Palatine: 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.
Palatine
Largest movements
- Receivables within one year -€8,233
down €8,233 (-98.3%), from €8,377 to €145
of which Trade receivables: -€7,569
- Cash -€3,141
down €3,141 (-29.4%), from €10,680 to €7,539
mainly Trade debts (-€13,553)
- Trade debts -€13,553
down €13,553 (-99.6%), from €13,613 to €60
- Reserves +€953
up €953 (+21.0%), from €4,540 to €5,493
- Profit (loss) carried forward +€781
up €781, from -€781 to €0
- Tax, wage and social debts +€445
up €445 (+239%), from €186 to €631
- Gross operating margin +€3,363
up €3,363, from -€434 to €2,930
- Taxes +€445
up €445 (+239%), from €186 to €631
- Other operating charges +€402
up €402 (+340%), from €118 to €520
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 | €19,058 | €7,684 | -€11,374 | -59.7% |
| Current assets | 29/58 | €19,058 | €7,684 | -€11,374 | -59.7% |
| Amounts receivable within one year | 40/41 | €8,377 | €145 | -€8,233 | -98.3% |
| Trade receivables | 40 | €7,569 | €0 | -€7,569 | -100% |
| Other amounts receivable | 41 | €808 | €145 | -€664 | -82.1% |
| Cash at bank and in hand | 54/58 | €10,680 | €7,539 | -€3,141 | -29.4% |
| Total equity and liabilities | 10/49 | €19,058 | €7,684 | -€11,374 | -59.7% |
| Equity | 10/15 | €5,259 | €6,993 | +€1,734 | +33.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €4,540 | €5,493 | +€953 | +21.0% |
| Distributable reserves | 133 | €4,540 | €5,493 | +€953 | +21.0% |
| Profit (loss) carried forward | 14 | -€781 | €0 | +€781 | |
| Amounts payable | 17/49 | €13,799 | €691 | -€13,107 | -95.0% |
| Amounts payable within one year | 42/48 | €13,799 | €691 | -€13,107 | -95.0% |
| Trade debts | 44 | €13,613 | €60 | -€13,553 | -99.6% |
| Suppliers | 440/4 | €13,613 | €60 | -€13,553 | -99.6% |
| Taxes, remuneration and social security | 45 | €186 | €631 | +€445 | +239% |
| Taxes | 450/3 | €186 | €631 | +€445 | +239% |
| Other operating charges | 640/8 | €118 | €520 | +€402 | +340% |
| Gross operating margin | 9900 | -€434 | €2,930 | +€3,363 | |
| Operating profit (loss) | 9901 | -€552 | €2,410 | +€2,962 | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€595 | €2,365 | +€2,960 | |
| Income taxes | 67/77 | €186 | €631 | +€445 | +239% |
| Profit (loss) for the period | 9904 | -€781 | €1,734 | +€2,515 | |
| Profit (loss) for the period to be appropriated | 9905 | -€781 | €1,734 | +€2,515 |
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 15 October 2026 via checked.be.