ERIC POIVRE: 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.
ERIC POIVRE
Largest movements
- Tangible fixed assets -€18,977
down €18,977 (-16.3%), from €116,459 to €97,482
of which Furniture and vehicles: -€11,694
- Receivables within one year +€12,724
up €12,724 (+36.3%), from €35,060 to €47,784
of which Trade receivables: +€16,652
- Deferred charges and accrued income -€2,646
down €2,646 (-72.4%), from €3,655 to €1,009
- Other debts +€14,286
new in 2025: €14,286
- Debts after one year -€12,956
down €12,956 (-30.3%), from €42,786 to €29,830
- Profit (loss) carried forward -€8,793
down €8,793 (-9.6%), from €92,034 to €83,241
- Tax, wage and social debts +€3,527
up €3,527 (+721.3%), from €489 to €4,016
of which Taxes: +€3,877
- Trade debts -€3,235
down €3,235 (-73.0%), from €4,431 to €1,196
- Taxes +€3,365
up €3,365, from -€766 to €2,599
- Other operating charges +€1,082
up €1,082 (+63.9%), from €1,693 to €2,775
- Financial charges -€852
down €852 (-26.8%), from €3,176 to €2,324
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 | €183,323 | €174,661 | -€8,662 | -4.7% |
| Fixed assets | 21/28 | €134,439 | €115,462 | -€18,977 | -14.1% |
| Tangible fixed assets | 22/27 | €116,459 | €97,482 | -€18,977 | -16.3% |
| Land and buildings | 22 | €62,866 | €55,583 | -€7,283 | -11.6% |
| Furniture and vehicles | 24 | €53,593 | €41,899 | -€11,694 | -21.8% |
| Financial fixed assets | 28 | €17,980 | €17,980 | = | 0.0% |
| Current assets | 29/58 | €48,884 | €59,199 | +€10,315 | +21.1% |
| Stocks and contracts in progress | 3 | €825 | €825 | = | 0.0% |
| Stocks | 30/36 | €825 | €825 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,060 | €47,784 | +€12,724 | +36.3% |
| Trade receivables | 40 | €7,850 | €24,502 | +€16,652 | +212.1% |
| Other amounts receivable | 41 | €27,210 | €23,282 | -€3,928 | -14.4% |
| Current investments | 50/53 | €724 | €729 | +€5 | +0.7% |
| Cash at bank and in hand | 54/58 | €8,620 | €8,852 | +€232 | +2.7% |
| Deferred charges and accrued income | 490/1 | €3,655 | €1,009 | -€2,646 | -72.4% |
| Total equity and liabilities | 10/49 | €183,323 | €174,661 | -€8,662 | -4.7% |
| Equity | 10/15 | €121,945 | €112,378 | -€9,567 | -7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,440 | €7,440 | = | 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 | €5,580 | €5,580 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,034 | €83,241 | -€8,793 | -9.6% |
| Investment grants | 15 | €3,871 | €3,097 | -€774 | -20.0% |
| Amounts payable | 17/49 | €61,378 | €62,283 | +€905 | +1.5% |
| Amounts payable after more than one year | 17 | €42,786 | €29,830 | -€12,956 | -30.3% |
| Financial debts | 170/4 | €42,786 | €29,830 | -€12,956 | -30.3% |
| Amounts payable within one year | 42/48 | €18,592 | €32,453 | +€13,861 | +74.6% |
| Current portion of amounts payable after more than one year | 42 | €13,672 | €12,955 | -€717 | -5.2% |
| Trade debts | 44 | €4,431 | €1,196 | -€3,235 | -73.0% |
| Suppliers | 440/4 | €4,431 | €1,196 | -€3,235 | -73.0% |
| Taxes, remuneration and social security | 45 | €489 | €4,016 | +€3,527 | +721.3% |
| Taxes | 450/3 | €139 | €4,016 | +€3,877 | +2789.2% |
| Remuneration and social security | 454/9 | €350 | - | -€350 | |
| Other amounts payable | 47/48 | - | €14,286 | +€14,286 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,977 | €18,977 | = | 0.0% |
| Other operating charges | 640/8 | €1,693 | €2,775 | +€1,082 | +63.9% |
| Gross operating margin | 9900 | €30,525 | €30,384 | -€141 | -0.5% |
| Operating profit (loss) | 9901 | €9,855 | €8,632 | -€1,223 | -12.4% |
| Financial income | 75/76B | €2,089 | €1,784 | -€305 | -14.6% |
| Recurring financial income | 75 | €2,089 | €1,784 | -€305 | -14.6% |
| Financial charges | 65/66B | €3,176 | €2,324 | -€852 | -26.8% |
| Recurring financial charges | 65 | €3,176 | €2,324 | -€852 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €8,768 | €8,092 | -€676 | -7.7% |
| Income taxes | 67/77 | -€766 | €2,599 | +€3,365 | |
| Profit (loss) for the period | 9904 | €9,534 | €5,493 | -€4,041 | -42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,534 | €5,493 | -€4,041 | -42.4% |
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 5 October 2026 via checked.be.