Pamiroca: 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.
Pamiroca
Largest movements
- Cash +€12,477
up €12,477 (+4.8%), from €261,480 to €273,957
mainly Net result for the year (+€19,834) and Depreciation (+€16,987)
- Tangible fixed assets +€7,963
up €7,963 (+4.7%), from €169,353 to €177,316
of which Furniture and vehicles: +€23,814
- Reserves +€19,834
up €19,834 (+16.8%), from €118,125 to €137,959
of which Distributable reserves: +€19,834
- Trade debts +€5,788
up €5,788 (+200.2%), from €2,891 to €8,679
- Financial income +€2,599
up €2,599 (+106524.2%), from €2 to €2,602
- Gross operating margin -€1,806
down €1,806 (-3.1%), from €58,703 to €56,896
- Financial charges -€1,418
down €1,418 (-97.3%), from €1,457 to €40
of which Non-recurring financial charges: -€1,420
- Depreciation +€1,071
up €1,071 (+6.7%), from €15,917 to €16,987
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 | €483,901 | €509,564 | +€25,663 | +5.3% |
| Fixed assets | 21/28 | €169,601 | €177,564 | +€7,963 | +4.7% |
| Tangible fixed assets | 22/27 | €169,353 | €177,316 | +€7,963 | +4.7% |
| Land and buildings | 22 | €169,297 | €153,446 | -€15,851 | -9.4% |
| Furniture and vehicles | 24 | €56 | €23,870 | +€23,814 | +42222.6% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €314,300 | €332,000 | +€17,700 | +5.6% |
| Amounts receivable within one year | 40/41 | €50,739 | €54,904 | +€4,165 | +8.2% |
| Other amounts receivable | 41 | €50,739 | €54,904 | +€4,165 | +8.2% |
| Cash at bank and in hand | 54/58 | €261,480 | €273,957 | +€12,477 | +4.8% |
| Deferred charges and accrued income | 490/1 | €2,081 | €3,139 | +€1,058 | +50.8% |
| Total equity and liabilities | 10/49 | €483,901 | €509,564 | +€25,663 | +5.3% |
| Equity | 10/15 | €479,589 | €499,424 | +€19,834 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118,125 | €137,959 | +€19,834 | +16.8% |
| Non-distributable reserves | 130/1 | €14,254 | €14,254 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,254 | €14,254 | = | 0.0% |
| Distributable reserves | 133 | €103,872 | €123,706 | +€19,834 | +19.1% |
| Profit (loss) carried forward | 14 | €342,864 | €342,864 | = | 0.0% |
| Amounts payable | 17/49 | €4,311 | €10,141 | +€5,829 | +135.2% |
| Amounts payable within one year | 42/48 | €2,891 | €8,679 | +€5,788 | +200.2% |
| Trade debts | 44 | €2,891 | €8,679 | +€5,788 | +200.2% |
| Suppliers | 440/4 | €2,891 | €8,679 | +€5,788 | +200.2% |
| Accrued charges and deferred income | 492/3 | €1,420 | €1,461 | +€41 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,917 | €16,987 | +€1,071 | +6.7% |
| Other operating charges | 640/8 | €8,473 | €8,953 | +€480 | +5.7% |
| Non-recurring operating charges | 66A | - | €816 | +€816 | |
| Gross operating margin | 9900 | €58,703 | €56,896 | -€1,806 | -3.1% |
| Operating profit (loss) | 9901 | €34,313 | €30,139 | -€4,173 | -12.2% |
| Financial income | 75/76B | €2 | €2,602 | +€2,599 | +106524.2% |
| Recurring financial income | 75 | €2 | €2,602 | +€2,599 | +106524.2% |
| Financial charges | 65/66B | €1,457 | €40 | -€1,418 | -97.3% |
| Recurring financial charges | 65 | €38 | €40 | +€2 | +5.2% |
| Non-recurring financial charges | 66B | €1,420 | - | -€1,420 | |
| Profit (loss) for the period before taxes | 9903 | €32,858 | €32,702 | -€156 | -0.5% |
| Income taxes | 67/77 | €12,669 | €12,868 | +€199 | +1.6% |
| Profit (loss) for the period | 9904 | €20,189 | €19,834 | -€355 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,189 | €19,834 | -€355 | -1.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.