Pumba: 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.
Pumba
Largest movements
- Cash -€81,588
down €81,588 (-44.3%), from €184,232 to €102,644
mainly Net result for the year (-€142,964) and Other debts (-€36,529)
- Tangible fixed assets -€39,756
down €39,756 (-10.4%), from €383,637 to €343,881
of which Furniture and vehicles: -€58,469
- Reserves -€142,964
down €142,964 (-65.2%), from €219,405 to €76,441
of which Distributable reserves: -€142,964
- Debts after one year +€98,366
up €98,366 (+83.4%), from €117,944 to €216,310
of which Other amounts payable: +€175,000
- Other debts -€36,529
no longer reported in 2025 (was €36,529)
- Current portion of long-term debt -€25,666
down €25,666 (-65.5%), from €39,205 to €13,539
- Trade debts +€19,195
up €19,195 (+8.1%), from €236,254 to €255,449
- Gross operating margin -€154,998
down €154,998 (-49.7%), from €311,634 to €156,636
- Staff costs +€58,143
up €58,143 (+34.3%), from €169,641 to €227,784
- Taxes -€23,135
down €23,135 (-98.9%), from €23,393 to €258
- Other operating charges +€11,333
up €11,333 (+185%), from €6,123 to €17,457
- Depreciation -€3,430
down €3,430 (-6.8%), from €50,626 to €47,196
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 | €785,022 | €671,864 | -€113,158 | -14.4% |
| Fixed assets | 21/28 | €383,637 | €343,881 | -€39,756 | -10.4% |
| Tangible fixed assets | 22/27 | €383,637 | €343,881 | -€39,756 | -10.4% |
| Land and buildings | 22 | €116,162 | €104,004 | -€12,158 | -10.5% |
| Plant, machinery and equipment | 23 | €187,997 | €222,944 | +€34,948 | +18.6% |
| Furniture and vehicles | 24 | €60,995 | €2,525 | -€58,469 | -95.9% |
| Other tangible fixed assets | 26 | €18,484 | €14,407 | -€4,077 | -22.1% |
| Current assets | 29/58 | €401,384 | €327,983 | -€73,401 | -18.3% |
| Stocks and contracts in progress | 3 | €170,448 | €171,465 | +€1,017 | +0.6% |
| Stocks | 30/36 | €170,448 | €171,465 | +€1,017 | +0.6% |
| Amounts receivable within one year | 40/41 | €44,629 | €51,963 | +€7,334 | +16.4% |
| Trade receivables | 40 | €9,270 | €21,720 | +€12,450 | +134% |
| Other amounts receivable | 41 | €35,359 | €30,243 | -€5,116 | -14.5% |
| Cash at bank and in hand | 54/58 | €184,232 | €102,644 | -€81,588 | -44.3% |
| Deferred charges and accrued income | 490/1 | €2,076 | €1,911 | -€165 | -7.9% |
| Total equity and liabilities | 10/49 | €785,022 | €671,864 | -€113,158 | -14.4% |
| Equity | 10/15 | €280,905 | €137,941 | -€142,964 | -50.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €219,405 | €76,441 | -€142,964 | -65.2% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,681 | €39,681 | = | 0.0% |
| Distributable reserves | 133 | €173,574 | €30,610 | -€142,964 | -82.4% |
| Amounts payable | 17/49 | €504,117 | €533,923 | +€29,806 | +5.9% |
| Amounts payable after more than one year | 17 | €117,944 | €216,310 | +€98,366 | +83.4% |
| Financial debts | 170/4 | €117,944 | €41,310 | -€76,634 | -65.0% |
| Other amounts payable | 178/9 | - | €175,000 | +€175,000 | |
| Amounts payable within one year | 42/48 | €386,173 | €317,613 | -€68,560 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €39,205 | €13,539 | -€25,666 | -65.5% |
| Trade debts | 44 | €236,254 | €255,449 | +€19,195 | +8.1% |
| Suppliers | 440/4 | €236,254 | €255,449 | +€19,195 | +8.1% |
| Advances received on contracts in progress | 46 | €7,966 | - | -€7,966 | |
| Taxes, remuneration and social security | 45 | €66,218 | €48,625 | -€17,593 | -26.6% |
| Taxes | 450/3 | €25,493 | €21,780 | -€3,712 | -14.6% |
| Remuneration and social security | 454/9 | €40,726 | €26,845 | -€13,881 | -34.1% |
| Other amounts payable | 47/48 | €36,529 | - | -€36,529 | |
| Remuneration, social security and pensions | 62 | €169,641 | €227,784 | +€58,143 | +34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,626 | €47,196 | -€3,430 | -6.8% |
| Other operating charges | 640/8 | €6,123 | €17,457 | +€11,333 | +185% |
| Gross operating margin | 9900 | €311,634 | €156,636 | -€154,998 | -49.7% |
| Operating profit (loss) | 9901 | €85,243 | -€135,800 | -€221,044 | |
| Financial income | 75/76B | €765 | €179 | -€586 | -76.5% |
| Recurring financial income | 75 | €765 | €179 | -€586 | -76.5% |
| Financial charges | 65/66B | €3,742 | €7,085 | +€3,343 | +89.3% |
| Recurring financial charges | 65 | €3,742 | €7,085 | +€3,343 | +89.3% |
| Profit (loss) for the period before taxes | 9903 | €82,266 | -€142,706 | -€224,972 | |
| Income taxes | 67/77 | €23,393 | €258 | -€23,135 | -98.9% |
| Profit (loss) for the period | 9904 | €58,873 | -€142,964 | -€201,837 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,873 | -€142,964 | -€201,837 |
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 22 October 2026 via checked.be.