Pointbreak: 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.
Pointbreak
Largest movements
- Receivables within one year -€494,700
down €494,700 (-41.7%), from €1.2m to €692,320
of which Trade receivables: -€635,405
- Cash +€355,601
up €355,601 (+288.1%), from €123,437 to €479,038
mainly Short-term financial debts (+€500,000) and Receivables within one year (+€494,700)
- Stocks and contracts +€107,786
up €107,786 (+46.2%), from €233,398 to €341,184
- Deferred charges and accrued income -€17,282
down €17,282 (-16.7%), from €103,685 to €86,404
- Short-term financial debts +€500,000
up €500,000, from €0 to €500,000
- Trade debts -€407,742
down €407,742 (-48.0%), from €848,769 to €441,027
- Other debts -€247,865
down €247,865 (-100.0%), from €247,865 to €0
- Profit (loss) carried forward +€209,539
up €209,539 (+116.7%), from €179,622 to €389,161
- Accrued charges and deferred income -€110,722
down €110,722 (-36.5%), from €303,295 to €192,573
- Other operating charges -€41,511
down €41,511 (-89.3%), from €46,504 to €4,993
- Gross operating margin -€41,251
down €41,251 (-7.2%), from €574,652 to €533,401
- Write-downs -€38,477
down €38,477 (-100.0%), from €38,477 to €0
- Financial charges +€26,944
up €26,944 (+24.3%), from €110,988 to €137,932
- Staff costs +€22,351
up €22,351 (+21.2%), from €105,558 to €127,909
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 | €1,680,167 | €1,621,065 | -€59,102 | -3.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €32,628 | €22,119 | -€10,508 | -32.2% |
| Tangible fixed assets | 22/27 | €32,628 | €22,119 | -€10,508 | -32.2% |
| Plant, machinery and equipment | 23 | €32,628 | €22,119 | -€10,508 | -32.2% |
| Current assets | 29/58 | €1,647,540 | €1,598,946 | -€48,594 | -2.9% |
| Stocks and contracts in progress | 3 | €233,398 | €341,184 | +€107,786 | +46.2% |
| Stocks | 30/36 | €233,398 | €341,184 | +€107,786 | +46.2% |
| Amounts receivable within one year | 40/41 | €1,187,020 | €692,320 | -€494,700 | -41.7% |
| Trade receivables | 40 | €1,172,548 | €537,144 | -€635,405 | -54.2% |
| Other amounts receivable | 41 | €14,471 | €155,176 | +€140,705 | +972.3% |
| Cash at bank and in hand | 54/58 | €123,437 | €479,038 | +€355,601 | +288.1% |
| Deferred charges and accrued income | 490/1 | €103,685 | €86,404 | -€17,282 | -16.7% |
| Total equity and liabilities | 10/49 | €1,680,167 | €1,621,065 | -€59,102 | -3.5% |
| Equity | 10/15 | €241,922 | €456,811 | +€214,889 | +88.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €800 | €6,150 | +€5,350 | +668.8% |
| Non-distributable reserves | 130/1 | €800 | €6,150 | +€5,350 | +668.8% |
| Legal reserve | 130 | €800 | €6,150 | +€5,350 | +668.8% |
| Profit (loss) carried forward | 14 | €179,622 | €389,161 | +€209,539 | +116.7% |
| Amounts payable | 17/49 | €1,438,246 | €1,164,254 | -€273,991 | -19.1% |
| Amounts payable within one year | 42/48 | €1,134,951 | €971,681 | -€163,270 | -14.4% |
| Financial debts | 43 | €0 | €500,000 | +€500,000 | |
| Credit institutions | 430/8 | €0 | €500,000 | +€500,000 | |
| Trade debts | 44 | €848,769 | €441,027 | -€407,742 | -48.0% |
| Suppliers | 440/4 | €848,769 | €441,027 | -€407,742 | -48.0% |
| Advances received on contracts in progress | 46 | €20,730 | €5,106 | -€15,624 | -75.4% |
| Taxes, remuneration and social security | 45 | €17,586 | €25,548 | +€7,962 | +45.3% |
| Taxes | 450/3 | - | €2,388 | +€2,388 | |
| Remuneration and social security | 454/9 | €17,586 | €23,160 | +€5,574 | +31.7% |
| Other amounts payable | 47/48 | €247,865 | €0 | -€247,865 | -100.0% |
| Accrued charges and deferred income | 492/3 | €303,295 | €192,573 | -€110,722 | -36.5% |
| Remuneration, social security and pensions | 62 | €105,558 | €127,909 | +€22,351 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,556 | €21,432 | +€1,876 | +9.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €38,477 | €0 | -€38,477 | -100.0% |
| Other operating charges | 640/8 | €46,504 | €4,993 | -€41,511 | -89.3% |
| Gross operating margin | 9900 | €574,652 | €533,401 | -€41,251 | -7.2% |
| Operating profit (loss) | 9901 | €364,558 | €379,068 | +€14,510 | +4.0% |
| Financial income | 75/76B | €30,564 | €46,385 | +€15,821 | +51.8% |
| Recurring financial income | 75 | €30,564 | €46,385 | +€15,821 | +51.8% |
| Financial charges | 65/66B | €110,988 | €137,932 | +€26,944 | +24.3% |
| Recurring financial charges | 65 | €110,988 | €137,932 | +€26,944 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €284,134 | €287,521 | +€3,387 | +1.2% |
| Income taxes | 67/77 | €52,746 | €72,632 | +€19,886 | +37.7% |
| Profit (loss) for the period | 9904 | €231,388 | €214,889 | -€16,499 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €231,388 | €214,889 | -€16,499 | -7.1% |
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 7 October 2026 via checked.be.