PULLY INVEST: 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.
PULLY INVEST
Largest movements
- Cash +€4,765
up €4,765 (+3.4%), from €139,873 to €144,638
mainly Net result for the year (+€7,533) and Depreciation (+€6,794)
- Receivables within one year +€4,215
up €4,215 (+50.0%), from €8,427 to €12,641
of which Other amounts receivable: +€5,507
- Profit (loss) carried forward +€7,533
up €7,533 (+7.4%), from €102,436 to €109,969
- Other operating charges -€1,680
down €1,680 (-25.1%), from €6,697 to €5,017
- Gross operating margin +€1,532
up €1,532 (+7.6%), from €20,172 to €21,703
- Taxes +€544
up €544 (+27.9%), from €1,948 to €2,491
- Financial income +€401
new in 2025: €401
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 | €195,268 | €202,391 | +€7,123 | +3.6% |
| Fixed assets | 21/28 | €46,600 | €45,112 | -€1,488 | -3.2% |
| Tangible fixed assets | 22/27 | €45,138 | €43,649 | -€1,488 | -3.3% |
| Land and buildings | 22 | €35,027 | €31,171 | -€3,856 | -11.0% |
| Plant, machinery and equipment | 23 | €10,111 | €11,071 | +€961 | +9.5% |
| Furniture and vehicles | 24 | - | €1,407 | +€1,407 | |
| Financial fixed assets | 28 | €1,463 | €1,463 | = | 0.0% |
| Current assets | 29/58 | €148,668 | €157,279 | +€8,612 | +5.8% |
| Amounts receivable within one year | 40/41 | €8,427 | €12,641 | +€4,215 | +50.0% |
| Trade receivables | 40 | €1,292 | - | -€1,292 | |
| Other amounts receivable | 41 | €7,135 | €12,641 | +€5,507 | +77.2% |
| Cash at bank and in hand | 54/58 | €139,873 | €144,638 | +€4,765 | +3.4% |
| Deferred charges and accrued income | 490/1 | €368 | - | -€368 | |
| Total equity and liabilities | 10/49 | €195,268 | €202,391 | +€7,123 | +3.6% |
| Equity | 10/15 | €185,618 | €193,152 | +€7,533 | +4.1% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €8,815 | €8,815 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,378 | €1,378 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,436 | €109,969 | +€7,533 | +7.4% |
| Amounts payable | 17/49 | €9,650 | €9,240 | -€410 | -4.2% |
| Amounts payable after more than one year | 17 | €5,980 | €5,182 | -€798 | -13.3% |
| Other amounts payable | 178/9 | €5,980 | €5,182 | -€798 | -13.3% |
| Amounts payable within one year | 42/48 | €3,670 | €4,058 | +€388 | +10.6% |
| Trade debts | 44 | €1,430 | €1,622 | +€192 | +13.4% |
| Suppliers | 440/4 | €1,430 | €1,622 | +€192 | +13.4% |
| Taxes, remuneration and social security | 45 | €2,240 | €2,436 | +€196 | +8.8% |
| Taxes | 450/3 | €2,240 | €2,436 | +€196 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,635 | €6,794 | +€159 | +2.4% |
| Other operating charges | 640/8 | €6,697 | €5,017 | -€1,680 | -25.1% |
| Gross operating margin | 9900 | €20,172 | €21,703 | +€1,532 | +7.6% |
| Operating profit (loss) | 9901 | €6,839 | €9,892 | +€3,053 | +44.6% |
| Financial income | 75/76B | - | €401 | +€401 | |
| Recurring financial income | 75 | - | €401 | +€401 | |
| Financial charges | 65/66B | €229 | €269 | +€40 | +17.2% |
| Recurring financial charges | 65 | €229 | €269 | +€40 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €6,610 | €10,025 | +€3,415 | +51.7% |
| Income taxes | 67/77 | €1,948 | €2,491 | +€544 | +27.9% |
| Profit (loss) for the period | 9904 | €4,662 | €7,533 | +€2,871 | +61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,662 | €7,533 | +€2,871 | +61.6% |
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 27 October 2026 via checked.be.