pamzey: 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.
pamzey
Largest movements
- Tangible fixed assets +€23,262
up €23,262 (+3051.3%), from €762 to €24,025
- Cash -€4,714
down €4,714 (-4.3%), from €110,824 to €106,110
mainly Investment in fixed assets (net) (-€25,033) and Tax, wage and social debts (-€15,453)
- Receivables within one year +€1,395
new in 2025: €1,395
of which Trade receivables: +€825
- Profit (loss) carried forward +€36,345
up €36,345 (+41.4%), from €87,841 to €124,186
- Tax, wage and social debts -€15,453
down €15,453 (-71.4%), from €21,647 to €6,195
- Gross operating margin -€26,569
down €26,569 (-35.2%), from €75,553 to €48,985
- Taxes -€4,605
down €4,605 (-29.9%), from €15,400 to €10,795
- Depreciation +€1,382
up €1,382 (+355.8%), from €388 to €1,770
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 | €111,587 | €131,530 | +€19,943 | +17.9% |
| Fixed assets | 21/28 | €762 | €24,025 | +€23,262 | +3051.3% |
| Tangible fixed assets | 22/27 | €762 | €24,025 | +€23,262 | +3051.3% |
| Furniture and vehicles | 24 | €762 | €24,025 | +€23,262 | +3051.3% |
| Current assets | 29/58 | €110,824 | €107,505 | -€3,319 | -3.0% |
| Amounts receivable within one year | 40/41 | - | €1,395 | +€1,395 | |
| Trade receivables | 40 | - | €825 | +€825 | |
| Other amounts receivable | 41 | - | €570 | +€570 | |
| Cash at bank and in hand | 54/58 | €110,824 | €106,110 | -€4,714 | -4.3% |
| Total equity and liabilities | 10/49 | €111,587 | €131,530 | +€19,943 | +17.9% |
| Equity | 10/15 | €87,941 | €124,286 | +€36,345 | +41.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,841 | €124,186 | +€36,345 | +41.4% |
| Amounts payable | 17/49 | €23,646 | €7,244 | -€16,402 | -69.4% |
| Amounts payable within one year | 42/48 | €23,646 | €7,244 | -€16,402 | -69.4% |
| Taxes, remuneration and social security | 45 | €21,647 | €6,195 | -€15,453 | -71.4% |
| Taxes | 450/3 | €21,647 | €6,195 | -€15,453 | -71.4% |
| Other amounts payable | 47/48 | €1,998 | €1,049 | -€949 | -47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €388 | €1,770 | +€1,382 | +355.8% |
| Gross operating margin | 9900 | €75,553 | €48,985 | -€26,569 | -35.2% |
| Operating profit (loss) | 9901 | €75,165 | €47,214 | -€27,951 | -37.2% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €387 | €95 | -€293 | -75.5% |
| Recurring financial charges | 65 | €387 | €95 | -€293 | -75.5% |
| Profit (loss) for the period before taxes | 9903 | €74,777 | €47,140 | -€27,638 | -37.0% |
| Income taxes | 67/77 | €15,400 | €10,795 | -€4,605 | -29.9% |
| Profit (loss) for the period | 9904 | €59,377 | €36,345 | -€23,032 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €59,377 | €36,345 | -€23,032 | -38.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.