PALAU: 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.
PALAU
Largest movements
- Cash +€89,709
up €89,709 (+385%), from €23,278 to €112,987
mainly Contributions, distributions and other (+€218,000) and Current portion of long-term debt (+€38,000)
- Receivables within one year +€30,710
up €30,710 (+46.3%), from €66,294 to €97,004
of which Trade receivables: +€34,205
- Contributions +€218,000
up €218,000 (+3,114%), from €7,000 to €225,000
- Profit (loss) carried forward -€89,520
down €89,520, from €23,947 to -€65,574
- Debts after one year -€50,000
no longer reported in 2025 (was €50,000)
- Current portion of long-term debt +€38,000
new in 2025: €38,000
- Tax, wage and social debts +€2,713
up €2,713 (+206%), from €1,317 to €4,030
- Gross operating margin -€102,094
down €102,094, from €19,966 to -€82,128
- Taxes +€1,961
up €1,961 (+77.2%), from €2,540 to €4,501
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 | €89,896 | €209,991 | +€120,096 | +134% |
| Fixed assets | 21/28 | €324 | - | -€324 | |
| Tangible fixed assets | 22/27 | €324 | - | -€324 | |
| Plant, machinery and equipment | 23 | €324 | - | -€324 | |
| Current assets | 29/58 | €89,572 | €209,991 | +€120,419 | +134% |
| Amounts receivable within one year | 40/41 | €66,294 | €97,004 | +€30,710 | +46.3% |
| Trade receivables | 40 | €53,025 | €87,230 | +€34,205 | +64.5% |
| Other amounts receivable | 41 | €13,269 | €9,774 | -€3,495 | -26.3% |
| Cash at bank and in hand | 54/58 | €23,278 | €112,987 | +€89,709 | +385% |
| Total equity and liabilities | 10/49 | €89,896 | €209,991 | +€120,096 | +134% |
| Equity | 10/15 | €30,947 | €159,426 | +€128,480 | +415% |
| Contributions | 10/11 | €7,000 | €225,000 | +€218,000 | +3,114% |
| Profit (loss) carried forward | 14 | €23,947 | -€65,574 | -€89,520 | |
| Amounts payable | 17/49 | €58,949 | €50,565 | -€8,384 | -14.2% |
| Amounts payable after more than one year | 17 | €50,000 | - | -€50,000 | |
| Financial debts | 170/4 | €50,000 | - | -€50,000 | |
| Amounts payable within one year | 42/48 | €8,949 | €50,565 | +€41,616 | +465% |
| Current portion of amounts payable after more than one year | 42 | - | €38,000 | +€38,000 | |
| Trade debts | 44 | €7,632 | €7,087 | -€545 | -7.1% |
| Suppliers | 440/4 | €7,632 | €7,087 | -€545 | -7.1% |
| Taxes, remuneration and social security | 45 | €1,317 | €4,030 | +€2,713 | +206% |
| Taxes | 450/3 | €1,317 | €4,030 | +€2,713 | +206% |
| Other amounts payable | 47/48 | - | €1,448 | +€1,448 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €777 | €324 | -€453 | -58.3% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €19,966 | -€82,128 | -€102,094 | |
| Operating profit (loss) | 9901 | €18,684 | -€82,972 | -€101,655 | |
| Financial charges | 65/66B | €2,292 | €2,048 | -€244 | -10.6% |
| Recurring financial charges | 65 | €2,292 | €2,048 | -€244 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €16,392 | -€85,020 | -€101,412 | |
| Income taxes | 67/77 | €2,540 | €4,501 | +€1,961 | +77.2% |
| Profit (loss) for the period | 9904 | €13,852 | -€89,520 | -€103,372 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,852 | -€89,520 | -€103,372 |
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.