Pamogi: 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.
Pamogi
Largest movements
- Cash +€50,287
up €50,287 (+5091.2%), from €988 to €51,274
mainly Contributions, distributions and other (+€62,400) and Other debts (+€14,007)
- Receivables within one year -€4,095
down €4,095 (-66.7%), from €6,136 to €2,040
of which Trade receivables: -€5,929
- Deferred charges and accrued income +€2,272
new in 2025: €2,272
- Tangible fixed assets +€1,703
new in 2025: €1,703
of which Plant, machinery and equipment: +€861
- Intangible fixed assets +€996
up €996 (+18.1%), from €5,507 to €6,503
- Reserves +€62,500
new in 2025: €62,500
- Profit (loss) carried forward -€24,380
down €24,380 (-846.8%), from -€2,879 to -€27,260
- Other debts +€14,007
up €14,007 (+3765.7%), from €372 to €14,379
- Tax, wage and social debts -€991
down €991 (-87.1%), from €1,138 to €147
- Gross operating margin -€20,877
down €20,877, from €2,414 to -€18,463
- Depreciation -€878
down €878 (-15.1%), from €5,810 to €4,933
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 | €12,631 | €63,793 | +€51,163 | +405.1% |
| Fixed assets | 21/28 | €5,507 | €8,206 | +€2,699 | +49.0% |
| Intangible fixed assets | 21 | €5,507 | €6,503 | +€996 | +18.1% |
| Tangible fixed assets | 22/27 | - | €1,703 | +€1,703 | |
| Plant, machinery and equipment | 23 | - | €861 | +€861 | |
| Furniture and vehicles | 24 | - | €842 | +€842 | |
| Current assets | 29/58 | €7,123 | €55,587 | +€48,464 | +680.3% |
| Amounts receivable within one year | 40/41 | €6,136 | €2,040 | -€4,095 | -66.7% |
| Trade receivables | 40 | €6,050 | €121 | -€5,929 | -98.0% |
| Other amounts receivable | 41 | €86 | €1,919 | +€1,834 | +2140.1% |
| Cash at bank and in hand | 54/58 | €988 | €51,274 | +€50,287 | +5091.2% |
| Deferred charges and accrued income | 490/1 | - | €2,272 | +€2,272 | |
| Total equity and liabilities | 10/49 | €12,631 | €63,793 | +€51,163 | +405.1% |
| Equity | 10/15 | €11,121 | €49,240 | +€38,120 | +342.8% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | - | €62,500 | +€62,500 | |
| Distributable reserves | 133 | - | €62,500 | +€62,500 | |
| Profit (loss) carried forward | 14 | -€2,879 | -€27,260 | -€24,380 | -846.8% |
| Amounts payable | 17/49 | €1,510 | €14,553 | +€13,043 | +863.8% |
| Amounts payable within one year | 42/48 | €1,510 | €14,553 | +€13,043 | +863.8% |
| Trade debts | 44 | - | €26 | +€26 | |
| Suppliers | 440/4 | - | €26 | +€26 | |
| Taxes, remuneration and social security | 45 | €1,138 | €147 | -€991 | -87.1% |
| Taxes | 450/3 | €1,138 | €147 | -€991 | -87.1% |
| Other amounts payable | 47/48 | €372 | €14,379 | +€14,007 | +3765.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,810 | €4,933 | -€878 | -15.1% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €2,414 | -€18,463 | -€20,877 | |
| Operating profit (loss) | 9901 | -€3,910 | -€23,924 | -€20,014 | -511.9% |
| Financial income | 75/76B | €128 | €31 | -€97 | -75.7% |
| Recurring financial income | 75 | €128 | €31 | -€97 | -75.7% |
| Financial charges | 65/66B | €105 | €247 | +€142 | +135.3% |
| Recurring financial charges | 65 | €105 | €247 | +€142 | +135.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,887 | -€24,139 | -€20,252 | -521.0% |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | -€3,887 | -€24,280 | -€20,393 | -524.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,887 | -€24,280 | -€20,393 | -524.7% |
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 6 October 2026 via checked.be.