PALISO: 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.
PALISO
Largest movements
- Cash +€36,029
up €36,029 (+76.8%), from €46,884 to €82,913
mainly Other debts (+€85,200) and Net result for the year (+€49,984)
- Current investments +€13,801
up €13,801 (+2.7%), from €506,592 to €520,393
- Other debts +€85,200
up €85,200 (+1273.2%), from €6,692 to €91,892
- Reserves -€34,227
down €34,227 (-6.4%), from €536,824 to €502,598
- Gross operating margin -€3,740
down €3,740 (-5.0%), from €74,852 to €71,113
- Financial income +€917
up €917 (+46.7%), from €1,963 to €2,880
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 | €571,389 | €624,344 | +€52,954 | +9.3% |
| Fixed assets | 21/28 | €19 | €899 | +€881 | +4714.1% |
| Tangible fixed assets | 22/27 | €19 | €899 | +€881 | +4714.1% |
| Furniture and vehicles | 24 | €19 | €899 | +€881 | +4714.1% |
| Current assets | 29/58 | €571,371 | €623,444 | +€52,074 | +9.1% |
| Amounts receivable within one year | 40/41 | €15,170 | €19,332 | +€4,162 | +27.4% |
| Trade receivables | 40 | €15,170 | €19,332 | +€4,162 | +27.4% |
| Current investments | 50/53 | €506,592 | €520,393 | +€13,801 | +2.7% |
| Cash at bank and in hand | 54/58 | €46,884 | €82,913 | +€36,029 | +76.8% |
| Deferred charges and accrued income | 490/1 | €2,724 | €806 | -€1,918 | -70.4% |
| Total equity and liabilities | 10/49 | €571,389 | €624,344 | +€52,954 | +9.3% |
| Equity | 10/15 | €543,024 | €508,798 | -€34,227 | -6.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €536,824 | €502,598 | -€34,227 | -6.4% |
| Distributable reserves | 133 | €536,824 | €502,598 | -€34,227 | -6.4% |
| Amounts payable | 17/49 | €28,365 | €115,546 | +€87,181 | +307.4% |
| Amounts payable within one year | 42/48 | €25,558 | €111,904 | +€86,346 | +337.8% |
| Trade debts | 44 | €1,586 | €2,497 | +€912 | +57.5% |
| Suppliers | 440/4 | €1,586 | €2,497 | +€912 | +57.5% |
| Taxes, remuneration and social security | 45 | €17,280 | €17,515 | +€234 | +1.4% |
| Taxes | 450/3 | €17,280 | €17,515 | +€234 | +1.4% |
| Other amounts payable | 47/48 | €6,692 | €91,892 | +€85,200 | +1273.2% |
| Accrued charges and deferred income | 492/3 | €2,807 | €3,642 | +€835 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €297 | €276 | -€21 | -7.1% |
| Other operating charges | 640/8 | €1,438 | €1,093 | -€344 | -24.0% |
| Gross operating margin | 9900 | €74,852 | €71,113 | -€3,740 | -5.0% |
| Operating profit (loss) | 9901 | €73,118 | €69,744 | -€3,374 | -4.6% |
| Financial income | 75/76B | €1,963 | €2,880 | +€917 | +46.7% |
| Recurring financial income | 75 | €1,963 | €2,880 | +€917 | +46.7% |
| Financial charges | 65/66B | €654 | €479 | -€175 | -26.7% |
| Recurring financial charges | 65 | €654 | €479 | -€175 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €74,427 | €72,145 | -€2,282 | -3.1% |
| Income taxes | 67/77 | €22,865 | €22,162 | -€704 | -3.1% |
| Profit (loss) for the period | 9904 | €51,562 | €49,984 | -€1,578 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €51,562 | €49,984 | -€1,578 | -3.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.