FIRMA DE PUE: what changed
FIRMA DE PUE
Largest movements
- Cash -€3,125
down €3,125 (-86.8%), from €3,602 to €476
mainly Debts after one year (-€10,000) and Investment in fixed assets (net) (-€8,145)
- Deferred charges and accrued income +€1,970
up €1,970 (+61.5%), from €3,203 to €5,172
- Debts after one year -€10,000
down €10,000 (-20.2%), from €49,500 to €39,500
- Other debts +€5,643
up €5,643 (+15.2%), from €37,061 to €42,704
- Reserves +€4,018
up €4,018 (+104%), from €3,859 to €7,877
of which Distributable reserves: +€5,877
- Gross operating margin -€3,645
down €3,645 (-16.3%), from €22,322 to €18,677
- Taxes +€794
up €794 (+55.0%), from €1,443 to €2,237
- Depreciation -€461
down €461 (-5.9%), from €7,768 to €7,307
- Other operating charges +€243
up €243 (+5.0%), from €4,812 to €5,055
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,136 | €143,472 | -€1,664 | -1.1% |
| Fixed assets | 21/28 | €135,884 | €136,722 | +€838 | +0.6% |
| Tangible fixed assets | 22/27 | €135,884 | €136,722 | +€838 | +0.6% |
| Land and buildings | 22 | €135,174 | €136,230 | +€1,057 | +0.8% |
| Plant, machinery and equipment | 23 | €710 | €492 | -€219 | -30.8% |
| Current assets | 29/58 | €9,252 | €6,750 | -€2,502 | -27.0% |
| Amounts receivable within one year | 40/41 | €2,448 | €1,101 | -€1,346 | -55.0% |
| Trade receivables | 40 | €2,448 | €339 | -€2,109 | -86.2% |
| Other amounts receivable | 41 | - | €763 | +€763 | |
| Cash at bank and in hand | 54/58 | €3,602 | €476 | -€3,125 | -86.8% |
| Deferred charges and accrued income | 490/1 | €3,203 | €5,172 | +€1,970 | +61.5% |
| Total equity and liabilities | 10/49 | €145,136 | €143,472 | -€1,664 | -1.1% |
| Equity | 10/15 | €51,625 | €55,643 | +€4,018 | +7.8% |
| Contributions | 10/11 | €15,868 | €15,868 | = | 0.0% |
| Reserves | 13 | €3,859 | €7,877 | +€4,018 | +104% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100% |
| Distributable reserves | 133 | €2,000 | €7,877 | +€5,877 | +294% |
| Profit (loss) carried forward | 14 | €31,898 | €31,898 | = | 0.0% |
| Amounts payable | 17/49 | €93,511 | €87,830 | -€5,681 | -6.1% |
| Amounts payable after more than one year | 17 | €49,500 | €39,500 | -€10,000 | -20.2% |
| Financial debts | 170/4 | €49,500 | €39,500 | -€10,000 | -20.2% |
| Amounts payable within one year | 42/48 | €41,361 | €46,130 | +€4,769 | +11.5% |
| Trade debts | 44 | €2,857 | €1,983 | -€875 | -30.6% |
| Suppliers | 440/4 | €2,857 | €1,983 | -€875 | -30.6% |
| Taxes, remuneration and social security | 45 | €1,443 | €1,443 | = | 0.0% |
| Taxes | 450/3 | €1,443 | €1,443 | = | 0.0% |
| Other amounts payable | 47/48 | €37,061 | €42,704 | +€5,643 | +15.2% |
| Accrued charges and deferred income | 492/3 | €2,650 | €2,200 | -€450 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,768 | €7,307 | -€461 | -5.9% |
| Other operating charges | 640/8 | €4,812 | €5,055 | +€243 | +5.0% |
| Gross operating margin | 9900 | €22,322 | €18,677 | -€3,645 | -16.3% |
| Operating profit (loss) | 9901 | €9,742 | €6,315 | -€3,427 | -35.2% |
| Financial income | 75/76B | €7 | €12 | +€5 | +68.5% |
| Recurring financial income | 75 | €7 | €12 | +€5 | +68.5% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €9,682 | €6,255 | -€3,427 | -35.4% |
| Income taxes | 67/77 | €1,443 | €2,237 | +€794 | +55.0% |
| Profit (loss) for the period | 9904 | €8,239 | €4,018 | -€4,221 | -51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,239 | €4,018 | -€4,221 | -51.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.