SCIERIE PONCELET: 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.
SCIERIE PONCELET
Largest movements
- Stocks and contracts +€59,550
up €59,550 (+51.7%), from €115,280 to €174,830
- Tangible fixed assets +€52,053
up €52,053 (+7.3%), from €710,569 to €762,622
of which Plant, machinery and equipment: +€86,415
- Cash +€31,455
up €31,455 (+59.0%), from €53,342 to €84,797
mainly Depreciation (+€211,543) and Debts after one year (+€105,958)
- Receivables within one year -€23,343
down €23,343 (-18.8%), from €124,011 to €100,669
of which Trade receivables: -€23,692
- Debts after one year +€105,958
up €105,958 (+258%), from €41,079 to €147,036
- Current portion of long-term debt +€41,749
up €41,749 (+103%), from €40,532 to €82,281
- Trade debts -€16,892
down €16,892 (-27.6%), from €61,279 to €44,387
- Tax, wage and social debts -€13,394
down €13,394 (-46.1%), from €29,030 to €15,636
of which Taxes: -€8,943
- Gross operating margin +€103,189
up €103,189 (+36.8%), from €280,249 to €383,438
- Depreciation +€31,049
up €31,049 (+17.2%), from €180,494 to €211,543
- Staff costs -€14,868
down €14,868 (-9.3%), from €159,475 to €144,607
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 | €1,003,277 | €1,122,993 | +€119,716 | +11.9% |
| Fixed assets | 21/28 | €710,644 | €762,697 | +€52,053 | +7.3% |
| Tangible fixed assets | 22/27 | €710,569 | €762,622 | +€52,053 | +7.3% |
| Land and buildings | 22 | €169,022 | €152,069 | -€16,953 | -10.0% |
| Plant, machinery and equipment | 23 | €436,357 | €522,772 | +€86,415 | +19.8% |
| Furniture and vehicles | 24 | €105,190 | €87,781 | -€17,409 | -16.6% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €292,633 | €360,296 | +€67,662 | +23.1% |
| Stocks and contracts in progress | 3 | €115,280 | €174,830 | +€59,550 | +51.7% |
| Stocks | 30/36 | €115,280 | €174,830 | +€59,550 | +51.7% |
| Amounts receivable within one year | 40/41 | €124,011 | €100,669 | -€23,343 | -18.8% |
| Trade receivables | 40 | €120,552 | €96,860 | -€23,692 | -19.7% |
| Other amounts receivable | 41 | €3,459 | €3,809 | +€350 | +10.1% |
| Cash at bank and in hand | 54/58 | €53,342 | €84,797 | +€31,455 | +59.0% |
| Total equity and liabilities | 10/49 | €1,003,277 | €1,122,993 | +€119,716 | +11.9% |
| Equity | 10/15 | €828,958 | €831,256 | +€2,298 | +0.3% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Capital | 10 | €450,000 | €450,000 | = | 0.0% |
| Issued capital | 100 | €450,000 | €450,000 | = | 0.0% |
| Reserves | 13 | €315,000 | €315,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €45,000 | €45,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €270,000 | €270,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,934 | €48,778 | +€7,844 | +19.2% |
| Investment grants | 15 | €23,023 | €17,478 | -€5,546 | -24.1% |
| Amounts payable | 17/49 | €174,320 | €291,737 | +€117,417 | +67.4% |
| Amounts payable after more than one year | 17 | €41,079 | €147,036 | +€105,958 | +258% |
| Financial debts | 170/4 | €41,079 | €147,036 | +€105,958 | +258% |
| Amounts payable within one year | 42/48 | €133,241 | €144,701 | +€11,460 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €40,532 | €82,281 | +€41,749 | +103% |
| Trade debts | 44 | €61,279 | €44,387 | -€16,892 | -27.6% |
| Suppliers | 440/4 | €61,279 | €44,387 | -€16,892 | -27.6% |
| Taxes, remuneration and social security | 45 | €29,030 | €15,636 | -€13,394 | -46.1% |
| Taxes | 450/3 | €10,003 | €1,060 | -€8,943 | -89.4% |
| Remuneration and social security | 454/9 | €19,027 | €14,575 | -€4,451 | -23.4% |
| Other amounts payable | 47/48 | €2,400 | €2,396 | -€3 | -0.1% |
| Remuneration, social security and pensions | 62 | €159,475 | €144,607 | -€14,868 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180,494 | €211,543 | +€31,049 | +17.2% |
| Other operating charges | 640/8 | €17,769 | €17,520 | -€249 | -1.4% |
| Non-recurring operating charges | 66A | - | €120 | +€120 | |
| Gross operating margin | 9900 | €280,249 | €383,438 | +€103,189 | +36.8% |
| Operating profit (loss) | 9901 | -€77,488 | €9,649 | +€87,137 | |
| Financial income | 75/76B | €6,033 | €5,691 | -€342 | -5.7% |
| Recurring financial income | 75 | €6,033 | €5,691 | -€342 | -5.7% |
| Financial charges | 65/66B | €3,665 | €7,496 | +€3,831 | +105% |
| Recurring financial charges | 65 | €3,665 | €7,496 | +€3,831 | +105% |
| Profit (loss) for the period before taxes | 9903 | -€75,120 | €7,844 | +€82,964 | |
| Profit (loss) for the period | 9904 | -€75,120 | €7,844 | +€82,964 | |
| Profit (loss) for the period to be appropriated | 9905 | -€75,120 | €7,844 | +€82,964 |
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 30 October 2026 via checked.be.