PENTA: 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.
What changed
PENTA
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€8,283
2024 · -€15,502+€7,219
Equity
-€103,866
2024 · -€95,583-€8,283
Cash
€6,857
2024 · €5,818+€1,039
Balance sheet total
€1.1m
2024 · €1.1m-€33,233
Largest movements
Assets
- Tangible fixed assets -€30,465
down €30,465 (-2.8%), from €1.1m to €1.0m
of which Land and buildings: -€29,002
Equity and liabilities
- Debts after one year -€51,276
down €51,276 (-5.5%), from €934,702 to €883,427
- Other debts +€25,008
up €25,008 (+13.8%), from €181,021 to €206,029
Income statement
- Gross operating margin +€6,528
up €6,528 (+17.5%), from €37,396 to €43,924
- Financial charges -€901
down €901 (-5.5%), from €16,299 to €15,398
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.
Result 2024
-€15,502
Gross operating margin
+€6,528
Depreciation
-€125
Other operating charges
-€87
Financial income
+€3
Financial charges
+€901
Result 2025
-€8,283
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.
From operations
+€53,648
Investment
-€2,186
Financing
-€50,423
Cash 2024
€5,818
From operations (derived)
+€53,648
Net result for the year
-€8,283
Depreciation
+€33,971
Receivables within one year
+€2,487
Trade debts
+€758
Tax, wage and social debts
-€226
Other debts
+€25,008
Accrued charges and deferred income
-€67
Investment (derived)
-€2,186
Investment in fixed assets (net)
-€2,186
Financing
-€50,423
Debts after one year
-€51,276
Current portion of long-term debt
+€853
Cash 2025
€6,857
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,085,770 | €1,052,537 | -€33,233 | -3.1% |
| Fixed assets | 21/28 | €1,074,708 | €1,042,923 | -€31,785 | -3.0% |
| Intangible fixed assets | 21 | €2,875 | €1,555 | -€1,320 | -45.9% |
| Tangible fixed assets | 22/27 | €1,071,833 | €1,041,367 | -€30,465 | -2.8% |
| Land and buildings | 22 | €1,058,422 | €1,029,421 | -€29,002 | -2.7% |
| Plant, machinery and equipment | 23 | €1,129 | €609 | -€520 | -46.1% |
| Furniture and vehicles | 24 | €6,331 | €5,388 | -€943 | -14.9% |
| Other tangible fixed assets | 26 | €5,950 | €5,950 | = | 0.0% |
| Current assets | 29/58 | €11,062 | €9,614 | -€1,448 | -13.1% |
| Amounts receivable within one year | 40/41 | €5,244 | €2,757 | -€2,487 | -47.4% |
| Trade receivables | 40 | €5,244 | €2,757 | -€2,487 | -47.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €5,818 | €6,857 | +€1,039 | +17.9% |
| Total equity and liabilities | 10/49 | €1,085,770 | €1,052,537 | -€33,233 | -3.1% |
| Equity | 10/15 | -€95,583 | -€103,866 | -€8,283 | -8.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,583 | -€128,866 | -€8,283 | -6.9% |
| Amounts payable | 17/49 | €1,181,353 | €1,156,403 | -€24,950 | -2.1% |
| Amounts payable after more than one year | 17 | €934,702 | €883,427 | -€51,276 | -5.5% |
| Financial debts | 170/4 | €934,702 | €883,427 | -€51,276 | -5.5% |
| Amounts payable within one year | 42/48 | €245,330 | €271,723 | +€26,393 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €54,660 | €55,513 | +€853 | +1.6% |
| Trade debts | 44 | €6,547 | €7,305 | +€758 | +11.6% |
| Suppliers | 440/4 | €6,547 | €7,305 | +€758 | +11.6% |
| Taxes, remuneration and social security | 45 | €3,101 | €2,875 | -€226 | -7.3% |
| Taxes | 450/3 | €3,101 | €2,875 | -€226 | -7.3% |
| Other amounts payable | 47/48 | €181,021 | €206,029 | +€25,008 | +13.8% |
| Accrued charges and deferred income | 492/3 | €1,321 | €1,253 | -€67 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,846 | €33,971 | +€125 | +0.4% |
| Other operating charges | 640/8 | €2,942 | €3,029 | +€87 | +3.0% |
| Gross operating margin | 9900 | €37,396 | €43,924 | +€6,528 | +17.5% |
| Operating profit (loss) | 9901 | €608 | €6,924 | +€6,315 | +1038.3% |
| Financial income | 75/76B | €188 | €191 | +€3 | +1.8% |
| Recurring financial income | 75 | €188 | €191 | +€3 | +1.8% |
| Financial charges | 65/66B | €16,299 | €15,398 | -€901 | -5.5% |
| Recurring financial charges | 65 | €16,299 | €15,398 | -€901 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,502 | -€8,283 | +€7,219 | +46.6% |
| Profit (loss) for the period | 9904 | -€15,502 | -€8,283 | +€7,219 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,502 | -€8,283 | +€7,219 | +46.6% |
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 12 October 2026 via checked.be.