PONIMO: 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.
PONIMO
Largest movements
- Cash +€602,776
up €602,776 (+52,648%), from €1,145 to €603,921
mainly Investment in fixed assets (net) (+€379,763) and Net result for the year (+€185,586)
- Tangible fixed assets -€393,194
down €393,194 (-74.8%), from €525,640 to €132,446
of which Land and buildings: -€391,230
- Reserves +€185,586
up €185,586 (+86.8%), from €213,778 to €399,364
of which Distributable reserves: +€188,832
- Tax, wage and social debts +€59,308
up €59,308 (+366%), from €16,209 to €75,517
- Other debts -€30,417
down €30,417 (-13.8%), from €220,327 to €189,910
- Gross operating margin +€201,169
up €201,169 (+269%), from €74,846 to €276,015
- Taxes +€61,962
up €61,962 (+914%), from €6,778 to €68,739
- Depreciation -€17,801
down €17,801 (-57.0%), from €31,232 to €13,431
- Financial charges -€17,614
down €17,614 (-93.3%), from €18,887 to €1,273
- Other operating charges +€4,458
up €4,458 (+93.4%), from €4,772 to €9,230
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 | €528,354 | €737,870 | +€209,516 | +39.7% |
| Fixed assets | 21/28 | €525,640 | €132,446 | -€393,194 | -74.8% |
| Tangible fixed assets | 22/27 | €525,640 | €132,446 | -€393,194 | -74.8% |
| Land and buildings | 22 | €516,112 | €124,882 | -€391,230 | -75.8% |
| Plant, machinery and equipment | 23 | €6,418 | €5,280 | -€1,138 | -17.7% |
| Other tangible fixed assets | 26 | €3,110 | €2,284 | -€826 | -26.6% |
| Current assets | 29/58 | €2,714 | €605,424 | +€602,710 | +22,204% |
| Amounts receivable within one year | 40/41 | €120 | - | -€120 | |
| Trade receivables | 40 | €120 | - | -€120 | |
| Cash at bank and in hand | 54/58 | €1,145 | €603,921 | +€602,776 | +52,648% |
| Deferred charges and accrued income | 490/1 | €1,449 | €1,503 | +€54 | +3.7% |
| Total equity and liabilities | 10/49 | €528,354 | €737,870 | +€209,516 | +39.7% |
| Equity | 10/15 | €232,370 | €417,956 | +€185,586 | +79.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €213,778 | €399,364 | +€185,586 | +86.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €61,683 | €58,437 | -€3,246 | -5.3% |
| Distributable reserves | 133 | €150,235 | €339,068 | +€188,832 | +126% |
| Provisions and deferred taxes | 16 | €31,762 | €30,090 | -€1,672 | -5.3% |
| Deferred taxes | 168 | €31,762 | €30,090 | -€1,672 | -5.3% |
| Amounts payable | 17/49 | €264,222 | €289,824 | +€25,602 | +9.7% |
| Amounts payable after more than one year | 17 | €19,052 | €14,970 | -€4,081 | -21.4% |
| Financial debts | 170/4 | €19,052 | €14,970 | -€4,081 | -21.4% |
| Amounts payable within one year | 42/48 | €245,171 | €274,854 | +€29,683 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €7,904 | €8,071 | +€167 | +2.1% |
| Trade debts | 44 | €731 | €1,355 | +€624 | +85.4% |
| Suppliers | 440/4 | €731 | €1,355 | +€624 | +85.4% |
| Taxes, remuneration and social security | 45 | €16,209 | €75,517 | +€59,308 | +366% |
| Taxes | 450/3 | €16,209 | €75,517 | +€59,308 | +366% |
| Other amounts payable | 47/48 | €220,327 | €189,910 | -€30,417 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,232 | €13,431 | -€17,801 | -57.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€573 | -€573 | |
| Other operating charges | 640/8 | €4,772 | €9,230 | +€4,458 | +93.4% |
| Gross operating margin | 9900 | €74,846 | €276,015 | +€201,169 | +269% |
| Operating profit (loss) | 9901 | €38,841 | €253,927 | +€215,085 | +554% |
| Financial charges | 65/66B | €18,887 | €1,273 | -€17,614 | -93.3% |
| Recurring financial charges | 65 | €18,887 | €1,273 | -€17,614 | -93.3% |
| Profit (loss) for the period before taxes | 9903 | €19,954 | €252,653 | +€232,699 | +1,166% |
| Transfer from deferred taxes | 780 | €1,672 | €1,672 | = | 0.0% |
| Income taxes | 67/77 | €6,778 | €68,739 | +€61,962 | +914% |
| Profit (loss) for the period | 9904 | €14,848 | €185,586 | +€170,737 | +1,150% |
| Transfer from tax-exempt reserves | 789 | €3,246 | €3,246 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,095 | €188,832 | +€170,737 | +944% |
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 23 October 2026 via checked.be.