PNEUMO-ALLERGY: 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.
PNEUMO-ALLERGY
Largest movements
- Cash +€51,429
up €51,429 (+12.8%), from €402,865 to €454,294
mainly Net result for the year (+€180,039) and Depreciation (+€781)
- Current investments +€28,574
up €28,574 (+11.3%), from €253,126 to €281,699
- Reserves +€98,845
up €98,845 (+17.8%), from €554,243 to €653,088
- Gross operating margin +€43,066
up €43,066 (+20.5%), from €209,877 to €252,943
- Taxes +€12,837
up €12,837 (+19.7%), from €65,103 to €77,941
- Financial income -€5,071
down €5,071 (-40.6%), from €12,492 to €7,421
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 | €729,126 | €817,217 | +€88,091 | +12.1% |
| Fixed assets | 21/28 | €774 | €1,712 | +€938 | +121% |
| Tangible fixed assets | 22/27 | €774 | €712 | -€62 | -8.0% |
| Plant, machinery and equipment | 23 | €318 | - | -€318 | |
| Furniture and vehicles | 24 | €456 | €712 | +€256 | +56.2% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €728,352 | €815,505 | +€87,153 | +12.0% |
| Amounts receivable within one year | 40/41 | €69,013 | €74,245 | +€5,233 | +7.6% |
| Trade receivables | 40 | €1,797 | €2,109 | +€312 | +17.4% |
| Other amounts receivable | 41 | €67,216 | €72,137 | +€4,921 | +7.3% |
| Current investments | 50/53 | €253,126 | €281,699 | +€28,574 | +11.3% |
| Cash at bank and in hand | 54/58 | €402,865 | €454,294 | +€51,429 | +12.8% |
| Deferred charges and accrued income | 490/1 | €3,348 | €5,266 | +€1,918 | +57.3% |
| Total equity and liabilities | 10/49 | €729,126 | €817,217 | +€88,091 | +12.1% |
| Equity | 10/15 | €610,803 | €709,648 | +€98,845 | +16.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €554,243 | €653,088 | +€98,845 | +17.8% |
| Distributable reserves | 133 | €554,243 | €653,088 | +€98,845 | +17.8% |
| Profit (loss) carried forward | 14 | €44,159 | €44,159 | = | 0.0% |
| Amounts payable | 17/49 | €118,323 | €107,569 | -€10,754 | -9.1% |
| Amounts payable within one year | 42/48 | €116,173 | €104,916 | -€11,257 | -9.7% |
| Trade debts | 44 | €5,016 | €3,479 | -€1,537 | -30.6% |
| Suppliers | 440/4 | €5,016 | €3,479 | -€1,537 | -30.6% |
| Taxes, remuneration and social security | 45 | €24,962 | €18,374 | -€6,588 | -26.4% |
| Taxes | 450/3 | €20,642 | €13,914 | -€6,728 | -32.6% |
| Remuneration and social security | 454/9 | €4,320 | €4,460 | +€140 | +3.2% |
| Other amounts payable | 47/48 | €86,195 | €83,064 | -€3,132 | -3.6% |
| Accrued charges and deferred income | 492/3 | €2,150 | €2,653 | +€503 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,238 | €781 | -€2,458 | -75.9% |
| Other operating charges | 640/8 | €607 | €664 | +€57 | +9.4% |
| Gross operating margin | 9900 | €209,877 | €252,943 | +€43,066 | +20.5% |
| Operating profit (loss) | 9901 | €206,031 | €251,498 | +€45,467 | +22.1% |
| Financial income | 75/76B | €12,492 | €7,421 | -€5,071 | -40.6% |
| Recurring financial income | 75 | €12,492 | €7,421 | -€5,071 | -40.6% |
| Financial charges | 65/66B | €1,013 | €939 | -€74 | -7.3% |
| Recurring financial charges | 65 | €1,013 | €939 | -€74 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €217,511 | €257,980 | +€40,469 | +18.6% |
| Income taxes | 67/77 | €65,103 | €77,941 | +€12,837 | +19.7% |
| Profit (loss) for the period | 9904 | €152,407 | €180,039 | +€27,632 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €152,407 | €180,039 | +€27,632 | +18.1% |
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 1 November 2026 via checked.be.