PALINO: 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.
PALINO
Largest movements
- Tangible fixed assets -€17,608
down €17,608 (-2.2%), from €793,952 to €776,345
- Revaluation surpluses -€12,564
down €12,564 (-2.0%), from €625,927 to €613,363
- Reserves +€12,564
up €12,564 (+23.7%), from €52,971 to €65,535
- Other debts -€11,000
down €11,000 (-6.3%), from €174,754 to €163,754
- Other operating charges -€3,618
down €3,618 (-82.7%), from €4,374 to €756
- Gross operating margin -€3,580
down €3,580 (-24.2%), from €14,769 to €11,189
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €795,744 | €777,017 | -€18,727 | -2.4% |
| Fixed assets | 21/28 | €793,952 | €776,345 | -€17,608 | -2.2% |
| Tangible fixed assets | 22/27 | €793,952 | €776,345 | -€17,608 | -2.2% |
| Land and buildings | 22 | €793,952 | €776,345 | -€17,608 | -2.2% |
| Current assets | 29/58 | €1,792 | €672 | -€1,120 | -62.5% |
| Cash at bank and in hand | 54/58 | €1,792 | €672 | -€1,120 | -62.5% |
| Total equity and liabilities | 10/49 | €795,744 | €777,017 | -€18,727 | -2.4% |
| Equity | 10/15 | €620,549 | €613,262 | -€7,286 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €625,927 | €613,363 | -€12,564 | -2.0% |
| Reserves | 13 | €52,971 | €65,535 | +€12,564 | +23.7% |
| Distributable reserves | 133 | €52,971 | €65,535 | +€12,564 | +23.7% |
| Profit (loss) carried forward | 14 | -€76,950 | -€84,236 | -€7,286 | -9.5% |
| Amounts payable | 17/49 | €175,195 | €163,754 | -€11,441 | -6.5% |
| Amounts payable within one year | 42/48 | €175,195 | €163,754 | -€11,441 | -6.5% |
| Trade debts | 44 | €441 | €0 | -€441 | -100% |
| Suppliers | 440/4 | €441 | €0 | -€441 | -100% |
| Other amounts payable | 47/48 | €174,754 | €163,754 | -€11,000 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,582 | €17,608 | +€26 | +0.1% |
| Other operating charges | 640/8 | €4,374 | €756 | -€3,618 | -82.7% |
| Gross operating margin | 9900 | €14,769 | €11,189 | -€3,580 | -24.2% |
| Operating profit (loss) | 9901 | -€7,186 | -€7,174 | +€12 | +0.2% |
| Financial charges | 65/66B | €46 | €112 | +€66 | +142% |
| Recurring financial charges | 65 | €46 | €112 | +€66 | +142% |
| Profit (loss) for the period before taxes | 9903 | -€7,233 | -€7,286 | -€54 | -0.7% |
| Profit (loss) for the period | 9904 | -€7,233 | -€7,286 | -€54 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,233 | -€7,286 | -€54 | -0.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.