Ponos: 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.
Ponos
Largest movements
- Cash +€572,901
up €572,901 (+206%), from €278,734 to €851,635
mainly Net result for the year (+€543,554) and Other debts (+€77,842)
- Receivables within one year +€40,972
up €40,972 (+11.6%), from €354,560 to €395,532
of which Trade receivables: +€24,018
- Profit (loss) carried forward +€543,554
up €543,554 (+45.4%), from €1.2m to €1.7m
- Other debts +€77,842
up €77,842 (+5.4%), from €1.4m to €1.5m
- Other operating charges -€71,979
down €71,979 (-86.6%), from €83,091 to €11,112
- Financial charges +€50,315
up €50,315 (+173%), from €29,031 to €79,345
- Depreciation +€8,743
up €8,743 (+39.0%), from €22,413 to €31,156
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 | €3,145,658 | €3,752,485 | +€606,826 | +19.3% |
| Fixed assets | 21/28 | €2,503,848 | €2,477,857 | -€25,991 | -1.0% |
| Tangible fixed assets | 22/27 | €1,803,848 | €1,777,857 | -€25,991 | -1.4% |
| Land and buildings | 22 | €1,782,756 | €1,763,550 | -€19,206 | -1.1% |
| Furniture and vehicles | 24 | €21,092 | €14,306 | -€6,785 | -32.2% |
| Financial fixed assets | 28 | €700,000 | €700,000 | = | 0.0% |
| Current assets | 29/58 | €641,810 | €1,274,628 | +€632,818 | +98.6% |
| Amounts receivable within one year | 40/41 | €354,560 | €395,532 | +€40,972 | +11.6% |
| Trade receivables | 40 | €292,732 | €316,750 | +€24,018 | +8.2% |
| Other amounts receivable | 41 | €61,828 | €78,782 | +€16,954 | +27.4% |
| Cash at bank and in hand | 54/58 | €278,734 | €851,635 | +€572,901 | +206% |
| Deferred charges and accrued income | 490/1 | €8,516 | €27,461 | +€18,945 | +222% |
| Total equity and liabilities | 10/49 | €3,145,658 | €3,752,485 | +€606,826 | +19.3% |
| Equity | 10/15 | €1,575,539 | €2,119,093 | +€543,554 | +34.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €360,244 | €360,244 | = | 0.0% |
| Non-distributable reserves | 130/1 | €825 | €825 | = | 0.0% |
| Reserves not available under the articles | 1311 | €825 | €825 | = | 0.0% |
| Distributable reserves | 133 | €359,418 | €359,418 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,196,695 | €1,740,249 | +€543,554 | +45.4% |
| Amounts payable | 17/49 | €1,570,120 | €1,633,392 | +€63,272 | +4.0% |
| Amounts payable after more than one year | 17 | €96,492 | €90,321 | -€6,171 | -6.4% |
| Financial debts | 170/4 | €96,492 | €90,321 | -€6,171 | -6.4% |
| Amounts payable within one year | 42/48 | €1,465,940 | €1,540,335 | +€74,394 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €6,092 | €6,171 | +€79 | +1.3% |
| Trade debts | 44 | €3,647 | €5,046 | +€1,399 | +38.3% |
| Suppliers | 440/4 | €3,647 | €5,046 | +€1,399 | +38.3% |
| Taxes, remuneration and social security | 45 | €11,389 | €6,464 | -€4,925 | -43.2% |
| Taxes | 450/3 | €11,389 | €6,464 | -€4,925 | -43.2% |
| Other amounts payable | 47/48 | €1,444,812 | €1,522,654 | +€77,842 | +5.4% |
| Accrued charges and deferred income | 492/3 | €7,688 | €2,736 | -€4,952 | -64.4% |
| Non-recurring operating income | 76A | - | €5,860 | +€5,860 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,413 | €31,156 | +€8,743 | +39.0% |
| Other operating charges | 640/8 | €83,091 | €11,112 | -€71,979 | -86.6% |
| Gross operating margin | 9900 | €866,230 | €861,019 | -€5,211 | -0.6% |
| Operating profit (loss) | 9901 | €760,726 | €818,752 | +€58,026 | +7.6% |
| Financial income | 75/76B | €2,476 | €1,977 | -€499 | -20.2% |
| Recurring financial income | 75 | €2,476 | €1,977 | -€499 | -20.2% |
| Financial charges | 65/66B | €29,031 | €79,345 | +€50,315 | +173% |
| Recurring financial charges | 65 | €29,031 | €79,345 | +€50,315 | +173% |
| Profit (loss) for the period before taxes | 9903 | €734,171 | €741,383 | +€7,212 | +1.0% |
| Income taxes | 67/77 | €189,191 | €197,828 | +€8,638 | +4.6% |
| Profit (loss) for the period | 9904 | €544,980 | €543,554 | -€1,426 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €544,980 | €543,554 | -€1,426 | -0.3% |
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 29 October 2026 via checked.be.