PUNCH CONSULTING: 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.
PUNCH CONSULTING
Largest movements
- Tangible fixed assets +€79,369
up €79,369 (+4462.1%), from €1,779 to €81,148
of which Plant, machinery and equipment: +€75,562
- Receivables within one year +€72,561
up €72,561 (+63.3%), from €114,607 to €187,168
of which Trade receivables: +€75,390
- Cash +€25,693
up €25,693 (+2553.9%), from €1,006 to €26,699
mainly Trade debts (+€124,998) and Advances received (+€54,000)
- Receivables after one year +€11,300
up €11,300 (+3.9%), from €290,389 to €301,689
- Deferred charges and accrued income +€6,695
up €6,695 (+65.8%), from €10,183 to €16,878
- Trade debts +€124,998
up €124,998 (+195.0%), from €64,114 to €189,112
- Advances received +€54,000
new in 2025: €54,000
- Current portion of long-term debt +€48,933
up €48,933 (+247.8%), from €19,747 to €68,680
- Other debts -€28,091
down €28,091 (-99.1%), from €28,347 to €256
- Tax, wage and social debts -€16,613
down €16,613 (-43.1%), from €38,563 to €21,950
of which Taxes: -€19,113
- Turnover +€367,946
new in 2025: €367,946
- Purchases and services +€343,042
new in 2025: €343,042
- Gross operating margin +€26,665
up €26,665 (+822.5%), from €3,242 to €29,907
- Depreciation +€8,906
up €8,906 (+36144.0%), from €25 to €8,931
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 | €417,964 | €617,633 | +€199,669 | +47.8% |
| Fixed assets | 21/28 | €1,779 | €85,198 | +€83,419 | +4689.8% |
| Tangible fixed assets | 22/27 | €1,779 | €81,148 | +€79,369 | +4462.1% |
| Plant, machinery and equipment | 23 | - | €75,562 | +€75,562 | |
| Furniture and vehicles | 24 | €1,779 | €1,418 | -€361 | -20.3% |
| Other tangible fixed assets | 26 | - | €4,168 | +€4,168 | |
| Financial fixed assets | 28 | - | €4,050 | +€4,050 | |
| Current assets | 29/58 | €416,186 | €532,435 | +€116,249 | +27.9% |
| Amounts receivable after more than one year | 29 | €290,389 | €301,689 | +€11,300 | +3.9% |
| Other amounts receivable | 291 | €290,389 | €301,689 | +€11,300 | +3.9% |
| Amounts receivable within one year | 40/41 | €114,607 | €187,168 | +€72,561 | +63.3% |
| Trade receivables | 40 | €59,107 | €134,497 | +€75,390 | +127.5% |
| Other amounts receivable | 41 | €55,500 | €52,671 | -€2,829 | -5.1% |
| Cash at bank and in hand | 54/58 | €1,006 | €26,699 | +€25,693 | +2553.9% |
| Deferred charges and accrued income | 490/1 | €10,183 | €16,878 | +€6,695 | +65.8% |
| Total equity and liabilities | 10/49 | €417,964 | €617,633 | +€199,669 | +47.8% |
| Equity | 10/15 | €243,332 | €257,661 | +€14,330 | +5.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €235,272 | €249,601 | +€14,330 | +6.1% |
| Amounts payable | 17/49 | €174,633 | €359,972 | +€185,339 | +106.1% |
| Amounts payable after more than one year | 17 | €23,861 | €25,974 | +€2,112 | +8.9% |
| Financial debts | 170/4 | €23,861 | €25,974 | +€2,112 | +8.9% |
| Amounts payable within one year | 42/48 | €150,771 | €333,998 | +€183,227 | +121.5% |
| Current portion of amounts payable after more than one year | 42 | €19,747 | €68,680 | +€48,933 | +247.8% |
| Trade debts | 44 | €64,114 | €189,112 | +€124,998 | +195.0% |
| Suppliers | 440/4 | €64,114 | €189,112 | +€124,998 | +195.0% |
| Advances received on contracts in progress | 46 | - | €54,000 | +€54,000 | |
| Taxes, remuneration and social security | 45 | €38,563 | €21,950 | -€16,613 | -43.1% |
| Taxes | 450/3 | €38,563 | €19,450 | -€19,113 | -49.6% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €28,347 | €256 | -€28,091 | -99.1% |
| Turnover | 70 | - | €367,946 | +€367,946 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €343,042 | +€343,042 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25 | €8,931 | +€8,906 | +36144.0% |
| Other operating charges | 640/8 | €631 | €2,935 | +€2,303 | +364.9% |
| Gross operating margin | 9900 | €3,242 | €29,907 | +€26,665 | +822.5% |
| Operating profit (loss) | 9901 | €2,586 | €18,042 | +€15,456 | +597.7% |
| Financial income | 75/76B | €10,619 | €7,664 | -€2,954 | -27.8% |
| Recurring financial income | 75 | €10,619 | €7,664 | -€2,954 | -27.8% |
| Financial charges | 65/66B | €9,164 | €8,507 | -€657 | -7.2% |
| Recurring financial charges | 65 | €9,164 | €8,507 | -€657 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €4,040 | €17,200 | +€13,159 | +325.7% |
| Income taxes | 67/77 | €2,217 | €2,870 | +€653 | +29.4% |
| Profit (loss) for the period | 9904 | €1,823 | €14,330 | +€12,507 | +686.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,823 | €14,330 | +€12,507 | +686.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.