Publipunt: what changed
Two fiscal 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.
Publipunt
Largest movements
- Tangible fixed assets +€64,742
up €64,742 (+13.0%), from €496,517 to €561,259
of which Furniture and vehicles: +€51,457
- Cash +€30,363
up €30,363 (+18.3%), from €166,055 to €196,419
mainly Net result for the year (+€127,844) and Depreciation (+€78,375)
- Stocks and contracts -€16,618
down €16,618 (-31.3%), from €53,076 to €36,458
- Reserves +€96,773
up €96,773 (+31.2%), from €309,934 to €406,708
of which Distributable reserves: +€96,773
- Other debts -€27,212
down €27,212 (-81.5%), from €33,407 to €6,195
- Tax, wage and social debts +€18,842
up €18,842 (+52.4%), from €35,959 to €54,801
of which Taxes: +€10,653
- Debts after one year -€13,041
down €13,041 (-4.6%), from €283,641 to €270,600
- Trade debts -€10,503
down €10,503 (-6.1%), from €173,539 to €163,035
- Gross operating margin +€138,466
up €138,466 (+46.3%), from €299,294 to €437,760
- Staff costs +€42,894
up €42,894 (+41.9%), from €102,442 to €145,336
- Taxes +€38,276
up €38,276 (+144.6%), from €26,464 to €64,740
- Depreciation +€35,100
up €35,100 (+81.1%), from €43,276 to €78,375
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.
Cash bridge derived
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 | €925,587 | €998,729 | +€73,142 | +7.9% |
| Fixed assets | 21/28 | €498,337 | €563,079 | +€64,742 | +13.0% |
| Tangible fixed assets | 22/27 | €496,517 | €561,259 | +€64,742 | +13.0% |
| Land and buildings | 22 | €259,661 | €283,672 | +€24,010 | +9.2% |
| Plant, machinery and equipment | 23 | €192,553 | €192,963 | +€411 | +0.2% |
| Furniture and vehicles | 24 | €7,995 | €59,451 | +€51,457 | +643.7% |
| Leasing and similar rights | 25 | €22,481 | €14,212 | -€8,269 | -36.8% |
| Other tangible fixed assets | 26 | €13,828 | €10,961 | -€2,867 | -20.7% |
| Financial fixed assets | 28 | €1,820 | €1,820 | = | 0.0% |
| Current assets | 29/58 | €427,250 | €435,650 | +€8,400 | +2.0% |
| Stocks and contracts in progress | 3 | €53,076 | €36,458 | -€16,618 | -31.3% |
| Stocks | 30/36 | €53,076 | €36,458 | -€16,618 | -31.3% |
| Amounts receivable within one year | 40/41 | €196,625 | €199,923 | +€3,298 | +1.7% |
| Trade receivables | 40 | €182,907 | €198,195 | +€15,288 | +8.4% |
| Other amounts receivable | 41 | €13,719 | €1,729 | -€11,990 | -87.4% |
| Cash at bank and in hand | 54/58 | €166,055 | €196,419 | +€30,363 | +18.3% |
| Deferred charges and accrued income | 490/1 | €11,493 | €2,850 | -€8,643 | -75.2% |
| Total equity and liabilities | 10/49 | €925,587 | €998,729 | +€73,142 | +7.9% |
| Equity | 10/15 | €348,871 | €445,645 | +€96,773 | +27.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €309,934 | €406,708 | +€96,773 | +31.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €309,934 | €406,708 | +€96,773 | +31.2% |
| Profit (loss) carried forward | 14 | €18,937 | €18,937 | = | 0.0% |
| Amounts payable | 17/49 | €576,716 | €553,085 | -€23,631 | -4.1% |
| Amounts payable after more than one year | 17 | €283,641 | €270,600 | -€13,041 | -4.6% |
| Financial debts | 170/4 | €283,641 | €270,600 | -€13,041 | -4.6% |
| Amounts payable within one year | 42/48 | €293,075 | €282,485 | -€10,590 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €50,170 | €58,453 | +€8,283 | +16.5% |
| Trade debts | 44 | €173,539 | €163,035 | -€10,503 | -6.1% |
| Suppliers | 440/4 | €173,539 | €163,035 | -€10,503 | -6.1% |
| Taxes, remuneration and social security | 45 | €35,959 | €54,801 | +€18,842 | +52.4% |
| Taxes | 450/3 | €15,026 | €25,679 | +€10,653 | +70.9% |
| Remuneration and social security | 454/9 | €20,933 | €29,122 | +€8,189 | +39.1% |
| Other amounts payable | 47/48 | €33,407 | €6,195 | -€27,212 | -81.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €102,442 | €145,336 | +€42,894 | +41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,276 | €78,375 | +€35,100 | +81.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,280 | €5,174 | -€106 | -2.0% |
| Other operating charges | 640/8 | €929 | €3,467 | +€2,538 | +273.2% |
| Gross operating margin | 9900 | €299,294 | €437,760 | +€138,466 | +46.3% |
| Operating profit (loss) | 9901 | €147,367 | €205,407 | +€58,040 | +39.4% |
| Financial income | 75/76B | €638 | €1,706 | +€1,068 | +167.5% |
| Recurring financial income | 75 | €638 | €1,706 | +€1,068 | +167.5% |
| Financial charges | 65/66B | €10,737 | €14,530 | +€3,793 | +35.3% |
| Recurring financial charges | 65 | €10,737 | €14,530 | +€3,793 | +35.3% |
| Profit (loss) for the period before taxes | 9903 | €137,268 | €192,584 | +€55,316 | +40.3% |
| Income taxes | 67/77 | €26,464 | €64,740 | +€38,276 | +144.6% |
| Profit (loss) for the period | 9904 | €110,804 | €127,844 | +€17,040 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €110,804 | €127,844 | +€17,040 | +15.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.