Pnelenmans: 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.
Pnelenmans
Largest movements
- Cash +€79
new in 2025: €79
mainly Accrued charges and deferred income (+€387) and Contributions, distributions and other (+€0)
- Receivables within one year +€58
new in 2025: €58
- Accrued charges and deferred income +€387
new in 2025: €387
- Other debts -€185
down €185 (-4.3%), from €4,302 to €4,118
- Profit (loss) carried forward -€66
down €66 (-0.9%), from -€7,302 to -€7,368
- Gross operating margin +€599
no longer reported in 2025 (was -€599)
- Other operating charges +€66
new in 2025: €66
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.
Derived cash bridge
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 | - | €137 | +€137 | |
| Current assets | 29/58 | - | €137 | +€137 | |
| Amounts receivable within one year | 40/41 | - | €58 | +€58 | |
| Other amounts receivable | 41 | - | €58 | +€58 | |
| Cash at bank and in hand | 54/58 | - | €79 | +€79 | |
| Total equity and liabilities | 10/49 | - | €137 | +€137 | |
| Equity | 10/15 | -€4,302 | -€4,368 | -€66 | -1.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,302 | -€7,368 | -€66 | -0.9% |
| Amounts payable | 17/49 | €4,302 | €4,505 | +€203 | +4.7% |
| Amounts payable within one year | 42/48 | €4,302 | €4,118 | -€185 | -4.3% |
| Other amounts payable | 47/48 | €4,302 | €4,118 | -€185 | -4.3% |
| Accrued charges and deferred income | 492/3 | - | €387 | +€387 | |
| Other operating charges | 640/8 | - | €66 | +€66 | |
| Gross operating margin | 9900 | -€599 | - | +€599 | |
| Operating profit (loss) | 9901 | -€599 | -€66 | +€534 | +89.0% |
| Profit (loss) for the period before taxes | 9903 | -€599 | -€66 | +€534 | +89.0% |
| Profit (loss) for the period | 9904 | -€599 | -€66 | +€534 | +89.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€599 | -€66 | +€534 | +89.0% |
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 20 October 2026 via checked.be.