Palomar: 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.
Palomar
Largest movements
- Cash -€1,243
down €1,243 (-10.1%), from €12,284 to €11,042
mainly Investment in fixed assets (net) (-€1,121) and Trade debts (-€960)
- Tangible fixed assets +€1,113
new in 2025: €1,113
- Trade debts -€960
down €960 (-11.6%), from €8,290 to €7,330
- Tax, wage and social debts +€558
up €558 (+77.2%), from €722 to €1,280
- Reserves +€273
up €273 (+17.9%), from €1,522 to €1,795
- Turnover +€8,981
new in 2025: €8,981
- Purchases and services +€8,404
new in 2025: €8,404
- Gross operating margin -€1,718
down €1,718 (-73.0%), from €2,352 to €634
- Taxes -€432
down €432 (-63.5%), from €680 to €248
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 | €12,284 | €12,155 | -€129 | -1.1% |
| Fixed assets | 21/28 | - | €1,113 | +€1,113 | |
| Tangible fixed assets | 22/27 | - | €1,113 | +€1,113 | |
| Furniture and vehicles | 24 | - | €1,113 | +€1,113 | |
| Current assets | 29/58 | €12,284 | €11,042 | -€1,243 | -10.1% |
| Cash at bank and in hand | 54/58 | €12,284 | €11,042 | -€1,243 | -10.1% |
| Total equity and liabilities | 10/49 | €12,284 | €12,155 | -€129 | -1.1% |
| Equity | 10/15 | €2,522 | €2,795 | +€273 | +10.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €1,522 | €1,795 | +€273 | +17.9% |
| Distributable reserves | 133 | €1,522 | €1,795 | +€273 | +17.9% |
| Amounts payable | 17/49 | €9,762 | €9,360 | -€402 | -4.1% |
| Amounts payable within one year | 42/48 | €9,762 | €9,360 | -€402 | -4.1% |
| Trade debts | 44 | €8,290 | €7,330 | -€960 | -11.6% |
| Suppliers | 440/4 | €8,290 | €7,330 | -€960 | -11.6% |
| Taxes, remuneration and social security | 45 | €722 | €1,280 | +€558 | +77.2% |
| Taxes | 450/3 | €722 | €1,280 | +€558 | +77.2% |
| Other amounts payable | 47/48 | €750 | €750 | = | 0.0% |
| Turnover | 70 | - | €8,981 | +€8,981 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €8,404 | +€8,404 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8 | +€8 | |
| Other operating charges | 640/8 | €50 | €57 | +€7 | +13.7% |
| Gross operating margin | 9900 | €2,352 | €634 | -€1,718 | -73.0% |
| Operating profit (loss) | 9901 | €2,302 | €569 | -€1,733 | -75.3% |
| Financial charges | 65/66B | €100 | €48 | -€52 | -52.0% |
| Recurring financial charges | 65 | €100 | €48 | -€52 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €2,202 | €521 | -€1,681 | -76.3% |
| Income taxes | 67/77 | €680 | €248 | -€432 | -63.5% |
| Profit (loss) for the period | 9904 | €1,522 | €273 | -€1,249 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,522 | €273 | -€1,249 | -82.1% |
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 12 October 2026 via checked.be.