PAMUKKALE: 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.
PAMUKKALE
Largest movements
- Receivables within one year +€14,552
up €14,552 (+43.8%), from €33,189 to €47,741
of which Trade receivables: +€19,702
- Tangible fixed assets +€9,702
up €9,702 (+30.1%), from €32,285 to €41,987
of which Furniture and vehicles: +€19,479
- Stocks and contracts +€8,342
up €8,342 (+14.1%), from €59,066 to €67,408
- Deferred charges and accrued income -€3,399
down €3,399 (-40.6%), from €8,372 to €4,973
- Trade debts +€45,823
up €45,823 (+155.1%), from €29,552 to €75,375
- Tax, wage and social debts -€12,930
down €12,930 (-42.9%), from €30,128 to €17,197
- Gross operating margin -€20,640
down €20,640 (-47.8%), from €43,176 to €22,536
- Taxes -€8,792
no longer reported in 2025 (was €8,792)
- Depreciation +€6,357
up €6,357 (+48.3%), from €13,174 to €19,531
- Financial charges -€451
down €451 (-21.2%), from €2,133 to €1,682
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 | €239,530 | €270,853 | +€31,324 | +13.1% |
| Fixed assets | 21/28 | €32,285 | €41,987 | +€9,702 | +30.1% |
| Tangible fixed assets | 22/27 | €32,285 | €41,987 | +€9,702 | +30.1% |
| Land and buildings | 22 | €13,467 | €11,215 | -€2,252 | -16.7% |
| Plant, machinery and equipment | 23 | €14,450 | €6,924 | -€7,526 | -52.1% |
| Furniture and vehicles | 24 | €4,368 | €23,848 | +€19,479 | +445.9% |
| Current assets | 29/58 | €207,245 | €228,867 | +€21,622 | +10.4% |
| Stocks and contracts in progress | 3 | €59,066 | €67,408 | +€8,342 | +14.1% |
| Stocks | 30/36 | €59,066 | €67,408 | +€8,342 | +14.1% |
| Amounts receivable within one year | 40/41 | €33,189 | €47,741 | +€14,552 | +43.8% |
| Trade receivables | 40 | €24,507 | €44,209 | +€19,702 | +80.4% |
| Other amounts receivable | 41 | €8,682 | €3,532 | -€5,150 | -59.3% |
| Cash at bank and in hand | 54/58 | €106,618 | €108,745 | +€2,127 | +2.0% |
| Deferred charges and accrued income | 490/1 | €8,372 | €4,973 | -€3,399 | -40.6% |
| Total equity and liabilities | 10/49 | €239,530 | €270,853 | +€31,324 | +13.1% |
| Equity | 10/15 | €179,249 | €177,681 | -€1,569 | -0.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €160,657 | €160,657 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €158,798 | €158,798 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,569 | -€1,569 | |
| Amounts payable | 17/49 | €60,280 | €93,173 | +€32,892 | +54.6% |
| Amounts payable within one year | 42/48 | €59,680 | €92,573 | +€32,892 | +55.1% |
| Trade debts | 44 | €29,552 | €75,375 | +€45,823 | +155.1% |
| Suppliers | 440/4 | €29,552 | €75,375 | +€45,823 | +155.1% |
| Taxes, remuneration and social security | 45 | €30,128 | €17,197 | -€12,930 | -42.9% |
| Taxes | 450/3 | €30,128 | €17,197 | -€12,930 | -42.9% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Non-recurring operating income | 76A | - | €7,438 | +€7,438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,174 | €19,531 | +€6,357 | +48.3% |
| Other operating charges | 640/8 | €3,270 | €3,678 | +€408 | +12.5% |
| Gross operating margin | 9900 | €43,176 | €22,536 | -€20,640 | -47.8% |
| Operating profit (loss) | 9901 | €26,732 | -€673 | -€27,405 | |
| Financial income | 75/76B | €737 | €786 | +€49 | +6.7% |
| Recurring financial income | 75 | €737 | €786 | +€49 | +6.7% |
| Financial charges | 65/66B | €2,133 | €1,682 | -€451 | -21.2% |
| Recurring financial charges | 65 | €2,133 | €1,682 | -€451 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €25,336 | -€1,569 | -€26,904 | |
| Income taxes | 67/77 | €8,792 | - | -€8,792 | |
| Profit (loss) for the period | 9904 | €16,543 | -€1,569 | -€18,112 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,543 | -€1,569 | -€18,112 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.