PONTIFEX: 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.
PONTIFEX
Largest movements
- Stocks and contracts +€12,586
up €12,586 (+1427.8%), from €882 to €13,468
- Cash +€3,300
up €3,300 (+79.2%), from €4,167 to €7,467
mainly Other debts (+€12,051) and Net result for the year (+€3,208)
- Tangible fixed assets -€763
down €763 (-16.5%), from €4,614 to €3,851
of which Plant, machinery and equipment: -€615
- Receivables within one year +€584
up €584 (+424.1%), from €138 to €722
- Deferred charges and accrued income -€543
down €543 (-31.7%), from €1,712 to €1,169
- Other debts +€12,051
up €12,051 (+31.3%), from €38,515 to €50,566
- Profit (loss) carried forward +€3,208
up €3,208 (+8.8%), from -€36,450 to -€33,242
- Accrued charges and deferred income +€2,160
new in 2025: €2,160
- Tax, wage and social debts -€1,538
down €1,538 (-64.1%), from €2,401 to €863
- Trade debts -€716
no longer reported in 2025 (was €716)
- Gross operating margin +€4,726
up €4,726 (+98.0%), from €4,820 to €9,546
- Other operating charges -€561
down €561 (-9.7%), from €5,788 to €5,227
- Depreciation +€332
up €332 (+76.9%), from €431 to €763
- Financial charges -€97
down €97 (-21.2%), from €457 to €360
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 | €11,512 | €26,677 | +€15,165 | +131.7% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €4,614 | €3,851 | -€763 | -16.5% |
| Tangible fixed assets | 22/27 | €4,614 | €3,851 | -€763 | -16.5% |
| Land and buildings | 22 | €592 | €444 | -€148 | -25.0% |
| Plant, machinery and equipment | 23 | €4,022 | €3,407 | -€615 | -15.3% |
| Current assets | 29/58 | €6,898 | €22,826 | +€15,928 | +230.9% |
| Stocks and contracts in progress | 3 | €882 | €13,468 | +€12,586 | +1427.8% |
| Stocks | 30/36 | €882 | €13,468 | +€12,586 | +1427.8% |
| Amounts receivable within one year | 40/41 | €138 | €722 | +€584 | +424.1% |
| Other amounts receivable | 41 | €138 | €722 | +€584 | +424.1% |
| Cash at bank and in hand | 54/58 | €4,167 | €7,467 | +€3,300 | +79.2% |
| Deferred charges and accrued income | 490/1 | €1,712 | €1,169 | -€543 | -31.7% |
| Total equity and liabilities | 10/49 | €11,512 | €26,677 | +€15,165 | +131.7% |
| Equity | 10/15 | -€30,120 | -€26,912 | +€3,208 | +10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €131 | €131 | = | 0.0% |
| Non-distributable reserves | 130/1 | €131 | €131 | = | 0.0% |
| Reserves not available under the articles | 1311 | €131 | €131 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,450 | -€33,242 | +€3,208 | +8.8% |
| Amounts payable | 17/49 | €41,632 | €53,589 | +€11,957 | +28.7% |
| Amounts payable within one year | 42/48 | €41,632 | €51,429 | +€9,797 | +23.5% |
| Trade debts | 44 | €716 | - | -€716 | |
| Suppliers | 440/4 | €716 | - | -€716 | |
| Taxes, remuneration and social security | 45 | €2,401 | €863 | -€1,538 | -64.1% |
| Taxes | 450/3 | €2,401 | €863 | -€1,538 | -64.1% |
| Other amounts payable | 47/48 | €38,515 | €50,566 | +€12,051 | +31.3% |
| Accrued charges and deferred income | 492/3 | - | €2,160 | +€2,160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €431 | €763 | +€332 | +76.9% |
| Other operating charges | 640/8 | €5,788 | €5,227 | -€561 | -9.7% |
| Gross operating margin | 9900 | €4,820 | €9,546 | +€4,726 | +98.0% |
| Operating profit (loss) | 9901 | -€1,399 | €3,557 | +€4,955 | |
| Financial income | 75/76B | €0 | €12 | +€12 | |
| Recurring financial income | 75 | €0 | €12 | +€12 | |
| Financial charges | 65/66B | €457 | €360 | -€97 | -21.2% |
| Recurring financial charges | 65 | €457 | €360 | -€97 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,856 | €3,208 | +€5,064 | |
| Profit (loss) for the period | 9904 | -€1,856 | €3,208 | +€5,064 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,856 | €3,208 | +€5,064 |
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 9 October 2026 via checked.be.