PALEMA: what changed
PALEMA
Largest movements
- Cash +€26,803
up €26,803 (+197%), from €13,626 to €40,429
mainly Net result for the year (+€26,726) and Trade debts (+€9,254)
- Receivables within one year +€12,477
up €12,477 (+166%), from €7,500 to €19,977
of which Trade receivables: +€12,225
- Reserves +€26,726
up €26,726 (+320%), from €8,343 to €35,070
- Trade debts +€9,254
up €9,254 (+166%), from €5,574 to €14,828
- Tax, wage and social debts +€2,516
up €2,516 (+40.5%), from €6,209 to €8,725
of which Taxes: +€4,016
- Other debts +€784
new in 2025: €784
- Gross operating margin +€24,273
up €24,273 (+232%), from €10,474 to €34,747
- Taxes +€5,066
up €5,066 (+238%), from €2,131 to €7,197
- Other operating charges +€612
new in 2025: €612
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,126 | €60,406 | +€39,280 | +186% |
| Current assets | 29/58 | €21,126 | €60,406 | +€39,280 | +186% |
| Amounts receivable within one year | 40/41 | €7,500 | €19,977 | +€12,477 | +166% |
| Trade receivables | 40 | €7,500 | €19,725 | +€12,225 | +163% |
| Other amounts receivable | 41 | - | €252 | +€252 | |
| Cash at bank and in hand | 54/58 | €13,626 | €40,429 | +€26,803 | +197% |
| Total equity and liabilities | 10/49 | €21,126 | €60,406 | +€39,280 | +186% |
| Equity | 10/15 | €9,343 | €36,070 | +€26,726 | +286% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €8,343 | €35,070 | +€26,726 | +320% |
| Distributable reserves | 133 | €8,343 | €35,070 | +€26,726 | +320% |
| Amounts payable | 17/49 | €11,783 | €24,337 | +€12,554 | +107% |
| Amounts payable within one year | 42/48 | €11,783 | €24,337 | +€12,554 | +107% |
| Trade debts | 44 | €5,574 | €14,828 | +€9,254 | +166% |
| Suppliers | 440/4 | €5,574 | €14,828 | +€9,254 | +166% |
| Taxes, remuneration and social security | 45 | €6,209 | €8,725 | +€2,516 | +40.5% |
| Taxes | 450/3 | €4,709 | €8,725 | +€4,016 | +85.3% |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100% |
| Other amounts payable | 47/48 | - | €784 | +€784 | |
| Other operating charges | 640/8 | - | €612 | +€612 | |
| Gross operating margin | 9900 | €10,474 | €34,747 | +€24,273 | +232% |
| Operating profit (loss) | 9901 | €10,474 | €34,135 | +€23,661 | +226% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €213 | +€213 | |
| Recurring financial charges | 65 | - | €213 | +€213 | |
| Profit (loss) for the period before taxes | 9903 | €10,474 | €33,923 | +€23,449 | +224% |
| Income taxes | 67/77 | €2,131 | €7,197 | +€5,066 | +238% |
| Profit (loss) for the period | 9904 | €8,343 | €26,726 | +€18,383 | +220% |
| Profit (loss) for the period to be appropriated | 9905 | €8,343 | €26,726 | +€18,383 | +220% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.