PONGPING: 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.
PONGPING
Largest movements
- Tangible fixed assets -€9,368
down €9,368 (-8.1%), from €115,005 to €105,636
of which Land and buildings: -€6,180
- Cash -€4,191
down €4,191 (-62.6%), from €6,699 to €2,507
mainly Debts after one year (-€10,882) and Investment in fixed assets (net) (-€2,588)
- Receivables within one year +€1,587
up €1,587 (+18.8%), from €8,422 to €10,009
of which Trade receivables: +€1,595
- Debts after one year -€10,882
down €10,882 (-19.0%), from €57,331 to €46,449
- Gross operating margin +€1,697
up €1,697 (+12.5%), from €13,536 to €15,233
- Depreciation -€746
down €746 (-5.9%), from €12,703 to €11,957
- Financial charges -€303
down €303 (-13.6%), from €2,221 to €1,918
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 | €130,824 | €118,152 | -€12,672 | -9.7% |
| Fixed assets | 21/28 | €115,005 | €105,636 | -€9,368 | -8.1% |
| Tangible fixed assets | 22/27 | €115,005 | €105,636 | -€9,368 | -8.1% |
| Land and buildings | 22 | €105,829 | €99,649 | -€6,180 | -5.8% |
| Plant, machinery and equipment | 23 | €1,981 | €1,339 | -€642 | -32.4% |
| Furniture and vehicles | 24 | €7,195 | €4,648 | -€2,547 | -35.4% |
| Current assets | 29/58 | €15,820 | €12,516 | -€3,303 | -20.9% |
| Amounts receivable within one year | 40/41 | €8,422 | €10,009 | +€1,587 | +18.8% |
| Trade receivables | 40 | €8,407 | €10,001 | +€1,595 | +19.0% |
| Other amounts receivable | 41 | €15 | €8 | -€8 | -51.1% |
| Cash at bank and in hand | 54/58 | €6,699 | €2,507 | -€4,191 | -62.6% |
| Deferred charges and accrued income | 490/1 | €699 | - | -€699 | |
| Total equity and liabilities | 10/49 | €130,824 | €118,152 | -€12,672 | -9.7% |
| Equity | 10/15 | €39,035 | €38,539 | -€496 | -1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,567 | €44,567 | = | 0.0% |
| Tax-exempt reserves | 132 | €347 | €347 | = | 0.0% |
| Distributable reserves | 133 | €44,220 | €44,220 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,732 | -€12,228 | -€496 | -4.2% |
| Amounts payable | 17/49 | €91,789 | €79,613 | -€12,176 | -13.3% |
| Amounts payable after more than one year | 17 | €57,331 | €46,449 | -€10,882 | -19.0% |
| Financial debts | 170/4 | €57,331 | €46,449 | -€10,882 | -19.0% |
| Amounts payable within one year | 42/48 | €33,458 | €32,093 | -€1,364 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €10,604 | €10,882 | +€277 | +2.6% |
| Trade debts | 44 | €9,212 | €8,982 | -€230 | -2.5% |
| Suppliers | 440/4 | €9,212 | €8,982 | -€230 | -2.5% |
| Advances received on contracts in progress | 46 | €2,438 | €2,438 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €943 | €487 | -€455 | -48.3% |
| Taxes | 450/3 | €943 | €487 | -€455 | -48.3% |
| Other amounts payable | 47/48 | €10,261 | €9,304 | -€957 | -9.3% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,070 | +€70 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,703 | €11,957 | -€746 | -5.9% |
| Other operating charges | 640/8 | €1,695 | €1,554 | -€141 | -8.3% |
| Non-recurring operating charges | 66A | - | €300 | +€300 | |
| Gross operating margin | 9900 | €13,536 | €15,233 | +€1,697 | +12.5% |
| Operating profit (loss) | 9901 | -€862 | €1,422 | +€2,284 | |
| Financial charges | 65/66B | €2,221 | €1,918 | -€303 | -13.6% |
| Recurring financial charges | 65 | €2,221 | €1,918 | -€303 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,083 | -€496 | +€2,587 | +83.9% |
| Profit (loss) for the period | 9904 | -€3,083 | -€496 | +€2,587 | +83.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,083 | -€496 | +€2,587 | +83.9% |
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.