PALDAMAN: 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.
PALDAMAN
Largest movements
- Tangible fixed assets -€8,847
down €8,847 (-24.2%), from €36,488 to €27,642
- Receivables within one year +€8,356
up €8,356 (+81.7%), from €10,221 to €18,577
of which Other amounts receivable: +€4,456
- Reserves -€105,763
down €105,763 (-66.4%), from €159,360 to €53,597
- Other debts +€103,810
up €103,810 (+179%), from €57,947 to €161,756
- Gross operating margin -€7,366
down €7,366 (-24.5%), from €30,004 to €22,639
- Depreciation +€3,596
up €3,596 (+68.5%), from €5,251 to €8,847
- Taxes -€2,319
down €2,319 (-29.7%), from €7,819 to €5,500
- Financial income +€1,099
up €1,099 (+75.6%), from €1,454 to €2,553
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 | €241,377 | €240,563 | -€814 | -0.3% |
| Fixed assets | 21/28 | €36,488 | €27,642 | -€8,847 | -24.2% |
| Tangible fixed assets | 22/27 | €36,488 | €27,642 | -€8,847 | -24.2% |
| Furniture and vehicles | 24 | €36,488 | €27,642 | -€8,847 | -24.2% |
| Current assets | 29/58 | €204,889 | €212,922 | +€8,033 | +3.9% |
| Stocks and contracts in progress | 3 | €1,581 | €1,581 | = | 0.0% |
| Stocks | 30/36 | €1,581 | €1,581 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,221 | €18,577 | +€8,356 | +81.7% |
| Trade receivables | 40 | €6,760 | €10,660 | +€3,900 | +57.7% |
| Other amounts receivable | 41 | €3,461 | €7,917 | +€4,456 | +129% |
| Current investments | 50/53 | €100,026 | €102,193 | +€2,167 | +2.2% |
| Cash at bank and in hand | 54/58 | €90,428 | €88,470 | -€1,958 | -2.2% |
| Deferred charges and accrued income | 490/1 | €2,632 | €2,100 | -€532 | -20.2% |
| Total equity and liabilities | 10/49 | €241,377 | €240,563 | -€814 | -0.3% |
| Equity | 10/15 | €181,282 | €75,519 | -€105,763 | -58.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €159,360 | €53,597 | -€105,763 | -66.4% |
| Non-distributable reserves | 130/1 | €159,360 | €53,597 | -€105,763 | -66.4% |
| Reserves not available under the articles | 1311 | €159,360 | €53,597 | -€105,763 | -66.4% |
| Profit (loss) carried forward | 14 | €15,722 | €15,722 | = | 0.0% |
| Amounts payable | 17/49 | €60,095 | €165,044 | +€104,949 | +175% |
| Amounts payable within one year | 42/48 | €60,095 | €165,044 | +€104,949 | +175% |
| Trade debts | 44 | €149 | €1,175 | +€1,027 | +692% |
| Suppliers | 440/4 | €149 | €1,175 | +€1,027 | +692% |
| Taxes, remuneration and social security | 45 | €2,000 | €2,113 | +€113 | +5.6% |
| Taxes | 450/3 | €2,000 | €2,113 | +€113 | +5.6% |
| Other amounts payable | 47/48 | €57,947 | €161,756 | +€103,810 | +179% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,251 | €8,847 | +€3,596 | +68.5% |
| Other operating charges | 640/8 | - | €63 | +€63 | |
| Gross operating margin | 9900 | €30,004 | €22,639 | -€7,366 | -24.5% |
| Operating profit (loss) | 9901 | €24,753 | €13,729 | -€11,025 | -44.5% |
| Financial income | 75/76B | €1,454 | €2,553 | +€1,099 | +75.6% |
| Recurring financial income | 75 | €1,454 | €2,553 | +€1,099 | +75.6% |
| Financial charges | 65/66B | €63 | €45 | -€18 | -28.1% |
| Recurring financial charges | 65 | €63 | €45 | -€18 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €26,145 | €16,237 | -€9,908 | -37.9% |
| Income taxes | 67/77 | €7,819 | €5,500 | -€2,319 | -29.7% |
| Profit (loss) for the period | 9904 | €18,326 | €10,737 | -€7,589 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,326 | €10,737 | -€7,589 | -41.4% |
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 20 October 2026 via checked.be.