PALANTIR: 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.
PALANTIR
Largest movements
- Tangible fixed assets -€22,011
down €22,011 (-8.0%), from €276,509 to €254,498
of which Land and buildings: -€20,953
- Cash +€4,713
up €4,713 (+2.7%), from €171,537 to €176,251
mainly Depreciation (+€22,011) and Net result for the year (+€17,156)
- Debts after one year -€17,157
down €17,157 (-15.9%), from €107,924 to €90,767
- Reserves +€17,156
up €17,156 (+5.8%), from €297,312 to €314,468
- Tax, wage and social debts -€15,668
down €15,668 (-57.0%), from €27,487 to €11,819
- Gross operating margin -€14,993
down €14,993 (-21.6%), from €69,520 to €54,528
- Taxes -€5,007
down €5,007 (-40.2%), from €12,448 to €7,441
- Financial charges +€981
up €981 (+33.6%), from €2,922 to €3,903
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.
Derived cash bridge
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 | €466,735 | €449,151 | -€17,584 | -3.8% |
| Fixed assets | 21/28 | €276,509 | €254,498 | -€22,011 | -8.0% |
| Tangible fixed assets | 22/27 | €276,509 | €254,498 | -€22,011 | -8.0% |
| Land and buildings | 22 | €272,124 | €251,170 | -€20,953 | -7.7% |
| Plant, machinery and equipment | 23 | €3,050 | €2,348 | -€702 | -23.0% |
| Furniture and vehicles | 24 | €1,335 | €979 | -€356 | -26.7% |
| Current assets | 29/58 | €190,227 | €194,653 | +€4,427 | +2.3% |
| Amounts receivable within one year | 40/41 | €17,013 | €17,733 | +€720 | +4.2% |
| Trade receivables | 40 | €15,428 | €15,995 | +€567 | +3.7% |
| Other amounts receivable | 41 | €1,585 | €1,738 | +€153 | +9.6% |
| Cash at bank and in hand | 54/58 | €171,537 | €176,251 | +€4,713 | +2.7% |
| Deferred charges and accrued income | 490/1 | €1,677 | €670 | -€1,007 | -60.0% |
| Total equity and liabilities | 10/49 | €466,735 | €449,151 | -€17,584 | -3.8% |
| Equity | 10/15 | €309,712 | €326,868 | +€17,156 | +5.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €297,312 | €314,468 | +€17,156 | +5.8% |
| Distributable reserves | 133 | €297,312 | €314,468 | +€17,156 | +5.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €157,023 | €122,283 | -€34,741 | -22.1% |
| Amounts payable after more than one year | 17 | €107,924 | €90,767 | -€17,157 | -15.9% |
| Financial debts | 170/4 | €107,924 | €90,767 | -€17,157 | -15.9% |
| Amounts payable within one year | 42/48 | €49,099 | €31,516 | -€17,584 | -35.8% |
| Current portion of amounts payable after more than one year | 42 | €16,828 | €17,157 | +€328 | +2.0% |
| Financial debts | 43 | €40 | €32 | -€9 | -21.4% |
| Credit institutions | 430/8 | €40 | €32 | -€9 | -21.4% |
| Trade debts | 44 | €3,244 | €2,508 | -€736 | -22.7% |
| Suppliers | 440/4 | €3,244 | €2,508 | -€736 | -22.7% |
| Taxes, remuneration and social security | 45 | €27,487 | €11,819 | -€15,668 | -57.0% |
| Taxes | 450/3 | €27,487 | €11,819 | -€15,668 | -57.0% |
| Other amounts payable | 47/48 | €1,500 | €0 | -€1,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,684 | €22,011 | +€327 | +1.5% |
| Other operating charges | 640/8 | €4,347 | €4,272 | -€75 | -1.7% |
| Gross operating margin | 9900 | €69,520 | €54,528 | -€14,993 | -21.6% |
| Operating profit (loss) | 9901 | €43,489 | €28,245 | -€15,244 | -35.1% |
| Financial income | 75/76B | €750 | €256 | -€495 | -65.9% |
| Recurring financial income | 75 | €750 | €256 | -€495 | -65.9% |
| Financial charges | 65/66B | €2,922 | €3,903 | +€981 | +33.6% |
| Recurring financial charges | 65 | €2,922 | €3,903 | +€981 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €41,318 | €24,598 | -€16,720 | -40.5% |
| Income taxes | 67/77 | €12,448 | €7,441 | -€5,007 | -40.2% |
| Profit (loss) for the period | 9904 | €28,869 | €17,156 | -€11,713 | -40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,869 | €17,156 | -€11,713 | -40.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.