PONTO: 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.
PONTO
Largest movements
- Receivables within one year +€44,796
up €44,796 (+86.5%), from €51,793 to €96,589
of which Trade receivables: +€23,574
- Tangible fixed assets -€28,494
down €28,494 (-7.9%), from €360,377 to €331,884
of which Land and buildings: -€15,579
- Cash -€13,108
down €13,108 (-20.4%), from €64,307 to €51,198
mainly Receivables within one year (-€44,796) and Debts after one year (-€38,085)
- Reserves +€42,589
up €42,589 (+16.9%), from €251,960 to €294,549
- Debts after one year -€38,085
down €38,085 (-16.8%), from €226,526 to €188,441
- Gross operating margin -€5,896
down €5,896 (-5.6%), from €104,698 to €98,802
- Financial income +€1,245
up €1,245 (+23.9%), from €5,213 to €6,458
- Financial charges -€1,129
down €1,129 (-21.0%), from €5,387 to €4,258
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €613,882 | €617,200 | +€3,317 | +0.5% |
| Fixed assets | 21/28 | €376,121 | €347,628 | -€28,494 | -7.6% |
| Tangible fixed assets | 22/27 | €360,377 | €331,884 | -€28,494 | -7.9% |
| Land and buildings | 22 | €327,887 | €312,308 | -€15,579 | -4.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €32,490 | €19,575 | -€12,915 | -39.8% |
| Financial fixed assets | 28 | €15,744 | €15,744 | = | 0.0% |
| Current assets | 29/58 | €237,761 | €269,572 | +€31,811 | +13.4% |
| Amounts receivable after more than one year | 29 | €120,814 | €120,814 | = | 0.0% |
| Other amounts receivable | 291 | €120,814 | €120,814 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €51,793 | €96,589 | +€44,796 | +86.5% |
| Trade receivables | 40 | €14,087 | €37,661 | +€23,574 | +167% |
| Other amounts receivable | 41 | €37,706 | €58,928 | +€21,222 | +56.3% |
| Cash at bank and in hand | 54/58 | €64,307 | €51,198 | -€13,108 | -20.4% |
| Deferred charges and accrued income | 490/1 | €847 | €971 | +€123 | +14.6% |
| Total equity and liabilities | 10/49 | €613,882 | €617,200 | +€3,317 | +0.5% |
| Equity | 10/15 | €272,885 | €315,474 | +€42,589 | +15.6% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €251,960 | €294,549 | +€42,589 | +16.9% |
| Distributable reserves | 133 | €251,960 | €294,549 | +€42,589 | +16.9% |
| Profit (loss) carried forward | 14 | -€3,864 | -€3,864 | = | 0.0% |
| Provisions and deferred taxes | 16 | €47,944 | €47,944 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €47,944 | €47,944 | = | 0.0% |
| Pensions and similar obligations | 160 | €47,944 | €47,944 | = | 0.0% |
| Amounts payable | 17/49 | €293,053 | €253,781 | -€39,271 | -13.4% |
| Amounts payable after more than one year | 17 | €226,526 | €188,441 | -€38,085 | -16.8% |
| Financial debts | 170/4 | €226,526 | €188,441 | -€38,085 | -16.8% |
| Amounts payable within one year | 42/48 | €66,527 | €65,341 | -€1,186 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €42,813 | €39,913 | -€2,900 | -6.8% |
| Trade debts | 44 | €2,321 | €1,274 | -€1,047 | -45.1% |
| Suppliers | 440/4 | €2,321 | €1,274 | -€1,047 | -45.1% |
| Taxes, remuneration and social security | 45 | €21,394 | €24,154 | +€2,761 | +12.9% |
| Taxes | 450/3 | €21,394 | €24,154 | +€2,761 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,097 | €33,244 | +€147 | +0.4% |
| Other operating charges | 640/8 | €4,363 | €4,169 | -€195 | -4.5% |
| Gross operating margin | 9900 | €104,698 | €98,802 | -€5,896 | -5.6% |
| Operating profit (loss) | 9901 | €67,238 | €61,390 | -€5,848 | -8.7% |
| Financial income | 75/76B | €5,213 | €6,458 | +€1,245 | +23.9% |
| Recurring financial income | 75 | €5,213 | €6,458 | +€1,245 | +23.9% |
| Financial charges | 65/66B | €5,387 | €4,258 | -€1,129 | -21.0% |
| Recurring financial charges | 65 | €5,387 | €4,258 | -€1,129 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €67,064 | €63,589 | -€3,474 | -5.2% |
| Income taxes | 67/77 | €20,997 | €21,001 | +€4 | 0.0% |
| Profit (loss) for the period | 9904 | €46,067 | €42,589 | -€3,478 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,067 | €42,589 | -€3,478 | -7.5% |
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 19 October 2026 via checked.be.