PAMIROX: 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.
PAMIROX
Largest movements
- Cash +€252,683
up €252,683 (+6914.6%), from €3,654 to €256,337
mainly Stocks and contracts (+€222,928) and Net result for the year (+€73,351)
- Stocks and contracts -€222,928
no longer reported in 2025 (was €222,928)
- Tangible fixed assets -€7,234
down €7,234 (-46.4%), from €15,587 to €8,353
of which Furniture and vehicles: -€7,027
- Profit (loss) carried forward +€73,351
up €73,351 (+80.0%), from -€91,702 to -€18,350
- Other debts -€54,256
down €54,256 (-40.4%), from €134,242 to €79,986
- Accrued charges and deferred income +€3,689
up €3,689 (+9.1%), from €40,633 to €44,322
- Gross operating margin +€43,545
up €43,545 (+100.0%), from €43,552 to €87,098
- Other operating charges -€10,411
down €10,411 (-85.2%), from €12,223 to €1,812
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 | €244,652 | €266,070 | +€21,418 | +8.8% |
| Fixed assets | 21/28 | €15,587 | €8,353 | -€7,234 | -46.4% |
| Tangible fixed assets | 22/27 | €15,587 | €8,353 | -€7,234 | -46.4% |
| Plant, machinery and equipment | 23 | €659 | €452 | -€206 | -31.3% |
| Furniture and vehicles | 24 | €14,928 | €7,901 | -€7,027 | -47.1% |
| Current assets | 29/58 | €229,066 | €257,717 | +€28,652 | +12.5% |
| Stocks and contracts in progress | 3 | €222,928 | - | -€222,928 | |
| Stocks | 30/36 | €222,928 | - | -€222,928 | |
| Amounts receivable within one year | 40/41 | €2,086 | €1,372 | -€714 | -34.2% |
| Trade receivables | 40 | €1,180 | €1,372 | +€192 | +16.3% |
| Other amounts receivable | 41 | €906 | - | -€906 | |
| Cash at bank and in hand | 54/58 | €3,654 | €256,337 | +€252,683 | +6914.6% |
| Deferred charges and accrued income | 490/1 | €398 | €9 | -€389 | -97.8% |
| Total equity and liabilities | 10/49 | €244,652 | €266,070 | +€21,418 | +8.8% |
| Equity | 10/15 | €3,298 | €76,650 | +€73,351 | +2223.9% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €35,000 | €35,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €29,000 | €29,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,702 | -€18,350 | +€73,351 | +80.0% |
| Amounts payable | 17/49 | €241,354 | €189,421 | -€51,933 | -21.5% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Financial debts | 170/4 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €140,721 | €85,099 | -€55,622 | -39.5% |
| Financial debts | 43 | - | €78 | +€78 | |
| Credit institutions | 430/8 | - | €78 | +€78 | |
| Trade debts | 44 | €6,182 | €4,761 | -€1,421 | -23.0% |
| Suppliers | 440/4 | €6,182 | €4,761 | -€1,421 | -23.0% |
| Taxes, remuneration and social security | 45 | €297 | €275 | -€22 | -7.6% |
| Taxes | 450/3 | €297 | €275 | -€22 | -7.6% |
| Other amounts payable | 47/48 | €134,242 | €79,986 | -€54,256 | -40.4% |
| Accrued charges and deferred income | 492/3 | €40,633 | €44,322 | +€3,689 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,234 | €7,234 | = | 0.0% |
| Other operating charges | 640/8 | €12,223 | €1,812 | -€10,411 | -85.2% |
| Non-recurring operating charges | 66A | €110 | €150 | +€40 | +36.4% |
| Gross operating margin | 9900 | €43,552 | €87,098 | +€43,545 | +100.0% |
| Operating profit (loss) | 9901 | €23,986 | €77,902 | +€53,916 | +224.8% |
| Financial income | 75/76B | €47 | €18 | -€29 | -61.9% |
| Recurring financial income | 75 | €47 | €18 | -€29 | -61.9% |
| Financial charges | 65/66B | €5,055 | €4,427 | -€628 | -12.4% |
| Recurring financial charges | 65 | €5,055 | €4,427 | -€628 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €18,977 | €73,492 | +€54,515 | +287.3% |
| Income taxes | 67/77 | €139 | €141 | +€2 | +1.3% |
| Profit (loss) for the period | 9904 | €18,838 | €73,351 | +€54,513 | +289.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,838 | €73,351 | +€54,513 | +289.4% |
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 4 October 2026 via checked.be.