Point-Guard: 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-Guard
Largest movements
- Cash +€48,605
up €48,605 (+20.3%), from €238,906 to €287,511
mainly Net result for the year (+€105,087) and Depreciation (+€7,438)
- Current investments +€35,468
up €35,468 (+18.0%), from €197,044 to €232,512
- Tangible fixed assets -€7,825
down €7,825 (-18.5%), from €42,271 to €34,446
of which Furniture and vehicles: -€4,400
- Reserves +€105,087
up €105,087 (+24.1%), from €436,752 to €541,839
of which Distributable reserves: +€105,087
- Other debts -€21,575
down €21,575 (-68.9%), from €31,322 to €9,747
- Financial income +€16,769
up €16,769 (+232%), from €7,216 to €23,985
- Gross operating margin +€13,922
up €13,922 (+14.7%), from €94,790 to €108,712
- Taxes -€7,007
down €7,007 (-28.4%), from €24,644 to €17,636
- Other operating charges -€4,000
down €4,000 (-70.6%), from €5,667 to €1,666
- Depreciation +€2,298
up €2,298 (+44.7%), from €5,140 to €7,438
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 | €496,792 | €575,706 | +€78,914 | +15.9% |
| Fixed assets | 21/28 | €42,271 | €34,446 | -€7,825 | -18.5% |
| Tangible fixed assets | 22/27 | €42,271 | €34,446 | -€7,825 | -18.5% |
| Land and buildings | 22 | €32,241 | €29,076 | -€3,164 | -9.8% |
| Plant, machinery and equipment | 23 | €300 | €39 | -€261 | -87.1% |
| Furniture and vehicles | 24 | €9,731 | €5,331 | -€4,400 | -45.2% |
| Current assets | 29/58 | €454,520 | €541,260 | +€86,740 | +19.1% |
| Amounts receivable within one year | 40/41 | €17,046 | €19,559 | +€2,513 | +14.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €17,046 | €19,559 | +€2,513 | +14.7% |
| Current investments | 50/53 | €197,044 | €232,512 | +€35,468 | +18.0% |
| Cash at bank and in hand | 54/58 | €238,906 | €287,511 | +€48,605 | +20.3% |
| Deferred charges and accrued income | 490/1 | €1,523 | €1,678 | +€154 | +10.1% |
| Total equity and liabilities | 10/49 | €496,792 | €575,706 | +€78,914 | +15.9% |
| Equity | 10/15 | €455,352 | €560,439 | +€105,087 | +23.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €436,752 | €541,839 | +€105,087 | +24.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €436,752 | €541,839 | +€105,087 | +24.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,439 | €15,267 | -€26,172 | -63.2% |
| Amounts payable within one year | 42/48 | €40,463 | €14,595 | -€25,868 | -63.9% |
| Trade debts | 44 | €573 | €648 | +€75 | +13.1% |
| Suppliers | 440/4 | €573 | €648 | +€75 | +13.1% |
| Taxes, remuneration and social security | 45 | €8,568 | €4,200 | -€4,368 | -51.0% |
| Taxes | 450/3 | €8,568 | €4,200 | -€4,368 | -51.0% |
| Other amounts payable | 47/48 | €31,322 | €9,747 | -€21,575 | -68.9% |
| Accrued charges and deferred income | 492/3 | €976 | €672 | -€304 | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,140 | €7,438 | +€2,298 | +44.7% |
| Other operating charges | 640/8 | €5,667 | €1,666 | -€4,000 | -70.6% |
| Non-recurring operating charges | 66A | - | €388 | +€388 | |
| Gross operating margin | 9900 | €94,790 | €108,712 | +€13,922 | +14.7% |
| Operating profit (loss) | 9901 | €83,983 | €99,220 | +€15,237 | +18.1% |
| Financial income | 75/76B | €7,216 | €23,985 | +€16,769 | +232% |
| Recurring financial income | 75 | €7,216 | €23,985 | +€16,769 | +232% |
| Financial charges | 65/66B | €985 | €482 | -€503 | -51.1% |
| Recurring financial charges | 65 | €985 | €482 | -€503 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | €90,215 | €122,723 | +€32,508 | +36.0% |
| Income taxes | 67/77 | €24,644 | €17,636 | -€7,007 | -28.4% |
| Profit (loss) for the period | 9904 | €65,571 | €105,087 | +€39,516 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,571 | €105,087 | +€39,516 | +60.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.