Pallia’Cœur: what changed
Pallia’Cœur
Largest movements
- Deferred charges and accrued income -€34,184
down €34,184 (-78.9%), from €43,318 to €9,134
- Cash +€21,311
up €21,311 (+98.0%), from €21,740 to €43,051
mainly Deferred charges and accrued income (+€34,184) and Net result for the year (+€1,478)
- Receivables within one year +€5,040
up €5,040 (+114%), from €4,416 to €9,456
- Other debts -€8,307
down €8,307 (-33.0%), from €25,156 to €16,849
- Tax, wage and social debts -€2,806
down €2,806 (-38.0%), from €7,375 to €4,569
of which Taxes: -€2,806
- Reserves +€1,478
up €1,478 (+31.5%), from €4,691 to €6,169
- Trade debts +€1,368
up €1,368 (+808%), from €169 to €1,538
- Gross operating margin -€23,871
down €23,871 (-74.4%), from €32,103 to €8,232
- Taxes -€3,761
down €3,761 (-60.6%), from €6,205 to €2,444
- Other operating charges -€1,550
down €1,550 (-48.4%), from €3,202 to €1,652
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,094 | €61,827 | -€8,267 | -11.8% |
| Fixed assets | 21/28 | €620 | €187 | -€433 | -69.8% |
| Tangible fixed assets | 22/27 | €620 | €187 | -€433 | -69.8% |
| Furniture and vehicles | 24 | €620 | €187 | -€433 | -69.8% |
| Current assets | 29/58 | €69,474 | €61,640 | -€7,834 | -11.3% |
| Amounts receivable within one year | 40/41 | €4,416 | €9,456 | +€5,040 | +114% |
| Other amounts receivable | 41 | €4,416 | €9,456 | +€5,040 | +114% |
| Cash at bank and in hand | 54/58 | €21,740 | €43,051 | +€21,311 | +98.0% |
| Deferred charges and accrued income | 490/1 | €43,318 | €9,134 | -€34,184 | -78.9% |
| Total equity and liabilities | 10/49 | €70,094 | €61,827 | -€8,267 | -11.8% |
| Equity | 10/15 | €37,394 | €38,872 | +€1,478 | +4.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €4,691 | €6,169 | +€1,478 | +31.5% |
| Distributable reserves | 133 | €4,691 | €6,169 | +€1,478 | +31.5% |
| Profit (loss) carried forward | 14 | €14,153 | €14,153 | = | 0.0% |
| Amounts payable | 17/49 | €32,701 | €22,956 | -€9,745 | -29.8% |
| Amounts payable within one year | 42/48 | €32,701 | €22,956 | -€9,745 | -29.8% |
| Trade debts | 44 | €169 | €1,538 | +€1,368 | +808% |
| Suppliers | 440/4 | €169 | €1,538 | +€1,368 | +808% |
| Taxes, remuneration and social security | 45 | €7,375 | €4,569 | -€2,806 | -38.0% |
| Taxes | 450/3 | €4,875 | €2,069 | -€2,806 | -57.6% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €25,156 | €16,849 | -€8,307 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270 | €86 | -€185 | -68.3% |
| Other operating charges | 640/8 | €3,202 | €1,652 | -€1,550 | -48.4% |
| Gross operating margin | 9900 | €32,103 | €8,232 | -€23,871 | -74.4% |
| Operating profit (loss) | 9901 | €28,631 | €6,495 | -€22,136 | -77.3% |
| Financial charges | 65/66B | €2,401 | €2,572 | +€172 | +7.1% |
| Recurring financial charges | 65 | €2,401 | €2,572 | +€172 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €26,230 | €3,922 | -€22,308 | -85.0% |
| Income taxes | 67/77 | €6,205 | €2,444 | -€3,761 | -60.6% |
| Profit (loss) for the period | 9904 | €20,025 | €1,478 | -€18,546 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,025 | €1,478 | -€18,546 | -92.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.