PAMELA CREATION: 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.
PAMELA CREATION
Largest movements
- Cash +€14,994
up €14,994 (+773%), from €1,940 to €16,934
mainly Net result for the year (+€13,066) and Trade debts (+€4,358)
- Reserves +€13,066
up €13,066 (+18.9%), from €69,091 to €82,158
of which Distributable reserves: +€13,066
- Other debts -€6,098
down €6,098 (-6.9%), from €88,802 to €82,704
- Trade debts +€4,358
up €4,358 (+530%), from €822 to €5,180
- Tax, wage and social debts +€3,654
up €3,654 (+73.8%), from €4,949 to €8,603
- Gross operating margin +€9,153
up €9,153 (+66.6%), from €13,739 to €22,892
- Taxes +€3,276
up €3,276 (+75.8%), from €4,322 to €7,598
- Depreciation +€1,311
up €1,311 (+1,255%), from €104 to €1,415
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 | €225,146 | €240,125 | +€14,980 | +6.7% |
| Fixed assets | 21/28 | €204,855 | €203,440 | -€1,415 | -0.7% |
| Tangible fixed assets | 22/27 | €4,141 | €2,726 | -€1,415 | -34.2% |
| Plant, machinery and equipment | 23 | €4,141 | €2,726 | -€1,415 | -34.2% |
| Financial fixed assets | 28 | €200,714 | €200,714 | = | 0.0% |
| Current assets | 29/58 | €20,291 | €36,685 | +€16,395 | +80.8% |
| Stocks and contracts in progress | 3 | €420 | €1,251 | +€831 | +198% |
| Stocks | 30/36 | €420 | €1,251 | +€831 | +198% |
| Amounts receivable within one year | 40/41 | €17,796 | €18,363 | +€567 | +3.2% |
| Trade receivables | 40 | €17,796 | €18,363 | +€567 | +3.2% |
| Cash at bank and in hand | 54/58 | €1,940 | €16,934 | +€14,994 | +773% |
| Deferred charges and accrued income | 490/1 | €134 | €137 | +€3 | +1.9% |
| Total equity and liabilities | 10/49 | €225,146 | €240,125 | +€14,980 | +6.7% |
| Equity | 10/15 | €130,573 | €143,639 | +€13,066 | +10.0% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €69,091 | €82,158 | +€13,066 | +18.9% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €65,993 | €79,059 | +€13,066 | +19.8% |
| Profit (loss) carried forward | 14 | €30,494 | €30,494 | = | 0.0% |
| Amounts payable | 17/49 | €94,573 | €96,487 | +€1,914 | +2.0% |
| Amounts payable within one year | 42/48 | €94,573 | €96,487 | +€1,914 | +2.0% |
| Trade debts | 44 | €822 | €5,180 | +€4,358 | +530% |
| Suppliers | 440/4 | €822 | €5,180 | +€4,358 | +530% |
| Taxes, remuneration and social security | 45 | €4,949 | €8,603 | +€3,654 | +73.8% |
| Taxes | 450/3 | €4,949 | €8,603 | +€3,654 | +73.8% |
| Other amounts payable | 47/48 | €88,802 | €82,704 | -€6,098 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104 | €1,415 | +€1,311 | +1,255% |
| Other operating charges | 640/8 | €534 | €680 | +€146 | +27.2% |
| Gross operating margin | 9900 | €13,739 | €22,892 | +€9,153 | +66.6% |
| Operating profit (loss) | 9901 | €13,100 | €20,797 | +€7,697 | +58.8% |
| Financial income | 75/76B | €6 | €13 | +€7 | +125% |
| Recurring financial income | 75 | €6 | €13 | +€7 | +125% |
| Financial charges | 65/66B | €73 | €146 | +€73 | +99.9% |
| Recurring financial charges | 65 | €73 | €146 | +€73 | +99.9% |
| Profit (loss) for the period before taxes | 9903 | €13,033 | €20,665 | +€7,631 | +58.6% |
| Income taxes | 67/77 | €4,322 | €7,598 | +€3,276 | +75.8% |
| Profit (loss) for the period | 9904 | €8,711 | €13,066 | +€4,355 | +50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,711 | €13,066 | +€4,355 | +50.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.