PUNT COMMA: 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.
PUNT COMMA
Largest movements
- Cash +€7,329
up €7,329 (+42.1%), from €17,398 to €24,727
mainly Net result for the year (+€6,604) and Tax, wage and social debts (+€3,187)
- Tangible fixed assets -€1,793
down €1,793 (-1.9%), from €95,185 to €93,391
- Reserves +€6,604
up €6,604 (+16.1%), from €40,995 to €47,599
of which Distributable reserves: +€6,604
- Other debts -€4,282
down €4,282 (-8.6%), from €50,082 to €45,799
- Tax, wage and social debts +€3,187
up €3,187 (+164.4%), from €1,938 to €5,126
of which Taxes: +€3,179
- Accrued charges and deferred income +€1,943
up €1,943 (+123.4%), from €1,575 to €3,518
- Gross operating margin +€11,124
up €11,124 (+186.0%), from €5,981 to €17,105
- Taxes +€2,616
up €2,616 (+818.3%), from €320 to €2,936
- Financial charges +€1,953
up €1,953 (+118.7%), from €1,645 to €3,597
- Financial income -€241
down €241 (-99.6%), from €242 to €1
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 | €113,881 | €121,267 | +€7,385 | +6.5% |
| Fixed assets | 21/28 | €95,215 | €93,421 | -€1,793 | -1.9% |
| Tangible fixed assets | 22/27 | €95,185 | €93,391 | -€1,793 | -1.9% |
| Land and buildings | 22 | €87,414 | €87,003 | -€411 | -0.5% |
| Plant, machinery and equipment | 23 | €6,341 | €5,566 | -€776 | -12.2% |
| Furniture and vehicles | 24 | €1,429 | €823 | -€607 | -42.4% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €18,666 | €27,845 | +€9,179 | +49.2% |
| Amounts receivable within one year | 40/41 | €180 | €1,186 | +€1,006 | +557.8% |
| Trade receivables | 40 | €0 | €1,027 | +€1,027 | |
| Other amounts receivable | 41 | €180 | €159 | -€22 | -12.0% |
| Cash at bank and in hand | 54/58 | €17,398 | €24,727 | +€7,329 | +42.1% |
| Deferred charges and accrued income | 490/1 | €1,088 | €1,933 | +€845 | +77.7% |
| Total equity and liabilities | 10/49 | €113,881 | €121,267 | +€7,385 | +6.5% |
| Equity | 10/15 | €59,595 | €66,199 | +€6,604 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,995 | €47,599 | +€6,604 | +16.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €40,995 | €47,599 | +€6,604 | +16.1% |
| Amounts payable | 17/49 | €54,286 | €55,068 | +€782 | +1.4% |
| Amounts payable within one year | 42/48 | €52,711 | €51,549 | -€1,161 | -2.2% |
| Trade debts | 44 | €690 | €624 | -€66 | -9.6% |
| Suppliers | 440/4 | €690 | €624 | -€66 | -9.6% |
| Taxes, remuneration and social security | 45 | €1,938 | €5,126 | +€3,187 | +164.4% |
| Taxes | 450/3 | €720 | €3,898 | +€3,179 | +441.8% |
| Remuneration and social security | 454/9 | €1,219 | €1,228 | +€9 | +0.7% |
| Other amounts payable | 47/48 | €50,082 | €45,799 | -€4,282 | -8.6% |
| Accrued charges and deferred income | 492/3 | €1,575 | €3,518 | +€1,943 | +123.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,793 | €1,793 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,111 | €2,175 | +€64 | +3.0% |
| Gross operating margin | 9900 | €5,981 | €17,105 | +€11,124 | +186.0% |
| Operating profit (loss) | 9901 | €2,076 | €13,136 | +€11,060 | +532.8% |
| Financial income | 75/76B | €242 | €1 | -€241 | -99.6% |
| Recurring financial income | 75 | €242 | €1 | -€241 | -99.6% |
| Financial charges | 65/66B | €1,645 | €3,597 | +€1,953 | +118.7% |
| Recurring financial charges | 65 | €1,645 | €3,597 | +€1,953 | +118.7% |
| Profit (loss) for the period before taxes | 9903 | €674 | €9,540 | +€8,866 | +1316.3% |
| Income taxes | 67/77 | €320 | €2,936 | +€2,616 | +818.3% |
| Profit (loss) for the period | 9904 | €354 | €6,604 | +€6,250 | +1766.1% |
| Profit (loss) for the period to be appropriated | 9905 | €354 | €6,604 | +€6,250 | +1766.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.