PALLIETER: 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.
PALLIETER
Largest movements
- Cash +€42,114
up €42,114 (+45.7%), from €92,251 to €134,365
mainly Net result for the year (+€171,937) and Other debts (+€131,388)
- Receivables within one year -€24,000
down €24,000 (-72.7%), from €33,000 to €9,000
- Tangible fixed assets -€4,753
down €4,753 (-4.6%), from €103,464 to €98,711
of which Furniture and vehicles: -€10,457
- Profit (loss) carried forward -€166,320
no longer reported in 2025 (was €166,320)
- Other debts +€131,388
up €131,388 (+289%), from €45,477 to €176,865
- Tax, wage and social debts +€45,942
up €45,942 (+202%), from €22,748 to €68,690
of which Taxes: +€33,548
- Trade debts +€3,090
up €3,090 (+68.2%), from €4,530 to €7,620
- Gross operating margin +€77,392
up €77,392 (+11.9%), from €652,542 to €729,933
- Staff costs +€70,248
up €70,248 (+17.9%), from €392,509 to €462,757
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 | €259,535 | €273,635 | +€14,100 | +5.4% |
| Fixed assets | 21/28 | €117,044 | €112,412 | -€4,632 | -4.0% |
| Tangible fixed assets | 22/27 | €103,464 | €98,711 | -€4,753 | -4.6% |
| Plant, machinery and equipment | 23 | €23,894 | €25,710 | +€1,817 | +7.6% |
| Furniture and vehicles | 24 | €69,589 | €59,132 | -€10,457 | -15.0% |
| Other tangible fixed assets | 26 | €9,982 | €13,869 | +€3,887 | +38.9% |
| Financial fixed assets | 28 | €13,580 | €13,702 | +€122 | +0.9% |
| Current assets | 29/58 | €142,490 | €161,222 | +€18,732 | +13.1% |
| Stocks and contracts in progress | 3 | €11,453 | €12,071 | +€618 | +5.4% |
| Stocks | 30/36 | €11,453 | €12,071 | +€618 | +5.4% |
| Amounts receivable within one year | 40/41 | €33,000 | €9,000 | -€24,000 | -72.7% |
| Other amounts receivable | 41 | €33,000 | €9,000 | -€24,000 | -72.7% |
| Cash at bank and in hand | 54/58 | €92,251 | €134,365 | +€42,114 | +45.7% |
| Deferred charges and accrued income | 490/1 | €5,787 | €5,787 | = | 0.0% |
| Total equity and liabilities | 10/49 | €259,535 | €273,635 | +€14,100 | +5.4% |
| Equity | 10/15 | €186,780 | €20,460 | -€166,320 | -89.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,320 | - | -€166,320 | |
| Amounts payable | 17/49 | €72,755 | €253,175 | +€180,420 | +248% |
| Amounts payable within one year | 42/48 | €72,755 | €253,175 | +€180,420 | +248% |
| Trade debts | 44 | €4,530 | €7,620 | +€3,090 | +68.2% |
| Suppliers | 440/4 | €4,530 | €7,620 | +€3,090 | +68.2% |
| Taxes, remuneration and social security | 45 | €22,748 | €68,690 | +€45,942 | +202% |
| Taxes | 450/3 | €6,777 | €40,324 | +€33,548 | +495% |
| Remuneration and social security | 454/9 | €15,971 | €28,366 | +€12,395 | +77.6% |
| Other amounts payable | 47/48 | €45,477 | €176,865 | +€131,388 | +289% |
| Remuneration, social security and pensions | 62 | €392,509 | €462,757 | +€70,248 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,824 | €41,154 | +€330 | +0.8% |
| Other operating charges | 640/8 | €2,644 | €2,707 | +€63 | +2.4% |
| Gross operating margin | 9900 | €652,542 | €729,933 | +€77,392 | +11.9% |
| Operating profit (loss) | 9901 | €216,565 | €223,315 | +€6,750 | +3.1% |
| Financial income | 75/76B | €85 | €174 | +€89 | +106% |
| Recurring financial income | 75 | €85 | €174 | +€89 | +106% |
| Financial charges | 65/66B | €2,713 | €2,247 | -€465 | -17.2% |
| Recurring financial charges | 65 | €2,713 | €2,247 | -€465 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €213,937 | €221,242 | +€7,305 | +3.4% |
| Income taxes | 67/77 | €47,877 | €49,304 | +€1,427 | +3.0% |
| Profit (loss) for the period | 9904 | €166,059 | €171,937 | +€5,878 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €166,059 | €171,937 | +€5,878 | +3.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.