PAM KIDS: 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.
PAM KIDS
Largest movements
- Cash +€16,574
up €16,574 (+249%), from €6,659 to €23,233
mainly Depreciation (+€54,301) and Net result for the year (+€35,074)
- Receivables within one year +€10,593
up €10,593 (+26.8%), from €39,567 to €50,160
of which Trade receivables: +€7,297
- Tangible fixed assets +€6,398
up €6,398 (+5.1%), from €126,452 to €132,850
of which Plant, machinery and equipment: +€5,291
- Current portion of long-term debt +€11,542
up €11,542 (+59.9%), from €19,256 to €30,798
- Short-term financial debts +€11,000
new in 2025: €11,000
- Profit (loss) carried forward +€9,191
up €9,191 (+19.6%), from €46,910 to €56,101
- Other debts +€4,885
up €4,885 (+18.8%), from €26,051 to €30,936
- Trade debts -€4,561
down €4,561 (-46.2%), from €9,866 to €5,305
- Gross operating margin +€55,946
up €55,946 (+117%), from €47,893 to €103,839
- Depreciation +€8,382
up €8,382 (+18.3%), from €45,919 to €54,301
- Taxes +€7,700
new in 2025: €7,700
- Other operating charges -€3,967
down €3,967 (-78.0%), from €5,083 to €1,117
- Financial charges +€1,381
up €1,381 (+27.5%), from €5,018 to €6,399
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 | €172,678 | €206,243 | +€33,565 | +19.4% |
| Fixed assets | 21/28 | €126,452 | €132,850 | +€6,398 | +5.1% |
| Tangible fixed assets | 22/27 | €126,452 | €132,850 | +€6,398 | +5.1% |
| Plant, machinery and equipment | 23 | €62,615 | €67,906 | +€5,291 | +8.5% |
| Furniture and vehicles | 24 | €63,837 | €64,944 | +€1,107 | +1.7% |
| Current assets | 29/58 | €46,226 | €73,393 | +€27,167 | +58.8% |
| Amounts receivable within one year | 40/41 | €39,567 | €50,160 | +€10,593 | +26.8% |
| Trade receivables | 40 | €38,577 | €45,874 | +€7,297 | +18.9% |
| Other amounts receivable | 41 | €990 | €4,286 | +€3,296 | +333% |
| Cash at bank and in hand | 54/58 | €6,659 | €23,233 | +€16,574 | +249% |
| Total equity and liabilities | 10/49 | €172,678 | €206,243 | +€33,565 | +19.4% |
| Equity | 10/15 | €47,910 | €57,101 | +€9,191 | +19.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,910 | €56,101 | +€9,191 | +19.6% |
| Amounts payable | 17/49 | €124,768 | €149,142 | +€24,374 | +19.5% |
| Amounts payable after more than one year | 17 | €63,789 | €61,616 | -€2,173 | -3.4% |
| Financial debts | 170/4 | €63,789 | €61,616 | -€2,173 | -3.4% |
| Amounts payable within one year | 42/48 | €60,979 | €84,906 | +€23,927 | +39.2% |
| Current portion of amounts payable after more than one year | 42 | €19,256 | €30,798 | +€11,542 | +59.9% |
| Financial debts | 43 | - | €11,000 | +€11,000 | |
| Credit institutions | 430/8 | - | €11,000 | +€11,000 | |
| Trade debts | 44 | €9,866 | €5,305 | -€4,561 | -46.2% |
| Suppliers | 440/4 | €9,866 | €5,305 | -€4,561 | -46.2% |
| Taxes, remuneration and social security | 45 | €5,806 | €6,867 | +€1,061 | +18.3% |
| Taxes | 450/3 | €1,821 | €3,882 | +€2,061 | +113% |
| Remuneration and social security | 454/9 | €3,985 | €2,985 | -€1,000 | -25.1% |
| Other amounts payable | 47/48 | €26,051 | €30,936 | +€4,885 | +18.8% |
| Accrued charges and deferred income | 492/3 | - | €2,620 | +€2,620 | |
| Non-recurring operating income | 76A | - | €4,132 | +€4,132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,919 | €54,301 | +€8,382 | +18.3% |
| Other operating charges | 640/8 | €5,083 | €1,117 | -€3,967 | -78.0% |
| Non-recurring operating charges | 66A | - | €519 | +€519 | |
| Gross operating margin | 9900 | €47,893 | €103,839 | +€55,946 | +117% |
| Operating profit (loss) | 9901 | -€3,109 | €47,902 | +€51,011 | |
| Financial income | 75/76B | €0 | €1,270 | +€1,270 | +6,351,250% |
| Recurring financial income | 75 | €0 | €1,270 | +€1,270 | +6,351,250% |
| Financial charges | 65/66B | €5,018 | €6,399 | +€1,381 | +27.5% |
| Recurring financial charges | 65 | €5,018 | €6,399 | +€1,381 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,127 | €42,773 | +€50,900 | |
| Income taxes | 67/77 | - | €7,700 | +€7,700 | |
| Profit (loss) for the period | 9904 | -€8,127 | €35,074 | +€43,200 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,127 | €35,074 | +€43,200 |
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 1 November 2026 via checked.be.