PALAU: 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.
PALAU
Largest movements
- Tangible fixed assets -€21,845
down €21,845 (-17.7%), from €123,516 to €101,671
of which Furniture and vehicles: -€24,327
- Cash -€9,326
down €9,326 (-12.6%), from €74,003 to €64,677
mainly Net result for the year (-€16,929) and Debts after one year (-€13,665)
- Profit (loss) carried forward -€16,929
down €16,929 (-4.8%), from -€351,353 to -€368,282
- Debts after one year -€13,665
down €13,665 (-26.8%), from €51,009 to €37,343
- Tax, wage and social debts -€7,850
down €7,850 (-73.5%), from €10,679 to €2,829
- Other debts +€3,895
up €3,895 (+1.4%), from €287,412 to €291,306
- Financial income +€5,961
up €5,961 (+118741.6%), from €5 to €5,966
- Depreciation +€3,009
up €3,009 (+9.3%), from €32,493 to €35,502
- Other operating charges +€2,791
up €2,791 (+149.2%), from €1,870 to €4,661
- Gross operating margin -€1,094
down €1,094 (-4.8%), from €22,767 to €21,673
- Financial charges -€622
down €622 (-16.2%), from €3,848 to €3,226
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 | €199,292 | €166,366 | -€32,926 | -16.5% |
| Fixed assets | 21/28 | €123,516 | €101,671 | -€21,845 | -17.7% |
| Tangible fixed assets | 22/27 | €123,516 | €101,671 | -€21,845 | -17.7% |
| Plant, machinery and equipment | 23 | €7,860 | €6,651 | -€1,209 | -15.4% |
| Furniture and vehicles | 24 | €94,339 | €70,012 | -€24,327 | -25.8% |
| Leasing and similar rights | 25 | - | €5,024 | +€5,024 | |
| Other tangible fixed assets | 26 | €21,317 | €19,985 | -€1,332 | -6.3% |
| Current assets | 29/58 | €75,775 | €64,695 | -€11,081 | -14.6% |
| Amounts receivable within one year | 40/41 | €1,773 | €18 | -€1,755 | -99.0% |
| Trade receivables | 40 | €1,773 | €18 | -€1,755 | -99.0% |
| Cash at bank and in hand | 54/58 | €74,003 | €64,677 | -€9,326 | -12.6% |
| Total equity and liabilities | 10/49 | €199,292 | €166,366 | -€32,926 | -16.5% |
| Equity | 10/15 | -€163,368 | -€180,297 | -€16,929 | -10.4% |
| Contributions | 10/11 | €160,625 | €160,625 | = | 0.0% |
| Reserves | 13 | €27,360 | €27,360 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,360 | €27,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€351,353 | -€368,282 | -€16,929 | -4.8% |
| Amounts payable | 17/49 | €362,659 | €346,663 | -€15,996 | -4.4% |
| Amounts payable after more than one year | 17 | €51,009 | €37,343 | -€13,665 | -26.8% |
| Financial debts | 170/4 | €51,009 | €37,343 | -€13,665 | -26.8% |
| Amounts payable within one year | 42/48 | €311,651 | €309,320 | -€2,331 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €12,991 | €13,665 | +€674 | +5.2% |
| Trade debts | 44 | €568 | €1,519 | +€950 | +167.2% |
| Suppliers | 440/4 | €568 | €1,519 | +€950 | +167.2% |
| Taxes, remuneration and social security | 45 | €10,679 | €2,829 | -€7,850 | -73.5% |
| Taxes | 450/3 | €10,679 | €2,829 | -€7,850 | -73.5% |
| Other amounts payable | 47/48 | €287,412 | €291,306 | +€3,895 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,493 | €35,502 | +€3,009 | +9.3% |
| Other operating charges | 640/8 | €1,870 | €4,661 | +€2,791 | +149.2% |
| Gross operating margin | 9900 | €22,767 | €21,673 | -€1,094 | -4.8% |
| Operating profit (loss) | 9901 | -€11,596 | -€18,490 | -€6,894 | -59.4% |
| Financial income | 75/76B | €5 | €5,966 | +€5,961 | +118741.6% |
| Recurring financial income | 75 | €5 | €5,966 | +€5,961 | +118741.6% |
| Financial charges | 65/66B | €3,848 | €3,226 | -€622 | -16.2% |
| Recurring financial charges | 65 | €3,848 | €3,226 | -€622 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,440 | -€15,751 | -€311 | -2.0% |
| Income taxes | 67/77 | €1,226 | €1,178 | -€48 | -3.9% |
| Profit (loss) for the period | 9904 | -€16,666 | -€16,929 | -€263 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,666 | -€16,929 | -€263 | -1.6% |
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 7 October 2026 via checked.be.