DE PUNTZEEF: what changed
Two fiscal 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.
DE PUNTZEEF
Largest movements
- Receivables within one year -€191,709
down €191,709 (-74.1%), from €258,891 to €67,182
of which Trade receivables: -€201,676
- Tangible fixed assets -€87,966
down €87,966 (-13.0%), from €674,824 to €586,858
of which Plant, machinery and equipment: -€53,639
- Cash +€15,082
up €15,082 (+116.0%), from €13,002 to €28,084
mainly Receivables within one year (+€191,709) and Depreciation (+€64,373)
- Stocks and contracts -€12,137
down €12,137 (-91.2%), from €13,313 to €1,176
- Trade debts -€122,644
down €122,644 (-94.2%), from €130,157 to €7,512
- Debts after one year -€66,482
down €66,482 (-25.9%), from €256,990 to €190,508
- Tax, wage and social debts -€59,017
down €59,017 (-83.1%), from €71,013 to €11,996
of which Remuneration and social security: -€30,891
- Other debts -€42,541
down €42,541 (-26.7%), from €159,189 to €116,648
- Profit (loss) carried forward +€15,724
up €15,724 (+13.0%), from -€121,351 to -€105,627
- Gross operating margin -€433,480
down €433,480 (-58.2%), from €744,668 to €311,188
- Staff costs -€381,659
down €381,659 (-64.1%), from €595,651 to €213,992
- Depreciation -€12,527
down €12,527 (-16.3%), from €76,900 to €64,373
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 | €971,518 | €686,932 | -€284,587 | -29.3% |
| Fixed assets | 21/28 | €674,824 | €587,133 | -€87,691 | -13.0% |
| Tangible fixed assets | 22/27 | €674,824 | €586,858 | -€87,966 | -13.0% |
| Land and buildings | 22 | €524,429 | €487,412 | -€37,016 | -7.1% |
| Plant, machinery and equipment | 23 | €150,395 | €96,756 | -€53,639 | -35.7% |
| Furniture and vehicles | 24 | €0 | €2,690 | +€2,690 | |
| Financial fixed assets | 28 | - | €275 | +€275 | |
| Current assets | 29/58 | €296,694 | €99,798 | -€196,896 | -66.4% |
| Stocks and contracts in progress | 3 | €13,313 | €1,176 | -€12,137 | -91.2% |
| Stocks | 30/36 | €13,313 | €1,176 | -€12,137 | -91.2% |
| Amounts receivable within one year | 40/41 | €258,891 | €67,182 | -€191,709 | -74.1% |
| Trade receivables | 40 | €254,793 | €53,117 | -€201,676 | -79.2% |
| Other amounts receivable | 41 | €4,098 | €14,065 | +€9,967 | +243.2% |
| Cash at bank and in hand | 54/58 | €13,002 | €28,084 | +€15,082 | +116.0% |
| Deferred charges and accrued income | 490/1 | €11,489 | €3,356 | -€8,132 | -70.8% |
| Total equity and liabilities | 10/49 | €971,518 | €686,932 | -€284,587 | -29.3% |
| Equity | 10/15 | €284,849 | €300,574 | +€15,724 | +5.5% |
| Contributions | 10/11 | €406,200 | €406,200 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€121,351 | -€105,627 | +€15,724 | +13.0% |
| Amounts payable | 17/49 | €686,669 | €386,358 | -€300,311 | -43.7% |
| Amounts payable after more than one year | 17 | €256,990 | €190,508 | -€66,482 | -25.9% |
| Financial debts | 170/4 | €256,990 | €190,508 | -€66,482 | -25.9% |
| Amounts payable within one year | 42/48 | €402,198 | €169,269 | -€232,929 | -57.9% |
| Current portion of amounts payable after more than one year | 42 | €41,821 | €33,113 | -€8,708 | -20.8% |
| Financial debts | 43 | €19 | €0 | -€19 | -100.0% |
| Credit institutions | 430/8 | €19 | €0 | -€19 | -100.0% |
| Trade debts | 44 | €130,157 | €7,512 | -€122,644 | -94.2% |
| Suppliers | 440/4 | €130,157 | €7,512 | -€122,644 | -94.2% |
| Taxes, remuneration and social security | 45 | €71,013 | €11,996 | -€59,017 | -83.1% |
| Taxes | 450/3 | €36,881 | €8,756 | -€28,125 | -76.3% |
| Remuneration and social security | 454/9 | €34,132 | €3,241 | -€30,891 | -90.5% |
| Other amounts payable | 47/48 | €159,189 | €116,648 | -€42,541 | -26.7% |
| Accrued charges and deferred income | 492/3 | €27,482 | €26,581 | -€901 | -3.3% |
| Non-recurring operating income | 76A | €516 | €0 | -€516 | -100.0% |
| Remuneration, social security and pensions | 62 | €595,651 | €213,992 | -€381,659 | -64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,900 | €64,373 | -€12,527 | -16.3% |
| Other operating charges | 640/8 | €5,605 | €4,538 | -€1,067 | -19.0% |
| Gross operating margin | 9900 | €744,668 | €311,188 | -€433,480 | -58.2% |
| Operating profit (loss) | 9901 | €66,511 | €28,285 | -€38,226 | -57.5% |
| Financial income | 75/76B | €433 | €367 | -€67 | -15.4% |
| Recurring financial income | 75 | €433 | €367 | -€67 | -15.4% |
| Financial charges | 65/66B | €14,446 | €12,927 | -€1,519 | -10.5% |
| Recurring financial charges | 65 | €14,446 | €12,927 | -€1,519 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €52,498 | €15,724 | -€36,774 | -70.0% |
| Profit (loss) for the period | 9904 | €52,498 | €15,724 | -€36,774 | -70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,498 | €15,724 | -€36,774 | -70.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.