Pony Paradise: what changed
Pony Paradise
Largest movements
- Tangible fixed assets -€12,847
down €12,847 (-24.2%), from €53,180 to €40,332
of which Plant, machinery and equipment: -€7,997
- Receivables within one year +€3,733
up €3,733 (+225%), from €1,661 to €5,395
of which Other amounts receivable: +€4,386
- Stocks and contracts +€2,929
up €2,929 (+48.4%), from €6,052 to €8,981
- Deferred charges and accrued income -€2,150
down €2,150 (-9.0%), from €23,781 to €21,631
- Cash -€1,683
down €1,683 (-20.7%), from €8,150 to €6,467
mainly Net result for the year (-€7,844) and Investment in fixed assets (net) (-€4,821)
- Profit (loss) carried forward -€4,789
down €4,789 (-5.5%), from €87,680 to €82,890
- Tax, wage and social debts -€4,775
no longer reported in 2025 (was €4,775)
- Gross operating margin -€19,993
down €19,993 (-5.8%), from €342,638 to €322,644
- Staff costs -€6,577
down €6,577 (-2.2%), from €299,624 to €293,046
- Depreciation -€6,408
down €6,408 (-26.6%), from €24,076 to €17,668
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,909 | €82,890 | -€10,018 | -10.8% |
| Fixed assets | 21/28 | €53,264 | €40,417 | -€12,847 | -24.1% |
| Intangible fixed assets | 21 | €10 | €10 | = | 0.0% |
| Tangible fixed assets | 22/27 | €53,180 | €40,332 | -€12,847 | -24.2% |
| Land and buildings | 22 | €734 | - | -€734 | |
| Plant, machinery and equipment | 23 | €20,850 | €12,853 | -€7,997 | -38.4% |
| Furniture and vehicles | 24 | €8,506 | €5,339 | -€3,167 | -37.2% |
| Other tangible fixed assets | 26 | €23,090 | €22,141 | -€949 | -4.1% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €39,644 | €42,473 | +€2,829 | +7.1% |
| Stocks and contracts in progress | 3 | €6,052 | €8,981 | +€2,929 | +48.4% |
| Stocks | 30/36 | €6,052 | €8,981 | +€2,929 | +48.4% |
| Amounts receivable within one year | 40/41 | €1,661 | €5,395 | +€3,733 | +225% |
| Trade receivables | 40 | €1,550 | €898 | -€652 | -42.1% |
| Other amounts receivable | 41 | €111 | €4,497 | +€4,386 | +3,951% |
| Cash at bank and in hand | 54/58 | €8,150 | €6,467 | -€1,683 | -20.7% |
| Deferred charges and accrued income | 490/1 | €23,781 | €21,631 | -€2,150 | -9.0% |
| Total equity and liabilities | 10/49 | €92,909 | €82,890 | -€10,018 | -10.8% |
| Equity | 10/15 | €87,680 | €82,890 | -€4,789 | -5.5% |
| Profit (loss) carried forward | 14 | €87,680 | €82,890 | -€4,789 | -5.5% |
| Amounts payable | 17/49 | €5,229 | - | -€5,229 | |
| Amounts payable within one year | 42/48 | €5,229 | - | -€5,229 | |
| Trade debts | 44 | €454 | - | -€454 | |
| Suppliers | 440/4 | €454 | - | -€454 | |
| Taxes, remuneration and social security | 45 | €4,775 | - | -€4,775 | |
| Remuneration and social security | 454/9 | €4,775 | - | -€4,775 | |
| Non-recurring operating income | 76A | - | €943 | +€943 | |
| Remuneration, social security and pensions | 62 | €299,624 | €293,046 | -€6,577 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,076 | €17,668 | -€6,408 | -26.6% |
| Other operating charges | 640/8 | €4,855 | €4,726 | -€129 | -2.7% |
| Non-recurring operating charges | 66A | - | €214 | +€214 | |
| Gross operating margin | 9900 | €342,638 | €322,644 | -€19,993 | -5.8% |
| Operating profit (loss) | 9901 | €14,082 | €6,990 | -€7,092 | -50.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €15,579 | €14,833 | -€745 | -4.8% |
| Recurring financial charges | 65 | €15,579 | €14,833 | -€745 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,496 | -€7,844 | -€6,348 | -424% |
| Profit (loss) for the period | 9904 | -€1,496 | -€7,844 | -€6,348 | -424% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,496 | -€7,844 | -€6,348 | -424% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.