DE POPULIER: 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 POPULIER
Largest movements
- Cash +€35,406
up €35,406 (+63.2%), from €55,981 to €91,387
mainly Net result for the year (+€26,851) and Depreciation (+€9,795)
- Current investments +€10,627
up €10,627 (+9.6%), from €110,920 to €121,547
- Tangible fixed assets -€8,635
down €8,635 (-26.1%), from €33,050 to €24,415
- Reserves +€26,851
up €26,851 (+41.3%), from €64,939 to €91,790
of which Distributable reserves: +€26,851
- Tax, wage and social debts +€6,633
up €6,633 (+97.4%), from €6,807 to €13,440
- Other debts +€4,238
up €4,238 (+9.0%), from €46,983 to €51,222
- Gross operating margin +€4,412
up €4,412 (+10.4%), from €42,253 to €46,665
- Taxes +€2,288
up €2,288 (+21.8%), from €10,507 to €12,795
- Financial income +€2,076
up €2,076 (+76.5%), from €2,715 to €4,791
- Other operating charges -€1,056
down €1,056 (-52.9%), from €1,995 to €939
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 | €208,250 | €245,617 | +€37,368 | +17.9% |
| Fixed assets | 21/28 | €33,050 | €24,415 | -€8,635 | -26.1% |
| Tangible fixed assets | 22/27 | €33,050 | €24,415 | -€8,635 | -26.1% |
| Land and buildings | 22 | €9,751 | €7,784 | -€1,967 | -20.2% |
| Plant, machinery and equipment | 23 | €20,205 | €16,631 | -€3,575 | -17.7% |
| Furniture and vehicles | 24 | €3,094 | €0 | -€3,094 | -100% |
| Current assets | 29/58 | €175,200 | €221,203 | +€46,003 | +26.3% |
| Amounts receivable within one year | 40/41 | €5,737 | €7,022 | +€1,285 | +22.4% |
| Trade receivables | 40 | €5,737 | €7,022 | +€1,285 | +22.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €110,920 | €121,547 | +€10,627 | +9.6% |
| Cash at bank and in hand | 54/58 | €55,981 | €91,387 | +€35,406 | +63.2% |
| Deferred charges and accrued income | 490/1 | €2,562 | €1,247 | -€1,315 | -51.3% |
| Total equity and liabilities | 10/49 | €208,250 | €245,617 | +€37,368 | +17.9% |
| Equity | 10/15 | €153,956 | €180,806 | +€26,851 | +17.4% |
| Contributions | 10/11 | €89,016 | €89,016 | = | 0.0% |
| Reserves | 13 | €64,939 | €91,790 | +€26,851 | +41.3% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,012 | €18,012 | = | 0.0% |
| Distributable reserves | 133 | €44,927 | €71,778 | +€26,851 | +59.8% |
| Amounts payable | 17/49 | €54,294 | €64,811 | +€10,517 | +19.4% |
| Amounts payable within one year | 42/48 | €54,294 | €64,811 | +€10,517 | +19.4% |
| Trade debts | 44 | €504 | €150 | -€354 | -70.2% |
| Suppliers | 440/4 | €504 | €150 | -€354 | -70.2% |
| Taxes, remuneration and social security | 45 | €6,807 | €13,440 | +€6,633 | +97.4% |
| Taxes | 450/3 | €6,807 | €13,440 | +€6,633 | +97.4% |
| Other amounts payable | 47/48 | €46,983 | €51,222 | +€4,238 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,660 | €9,795 | +€136 | +1.4% |
| Other operating charges | 640/8 | €1,995 | €939 | -€1,056 | -52.9% |
| Gross operating margin | 9900 | €42,253 | €46,665 | +€4,412 | +10.4% |
| Operating profit (loss) | 9901 | €30,599 | €35,931 | +€5,332 | +17.4% |
| Financial income | 75/76B | €2,715 | €4,791 | +€2,076 | +76.5% |
| Recurring financial income | 75 | €2,715 | €4,791 | +€2,076 | +76.5% |
| Financial charges | 65/66B | €1,182 | €1,076 | -€105 | -8.9% |
| Recurring financial charges | 65 | €1,182 | €1,076 | -€105 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €32,132 | €39,645 | +€7,513 | +23.4% |
| Income taxes | 67/77 | €10,507 | €12,795 | +€2,288 | +21.8% |
| Profit (loss) for the period | 9904 | €21,626 | €26,851 | +€5,225 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,626 | €26,851 | +€5,225 | +24.2% |
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 13 October 2026 via checked.be.