PNEUMOCARE: 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.
PNEUMOCARE
Largest movements
- Current investments -€950,000
down €950,000 (-95.0%), from €1.0m to €50,000
- Receivables within one year +€720,395
up €720,395 (+485%), from €148,667 to €869,062
of which Trade receivables: +€583,873
- Financial fixed assets +€673,577
up €673,577 (+137%), from €490,168 to €1.2m
- Cash +€93,716
up €93,716 (+80.7%), from €116,132 to €209,847
mainly Current investments (+€950,000) and Net result for the year (+€452,834)
- Trade debts +€306,953
up €306,953 (+212%), from €145,109 to €452,062
- Reserves +€301,710
up €301,710 (+16.6%), from €1.8m to €2.1m
- Current portion of long-term debt -€89,784
down €89,784 (-78.4%), from €114,584 to €24,800
- Gross operating margin -€108,851
down €108,851 (-12.9%), from €840,839 to €731,988
- Taxes -€32,687
down €32,687 (-13.0%), from €250,540 to €217,852
- Financial charges +€23,187
up €23,187 (+435%), from €5,332 to €28,520
- Depreciation -€11,299
down €11,299 (-25.0%), from €45,159 to €33,860
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 | €2,388,923 | €2,881,001 | +€492,078 | +20.6% |
| Fixed assets | 21/28 | €1,096,614 | €1,744,610 | +€647,996 | +59.1% |
| Tangible fixed assets | 22/27 | €606,446 | €580,865 | -€25,581 | -4.2% |
| Land and buildings | 22 | €582,791 | €558,099 | -€24,692 | -4.2% |
| Plant, machinery and equipment | 23 | €12,272 | €14,590 | +€2,319 | +18.9% |
| Furniture and vehicles | 24 | €11,384 | €8,175 | -€3,209 | -28.2% |
| Financial fixed assets | 28 | €490,168 | €1,163,745 | +€673,577 | +137% |
| Current assets | 29/58 | €1,292,309 | €1,136,391 | -€155,917 | -12.1% |
| Amounts receivable within one year | 40/41 | €148,667 | €869,062 | +€720,395 | +485% |
| Trade receivables | 40 | €5,986 | €589,860 | +€583,873 | +9,754% |
| Other amounts receivable | 41 | €142,681 | €279,202 | +€136,522 | +95.7% |
| Current investments | 50/53 | €1,000,000 | €50,000 | -€950,000 | -95.0% |
| Cash at bank and in hand | 54/58 | €116,132 | €209,847 | +€93,716 | +80.7% |
| Deferred charges and accrued income | 490/1 | €27,510 | €7,482 | -€20,028 | -72.8% |
| Total equity and liabilities | 10/49 | €2,388,923 | €2,881,001 | +€492,078 | +20.6% |
| Equity | 10/15 | €2,045,954 | €2,347,668 | +€301,714 | +14.7% |
| Contributions | 10/11 | €12,405 | €12,405 | = | 0.0% |
| Reserves | 13 | €1,821,352 | €2,123,062 | +€301,710 | +16.6% |
| Non-distributable reserves | 130/1 | €1,821,352 | €2,123,062 | +€301,710 | +16.6% |
| Reserves not available under the articles | 1311 | €1,821,352 | €2,123,062 | +€301,710 | +16.6% |
| Profit (loss) carried forward | 14 | €212,197 | €212,201 | +€4 | 0.0% |
| Amounts payable | 17/49 | €342,969 | €533,332 | +€190,364 | +55.5% |
| Amounts payable after more than one year | 17 | €24,847 | €8,390 | -€16,457 | -66.2% |
| Financial debts | 170/4 | €24,847 | €8,390 | -€16,457 | -66.2% |
| Amounts payable within one year | 42/48 | €317,637 | €524,443 | +€206,806 | +65.1% |
| Current portion of amounts payable after more than one year | 42 | €114,584 | €24,800 | -€89,784 | -78.4% |
| Financial debts | 43 | - | €29 | +€29 | |
| Credit institutions | 430/8 | - | €29 | +€29 | |
| Trade debts | 44 | €145,109 | €452,062 | +€306,953 | +212% |
| Suppliers | 440/4 | €145,109 | €452,062 | +€306,953 | +212% |
| Taxes, remuneration and social security | 45 | €57,944 | €47,552 | -€10,392 | -17.9% |
| Taxes | 450/3 | €57,563 | €47,170 | -€10,392 | -18.1% |
| Remuneration and social security | 454/9 | €381 | €381 | -€0 | 0.0% |
| Accrued charges and deferred income | 492/3 | €484 | €499 | +€15 | +3.2% |
| Remuneration, social security and pensions | 62 | €65,000 | €60,881 | -€4,119 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,159 | €33,860 | -€11,299 | -25.0% |
| Other operating charges | 640/8 | €1,935 | €2,096 | +€160 | +8.3% |
| Gross operating margin | 9900 | €840,839 | €731,988 | -€108,851 | -12.9% |
| Operating profit (loss) | 9901 | €728,745 | €635,152 | -€93,594 | -12.8% |
| Financial income | 75/76B | €61,382 | €64,054 | +€2,673 | +4.4% |
| Recurring financial income | 75 | €61,382 | €64,054 | +€2,673 | +4.4% |
| Financial charges | 65/66B | €5,332 | €28,520 | +€23,187 | +435% |
| Recurring financial charges | 65 | €5,332 | €28,520 | +€23,187 | +435% |
| Profit (loss) for the period before taxes | 9903 | €784,795 | €670,687 | -€114,108 | -14.5% |
| Income taxes | 67/77 | €250,540 | €217,852 | -€32,687 | -13.0% |
| Profit (loss) for the period | 9904 | €534,255 | €452,834 | -€81,421 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €534,255 | €452,834 | -€81,421 | -15.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.