PALLEX: 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.
What changed
PALLEX
NACE 81.220, Other building cleaning and industrial cleaning
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3,491
2024 · -€3,853+€7,344
Equity
€44,032
2024 · €40,541+€3,491
Cash
€784
2024 · €2,335-€1,551
Balance sheet total
€324,476
2024 · €468,001-€143,525
Largest movements
Assets
- Receivables within one year -€201,684
down €201,684 (-44.5%), from €452,794 to €251,110
of which Trade receivables: -€152,426
- Receivables after one year +€64,292
new in 2025: €64,292
Equity and liabilities
- Trade debts -€162,092
down €162,092 (-39.7%), from €407,788 to €245,696
- Advances received +€14,849
new in 2025: €14,849
- Tax, wage and social debts +€7,955
up €7,955 (+166%), from €4,786 to €12,741
of which Remuneration and social security: +€8,075
Income statement
- Gross operating margin +€28,101
up €28,101 (+47.3%), from €59,373 to €87,474
- Write-downs +€23,441
new in 2025: €23,441
- Depreciation -€3,885
down €3,885 (-54.7%), from €7,098 to €3,213
- Other operating charges -€3,671
down €3,671 (-74.1%), from €4,955 to €1,284
- Taxes +€2,688
up €2,688 (+149%), from €1,799 to €4,487
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.
Result 2024
-€3,853
Gross operating margin
+€28,101
Staff costs
-€635
Depreciation
+€3,885
Write-downs
-€23,441
Other operating charges
+€3,671
Other operating items
-€137
Financial income
-€1,125
Financial charges
-€287
Taxes
-€2,688
Result 2025
€3,491
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€7,997
Investment
-€1,820
Financing
-€7,728
Cash 2024
€2,335
From operations (derived)
+€7,997
Net result for the year
+€3,491
Depreciation
+€3,213
Receivables after one year
-€64,292
Receivables within one year
+€201,684
Deferred charges and accrued income
+€3,189
Trade debts
-€162,092
Tax, wage and social debts
+€7,955
Advances received
+€14,849
Investment (derived)
-€1,820
Investment in fixed assets (net)
-€1,820
Financing
-€7,728
Debts after one year
-€3,797
Current portion of long-term debt
-€3,933
Short-term financial debts
+€2
Cash 2025
€784
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €468,001 | €324,476 | -€143,525 | -30.7% |
| Fixed assets | 21/28 | €8,411 | €7,018 | -€1,393 | -16.6% |
| Tangible fixed assets | 22/27 | €8,001 | €6,608 | -€1,393 | -17.4% |
| Plant, machinery and equipment | 23 | €1,149 | €522 | -€627 | -54.6% |
| Furniture and vehicles | 24 | - | €4,951 | +€4,951 | |
| Leasing and similar rights | 25 | €6,852 | €1,135 | -€5,717 | -83.4% |
| Financial fixed assets | 28 | €410 | €410 | = | 0.0% |
| Current assets | 29/58 | €459,590 | €317,458 | -€142,132 | -30.9% |
| Amounts receivable after more than one year | 29 | - | €64,292 | +€64,292 | |
| Other amounts receivable | 291 | - | €64,292 | +€64,292 | |
| Amounts receivable within one year | 40/41 | €452,794 | €251,110 | -€201,684 | -44.5% |
| Trade receivables | 40 | €378,499 | €226,073 | -€152,426 | -40.3% |
| Other amounts receivable | 41 | €74,295 | €25,037 | -€49,258 | -66.3% |
| Cash at bank and in hand | 54/58 | €2,335 | €784 | -€1,551 | -66.4% |
| Deferred charges and accrued income | 490/1 | €4,461 | €1,272 | -€3,189 | -71.5% |
| Total equity and liabilities | 10/49 | €468,001 | €324,476 | -€143,525 | -30.7% |
| Equity | 10/15 | €40,541 | €44,032 | +€3,491 | +8.6% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 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% |
| Profit (loss) carried forward | 14 | €22,486 | €25,977 | +€3,491 | +15.5% |
| Amounts payable | 17/49 | €427,460 | €280,444 | -€147,016 | -34.4% |
| Amounts payable after more than one year | 17 | €5,256 | €1,459 | -€3,797 | -72.2% |
| Financial debts | 170/4 | €5,256 | €1,459 | -€3,797 | -72.2% |
| Amounts payable within one year | 42/48 | €422,204 | €278,985 | -€143,219 | -33.9% |
| Current portion of amounts payable after more than one year | 42 | €4,632 | €699 | -€3,933 | -84.9% |
| Financial debts | 43 | €4,998 | €5,000 | +€2 | 0.0% |
| Credit institutions | 430/8 | €4,998 | €5,000 | +€2 | 0.0% |
| Trade debts | 44 | €407,788 | €245,696 | -€162,092 | -39.7% |
| Suppliers | 440/4 | €407,788 | €245,696 | -€162,092 | -39.7% |
| Advances received on contracts in progress | 46 | - | €14,849 | +€14,849 | |
| Taxes, remuneration and social security | 45 | €4,786 | €12,741 | +€7,955 | +166% |
| Taxes | 450/3 | €4,312 | €4,192 | -€120 | -2.8% |
| Remuneration and social security | 454/9 | €474 | €8,549 | +€8,075 | +1,704% |
| Remuneration, social security and pensions | 62 | €49,234 | €49,869 | +€635 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,098 | €3,213 | -€3,885 | -54.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €23,441 | +€23,441 | |
| Other operating charges | 640/8 | €4,955 | €1,284 | -€3,671 | -74.1% |
| Non-recurring operating charges | 66A | - | €137 | +€137 | |
| Gross operating margin | 9900 | €59,373 | €87,474 | +€28,101 | +47.3% |
| Operating profit (loss) | 9901 | -€1,914 | €9,530 | +€11,444 | |
| Financial income | 75/76B | €1,146 | €21 | -€1,125 | -98.2% |
| Recurring financial income | 75 | €1,146 | €21 | -€1,125 | -98.2% |
| Financial charges | 65/66B | €1,286 | €1,573 | +€287 | +22.3% |
| Recurring financial charges | 65 | €1,286 | €1,573 | +€287 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,054 | €7,978 | +€10,032 | |
| Income taxes | 67/77 | €1,799 | €4,487 | +€2,688 | +149% |
| Profit (loss) for the period | 9904 | -€3,853 | €3,491 | +€7,344 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,853 | €3,491 | +€7,344 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.