PAMYKIDS: 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.
What changed
PAMYKIDS
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€60,872
2024 · €239,886-€300,758
Equity
€446,762
2024 · €677,634-€230,872
Cash
€14,860
2024 · €6,198+€8,663
Balance sheet total
€1.2m
2024 · €807,177+€413,944
Largest movements
Assets
- Tangible fixed assets +€553,601
up €553,601 (+85.0%), from €651,521 to €1.2m
of which Land and buildings: +€576,719
- Receivables within one year -€148,883
down €148,883 (-100%), from €148,883 to €0
of which Other amounts receivable: -€145,534
Equity and liabilities
- Debts after one year +€473,122
up €473,122 (+48,200%), from €982 to €474,103
- Contributions -€154,530
down €154,530 (-90.9%), from €170,000 to €15,470
- Other debts +€145,852
up €145,852, from €0 to €145,852
- Profit (loss) carried forward -€53,161
down €53,161, from €0 to -€53,161
- Current portion of long-term debt +€32,939
up €32,939 (+282%), from €11,690 to €44,628
Income statement
- Gross operating margin -€397,784
down €397,784 (-99.5%), from €399,912 to €2,127
- Depreciation -€29,989
down €29,989 (-34.4%), from €87,213 to €57,224
- Taxes -€14,029
down €14,029 (-97.0%), from €14,457 to €429
- Other operating charges +€4,488
up €4,488 (+94.5%), from €4,748 to €9,237
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.
Result 2024
€239,886
Gross operating margin
-€397,784
Depreciation
+€29,989
Other operating charges
-€4,488
Financial income
-€441
Financial charges
+€179
Taxes
+€14,029
Deferred taxes and other
+€57,760
Result 2025
-€60,872
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€283,428
Investment
-€610,825
Financing
+€336,060
Cash 2024
€6,198
From operations (derived)
+€283,428
Net result for the year
-€60,872
Depreciation
+€57,224
Receivables within one year
+€148,883
Smaller working-capital items
-€221
Provisions
-€2,571
Trade debts
-€7,007
Other debts
+€145,852
Accrued charges and deferred income
+€2,140
Investment (derived)
-€610,825
Investment in fixed assets (net)
-€610,825
Financing
+€336,060
Debts after one year
+€473,122
Current portion of long-term debt
+€32,939
Contributions, distributions and other
-€170,000
Cash 2025
€14,860
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €807,177 | €1,221,120 | +€413,944 | +51.3% |
| Fixed assets | 21/28 | €652,096 | €1,205,697 | +€553,601 | +84.9% |
| Tangible fixed assets | 22/27 | €651,521 | €1,205,122 | +€553,601 | +85.0% |
| Land and buildings | 22 | €582,348 | €1,159,067 | +€576,719 | +99.0% |
| Plant, machinery and equipment | 23 | €450 | €300 | -€150 | -33.3% |
| Furniture and vehicles | 24 | €54,598 | €43,012 | -€11,586 | -21.2% |
| Leasing and similar rights | 25 | €14,125 | €2,743 | -€11,382 | -80.6% |
| Financial fixed assets | 28 | €576 | €576 | = | 0.0% |
| Current assets | 29/58 | €155,080 | €15,423 | -€139,657 | -90.1% |
| Amounts receivable within one year | 40/41 | €148,883 | €0 | -€148,883 | -100% |
| Trade receivables | 40 | €3,348 | €0 | -€3,348 | -100% |
| Other amounts receivable | 41 | €145,534 | €0 | -€145,534 | -100% |
| Cash at bank and in hand | 54/58 | €6,198 | €14,860 | +€8,663 | +140% |
| Deferred charges and accrued income | 490/1 | - | €563 | +€563 | |
| Total equity and liabilities | 10/49 | €807,177 | €1,221,120 | +€413,944 | +51.3% |
| Equity | 10/15 | €677,634 | €446,762 | -€230,872 | -34.1% |
| Contributions | 10/11 | €170,000 | €15,470 | -€154,530 | -90.9% |
| Reserves | 13 | €507,634 | €484,452 | -€23,182 | -4.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €338,075 | €330,364 | -€7,712 | -2.3% |
| Distributable reserves | 133 | €169,558 | €154,088 | -€15,470 | -9.1% |
| Profit (loss) carried forward | 14 | €0 | -€53,161 | -€53,161 | |
| Provisions and deferred taxes | 16 | €109,327 | €106,756 | -€2,571 | -2.4% |
| Deferred taxes | 168 | €109,327 | €106,756 | -€2,571 | -2.4% |
| Amounts payable | 17/49 | €20,216 | €667,603 | +€647,386 | +3,202% |
| Amounts payable after more than one year | 17 | €982 | €474,103 | +€473,122 | +48,200% |
| Financial debts | 170/4 | €982 | €474,103 | +€473,122 | +48,200% |
| Amounts payable within one year | 42/48 | €19,235 | €191,359 | +€172,125 | +895% |
| Current portion of amounts payable after more than one year | 42 | €11,690 | €44,628 | +€32,939 | +282% |
| Trade debts | 44 | €7,545 | €538 | -€7,007 | -92.9% |
| Suppliers | 440/4 | €7,545 | €538 | -€7,007 | -92.9% |
| Taxes, remuneration and social security | 45 | - | €342 | +€342 | |
| Taxes | 450/3 | - | €342 | +€342 | |
| Other amounts payable | 47/48 | €0 | €145,852 | +€145,852 | |
| Accrued charges and deferred income | 492/3 | - | €2,140 | +€2,140 | |
| Non-recurring operating income | 76A | €449,089 | €0 | -€449,089 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,213 | €57,224 | -€29,989 | -34.4% |
| Other operating charges | 640/8 | €4,748 | €9,237 | +€4,488 | +94.5% |
| Gross operating margin | 9900 | €399,912 | €2,127 | -€397,784 | -99.5% |
| Operating profit (loss) | 9901 | €307,950 | -€64,334 | -€372,284 | |
| Financial income | 75/76B | €4,162 | €3,720 | -€441 | -10.6% |
| Recurring financial income | 75 | €4,162 | €3,720 | -€441 | -10.6% |
| Financial charges | 65/66B | €2,579 | €2,400 | -€179 | -6.9% |
| Recurring financial charges | 65 | €2,579 | €2,400 | -€179 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €309,532 | -€63,014 | -€372,546 | |
| Transfer from deferred taxes | 780 | €57,083 | €2,571 | -€54,512 | -95.5% |
| Transfer to deferred taxes | 680 | €112,272 | €0 | -€112,272 | -100% |
| Income taxes | 67/77 | €14,457 | €429 | -€14,029 | -97.0% |
| Profit (loss) for the period | 9904 | €239,886 | -€60,872 | -€300,758 | |
| Transfer from tax-exempt reserves | 789 | €171,249 | €7,712 | -€163,537 | -95.5% |
| Transfer to tax-exempt reserves | 689 | €336,817 | €0 | -€336,817 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €74,318 | -€53,161 | -€127,478 |
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 26 October 2026 via checked.be.