PneumoPlus: 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.
PneumoPlus
Largest movements
- Receivables after one year -€285,000
down €285,000 (-78.5%), from €363,000 to €78,000
- Cash +€136,539
up €136,539 (+187.3%), from €72,904 to €209,443
mainly Receivables after one year (+€285,000) and Net result for the year (+€122,085)
- Deferred charges and accrued income -€19,800
down €19,800 (-21.5%), from €91,911 to €72,110
- Tangible fixed assets -€13,699
down €13,699 (-25.6%), from €53,530 to €39,831
of which Furniture and vehicles: -€10,044
- Other debts -€98,804
down €98,804 (-95.0%), from €103,952 to €5,149
- Reserves -€76,836
down €76,836 (-18.4%), from €417,265 to €340,429
- Debts after one year -€10,983
down €10,983 (-62.8%), from €17,490 to €6,507
- Tax, wage and social debts -€9,087
down €9,087 (-83.0%), from €10,944 to €1,857
- Accrued charges and deferred income +€8,206
up €8,206, from €0 to €8,206
- Gross operating margin +€7,998
up €7,998 (+4.9%), from €163,628 to €171,626
- Financial income -€5,160
down €5,160 (-23.3%), from €22,177 to €17,016
- Depreciation +€3,466
up €3,466 (+33.9%), from €10,234 to €13,699
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 | €581,345 | €399,384 | -€181,961 | -31.3% |
| Fixed assets | 21/28 | €53,530 | €39,831 | -€13,699 | -25.6% |
| Tangible fixed assets | 22/27 | €53,530 | €39,831 | -€13,699 | -25.6% |
| Plant, machinery and equipment | 23 | €18,087 | €14,432 | -€3,655 | -20.2% |
| Furniture and vehicles | 24 | €35,443 | €25,399 | -€10,044 | -28.3% |
| Current assets | 29/58 | €527,815 | €359,554 | -€168,261 | -31.9% |
| Amounts receivable after more than one year | 29 | €363,000 | €78,000 | -€285,000 | -78.5% |
| Other amounts receivable | 291 | €363,000 | €78,000 | -€285,000 | -78.5% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €72,904 | €209,443 | +€136,539 | +187.3% |
| Deferred charges and accrued income | 490/1 | €91,911 | €72,110 | -€19,800 | -21.5% |
| Total equity and liabilities | 10/49 | €581,345 | €399,384 | -€181,961 | -31.3% |
| Equity | 10/15 | €429,665 | €352,829 | -€76,836 | -17.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €417,265 | €340,429 | -€76,836 | -18.4% |
| Distributable reserves | 133 | €417,265 | €340,429 | -€76,836 | -18.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €151,680 | €46,556 | -€105,125 | -69.3% |
| Amounts payable after more than one year | 17 | €17,490 | €6,507 | -€10,983 | -62.8% |
| Financial debts | 170/4 | €17,490 | €6,507 | -€10,983 | -62.8% |
| Amounts payable within one year | 42/48 | €134,191 | €31,843 | -€102,348 | -76.3% |
| Current portion of amounts payable after more than one year | 42 | €10,768 | €10,983 | +€214 | +2.0% |
| Financial debts | 43 | €7,606 | €13,461 | +€5,855 | +77.0% |
| Credit institutions | 430/8 | €7,606 | €13,461 | +€5,855 | +77.0% |
| Trade debts | 44 | €920 | €394 | -€527 | -57.2% |
| Suppliers | 440/4 | €920 | €394 | -€527 | -57.2% |
| Taxes, remuneration and social security | 45 | €10,944 | €1,857 | -€9,087 | -83.0% |
| Taxes | 450/3 | €10,944 | €1,857 | -€9,087 | -83.0% |
| Other amounts payable | 47/48 | €103,952 | €5,149 | -€98,804 | -95.0% |
| Accrued charges and deferred income | 492/3 | €0 | €8,206 | +€8,206 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,234 | €13,699 | +€3,466 | +33.9% |
| Other operating charges | 640/8 | €699 | €691 | -€8 | -1.1% |
| Gross operating margin | 9900 | €163,628 | €171,626 | +€7,998 | +4.9% |
| Operating profit (loss) | 9901 | €152,695 | €157,236 | +€4,540 | +3.0% |
| Financial income | 75/76B | €22,177 | €17,016 | -€5,160 | -23.3% |
| Recurring financial income | 75 | €22,177 | €17,016 | -€5,160 | -23.3% |
| Financial charges | 65/66B | €1,337 | €1,151 | -€186 | -13.9% |
| Recurring financial charges | 65 | €1,337 | €1,151 | -€186 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €173,534 | €173,100 | -€434 | -0.3% |
| Income taxes | 67/77 | €51,018 | €51,016 | -€2 | 0.0% |
| Profit (loss) for the period | 9904 | €122,517 | €122,085 | -€432 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €122,517 | €122,085 | -€432 | -0.4% |
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 30 September 2026 via checked.be.