IMMO PONTHIER: 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.
IMMO PONTHIER
Largest movements
- Receivables within one year -€284,344
down €284,344 (-91.2%), from €311,938 to €27,594
of which Other amounts receivable: -€273,455
- Receivables after one year -€98,000
down €98,000 (-100.0%), from €98,000 to €0
- Tangible fixed assets -€67,563
down €67,563 (-6.2%), from €1.1m to €1.0m
of which Land and buildings: -€39,188
- Cash +€54,849
up €54,849 (+70.7%), from €77,554 to €132,403
mainly Receivables within one year (+€284,344) and Receivables after one year (+€98,000)
- Other debts -€405,518
down €405,518 (-81.1%), from €500,000 to €94,482
- Profit (loss) carried forward +€34,052
up €34,052 (+142.0%), from €23,981 to €58,033
- Reserves -€21,337
down €21,337 (-2.6%), from €835,172 to €813,835
of which Tax-exempt reserves: -€45,319
- Provisions -€20,622
down €20,622 (-13.4%), from €154,214 to €133,592
- Tax, wage and social debts +€17,464
up €17,464 (+237.2%), from €7,362 to €24,826
- Gross operating margin +€16,237
up €16,237 (+19.2%), from €84,630 to €100,868
- Taxes +€11,376
up €11,376 (+120.4%), from €9,450 to €20,826
- Other operating charges +€1,836
up €1,836 (+11.4%), from €16,086 to €17,922
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 | €1,585,570 | €1,190,902 | -€394,668 | -24.9% |
| Fixed assets | 21/28 | €1,096,530 | €1,028,967 | -€67,563 | -6.2% |
| Tangible fixed assets | 22/27 | €1,096,530 | €1,028,967 | -€67,563 | -6.2% |
| Land and buildings | 22 | €928,490 | €889,302 | -€39,188 | -4.2% |
| Plant, machinery and equipment | 23 | €166,540 | €138,165 | -€28,376 | -17.0% |
| Other tangible fixed assets | 26 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €489,039 | €161,935 | -€327,104 | -66.9% |
| Amounts receivable after more than one year | 29 | €98,000 | €0 | -€98,000 | -100.0% |
| Other amounts receivable | 291 | €98,000 | €0 | -€98,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €311,938 | €27,594 | -€284,344 | -91.2% |
| Trade receivables | 40 | €19,235 | €8,346 | -€10,889 | -56.6% |
| Other amounts receivable | 41 | €292,703 | €19,248 | -€273,455 | -93.4% |
| Cash at bank and in hand | 54/58 | €77,554 | €132,403 | +€54,849 | +70.7% |
| Deferred charges and accrued income | 490/1 | €1,548 | €1,938 | +€390 | +25.2% |
| Total equity and liabilities | 10/49 | €1,585,570 | €1,190,902 | -€394,668 | -24.9% |
| Equity | 10/15 | €920,653 | €933,368 | +€12,715 | +1.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €835,172 | €813,835 | -€21,337 | -2.6% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €406,253 | €360,935 | -€45,319 | -11.2% |
| Distributable reserves | 133 | €422,769 | €446,750 | +€23,981 | +5.7% |
| Profit (loss) carried forward | 14 | €23,981 | €58,033 | +€34,052 | +142.0% |
| Provisions and deferred taxes | 16 | €154,214 | €133,592 | -€20,622 | -13.4% |
| Deferred taxes | 168 | €154,214 | €133,592 | -€20,622 | -13.4% |
| Amounts payable | 17/49 | €510,703 | €123,943 | -€386,760 | -75.7% |
| Amounts payable within one year | 42/48 | €509,283 | €120,300 | -€388,983 | -76.4% |
| Trade debts | 44 | €1,921 | €993 | -€928 | -48.3% |
| Suppliers | 440/4 | €1,921 | €993 | -€928 | -48.3% |
| Taxes, remuneration and social security | 45 | €7,362 | €24,826 | +€17,464 | +237.2% |
| Taxes | 450/3 | €7,362 | €24,826 | +€17,464 | +237.2% |
| Other amounts payable | 47/48 | €500,000 | €94,482 | -€405,518 | -81.1% |
| Accrued charges and deferred income | 492/3 | €1,420 | €3,642 | +€2,222 | +156.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,633 | €70,996 | +€363 | +0.5% |
| Other operating charges | 640/8 | €16,086 | €17,922 | +€1,836 | +11.4% |
| Gross operating margin | 9900 | €84,630 | €100,868 | +€16,237 | +19.2% |
| Operating profit (loss) | 9901 | -€2,088 | €11,950 | +€14,038 | |
| Financial income | 75/76B | €1,549 | €1,938 | +€389 | +25.1% |
| Recurring financial income | 75 | €1,549 | €1,938 | +€389 | +25.1% |
| Financial charges | 65/66B | €677 | €970 | +€293 | +43.3% |
| Recurring financial charges | 65 | €677 | €970 | +€293 | +43.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,216 | €12,918 | +€14,135 | |
| Transfer from deferred taxes | 780 | €10,295 | €20,622 | +€10,327 | +100.3% |
| Income taxes | 67/77 | €9,450 | €20,826 | +€11,376 | +120.4% |
| Profit (loss) for the period | 9904 | -€371 | €12,715 | +€13,086 | |
| Transfer from tax-exempt reserves | 789 | €24,352 | €45,319 | +€20,967 | +86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,981 | €58,033 | +€34,052 | +142.0% |
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 11 October 2026 via checked.be.