BC PNEUMOLOGUE: 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.
BC PNEUMOLOGUE
Largest movements
- Cash +€132,216
up €132,216 (+172%), from €76,903 to €209,119
mainly Other debts (+€254,720) and Net result for the year (+€159,515)
- Current investments -€39,771
down €39,771 (-37.0%), from €107,512 to €67,741
- Tangible fixed assets -€9,027
down €9,027 (-35.3%), from €25,592 to €16,564
of which Furniture and vehicles: -€9,474
- Other debts +€254,720
new in 2025: €254,720
- Reserves -€160,485
down €160,485 (-80.5%), from €199,415 to €38,930
of which Distributable reserves: -€160,485
- Tax, wage and social debts +€37,181
up €37,181 (+103%), from €35,924 to €73,105
- Debts after one year -€32,337
down €32,337 (-20.3%), from €159,260 to €126,923
- Accrued charges and deferred income -€10,135
down €10,135 (-83.9%), from €12,086 to €1,951
- Financial charges +€39,299
up €39,299 (+262%), from €14,992 to €54,291
- Taxes -€10,431
down €10,431 (-17.6%), from €59,406 to €48,975
- Financial income +€3,089
up €3,089 (+57.1%), from €5,411 to €8,500
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 | €550,027 | €633,125 | +€83,098 | +15.1% |
| Fixed assets | 21/28 | €25,592 | €16,564 | -€9,027 | -35.3% |
| Tangible fixed assets | 22/27 | €25,592 | €16,564 | -€9,027 | -35.3% |
| Plant, machinery and equipment | 23 | €1,351 | €1,524 | +€172 | +12.7% |
| Furniture and vehicles | 24 | €17,006 | €7,532 | -€9,474 | -55.7% |
| Other tangible fixed assets | 26 | €7,234 | €7,508 | +€274 | +3.8% |
| Current assets | 29/58 | €524,435 | €616,561 | +€92,126 | +17.6% |
| Amounts receivable after more than one year | 29 | €280,000 | €280,000 | = | 0.0% |
| Other amounts receivable | 291 | €280,000 | €280,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €56,457 | €53,555 | -€2,902 | -5.1% |
| Trade receivables | 40 | - | €280 | +€280 | |
| Other amounts receivable | 41 | €56,457 | €53,275 | -€3,182 | -5.6% |
| Current investments | 50/53 | €107,512 | €67,741 | -€39,771 | -37.0% |
| Cash at bank and in hand | 54/58 | €76,903 | €209,119 | +€132,216 | +172% |
| Deferred charges and accrued income | 490/1 | €3,564 | €6,146 | +€2,583 | +72.5% |
| Total equity and liabilities | 10/49 | €550,027 | €633,125 | +€83,098 | +15.1% |
| Equity | 10/15 | €299,665 | €139,180 | -€160,485 | -53.6% |
| Contributions | 10/11 | €100,250 | €100,250 | = | 0.0% |
| Reserves | 13 | €199,415 | €38,930 | -€160,485 | -80.5% |
| Tax-exempt reserves | 132 | €386 | €386 | = | 0.0% |
| Distributable reserves | 133 | €199,029 | €38,544 | -€160,485 | -80.6% |
| Amounts payable | 17/49 | €250,362 | €493,945 | +€243,583 | +97.3% |
| Amounts payable after more than one year | 17 | €159,260 | €126,923 | -€32,337 | -20.3% |
| Financial debts | 170/4 | €159,260 | €126,923 | -€32,337 | -20.3% |
| Amounts payable within one year | 42/48 | €79,016 | €365,071 | +€286,055 | +362% |
| Current portion of amounts payable after more than one year | 42 | €40,654 | €32,337 | -€8,317 | -20.5% |
| Trade debts | 44 | €2,437 | €4,909 | +€2,472 | +101% |
| Suppliers | 440/4 | €2,437 | €4,909 | +€2,472 | +101% |
| Taxes, remuneration and social security | 45 | €35,924 | €73,105 | +€37,181 | +103% |
| Taxes | 450/3 | €35,924 | €73,105 | +€37,181 | +103% |
| Other amounts payable | 47/48 | - | €254,720 | +€254,720 | |
| Accrued charges and deferred income | 492/3 | €12,086 | €1,951 | -€10,135 | -83.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,332 | €11,835 | +€503 | +4.4% |
| Other operating charges | 640/8 | €889 | €238 | -€651 | -73.2% |
| Gross operating margin | 9900 | €265,843 | €266,354 | +€511 | +0.2% |
| Operating profit (loss) | 9901 | €253,623 | €254,281 | +€658 | +0.3% |
| Financial income | 75/76B | €5,411 | €8,500 | +€3,089 | +57.1% |
| Recurring financial income | 75 | €5,411 | €8,500 | +€3,089 | +57.1% |
| Financial charges | 65/66B | €14,992 | €54,291 | +€39,299 | +262% |
| Recurring financial charges | 65 | €14,992 | €54,291 | +€39,299 | +262% |
| Profit (loss) for the period before taxes | 9903 | €244,042 | €208,490 | -€35,552 | -14.6% |
| Income taxes | 67/77 | €59,406 | €48,975 | -€10,431 | -17.6% |
| Profit (loss) for the period | 9904 | €184,636 | €159,515 | -€25,121 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €184,636 | €159,515 | -€25,121 | -13.6% |
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 26 October 2026 via checked.be.