DE POSTELEIN: 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.
DE POSTELEIN
Largest movements
- Tangible fixed assets +€177,808
up €177,808 (+2981.9%), from €5,963 to €183,771
of which Assets under construction and advance payments: +€179,034
- Current investments +€125,000
up €125,000 (+100.0%), from €125,000 to €250,000
- Cash -€58,511
down €58,511 (-20.0%), from €291,954 to €233,443
mainly Investment in fixed assets (net) (-€179,034) and Current investments (-€125,000)
- Receivables within one year -€23,189
down €23,189 (-20.4%), from €113,449 to €90,260
of which Other amounts receivable: -€42,631
- Profit (loss) carried forward +€161,998
up €161,998 (+104.5%), from €154,957 to €316,955
- Debts after one year +€122,185
new in 2025: €122,185
- Other debts -€69,828
down €69,828 (-73.0%), from €95,704 to €25,876
- Tax, wage and social debts +€9,563
up €9,563 (+23.0%), from €41,506 to €51,069
- Gross operating margin +€65,664
up €65,664 (+43.6%), from €150,771 to €216,435
- Taxes +€15,397
up €15,397 (+43.4%), from €35,483 to €50,880
- Financial income -€4,238
down €4,238 (-97.6%), from €4,344 to €106
of which Non-recurring financial income: -€2,673
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 | €536,879 | €759,767 | +€222,888 | +41.5% |
| Fixed assets | 21/28 | €5,964 | €183,772 | +€177,808 | +2981.4% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €5,963 | €183,771 | +€177,808 | +2981.9% |
| Plant, machinery and equipment | 23 | €5,164 | €4,204 | -€960 | -18.6% |
| Other tangible fixed assets | 26 | €799 | €533 | -€266 | -33.3% |
| Assets under construction and advance payments | 27 | - | €179,034 | +€179,034 | |
| Current assets | 29/58 | €530,915 | €575,995 | +€45,080 | +8.5% |
| Stocks and contracts in progress | 3 | €512 | €512 | = | 0.0% |
| Stocks | 30/36 | €512 | €512 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €113,449 | €90,260 | -€23,189 | -20.4% |
| Trade receivables | 40 | €14,058 | €33,500 | +€19,442 | +138.3% |
| Other amounts receivable | 41 | €99,391 | €56,760 | -€42,631 | -42.9% |
| Current investments | 50/53 | €125,000 | €250,000 | +€125,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €291,954 | €233,443 | -€58,511 | -20.0% |
| Deferred charges and accrued income | 490/1 | - | €1,780 | +€1,780 | |
| Total equity and liabilities | 10/49 | €536,879 | €759,767 | +€222,888 | +41.5% |
| Equity | 10/15 | €389,417 | €551,415 | +€161,998 | +41.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €215,860 | €215,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €214,000 | €214,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,957 | €316,955 | +€161,998 | +104.5% |
| Amounts payable | 17/49 | €147,462 | €208,352 | +€60,890 | +41.3% |
| Amounts payable after more than one year | 17 | - | €122,185 | +€122,185 | |
| Financial debts | 170/4 | - | €122,185 | +€122,185 | |
| Amounts payable within one year | 42/48 | €147,462 | €85,760 | -€61,702 | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €3,389 | €6,713 | +€3,324 | +98.1% |
| Financial debts | 43 | - | €2,102 | +€2,102 | |
| Credit institutions | 430/8 | - | €2,102 | +€2,102 | |
| Trade debts | 44 | €6,863 | - | -€6,863 | |
| Suppliers | 440/4 | €6,863 | - | -€6,863 | |
| Taxes, remuneration and social security | 45 | €41,506 | €51,069 | +€9,563 | +23.0% |
| Taxes | 450/3 | €41,506 | €51,069 | +€9,563 | +23.0% |
| Other amounts payable | 47/48 | €95,704 | €25,876 | -€69,828 | -73.0% |
| Accrued charges and deferred income | 492/3 | - | €407 | +€407 | |
| Remuneration, social security and pensions | 62 | €1,464 | €1,600 | +€136 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €827 | €1,226 | +€399 | +48.2% |
| Other operating charges | 640/8 | €928 | €628 | -€300 | -32.3% |
| Gross operating margin | 9900 | €150,771 | €216,435 | +€65,664 | +43.6% |
| Operating profit (loss) | 9901 | €147,552 | €212,981 | +€65,429 | +44.3% |
| Financial income | 75/76B | €4,344 | €106 | -€4,238 | -97.6% |
| Recurring financial income | 75 | €1,671 | €106 | -€1,565 | -93.7% |
| Non-recurring financial income | 76B | €2,673 | - | -€2,673 | |
| Financial charges | 65/66B | €375 | €209 | -€166 | -44.3% |
| Recurring financial charges | 65 | €375 | €209 | -€166 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €151,521 | €212,878 | +€61,357 | +40.5% |
| Income taxes | 67/77 | €35,483 | €50,880 | +€15,397 | +43.4% |
| Profit (loss) for the period | 9904 | €116,038 | €161,998 | +€45,960 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €116,038 | €161,998 | +€45,960 | +39.6% |
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 7 October 2026 via checked.be.