Pontem: 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.
Pontem
Largest movements
- Cash +€55,066
up €55,066 (+108.6%), from €50,699 to €105,764
mainly Net result for the year (+€50,675) and Current investments (+€11,000)
- Current investments -€11,000
down €11,000 (-68.8%), from €16,000 to €5,000
- Tangible fixed assets -€10,647
down €10,647 (-29.1%), from €36,566 to €25,919
- Deferred charges and accrued income +€3,016
up €3,016 (+86.5%), from €3,485 to €6,501
- Reserves +€50,675
up €50,675 (+71.0%), from €71,410 to €122,085
- Other debts -€12,951
down €12,951 (-96.1%), from €13,477 to €527
- Trade debts +€3,697
up €3,697 (+454.6%), from €813 to €4,511
- Tax, wage and social debts -€2,622
down €2,622 (-16.9%), from €15,482 to €12,860
- Accrued charges and deferred income -€2,023
down €2,023 (-80.3%), from €2,519 to €496
- Gross operating margin +€31,017
up €31,017 (+63.1%), from €49,118 to €80,136
- Taxes +€8,207
up €8,207 (+83.8%), from €9,799 to €18,006
- Financial charges -€1,980
down €1,980 (-74.3%), from €2,664 to €684
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 | €109,043 | €145,478 | +€36,435 | +33.4% |
| Fixed assets | 21/28 | €36,566 | €25,919 | -€10,647 | -29.1% |
| Tangible fixed assets | 22/27 | €36,566 | €25,919 | -€10,647 | -29.1% |
| Furniture and vehicles | 24 | €36,566 | €25,919 | -€10,647 | -29.1% |
| Current assets | 29/58 | €72,477 | €119,559 | +€47,082 | +65.0% |
| Amounts receivable within one year | 40/41 | €2,293 | €2,293 | = | 0.0% |
| Trade receivables | 40 | €2,043 | €2,043 | = | 0.0% |
| Other amounts receivable | 41 | €250 | €250 | = | 0.0% |
| Current investments | 50/53 | €16,000 | €5,000 | -€11,000 | -68.8% |
| Cash at bank and in hand | 54/58 | €50,699 | €105,764 | +€55,066 | +108.6% |
| Deferred charges and accrued income | 490/1 | €3,485 | €6,501 | +€3,016 | +86.5% |
| Total equity and liabilities | 10/49 | €109,043 | €145,478 | +€36,435 | +33.4% |
| Equity | 10/15 | €76,410 | €127,085 | +€50,675 | +66.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €71,410 | €122,085 | +€50,675 | +71.0% |
| Distributable reserves | 133 | €71,410 | €122,085 | +€50,675 | +71.0% |
| Amounts payable | 17/49 | €32,633 | €18,393 | -€14,240 | -43.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €30,114 | €17,897 | -€12,217 | -40.6% |
| Financial debts | 43 | €341 | €0 | -€341 | -100.0% |
| Credit institutions | 430/8 | €341 | €0 | -€341 | -100.0% |
| Trade debts | 44 | €813 | €4,511 | +€3,697 | +454.6% |
| Suppliers | 440/4 | €813 | €4,511 | +€3,697 | +454.6% |
| Taxes, remuneration and social security | 45 | €15,482 | €12,860 | -€2,622 | -16.9% |
| Taxes | 450/3 | €15,482 | €12,860 | -€2,622 | -16.9% |
| Other amounts payable | 47/48 | €13,477 | €527 | -€12,951 | -96.1% |
| Accrued charges and deferred income | 492/3 | €2,519 | €496 | -€2,023 | -80.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,349 | €10,647 | +€298 | +2.9% |
| Other operating charges | 640/8 | €706 | €179 | -€526 | -74.6% |
| Gross operating margin | 9900 | €49,118 | €80,136 | +€31,017 | +63.1% |
| Operating profit (loss) | 9901 | €38,064 | €69,310 | +€31,246 | +82.1% |
| Financial income | 75/76B | - | €55 | +€55 | |
| Recurring financial income | 75 | - | €55 | +€55 | |
| Financial charges | 65/66B | €2,664 | €684 | -€1,980 | -74.3% |
| Recurring financial charges | 65 | €2,664 | €684 | -€1,980 | -74.3% |
| Profit (loss) for the period before taxes | 9903 | €35,399 | €68,681 | +€33,282 | +94.0% |
| Income taxes | 67/77 | €9,799 | €18,006 | +€8,207 | +83.8% |
| Profit (loss) for the period | 9904 | €25,600 | €50,675 | +€25,075 | +97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,600 | €50,675 | +€25,075 | +97.9% |
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 10 October 2026 via checked.be.