PAMGA: 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.
PAMGA
Largest movements
- Cash +€6,085
up €6,085 (+8.1%), from €74,971 to €81,056
mainly Depreciation (+€5,161) and Net result for the year (+€4,470)
- Receivables within one year +€3,416
new in 2024: €3,416
of which Trade receivables: +€3,279
- Profit (loss) carried forward +€4,470
up €4,470 (+2.1%), from -€213,170 to -€208,700
- Trade debts +€3,968
new in 2024: €3,968
- Gross operating margin +€449
up €449 (+2.2%), from €20,607 to €21,056
- Other operating charges +€449
up €449 (+4.0%), from €11,305 to €11,754
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €184,028 | €192,467 | +€8,438 | +4.6% |
| Fixed assets | 21/28 | €105,108 | €103,914 | -€1,193 | -1.1% |
| Tangible fixed assets | 22/27 | €105,108 | €103,914 | -€1,193 | -1.1% |
| Land and buildings | 22 | €105,108 | €103,914 | -€1,193 | -1.1% |
| Current assets | 29/58 | €78,921 | €88,552 | +€9,631 | +12.2% |
| Amounts receivable within one year | 40/41 | - | €3,416 | +€3,416 | |
| Trade receivables | 40 | - | €3,279 | +€3,279 | |
| Other amounts receivable | 41 | - | €137 | +€137 | |
| Cash at bank and in hand | 54/58 | €74,971 | €81,056 | +€6,085 | +8.1% |
| Deferred charges and accrued income | 490/1 | €3,950 | €4,080 | +€130 | +3.3% |
| Total equity and liabilities | 10/49 | €184,028 | €192,467 | +€8,438 | +4.6% |
| Equity | 10/15 | €183,459 | €187,929 | +€4,470 | +2.4% |
| Contributions | 10/11 | €396,630 | €396,630 | = | 0.0% |
| Capital | 10 | €396,630 | €396,630 | = | 0.0% |
| Issued capital | 100 | €396,630 | €396,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€213,170 | -€208,700 | +€4,470 | +2.1% |
| Amounts payable | 17/49 | €569 | €4,537 | +€3,968 | +697.3% |
| Amounts payable within one year | 42/48 | €569 | €4,537 | +€3,968 | +697.3% |
| Trade debts | 44 | - | €3,968 | +€3,968 | |
| Suppliers | 440/4 | - | €3,968 | +€3,968 | |
| Other amounts payable | 47/48 | €569 | €569 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,299 | €5,161 | -€137 | -2.6% |
| Other operating charges | 640/8 | €11,305 | €11,754 | +€449 | +4.0% |
| Gross operating margin | 9900 | €20,607 | €21,056 | +€449 | +2.2% |
| Operating profit (loss) | 9901 | €4,003 | €4,141 | +€138 | +3.4% |
| Financial income | 75/76B | €251 | €457 | +€206 | +82.3% |
| Recurring financial income | 75 | €251 | €457 | +€206 | +82.3% |
| Financial charges | 65/66B | €123 | €128 | +€4 | +3.6% |
| Recurring financial charges | 65 | €123 | €128 | +€4 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €4,131 | €4,470 | +€339 | +8.2% |
| Income taxes | 67/77 | €75 | - | -€75 | |
| Profit (loss) for the period | 9904 | €4,056 | €4,470 | +€414 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,056 | €4,470 | +€414 | +10.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.