Ets. L. PODEVYN: 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.
What changed
Ets. L. PODEVYN
NACE 46.649, Wholesale of other machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€26,415
2024 · €8,188-€34,603
Equity
€2.1m
2024 · €2.2m-€26,415
Cash
€107,189
2024 · €94,667+€12,522
Balance sheet total
€3.5m
2024 · €3.6m-€161,356
Largest movements
Assets
- Receivables within one year -€152,713
down €152,713 (-24.8%), from €615,292 to €462,578
of which Trade receivables: -€152,713
Equity and liabilities
- Trade debts -€172,533
down €172,533 (-53.0%), from €325,534 to €153,001
Income statement
- Staff costs +€19,702
up €19,702 (+14.4%), from €136,429 to €156,131
- Gross operating margin -€9,274
down €9,274 (-4.7%), from €198,501 to €189,226
- Financial charges +€7,711
up €7,711 (+85.5%), from €9,021 to €16,732
of which Financial charges: +€7,964
- Financial income +€2,654
up €2,654 (+482.3%), from €550 to €3,204
of which Financial income: +€2,654
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.
Result 2024
€8,188
Gross operating margin
-€9,274
Staff costs
-€19,702
Depreciation
-€469
Other operating charges
+€190
Financial income
+€2,654
Financial charges
-€7,711
Taxes
-€290
Result 2025
-€26,415
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.
From operations
+€2,428
Investment
-€1,705
Financing
+€11,799
Cash 2024
€94,667
From operations (derived)
+€2,428
Net result for the year
-€26,415
Depreciation
+€26,320
Stocks and contracts
-€4,990
Receivables within one year
+€152,713
Deferred charges and accrued income
+€1,540
Trade debts
-€172,533
Tax, wage and social debts
-€11,129
Other debts
+€24,921
Accrued charges and deferred income
+€12,000
Investment (derived)
-€1,705
Investment in fixed assets (net)
-€1,705
Financing
+€11,799
Current portion of long-term debt
+€11,799
Cash 2025
€107,189
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,618,998 | €3,457,642 | -€161,356 | -4.5% |
| Fixed assets | 21/28 | €2,345,716 | €2,321,101 | -€24,615 | -1.0% |
| Tangible fixed assets | 22/27 | €2,341,815 | €2,317,200 | -€24,615 | -1.1% |
| Land and buildings | 22 | €2,336,037 | €2,315,977 | -€20,061 | -0.9% |
| Furniture and vehicles | 24 | €5,778 | €1,223 | -€4,554 | -78.8% |
| Financial fixed assets | 28 | €3,901 | €3,901 | = | 0.0% |
| Current assets | 29/58 | €1,273,282 | €1,136,541 | -€136,741 | -10.7% |
| Stocks and contracts in progress | 3 | €561,784 | €566,774 | +€4,990 | +0.9% |
| Stocks | 30/36 | €561,784 | €566,774 | +€4,990 | +0.9% |
| Amounts receivable within one year | 40/41 | €615,292 | €462,578 | -€152,713 | -24.8% |
| Trade receivables | 40 | €605,242 | €452,528 | -€152,713 | -25.2% |
| Other amounts receivable | 41 | €10,050 | €10,050 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €94,667 | €107,189 | +€12,522 | +13.2% |
| Deferred charges and accrued income | 490/1 | €1,540 | - | -€1,540 | |
| Total equity and liabilities | 10/49 | €3,618,998 | €3,457,642 | -€161,356 | -4.5% |
| Equity | 10/15 | €2,153,081 | €2,126,666 | -€26,415 | -1.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €2,422,667 | €2,422,667 | = | 0.0% |
| Reserves | 13 | €1,890 | €1,890 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,890 | €1,890 | = | 0.0% |
| Legal reserve | 130 | €1,890 | €1,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€371,476 | -€397,891 | -€26,415 | -7.1% |
| Amounts payable | 17/49 | €1,465,917 | €1,330,976 | -€134,941 | -9.2% |
| Amounts payable after more than one year | 17 | €400,000 | €400,000 | = | 0.0% |
| Other amounts payable | 178/9 | €400,000 | €400,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,053,917 | €906,976 | -€146,941 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €65,738 | €77,537 | +€11,799 | +17.9% |
| Trade debts | 44 | €325,534 | €153,001 | -€172,533 | -53.0% |
| Suppliers | 440/4 | €325,534 | €153,001 | -€172,533 | -53.0% |
| Taxes, remuneration and social security | 45 | €43,181 | €32,052 | -€11,129 | -25.8% |
| Taxes | 450/3 | €20,509 | €11,406 | -€9,102 | -44.4% |
| Remuneration and social security | 454/9 | €22,672 | €20,646 | -€2,026 | -8.9% |
| Other amounts payable | 47/48 | €619,464 | €644,386 | +€24,921 | +4.0% |
| Accrued charges and deferred income | 492/3 | €12,000 | €24,000 | +€12,000 | +100.0% |
| Remuneration, social security and pensions | 62 | €136,429 | €156,131 | +€19,702 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,851 | €26,320 | +€469 | +1.8% |
| Other operating charges | 640/8 | €19,165 | €18,975 | -€190 | -1.0% |
| Gross operating margin | 9900 | €198,501 | €189,226 | -€9,274 | -4.7% |
| Operating profit (loss) | 9901 | €17,056 | -€12,200 | -€29,255 | |
| Financial income | 75/76B | €550 | €3,204 | +€2,654 | +482.3% |
| Recurring financial income | 75 | €550 | €3,204 | +€2,654 | +482.3% |
| Non-recurring financial income | 76B | €550 | €3,204 | +€2,654 | +482.3% |
| Financial charges | 65/66B | €9,021 | €16,732 | +€7,711 | +85.5% |
| Recurring financial charges | 65 | €8,768 | €16,732 | +€7,964 | +90.8% |
| Non-recurring financial charges | 66B | €253 | - | -€253 | |
| Profit (loss) for the period before taxes | 9903 | €8,585 | -€25,727 | -€34,313 | |
| Income taxes | 67/77 | €397 | €688 | +€290 | +73.1% |
| Profit (loss) for the period | 9904 | €8,188 | -€26,415 | -€34,603 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,188 | -€26,415 | -€34,603 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.