PONAMADEV: 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.
PONAMADEV
Largest movements
- Cash -€20,406
down €20,406 (-59.1%), from €34,526 to €14,120
mainly Receivables within one year (-€16,591) and Receivables after one year (-€9,244)
- Receivables within one year +€16,591
up €16,591 (+170%), from €9,735 to €26,327
of which Trade receivables: +€10,801
- Receivables after one year +€9,244
new in 2025: €9,244
- Tangible fixed assets +€1,037
up €1,037 (+11.7%), from €8,836 to €9,873
- Profit (loss) carried forward +€8,155
up €8,155 (+20.5%), from €39,861 to €48,015
- Trade debts -€1,247
down €1,247 (-40.8%), from €3,055 to €1,808
- Gross operating margin -€25,706
down €25,706 (-58.8%), from €43,748 to €18,042
- Taxes -€5,574
down €5,574 (-61.1%), from €9,125 to €3,551
- Depreciation +€2,283
up €2,283 (+124%), from €1,837 to €4,120
- Financial charges -€812
down €812 (-32.4%), from €2,505 to €1,693
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 | €53,671 | €60,116 | +€6,444 | +12.0% |
| Fixed assets | 21/28 | €8,836 | €9,873 | +€1,037 | +11.7% |
| Tangible fixed assets | 22/27 | €8,836 | €9,873 | +€1,037 | +11.7% |
| Furniture and vehicles | 24 | €8,836 | €9,873 | +€1,037 | +11.7% |
| Current assets | 29/58 | €44,835 | €50,242 | +€5,407 | +12.1% |
| Amounts receivable after more than one year | 29 | - | €9,244 | +€9,244 | |
| Other amounts receivable | 291 | - | €9,244 | +€9,244 | |
| Amounts receivable within one year | 40/41 | €9,735 | €26,327 | +€16,591 | +170% |
| Trade receivables | 40 | €9,735 | €20,537 | +€10,801 | +111% |
| Other amounts receivable | 41 | - | €5,790 | +€5,790 | |
| Cash at bank and in hand | 54/58 | €34,526 | €14,120 | -€20,406 | -59.1% |
| Deferred charges and accrued income | 490/1 | €574 | €552 | -€22 | -3.9% |
| Total equity and liabilities | 10/49 | €53,671 | €60,116 | +€6,444 | +12.0% |
| Equity | 10/15 | €42,861 | €51,015 | +€8,155 | +19.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,861 | €48,015 | +€8,155 | +20.5% |
| Amounts payable | 17/49 | €10,811 | €9,100 | -€1,710 | -15.8% |
| Amounts payable within one year | 42/48 | €10,811 | €9,100 | -€1,710 | -15.8% |
| Trade debts | 44 | €3,055 | €1,808 | -€1,247 | -40.8% |
| Suppliers | 440/4 | €3,055 | €1,808 | -€1,247 | -40.8% |
| Taxes, remuneration and social security | 45 | €7,443 | €7,293 | -€150 | -2.0% |
| Taxes | 450/3 | €7,443 | €7,293 | -€150 | -2.0% |
| Other amounts payable | 47/48 | €313 | - | -€313 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,837 | €4,120 | +€2,283 | +124% |
| Other operating charges | 640/8 | €511 | €528 | +€17 | +3.4% |
| Gross operating margin | 9900 | €43,748 | €18,042 | -€25,706 | -58.8% |
| Operating profit (loss) | 9901 | €41,400 | €13,393 | -€28,006 | -67.6% |
| Financial income | 75/76B | €9 | €6 | -€3 | -34.9% |
| Recurring financial income | 75 | €9 | €6 | -€3 | -34.9% |
| Financial charges | 65/66B | €2,505 | €1,693 | -€812 | -32.4% |
| Recurring financial charges | 65 | €2,505 | €1,693 | -€812 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €38,903 | €11,706 | -€27,197 | -69.9% |
| Income taxes | 67/77 | €9,125 | €3,551 | -€5,574 | -61.1% |
| Profit (loss) for the period | 9904 | €29,778 | €8,155 | -€21,623 | -72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,778 | €8,155 | -€21,623 | -72.6% |
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 14 October 2026 via checked.be.