PALIT: 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.
PALIT
Largest movements
- Cash +€6,543
up €6,543 (+51.9%), from €12,609 to €19,152
mainly Trade debts (+€9,756) and Depreciation (+€3,471)
- Tangible fixed assets -€3,471
down €3,471 (-23.4%), from €14,815 to €11,344
of which Plant, machinery and equipment: -€1,972
- Deferred charges and accrued income +€1,310
up €1,310 (+70.2%), from €1,867 to €3,177
- Stocks and contracts +€545
up €545 (+12.2%), from €4,464 to €5,009
- Trade debts +€9,756
up €9,756 (+26.0%), from €37,577 to €47,333
- Other debts -€5,910
down €5,910 (-22.5%), from €26,222 to €20,312
- Accrued charges and deferred income +€1,446
new in 2025: €1,446
- Profit (loss) carried forward -€1,241
down €1,241 (-2.0%), from -€63,147 to -€64,389
- Tax, wage and social debts +€1,063
up €1,063 (+7.5%), from €14,164 to €15,227
of which Taxes: +€884
- Gross operating margin +€6,127
up €6,127 (+8.2%), from €74,797 to €80,924
- Financial charges +€4,455
up €4,455 (+762.8%), from €584 to €5,039
- Depreciation +€931
up €931 (+36.6%), from €2,540 to €3,471
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 | €34,465 | €39,481 | +€5,017 | +14.6% |
| Fixed assets | 21/28 | €15,125 | €11,654 | -€3,471 | -22.9% |
| Tangible fixed assets | 22/27 | €14,815 | €11,344 | -€3,471 | -23.4% |
| Plant, machinery and equipment | 23 | €8,198 | €6,226 | -€1,972 | -24.1% |
| Furniture and vehicles | 24 | €6,617 | €5,118 | -€1,499 | -22.7% |
| Financial fixed assets | 28 | €310 | €310 | = | 0.0% |
| Current assets | 29/58 | €19,339 | €27,827 | +€8,488 | +43.9% |
| Stocks and contracts in progress | 3 | €4,464 | €5,009 | +€545 | +12.2% |
| Stocks | 30/36 | €4,464 | €5,009 | +€545 | +12.2% |
| Amounts receivable within one year | 40/41 | €400 | €490 | +€90 | +22.5% |
| Trade receivables | 40 | €400 | €490 | +€90 | +22.5% |
| Cash at bank and in hand | 54/58 | €12,609 | €19,152 | +€6,543 | +51.9% |
| Deferred charges and accrued income | 490/1 | €1,867 | €3,177 | +€1,310 | +70.2% |
| Total equity and liabilities | 10/49 | €34,465 | €39,481 | +€5,017 | +14.6% |
| Equity | 10/15 | -€43,645 | -€44,886 | -€1,241 | -2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €902 | €902 | = | 0.0% |
| Distributable reserves | 133 | €902 | €902 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,147 | -€64,389 | -€1,241 | -2.0% |
| Amounts payable | 17/49 | €78,109 | €84,367 | +€6,258 | +8.0% |
| Amounts payable within one year | 42/48 | €78,109 | €82,922 | +€4,812 | +6.2% |
| Trade debts | 44 | €37,577 | €47,333 | +€9,756 | +26.0% |
| Suppliers | 440/4 | €37,577 | €47,333 | +€9,756 | +26.0% |
| Advances received on contracts in progress | 46 | €146 | €50 | -€96 | -65.8% |
| Taxes, remuneration and social security | 45 | €14,164 | €15,227 | +€1,063 | +7.5% |
| Taxes | 450/3 | €9,817 | €10,701 | +€884 | +9.0% |
| Remuneration and social security | 454/9 | €4,348 | €4,527 | +€179 | +4.1% |
| Other amounts payable | 47/48 | €26,222 | €20,312 | -€5,910 | -22.5% |
| Accrued charges and deferred income | 492/3 | - | €1,446 | +€1,446 | |
| Non-recurring operating income | 76A | - | €5,936 | +€5,936 | |
| Remuneration, social security and pensions | 62 | €64,252 | €64,828 | +€576 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,540 | €3,471 | +€931 | +36.6% |
| Other operating charges | 640/8 | €8,391 | €8,067 | -€324 | -3.9% |
| Gross operating margin | 9900 | €74,797 | €80,924 | +€6,127 | +8.2% |
| Operating profit (loss) | 9901 | -€387 | €4,558 | +€4,944 | |
| Financial charges | 65/66B | €584 | €5,039 | +€4,455 | +762.8% |
| Recurring financial charges | 65 | €584 | €5,039 | +€4,455 | +762.8% |
| Profit (loss) for the period before taxes | 9903 | -€971 | -€482 | +€489 | +50.4% |
| Income taxes | 67/77 | €403 | €760 | +€356 | +88.4% |
| Profit (loss) for the period | 9904 | -€1,374 | -€1,241 | +€133 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,374 | -€1,241 | +€133 | +9.7% |
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 4 October 2026 via checked.be.