PneumoHS: what changed
Two fiscal 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.
PneumoHS
Largest movements
- Cash +€110,415
up €110,415 (+150.7%), from €73,272 to €183,687
mainly Net result for the year (+€118,091) and Deferred charges and accrued income (+€2,833)
- Tangible fixed assets +€5,870
new in 2025: €5,870
- Deferred charges and accrued income -€2,833
down €2,833 (-70.2%), from €4,033 to €1,200
- Reserves +€118,000
up €118,000 (+196.7%), from €60,000 to €178,000
- Trade debts -€3,558
no longer reported in 2025 (was €3,558)
- Other debts -€2,200
down €2,200 (-58.3%), from €3,773 to €1,573
- Gross operating margin +€85,450
up €85,450 (+126.2%), from €67,722 to €153,172
- Taxes +€19,325
up €19,325 (+133.4%), from €14,488 to €33,813
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.
Cash bridge derived
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 | €77,805 | €191,123 | +€113,318 | +145.6% |
| Fixed assets | 21/28 | - | €5,870 | +€5,870 | |
| Tangible fixed assets | 22/27 | - | €5,870 | +€5,870 | |
| Furniture and vehicles | 24 | - | €5,870 | +€5,870 | |
| Current assets | 29/58 | €77,805 | €185,253 | +€107,448 | +138.1% |
| Amounts receivable within one year | 40/41 | €500 | €366 | -€134 | -26.8% |
| Trade receivables | 40 | - | €366 | +€366 | |
| Other amounts receivable | 41 | €500 | - | -€500 | |
| Cash at bank and in hand | 54/58 | €73,272 | €183,687 | +€110,415 | +150.7% |
| Deferred charges and accrued income | 490/1 | €4,033 | €1,200 | -€2,833 | -70.2% |
| Total equity and liabilities | 10/49 | €77,805 | €191,123 | +€113,318 | +145.6% |
| Equity | 10/15 | €63,264 | €181,355 | +€118,091 | +186.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €60,000 | €178,000 | +€118,000 | +196.7% |
| Distributable reserves | 133 | €60,000 | €178,000 | +€118,000 | +196.7% |
| Profit (loss) carried forward | 14 | €764 | €855 | +€91 | +11.9% |
| Amounts payable | 17/49 | €14,540 | €9,768 | -€4,772 | -32.8% |
| Amounts payable within one year | 42/48 | €13,630 | €9,173 | -€4,457 | -32.7% |
| Trade debts | 44 | €3,558 | - | -€3,558 | |
| Suppliers | 440/4 | €3,558 | - | -€3,558 | |
| Taxes, remuneration and social security | 45 | €6,300 | €7,600 | +€1,300 | +20.6% |
| Taxes | 450/3 | €6,300 | €7,600 | +€1,300 | +20.6% |
| Other amounts payable | 47/48 | €3,773 | €1,573 | -€2,200 | -58.3% |
| Accrued charges and deferred income | 492/3 | €910 | €595 | -€315 | -34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €326 | +€326 | |
| Other operating charges | 640/8 | €285 | €186 | -€99 | -34.8% |
| Gross operating margin | 9900 | €67,722 | €153,172 | +€85,450 | +126.2% |
| Operating profit (loss) | 9901 | €67,437 | €152,661 | +€85,223 | +126.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €95 | €758 | +€663 | +700.8% |
| Recurring financial charges | 65 | €95 | €758 | +€663 | +700.8% |
| Profit (loss) for the period before taxes | 9903 | €67,343 | €151,903 | +€84,560 | +125.6% |
| Income taxes | 67/77 | €14,488 | €33,813 | +€19,325 | +133.4% |
| Profit (loss) for the period | 9904 | €52,855 | €118,091 | +€65,236 | +123.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,855 | €118,091 | +€65,236 | +123.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.