Ponticulum: 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.
Ponticulum
Largest movements
- Current investments +€333,969
up €333,969 (+31.2%), from €1.1m to €1.4m
- Cash -€280,111
down €280,111 (-52.1%), from €537,365 to €257,254
mainly Current investments (-€333,969) and Contributions, distributions and other (-€122,000)
- Reserves +€279,916
up €279,916 (+57.5%), from €486,479 to €766,395
of which Distributable reserves: +€279,916
- Profit (loss) carried forward -€122,000
down €122,000 (-3.4%), from €3.6m to €3.4m
- Other debts -€62,275
down €62,275 (-21.2%), from €293,717 to €231,442
- Financial income +€55,845
up €55,845 (+20.2%), from €276,557 to €332,402
- Financial charges -€14,806
down €14,806 (-40.1%), from €36,937 to €22,131
- Taxes +€13,576
up €13,576 (+39.2%), from €34,595 to €48,171
- Gross operating margin -€7,802
down €7,802 (-18.5%), from €42,083 to €34,281
- Depreciation +€4,493
up €4,493 (+47.3%), from €9,504 to €13,997
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 | €4,439,875 | €4,524,096 | +€84,221 | +1.9% |
| Fixed assets | 21/28 | €2,793,668 | €2,836,167 | +€42,499 | +1.5% |
| Tangible fixed assets | 22/27 | €293,668 | €336,167 | +€42,499 | +14.5% |
| Land and buildings | 22 | €293,331 | €336,043 | +€42,712 | +14.6% |
| Furniture and vehicles | 24 | €337 | €124 | -€213 | -63.2% |
| Financial fixed assets | 28 | €2,500,000 | €2,500,000 | = | 0.0% |
| Current assets | 29/58 | €1,646,206 | €1,687,929 | +€41,722 | +2.5% |
| Amounts receivable within one year | 40/41 | €37,692 | €24,021 | -€13,671 | -36.3% |
| Trade receivables | 40 | €37,692 | €21,720 | -€15,972 | -42.4% |
| Other amounts receivable | 41 | €0 | €2,301 | +€2,301 | |
| Current investments | 50/53 | €1,070,717 | €1,404,686 | +€333,969 | +31.2% |
| Cash at bank and in hand | 54/58 | €537,365 | €257,254 | -€280,111 | -52.1% |
| Deferred charges and accrued income | 490/1 | €432 | €1,968 | +€1,536 | +355.2% |
| Total equity and liabilities | 10/49 | €4,439,875 | €4,524,096 | +€84,221 | +1.9% |
| Equity | 10/15 | €4,072,246 | €4,230,162 | +€157,916 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €486,479 | €766,395 | +€279,916 | +57.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €484,619 | €764,535 | +€279,916 | +57.8% |
| Profit (loss) carried forward | 14 | €3,567,167 | €3,445,167 | -€122,000 | -3.4% |
| Amounts payable | 17/49 | €367,629 | €293,935 | -€73,694 | -20.0% |
| Amounts payable within one year | 42/48 | €354,189 | €274,742 | -€79,447 | -22.4% |
| Trade debts | 44 | €12,241 | €1,748 | -€10,493 | -85.7% |
| Suppliers | 440/4 | €12,241 | €1,748 | -€10,493 | -85.7% |
| Taxes, remuneration and social security | 45 | €48,231 | €41,552 | -€6,679 | -13.8% |
| Taxes | 450/3 | €48,231 | €41,552 | -€6,679 | -13.8% |
| Other amounts payable | 47/48 | €293,717 | €231,442 | -€62,275 | -21.2% |
| Accrued charges and deferred income | 492/3 | €13,440 | €19,192 | +€5,752 | +42.8% |
| Non-recurring operating income | 76A | - | €34,076 | +€34,076 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,504 | €13,997 | +€4,493 | +47.3% |
| Other operating charges | 640/8 | €2,426 | €2,469 | +€43 | +1.8% |
| Gross operating margin | 9900 | €42,083 | €34,281 | -€7,802 | -18.5% |
| Operating profit (loss) | 9901 | €30,154 | €17,816 | -€12,338 | -40.9% |
| Financial income | 75/76B | €276,557 | €332,402 | +€55,845 | +20.2% |
| Recurring financial income | 75 | €276,557 | €332,402 | +€55,845 | +20.2% |
| Financial charges | 65/66B | €36,937 | €22,131 | -€14,806 | -40.1% |
| Recurring financial charges | 65 | €36,937 | €22,131 | -€14,806 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €269,774 | €328,087 | +€58,313 | +21.6% |
| Income taxes | 67/77 | €34,595 | €48,171 | +€13,576 | +39.2% |
| Profit (loss) for the period | 9904 | €235,179 | €279,916 | +€44,737 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €235,179 | €279,916 | +€44,737 | +19.0% |
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.