PAMIDO: what changed
PAMIDO
Largest movements
- Current investments -€426,318
no longer reported in 2026 (was €426,318)
- Cash +€264,522
up €264,522 (+581%), from €45,496 to €310,018
mainly Current investments (+€426,318) and Net result for the year (+€35,904)
- Receivables within one year +€174,537
up €174,537 (+3,980%), from €4,385 to €178,922
of which Other amounts receivable: +€174,600
- Tangible fixed assets -€13,796
down €13,796 (-27.6%), from €49,899 to €36,103
of which Furniture and vehicles: -€9,861
- Other debts -€37,105
down €37,105 (-94.3%), from €39,360 to €2,254
- Reserves +€34,238
up €34,238 (+8.1%), from €424,262 to €458,500
of which Distributable reserves: +€34,238
- Gross operating margin -€89,396
down €89,396, from €85,321 to -€4,075
- Financial income +€53,171
up €53,171 (+590%), from €9,009 to €62,180
- Taxes -€19,512
down €19,512 (-83.5%), from €23,381 to €3,869
- Financial charges -€2,568
down €2,568 (-94.4%), from €2,720 to €152
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €528,372 | €526,206 | -€2,166 | -0.4% |
| Fixed assets | 21/28 | €49,899 | €36,103 | -€13,796 | -27.6% |
| Tangible fixed assets | 22/27 | €49,899 | €36,103 | -€13,796 | -27.6% |
| Land and buildings | 22 | €28,039 | €24,957 | -€3,081 | -11.0% |
| Plant, machinery and equipment | 23 | €2,025 | €1,172 | -€853 | -42.1% |
| Furniture and vehicles | 24 | €19,835 | €9,974 | -€9,861 | -49.7% |
| Current assets | 29/58 | €478,473 | €490,104 | +€11,630 | +2.4% |
| Amounts receivable within one year | 40/41 | €4,385 | €178,922 | +€174,537 | +3,980% |
| Trade receivables | 40 | €63 | - | -€63 | |
| Other amounts receivable | 41 | €4,322 | €178,922 | +€174,600 | +4,040% |
| Current investments | 50/53 | €426,318 | - | -€426,318 | |
| Cash at bank and in hand | 54/58 | €45,496 | €310,018 | +€264,522 | +581% |
| Deferred charges and accrued income | 490/1 | €2,274 | €1,164 | -€1,110 | -48.8% |
| Total equity and liabilities | 10/49 | €528,372 | €526,206 | -€2,166 | -0.4% |
| Equity | 10/15 | €485,925 | €520,163 | +€34,238 | +7.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €424,262 | €458,500 | +€34,238 | +8.1% |
| Non-distributable reserves | 130/1 | €7,535 | €7,535 | = | 0.0% |
| Legal reserve | 130 | €7,535 | €7,535 | = | 0.0% |
| Distributable reserves | 133 | €416,726 | €450,964 | +€34,238 | +8.2% |
| Profit (loss) carried forward | 14 | €163 | €163 | = | 0.0% |
| Amounts payable | 17/49 | €42,447 | €6,043 | -€36,404 | -85.8% |
| Amounts payable within one year | 42/48 | €41,705 | €5,353 | -€36,351 | -87.2% |
| Trade debts | 44 | - | €2,351 | +€2,351 | |
| Suppliers | 440/4 | - | €2,351 | +€2,351 | |
| Taxes, remuneration and social security | 45 | €2,345 | €748 | -€1,597 | -68.1% |
| Taxes | 450/3 | €2,345 | €748 | -€1,597 | -68.1% |
| Other amounts payable | 47/48 | €39,360 | €2,254 | -€37,105 | -94.3% |
| Accrued charges and deferred income | 492/3 | €742 | €690 | -€52 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,905 | €16,383 | -€522 | -3.1% |
| Other operating charges | 640/8 | €1,871 | €1,796 | -€75 | -4.0% |
| Gross operating margin | 9900 | €85,321 | -€4,075 | -€89,396 | |
| Operating profit (loss) | 9901 | €66,545 | -€22,255 | -€88,799 | |
| Financial income | 75/76B | €9,009 | €62,180 | +€53,171 | +590% |
| Recurring financial income | 75 | €9,009 | €62,180 | +€53,171 | +590% |
| Financial charges | 65/66B | €2,720 | €152 | -€2,568 | -94.4% |
| Recurring financial charges | 65 | €2,720 | €152 | -€2,568 | -94.4% |
| Profit (loss) for the period before taxes | 9903 | €72,833 | €39,773 | -€33,060 | -45.4% |
| Income taxes | 67/77 | €23,381 | €3,869 | -€19,512 | -83.5% |
| Profit (loss) for the period | 9904 | €49,452 | €35,904 | -€13,548 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,452 | €35,904 | -€13,548 | -27.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.