PALMERS DECOR: 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.
PALMERS DECOR
Largest movements
- Tangible fixed assets -€13,660
down €13,660 (-23.2%), from €58,918 to €45,258
of which Furniture and vehicles: -€7,005
- Receivables within one year -€4,842
down €4,842 (-70.0%), from €6,914 to €2,072
of which Trade receivables: -€4,514
- Cash +€1,207
up €1,207 (+25.4%), from €4,754 to €5,961
mainly Depreciation (+€13,661) and Receivables within one year (+€4,842)
- Trade debts -€8,044
down €8,044 (-16.5%), from €48,775 to €40,731
- Advances received +€4,219
up €4,219 (+305%), from €1,382 to €5,601
- Other debts -€3,989
down €3,989 (-5.0%), from €79,719 to €75,730
- Profit (loss) carried forward -€3,695
down €3,695 (-3.0%), from -€123,935 to -€127,630
- Debts after one year -€3,238
down €3,238 (-11.7%), from €27,701 to €24,463
- Gross operating margin -€3,690
down €3,690 (-13.1%), from €28,125 to €24,435
- Write-downs +€3,260
new in 2025: €3,260
- Other operating charges -€3,147
down €3,147 (-79.9%), from €3,939 to €792
- Taxes -€893
down €893 (-83.6%), from €1,069 to €176
- Staff costs +€645
up €645 (+12.2%), from €5,289 to €5,934
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 | €92,367 | €74,944 | -€17,423 | -18.9% |
| Fixed assets | 21/28 | €59,038 | €45,378 | -€13,660 | -23.1% |
| Tangible fixed assets | 22/27 | €58,918 | €45,258 | -€13,660 | -23.2% |
| Land and buildings | 22 | €13,719 | €11,721 | -€1,998 | -14.6% |
| Plant, machinery and equipment | 23 | €33,343 | €28,686 | -€4,657 | -14.0% |
| Furniture and vehicles | 24 | €11,856 | €4,851 | -€7,005 | -59.1% |
| Financial fixed assets | 28 | €120 | €120 | -€0 | 0.0% |
| Current assets | 29/58 | €33,329 | €29,566 | -€3,763 | -11.3% |
| Stocks and contracts in progress | 3 | €21,463 | €21,373 | -€91 | -0.4% |
| Stocks | 30/36 | €21,463 | €21,373 | -€91 | -0.4% |
| Amounts receivable within one year | 40/41 | €6,914 | €2,072 | -€4,842 | -70.0% |
| Trade receivables | 40 | €5,660 | €1,146 | -€4,514 | -79.8% |
| Other amounts receivable | 41 | €1,254 | €927 | -€327 | -26.1% |
| Cash at bank and in hand | 54/58 | €4,754 | €5,961 | +€1,207 | +25.4% |
| Deferred charges and accrued income | 490/1 | €198 | €161 | -€37 | -18.8% |
| Total equity and liabilities | 10/49 | €92,367 | €74,944 | -€17,423 | -18.9% |
| Equity | 10/15 | -€72,731 | -€76,426 | -€3,695 | -5.1% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €32,612 | €32,612 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | +€0 | 0.0% |
| Distributable reserves | 133 | €30,753 | €30,753 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€123,935 | -€127,630 | -€3,695 | -3.0% |
| Amounts payable | 17/49 | €165,098 | €151,370 | -€13,728 | -8.3% |
| Amounts payable after more than one year | 17 | €27,701 | €24,463 | -€3,238 | -11.7% |
| Financial debts | 170/4 | €27,701 | €24,463 | -€3,238 | -11.7% |
| Amounts payable within one year | 42/48 | €137,397 | €126,907 | -€10,490 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €3,036 | €3,238 | +€202 | +6.6% |
| Trade debts | 44 | €48,775 | €40,731 | -€8,044 | -16.5% |
| Suppliers | 440/4 | €48,775 | €40,731 | -€8,044 | -16.5% |
| Advances received on contracts in progress | 46 | €1,382 | €5,601 | +€4,219 | +305% |
| Taxes, remuneration and social security | 45 | €4,485 | €1,607 | -€2,878 | -64.2% |
| Taxes | 450/3 | €4,000 | €1,523 | -€2,477 | -61.9% |
| Remuneration and social security | 454/9 | €485 | €84 | -€401 | -82.6% |
| Other amounts payable | 47/48 | €79,719 | €75,730 | -€3,989 | -5.0% |
| Remuneration, social security and pensions | 62 | €5,289 | €5,934 | +€645 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,881 | €13,661 | -€220 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,260 | +€3,260 | |
| Other operating charges | 640/8 | €3,939 | €792 | -€3,147 | -79.9% |
| Gross operating margin | 9900 | €28,125 | €24,435 | -€3,690 | -13.1% |
| Operating profit (loss) | 9901 | €5,016 | €788 | -€4,228 | -84.3% |
| Financial income | 75/76B | €204 | €257 | +€53 | +26.0% |
| Recurring financial income | 75 | €204 | €257 | +€53 | +26.0% |
| Financial charges | 65/66B | €4,467 | €4,566 | +€99 | +2.2% |
| Recurring financial charges | 65 | €4,467 | €4,566 | +€99 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €753 | -€3,520 | -€4,273 | |
| Income taxes | 67/77 | €1,069 | €176 | -€893 | -83.6% |
| Profit (loss) for the period | 9904 | -€316 | -€3,696 | -€3,380 | -1,070% |
| Profit (loss) for the period to be appropriated | 9905 | -€316 | -€3,696 | -€3,380 | -1,070% |
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 18 October 2026 via checked.be.