ANNA PONENTE, Société Notariale: 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.
ANNA PONENTE, Société Notariale
Largest movements
- Current investments -€1.7m
no longer reported in 2025 (was €1.7m)
- Cash -€470,775
down €470,775 (-65.9%), from €714,033 to €243,258
mainly Trade debts (-€2.2m) and Contributions, distributions and other (-€195,766)
- Tangible fixed assets -€81,843
down €81,843 (-15.2%), from €538,925 to €457,082
of which Land and buildings: -€50,210
- Intangible fixed assets -€73,675
down €73,675 (-16.0%), from €460,549 to €386,874
- Receivables within one year -€42,485
down €42,485 (-87.7%), from €48,420 to €5,935
of which Other amounts receivable: -€46,597
- Trade debts -€2.2m
down €2.2m (-99.9%), from €2.2m to €2,677
- Debts after one year -€108,665
down €108,665 (-17.1%), from €633,688 to €525,023
- Other debts -€92,067
down €92,067 (-19.6%), from €470,116 to €378,049
- Gross operating margin +€119,036
up €119,036 (+23.1%), from €515,648 to €634,684
- Taxes +€28,121
up €28,121 (+89.0%), from €31,602 to €59,723
- Depreciation +€13,497
up €13,497 (+9.4%), from €143,041 to €156,538
- Staff costs +€10,566
up €10,566 (+5.3%), from €200,636 to €211,203
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 | €3,441,564 | €1,093,148 | -€2.3m | -68.2% |
| Fixed assets | 21/28 | €999,474 | €843,956 | -€155,518 | -15.6% |
| Intangible fixed assets | 21 | €460,549 | €386,874 | -€73,675 | -16.0% |
| Tangible fixed assets | 22/27 | €538,925 | €457,082 | -€81,843 | -15.2% |
| Land and buildings | 22 | €449,833 | €399,623 | -€50,210 | -11.2% |
| Furniture and vehicles | 24 | €89,092 | €57,459 | -€31,633 | -35.5% |
| Current assets | 29/58 | €2,442,090 | €249,193 | -€2.2m | -89.8% |
| Amounts receivable within one year | 40/41 | €48,420 | €5,935 | -€42,485 | -87.7% |
| Trade receivables | 40 | €1,453 | €5,565 | +€4,112 | +283% |
| Other amounts receivable | 41 | €46,967 | €370 | -€46,597 | -99.2% |
| Current investments | 50/53 | €1,679,638 | - | -€1.7m | |
| Cash at bank and in hand | 54/58 | €714,033 | €243,258 | -€470,775 | -65.9% |
| Total equity and liabilities | 10/49 | €3,441,564 | €1,093,148 | -€2.3m | -68.2% |
| Equity | 10/15 | €4,000 | €4,000 | = | 0.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Amounts payable | 17/49 | €3,437,564 | €1,089,148 | -€2.3m | -68.3% |
| Amounts payable after more than one year | 17 | €633,688 | €525,023 | -€108,665 | -17.1% |
| Financial debts | 170/4 | €633,688 | €525,023 | -€108,665 | -17.1% |
| Amounts payable within one year | 42/48 | €2,803,877 | €564,125 | -€2.2m | -79.9% |
| Current portion of amounts payable after more than one year | 42 | €107,433 | €108,665 | +€1,231 | +1.1% |
| Trade debts | 44 | €2,155,968 | €2,677 | -€2.2m | -99.9% |
| Suppliers | 440/4 | €2,155,968 | €2,677 | -€2.2m | -99.9% |
| Taxes, remuneration and social security | 45 | €70,359 | €74,735 | +€4,375 | +6.2% |
| Taxes | 450/3 | €39,807 | €49,722 | +€9,915 | +24.9% |
| Remuneration and social security | 454/9 | €30,552 | €25,013 | -€5,539 | -18.1% |
| Other amounts payable | 47/48 | €470,116 | €378,049 | -€92,067 | -19.6% |
| Remuneration, social security and pensions | 62 | €200,636 | €211,203 | +€10,566 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,041 | €156,538 | +€13,497 | +9.4% |
| Other operating charges | 640/8 | €4,534 | €8,214 | +€3,681 | +81.2% |
| Non-recurring operating charges | 66A | €106 | - | -€106 | |
| Gross operating margin | 9900 | €515,648 | €634,684 | +€119,036 | +23.1% |
| Operating profit (loss) | 9901 | €167,331 | €258,730 | +€91,398 | +54.6% |
| Financial income | 75/76B | €2,597 | €8,712 | +€6,115 | +235% |
| Recurring financial income | 75 | €2,597 | €8,712 | +€6,115 | +235% |
| Financial charges | 65/66B | €12,238 | €11,953 | -€285 | -2.3% |
| Recurring financial charges | 65 | €12,238 | €11,953 | -€285 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €157,690 | €255,488 | +€97,798 | +62.0% |
| Income taxes | 67/77 | €31,602 | €59,723 | +€28,121 | +89.0% |
| Profit (loss) for the period | 9904 | €126,088 | €195,766 | +€69,677 | +55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €126,088 | €195,766 | +€69,677 | +55.3% |
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 27 October 2026 via checked.be.