PALMERS BUILDING CONTROL SYSTEMS: what changed
What changed
PALMERS BUILDING CONTROL SYSTEMS
NACE 46.646, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€297,187
2024 · €170,745+€126,442
Equity
€858,895
2024 · €623,345+€235,551
Cash
€479,890
2024 · €324,454+€155,436
Balance sheet total
€1.1m
2024 · €933,980+€146,469
Largest movements
Assets
- Cash +€155,436
up €155,436 (+47.9%), from €324,454 to €479,890
mainly Net result for the year (+€297,187) and Depreciation (+€21,836)
- Stocks and contracts -€21,564
down €21,564 (-29.7%), from €72,678 to €51,114
- Tangible fixed assets +€18,151
up €18,151 (+10.3%), from €176,249 to €194,400
of which Furniture and vehicles: +€26,927
Equity and liabilities
- Reserves +€235,551
up €235,551 (+37.8%), from €623,345 to €858,895
of which Distributable reserves: +€235,551
- Trade debts -€54,985
down €54,985 (-32.7%), from €168,119 to €113,134
- Other debts -€43,620
down €43,620 (-85.2%), from €51,185 to €7,565
Income statement
- Gross operating margin +€184,826
up €184,826 (+46.1%), from €400,651 to €585,477
- Taxes +€56,366
up €56,366 (+69.0%), from €81,714 to €138,080
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.
Result 2024
€170,745
Gross operating margin
+€184,826
Staff costs
-€2,318
Depreciation
-€3,519
Other operating charges
+€2,382
Financial income
+€1,387
Financial charges
+€49
Taxes
-€56,366
Result 2025
€297,187
raises the resultlowers the result
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.
From operations
+€257,059
Investment
-€39,987
Financing
-€61,636
Cash 2024
€324,454
From operations (derived)
+€257,059
Net result for the year
+€297,187
Depreciation
+€21,836
Stocks and contracts
+€21,564
Receivables within one year
+€7,918
Deferred charges and accrued income
-€2,365
Trade debts
-€54,985
Tax, wage and social debts
+€6,567
Advances received
+€2,957
Other debts
-€43,620
Investment (derived)
-€39,987
Investment in fixed assets (net)
-€39,987
Financing
-€61,636
Contributions, distributions and other
-€61,636
Cash 2025
€479,890
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €933,980 | €1,080,449 | +€146,469 | +15.7% |
| Fixed assets | 21/28 | €176,249 | €194,400 | +€18,151 | +10.3% |
| Tangible fixed assets | 22/27 | €176,249 | €194,400 | +€18,151 | +10.3% |
| Land and buildings | 22 | €133,836 | €125,060 | -€8,776 | -6.6% |
| Furniture and vehicles | 24 | €42,413 | €69,340 | +€26,927 | +63.5% |
| Current assets | 29/58 | €757,731 | €886,049 | +€128,318 | +16.9% |
| Stocks and contracts in progress | 3 | €72,678 | €51,114 | -€21,564 | -29.7% |
| Stocks | 30/36 | €72,678 | €51,114 | -€21,564 | -29.7% |
| Amounts receivable within one year | 40/41 | €354,025 | €346,107 | -€7,918 | -2.2% |
| Trade receivables | 40 | €321,015 | €326,957 | +€5,942 | +1.9% |
| Other amounts receivable | 41 | €33,010 | €19,150 | -€13,861 | -42.0% |
| Cash at bank and in hand | 54/58 | €324,454 | €479,890 | +€155,436 | +47.9% |
| Deferred charges and accrued income | 490/1 | €6,574 | €8,938 | +€2,365 | +36.0% |
| Total equity and liabilities | 10/49 | €933,980 | €1,080,449 | +€146,469 | +15.7% |
| Equity | 10/15 | €623,345 | €858,895 | +€235,551 | +37.8% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €623,345 | €858,895 | +€235,551 | +37.8% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €604,595 | €840,145 | +€235,551 | +39.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €310,635 | €221,554 | -€89,082 | -28.7% |
| Amounts payable within one year | 42/48 | €310,635 | €221,554 | -€89,082 | -28.7% |
| Trade debts | 44 | €168,119 | €113,134 | -€54,985 | -32.7% |
| Suppliers | 440/4 | €168,119 | €113,134 | -€54,985 | -32.7% |
| Advances received on contracts in progress | 46 | - | €2,957 | +€2,957 | |
| Taxes, remuneration and social security | 45 | €91,331 | €97,898 | +€6,567 | +7.2% |
| Taxes | 450/3 | €61,380 | €67,630 | +€6,250 | +10.2% |
| Remuneration and social security | 454/9 | €29,952 | €30,268 | +€316 | +1.1% |
| Other amounts payable | 47/48 | €51,185 | €7,565 | -€43,620 | -85.2% |
| Remuneration, social security and pensions | 62 | €120,745 | €123,064 | +€2,318 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,317 | €21,836 | +€3,519 | +19.2% |
| Other operating charges | 640/8 | €5,567 | €3,185 | -€2,382 | -42.8% |
| Gross operating margin | 9900 | €400,651 | €585,477 | +€184,826 | +46.1% |
| Operating profit (loss) | 9901 | €256,022 | €437,393 | +€181,371 | +70.8% |
| Financial income | 75/76B | €216 | €1,604 | +€1,387 | +641% |
| Recurring financial income | 75 | €216 | €1,604 | +€1,387 | +641% |
| Financial charges | 65/66B | €3,779 | €3,730 | -€49 | -1.3% |
| Recurring financial charges | 65 | €3,779 | €3,730 | -€49 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €252,459 | €435,267 | +€182,808 | +72.4% |
| Income taxes | 67/77 | €81,714 | €138,080 | +€56,366 | +69.0% |
| Profit (loss) for the period | 9904 | €170,745 | €297,187 | +€126,442 | +74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €170,745 | €297,187 | +€126,442 | +74.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.