PAMI OG: 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.
What changed
PAMI OG
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€55,411
2024 · €64,081-€8,670
Equity
€9.1m
2024 · €9.0m+€55,411
Cash
€7,930
2024 · €3,561+€4,370
Balance sheet total
€16.6m
2024 · €16.7m-€122,114
Largest movements
Assets
- Financial fixed assets -€439,207
down €439,207 (-2.9%), from €15.2m to €14.7m
- Receivables within one year +€348,408
up €348,408 (+23.7%), from €1.5m to €1.8m
of which Trade receivables: +€244,124
Equity and liabilities
- Debts after one year -€560,603
down €560,603 (-8.8%), from €6.4m to €5.8m
- Other debts +€381,909
up €381,909 (+53.0%), from €720,222 to €1.1m
Income statement
No income-statement line moved by more than 1% of the activity.
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.
Result 2024
€64,081
Other operating income
+€2,854
Services and other goods
-€12,809
Other operating charges
-€3,115
Financial income
-€8,359
Financial charges
+€9,835
Taxes
+€2,925
Result 2025
€55,411
raises the resultlowers the result
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.
From operations
+€113,873
Investment
+€439,207
Financing
-€548,710
Cash 2024
€3,561
From operations (derived)
+€113,873
Net result for the year
+€55,411
Depreciation
+€35,685
Receivables within one year
-€348,408
Trade debts
-€17,799
Tax, wage and social debts
+€7,075
Other debts
+€381,909
Accrued charges and deferred income
-€1
Investment (derived)
+€439,207
Investment in fixed assets (net)
+€439,207
Financing
-€548,710
Debts after one year
-€560,603
Current portion of long-term debt
+€11,893
Cash 2025
€7,930
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,726,967 | €16,604,853 | -€122,114 | -0.7% |
| Formation expenses | 20 | €82,516 | €46,831 | -€35,685 | -43.2% |
| Fixed assets | 21/28 | €15,171,455 | €14,732,249 | -€439,207 | -2.9% |
| Financial fixed assets | 28 | €15,171,455 | €14,732,249 | -€439,207 | -2.9% |
| Affiliated companies | 280/1 | €15,171,455 | €14,732,249 | -€439,207 | -2.9% |
| Amounts receivable | 281 | €15,171,455 | €14,732,249 | -€439,207 | -2.9% |
| Current assets | 29/58 | €1,472,996 | €1,825,773 | +€352,778 | +23.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,469,435 | €1,817,843 | +€348,408 | +23.7% |
| Trade receivables | 40 | €1,033,894 | €1,278,017 | +€244,124 | +23.6% |
| Other amounts receivable | 41 | €435,542 | €539,826 | +€104,284 | +23.9% |
| Cash at bank and in hand | 54/58 | €3,561 | €7,930 | +€4,370 | +123% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €16,726,967 | €16,604,853 | -€122,114 | -0.7% |
| Equity | 10/15 | €9,039,223 | €9,094,634 | +€55,411 | +0.6% |
| Contributions | 10/11 | €8,896,494 | €8,896,494 | = | 0.0% |
| Reserves | 13 | €142,729 | €198,140 | +€55,411 | +38.8% |
| Distributable reserves | 133 | €142,729 | €198,140 | +€55,411 | +38.8% |
| Amounts payable | 17/49 | €7,687,744 | €7,510,219 | -€177,525 | -2.3% |
| Amounts payable after more than one year | 17 | €6,374,024 | €5,813,422 | -€560,603 | -8.8% |
| Financial debts | 170/4 | €6,374,024 | €5,813,422 | -€560,603 | -8.8% |
| Leasing and similar obligations | 172 | €6,374,024 | €5,813,422 | -€560,603 | -8.8% |
| Amounts payable within one year | 42/48 | €1,313,676 | €1,696,754 | +€383,078 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €548,710 | €560,603 | +€11,893 | +2.2% |
| Trade debts | 44 | €31,566 | €13,768 | -€17,799 | -56.4% |
| Suppliers | 440/4 | €31,566 | €13,768 | -€17,799 | -56.4% |
| Taxes, remuneration and social security | 45 | €13,178 | €20,253 | +€7,075 | +53.7% |
| Taxes | 450/3 | €13,178 | €20,253 | +€7,075 | +53.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €720,222 | €1,102,131 | +€381,909 | +53.0% |
| Accrued charges and deferred income | 492/3 | €44 | €43 | -€1 | -1.1% |
| Operating income | 70/76A | €110,462 | €113,316 | +€2,854 | +2.6% |
| Turnover | 70 | €0 | - | = | |
| Other operating income | 74 | €110,462 | €113,316 | +€2,854 | +2.6% |
| Operating charges | 60/66A | €149,548 | €165,472 | +€15,925 | +10.6% |
| Services and other goods | 61 | €2,158 | €14,967 | +€12,809 | +594% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,685 | €35,685 | = | 0.0% |
| Other operating charges | 640/8 | €111,704 | €114,820 | +€3,115 | +2.8% |
| Operating profit (loss) | 9901 | -€39,086 | -€52,157 | -€13,070 | -33.4% |
| Financial income | 75/76B | €310,337 | €301,978 | -€8,359 | -2.7% |
| Recurring financial income | 75 | €310,337 | €301,978 | -€8,359 | -2.7% |
| Income from financial fixed assets | 750 | €123,592 | €124,637 | +€1,045 | +0.8% |
| Income from current assets | 751 | €186,745 | €177,340 | -€9,404 | -5.0% |
| Financial charges | 65/66B | €183,992 | €174,157 | -€9,835 | -5.3% |
| Recurring financial charges | 65 | €183,992 | €174,157 | -€9,835 | -5.3% |
| Debt charges | 650 | €181,763 | €173,330 | -€8,433 | -4.6% |
| Other financial charges | 652/9 | €2,229 | €827 | -€1,401 | -62.9% |
| Profit (loss) for the period before taxes | 9903 | €87,259 | €75,664 | -€11,595 | -13.3% |
| Income taxes | 67/77 | €23,178 | €20,253 | -€2,925 | -12.6% |
| Taxes | 670/3 | €23,178 | €20,253 | -€2,925 | -12.6% |
| Profit (loss) for the period | 9904 | €64,081 | €55,411 | -€8,670 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,081 | €55,411 | -€8,670 | -13.5% |
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 24 October 2026 via checked.be.