PALM CONSULTING SERVICES: 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.
PALM CONSULTING SERVICES
Largest movements
- Current investments -€120,000
no longer reported in 2025 (was €120,000)
- Cash -€14,580
down €14,580 (-35.3%), from €41,342 to €26,762
mainly Contributions, distributions and other (-€93,561) and Tax, wage and social debts (-€32,579)
- Receivables within one year -€12,344
down €12,344 (-92.7%), from €13,322 to €978
of which Trade receivables: -€12,524
- Tangible fixed assets -€11,648
down €11,648 (-26.8%), from €43,489 to €31,841
of which Furniture and vehicles: -€11,402
- Profit (loss) carried forward -€125,379
down €125,379 (-68.0%), from €184,310 to €58,930
- Tax, wage and social debts -€32,579
no longer reported in 2025 (was €32,579)
- Gross operating margin -€146,413
down €146,413, from €125,833 to -€20,580
- Taxes -€23,987
down €23,987 (-100.0%), from €23,987 to €0
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 | €218,889 | €60,430 | -€158,459 | -72.4% |
| Fixed assets | 21/28 | €43,489 | €31,841 | -€11,648 | -26.8% |
| Tangible fixed assets | 22/27 | €43,489 | €31,841 | -€11,648 | -26.8% |
| Plant, machinery and equipment | 23 | €2,166 | €1,920 | -€246 | -11.3% |
| Furniture and vehicles | 24 | €41,323 | €29,921 | -€11,402 | -27.6% |
| Current assets | 29/58 | €175,400 | €28,589 | -€146,811 | -83.7% |
| Amounts receivable within one year | 40/41 | €13,322 | €978 | -€12,344 | -92.7% |
| Trade receivables | 40 | €12,524 | - | -€12,524 | |
| Other amounts receivable | 41 | €798 | €978 | +€180 | +22.5% |
| Current investments | 50/53 | €120,000 | - | -€120,000 | |
| Cash at bank and in hand | 54/58 | €41,342 | €26,762 | -€14,580 | -35.3% |
| Deferred charges and accrued income | 490/1 | €736 | €849 | +€113 | +15.3% |
| Total equity and liabilities | 10/49 | €218,889 | €60,430 | -€158,459 | -72.4% |
| Equity | 10/15 | €185,310 | €59,930 | -€125,379 | -67.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184,310 | €58,930 | -€125,379 | -68.0% |
| Amounts payable | 17/49 | €33,579 | €500 | -€33,079 | -98.5% |
| Amounts payable within one year | 42/48 | €33,579 | €500 | -€33,079 | -98.5% |
| Trade debts | 44 | €1,000 | €500 | -€500 | -50.0% |
| Suppliers | 440/4 | €1,000 | €500 | -€500 | -50.0% |
| Taxes, remuneration and social security | 45 | €32,579 | - | -€32,579 | |
| Taxes | 450/3 | €32,579 | - | -€32,579 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,640 | €11,648 | +€7 | +0.1% |
| Other operating charges | 640/8 | €511 | €308 | -€203 | -39.7% |
| Gross operating margin | 9900 | €125,833 | -€20,580 | -€146,413 | |
| Operating profit (loss) | 9901 | €113,681 | -€32,536 | -€146,217 | |
| Financial income | 75/76B | €1,149 | €895 | -€254 | -22.1% |
| Recurring financial income | 75 | €1,149 | €895 | -€254 | -22.1% |
| Financial charges | 65/66B | €95 | €178 | +€83 | +88.3% |
| Recurring financial charges | 65 | €95 | €178 | +€83 | +88.3% |
| Profit (loss) for the period before taxes | 9903 | €114,736 | -€31,819 | -€146,554 | |
| Income taxes | 67/77 | €23,987 | €0 | -€23,987 | -100.0% |
| Profit (loss) for the period | 9904 | €90,749 | -€31,819 | -€122,567 | |
| Profit (loss) for the period to be appropriated | 9905 | €90,749 | -€31,819 | -€122,567 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.