PALL B: 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.
PALL B
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€5,902
up €5,902 (+8.6%), from -€68,839 to -€62,937
- Trade debts -€4,336
down €4,336 (-1.8%), from €239,340 to €235,005
- Gross operating margin -€3,620
down €3,620 (-21.4%), from €16,938 to €13,318
- Taxes +€839
up €839 (+73.3%), from €1,145 to €1,985
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 | €254,904 | €256,213 | +€1,309 | +0.5% |
| Fixed assets | 21/28 | €235,583 | €233,756 | -€1,827 | -0.8% |
| Tangible fixed assets | 22/27 | €235,583 | €233,756 | -€1,827 | -0.8% |
| Land and buildings | 22 | €229,471 | €229,471 | = | 0.0% |
| Plant, machinery and equipment | 23 | €6,112 | €4,285 | -€1,827 | -29.9% |
| Current assets | 29/58 | €19,321 | €22,457 | +€3,136 | +16.2% |
| Amounts receivable after more than one year | 29 | - | €294 | +€294 | |
| Trade receivables | 290 | - | €279 | +€279 | |
| Other amounts receivable | 291 | - | €15 | +€15 | |
| Cash at bank and in hand | 54/58 | €19,321 | €20,270 | +€949 | +4.9% |
| Deferred charges and accrued income | 490/1 | - | €1,893 | +€1,893 | |
| Total equity and liabilities | 10/49 | €254,904 | €256,213 | +€1,309 | +0.5% |
| Equity | 10/15 | -€6,839 | -€937 | +€5,902 | +86.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,839 | -€62,937 | +€5,902 | +8.6% |
| Amounts payable | 17/49 | €261,743 | €257,150 | -€4,593 | -1.8% |
| Amounts payable within one year | 42/48 | €261,486 | €257,150 | -€4,336 | -1.7% |
| Trade debts | 44 | €239,340 | €235,005 | -€4,336 | -1.8% |
| Suppliers | 440/4 | €239,340 | €235,005 | -€4,336 | -1.8% |
| Taxes, remuneration and social security | 45 | €1,145 | €1,145 | = | 0.0% |
| Taxes | 450/3 | €1,145 | €1,145 | = | 0.0% |
| Other amounts payable | 47/48 | €21,000 | €21,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €257 | - | -€257 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,827 | €1,827 | = | 0.0% |
| Other operating charges | 640/8 | €3,609 | €3,514 | -€94 | -2.6% |
| Gross operating margin | 9900 | €16,938 | €13,318 | -€3,620 | -21.4% |
| Operating profit (loss) | 9901 | €11,502 | €7,976 | -€3,526 | -30.7% |
| Financial charges | 65/66B | €197 | €90 | -€107 | -54.4% |
| Recurring financial charges | 65 | €197 | €90 | -€107 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | €11,305 | €7,886 | -€3,418 | -30.2% |
| Income taxes | 67/77 | €1,145 | €1,985 | +€839 | +73.3% |
| Profit (loss) for the period | 9904 | €10,159 | €5,902 | -€4,258 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,159 | €5,902 | -€4,258 | -41.9% |
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 7 October 2026 via checked.be.