PONCE: 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.
PONCE
Largest movements
- Tangible fixed assets +€28,014
up €28,014 (+307.1%), from €9,122 to €37,136
of which Furniture and vehicles: +€28,502
- Intangible fixed assets -€10,000
down €10,000 (-11.8%), from €85,000 to €75,000
- Cash +€8,096
up €8,096 (+54.5%), from €14,852 to €22,948
mainly Depreciation (+€16,902) and Debts after one year (+€13,877)
- Stocks and contracts -€3,621
down €3,621 (-30.3%), from €11,949 to €8,328
- Deferred charges and accrued income +€1,995
up €1,995 (+17.1%), from €11,662 to €13,658
- Debts after one year +€13,877
up €13,877 (+16.1%), from €85,981 to €99,858
- Other debts +€5,909
up €5,909 (+160.6%), from €3,679 to €9,588
- Current portion of long-term debt +€5,751
up €5,751 (+80.2%), from €7,166 to €12,917
- Profit (loss) carried forward -€5,081
down €5,081 (-17.5%), from -€29,110 to -€34,191
- Tax, wage and social debts +€2,640
up €2,640 (+6.4%), from €41,389 to €44,029
of which Taxes: +€2,254
- Gross operating margin +€9,816
up €9,816 (+8.4%), from €116,595 to €126,411
- Staff costs -€9,528
down €9,528 (-9.3%), from €102,420 to €92,891
- Depreciation +€5,020
up €5,020 (+42.2%), from €11,883 to €16,902
- Financial charges +€3,145
up €3,145 (+20.0%), from €15,722 to €18,867
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 | €143,654 | €168,919 | +€25,265 | +17.6% |
| Fixed assets | 21/28 | €94,404 | €112,418 | +€18,014 | +19.1% |
| Intangible fixed assets | 21 | €85,000 | €75,000 | -€10,000 | -11.8% |
| Tangible fixed assets | 22/27 | €9,122 | €37,136 | +€28,014 | +307.1% |
| Plant, machinery and equipment | 23 | €1,769 | €1,281 | -€488 | -27.6% |
| Furniture and vehicles | 24 | €7,353 | €35,855 | +€28,502 | +387.6% |
| Financial fixed assets | 28 | €282 | €282 | = | 0.0% |
| Current assets | 29/58 | €49,250 | €56,501 | +€7,251 | +14.7% |
| Stocks and contracts in progress | 3 | €11,949 | €8,328 | -€3,621 | -30.3% |
| Stocks | 30/36 | €11,949 | €8,328 | -€3,621 | -30.3% |
| Amounts receivable within one year | 40/41 | €10,787 | €11,568 | +€781 | +7.2% |
| Trade receivables | 40 | €263 | €227 | -€35 | -13.5% |
| Other amounts receivable | 41 | €10,525 | €11,341 | +€816 | +7.8% |
| Cash at bank and in hand | 54/58 | €14,852 | €22,948 | +€8,096 | +54.5% |
| Deferred charges and accrued income | 490/1 | €11,662 | €13,658 | +€1,995 | +17.1% |
| Total equity and liabilities | 10/49 | €143,654 | €168,919 | +€25,265 | +17.6% |
| Equity | 10/15 | -€24,110 | -€29,191 | -€5,081 | -21.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,110 | -€34,191 | -€5,081 | -17.5% |
| Amounts payable | 17/49 | €167,765 | €198,110 | +€30,346 | +18.1% |
| Amounts payable after more than one year | 17 | €85,981 | €99,858 | +€13,877 | +16.1% |
| Financial debts | 170/4 | €85,981 | €99,858 | +€13,877 | +16.1% |
| Amounts payable within one year | 42/48 | €81,784 | €98,253 | +€16,469 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €7,166 | €12,917 | +€5,751 | +80.2% |
| Trade debts | 44 | €29,549 | €31,719 | +€2,170 | +7.3% |
| Suppliers | 440/4 | €29,549 | €31,719 | +€2,170 | +7.3% |
| Taxes, remuneration and social security | 45 | €41,389 | €44,029 | +€2,640 | +6.4% |
| Taxes | 450/3 | €30,536 | €32,790 | +€2,254 | +7.4% |
| Remuneration and social security | 454/9 | €10,853 | €11,239 | +€385 | +3.6% |
| Other amounts payable | 47/48 | €3,679 | €9,588 | +€5,909 | +160.6% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €102,420 | €92,891 | -€9,528 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,883 | €16,902 | +€5,020 | +42.2% |
| Other operating charges | 640/8 | €2,748 | €3,041 | +€292 | +10.6% |
| Gross operating margin | 9900 | €116,595 | €126,411 | +€9,816 | +8.4% |
| Operating profit (loss) | 9901 | -€456 | €13,576 | +€14,032 | |
| Financial income | 75/76B | €288 | €519 | +€231 | +80.3% |
| Recurring financial income | 75 | €288 | €519 | +€231 | +80.3% |
| Financial charges | 65/66B | €15,722 | €18,867 | +€3,145 | +20.0% |
| Recurring financial charges | 65 | €15,722 | €18,867 | +€3,145 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,889 | -€4,771 | +€11,118 | +70.0% |
| Income taxes | 67/77 | - | €310 | +€310 | |
| Profit (loss) for the period | 9904 | -€15,889 | -€5,081 | +€10,808 | +68.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,889 | -€5,081 | +€10,808 | +68.0% |
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 29 September 2026 via checked.be.