Pont - Express: 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.
Pont - Express
Largest movements
- Receivables within one year -€48,823
down €48,823 (-16.8%), from €291,021 to €242,197
of which Trade receivables: -€52,195
- Cash +€41,715
up €41,715 (+36.1%), from €115,633 to €157,348
mainly Receivables within one year (+€48,823) and Depreciation (+€26,115)
- Tangible fixed assets -€26,115
down €26,115 (-32.4%), from €80,490 to €54,376
of which Furniture and vehicles: -€23,809
- Stocks and contracts +€21,992
up €21,992 (+16.2%), from €135,479 to €157,471
of which Contracts in progress: +€13,384
- Accrued charges and deferred income -€16,686
down €16,686 (-98.9%), from €16,864 to €179
- Other debts +€12,278
up €12,278 (+8.6%), from €143,378 to €155,657
- Trade debts -€12,052
down €12,052 (-13.0%), from €92,778 to €80,726
- Gross operating margin +€30,152
up €30,152 (+32.8%), from €92,024 to €122,177
- Staff costs +€27,797
up €27,797 (+58.3%), from €47,643 to €75,441
- Financial charges -€6,397
down €6,397 (-58.0%), from €11,024 to €4,628
- Other operating charges +€5,722
up €5,722 (+98.3%), from €5,819 to €11,540
- Depreciation +€4,024
up €4,024 (+18.2%), from €22,090 to €26,115
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 | €633,641 | €618,734 | -€14,907 | -2.4% |
| Fixed assets | 21/28 | €80,950 | €54,836 | -€26,115 | -32.3% |
| Tangible fixed assets | 22/27 | €80,490 | €54,376 | -€26,115 | -32.4% |
| Plant, machinery and equipment | 23 | €10,998 | €9,426 | -€1,572 | -14.3% |
| Furniture and vehicles | 24 | €63,701 | €39,892 | -€23,809 | -37.4% |
| Other tangible fixed assets | 26 | €5,792 | €5,058 | -€734 | -12.7% |
| Financial fixed assets | 28 | €460 | €460 | = | 0.0% |
| Current assets | 29/58 | €552,691 | €563,899 | +€11,208 | +2.0% |
| Stocks and contracts in progress | 3 | €135,479 | €157,471 | +€21,992 | +16.2% |
| Stocks | 30/36 | €55,959 | €64,568 | +€8,608 | +15.4% |
| Contracts in progress | 37 | €79,519 | €92,903 | +€13,384 | +16.8% |
| Amounts receivable within one year | 40/41 | €291,021 | €242,197 | -€48,823 | -16.8% |
| Trade receivables | 40 | €287,168 | €234,974 | -€52,195 | -18.2% |
| Other amounts receivable | 41 | €3,852 | €7,224 | +€3,371 | +87.5% |
| Cash at bank and in hand | 54/58 | €115,633 | €157,348 | +€41,715 | +36.1% |
| Deferred charges and accrued income | 490/1 | €10,558 | €6,882 | -€3,677 | -34.8% |
| Total equity and liabilities | 10/49 | €633,641 | €618,734 | -€14,907 | -2.4% |
| Equity | 10/15 | €254,593 | €255,190 | +€597 | +0.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €129,776 | €129,776 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,147 | €22,147 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,147 | €12,147 | = | 0.0% |
| Distributable reserves | 133 | €107,629 | €107,629 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,817 | €25,413 | +€597 | +2.4% |
| Amounts payable | 17/49 | €379,048 | €363,545 | -€15,504 | -4.1% |
| Amounts payable after more than one year | 17 | €94,200 | €94,200 | = | 0.0% |
| Financial debts | 170/4 | €94,200 | €94,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €267,984 | €269,166 | +€1,182 | +0.4% |
| Financial debts | 43 | €5,158 | €5,133 | -€25 | -0.5% |
| Credit institutions | 430/8 | €5,158 | €5,133 | -€25 | -0.5% |
| Trade debts | 44 | €92,778 | €80,726 | -€12,052 | -13.0% |
| Suppliers | 440/4 | €92,778 | €80,726 | -€12,052 | -13.0% |
| Taxes, remuneration and social security | 45 | €26,670 | €27,651 | +€981 | +3.7% |
| Taxes | 450/3 | €11,308 | €10,603 | -€705 | -6.2% |
| Remuneration and social security | 454/9 | €15,362 | €17,048 | +€1,686 | +11.0% |
| Other amounts payable | 47/48 | €143,378 | €155,657 | +€12,278 | +8.6% |
| Accrued charges and deferred income | 492/3 | €16,864 | €179 | -€16,686 | -98.9% |
| Non-recurring operating income | 76A | €1,250 | €0 | -€1,250 | -100.0% |
| Remuneration, social security and pensions | 62 | €47,643 | €75,441 | +€27,797 | +58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,090 | €26,115 | +€4,024 | +18.2% |
| Other operating charges | 640/8 | €5,819 | €11,540 | +€5,722 | +98.3% |
| Gross operating margin | 9900 | €92,024 | €122,177 | +€30,152 | +32.8% |
| Operating profit (loss) | 9901 | €16,472 | €9,081 | -€7,391 | -44.9% |
| Financial income | 75/76B | €234 | €317 | +€83 | +35.6% |
| Recurring financial income | 75 | €234 | €317 | +€83 | +35.6% |
| Financial charges | 65/66B | €11,024 | €4,628 | -€6,397 | -58.0% |
| Recurring financial charges | 65 | €11,024 | €4,628 | -€6,397 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €5,681 | €4,771 | -€911 | -16.0% |
| Income taxes | 67/77 | €5,284 | €4,174 | -€1,110 | -21.0% |
| Profit (loss) for the period | 9904 | €397 | €597 | +€199 | +50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €397 | €597 | +€199 | +50.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.