PAME: 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.
PAME
Largest movements
- Cash -€10,754
down €10,754 (-68.5%), from €15,700 to €4,946
mainly Investment in fixed assets (net) (-€14,027) and Current portion of long-term debt (-€9,067)
- Tangible fixed assets +€1,842
up €1,842 (+2.6%), from €70,554 to €72,395
of which Furniture and vehicles: +€10,219
- Current portion of long-term debt -€9,067
down €9,067 (-72.0%), from €12,584 to €3,518
- Debts after one year -€8,763
no longer reported in 2025 (was €8,763)
of which Financial debts: -€4,683
- Reserves +€4,557
up €4,557 (+20.9%), from €21,821 to €26,378
of which Distributable reserves: +€4,557
- Tax, wage and social debts +€2,203
up €2,203 (+1573.0%), from €140 to €2,343
- Trade debts +€1,952
up €1,952 (+841.0%), from €232 to €2,184
- Gross operating margin -€2,511
down €2,511 (-9.8%), from €25,518 to €23,006
- Taxes +€2,203
up €2,203 (+1573.0%), from €140 to €2,343
- Other operating charges +€2,023
up €2,023 (+153.0%), from €1,322 to €3,346
- Depreciation -€1,526
down €1,526 (-11.1%), from €13,711 to €12,185
- Financial charges -€455
down €455 (-44.2%), from €1,030 to €575
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 | €87,643 | €78,673 | -€8,971 | -10.2% |
| Fixed assets | 21/28 | €70,554 | €72,395 | +€1,842 | +2.6% |
| Tangible fixed assets | 22/27 | €70,554 | €72,395 | +€1,842 | +2.6% |
| Land and buildings | 22 | €67,769 | €60,251 | -€7,518 | -11.1% |
| Plant, machinery and equipment | 23 | €2,784 | €1,925 | -€859 | -30.9% |
| Furniture and vehicles | 24 | - | €10,219 | +€10,219 | |
| Current assets | 29/58 | €17,090 | €6,278 | -€10,812 | -63.3% |
| Amounts receivable within one year | 40/41 | €385 | - | -€385 | |
| Trade receivables | 40 | €385 | - | -€385 | |
| Cash at bank and in hand | 54/58 | €15,700 | €4,946 | -€10,754 | -68.5% |
| Deferred charges and accrued income | 490/1 | €1,005 | €1,332 | +€327 | +32.5% |
| Total equity and liabilities | 10/49 | €87,643 | €78,673 | -€8,971 | -10.2% |
| Equity | 10/15 | €40,413 | €44,970 | +€4,557 | +11.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €21,821 | €26,378 | +€4,557 | +20.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €19,962 | €24,519 | +€4,557 | +22.8% |
| Amounts payable | 17/49 | €47,230 | €33,702 | -€13,528 | -28.6% |
| Amounts payable after more than one year | 17 | €8,763 | - | -€8,763 | |
| Financial debts | 170/4 | €4,683 | - | -€4,683 | |
| Other amounts payable | 178/9 | €4,080 | - | -€4,080 | |
| Amounts payable within one year | 42/48 | €37,717 | €32,644 | -€5,073 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €12,584 | €3,518 | -€9,067 | -72.0% |
| Trade debts | 44 | €232 | €2,184 | +€1,952 | +841.0% |
| Suppliers | 440/4 | €232 | €2,184 | +€1,952 | +841.0% |
| Taxes, remuneration and social security | 45 | €140 | €2,343 | +€2,203 | +1573.0% |
| Taxes | 450/3 | €140 | €2,343 | +€2,203 | +1573.0% |
| Other amounts payable | 47/48 | €24,761 | €24,599 | -€162 | -0.7% |
| Accrued charges and deferred income | 492/3 | €750 | €1,058 | +€308 | +41.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,711 | €12,185 | -€1,526 | -11.1% |
| Other operating charges | 640/8 | €1,322 | €3,346 | +€2,023 | +153.0% |
| Gross operating margin | 9900 | €25,518 | €23,006 | -€2,511 | -9.8% |
| Operating profit (loss) | 9901 | €10,484 | €7,476 | -€3,008 | -28.7% |
| Financial charges | 65/66B | €1,030 | €575 | -€455 | -44.2% |
| Recurring financial charges | 65 | €1,030 | €575 | -€455 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €9,453 | €6,901 | -€2,553 | -27.0% |
| Income taxes | 67/77 | €140 | €2,343 | +€2,203 | +1573.0% |
| Profit (loss) for the period | 9904 | €9,313 | €4,557 | -€4,756 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,313 | €4,557 | -€4,756 | -51.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.