PALTI: 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.
PALTI
Largest movements
- Receivables within one year +€100,000
up €100,000 (+688.7%), from €14,520 to €114,520
of which Other amounts receivable: +€100,000
- Cash -€36,745
down €36,745 (-50.1%), from €73,323 to €36,578
mainly Receivables within one year (-€100,000) and Deferred charges and accrued income (-€3,391)
- Deferred charges and accrued income +€3,391
new in 2024: €3,391
- Tangible fixed assets -€1,785
down €1,785 (-22.7%), from €7,870 to €6,086
of which Furniture and vehicles: -€1,249
- Profit (loss) carried forward +€68,151
up €68,151 (+105.7%), from €64,458 to €132,608
- Other debts -€1,783
down €1,783 (-98.6%), from €1,809 to €25
- Gross operating margin +€14,018
up €14,018 (+20.6%), from €68,077 to €82,096
- Financial income +€3,391
new in 2024: €3,391
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,713 | €160,575 | +€64,861 | +67.8% |
| Fixed assets | 21/28 | €7,870 | €6,086 | -€1,785 | -22.7% |
| Tangible fixed assets | 22/27 | €7,870 | €6,086 | -€1,785 | -22.7% |
| Furniture and vehicles | 24 | €5,560 | €4,311 | -€1,249 | -22.5% |
| Other tangible fixed assets | 26 | €2,310 | €1,775 | -€536 | -23.2% |
| Current assets | 29/58 | €87,843 | €154,489 | +€66,646 | +75.9% |
| Amounts receivable within one year | 40/41 | €14,520 | €114,520 | +€100,000 | +688.7% |
| Trade receivables | 40 | €14,520 | €14,520 | = | 0.0% |
| Other amounts receivable | 41 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €73,323 | €36,578 | -€36,745 | -50.1% |
| Deferred charges and accrued income | 490/1 | - | €3,391 | +€3,391 | |
| Total equity and liabilities | 10/49 | €95,713 | €160,575 | +€64,861 | +67.8% |
| Equity | 10/15 | €65,458 | €133,608 | +€68,151 | +104.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,458 | €132,608 | +€68,151 | +105.7% |
| Amounts payable | 17/49 | €30,256 | €26,966 | -€3,289 | -10.9% |
| Amounts payable within one year | 42/48 | €30,256 | €26,966 | -€3,289 | -10.9% |
| Trade debts | 44 | €480 | €490 | +€10 | +2.1% |
| Suppliers | 440/4 | €480 | €490 | +€10 | +2.1% |
| Taxes, remuneration and social security | 45 | €27,967 | €26,451 | -€1,516 | -5.4% |
| Taxes | 450/3 | €27,967 | €26,451 | -€1,516 | -5.4% |
| Other amounts payable | 47/48 | €1,809 | €25 | -€1,783 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,054 | €1,785 | +€731 | +69.3% |
| Other operating charges | 640/8 | - | €483 | +€483 | |
| Gross operating margin | 9900 | €68,077 | €82,096 | +€14,018 | +20.6% |
| Operating profit (loss) | 9901 | €67,023 | €79,827 | +€12,804 | +19.1% |
| Financial income | 75/76B | - | €3,391 | +€3,391 | |
| Recurring financial income | 75 | - | €3,391 | +€3,391 | |
| Financial charges | 65/66B | €26 | €153 | +€128 | +495.9% |
| Recurring financial charges | 65 | €26 | €153 | +€128 | +495.9% |
| Profit (loss) for the period before taxes | 9903 | €66,997 | €83,066 | +€16,068 | +24.0% |
| Income taxes | 67/77 | €14,737 | €14,915 | +€178 | +1.2% |
| Profit (loss) for the period | 9904 | €52,260 | €68,151 | +€15,891 | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,260 | €68,151 | +€15,891 | +30.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.