PALMOLUX: 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.
PALMOLUX
Largest movements
- Cash -€6,458
down €6,458 (-13.1%), from €49,365 to €42,907
mainly Net result for the year (-€11,299) and Tax, wage and social debts (-€1,398)
- Receivables within one year -€3,947
down €3,947 (-20.0%), from €19,771 to €15,824
of which Trade receivables: -€4,938
- Stocks and contracts -€2,019
down €2,019 (-32.3%), from €6,244 to €4,225
- Profit (loss) carried forward -€11,299
down €11,299 (-266.7%), from -€4,236 to -€15,535
- Tax, wage and social debts -€1,398
down €1,398 (-64.4%), from €2,169 to €771
- Gross operating margin -€20,876
down €20,876, from €10,637 to -€10,239
- Taxes -€2,745
down €2,745, from €2,638 to -€108
- Financial charges -€111
down €111 (-39.6%), from €281 to €170
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 | €79,746 | €67,409 | -€12,337 | -15.5% |
| Fixed assets | 21/28 | €3,988 | €4,063 | +€75 | +1.9% |
| Tangible fixed assets | 22/27 | €2,523 | €2,598 | +€75 | +3.0% |
| Land and buildings | 22 | €1,127 | €987 | -€140 | -12.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,396 | €1,244 | -€151 | -10.9% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | - | €366 | +€366 | |
| Financial fixed assets | 28 | €1,465 | €1,465 | = | 0.0% |
| Current assets | 29/58 | €75,758 | €63,346 | -€12,412 | -16.4% |
| Stocks and contracts in progress | 3 | €6,244 | €4,225 | -€2,019 | -32.3% |
| Stocks | 30/36 | €6,244 | €4,225 | -€2,019 | -32.3% |
| Amounts receivable within one year | 40/41 | €19,771 | €15,824 | -€3,947 | -20.0% |
| Trade receivables | 40 | €19,702 | €14,763 | -€4,938 | -25.1% |
| Other amounts receivable | 41 | €69 | €1,060 | +€991 | +1429.4% |
| Cash at bank and in hand | 54/58 | €49,365 | €42,907 | -€6,458 | -13.1% |
| Deferred charges and accrued income | 490/1 | €378 | €391 | +€13 | +3.4% |
| Total equity and liabilities | 10/49 | €79,746 | €67,409 | -€12,337 | -15.5% |
| Equity | 10/15 | €76,976 | €65,678 | -€11,299 | -14.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €19,239 | €19,239 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,042 | €13,042 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,236 | -€15,535 | -€11,299 | -266.7% |
| Amounts payable | 17/49 | €2,770 | €1,732 | -€1,038 | -37.5% |
| Amounts payable within one year | 42/48 | €2,770 | €1,732 | -€1,038 | -37.5% |
| Trade debts | 44 | - | €360 | +€360 | |
| Suppliers | 440/4 | - | €360 | +€360 | |
| Taxes, remuneration and social security | 45 | €2,169 | €771 | -€1,398 | -64.4% |
| Taxes | 450/3 | €2,169 | €771 | -€1,398 | -64.4% |
| Other amounts payable | 47/48 | €601 | €601 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €807 | €869 | +€62 | +7.7% |
| Other operating charges | 640/8 | €77 | €150 | +€73 | +95.0% |
| Gross operating margin | 9900 | €10,637 | -€10,239 | -€20,876 | |
| Operating profit (loss) | 9901 | €9,752 | -€11,258 | -€21,011 | |
| Financial income | 75/76B | €20 | €22 | +€1 | +6.5% |
| Recurring financial income | 75 | €20 | €22 | +€1 | +6.5% |
| Financial charges | 65/66B | €281 | €170 | -€111 | -39.6% |
| Recurring financial charges | 65 | €281 | €170 | -€111 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €9,492 | -€11,406 | -€20,898 | |
| Income taxes | 67/77 | €2,638 | -€108 | -€2,745 | |
| Profit (loss) for the period | 9904 | €6,854 | -€11,299 | -€18,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,854 | -€11,299 | -€18,153 |
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 3 October 2026 via checked.be.