Palms - Jans: 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.
What changed
Palms - Jans
NACE 47.512, Retail sale of household textiles and bedding
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,124
2024 · -€11,232+€10,108
Equity
€680,280
2024 · €681,404-€1,124
Cash
€3,600
2024 · €3,592+€8
Balance sheet total
€1.3m
2024 · €1.4m-€42,470
Largest movements
Assets
- Tangible fixed assets -€42,574
down €42,574 (-3.4%), from €1.3m to €1.2m
Equity and liabilities
- Debts after one year -€38,812
down €38,812 (-17.9%), from €216,756 to €177,944
Income statement
- Staff costs -€45,350
down €45,350 (-28.9%), from €157,083 to €111,734
- Gross operating margin -€34,758
down €34,758 (-16.3%), from €213,711 to €178,953
- Taxes +€3,520
up €3,520 (+711.7%), from €495 to €4,015
- Financial charges -€3,217
down €3,217 (-15.7%), from €20,527 to €17,310
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.
Result 2024
-€11,232
Gross operating margin
-€34,758
Staff costs
+€45,350
Depreciation
-€62
Other operating charges
-€132
Financial income
+€13
Financial charges
+€3,217
Taxes
-€3,520
Result 2025
-€1,124
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.
From operations
+€37,299
Investment
€0
Financing
-€37,291
Cash 2024
€3,592
From operations (derived)
+€37,299
Net result for the year
-€1,124
Depreciation
+€42,574
Receivables within one year
+€22
Deferred charges and accrued income
-€119
Provisions
-€3,297
Trade debts
+€6,491
Tax, wage and social debts
-€12,272
Other debts
+€4,846
Accrued charges and deferred income
+€177
Financing
-€37,291
Debts after one year
-€38,812
Current portion of long-term debt
+€1,521
Cash 2025
€3,600
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,365,833 | €1,323,363 | -€42,470 | -3.1% |
| Fixed assets | 21/28 | €1,337,285 | €1,294,711 | -€42,574 | -3.2% |
| Tangible fixed assets | 22/27 | €1,255,956 | €1,213,382 | -€42,574 | -3.4% |
| Land and buildings | 22 | €1,255,956 | €1,213,382 | -€42,574 | -3.4% |
| Financial fixed assets | 28 | €81,329 | €81,329 | = | 0.0% |
| Current assets | 29/58 | €28,548 | €28,652 | +€105 | +0.4% |
| Amounts receivable within one year | 40/41 | €23,766 | €23,744 | -€22 | -0.1% |
| Trade receivables | 40 | €3,252 | €3,230 | -€22 | -0.7% |
| Other amounts receivable | 41 | €20,514 | €20,514 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,592 | €3,600 | +€8 | +0.2% |
| Deferred charges and accrued income | 490/1 | €1,190 | €1,308 | +€119 | +10.0% |
| Total equity and liabilities | 10/49 | €1,365,833 | €1,323,363 | -€42,470 | -3.1% |
| Equity | 10/15 | €681,404 | €680,280 | -€1,124 | -0.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €676,516 | €666,625 | -€9,890 | -1.5% |
| Tax-exempt reserves | 132 | €207,748 | €197,858 | -€9,890 | -4.8% |
| Distributable reserves | 133 | €468,768 | €468,768 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,112 | -€6,345 | +€8,767 | +58.0% |
| Provisions and deferred taxes | 16 | €112,183 | €108,886 | -€3,297 | -2.9% |
| Deferred taxes | 168 | €112,183 | €108,886 | -€3,297 | -2.9% |
| Amounts payable | 17/49 | €572,246 | €534,197 | -€38,049 | -6.6% |
| Amounts payable after more than one year | 17 | €216,756 | €177,944 | -€38,812 | -17.9% |
| Financial debts | 170/4 | €216,756 | €177,944 | -€38,812 | -17.9% |
| Amounts payable within one year | 42/48 | €346,990 | €347,575 | +€585 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €37,291 | €38,812 | +€1,521 | +4.1% |
| Trade debts | 44 | €2,063 | €8,554 | +€6,491 | +314.7% |
| Suppliers | 440/4 | €2,063 | €8,554 | +€6,491 | +314.7% |
| Taxes, remuneration and social security | 45 | €40,141 | €27,869 | -€12,272 | -30.6% |
| Taxes | 450/3 | €10,912 | €10,093 | -€819 | -7.5% |
| Remuneration and social security | 454/9 | €29,229 | €17,776 | -€11,453 | -39.2% |
| Other amounts payable | 47/48 | €267,495 | €272,341 | +€4,846 | +1.8% |
| Accrued charges and deferred income | 492/3 | €8,500 | €8,677 | +€177 | +2.1% |
| Remuneration, social security and pensions | 62 | €157,083 | €111,734 | -€45,350 | -28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,512 | €42,574 | +€62 | +0.1% |
| Other operating charges | 640/8 | €7,623 | €7,755 | +€132 | +1.7% |
| Gross operating margin | 9900 | €213,711 | €178,953 | -€34,758 | -16.3% |
| Operating profit (loss) | 9901 | €6,493 | €16,891 | +€10,398 | +160.1% |
| Financial income | 75/76B | €0 | €13 | +€13 | |
| Recurring financial income | 75 | €0 | €13 | +€13 | |
| Financial charges | 65/66B | €20,527 | €17,310 | -€3,217 | -15.7% |
| Recurring financial charges | 65 | €20,527 | €17,310 | -€3,217 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,034 | -€406 | +€13,628 | +97.1% |
| Transfer from deferred taxes | 780 | €3,297 | €3,297 | +€0 | 0.0% |
| Income taxes | 67/77 | €495 | €4,015 | +€3,520 | +711.7% |
| Profit (loss) for the period | 9904 | -€11,232 | -€1,124 | +€10,108 | +90.0% |
| Transfer from tax-exempt reserves | 789 | €9,890 | €9,890 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,342 | €8,767 | +€10,108 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.