Ponsard Immo: 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.
Ponsard Immo
Largest movements
- Tangible fixed assets -€71,410
down €71,410 (-3.6%), from €2.0m to €1.9m
- Debts after one year -€20,142
down €20,142 (-1.0%), from €2.0m to €2.0m
- Turnover +€60,819
up €60,819 (+53.3%), from €114,100 to €174,919
- Purchases and services +€38,172
up €38,172 (+167%), from €22,866 to €61,038
- Gross operating margin +€22,647
up €22,647 (+24.8%), from €91,234 to €113,881
- Other operating charges -€10,467
no longer reported in 2025 (was €10,467)
- Financial charges +€9,834
up €9,834 (+21.6%), from €45,534 to €55,368
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 | €1,996,037 | €1,944,578 | -€51,459 | -2.6% |
| Fixed assets | 21/28 | €1,992,035 | €1,920,625 | -€71,410 | -3.6% |
| Tangible fixed assets | 22/27 | €1,992,035 | €1,920,625 | -€71,410 | -3.6% |
| Land and buildings | 22 | €1,992,035 | €1,920,625 | -€71,410 | -3.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €4,002 | €23,953 | +€19,951 | +499% |
| Cash at bank and in hand | 54/58 | €4,002 | €23,953 | +€19,951 | +499% |
| Total equity and liabilities | 10/49 | €1,996,037 | €1,944,578 | -€51,459 | -2.6% |
| Equity | 10/15 | -€105,841 | -€118,638 | -€12,797 | -12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,441 | -€137,238 | -€12,797 | -10.3% |
| Amounts payable | 17/49 | €2,101,878 | €2,063,216 | -€38,662 | -1.8% |
| Amounts payable after more than one year | 17 | €2,039,478 | €2,019,336 | -€20,142 | -1.0% |
| Financial debts | 170/4 | €2,039,478 | €2,019,336 | -€20,142 | -1.0% |
| Amounts payable within one year | 42/48 | €62,400 | €43,880 | -€18,520 | -29.7% |
| Other amounts payable | 47/48 | €62,400 | €43,880 | -€18,520 | -29.7% |
| Turnover | 70 | €114,100 | €174,919 | +€60,819 | +53.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €22,866 | €61,038 | +€38,172 | +167% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,310 | €71,310 | = | 0.0% |
| Other operating charges | 640/8 | €10,467 | - | -€10,467 | |
| Gross operating margin | 9900 | €91,234 | €113,881 | +€22,647 | +24.8% |
| Operating profit (loss) | 9901 | €9,457 | €42,571 | +€33,114 | +350% |
| Financial charges | 65/66B | €45,534 | €55,368 | +€9,834 | +21.6% |
| Recurring financial charges | 65 | €45,534 | €55,368 | +€9,834 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | -€36,077 | -€12,797 | +€23,280 | +64.5% |
| Profit (loss) for the period | 9904 | -€36,077 | -€12,797 | +€23,280 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,077 | -€12,797 | +€23,280 | +64.5% |
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 14 October 2026 via checked.be.