PAMAJA: 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.
PAMAJA
Largest movements
- Tangible fixed assets -€695
down €695 (-1.4%), from €50,274 to €49,579
- Other debts -€1,241
down €1,241 (-8.8%), from €14,139 to €12,899
- Profit (loss) carried forward +€706
up €706 (+2.9%), from -€24,028 to -€23,322
- Gross operating margin +€1,696
up €1,696 (+92.2%), from €1,839 to €3,536
- Financial charges +€270
up €270 (+59.8%), from €451 to €721
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 | €58,212 | €57,947 | -€264 | -0.5% |
| Fixed assets | 21/28 | €50,274 | €49,579 | -€695 | -1.4% |
| Tangible fixed assets | 22/27 | €50,274 | €49,579 | -€695 | -1.4% |
| Land and buildings | 22 | €50,274 | €49,579 | -€695 | -1.4% |
| Current assets | 29/58 | €7,938 | €8,368 | +€431 | +5.4% |
| Cash at bank and in hand | 54/58 | €153 | €337 | +€185 | +121.0% |
| Deferred charges and accrued income | 490/1 | €7,785 | €8,031 | +€246 | +3.2% |
| Total equity and liabilities | 10/49 | €58,212 | €57,947 | -€264 | -0.5% |
| Equity | 10/15 | €43,622 | €44,328 | +€706 | +1.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,028 | -€23,322 | +€706 | +2.9% |
| Amounts payable | 17/49 | €14,590 | €13,619 | -€971 | -6.7% |
| Amounts payable within one year | 42/48 | €14,139 | €12,899 | -€1,241 | -8.8% |
| Other amounts payable | 47/48 | €14,139 | €12,899 | -€1,241 | -8.8% |
| Accrued charges and deferred income | 492/3 | €451 | €721 | +€270 | +59.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €695 | €695 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,391 | €1,414 | +€22 | +1.6% |
| Gross operating margin | 9900 | €1,839 | €3,536 | +€1,696 | +92.2% |
| Operating profit (loss) | 9901 | -€247 | €1,427 | +€1,674 | |
| Financial charges | 65/66B | €451 | €721 | +€270 | +59.8% |
| Recurring financial charges | 65 | €451 | €721 | +€270 | +59.8% |
| Profit (loss) for the period before taxes | 9903 | -€698 | €706 | +€1,404 | |
| Profit (loss) for the period | 9904 | -€698 | €706 | +€1,404 | |
| Profit (loss) for the period to be appropriated | 9905 | -€698 | €706 | +€1,404 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.