DE POELBERG: 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.
DE POELBERG
Largest movements
- Cash +€1.5m
up €1.5m (+399%), from €381,589 to €1.9m
mainly Net result for the year (+€915,050) and Receivables within one year (+€599,714)
- Receivables within one year -€599,714
down €599,714 (-57.5%), from €1.0m to €442,576
of which Other amounts receivable: -€976,789
- Profit (loss) carried forward +€915,050
up €915,050 (+30.7%), from €3.0m to €3.9m
- Tax, wage and social debts +€70,801
up €70,801 (+127%), from €55,673 to €126,473
of which Taxes: +€57,316
- Financial income +€651,428
up €651,428 (+39,348%), from €1,656 to €653,083
- Turnover +€328,355
up €328,355 (+56.2%), from €584,640 to €912,995
- Taxes +€80,694
up €80,694 (+378%), from €21,346 to €102,039
of which Taxes: +€80,706
- Staff costs +€62,061
up €62,061 (+21.4%), from €290,225 to €352,286
- Services and other goods -€18,314
down €18,314 (-8.7%), from €211,631 to €193,317
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 | €4,690,904 | €5,615,618 | +€924,715 | +19.7% |
| Fixed assets | 21/28 | €3,267,023 | €3,267,023 | = | 0.0% |
| Financial fixed assets | 28 | €3,267,023 | €3,267,023 | = | 0.0% |
| Affiliated companies | 280/1 | €3,267,023 | €3,267,023 | = | 0.0% |
| Participating interests | 280 | €3,267,023 | €3,267,023 | = | 0.0% |
| Current assets | 29/58 | €1,423,880 | €2,348,595 | +€924,715 | +64.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,042,291 | €442,576 | -€599,714 | -57.5% |
| Trade receivables | 40 | €48,720 | €425,795 | +€377,075 | +774% |
| Other amounts receivable | 41 | €993,571 | €16,781 | -€976,789 | -98.3% |
| Cash at bank and in hand | 54/58 | €381,589 | €1,905,552 | +€1.5m | +399% |
| Deferred charges and accrued income | 490/1 | - | €467 | +€467 | |
| Total equity and liabilities | 10/49 | €4,690,904 | €5,615,618 | +€924,715 | +19.7% |
| Equity | 10/15 | €4,384,555 | €5,299,605 | +€915,050 | +20.9% |
| Contributions | 10/11 | €210,500 | €210,500 | = | 0.0% |
| Revaluation surpluses | 12 | €1,122,098 | €1,122,098 | = | 0.0% |
| Reserves | 13 | €69,800 | €69,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €51,050 | €51,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,982,158 | €3,897,207 | +€915,050 | +30.7% |
| Amounts payable | 17/49 | €306,348 | €316,013 | +€9,665 | +3.2% |
| Amounts payable after more than one year | 17 | €161,161 | €115,688 | -€45,474 | -28.2% |
| Financial debts | 170/4 | €161,161 | €115,688 | -€45,474 | -28.2% |
| Other loans | 174 | €161,161 | €115,688 | -€45,474 | -28.2% |
| Amounts payable within one year | 42/48 | €145,187 | €200,326 | +€55,139 | +38.0% |
| Current portion of amounts payable after more than one year | 42 | €44,132 | €45,474 | +€1,342 | +3.0% |
| Trade debts | 44 | €45,383 | €28,379 | -€17,004 | -37.5% |
| Suppliers | 440/4 | €45,383 | €28,379 | -€17,004 | -37.5% |
| Taxes, remuneration and social security | 45 | €55,673 | €126,473 | +€70,801 | +127% |
| Taxes | 450/3 | €9,617 | €66,932 | +€57,316 | +596% |
| Remuneration and social security | 454/9 | €46,056 | €59,541 | +€13,485 | +29.3% |
| Operating income | 70/76A | €587,871 | €916,565 | +€328,695 | +55.9% |
| Turnover | 70 | €584,640 | €912,995 | +€328,355 | +56.2% |
| Other operating income | 74 | €3,231 | €3,570 | +€340 | +10.5% |
| Operating charges | 60/66A | €502,993 | €546,759 | +€43,765 | +8.7% |
| Services and other goods | 61 | €211,631 | €193,317 | -€18,314 | -8.7% |
| Remuneration, social security and pensions | 62 | €290,225 | €352,286 | +€62,061 | +21.4% |
| Other operating charges | 640/8 | €1,137 | €1,156 | +€19 | +1.7% |
| Operating profit (loss) | 9901 | €84,877 | €369,807 | +€284,929 | +336% |
| Financial income | 75/76B | €1,656 | €653,083 | +€651,428 | +39,348% |
| Recurring financial income | 75 | €1,656 | €653,083 | +€651,428 | +39,348% |
| Income from financial fixed assets | 750 | €0 | €628,496 | +€628,496 | |
| Income from current assets | 751 | €1,656 | €24,587 | +€22,932 | +1,385% |
| Financial charges | 65/66B | €7,017 | €5,801 | -€1,216 | -17.3% |
| Recurring financial charges | 65 | €7,017 | €5,801 | -€1,216 | -17.3% |
| Debt charges | 650 | €6,858 | €5,555 | -€1,303 | -19.0% |
| Other financial charges | 652/9 | €159 | €246 | +€87 | +54.6% |
| Profit (loss) for the period before taxes | 9903 | €79,516 | €1,017,089 | +€937,573 | +1,179% |
| Income taxes | 67/77 | €21,346 | €102,039 | +€80,694 | +378% |
| Taxes | 670/3 | €21,347 | €102,053 | +€80,706 | +378% |
| Tax adjustments and reversals of tax provisions | 77 | €1 | €13 | +€12 | +1,135% |
| Profit (loss) for the period | 9904 | €58,171 | €915,050 | +€856,879 | +1,473% |
| Profit (loss) for the period to be appropriated | 9905 | €58,171 | €915,050 | +€856,879 | +1,473% |
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 24 October 2026 via checked.be.