PAMERKI: 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.
PAMERKI
Largest movements
- Tangible fixed assets +€351,954
up €351,954 (+37.0%), from €951,939 to €1.3m
of which Land and buildings: +€999,822
- Cash +€75,667
up €75,667 (+1332.7%), from €5,678 to €81,345
mainly Contributions, distributions and other (+€355,000) and Other debts (+€204,183)
- Contributions +€355,000
up €355,000 (+18.2%), from €2.0m to €2.3m
- Other debts +€204,183
up €204,183 (+27.2%), from €749,597 to €953,780
- Accrued charges and deferred income -€87,636
down €87,636 (-92.4%), from €94,836 to €7,200
- Profit (loss) carried forward -€45,216
down €45,216 (-10.3%), from -€440,521 to -€485,736
- Financial charges +€14,420
up €14,420 (+1319.7%), from €1,093 to €15,513
- Depreciation +€10,072
up €10,072 (+49.3%), from €20,448 to €30,521
- Gross operating margin +€5,220
up €5,220 (+192.5%), from €2,711 to €7,931
- Other operating charges +€2,541
up €2,541 (+59.1%), from €4,296 to €6,837
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 | €2,751,641 | €3,170,892 | +€419,251 | +15.2% |
| Fixed assets | 21/28 | €2,732,939 | €3,084,893 | +€351,954 | +12.9% |
| Tangible fixed assets | 22/27 | €951,939 | €1,303,893 | +€351,954 | +37.0% |
| Land and buildings | 22 | €229,036 | €1,228,858 | +€999,822 | +436.5% |
| Plant, machinery and equipment | 23 | - | €2,086 | +€2,086 | |
| Furniture and vehicles | 24 | €91,099 | €72,948 | -€18,151 | -19.9% |
| Other tangible fixed assets | 26 | €631,804 | - | -€631,804 | |
| Financial fixed assets | 28 | €1,781,000 | €1,781,000 | = | 0.0% |
| Current assets | 29/58 | €18,702 | €86,000 | +€67,298 | +359.8% |
| Amounts receivable within one year | 40/41 | €11,278 | €2,938 | -€8,339 | -73.9% |
| Trade receivables | 40 | €726 | €0 | -€726 | -100.0% |
| Other amounts receivable | 41 | €10,552 | €2,938 | -€7,613 | -72.2% |
| Cash at bank and in hand | 54/58 | €5,678 | €81,345 | +€75,667 | +1332.7% |
| Deferred charges and accrued income | 490/1 | €1,747 | €1,717 | -€30 | -1.7% |
| Total equity and liabilities | 10/49 | €2,751,641 | €3,170,892 | +€419,251 | +15.2% |
| Equity | 10/15 | €1,514,500 | €1,824,284 | +€309,785 | +20.5% |
| Contributions | 10/11 | €1,954,525 | €2,309,525 | +€355,000 | +18.2% |
| Contributions outside capital | 11 | €1,954,525 | - | -€2.0m | |
| Other | 1109/19 | €1,954,525 | - | -€2.0m | |
| Reserves | 13 | €495 | €495 | = | 0.0% |
| Distributable reserves | 133 | €495 | €495 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€440,521 | -€485,736 | -€45,216 | -10.3% |
| Amounts payable | 17/49 | €1,237,141 | €1,346,608 | +€109,467 | +8.8% |
| Amounts payable after more than one year | 17 | €382,473 | €362,243 | -€20,230 | -5.3% |
| Financial debts | 170/4 | €382,273 | €362,243 | -€20,030 | -5.2% |
| Other amounts payable | 178/9 | €200 | - | -€200 | |
| Amounts payable within one year | 42/48 | €759,832 | €977,165 | +€217,333 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €9,727 | €20,030 | +€10,302 | +105.9% |
| Trade debts | 44 | €228 | €214 | -€14 | -6.3% |
| Suppliers | 440/4 | €228 | €214 | -€14 | -6.3% |
| Taxes, remuneration and social security | 45 | €280 | €3,141 | +€2,862 | +1023.3% |
| Taxes | 450/3 | €280 | €2,641 | +€2,362 | +844.5% |
| Remuneration and social security | 454/9 | - | €500 | +€500 | |
| Other amounts payable | 47/48 | €749,597 | €953,780 | +€204,183 | +27.2% |
| Accrued charges and deferred income | 492/3 | €94,836 | €7,200 | -€87,636 | -92.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,448 | €30,521 | +€10,072 | +49.3% |
| Other operating charges | 640/8 | €4,296 | €6,837 | +€2,541 | +59.1% |
| Gross operating margin | 9900 | €2,711 | €7,931 | +€5,220 | +192.5% |
| Operating profit (loss) | 9901 | -€22,033 | -€29,426 | -€7,393 | -33.6% |
| Financial charges | 65/66B | €1,093 | €15,513 | +€14,420 | +1319.7% |
| Recurring financial charges | 65 | €1,093 | €15,513 | +€14,420 | +1319.7% |
| Profit (loss) for the period before taxes | 9903 | -€23,126 | -€44,939 | -€21,813 | -94.3% |
| Income taxes | 67/77 | €280 | €276 | -€3 | -1.2% |
| Profit (loss) for the period | 9904 | -€23,406 | -€45,216 | -€21,810 | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,406 | -€45,216 | -€21,810 | -93.2% |
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 9 October 2026 via checked.be.