Pontes: 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.
What changed
Pontes
NACE 96.302, Personal service activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€85,913
2024 · €482,795-€396,883
Equity
€12.5m
2024 · €12.5m-€2,016
Cash
€570,825
2024 · €1.3m-€692,833
Balance sheet total
€22.0m
2024 · €22.2m-€252,490
Largest movements
Assets
- Cash -€692,833
down €692,833 (-54.8%), from €1.3m to €570,825
mainly Investment in fixed assets (net) (-€1.3m) and Debts after one year (-€905,876)
- Receivables within one year +€496,068
up €496,068 (+47.4%), from €1.0m to €1.5m
of which Other amounts receivable: +€280,685
Equity and liabilities
- Debts after one year -€905,876
down €905,876 (-12.7%), from €7.2m to €6.2m
- Trade debts +€601,710
up €601,710 (+65.2%), from €922,327 to €1.5m
Income statement
- Staff costs +€364,936
up €364,936 (+8.1%), from €4.5m to €4.9m
- Gross operating margin +€239,089
up €239,089 (+3.6%), from €6.6m to €6.8m
- Depreciation -€238,412
down €238,412 (-16.2%), from €1.5m to €1.2m
- Write-downs +€208,011
up €208,011 (+428%), from €48,556 to €256,567
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.
Result 2024
€482,795
Gross operating margin
+€239,089
Staff costs
-€364,936
Depreciation
+€238,412
Write-downs
-€208,011
Other operating charges
-€4,254
Other operating items
-€281,858
Financial income
-€33,392
Financial charges
+€19,390
Taxes
-€1,322
Result 2025
€85,913
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.6m
Investment
-€1.3m
Financing
-€988,441
Cash 2024
€1.3m
From operations (derived)
+€1.6m
Net result for the year
+€85,913
Depreciation
+€1.2m
Stocks and contracts
-€10,686
Receivables within one year
-€496,068
Deferred charges and accrued income
+€109,878
Trade debts
+€601,710
Tax, wage and social debts
+€67,856
Accrued charges and deferred income
-€19,528
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€1.3m
Financing
-€988,441
Debts after one year
-€905,876
Current portion of long-term debt
+€5,363
Contributions, distributions and other
-€87,928
Cash 2025
€570,825
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,229,095 | €21,976,605 | -€252,490 | -1.1% |
| Fixed assets | 21/28 | €17,246,428 | €17,289,894 | +€43,466 | +0.3% |
| Intangible fixed assets | 21 | €69,558 | €67,545 | -€2,013 | -2.9% |
| Tangible fixed assets | 22/27 | €17,170,915 | €17,216,395 | +€45,479 | +0.3% |
| Land and buildings | 22 | €12,630,820 | €11,625,602 | -€1.0m | -8.0% |
| Plant, machinery and equipment | 23 | €2,473,408 | €3,086,186 | +€612,778 | +24.8% |
| Furniture and vehicles | 24 | €274,246 | €196,102 | -€78,143 | -28.5% |
| Other tangible fixed assets | 26 | €208,480 | €208,480 | = | 0.0% |
| Assets under construction and advance payments | 27 | €1,583,962 | €2,100,024 | +€516,063 | +32.6% |
| Financial fixed assets | 28 | €5,955 | €5,955 | = | 0.0% |
| Current assets | 29/58 | €4,982,668 | €4,686,711 | -€295,957 | -5.9% |
| Stocks and contracts in progress | 3 | €20,473 | €31,159 | +€10,686 | +52.2% |
| Stocks | 30/36 | €20,473 | €31,159 | +€10,686 | +52.2% |
| Amounts receivable within one year | 40/41 | €1,046,261 | €1,542,329 | +€496,068 | +47.4% |
| Trade receivables | 40 | €1,042,155 | €1,257,538 | +€215,383 | +20.7% |
| Other amounts receivable | 41 | €4,106 | €284,791 | +€280,685 | +6,836% |
| Current investments | 50/53 | €2,500,000 | €2,500,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,263,658 | €570,825 | -€692,833 | -54.8% |
| Deferred charges and accrued income | 490/1 | €152,275 | €42,398 | -€109,878 | -72.2% |
| Total equity and liabilities | 10/49 | €22,229,095 | €21,976,605 | -€252,490 | -1.1% |
| Equity | 10/15 | €12,534,432 | €12,532,417 | -€2,016 | 0.0% |
| Contributions | 10/11 | €4,840,960 | €4,840,960 | = | 0.0% |
| Capital | 10 | €4,840,960 | €4,840,960 | = | 0.0% |
| Issued capital | 100 | €4,840,960 | €4,840,960 | = | 0.0% |
| Revaluation surpluses | 12 | €838,917 | €838,917 | = | 0.0% |
| Reserves | 13 | €1,874,148 | €1,874,148 | = | 0.0% |
| Non-distributable reserves | 130/1 | €440,181 | €440,181 | = | 0.0% |
| Legal reserve | 130 | €214,020 | €214,020 | = | 0.0% |
| Other | 1319 | €226,161 | €226,161 | = | 0.0% |
| Distributable reserves | 133 | €1,433,967 | €1,433,967 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,228,376 | €3,314,288 | +€85,913 | +2.7% |
| Investment grants | 15 | €1,752,031 | €1,664,103 | -€87,928 | -5.0% |
| Amounts payable | 17/49 | €9,694,663 | €9,444,188 | -€250,475 | -2.6% |
| Amounts payable after more than one year | 17 | €7,155,098 | €6,249,222 | -€905,876 | -12.7% |
| Financial debts | 170/4 | €7,155,098 | €6,249,222 | -€905,876 | -12.7% |
| Amounts payable within one year | 42/48 | €2,520,037 | €3,194,966 | +€674,929 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €931,456 | €936,819 | +€5,363 | +0.6% |
| Trade debts | 44 | €922,327 | €1,524,037 | +€601,710 | +65.2% |
| Suppliers | 440/4 | €922,327 | €1,524,037 | +€601,710 | +65.2% |
| Taxes, remuneration and social security | 45 | €666,254 | €734,109 | +€67,856 | +10.2% |
| Taxes | 450/3 | €128,637 | €162,695 | +€34,058 | +26.5% |
| Remuneration and social security | 454/9 | €537,617 | €571,414 | +€33,798 | +6.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €19,528 | €0 | -€19,528 | -100% |
| Non-recurring operating income | 76A | €14,470 | €0 | -€14,470 | -100% |
| Remuneration, social security and pensions | 62 | €4,490,340 | €4,855,276 | +€364,936 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,467,676 | €1,229,264 | -€238,412 | -16.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €48,556 | €256,567 | +€208,011 | +428% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €4,669 | €8,923 | +€4,254 | +91.1% |
| Non-recurring operating charges | 66A | €5,442 | €287,301 | +€281,858 | +5,179% |
| Gross operating margin | 9900 | €6,572,228 | €6,811,317 | +€239,089 | +3.6% |
| Operating profit (loss) | 9901 | €555,544 | €173,986 | -€381,559 | -68.7% |
| Financial income | 75/76B | €133,516 | €100,124 | -€33,392 | -25.0% |
| Recurring financial income | 75 | €133,516 | €100,124 | -€33,392 | -25.0% |
| Financial charges | 65/66B | €203,718 | €184,328 | -€19,390 | -9.5% |
| Recurring financial charges | 65 | €203,718 | €184,328 | -€19,390 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €485,342 | €89,782 | -€395,561 | -81.5% |
| Income taxes | 67/77 | €2,547 | €3,869 | +€1,322 | +51.9% |
| Profit (loss) for the period | 9904 | €482,795 | €85,913 | -€396,883 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €482,795 | €85,913 | -€396,883 | -82.2% |
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 20 October 2026 via checked.be.