PONTRIHEN: 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.
PONTRIHEN
Largest movements
- Stocks and contracts -€90,000
down €90,000 (-27.3%), from €329,500 to €239,500
- Cash -€66,001
down €66,001 (-64.9%), from €101,668 to €35,667
mainly Net result for the year (-€131,162) and Investment in fixed assets (net) (-€53,353)
- Deferred charges and accrued income -€36,673
down €36,673 (-84.9%), from €43,181 to €6,508
- Tangible fixed assets +€27,436
up €27,436 (+33.7%), from €81,306 to €108,741
of which Plant, machinery and equipment: +€22,072
- Profit (loss) carried forward -€131,162
down €131,162, from €3,836 to -€127,326
- Trade debts -€31,557
down €31,557 (-89.7%), from €35,164 to €3,607
- Accrued charges and deferred income -€11,634
down €11,634 (-76.0%), from €15,300 to €3,666
- Other debts +€7,949
up €7,949 (+4.0%), from €200,469 to €208,418
- Gross operating margin +€33,905
up €33,905 (+37.1%), from -€91,457 to -€57,552
- Financial charges -€13,796
down €13,796 (-92.7%), from €14,886 to €1,090
- Depreciation +€4,362
up €4,362 (+20.2%), from €21,556 to €25,918
- Staff costs +€2,510
up €2,510 (+6.0%), from €41,754 to €44,264
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 | €593,691 | €426,211 | -€167,480 | -28.2% |
| Fixed assets | 21/28 | €81,579 | €109,015 | +€27,436 | +33.6% |
| Tangible fixed assets | 22/27 | €81,306 | €108,741 | +€27,436 | +33.7% |
| Plant, machinery and equipment | 23 | €3,339 | €25,411 | +€22,072 | +661% |
| Furniture and vehicles | 24 | €76,002 | €81,779 | +€5,777 | +7.6% |
| Other tangible fixed assets | 26 | €1,964 | €1,550 | -€414 | -21.1% |
| Financial fixed assets | 28 | €274 | €274 | = | 0.0% |
| Current assets | 29/58 | €512,111 | €317,196 | -€194,915 | -38.1% |
| Stocks and contracts in progress | 3 | €329,500 | €239,500 | -€90,000 | -27.3% |
| Stocks | 30/36 | €329,500 | €239,500 | -€90,000 | -27.3% |
| Amounts receivable within one year | 40/41 | €37,762 | €35,521 | -€2,241 | -5.9% |
| Trade receivables | 40 | €14,369 | €17,308 | +€2,939 | +20.5% |
| Other amounts receivable | 41 | €23,394 | €18,213 | -€5,180 | -22.1% |
| Cash at bank and in hand | 54/58 | €101,668 | €35,667 | -€66,001 | -64.9% |
| Deferred charges and accrued income | 490/1 | €43,181 | €6,508 | -€36,673 | -84.9% |
| Total equity and liabilities | 10/49 | €593,691 | €426,211 | -€167,480 | -28.2% |
| Equity | 10/15 | €154,194 | €23,032 | -€131,162 | -85.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €131,758 | €131,758 | = | 0.0% |
| Distributable reserves | 133 | €131,758 | €131,758 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,836 | -€127,326 | -€131,162 | |
| Amounts payable | 17/49 | €439,497 | €403,180 | -€36,317 | -8.3% |
| Amounts payable after more than one year | 17 | €179,000 | €179,000 | = | 0.0% |
| Other amounts payable | 178/9 | €179,000 | €179,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €245,197 | €220,513 | -€24,684 | -10.1% |
| Financial debts | 43 | €3,000 | €3,000 | = | 0.0% |
| Credit institutions | 430/8 | €3,000 | €3,000 | = | 0.0% |
| Trade debts | 44 | €35,164 | €3,607 | -€31,557 | -89.7% |
| Suppliers | 440/4 | €35,164 | €3,607 | -€31,557 | -89.7% |
| Taxes, remuneration and social security | 45 | €6,564 | €5,488 | -€1,076 | -16.4% |
| Taxes | 450/3 | - | €3,206 | +€3,206 | |
| Remuneration and social security | 454/9 | €6,564 | €2,282 | -€4,282 | -65.2% |
| Other amounts payable | 47/48 | €200,469 | €208,418 | +€7,949 | +4.0% |
| Accrued charges and deferred income | 492/3 | €15,300 | €3,666 | -€11,634 | -76.0% |
| Remuneration, social security and pensions | 62 | €41,754 | €44,264 | +€2,510 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,556 | €25,918 | +€4,362 | +20.2% |
| Other operating charges | 640/8 | €1,544 | €1,944 | +€400 | +25.9% |
| Gross operating margin | 9900 | -€91,457 | -€57,552 | +€33,905 | +37.1% |
| Operating profit (loss) | 9901 | -€156,312 | -€129,678 | +€26,634 | +17.0% |
| Financial income | 75/76B | €0 | €1 | +€1 | +143% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +143% |
| Financial charges | 65/66B | €14,886 | €1,090 | -€13,796 | -92.7% |
| Recurring financial charges | 65 | €14,886 | €1,090 | -€13,796 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | -€171,197 | -€130,766 | +€40,431 | +23.6% |
| Income taxes | 67/77 | €519 | €396 | -€123 | -23.7% |
| Profit (loss) for the period | 9904 | -€171,716 | -€131,162 | +€40,554 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€171,716 | -€131,162 | +€40,554 | +23.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.