PALADON: 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.
PALADON
Largest movements
- Stocks and contracts +€435,605
up €435,605 (+406.2%), from €107,234 to €542,838
- Cash -€160,754
down €160,754 (-98.8%), from €162,735 to €1,981
mainly Stocks and contracts (-€435,605) and Net result for the year (-€9,250)
- Other debts +€283,257
up €283,257 (+121.6%), from €232,873 to €516,130
- Profit (loss) carried forward -€9,250
down €9,250 (-96.1%), from -€9,627 to -€18,877
- Gross operating margin -€27,490
down €27,490, from €22,497 to -€4,992
- Other operating charges -€18,148
down €18,148 (-81.4%), from €22,282 to €4,134
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €295,853 | €566,305 | +€270,452 | +91.4% |
| Current assets | 29/58 | €295,853 | €566,305 | +€270,452 | +91.4% |
| Stocks and contracts in progress | 3 | €107,234 | €542,838 | +€435,605 | +406.2% |
| Stocks | 30/36 | €107,234 | €542,838 | +€435,605 | +406.2% |
| Amounts receivable within one year | 40/41 | €25,456 | €19,944 | -€5,513 | -21.7% |
| Trade receivables | 40 | €9,632 | €3,341 | -€6,291 | -65.3% |
| Other amounts receivable | 41 | €15,824 | €16,602 | +€778 | +4.9% |
| Cash at bank and in hand | 54/58 | €162,735 | €1,981 | -€160,754 | -98.8% |
| Deferred charges and accrued income | 490/1 | €428 | €1,542 | +€1,113 | +260.0% |
| Total equity and liabilities | 10/49 | €295,853 | €566,305 | +€270,452 | +91.4% |
| Equity | 10/15 | €55,573 | €46,323 | -€9,250 | -16.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €40,200 | €40,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | - | -€6,200 | |
| Reserves not available under the articles | 1311 | €6,200 | - | -€6,200 | |
| Distributable reserves | 133 | €34,000 | €40,200 | +€6,200 | +18.2% |
| Profit (loss) carried forward | 14 | -€9,627 | -€18,877 | -€9,250 | -96.1% |
| Amounts payable | 17/49 | €240,280 | €519,982 | +€279,701 | +116.4% |
| Amounts payable within one year | 42/48 | €240,280 | €519,649 | +€279,368 | +116.3% |
| Trade debts | 44 | €7,408 | €3,519 | -€3,889 | -52.5% |
| Suppliers | 440/4 | €7,408 | €3,519 | -€3,889 | -52.5% |
| Other amounts payable | 47/48 | €232,873 | €516,130 | +€283,257 | +121.6% |
| Accrued charges and deferred income | 492/3 | - | €333 | +€333 | |
| Other operating charges | 640/8 | €22,282 | €4,134 | -€18,148 | -81.4% |
| Gross operating margin | 9900 | €22,497 | -€4,992 | -€27,490 | |
| Operating profit (loss) | 9901 | €216 | -€9,126 | -€9,342 | |
| Financial charges | 65/66B | €211 | €123 | -€88 | -41.6% |
| Recurring financial charges | 65 | €211 | €123 | -€88 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €5 | -€9,250 | -€9,254 | |
| Profit (loss) for the period | 9904 | €5 | -€9,250 | -€9,254 | |
| Profit (loss) for the period to be appropriated | 9905 | €5 | -€9,250 | -€9,254 |
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 10 October 2026 via checked.be.