PALACE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PALACE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Trade debts +€1,815
up €1,815 (+28.8%), from €6,308 to €8,123
- Profit (loss) carried forward -€1,327
down €1,327 (-11.6%), from -€11,406 to -€12,733
- Accrued charges and deferred income -€493
no longer reported in 2024 (was €493)
- Gross operating margin +€242
up €242 (+32.3%), from -€750 to -€508
- Other operating charges +€203
up €203 (+36.4%), from €557 to €760
- Financial income -€75
no longer reported in 2024 (was €75)
- Financial charges -€31
down €31 (-34.1%), from €89 to €59
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,510 | €6,510 | = | 0.0% |
| Fixed assets | 21/28 | €6,510 | €6,510 | = | 0.0% |
| Financial fixed assets | 28 | €6,510 | €6,510 | = | 0.0% |
| Total equity and liabilities | 10/49 | €6,510 | €6,510 | = | 0.0% |
| Equity | 10/15 | -€1,406 | -€2,733 | -€1,327 | -94.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,406 | -€12,733 | -€1,327 | -11.6% |
| Amounts payable | 17/49 | €7,916 | €9,243 | +€1,327 | +16.8% |
| Amounts payable within one year | 42/48 | €7,423 | €9,243 | +€1,820 | +24.5% |
| Financial debts | 43 | €3 | €8 | +€5 | +216.3% |
| Credit institutions | 430/8 | €3 | €8 | +€5 | +216.3% |
| Trade debts | 44 | €6,308 | €8,123 | +€1,815 | +28.8% |
| Suppliers | 440/4 | €6,308 | €8,123 | +€1,815 | +28.8% |
| Other amounts payable | 47/48 | €1,112 | €1,112 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €493 | - | -€493 | |
| Other operating charges | 640/8 | €557 | €760 | +€203 | +36.4% |
| Gross operating margin | 9900 | -€750 | -€508 | +€242 | +32.3% |
| Operating profit (loss) | 9901 | -€1,307 | -€1,268 | +€39 | +3.0% |
| Financial income | 75/76B | €75 | - | -€75 | |
| Recurring financial income | 75 | €75 | - | -€75 | |
| Financial charges | 65/66B | €89 | €59 | -€31 | -34.1% |
| Recurring financial charges | 65 | €89 | €59 | -€31 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,321 | -€1,327 | -€6 | -0.4% |
| Profit (loss) for the period | 9904 | -€1,321 | -€1,327 | -€6 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,321 | -€1,327 | -€6 | -0.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.