A Punto: 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.
A Punto
Largest movements
- Receivables within one year -€80,738
down €80,738 (-87.4%), from €92,400 to €11,661
of which Trade receivables: -€77,861
- Cash -€16,936
down €16,936 (-57.9%), from €29,252 to €12,316
mainly Trade debts (-€95,170) and Net result for the year (-€81,964)
- Intangible fixed assets -€11,575
down €11,575 (-20.0%), from €57,832 to €46,256
- Receivables after one year -€7,500
down €7,500 (-100%), from €7,500 to €0
- Trade debts -€95,170
down €95,170 (-89.9%), from €105,842 to €10,671
- Profit (loss) carried forward -€81,964
down €81,964 (-172%), from -€47,524 to -€129,488
- Debts after one year +€62,950
up €62,950 (+202%), from €31,100 to €94,050
- Accrued charges and deferred income -€2,669
down €2,669 (-100%), from €2,669 to €0
- Gross operating margin -€48,872
down €48,872 (-278%), from -€17,567 to -€66,439
- Write-downs +€21,853
up €21,853, from -€21,853 to €0
- Other operating charges -€21,123
down €21,123 (-94.4%), from €22,368 to €1,245
- Depreciation +€11,223
up €11,223 (+2,461%), from €456 to €11,679
- Financial charges -€4,076
down €4,076 (-79.7%), from €5,115 to €1,039
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €187,087 | €70,233 | -€116,853 | -62.5% |
| Fixed assets | 21/28 | €57,935 | €46,256 | -€11,679 | -20.2% |
| Intangible fixed assets | 21 | €57,832 | €46,256 | -€11,575 | -20.0% |
| Tangible fixed assets | 22/27 | €104 | €0 | -€104 | -100% |
| Plant, machinery and equipment | 23 | €104 | €0 | -€104 | -100% |
| Current assets | 29/58 | €129,152 | €23,977 | -€105,174 | -81.4% |
| Amounts receivable after more than one year | 29 | €7,500 | €0 | -€7,500 | -100% |
| Other amounts receivable | 291 | €7,500 | €0 | -€7,500 | -100% |
| Amounts receivable within one year | 40/41 | €92,400 | €11,661 | -€80,738 | -87.4% |
| Trade receivables | 40 | €83,684 | €5,822 | -€77,861 | -93.0% |
| Other amounts receivable | 41 | €8,716 | €5,839 | -€2,877 | -33.0% |
| Cash at bank and in hand | 54/58 | €29,252 | €12,316 | -€16,936 | -57.9% |
| Total equity and liabilities | 10/49 | €187,087 | €70,233 | -€116,853 | -62.5% |
| Equity | 10/15 | €47,476 | -€34,488 | -€81,964 | |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,524 | -€129,488 | -€81,964 | -172% |
| Amounts payable | 17/49 | €139,611 | €104,721 | -€34,890 | -25.0% |
| Amounts payable after more than one year | 17 | €31,100 | €94,050 | +€62,950 | +202% |
| Financial debts | 170/4 | €31,100 | €94,050 | +€62,950 | +202% |
| Amounts payable within one year | 42/48 | €105,842 | €10,671 | -€95,170 | -89.9% |
| Trade debts | 44 | €105,842 | €10,671 | -€95,170 | -89.9% |
| Suppliers | 440/4 | €105,842 | €10,671 | -€95,170 | -89.9% |
| Accrued charges and deferred income | 492/3 | €2,669 | €0 | -€2,669 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €456 | €11,679 | +€11,223 | +2,461% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€21,853 | €0 | +€21,853 | |
| Other operating charges | 640/8 | €22,368 | €1,245 | -€21,123 | -94.4% |
| Non-recurring operating charges | 66A | - | €1,588 | +€1,588 | |
| Gross operating margin | 9900 | -€17,567 | -€66,439 | -€48,872 | -278% |
| Operating profit (loss) | 9901 | -€18,539 | -€80,951 | -€62,412 | -337% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €5,115 | €1,039 | -€4,076 | -79.7% |
| Recurring financial charges | 65 | €5,115 | €1,039 | -€4,076 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | -€23,654 | -€81,964 | -€58,310 | -247% |
| Profit (loss) for the period | 9904 | -€23,654 | -€81,964 | -€58,310 | -247% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,654 | -€81,964 | -€58,310 | -247% |
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 29 October 2026 via checked.be.