PALINDROME: 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.
PALINDROME
Largest movements
- Cash -€3,618
down €3,618 (-52.9%), from €6,834 to €3,216
mainly Debts after one year (-€10,230) and Trade debts (-€4,000)
- Tangible fixed assets -€3,562
down €3,562 (-2.9%), from €124,953 to €121,390
of which Land and buildings: -€3,977
- Debts after one year -€10,230
down €10,230 (-13.8%), from €74,334 to €64,104
- Profit (loss) carried forward +€4,098
up €4,098 (+79.0%), from -€5,187 to -€1,089
- Trade debts -€4,000
down €4,000 (-82.6%), from €4,840 to €840
- Tax, wage and social debts +€1,491
up €1,491 (+381%), from €392 to €1,882
- Gross operating margin +€1,917
up €1,917 (+15.3%), from €12,530 to €14,447
- Taxes +€1,099
up €1,099 (+281%), from €392 to €1,491
- Financial charges -€407
down €407 (-10.4%), from €3,922 to €3,516
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 | €131,977 | €124,607 | -€7,371 | -5.6% |
| Fixed assets | 21/28 | €124,953 | €121,390 | -€3,562 | -2.9% |
| Tangible fixed assets | 22/27 | €124,953 | €121,390 | -€3,562 | -2.9% |
| Land and buildings | 22 | €124,953 | €120,975 | -€3,977 | -3.2% |
| Furniture and vehicles | 24 | - | €415 | +€415 | |
| Current assets | 29/58 | €7,025 | €3,216 | -€3,808 | -54.2% |
| Amounts receivable within one year | 40/41 | €191 | - | -€191 | |
| Other amounts receivable | 41 | €191 | - | -€191 | |
| Cash at bank and in hand | 54/58 | €6,834 | €3,216 | -€3,618 | -52.9% |
| Total equity and liabilities | 10/49 | €131,977 | €124,607 | -€7,371 | -5.6% |
| Equity | 10/15 | €13,484 | €17,582 | +€4,098 | +30.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71 | €71 | = | 0.0% |
| Non-distributable reserves | 130/1 | €71 | €71 | = | 0.0% |
| Reserves not available under the articles | 1311 | €71 | €71 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,187 | -€1,089 | +€4,098 | +79.0% |
| Amounts payable | 17/49 | €118,494 | €107,025 | -€11,469 | -9.7% |
| Amounts payable after more than one year | 17 | €74,334 | €64,104 | -€10,230 | -13.8% |
| Financial debts | 170/4 | €74,334 | €64,104 | -€10,230 | -13.8% |
| Amounts payable within one year | 42/48 | €44,160 | €42,921 | -€1,239 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €9,757 | €10,198 | +€441 | +4.5% |
| Trade debts | 44 | €4,840 | €840 | -€4,000 | -82.6% |
| Suppliers | 440/4 | €4,840 | €840 | -€4,000 | -82.6% |
| Taxes, remuneration and social security | 45 | €392 | €1,882 | +€1,491 | +381% |
| Taxes | 450/3 | €392 | €1,882 | +€1,491 | +381% |
| Other amounts payable | 47/48 | €29,171 | €30,000 | +€828 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,977 | €4,050 | +€73 | +1.8% |
| Other operating charges | 640/8 | €1,253 | €1,292 | +€39 | +3.1% |
| Gross operating margin | 9900 | €12,530 | €14,447 | +€1,917 | +15.3% |
| Operating profit (loss) | 9901 | €7,300 | €9,105 | +€1,805 | +24.7% |
| Financial charges | 65/66B | €3,922 | €3,516 | -€407 | -10.4% |
| Recurring financial charges | 65 | €3,922 | €3,516 | -€407 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €3,377 | €5,589 | +€2,212 | +65.5% |
| Income taxes | 67/77 | €392 | €1,491 | +€1,099 | +281% |
| Profit (loss) for the period | 9904 | €2,986 | €4,098 | +€1,112 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,986 | €4,098 | +€1,112 | +37.3% |
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 13 October 2026 via checked.be.