PONO: 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.
PONO
Largest movements
- Receivables within one year +€116,459
up €116,459 (+38.8%), from €299,982 to €416,441
of which Other amounts receivable: +€102,680
- Reserves +€101,000
up €101,000 (+47.2%), from €214,200 to €315,200
of which Distributable reserves: +€101,000
- Tax, wage and social debts +€9,818
up €9,818 (+28.4%), from €34,606 to €44,423
of which Remuneration and social security: +€9,099
- Trade debts +€5,364
up €5,364 (+40.5%), from €13,247 to €18,610
- Turnover -€370,068
down €370,068 (-50.1%), from €739,311 to €369,242
- Gross operating margin -€241,574
down €241,574 (-44.7%), from €539,854 to €298,281
- Purchases and services -€143,046
down €143,046 (-60.7%), from €235,839 to €92,793
- Staff costs -€91,951
down €91,951 (-36.6%), from €251,168 to €159,217
- Taxes -€37,123
down €37,123 (-51.0%), from €72,817 to €35,694
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 | €324,210 | €440,842 | +€116,632 | +36.0% |
| Fixed assets | 21/28 | €11,018 | €9,732 | -€1,285 | -11.7% |
| Tangible fixed assets | 22/27 | €11,018 | €9,732 | -€1,285 | -11.7% |
| Plant, machinery and equipment | 23 | €11,018 | €8,626 | -€2,392 | -21.7% |
| Furniture and vehicles | 24 | - | €1,107 | +€1,107 | |
| Current assets | 29/58 | €313,192 | €431,109 | +€117,917 | +37.7% |
| Amounts receivable within one year | 40/41 | €299,982 | €416,441 | +€116,459 | +38.8% |
| Trade receivables | 40 | €5,279 | €19,058 | +€13,779 | +261.0% |
| Other amounts receivable | 41 | €294,703 | €397,382 | +€102,680 | +34.8% |
| Cash at bank and in hand | 54/58 | €5,000 | €4,650 | -€350 | -7.0% |
| Deferred charges and accrued income | 490/1 | €8,211 | €10,018 | +€1,808 | +22.0% |
| Total equity and liabilities | 10/49 | €324,210 | €440,842 | +€116,632 | +36.0% |
| Equity | 10/15 | €276,358 | €377,734 | +€101,376 | +36.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €214,200 | €315,200 | +€101,000 | +47.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €208,000 | €309,000 | +€101,000 | +48.6% |
| Profit (loss) carried forward | 14 | €158 | €534 | +€376 | +238.5% |
| Provisions and deferred taxes | 16 | - | €74 | +€74 | |
| Provisions for liabilities and charges | 160/5 | - | €74 | +€74 | |
| Pensions and similar obligations | 160 | - | €74 | +€74 | |
| Amounts payable | 17/49 | €47,852 | €63,034 | +€15,182 | +31.7% |
| Amounts payable within one year | 42/48 | €47,852 | €63,034 | +€15,182 | +31.7% |
| Trade debts | 44 | €13,247 | €18,610 | +€5,364 | +40.5% |
| Suppliers | 440/4 | €13,247 | €18,610 | +€5,364 | +40.5% |
| Taxes, remuneration and social security | 45 | €34,606 | €44,423 | +€9,818 | +28.4% |
| Taxes | 450/3 | €6,305 | €7,024 | +€719 | +11.4% |
| Remuneration and social security | 454/9 | €28,300 | €37,399 | +€9,099 | +32.2% |
| Turnover | 70 | €739,311 | €369,242 | -€370,068 | -50.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €235,839 | €92,793 | -€143,046 | -60.7% |
| Remuneration, social security and pensions | 62 | €251,168 | €159,217 | -€91,951 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,423 | €5,122 | +€2,699 | +111.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €74 | +€74 | |
| Other operating charges | 640/8 | €1,883 | €838 | -€1,045 | -55.5% |
| Gross operating margin | 9900 | €539,854 | €298,281 | -€241,574 | -44.7% |
| Operating profit (loss) | 9901 | €284,381 | €133,030 | -€151,350 | -53.2% |
| Financial income | 75/76B | €7,039 | €6,740 | -€299 | -4.2% |
| Recurring financial income | 75 | €7,039 | €6,740 | -€299 | -4.2% |
| Financial charges | 65/66B | €4,245 | €2,700 | -€1,544 | -36.4% |
| Recurring financial charges | 65 | €4,245 | €2,700 | -€1,544 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €287,175 | €137,070 | -€150,105 | -52.3% |
| Income taxes | 67/77 | €72,817 | €35,694 | -€37,123 | -51.0% |
| Profit (loss) for the period | 9904 | €214,358 | €101,376 | -€112,981 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €214,358 | €101,376 | -€112,981 | -52.7% |
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 7 October 2026 via checked.be.