PAYALO: 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.
PAYALO
Largest movements
- Receivables within one year +€5,195
up €5,195 (+23.2%), from €22,425 to €27,621
of which Trade receivables: +€8,073
- Tangible fixed assets -€2,826
down €2,826 (-33.3%), from €8,479 to €5,653
- Cash +€920
up €920 (+13.6%), from €6,778 to €7,698
mainly Net result for the year (+€4,743) and Depreciation (+€2,826)
- Profit (loss) carried forward +€4,743
up €4,743 (+30.1%), from €15,771 to €20,514
- Tax, wage and social debts -€1,899
down €1,899 (-22.0%), from €8,624 to €6,725
- Gross operating margin +€14,738
up €14,738, from -€1,235 to €13,503
- Turnover +€10,397
up €10,397 (+16.1%), from €64,583 to €74,981
- Taxes +€4,638
new in 2024: €4,638
- Purchases and services -€4,341
down €4,341 (-6.6%), from €65,818 to €61,477
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,313 | €41,471 | +€3,158 | +8.2% |
| Fixed assets | 21/28 | €8,979 | €6,153 | -€2,826 | -31.5% |
| Tangible fixed assets | 22/27 | €8,479 | €5,653 | -€2,826 | -33.3% |
| Furniture and vehicles | 24 | €8,479 | €5,653 | -€2,826 | -33.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €29,334 | €35,319 | +€5,985 | +20.4% |
| Amounts receivable within one year | 40/41 | €22,425 | €27,621 | +€5,195 | +23.2% |
| Trade receivables | 40 | €9,866 | €17,938 | +€8,073 | +81.8% |
| Other amounts receivable | 41 | €12,560 | €9,682 | -€2,877 | -22.9% |
| Cash at bank and in hand | 54/58 | €6,778 | €7,698 | +€920 | +13.6% |
| Deferred charges and accrued income | 490/1 | €131 | - | -€131 | |
| Total equity and liabilities | 10/49 | €38,313 | €41,471 | +€3,158 | +8.2% |
| Equity | 10/15 | €15,891 | €20,634 | +€4,743 | +29.8% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Capital | 10 | €120 | €120 | = | 0.0% |
| Issued capital | 100 | €120 | €120 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,771 | €20,514 | +€4,743 | +30.1% |
| Amounts payable | 17/49 | €22,422 | €20,838 | -€1,585 | -7.1% |
| Amounts payable within one year | 42/48 | €22,422 | €20,838 | -€1,585 | -7.1% |
| Trade debts | 44 | €13,799 | €14,112 | +€314 | +2.3% |
| Suppliers | 440/4 | €13,799 | €14,112 | +€314 | +2.3% |
| Taxes, remuneration and social security | 45 | €8,624 | €6,725 | -€1,899 | -22.0% |
| Taxes | 450/3 | €8,624 | €6,725 | -€1,899 | -22.0% |
| Turnover | 70 | €64,583 | €74,981 | +€10,397 | +16.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €65,818 | €61,477 | -€4,341 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,085 | €2,826 | -€259 | -8.4% |
| Other operating charges | 640/8 | €787 | €403 | -€384 | -48.8% |
| Gross operating margin | 9900 | -€1,235 | €13,503 | +€14,738 | |
| Operating profit (loss) | 9901 | -€5,107 | €10,274 | +€15,381 | |
| Financial charges | 65/66B | €491 | €893 | +€402 | +82.0% |
| Recurring financial charges | 65 | €491 | €153 | -€337 | -68.8% |
| Non-recurring financial charges | 66B | - | €739 | +€739 | |
| Profit (loss) for the period before taxes | 9903 | -€5,597 | €9,381 | +€14,978 | |
| Income taxes | 67/77 | - | €4,638 | +€4,638 | |
| Profit (loss) for the period | 9904 | -€5,597 | €4,743 | +€10,340 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,597 | €4,743 | +€10,340 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.