PNEUMO ROUGUI: 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 ROUGUI
Largest movements
- Cash +€98,076
up €98,076 (+119%), from €82,393 to €180,469
mainly Net result for the year (+€107,062) and Tax, wage and social debts (+€40,579)
- Receivables after one year -€38,568
down €38,568 (-100%), from €38,568 to €0
- Deferred charges and accrued income +€20,873
new in 2025: €20,873
- Receivables within one year +€9,308
up €9,308 (+7.0%), from €133,484 to €142,792
- Tangible fixed assets +€8,960
up €8,960 (+1.7%), from €534,246 to €543,207
of which Furniture and vehicles: +€29,591
- Profit (loss) carried forward +€57,062
up €57,062 (+145%), from €39,435 to €96,498
- Reserves +€50,000
up €50,000 (+28.6%), from €175,000 to €225,000
- Tax, wage and social debts +€40,579
up €40,579 (+219%), from €18,571 to €59,150
- Debts after one year -€37,957
down €37,957 (-7.8%), from €484,606 to €446,649
- Trade debts -€13,831
down €13,831 (-73.5%), from €18,821 to €4,991
- Gross operating margin +€74,240
up €74,240 (+43.5%), from €170,556 to €244,796
- Depreciation -€57,862
down €57,862 (-69.8%), from €82,911 to €25,049
- Financial charges +€49,079
up €49,079 (+188%), from €26,076 to €75,155
- Taxes +€21,354
up €21,354 (+111%), from €19,225 to €40,579
- Other operating charges -€3,494
down €3,494 (-41.5%), from €8,419 to €4,925
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 | €788,691 | €887,342 | +€98,651 | +12.5% |
| Fixed assets | 21/28 | €534,246 | €543,207 | +€8,960 | +1.7% |
| Tangible fixed assets | 22/27 | €534,246 | €543,207 | +€8,960 | +1.7% |
| Land and buildings | 22 | €512,354 | €496,994 | -€15,360 | -3.0% |
| Plant, machinery and equipment | 23 | €21,892 | €16,621 | -€5,271 | -24.1% |
| Furniture and vehicles | 24 | - | €29,591 | +€29,591 | |
| Current assets | 29/58 | €254,445 | €344,135 | +€89,690 | +35.2% |
| Amounts receivable after more than one year | 29 | €38,568 | €0 | -€38,568 | -100% |
| Other amounts receivable | 291 | €38,568 | €0 | -€38,568 | -100% |
| Amounts receivable within one year | 40/41 | €133,484 | €142,792 | +€9,308 | +7.0% |
| Other amounts receivable | 41 | €133,484 | €142,792 | +€9,308 | +7.0% |
| Cash at bank and in hand | 54/58 | €82,393 | €180,469 | +€98,076 | +119% |
| Deferred charges and accrued income | 490/1 | - | €20,873 | +€20,873 | |
| Total equity and liabilities | 10/49 | €788,691 | €887,342 | +€98,651 | +12.5% |
| Equity | 10/15 | €228,695 | €335,758 | +€107,062 | +46.8% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €175,000 | €225,000 | +€50,000 | +28.6% |
| Distributable reserves | 133 | €175,000 | €225,000 | +€50,000 | +28.6% |
| Profit (loss) carried forward | 14 | €39,435 | €96,498 | +€57,062 | +145% |
| Amounts payable | 17/49 | €559,996 | €551,584 | -€8,412 | -1.5% |
| Amounts payable after more than one year | 17 | €484,606 | €446,649 | -€37,957 | -7.8% |
| Financial debts | 170/4 | €484,606 | €446,649 | -€37,957 | -7.8% |
| Amounts payable within one year | 42/48 | €75,389 | €103,321 | +€27,932 | +37.0% |
| Current portion of amounts payable after more than one year | 42 | €37,997 | €39,181 | +€1,184 | +3.1% |
| Trade debts | 44 | €18,821 | €4,991 | -€13,831 | -73.5% |
| Suppliers | 440/4 | €18,821 | €4,991 | -€13,831 | -73.5% |
| Taxes, remuneration and social security | 45 | €18,571 | €59,150 | +€40,579 | +219% |
| Taxes | 450/3 | €18,571 | €59,150 | +€40,579 | +219% |
| Accrued charges and deferred income | 492/3 | - | €1,614 | +€1,614 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,911 | €25,049 | -€57,862 | -69.8% |
| Other operating charges | 640/8 | €8,419 | €4,925 | -€3,494 | -41.5% |
| Gross operating margin | 9900 | €170,556 | €244,796 | +€74,240 | +43.5% |
| Operating profit (loss) | 9901 | €79,226 | €214,822 | +€135,596 | +171% |
| Financial income | 75/76B | €7,895 | €7,974 | +€78 | +1.0% |
| Recurring financial income | 75 | €7,895 | €7,974 | +€78 | +1.0% |
| Financial charges | 65/66B | €26,076 | €75,155 | +€49,079 | +188% |
| Recurring financial charges | 65 | €26,076 | €75,155 | +€49,079 | +188% |
| Profit (loss) for the period before taxes | 9903 | €61,045 | €147,641 | +€86,596 | +142% |
| Income taxes | 67/77 | €19,225 | €40,579 | +€21,354 | +111% |
| Profit (loss) for the period | 9904 | €41,820 | €107,062 | +€65,242 | +156% |
| Profit (loss) for the period to be appropriated | 9905 | €41,820 | €107,062 | +€65,242 | +156% |
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 14 October 2026 via checked.be.