Palaia: what changed
Two fiscal 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.
Palaia
Largest movements
- Cash -€7,927
down €7,927 (-48.2%), from €16,440 to €8,513
mainly Net result for the year (-€4,085) and Trade debts (-€3,842)
- Profit (loss) carried forward -€4,085
down €4,085 (-0.2%), from -€2.2m to -€2.2m
- Trade debts -€3,842
down €3,842 (-86.3%), from €4,451 to €609
- Financial charges -€1.1m
down €1.1m (-100.0%), from €1.1m to €36
of which Non-recurring financial charges: -€1.1m
- Gross operating margin -€54
down €54 (-1.9%), from -€2,876 to -€2,931
- Other operating charges +€50
up €50 (+4.6%), from €1,069 to €1,118
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,440 | €28,513 | -€7,927 | -21.8% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €36,440 | €28,513 | -€7,927 | -21.8% |
| Amounts receivable within one year | 40/41 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 41 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,440 | €8,513 | -€7,927 | -48.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €36,440 | €28,513 | -€7,927 | -21.8% |
| Equity | 10/15 | €21,317 | €17,232 | -€4,085 | -19.2% |
| Contributions | 10/11 | €2,266,734 | €2,266,734 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,245,418 | -€2,249,503 | -€4,085 | -0.2% |
| Amounts payable | 17/49 | €15,123 | €11,282 | -€3,842 | -25.4% |
| Amounts payable within one year | 42/48 | €15,123 | €11,282 | -€3,842 | -25.4% |
| Trade debts | 44 | €4,451 | €609 | -€3,842 | -86.3% |
| Suppliers | 440/4 | €4,451 | €609 | -€3,842 | -86.3% |
| Other amounts payable | 47/48 | €10,672 | €10,672 | = | 0.0% |
| Other operating charges | 640/8 | €1,069 | €1,118 | +€50 | +4.6% |
| Non-recurring operating charges | 66A | €1,313 | €0 | -€1,313 | -100.0% |
| Gross operating margin | 9900 | -€2,876 | -€2,931 | -€54 | -1.9% |
| Operating profit (loss) | 9901 | -€5,257 | -€4,049 | +€1,208 | +23.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,100,158 | €36 | -€1.1m | -100.0% |
| Recurring financial charges | 65 | €36 | €36 | = | 0.0% |
| Non-recurring financial charges | 66B | €1,100,122 | €0 | -€1.1m | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,105,415 | -€4,085 | +€1.1m | +99.6% |
| Profit (loss) for the period | 9904 | -€1,105,415 | -€4,085 | +€1.1m | +99.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,105,415 | -€4,085 | +€1.1m | +99.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.