PAMALUX: 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.
PAMALUX
Largest movements
- Cash +€5,519
up €5,519 (+171%), from €3,224 to €8,743
mainly Receivables within one year (+€4,859) and Stocks and contracts (+€4,311)
- Receivables within one year -€4,859
down €4,859 (-20.7%), from €23,526 to €18,666
of which Other amounts receivable: -€4,374
- Stocks and contracts -€4,311
down €4,311 (-33.6%), from €12,837 to €8,526
- Tangible fixed assets -€1,600
down €1,600 (-45.9%), from €3,489 to €1,889
- Trade debts -€5,979
down €5,979 (-27.7%), from €21,551 to €15,572
- Debts after one year -€3,000
down €3,000 (-60.0%), from €5,000 to €2,000
- Profit (loss) carried forward +€2,944
up €2,944 (+69.4%), from -€4,240 to -€1,297
- Tax, wage and social debts +€848
up €848 (+38.3%), from €2,212 to €3,061
of which Taxes: +€1,945
- Gross operating margin -€18,839
down €18,839 (-62.2%), from €30,283 to €11,444
- Staff costs -€3,002
down €3,002 (-44.9%), from €6,691 to €3,689
- Taxes +€2,153
up €2,153, from €0 to €2,153
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 | €43,123 | €37,962 | -€5,161 | -12.0% |
| Fixed assets | 21/28 | €3,489 | €1,889 | -€1,600 | -45.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €3,489 | €1,889 | -€1,600 | -45.9% |
| Furniture and vehicles | 24 | €3,489 | €1,889 | -€1,600 | -45.9% |
| Current assets | 29/58 | €39,634 | €36,073 | -€3,561 | -9.0% |
| Stocks and contracts in progress | 3 | €12,837 | €8,526 | -€4,311 | -33.6% |
| Stocks | 30/36 | €12,837 | €8,526 | -€4,311 | -33.6% |
| Amounts receivable within one year | 40/41 | €23,526 | €18,666 | -€4,859 | -20.7% |
| Trade receivables | 40 | €1,202 | €716 | -€485 | -40.4% |
| Other amounts receivable | 41 | €22,324 | €17,950 | -€4,374 | -19.6% |
| Cash at bank and in hand | 54/58 | €3,224 | €8,743 | +€5,519 | +171% |
| Deferred charges and accrued income | 490/1 | €48 | €138 | +€90 | +189% |
| Total equity and liabilities | 10/49 | €43,123 | €37,962 | -€5,161 | -12.0% |
| Equity | 10/15 | €14,360 | €17,303 | +€2,944 | +20.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,240 | -€1,297 | +€2,944 | +69.4% |
| Amounts payable | 17/49 | €28,763 | €20,659 | -€8,105 | -28.2% |
| Amounts payable after more than one year | 17 | €5,000 | €2,000 | -€3,000 | -60.0% |
| Financial debts | 170/4 | €5,000 | €2,000 | -€3,000 | -60.0% |
| Amounts payable within one year | 42/48 | €23,763 | €18,659 | -€5,105 | -21.5% |
| Trade debts | 44 | €21,551 | €15,572 | -€5,979 | -27.7% |
| Suppliers | 440/4 | €21,551 | €15,572 | -€5,979 | -27.7% |
| Taxes, remuneration and social security | 45 | €2,212 | €3,061 | +€848 | +38.3% |
| Taxes | 450/3 | €796 | €2,741 | +€1,945 | +244% |
| Remuneration and social security | 454/9 | €1,416 | €320 | -€1,096 | -77.4% |
| Other amounts payable | 47/48 | €0 | €26 | +€26 | |
| Remuneration, social security and pensions | 62 | €6,691 | €3,689 | -€3,002 | -44.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,311 | €1,600 | +€289 | +22.0% |
| Other operating charges | 640/8 | €696 | €821 | +€125 | +17.9% |
| Gross operating margin | 9900 | €30,283 | €11,444 | -€18,839 | -62.2% |
| Operating profit (loss) | 9901 | €21,585 | €5,335 | -€16,250 | -75.3% |
| Financial income | 75/76B | €211 | €117 | -€94 | -44.5% |
| Recurring financial income | 75 | €211 | €117 | -€94 | -44.5% |
| Financial charges | 65/66B | €515 | €355 | -€160 | -31.0% |
| Recurring financial charges | 65 | €515 | €355 | -€160 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €21,281 | €5,097 | -€16,184 | -76.1% |
| Income taxes | 67/77 | €0 | €2,153 | +€2,153 | |
| Profit (loss) for the period | 9904 | €21,281 | €2,944 | -€18,337 | -86.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,281 | €2,944 | -€18,337 | -86.2% |
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 22 October 2026 via checked.be.