PALILOR: 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.
PALILOR
Largest movements
- Cash -€87,217
down €87,217 (-45.5%), from €191,535 to €104,318
mainly Contributions, distributions and other (-€91,699) and Net result for the year (-€26,845)
- Tangible fixed assets -€18,723
down €18,723 (-57.0%), from €32,847 to €14,125
of which Furniture and vehicles: -€18,176
- Receivables within one year -€11,340
down €11,340 (-31.4%), from €36,172 to €24,832
of which Other amounts receivable: -€11,340
- Reserves -€91,699
down €91,699 (-32.9%), from €278,809 to €187,110
- Profit (loss) carried forward -€26,845
down €26,845 (-98.0%), from -€27,392 to -€54,238
- Provisions +€4,235
no longer reported in 2025 (was -€4,235)
- Other operating charges -€1,420
down €1,420 (-60.4%), from €2,352 to €933
- Financial income -€1,044
down €1,044 (-49.5%), from €2,111 to €1,067
- Financial charges -€421
down €421 (-84.4%), from €499 to €78
- Taxes +€171
up €171 (+30.6%), from €558 to €729
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 | €262,018 | €144,855 | -€117,162 | -44.7% |
| Fixed assets | 21/28 | €32,897 | €14,175 | -€18,723 | -56.9% |
| Tangible fixed assets | 22/27 | €32,847 | €14,125 | -€18,723 | -57.0% |
| Furniture and vehicles | 24 | €30,662 | €12,485 | -€18,176 | -59.3% |
| Other tangible fixed assets | 26 | €2,185 | €1,639 | -€546 | -25.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €229,120 | €130,681 | -€98,439 | -43.0% |
| Amounts receivable within one year | 40/41 | €36,172 | €24,832 | -€11,340 | -31.4% |
| Trade receivables | 40 | €1,700 | €1,700 | = | 0.0% |
| Other amounts receivable | 41 | €34,472 | €23,132 | -€11,340 | -32.9% |
| Cash at bank and in hand | 54/58 | €191,535 | €104,318 | -€87,217 | -45.5% |
| Deferred charges and accrued income | 490/1 | €1,414 | €1,532 | +€118 | +8.3% |
| Total equity and liabilities | 10/49 | €262,018 | €144,855 | -€117,162 | -44.7% |
| Equity | 10/15 | €251,417 | €132,872 | -€118,545 | -47.2% |
| Reserves | 13 | €278,809 | €187,110 | -€91,699 | -32.9% |
| Distributable reserves | 133 | €278,809 | €187,110 | -€91,699 | -32.9% |
| Profit (loss) carried forward | 14 | -€27,392 | -€54,238 | -€26,845 | -98.0% |
| Amounts payable | 17/49 | €10,601 | €11,983 | +€1,382 | +13.0% |
| Amounts payable within one year | 42/48 | €5,356 | €7,143 | +€1,788 | +33.4% |
| Financial debts | 43 | - | €2,092 | +€2,092 | |
| Credit institutions | 430/8 | - | €2,092 | +€2,092 | |
| Trade debts | 44 | €5,356 | €4,322 | -€1,033 | -19.3% |
| Suppliers | 440/4 | €5,356 | €4,322 | -€1,033 | -19.3% |
| Taxes, remuneration and social security | 45 | - | €729 | +€729 | |
| Taxes | 450/3 | - | €729 | +€729 | |
| Accrued charges and deferred income | 492/3 | €5,245 | €4,840 | -€405 | -7.7% |
| Non-recurring operating income | 76A | €21 | - | -€21 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,343 | €19,272 | -€72 | -0.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€4,235 | - | +€4,235 | |
| Other operating charges | 640/8 | €2,352 | €933 | -€1,420 | -60.4% |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Gross operating margin | 9900 | -€7,052 | -€6,901 | +€151 | +2.1% |
| Operating profit (loss) | 9901 | -€24,513 | -€27,106 | -€2,593 | -10.6% |
| Financial income | 75/76B | €2,111 | €1,067 | -€1,044 | -49.5% |
| Recurring financial income | 75 | €2,111 | €1,067 | -€1,044 | -49.5% |
| Financial charges | 65/66B | €499 | €78 | -€421 | -84.4% |
| Recurring financial charges | 65 | €499 | €78 | -€421 | -84.4% |
| Profit (loss) for the period before taxes | 9903 | -€22,901 | -€26,117 | -€3,216 | -14.0% |
| Income taxes | 67/77 | €558 | €729 | +€171 | +30.6% |
| Profit (loss) for the period | 9904 | -€23,459 | -€26,845 | -€3,386 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,459 | -€26,845 | -€3,386 | -14.4% |
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 5 October 2026 via checked.be.