POINT BLANK: 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.
POINT BLANK
Largest movements
- Current investments +€49,488
up €49,488 (+45.8%), from €108,065 to €157,553
- Tangible fixed assets -€13,924
down €13,924 (-4.7%), from €297,190 to €283,266
of which Land and buildings: -€9,231
- Cash +€11,814
up €11,814 (+14.4%), from €81,842 to €93,656
mainly Net result for the year (+€77,159) and Depreciation (+€26,949)
- Receivables within one year +€11,454
up €11,454 (+19.0%), from €60,215 to €71,669
of which Other amounts receivable: +€7,223
- Reserves +€77,159
up €77,159 (+24.3%), from €317,066 to €394,225
of which Distributable reserves: +€77,159
- Debts after one year -€16,289
down €16,289 (-10.2%), from €159,157 to €142,868
- Tax, wage and social debts +€7,664
up €7,664 (+211.7%), from €3,620 to €11,284
- Trade debts -€6,661
down €6,661 (-61.2%), from €10,882 to €4,220
- Gross operating margin +€72,754
up €72,754 (+249.0%), from €29,215 to €101,969
- Financial income +€40,599
up €40,599 (+16239564.0%), from €0 to €40,599
- Taxes +€24,675
up €24,675 (+3291.5%), from €750 to €25,424
- Financial charges +€4,023
up €4,023 (+64.3%), from €6,254 to €10,277
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 | €548,194 | €606,145 | +€57,951 | +10.6% |
| Fixed assets | 21/28 | €297,190 | €283,266 | -€13,924 | -4.7% |
| Tangible fixed assets | 22/27 | €297,190 | €283,266 | -€13,924 | -4.7% |
| Land and buildings | 22 | €253,302 | €244,071 | -€9,231 | -3.6% |
| Furniture and vehicles | 24 | €36,215 | €37,660 | +€1,445 | +4.0% |
| Leasing and similar rights | 25 | €7,672 | €1,534 | -€6,138 | -80.0% |
| Current assets | 29/58 | €251,004 | €322,879 | +€71,875 | +28.6% |
| Amounts receivable within one year | 40/41 | €60,215 | €71,669 | +€11,454 | +19.0% |
| Trade receivables | 40 | €40,343 | €44,575 | +€4,231 | +10.5% |
| Other amounts receivable | 41 | €19,872 | €27,095 | +€7,223 | +36.3% |
| Current investments | 50/53 | €108,065 | €157,553 | +€49,488 | +45.8% |
| Cash at bank and in hand | 54/58 | €81,842 | €93,656 | +€11,814 | +14.4% |
| Deferred charges and accrued income | 490/1 | €881 | - | -€881 | |
| Total equity and liabilities | 10/49 | €548,194 | €606,145 | +€57,951 | +10.6% |
| Equity | 10/15 | €323,266 | €400,425 | +€77,159 | +23.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €317,066 | €394,225 | +€77,159 | +24.3% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €298,316 | €375,475 | +€77,159 | +25.9% |
| Amounts payable | 17/49 | €224,928 | €205,720 | -€19,208 | -8.5% |
| Amounts payable after more than one year | 17 | €159,157 | €142,868 | -€16,289 | -10.2% |
| Financial debts | 170/4 | €159,157 | €142,868 | -€16,289 | -10.2% |
| Amounts payable within one year | 42/48 | €65,770 | €62,851 | -€2,919 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €40,653 | €36,289 | -€4,364 | -10.7% |
| Trade debts | 44 | €10,882 | €4,220 | -€6,661 | -61.2% |
| Suppliers | 440/4 | €10,882 | €4,220 | -€6,661 | -61.2% |
| Taxes, remuneration and social security | 45 | €3,620 | €11,284 | +€7,664 | +211.7% |
| Taxes | 450/3 | €3,620 | €11,284 | +€7,664 | +211.7% |
| Other amounts payable | 47/48 | €10,615 | €11,058 | +€442 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,382 | €26,949 | +€567 | +2.1% |
| Other operating charges | 640/8 | €2,464 | €2,760 | +€296 | +12.0% |
| Gross operating margin | 9900 | €29,215 | €101,969 | +€72,754 | +249.0% |
| Operating profit (loss) | 9901 | €370 | €72,261 | +€71,891 | +19424.1% |
| Financial income | 75/76B | €0 | €40,599 | +€40,599 | +16239564.0% |
| Recurring financial income | 75 | €0 | €40,599 | +€40,599 | +16239564.0% |
| Financial charges | 65/66B | €6,254 | €10,277 | +€4,023 | +64.3% |
| Recurring financial charges | 65 | €6,254 | €10,277 | +€4,023 | +64.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,883 | €102,583 | +€108,466 | |
| Income taxes | 67/77 | €750 | €25,424 | +€24,675 | +3291.5% |
| Profit (loss) for the period | 9904 | -€6,633 | €77,159 | +€83,792 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,633 | €77,159 | +€83,792 |
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 11 October 2026 via checked.be.