PAMADENT!: 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.
PAMADENT!
Largest movements
- Receivables within one year -€35,529
no longer reported in 2025 (was €35,529)
- Current investments +€30,000
up €30,000 (+60.0%), from €50,000 to €80,000
- Tangible fixed assets -€14,459
down €14,459 (-34.1%), from €42,362 to €27,903
of which Furniture and vehicles: -€8,055
- Intangible fixed assets -€11,000
no longer reported in 2025 (was €11,000)
- Reserves -€60,790
down €60,790 (-31.2%), from €195,110 to €134,320
of which Distributable reserves: -€60,790
- Other debts +€44,900
up €44,900 (+267.3%), from €16,800 to €61,700
- Debts after one year -€12,135
down €12,135 (-58.4%), from €20,797 to €8,662
- Gross operating margin +€9,694
up €9,694 (+11.0%), from €88,278 to €97,972
- Taxes +€2,666
up €2,666 (+15.6%), from €17,129 to €19,795
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 | €270,253 | €240,654 | -€29,600 | -11.0% |
| Fixed assets | 21/28 | €53,362 | €27,903 | -€25,459 | -47.7% |
| Intangible fixed assets | 21 | €11,000 | - | -€11,000 | |
| Tangible fixed assets | 22/27 | €42,362 | €27,903 | -€14,459 | -34.1% |
| Furniture and vehicles | 24 | €28,842 | €20,787 | -€8,055 | -27.9% |
| Other tangible fixed assets | 26 | €13,520 | €7,116 | -€6,404 | -47.4% |
| Current assets | 29/58 | €216,892 | €212,751 | -€4,141 | -1.9% |
| Amounts receivable within one year | 40/41 | €35,529 | - | -€35,529 | |
| Other amounts receivable | 41 | €35,529 | - | -€35,529 | |
| Current investments | 50/53 | €50,000 | €80,000 | +€30,000 | +60.0% |
| Cash at bank and in hand | 54/58 | €128,772 | €129,741 | +€969 | +0.8% |
| Deferred charges and accrued income | 490/1 | €2,590 | €3,010 | +€420 | +16.2% |
| Total equity and liabilities | 10/49 | €270,253 | €240,654 | -€29,600 | -11.0% |
| Equity | 10/15 | €208,715 | €147,930 | -€60,786 | -29.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €195,110 | €134,320 | -€60,790 | -31.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €193,250 | €132,460 | -€60,790 | -31.5% |
| Profit (loss) carried forward | 14 | €1,205 | €1,210 | +€4 | +0.4% |
| Amounts payable | 17/49 | €61,538 | €92,724 | +€31,186 | +50.7% |
| Amounts payable after more than one year | 17 | €20,797 | €8,662 | -€12,135 | -58.4% |
| Financial debts | 170/4 | €20,797 | €8,662 | -€12,135 | -58.4% |
| Amounts payable within one year | 42/48 | €40,741 | €84,062 | +€43,321 | +106.3% |
| Current portion of amounts payable after more than one year | 42 | €14,532 | €12,124 | -€2,409 | -16.6% |
| Trade debts | 44 | €2,406 | €1,523 | -€883 | -36.7% |
| Suppliers | 440/4 | €2,406 | €1,523 | -€883 | -36.7% |
| Taxes, remuneration and social security | 45 | €7,003 | €8,716 | +€1,713 | +24.5% |
| Taxes | 450/3 | €7,003 | €8,716 | +€1,713 | +24.5% |
| Other amounts payable | 47/48 | €16,800 | €61,700 | +€44,900 | +267.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,621 | €25,459 | -€162 | -0.6% |
| Other operating charges | 640/8 | €973 | €1,024 | +€51 | +5.2% |
| Gross operating margin | 9900 | €88,278 | €97,972 | +€9,694 | +11.0% |
| Operating profit (loss) | 9901 | €61,685 | €71,490 | +€9,805 | +15.9% |
| Financial income | 75/76B | €1,282 | €598 | -€685 | -53.4% |
| Recurring financial income | 75 | €1,282 | €598 | -€685 | -53.4% |
| Financial charges | 65/66B | €1,308 | €1,078 | -€231 | -17.6% |
| Recurring financial charges | 65 | €1,308 | €1,078 | -€231 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €61,659 | €71,010 | +€9,351 | +15.2% |
| Income taxes | 67/77 | €17,129 | €19,795 | +€2,666 | +15.6% |
| Profit (loss) for the period | 9904 | €44,530 | €51,214 | +€6,685 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €44,530 | €51,214 | +€6,685 | +15.0% |
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 9 October 2026 via checked.be.