Palm Technology Services: what changed
Two fiscal 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 Technology Services
Largest movements
- Cash -€73,125
down €73,125 (-48.4%), from €150,934 to €77,809
mainly Contributions, distributions and other (-€128,172) and Tax, wage and social debts (-€31,179)
- Receivables within one year -€9,705
down €9,705 (-22.5%), from €43,059 to €33,354
of which Trade receivables: -€14,273
- Reserves -€53,902
down €53,902 (-40.8%), from €131,955 to €78,053
- Tax, wage and social debts -€31,179
down €31,179 (-56.0%), from €55,706 to €24,528
of which Taxes: -€22,585
- Other debts -€6,824
no longer reported in 2025 (was €6,824)
- Trade debts +€5,832
up €5,832 (+417.2%), from €1,398 to €7,230
- Contributions +€2,500
new in 2025: €2,500
- Staff costs -€13,412
down €13,412 (-10.6%), from €126,003 to €112,591
- Taxes -€4,944
down €4,944 (-19.8%), from €24,997 to €20,053
- Gross operating margin -€4,522
down €4,522 (-2.1%), from €214,587 to €210,065
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 | €195,883 | €112,310 | -€83,573 | -42.7% |
| Fixed assets | 21/28 | €1,496 | €778 | -€718 | -48.0% |
| Tangible fixed assets | 22/27 | €1,496 | €778 | -€718 | -48.0% |
| Furniture and vehicles | 24 | €1,496 | €778 | -€718 | -48.0% |
| Current assets | 29/58 | €194,387 | €111,532 | -€82,855 | -42.6% |
| Amounts receivable within one year | 40/41 | €43,059 | €33,354 | -€9,705 | -22.5% |
| Trade receivables | 40 | €43,059 | €28,786 | -€14,273 | -33.1% |
| Other amounts receivable | 41 | - | €4,567 | +€4,567 | |
| Cash at bank and in hand | 54/58 | €150,934 | €77,809 | -€73,125 | -48.4% |
| Deferred charges and accrued income | 490/1 | €394 | €369 | -€25 | -6.4% |
| Total equity and liabilities | 10/49 | €195,883 | €112,310 | -€83,573 | -42.7% |
| Equity | 10/15 | €131,955 | €80,553 | -€51,402 | -39.0% |
| Contributions | 10/11 | - | €2,500 | +€2,500 | |
| Reserves | 13 | €131,955 | €78,053 | -€53,902 | -40.8% |
| Distributable reserves | 133 | €131,955 | €78,053 | -€53,902 | -40.8% |
| Amounts payable | 17/49 | €63,928 | €31,758 | -€32,170 | -50.3% |
| Amounts payable within one year | 42/48 | €63,928 | €31,758 | -€32,170 | -50.3% |
| Trade debts | 44 | €1,398 | €7,230 | +€5,832 | +417.2% |
| Suppliers | 440/4 | €1,398 | €7,230 | +€5,832 | +417.2% |
| Taxes, remuneration and social security | 45 | €55,706 | €24,528 | -€31,179 | -56.0% |
| Taxes | 450/3 | €39,545 | €16,960 | -€22,585 | -57.1% |
| Remuneration and social security | 454/9 | €16,161 | €7,568 | -€8,593 | -53.2% |
| Other amounts payable | 47/48 | €6,824 | - | -€6,824 | |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €126,003 | €112,591 | -€13,412 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €717 | €717 | +€0 | 0.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €214,587 | €210,065 | -€4,522 | -2.1% |
| Operating profit (loss) | 9901 | €87,867 | €96,357 | +€8,490 | +9.7% |
| Financial income | 75/76B | - | €511 | +€511 | |
| Recurring financial income | 75 | - | €511 | +€511 | |
| Financial charges | 65/66B | €991 | €45 | -€946 | -95.5% |
| Recurring financial charges | 65 | €991 | €45 | -€946 | -95.5% |
| Profit (loss) for the period before taxes | 9903 | €86,876 | €96,823 | +€9,947 | +11.5% |
| Income taxes | 67/77 | €24,997 | €20,053 | -€4,944 | -19.8% |
| Profit (loss) for the period | 9904 | €61,879 | €76,770 | +€14,891 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €61,879 | €76,770 | +€14,891 | +24.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.