Pneumo-lung H: what changed
Pneumo-lung H
Largest movements
- Cash +€470,185
up €470,185 (+261%), from €180,302 to €650,488
mainly Net result for the year (+€517,436) and Tax, wage and social debts (+€103,664)
- Receivables within one year +€154,385
up €154,385 (+346%), from €44,563 to €198,948
of which Other amounts receivable: +€154,385
- Tangible fixed assets -€18,131
down €18,131 (-23.9%), from €75,904 to €57,773
of which Furniture and vehicles: -€13,746
- Profit (loss) carried forward +€517,436
up €517,436 (+291%), from €178,108 to €695,545
- Tax, wage and social debts +€103,664
up €103,664 (+203%), from €51,013 to €154,677
of which Taxes: +€103,664
- Debts after one year -€11,222
down €11,222 (-28.0%), from €40,012 to €28,790
- Gross operating margin +€472,818
up €472,818 (+208%), from €227,813 to €700,631
- Taxes +€119,251
up €119,251 (+248%), from €48,133 to €167,384
- Other operating charges -€7,424
down €7,424 (-95.6%), from €7,764 to €340
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €304,190 | €908,184 | +€603,994 | +199% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €75,904 | €57,773 | -€18,131 | -23.9% |
| Tangible fixed assets | 22/27 | €75,904 | €57,773 | -€18,131 | -23.9% |
| Plant, machinery and equipment | 23 | €20,810 | €16,425 | -€4,385 | -21.1% |
| Furniture and vehicles | 24 | €55,094 | €41,348 | -€13,746 | -24.9% |
| Current assets | 29/58 | €228,286 | €850,411 | +€622,125 | +273% |
| Amounts receivable within one year | 40/41 | €44,563 | €198,948 | +€154,385 | +346% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €44,563 | €198,948 | +€154,385 | +346% |
| Cash at bank and in hand | 54/58 | €180,302 | €650,488 | +€470,185 | +261% |
| Deferred charges and accrued income | 490/1 | €3,421 | €975 | -€2,446 | -71.5% |
| Total equity and liabilities | 10/49 | €304,190 | €908,184 | +€603,994 | +199% |
| Equity | 10/15 | €179,608 | €697,045 | +€517,436 | +288% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €178,108 | €695,545 | +€517,436 | +291% |
| Amounts payable | 17/49 | €124,581 | €211,139 | +€86,558 | +69.5% |
| Amounts payable after more than one year | 17 | €40,012 | €28,790 | -€11,222 | -28.0% |
| Financial debts | 170/4 | €40,012 | €28,790 | -€11,222 | -28.0% |
| Amounts payable within one year | 42/48 | €84,570 | €182,350 | +€97,780 | +116% |
| Current portion of amounts payable after more than one year | 42 | €10,838 | €11,222 | +€384 | +3.5% |
| Trade debts | 44 | €22,718 | €16,450 | -€6,268 | -27.6% |
| Suppliers | 440/4 | €22,718 | €16,450 | -€6,268 | -27.6% |
| Taxes, remuneration and social security | 45 | €51,013 | €154,677 | +€103,664 | +203% |
| Taxes | 450/3 | €51,013 | €154,677 | +€103,664 | +203% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,146 | €18,750 | +€6,604 | +54.4% |
| Other operating charges | 640/8 | €7,764 | €340 | -€7,424 | -95.6% |
| Gross operating margin | 9900 | €227,813 | €700,631 | +€472,818 | +208% |
| Operating profit (loss) | 9901 | €207,902 | €681,540 | +€473,638 | +228% |
| Financial income | 75/76B | €419 | €5,338 | +€4,919 | +1,173% |
| Recurring financial income | 75 | €419 | €5,338 | +€4,919 | +1,173% |
| Financial charges | 65/66B | €1,164 | €2,058 | +€894 | +76.8% |
| Recurring financial charges | 65 | €1,164 | €2,058 | +€894 | +76.8% |
| Profit (loss) for the period before taxes | 9903 | €207,157 | €684,820 | +€477,663 | +231% |
| Income taxes | 67/77 | €48,133 | €167,384 | +€119,251 | +248% |
| Profit (loss) for the period | 9904 | €159,024 | €517,436 | +€358,412 | +225% |
| Profit (loss) for the period to be appropriated | 9905 | €159,024 | €517,436 | +€358,412 | +225% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.