PONSAERTS: what changed
PONSAERTS
Largest movements
- Cash +€30,811
up €30,811 (+80.1%), from €38,483 to €69,294
mainly Net result for the year (+€41,316) and Depreciation (+€12,002)
- Tangible fixed assets -€10,422
down €10,422 (-51.8%), from €20,130 to €9,708
- Receivables after one year -€10,000
down €10,000 (-100%), from €10,000 to €0
- Receivables within one year +€8,358
up €8,358 (+7.5%), from €112,002 to €120,360
of which Other amounts receivable: +€10,327
- Reserves +€17,371
up €17,371 (+11.0%), from €158,151 to €175,521
of which Distributable reserves: +€17,371
- Turnover +€9,897
up €9,897 (+6.7%), from €148,088 to €157,985
- Depreciation -€9,744
down €9,744 (-44.8%), from €21,746 to €12,002
- Taxes +€7,263
up €7,263 (+70.6%), from €10,285 to €17,548
- Purchases and services +€7,079
up €7,079 (+9.2%), from €77,144 to €84,222
- Gross operating margin +€2,818
up €2,818 (+4.0%), from €70,944 to €73,763
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €180,615 | €199,362 | +€18,747 | +10.4% |
| Fixed assets | 21/28 | €20,130 | €9,708 | -€10,422 | -51.8% |
| Tangible fixed assets | 22/27 | €20,130 | €9,708 | -€10,422 | -51.8% |
| Furniture and vehicles | 24 | €20,130 | €9,708 | -€10,422 | -51.8% |
| Current assets | 29/58 | €160,485 | €189,654 | +€29,169 | +18.2% |
| Amounts receivable after more than one year | 29 | €10,000 | €0 | -€10,000 | -100% |
| Other amounts receivable | 291 | €10,000 | €0 | -€10,000 | -100% |
| Amounts receivable within one year | 40/41 | €112,002 | €120,360 | +€8,358 | +7.5% |
| Trade receivables | 40 | €14,234 | €12,265 | -€1,970 | -13.8% |
| Other amounts receivable | 41 | €97,768 | €108,095 | +€10,327 | +10.6% |
| Cash at bank and in hand | 54/58 | €38,483 | €69,294 | +€30,811 | +80.1% |
| Total equity and liabilities | 10/49 | €180,615 | €199,362 | +€18,747 | +10.4% |
| Equity | 10/15 | €170,551 | €187,921 | +€17,371 | +10.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €158,151 | €175,521 | +€17,371 | +11.0% |
| 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 | €9,790 | €9,790 | = | 0.0% |
| Distributable reserves | 133 | €146,501 | €163,872 | +€17,371 | +11.9% |
| Amounts payable | 17/49 | €10,065 | €11,440 | +€1,376 | +13.7% |
| Amounts payable within one year | 42/48 | €10,065 | €11,440 | +€1,376 | +13.7% |
| Trade debts | 44 | €400 | €545 | +€144 | +36.0% |
| Suppliers | 440/4 | €400 | €545 | +€144 | +36.0% |
| Taxes, remuneration and social security | 45 | €9,664 | €10,896 | +€1,231 | +12.7% |
| Taxes | 450/3 | €9,664 | €10,896 | +€1,231 | +12.7% |
| Turnover | 70 | €148,088 | €157,985 | +€9,897 | +6.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €77,144 | €84,222 | +€7,079 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,746 | €12,002 | -€9,744 | -44.8% |
| Other operating charges | 640/8 | €3,192 | €3,294 | +€102 | +3.2% |
| Non-recurring operating charges | 66A | €250 | €180 | -€70 | -27.9% |
| Gross operating margin | 9900 | €70,944 | €73,763 | +€2,818 | +4.0% |
| Operating profit (loss) | 9901 | €45,757 | €58,287 | +€12,530 | +27.4% |
| Financial income | 75/76B | €990 | €662 | -€328 | -33.2% |
| Recurring financial income | 75 | €990 | €662 | -€328 | -33.2% |
| Financial charges | 65/66B | €112 | €85 | -€26 | -23.6% |
| Recurring financial charges | 65 | €112 | €85 | -€26 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €46,635 | €58,863 | +€12,228 | +26.2% |
| Transfer from deferred taxes | 780 | €3,000 | €0 | -€3,000 | -100% |
| Income taxes | 67/77 | €10,285 | €17,548 | +€7,263 | +70.6% |
| Profit (loss) for the period | 9904 | €39,350 | €41,316 | +€1,965 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,350 | €41,316 | +€1,965 | +5.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.