PONTUS TANKERS: 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.
PONTUS TANKERS
Largest movements
- Tangible fixed assets -€448,833
down €448,833 (-7.7%), from €5.8m to €5.3m
- Cash -€75,939
down €75,939 (-58.0%), from €131,029 to €55,090
mainly Debts after one year (-€600,000) and Investment in fixed assets (net) (-€162,565)
- Debts after one year -€600,000
down €600,000 (-26.7%), from €2.3m to €1.7m
- Profit (loss) carried forward -€248,610
down €248,610 (-100%), from €248,610 to €0
- Reserves +€208,805
up €208,805 (+9.6%), from €2.2m to €2.4m
of which Distributable reserves: +€208,805
- Gross operating margin -€2.2m
down €2.2m (-73.4%), from €3.0m to €790,105
- Depreciation +€409,759
up €409,759 (+203%), from €201,639 to €611,398
- Provisions +€187,500
up €187,500, from -€137,500 to €50,000
- Financial income -€56,006
down €56,006 (-100%), from €56,006 to €0
- Financial charges +€53,902
up €53,902 (+77.7%), from €69,329 to €123,230
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 | €6,036,144 | €5,515,736 | -€520,408 | -8.6% |
| Fixed assets | 21/28 | €5,798,361 | €5,349,527 | -€448,833 | -7.7% |
| Tangible fixed assets | 22/27 | €5,798,361 | €5,349,527 | -€448,833 | -7.7% |
| Plant, machinery and equipment | 23 | €5,798,361 | €5,349,527 | -€448,833 | -7.7% |
| Current assets | 29/58 | €237,783 | €166,209 | -€71,574 | -30.1% |
| Amounts receivable within one year | 40/41 | €106,755 | €105,829 | -€925 | -0.9% |
| Trade receivables | 40 | €98,936 | €92,327 | -€6,609 | -6.7% |
| Other amounts receivable | 41 | €7,819 | €13,502 | +€5,683 | +72.7% |
| Cash at bank and in hand | 54/58 | €131,029 | €55,090 | -€75,939 | -58.0% |
| Deferred charges and accrued income | 490/1 | - | €5,290 | +€5,290 | |
| Total equity and liabilities | 10/49 | €6,036,144 | €5,515,736 | -€520,408 | -8.6% |
| Equity | 10/15 | €2,477,311 | €2,437,505 | -€39,806 | -1.6% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €2,168,700 | €2,377,505 | +€208,805 | +9.6% |
| Tax-exempt reserves | 132 | €2,041,459 | €2,041,459 | = | 0.0% |
| Distributable reserves | 133 | €127,242 | €336,047 | +€208,805 | +164% |
| Profit (loss) carried forward | 14 | €248,610 | €0 | -€248,610 | -100% |
| Provisions and deferred taxes | 16 | €692,986 | €742,986 | +€50,000 | +7.2% |
| Provisions for liabilities and charges | 160/5 | €12,500 | €62,500 | +€50,000 | +400% |
| Major repairs and maintenance | 162 | €12,500 | €62,500 | +€50,000 | +400% |
| Deferred taxes | 168 | €680,486 | €680,486 | = | 0.0% |
| Amounts payable | 17/49 | €2,865,847 | €2,335,245 | -€530,602 | -18.5% |
| Amounts payable after more than one year | 17 | €2,250,000 | €1,650,000 | -€600,000 | -26.7% |
| Financial debts | 170/4 | €2,250,000 | €1,650,000 | -€600,000 | -26.7% |
| Amounts payable within one year | 42/48 | €615,847 | €685,157 | +€69,310 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €600,000 | €626,250 | +€26,250 | +4.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €14,952 | €58,012 | +€43,060 | +288% |
| Suppliers | 440/4 | €14,952 | €58,012 | +€43,060 | +288% |
| Taxes, remuneration and social security | 45 | €895 | €895 | = | 0.0% |
| Taxes | 450/3 | €895 | €895 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €88 | +€88 | |
| Non-recurring operating income | 76A | €2,721,945 | €0 | -€2.7m | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201,639 | €611,398 | +€409,759 | +203% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€137,500 | €50,000 | +€187,500 | |
| Other operating charges | 640/8 | €6,579 | €1,866 | -€4,714 | -71.6% |
| Gross operating margin | 9900 | €2,971,008 | €790,105 | -€2.2m | -73.4% |
| Operating profit (loss) | 9901 | €2,900,290 | €126,841 | -€2.8m | -95.6% |
| Financial income | 75/76B | €56,006 | €0 | -€56,006 | -100% |
| Recurring financial income | 75 | €56,006 | €0 | -€56,006 | -100% |
| Financial charges | 65/66B | €69,329 | €123,230 | +€53,902 | +77.7% |
| Recurring financial charges | 65 | €69,329 | €123,230 | +€53,902 | +77.7% |
| Profit (loss) for the period before taxes | 9903 | €2,886,967 | €3,611 | -€2.9m | -99.9% |
| Transfer to deferred taxes | 680 | €680,486 | €0 | -€680,486 | -100% |
| Income taxes | 67/77 | €37,780 | €43,416 | +€5,636 | +14.9% |
| Profit (loss) for the period | 9904 | €2,168,700 | -€39,806 | -€2.2m | |
| Transfer to tax-exempt reserves | 689 | €2,041,459 | €0 | -€2.0m | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €127,242 | -€39,806 | -€167,047 |
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 30 October 2026 via checked.be.