Pallite: 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.
Pallite
Largest movements
- Receivables within one year +€314,025
up €314,025 (+592.5%), from €53,000 to €367,025
of which Trade receivables: +€311,804
- Stocks and contracts +€102,098
up €102,098 (+201.8%), from €50,592 to €152,690
- Cash -€37,445
down €37,445 (-19.4%), from €193,480 to €156,036
mainly Debts after one year (-€461,969) and Receivables within one year (-€314,025)
- Tangible fixed assets -€20,537
down €20,537 (-7.5%), from €275,312 to €254,775
of which Plant, machinery and equipment: -€26,004
- Deferred charges and accrued income -€17,877
down €17,877 (-33.4%), from €53,450 to €35,573
- Trade debts +€723,639
up €723,639 (+239.7%), from €301,910 to €1.0m
- Debts after one year -€461,969
down €461,969 (-53.6%), from €861,969 to €400,000
- Profit (loss) carried forward +€60,532
up €60,532 (+10.0%), from -€607,957 to -€547,425
- Tax, wage and social debts +€21,888
new in 2025: €21,888
of which Remuneration and social security: +€18,614
- Gross operating margin +€733,784
up €733,784, from -€562,888 to €170,896
- Staff costs +€78,625
new in 2025: €78,625
- Financial charges -€23,762
down €23,762 (-92.0%), from €25,821 to €2,059
- Depreciation +€10,486
up €10,486 (+54.8%), from €19,131 to €29,617
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 | €625,835 | €966,099 | +€340,264 | +54.4% |
| Fixed assets | 21/28 | €275,312 | €254,775 | -€20,537 | -7.5% |
| Tangible fixed assets | 22/27 | €275,312 | €254,775 | -€20,537 | -7.5% |
| Plant, machinery and equipment | 23 | €242,702 | €216,698 | -€26,004 | -10.7% |
| Other tangible fixed assets | 26 | €32,611 | €38,078 | +€5,467 | +16.8% |
| Current assets | 29/58 | €350,522 | €711,323 | +€360,801 | +102.9% |
| Stocks and contracts in progress | 3 | €50,592 | €152,690 | +€102,098 | +201.8% |
| Stocks | 30/36 | €50,592 | €152,690 | +€102,098 | +201.8% |
| Amounts receivable within one year | 40/41 | €53,000 | €367,025 | +€314,025 | +592.5% |
| Trade receivables | 40 | €39,198 | €351,002 | +€311,804 | +795.5% |
| Other amounts receivable | 41 | €13,803 | €16,023 | +€2,220 | +16.1% |
| Cash at bank and in hand | 54/58 | €193,480 | €156,036 | -€37,445 | -19.4% |
| Deferred charges and accrued income | 490/1 | €53,450 | €35,573 | -€17,877 | -33.4% |
| Total equity and liabilities | 10/49 | €625,835 | €966,099 | +€340,264 | +54.4% |
| Equity | 10/15 | -€582,957 | -€522,425 | +€60,532 | +10.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€607,957 | -€547,425 | +€60,532 | +10.0% |
| Amounts payable | 17/49 | €1,208,792 | €1,488,524 | +€279,732 | +23.1% |
| Amounts payable after more than one year | 17 | €861,969 | €400,000 | -€461,969 | -53.6% |
| Financial debts | 170/4 | €861,969 | €400,000 | -€461,969 | -53.6% |
| Amounts payable within one year | 42/48 | €301,910 | €1,047,438 | +€745,527 | +246.9% |
| Trade debts | 44 | €301,910 | €1,025,549 | +€723,639 | +239.7% |
| Suppliers | 440/4 | €301,910 | €1,025,549 | +€723,639 | +239.7% |
| Taxes, remuneration and social security | 45 | - | €21,888 | +€21,888 | |
| Taxes | 450/3 | - | €3,274 | +€3,274 | |
| Remuneration and social security | 454/9 | - | €18,614 | +€18,614 | |
| Accrued charges and deferred income | 492/3 | €44,912 | €41,086 | -€3,826 | -8.5% |
| Remuneration, social security and pensions | 62 | - | €78,625 | +€78,625 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,131 | €29,617 | +€10,486 | +54.8% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€562,888 | €170,896 | +€733,784 | |
| Operating profit (loss) | 9901 | -€582,137 | €62,534 | +€644,671 | |
| Financial income | 75/76B | - | €57 | +€57 | |
| Recurring financial income | 75 | - | €57 | +€57 | |
| Financial charges | 65/66B | €25,821 | €2,059 | -€23,762 | -92.0% |
| Recurring financial charges | 65 | €25,821 | €2,059 | -€23,762 | -92.0% |
| Profit (loss) for the period before taxes | 9903 | -€607,957 | €60,532 | +€668,489 | |
| Profit (loss) for the period | 9904 | -€607,957 | €60,532 | +€668,489 | |
| Profit (loss) for the period to be appropriated | 9905 | -€607,957 | €60,532 | +€668,489 |
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 10 October 2026 via checked.be.