PONT 6: 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.
PONT 6
Largest movements
- Tangible fixed assets +€1.8m
up €1.8m (+135%), from €1.4m to €3.2m
of which Land and buildings: +€2.0m
- Financial fixed assets -€1.6m
down €1.6m (-99.7%), from €1.6m to €5,370
- Stocks and contracts +€260,331
new in 2025: €260,331
- Deferred charges and accrued income -€247,800
down €247,800 (-98.5%), from €251,600 to €3,800
- Receivables within one year +€66,357
up €66,357 (+496%), from €13,367 to €79,724
of which Trade receivables: +€48,976
- Advances received +€442,954
up €442,954 (+1,194%), from €37,113 to €480,068
- Debts after one year +€294,045
up €294,045 (+26.4%), from €1.1m to €1.4m
- Other debts -€224,504
down €224,504 (-44.3%), from €506,360 to €281,857
- Trade debts -€215,637
down €215,637 (-95.9%), from €224,925 to €9,288
- Current portion of long-term debt +€46,869
up €46,869 (+33.9%), from €138,154 to €185,023
- Gross operating margin +€134,982
up €134,982 (+101%), from €133,415 to €268,396
- Depreciation +€109,631
up €109,631 (+77.8%), from €140,880 to €250,511
- Financial income -€28,598
down €28,598 (-100.0%), from €28,601 to €3
- Financial charges +€9,565
up €9,565 (+26.6%), from €35,920 to €45,484
- Taxes +€3,232
up €3,232 (+600%), from €538 to €3,770
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 | €3,258,149 | €3,576,318 | +€318,169 | +9.8% |
| Fixed assets | 21/28 | €2,980,652 | €3,209,032 | +€228,381 | +7.7% |
| Tangible fixed assets | 22/27 | €1,365,282 | €3,203,662 | +€1.8m | +135% |
| Land and buildings | 22 | €819,406 | €2,829,911 | +€2.0m | +245% |
| Plant, machinery and equipment | 23 | €384,124 | €344,125 | -€39,999 | -10.4% |
| Furniture and vehicles | 24 | €161,751 | €29,627 | -€132,125 | -81.7% |
| Financial fixed assets | 28 | €1,615,370 | €5,370 | -€1.6m | -99.7% |
| Current assets | 29/58 | €277,497 | €367,285 | +€89,788 | +32.4% |
| Stocks and contracts in progress | 3 | - | €260,331 | +€260,331 | |
| Stocks | 30/36 | - | €260,331 | +€260,331 | |
| Amounts receivable within one year | 40/41 | €13,367 | €79,724 | +€66,357 | +496% |
| Trade receivables | 40 | €13,359 | €62,334 | +€48,976 | +367% |
| Other amounts receivable | 41 | €9 | €17,390 | +€17,381 | +196,845% |
| Cash at bank and in hand | 54/58 | €12,530 | €23,430 | +€10,901 | +87.0% |
| Deferred charges and accrued income | 490/1 | €251,600 | €3,800 | -€247,800 | -98.5% |
| Total equity and liabilities | 10/49 | €3,258,149 | €3,576,318 | +€318,169 | +9.8% |
| Equity | 10/15 | €761,523 | €725,468 | -€36,055 | -4.7% |
| Contributions | 10/11 | €8,618 | €8,618 | = | 0.0% |
| Contributions outside capital | 11 | €8,618 | €8,618 | = | 0.0% |
| Other | 1109/19 | €8,618 | €8,618 | = | 0.0% |
| Reserves | 13 | €741,941 | €695,577 | -€46,365 | -6.2% |
| Tax-exempt reserves | 132 | €741,672 | €695,307 | -€46,365 | -6.3% |
| Distributable reserves | 133 | €269 | €269 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,964 | €21,273 | +€10,309 | +94.0% |
| Provisions and deferred taxes | 16 | €247,224 | €231,769 | -€15,455 | -6.3% |
| Deferred taxes | 168 | €247,224 | €231,769 | -€15,455 | -6.3% |
| Amounts payable | 17/49 | €2,249,402 | €2,619,081 | +€369,679 | +16.4% |
| Amounts payable after more than one year | 17 | €1,113,395 | €1,407,440 | +€294,045 | +26.4% |
| Financial debts | 170/4 | €1,113,395 | €1,407,440 | +€294,045 | +26.4% |
| Amounts payable within one year | 42/48 | €907,569 | €960,006 | +€52,437 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €138,154 | €185,023 | +€46,869 | +33.9% |
| Trade debts | 44 | €224,925 | €9,288 | -€215,637 | -95.9% |
| Suppliers | 440/4 | €224,925 | €9,288 | -€215,637 | -95.9% |
| Advances received on contracts in progress | 46 | €37,113 | €480,068 | +€442,954 | +1,194% |
| Taxes, remuneration and social security | 45 | €1,016 | €3,770 | +€2,755 | +271% |
| Taxes | 450/3 | €1,016 | €3,770 | +€2,755 | +271% |
| Other amounts payable | 47/48 | €506,360 | €281,857 | -€224,504 | -44.3% |
| Accrued charges and deferred income | 492/3 | €228,438 | €251,635 | +€23,197 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €140,880 | €250,511 | +€109,631 | +77.8% |
| Other operating charges | 640/8 | €5,415 | €5,704 | +€289 | +5.3% |
| Non-recurring operating charges | 66A | - | €14,440 | +€14,440 | |
| Gross operating margin | 9900 | €133,415 | €268,396 | +€134,982 | +101% |
| Operating profit (loss) | 9901 | -€12,880 | -€2,259 | +€10,621 | +82.5% |
| Financial income | 75/76B | €28,601 | €3 | -€28,598 | -100.0% |
| Recurring financial income | 75 | €28,601 | €3 | -€28,598 | -100.0% |
| Financial charges | 65/66B | €35,920 | €45,484 | +€9,565 | +26.6% |
| Recurring financial charges | 65 | €35,920 | €45,484 | +€9,565 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,198 | -€47,740 | -€27,542 | -136% |
| Transfer from deferred taxes | 780 | €6,165 | €15,455 | +€9,290 | +151% |
| Income taxes | 67/77 | €538 | €3,770 | +€3,232 | +600% |
| Profit (loss) for the period | 9904 | -€14,572 | -€36,055 | -€21,484 | -147% |
| Transfer from tax-exempt reserves | 789 | €18,495 | €46,365 | +€27,870 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €3,923 | €10,309 | +€6,386 | +163% |
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 17 October 2026 via checked.be.