Ponet Engineering: 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.
Ponet Engineering
Largest movements
- Receivables within one year -€28,830
down €28,830 (-92.6%), from €31,120 to €2,290
- Tangible fixed assets +€2,627
up €2,627 (+24.0%), from €10,925 to €13,552
of which Other tangible fixed assets: +€1,449
- Cash +€2,276
up €2,276 (+31.7%), from €7,169 to €9,445
mainly Receivables within one year (+€28,830) and Advances received (+€16,250)
- Reserves -€42,784
down €42,784 (-60.9%), from €70,223 to €27,439
of which Distributable reserves: -€40,924
- Advances received +€16,250
new in 2025: €16,250
- Other debts +€8,379
new in 2025: €8,379
- Accrued charges and deferred income -€2,235
down €2,235 (-100.0%), from €2,235 to €0
- Short-term financial debts +€2,157
up €2,157 (+103.4%), from €2,086 to €4,244
of which Credit institutions: +€1,869
- Financial income -€1,517
down €1,517 (-49.3%), from €3,077 to €1,560
- Depreciation +€1,230
up €1,230 (+50.1%), from €2,454 to €3,683
- Gross operating margin -€1,009
down €1,009 (-7.7%), from €13,067 to €12,058
- Financial charges -€449
down €449 (-35.4%), from €1,270 to €821
- Other operating charges +€446
up €446 (+44.0%), from €1,014 to €1,460
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 | €115,914 | €92,716 | -€23,198 | -20.0% |
| Fixed assets | 21/28 | €10,925 | €13,552 | +€2,627 | +24.0% |
| Tangible fixed assets | 22/27 | €10,925 | €13,552 | +€2,627 | +24.0% |
| Furniture and vehicles | 24 | €1,888 | €3,067 | +€1,179 | +62.4% |
| Other tangible fixed assets | 26 | €9,036 | €10,485 | +€1,449 | +16.0% |
| Current assets | 29/58 | €104,990 | €79,165 | -€25,825 | -24.6% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,120 | €2,290 | -€28,830 | -92.6% |
| Other amounts receivable | 41 | €31,120 | €2,290 | -€28,830 | -92.6% |
| Cash at bank and in hand | 54/58 | €7,169 | €9,445 | +€2,276 | +31.7% |
| Deferred charges and accrued income | 490/1 | €6,701 | €7,430 | +€729 | +10.9% |
| Total equity and liabilities | 10/49 | €115,914 | €92,716 | -€23,198 | -20.0% |
| Equity | 10/15 | €88,823 | €46,039 | -€42,784 | -48.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,223 | €27,439 | -€42,784 | -60.9% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €68,363 | €27,439 | -€40,924 | -59.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,091 | €46,678 | +€19,587 | +72.3% |
| Amounts payable after more than one year | 17 | €1,045 | €0 | -€1,045 | -100.0% |
| Financial debts | 170/4 | €1,045 | €0 | -€1,045 | -100.0% |
| Amounts payable within one year | 42/48 | €23,811 | €46,678 | +€22,867 | +96.0% |
| Current portion of amounts payable after more than one year | 42 | €5,429 | €3,379 | -€2,051 | -37.8% |
| Financial debts | 43 | €2,086 | €4,244 | +€2,157 | +103.4% |
| Credit institutions | 430/8 | €2,086 | €3,955 | +€1,869 | +89.6% |
| Other loans | 439 | €0 | €289 | +€289 | |
| Trade debts | 44 | €3,563 | €2,203 | -€1,360 | -38.2% |
| Suppliers | 440/4 | €3,563 | €2,203 | -€1,360 | -38.2% |
| Advances received on contracts in progress | 46 | - | €16,250 | +€16,250 | |
| Taxes, remuneration and social security | 45 | €12,732 | €12,223 | -€509 | -4.0% |
| Taxes | 450/3 | €12,732 | €12,223 | -€509 | -4.0% |
| Other amounts payable | 47/48 | - | €8,379 | +€8,379 | |
| Accrued charges and deferred income | 492/3 | €2,235 | €0 | -€2,235 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,454 | €3,683 | +€1,230 | +50.1% |
| Other operating charges | 640/8 | €1,014 | €1,460 | +€446 | +44.0% |
| Gross operating margin | 9900 | €13,067 | €12,058 | -€1,009 | -7.7% |
| Operating profit (loss) | 9901 | €9,600 | €6,915 | -€2,685 | -28.0% |
| Financial income | 75/76B | €3,077 | €1,560 | -€1,517 | -49.3% |
| Recurring financial income | 75 | €3,077 | €1,560 | -€1,517 | -49.3% |
| Financial charges | 65/66B | €1,270 | €821 | -€449 | -35.4% |
| Recurring financial charges | 65 | €1,270 | €821 | -€449 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €11,406 | €7,654 | -€3,752 | -32.9% |
| Income taxes | 67/77 | €5,263 | €4,831 | -€432 | -8.2% |
| Profit (loss) for the period | 9904 | €6,143 | €2,823 | -€3,320 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,143 | €2,823 | -€3,320 | -54.1% |
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 11 October 2026 via checked.be.