PALLADIO CONSULT: 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.
PALLADIO CONSULT
Largest movements
- Receivables within one year +€25,578
up €25,578 (+53.7%), from €47,657 to €73,236
of which Trade receivables: +€24,245
- Other debts +€40,629
up €40,629 (+30.9%), from €131,590 to €172,219
- Current portion of long-term debt -€19,153
no longer reported in 2025 (was €19,153)
- Profit (loss) carried forward +€2,492
up €2,492 (+1.1%), from -€228,760 to -€226,268
- Trade debts +€1,251
up €1,251 (+31.1%), from €4,018 to €5,269
- Gross operating margin +€34,017
up €34,017, from -€24,572 to €9,445
- Financial income -€7,923
down €7,923 (-100.0%), from €7,923 to €0
of which Non-recurring financial income: -€7,923
- Financial charges +€3,777
up €3,777 (+280%), from €1,348 to €5,125
of which Financial charges: +€3,960
- Other operating charges +€1,232
new in 2025: €1,232
- Depreciation -€654
down €654 (-52.3%), from €1,249 to €595
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 | €87,716 | €112,275 | +€24,560 | +28.0% |
| Fixed assets | 21/28 | €1,570 | €975 | -€595 | -37.9% |
| Tangible fixed assets | 22/27 | €1,570 | €975 | -€595 | -37.9% |
| Furniture and vehicles | 24 | €1,570 | €975 | -€595 | -37.9% |
| Current assets | 29/58 | €86,146 | €111,301 | +€25,155 | +29.2% |
| Amounts receivable after more than one year | 29 | €38,000 | €38,000 | = | 0.0% |
| Trade receivables | 290 | €38,000 | - | -€38,000 | |
| Other amounts receivable | 291 | - | €38,000 | +€38,000 | |
| Amounts receivable within one year | 40/41 | €47,657 | €73,236 | +€25,578 | +53.7% |
| Trade receivables | 40 | €45,608 | €69,853 | +€24,245 | +53.2% |
| Other amounts receivable | 41 | €2,049 | €3,382 | +€1,333 | +65.1% |
| Cash at bank and in hand | 54/58 | €0 | €65 | +€65 | +14,344% |
| Deferred charges and accrued income | 490/1 | €488 | - | -€488 | |
| Total equity and liabilities | 10/49 | €87,716 | €112,275 | +€24,560 | +28.0% |
| Equity | 10/15 | -€67,705 | -€65,213 | +€2,492 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €154,855 | €154,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €153,000 | €153,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€228,760 | -€226,268 | +€2,492 | +1.1% |
| Amounts payable | 17/49 | €155,421 | €177,489 | +€22,068 | +14.2% |
| Amounts payable within one year | 42/48 | €155,421 | €177,489 | +€22,068 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €19,153 | - | -€19,153 | |
| Trade debts | 44 | €4,018 | €5,269 | +€1,251 | +31.1% |
| Suppliers | 440/4 | €4,018 | €5,269 | +€1,251 | +31.1% |
| Taxes, remuneration and social security | 45 | €659 | - | -€659 | |
| Taxes | 450/3 | €659 | - | -€659 | |
| Other amounts payable | 47/48 | €131,590 | €172,219 | +€40,629 | +30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,249 | €595 | -€654 | -52.3% |
| Other operating charges | 640/8 | - | €1,232 | +€1,232 | |
| Gross operating margin | 9900 | -€24,572 | €9,445 | +€34,017 | |
| Operating profit (loss) | 9901 | -€25,821 | €7,617 | +€33,438 | |
| Financial income | 75/76B | €7,923 | €0 | -€7,923 | -100.0% |
| Recurring financial income | 75 | €7,923 | €0 | -€7,923 | -100.0% |
| Non-recurring financial income | 76B | €7,923 | - | -€7,923 | |
| Financial charges | 65/66B | €1,348 | €5,125 | +€3,777 | +280% |
| Recurring financial charges | 65 | €1,166 | €5,125 | +€3,960 | +340% |
| Non-recurring financial charges | 66B | €182 | - | -€182 | |
| Profit (loss) for the period before taxes | 9903 | -€19,246 | €2,492 | +€21,738 | |
| Profit (loss) for the period | 9904 | -€19,246 | €2,492 | +€21,738 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,246 | €2,492 | +€21,738 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.