PALZIT: 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.
PALZIT
Largest movements
- Receivables within one year +€12,441
new in 2025: €12,441
of which Trade receivables: +€11,798
- Other debts +€30,827
up €30,827 (+79.5%), from €38,792 to €69,619
- Trade debts -€15,641
down €15,641 (-93.5%), from €16,730 to €1,089
- Profit (loss) carried forward +€14,019
up €14,019 (+11.2%), from €124,866 to €138,885
- Tax, wage and social debts -€8,680
down €8,680 (-54.8%), from €15,848 to €7,168
- Current portion of long-term debt -€7,402
down €7,402 (-91.6%), from €8,085 to €682
- Gross operating margin -€8,612
down €8,612 (-31.2%), from €27,563 to €18,951
- Taxes -€1,802
down €1,802 (-34.0%), from €5,306 to €3,505
- Financial charges +€373
up €373 (+70.4%), from €529 to €902
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 | €210,003 | €222,443 | +€12,440 | +5.9% |
| Fixed assets | 21/28 | €210,000 | €210,000 | = | 0.0% |
| Financial fixed assets | 28 | €210,000 | €210,000 | = | 0.0% |
| Current assets | 29/58 | €3 | €12,443 | +€12,440 | +495,627% |
| Amounts receivable within one year | 40/41 | - | €12,441 | +€12,441 | |
| Trade receivables | 40 | - | €11,798 | +€11,798 | |
| Other amounts receivable | 41 | - | €643 | +€643 | |
| Cash at bank and in hand | 54/58 | €3 | €2 | -€0 | -17.9% |
| Total equity and liabilities | 10/49 | €210,003 | €222,443 | +€12,440 | +5.9% |
| Equity | 10/15 | €129,866 | €143,885 | +€14,019 | +10.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,866 | €138,885 | +€14,019 | +11.2% |
| Amounts payable | 17/49 | €80,136 | €78,558 | -€1,578 | -2.0% |
| Amounts payable after more than one year | 17 | €682 | - | -€682 | |
| Financial debts | 170/4 | €682 | - | -€682 | |
| Amounts payable within one year | 42/48 | €79,454 | €78,558 | -€896 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €8,085 | €682 | -€7,402 | -91.6% |
| Trade debts | 44 | €16,730 | €1,089 | -€15,641 | -93.5% |
| Suppliers | 440/4 | €16,730 | €1,089 | -€15,641 | -93.5% |
| Taxes, remuneration and social security | 45 | €15,848 | €7,168 | -€8,680 | -54.8% |
| Taxes | 450/3 | €15,848 | €7,168 | -€8,680 | -54.8% |
| Other amounts payable | 47/48 | €38,792 | €69,619 | +€30,827 | +79.5% |
| Other operating charges | 640/8 | €502 | €526 | +€23 | +4.7% |
| Gross operating margin | 9900 | €27,563 | €18,951 | -€8,612 | -31.2% |
| Operating profit (loss) | 9901 | €27,061 | €18,426 | -€8,635 | -31.9% |
| Financial charges | 65/66B | €529 | €902 | +€373 | +70.4% |
| Recurring financial charges | 65 | €529 | €902 | +€373 | +70.4% |
| Profit (loss) for the period before taxes | 9903 | €26,531 | €17,523 | -€9,008 | -34.0% |
| Income taxes | 67/77 | €5,306 | €3,505 | -€1,802 | -34.0% |
| Profit (loss) for the period | 9904 | €21,225 | €14,019 | -€7,206 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,225 | €14,019 | -€7,206 | -34.0% |
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 28 October 2026 via checked.be.