PENTO NEW: 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.
PENTO NEW
Largest movements
- Tangible fixed assets -€92,497
down €92,497 (-81.8%), from €113,077 to €20,580
of which Land and buildings: -€50,782
- Cash +€68,269
up €68,269 (+64.5%), from €105,897 to €174,166
- Receivables within one year -€43,976
down €43,976 (-87.1%), from €50,476 to €6,500
of which Trade receivables: -€50,476
- Trade debts -€37,657
down €37,657 (-53.5%), from €70,334 to €32,677
- Tax, wage and social debts +€36,920
up €36,920 (+90.8%), from €40,654 to €77,574
of which Remuneration and social security: +€28,601
- Accrued charges and deferred income -€31,234
no longer reported in 2025 (was €31,234)
- Profit (loss) carried forward -€18,452
down €18,452 (-137%), from -€13,507 to -€31,959
- Debts after one year -€17,400
down €17,400 (-22.1%), from €78,750 to €61,350
- Purchases and services -€367,268
no longer reported in 2025 (was €367,268)
- Staff costs +€268,658
new in 2025: €268,658
- Gross operating margin +€245,474
up €245,474 (+327%), from €75,121 to €320,595
- Taxes +€3,280
new in 2025: €3,280
- Other operating charges -€3,250
down €3,250 (-68.1%), from €4,769 to €1,519
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €272,634 | €202,777 | -€69,857 | -25.6% |
| Fixed assets | 21/28 | €113,310 | €20,813 | -€92,497 | -81.6% |
| Tangible fixed assets | 22/27 | €113,077 | €20,580 | -€92,497 | -81.8% |
| Land and buildings | 22 | €50,782 | - | -€50,782 | |
| Plant, machinery and equipment | 23 | €2,351 | €1,867 | -€484 | -20.6% |
| Furniture and vehicles | 24 | €59,944 | €14,506 | -€45,438 | -75.8% |
| Other tangible fixed assets | 26 | - | €4,207 | +€4,207 | |
| Financial fixed assets | 28 | €233 | €233 | -€1 | -0.2% |
| Current assets | 29/58 | €159,324 | €181,965 | +€22,641 | +14.2% |
| Stocks and contracts in progress | 3 | €2,814 | €1,298 | -€1,516 | -53.9% |
| Stocks | 30/36 | €2,814 | €1,298 | -€1,516 | -53.9% |
| Amounts receivable within one year | 40/41 | €50,476 | €6,500 | -€43,976 | -87.1% |
| Trade receivables | 40 | €50,476 | - | -€50,476 | |
| Other amounts receivable | 41 | - | €6,500 | +€6,500 | |
| Current investments | 50/53 | €137 | - | -€137 | |
| Cash at bank and in hand | 54/58 | €105,897 | €174,166 | +€68,269 | +64.5% |
| Total equity and liabilities | 10/49 | €272,634 | €202,777 | -€69,857 | -25.6% |
| Equity | 10/15 | €48,466 | €30,014 | -€18,452 | -38.1% |
| Contributions | 10/11 | €61,973 | €61,973 | +€0 | 0.0% |
| Capital | 10 | €61,973 | €61,973 | +€0 | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€13,507 | -€31,959 | -€18,452 | -137% |
| Provisions and deferred taxes | 16 | €1,163 | €1,163 | -€0 | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,163 | €1,163 | -€0 | 0.0% |
| Pensions and similar obligations | 160 | - | €1,163 | +€1,163 | |
| Other liabilities and charges | 164/5 | €1,163 | - | -€1,163 | |
| Amounts payable | 17/49 | €223,005 | €171,601 | -€51,404 | -23.1% |
| Amounts payable after more than one year | 17 | €78,750 | €61,350 | -€17,400 | -22.1% |
| Financial debts | 170/4 | €78,750 | €61,350 | -€17,400 | -22.1% |
| Amounts payable within one year | 42/48 | €113,021 | €110,251 | -€2,770 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €2,033 | - | -€2,033 | |
| Trade debts | 44 | €70,334 | €32,677 | -€37,657 | -53.5% |
| Suppliers | 440/4 | €70,334 | €32,677 | -€37,657 | -53.5% |
| Taxes, remuneration and social security | 45 | €40,654 | €77,574 | +€36,920 | +90.8% |
| Taxes | 450/3 | €37,279 | €45,597 | +€8,318 | +22.3% |
| Remuneration and social security | 454/9 | €3,375 | €31,976 | +€28,601 | +847% |
| Accrued charges and deferred income | 492/3 | €31,234 | - | -€31,234 | |
| Non-recurring operating income | 76A | €442,389 | - | -€442,389 | |
| Goods, raw materials, services and sundry goods | 60/61 | €367,268 | - | -€367,268 | |
| Remuneration, social security and pensions | 62 | - | €268,658 | +€268,658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,135 | €33,949 | +€1,814 | +5.6% |
| Other operating charges | 640/8 | €4,769 | €1,519 | -€3,250 | -68.1% |
| Gross operating margin | 9900 | €75,121 | €320,595 | +€245,474 | +327% |
| Operating profit (loss) | 9901 | €38,217 | €16,468 | -€21,749 | -56.9% |
| Financial income | 75/76B | - | €279 | +€279 | |
| Recurring financial income | 75 | - | €279 | +€279 | |
| Financial charges | 65/66B | €514 | €3,274 | +€2,760 | +537% |
| Recurring financial charges | 65 | €514 | €3,274 | +€2,760 | +537% |
| Profit (loss) for the period before taxes | 9903 | €37,703 | €13,473 | -€24,230 | -64.3% |
| Income taxes | 67/77 | - | €3,280 | +€3,280 | |
| Profit (loss) for the period | 9904 | €37,703 | €10,193 | -€27,510 | -73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,703 | €10,193 | -€27,510 | -73.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.