Punjab: 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.
Punjab
Largest movements
- Cash -€13,497
down €13,497 (-46.8%), from €28,869 to €15,372
- Tangible fixed assets -€2,950
down €2,950 (-4.6%), from €64,726 to €61,775
- Receivables within one year +€2,779
up €2,779 (+139%), from €2,000 to €4,779
- Debts within one year -€15,048
down €15,048 (-31.4%), from €47,874 to €32,826
- Accrued charges and deferred income +€10,442
new in 2025: €10,442
- Profit (loss) carried forward -€9,062
down €9,062 (-50.3%), from -€18,033 to -€27,095
- Gross operating margin -€12,871
down €12,871, from €12,599 to -€272
- Other operating charges +€4,122
new in 2025: €4,122
- Depreciation -€1,349
down €1,349 (-45.0%), from €3,000 to €1,651
- Financial charges +€259
new in 2025: €259
From the 2019 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,594 | €81,927 | -€13,668 | -14.3% |
| Fixed assets | 21/28 | €64,726 | €61,775 | -€2,950 | -4.6% |
| Tangible fixed assets | 22/27 | €64,726 | €61,775 | -€2,950 | -4.6% |
| Land and buildings | 22 | - | €61,725 | +€61,725 | |
| Plant, machinery and equipment | 23 | - | €50 | +€50 | |
| Current assets | 29/58 | €30,869 | €20,151 | -€10,718 | -34.7% |
| Amounts receivable within one year | 40/41 | €2,000 | €4,779 | +€2,779 | +139% |
| Other amounts receivable | 41 | - | €4,779 | +€4,779 | |
| Cash at bank and in hand | 54/58 | €28,869 | €15,372 | -€13,497 | -46.8% |
| Total equity and liabilities | 10/49 | €95,594 | €81,927 | -€13,668 | -14.3% |
| Equity | 10/15 | €40,720 | €31,658 | -€9,062 | -22.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €40,161 | €40,161 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €2,572 | +€2,572 | |
| Other | 1319 | - | €2,572 | +€2,572 | |
| Distributable reserves | 133 | - | €37,589 | +€37,589 | |
| Profit (loss) carried forward | 14 | -€18,033 | -€27,095 | -€9,062 | -50.3% |
| Amounts payable | 17/49 | €54,874 | €50,269 | -€4,605 | -8.4% |
| Amounts payable after more than one year | 17 | €7,000 | €7,000 | = | 0.0% |
| Other amounts payable | 178/9 | - | €7,000 | +€7,000 | |
| Amounts payable within one year | 42/48 | €47,874 | €32,826 | -€15,048 | -31.4% |
| Trade debts | 44 | €2,258 | €19,680 | +€17,422 | +771% |
| Suppliers | 440/4 | - | €19,680 | +€19,680 | |
| Other amounts payable | 47/48 | - | €13,146 | +€13,146 | |
| Accrued charges and deferred income | 492/3 | - | €10,442 | +€10,442 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,000 | €1,651 | -€1,349 | -45.0% |
| Other operating charges | 640/8 | - | €4,122 | +€4,122 | |
| Non-recurring operating charges | 66A | - | €125 | +€125 | |
| Gross operating margin | 9900 | €12,599 | -€272 | -€12,871 | |
| Operating profit (loss) | 9901 | €6,447 | -€6,170 | -€12,618 | |
| Financial charges | 65/66B | - | €259 | +€259 | |
| Recurring financial charges | 65 | €57 | €259 | +€203 | +358% |
| Profit (loss) for the period before taxes | 9903 | €6,391 | -€6,430 | -€12,821 | |
| Profit (loss) for the period | 9904 | €6,391 | -€6,430 | -€12,821 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,391 | -€6,430 | -€12,821 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.