PONZO GIOVANNI: 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.
PONZO GIOVANNI
Largest movements
- Tangible fixed assets -€17,603
down €17,603 (-24.8%), from €70,841 to €53,238
of which Plant, machinery and equipment: -€8,826
- Cash +€1,209
up €1,209 (+19.5%), from €6,207 to €7,416
mainly Depreciation (+€17,603) and Net result for the year (+€9,316)
- Other debts -€23,427
down €23,427 (-48.1%), from €48,713 to €25,285
- Profit (loss) carried forward +€9,316
up €9,316, from -€1,761 to €7,555
- Accrued charges and deferred income -€1,925
down €1,925 (-97.9%), from €1,967 to €41
- Trade debts -€893
down €893 (-34.7%), from €2,573 to €1,680
- Staff costs +€5,488
up €5,488 (+33.8%), from €16,214 to €21,702
- Gross operating margin +€4,661
up €4,661 (+9.3%), from €50,036 to €54,697
- Taxes +€1,151
up €1,151 (+899%), from €128 to €1,279
- Financial charges -€988
down €988 (-27.8%), from €3,553 to €2,565
of which Non-recurring financial charges: -€1,874
- Other operating charges +€909
up €909 (+68.7%), from €1,324 to €2,233
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 | €79,679 | €63,008 | -€16,671 | -20.9% |
| Fixed assets | 21/28 | €70,841 | €53,238 | -€17,603 | -24.8% |
| Tangible fixed assets | 22/27 | €70,841 | €53,238 | -€17,603 | -24.8% |
| Plant, machinery and equipment | 23 | €50,965 | €42,140 | -€8,826 | -17.3% |
| Furniture and vehicles | 24 | €19,875 | €11,098 | -€8,777 | -44.2% |
| Current assets | 29/58 | €8,839 | €9,770 | +€931 | +10.5% |
| Stocks and contracts in progress | 3 | €1,320 | €1,812 | +€492 | +37.3% |
| Stocks | 30/36 | €1,320 | €1,812 | +€492 | +37.3% |
| Amounts receivable within one year | 40/41 | €601 | €105 | -€496 | -82.6% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €601 | €105 | -€496 | -82.6% |
| Cash at bank and in hand | 54/58 | €6,207 | €7,416 | +€1,209 | +19.5% |
| Deferred charges and accrued income | 490/1 | €711 | €437 | -€274 | -38.5% |
| Total equity and liabilities | 10/49 | €79,679 | €63,008 | -€16,671 | -20.9% |
| Equity | 10/15 | €23,239 | €32,555 | +€9,316 | +40.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,761 | €7,555 | +€9,316 | |
| Amounts payable | 17/49 | €56,440 | €30,453 | -€25,987 | -46.0% |
| Amounts payable within one year | 42/48 | €54,474 | €30,412 | -€24,062 | -44.2% |
| Trade debts | 44 | €2,573 | €1,680 | -€893 | -34.7% |
| Suppliers | 440/4 | €2,573 | €1,680 | -€893 | -34.7% |
| Taxes, remuneration and social security | 45 | €3,187 | €3,446 | +€259 | +8.1% |
| Taxes | 450/3 | €559 | €1,773 | +€1,214 | +217% |
| Remuneration and social security | 454/9 | €2,628 | €1,673 | -€955 | -36.3% |
| Other amounts payable | 47/48 | €48,713 | €25,285 | -€23,427 | -48.1% |
| Accrued charges and deferred income | 492/3 | €1,967 | €41 | -€1,925 | -97.9% |
| Remuneration, social security and pensions | 62 | €16,214 | €21,702 | +€5,488 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,740 | €17,603 | +€862 | +5.1% |
| Other operating charges | 640/8 | €1,324 | €2,233 | +€909 | +68.7% |
| Gross operating margin | 9900 | €50,036 | €54,697 | +€4,661 | +9.3% |
| Operating profit (loss) | 9901 | €15,758 | €13,160 | -€2,598 | -16.5% |
| Financial income | 75/76B | €4 | €0 | -€4 | -99.7% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -99.7% |
| Financial charges | 65/66B | €3,553 | €2,565 | -€988 | -27.8% |
| Recurring financial charges | 65 | €1,679 | €2,565 | +€886 | +52.8% |
| Non-recurring financial charges | 66B | €1,874 | - | -€1,874 | |
| Profit (loss) for the period before taxes | 9903 | €12,209 | €10,595 | -€1,614 | -13.2% |
| Income taxes | 67/77 | €128 | €1,279 | +€1,151 | +899% |
| Profit (loss) for the period | 9904 | €12,081 | €9,316 | -€2,765 | -22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,081 | €9,316 | -€2,765 | -22.9% |
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 24 October 2026 via checked.be.