PONDERA: 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.
PONDERA
Largest movements
- Cash +€51,968
up €51,968 (+38.4%), from €135,241 to €187,209
mainly Net result for the year (+€39,372) and Depreciation (+€27,493)
- Tangible fixed assets -€27,493
down €27,493 (-33.1%), from €83,105 to €55,611
of which Plant, machinery and equipment: -€20,770
- Profit (loss) carried forward -€127,961
no longer reported in 2025 (was €127,961)
- Reserves +€122,225
up €122,225 (+343%), from €35,608 to €157,833
of which Distributable reserves: +€122,225
- Tax, wage and social debts +€15,531
up €15,531 (+678%), from €2,292 to €17,822
- Other debts +€12,128
up €12,128 (+36.8%), from €32,979 to €45,108
- Taxes +€17,729
up €17,729 (+126%), from €14,119 to €31,849
- Gross operating margin +€12,294
up €12,294 (+13.8%), from €89,142 to €101,436
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 | €231,414 | €253,384 | +€21,970 | +9.5% |
| Fixed assets | 21/28 | €83,105 | €55,611 | -€27,493 | -33.1% |
| Tangible fixed assets | 22/27 | €83,105 | €55,611 | -€27,493 | -33.1% |
| Plant, machinery and equipment | 23 | €65,677 | €44,907 | -€20,770 | -31.6% |
| Furniture and vehicles | 24 | €3,775 | €2,433 | -€1,342 | -35.5% |
| Other tangible fixed assets | 26 | €13,653 | €8,272 | -€5,381 | -39.4% |
| Current assets | 29/58 | €148,309 | €197,773 | +€49,463 | +33.4% |
| Amounts receivable within one year | 40/41 | €13,068 | €10,563 | -€2,505 | -19.2% |
| Trade receivables | 40 | €13,068 | €10,563 | -€2,505 | -19.2% |
| Cash at bank and in hand | 54/58 | €135,241 | €187,209 | +€51,968 | +38.4% |
| Total equity and liabilities | 10/49 | €231,414 | €253,384 | +€21,970 | +9.5% |
| Equity | 10/15 | €169,819 | €164,083 | -€5,736 | -3.4% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Capital | 10 | €6,250 | €6,250 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Uncalled capital | 101 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €35,608 | €157,833 | +€122,225 | +343% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Legal reserve | 130 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €33,108 | €155,333 | +€122,225 | +369% |
| Profit (loss) carried forward | 14 | €127,961 | - | -€127,961 | |
| Provisions and deferred taxes | 16 | €22,000 | €22,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €22,000 | €22,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €22,000 | €22,000 | = | 0.0% |
| Amounts payable | 17/49 | €39,595 | €67,301 | +€27,706 | +70.0% |
| Amounts payable within one year | 42/48 | €39,210 | €66,902 | +€27,691 | +70.6% |
| Trade debts | 44 | €3,939 | €3,971 | +€32 | +0.8% |
| Suppliers | 440/4 | €3,939 | €3,971 | +€32 | +0.8% |
| Taxes, remuneration and social security | 45 | €2,292 | €17,822 | +€15,531 | +678% |
| Taxes | 450/3 | €2,292 | €17,822 | +€15,531 | +678% |
| Other amounts payable | 47/48 | €32,979 | €45,108 | +€12,128 | +36.8% |
| Accrued charges and deferred income | 492/3 | €385 | €400 | +€15 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,270 | €27,493 | +€223 | +0.8% |
| Other operating charges | 640/8 | €2,006 | €2,634 | +€628 | +31.3% |
| Gross operating margin | 9900 | €89,142 | €101,436 | +€12,294 | +13.8% |
| Operating profit (loss) | 9901 | €59,865 | €71,308 | +€11,443 | +19.1% |
| Financial charges | 65/66B | €90 | €88 | -€2 | -1.9% |
| Recurring financial charges | 65 | €90 | €88 | -€2 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €59,775 | €71,220 | +€11,445 | +19.1% |
| Income taxes | 67/77 | €14,119 | €31,849 | +€17,729 | +126% |
| Profit (loss) for the period | 9904 | €45,656 | €39,372 | -€6,285 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,656 | €39,372 | -€6,285 | -13.8% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.