PNT NAMUR: 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.
PNT NAMUR
Largest movements
- Receivables after one year +€715,226
new in 2025: €715,226
of which Other amounts receivable: +€546,756
- Receivables within one year -€535,146
no longer reported in 2025 (was €535,146)
of which Other amounts receivable: -€372,004
- Deferred charges and accrued income -€153,596
down €153,596 (-94.7%), from €162,220 to €8,624
- Cash +€21,077
up €21,077 (+181%), from €11,651 to €32,728
mainly Receivables within one year (+€535,146) and Net result for the year (+€243,622)
- Financial fixed assets -€15,000
down €15,000 (-99.7%), from €15,050 to €50
- Trade debts -€319,088
down €319,088 (-80.3%), from €397,521 to €78,433
- Profit (loss) carried forward +€243,622
up €243,622 (+139%), from €175,187 to €418,808
- Other debts +€51,707
new in 2025: €51,707
- Tax, wage and social debts +€46,508
up €46,508 (+119%), from €39,230 to €85,738
of which Taxes: +€50,833
- Short-term financial debts -€14,015
down €14,015 (-10.4%), from €134,470 to €120,455
- Gross operating margin +€217,644
up €217,644 (+246%), from €88,406 to €306,050
- Other operating charges +€25,287
up €25,287 (+319%), from €7,928 to €33,215
- Financial income +€21,231
up €21,231 (+60,763%), from €35 to €21,266
- Depreciation -€9,157
down €9,157 (-31.0%), from €29,504 to €20,347
- Financial charges -€7,835
down €7,835 (-35.3%), from €22,212 to €14,377
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 | €766,868 | €787,352 | +€20,484 | +2.7% |
| Fixed assets | 21/28 | €57,850 | €30,773 | -€27,077 | -46.8% |
| Tangible fixed assets | 22/27 | €42,800 | €30,723 | -€12,077 | -28.2% |
| Land and buildings | 22 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Plant, machinery and equipment | 23 | - | €6,223 | +€6,223 | |
| Furniture and vehicles | 24 | €2,800 | €4,500 | +€1,700 | +60.7% |
| Financial fixed assets | 28 | €15,050 | €50 | -€15,000 | -99.7% |
| Current assets | 29/58 | €709,018 | €756,579 | +€47,561 | +6.7% |
| Amounts receivable after more than one year | 29 | - | €715,226 | +€715,226 | |
| Trade receivables | 290 | - | €168,470 | +€168,470 | |
| Other amounts receivable | 291 | - | €546,756 | +€546,756 | |
| Amounts receivable within one year | 40/41 | €535,146 | - | -€535,146 | |
| Trade receivables | 40 | €163,142 | - | -€163,142 | |
| Other amounts receivable | 41 | €372,004 | - | -€372,004 | |
| Cash at bank and in hand | 54/58 | €11,651 | €32,728 | +€21,077 | +181% |
| Deferred charges and accrued income | 490/1 | €162,220 | €8,624 | -€153,596 | -94.7% |
| Total equity and liabilities | 10/49 | €766,868 | €787,352 | +€20,484 | +2.7% |
| Equity | 10/15 | €195,647 | €439,268 | +€243,622 | +125% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,187 | €418,808 | +€243,622 | +139% |
| Amounts payable | 17/49 | €571,221 | €348,084 | -€223,137 | -39.1% |
| Amounts payable within one year | 42/48 | €571,221 | €343,292 | -€227,930 | -39.9% |
| Financial debts | 43 | €134,470 | €120,455 | -€14,015 | -10.4% |
| Credit institutions | 430/8 | €134,470 | €120,455 | -€14,015 | -10.4% |
| Trade debts | 44 | €397,521 | €78,433 | -€319,088 | -80.3% |
| Suppliers | 440/4 | €397,521 | €78,433 | -€319,088 | -80.3% |
| Advances received on contracts in progress | 46 | - | €6,958 | +€6,958 | |
| Taxes, remuneration and social security | 45 | €39,230 | €85,738 | +€46,508 | +119% |
| Taxes | 450/3 | €34,157 | €84,990 | +€50,833 | +149% |
| Remuneration and social security | 454/9 | €5,073 | €749 | -€4,324 | -85.2% |
| Other amounts payable | 47/48 | - | €51,707 | +€51,707 | |
| Accrued charges and deferred income | 492/3 | - | €4,793 | +€4,793 | |
| Remuneration, social security and pensions | 62 | €4,420 | €508 | -€3,912 | -88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,504 | €20,347 | -€9,157 | -31.0% |
| Other operating charges | 640/8 | €7,928 | €33,215 | +€25,287 | +319% |
| Non-recurring operating charges | 66A | €509 | - | -€509 | |
| Gross operating margin | 9900 | €88,406 | €306,050 | +€217,644 | +246% |
| Operating profit (loss) | 9901 | €46,045 | €251,981 | +€205,935 | +447% |
| Financial income | 75/76B | €35 | €21,266 | +€21,231 | +60,763% |
| Recurring financial income | 75 | €35 | €21,266 | +€21,231 | +60,763% |
| Financial charges | 65/66B | €22,212 | €14,377 | -€7,835 | -35.3% |
| Recurring financial charges | 65 | €22,212 | €14,377 | -€7,835 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €23,868 | €258,870 | +€235,002 | +985% |
| Income taxes | 67/77 | €19,040 | €15,248 | -€3,792 | -19.9% |
| Profit (loss) for the period | 9904 | €4,828 | €243,622 | +€238,794 | +4,946% |
| Profit (loss) for the period to be appropriated | 9905 | €4,828 | €243,622 | +€238,794 | +4,946% |
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 24 October 2026 via checked.be.