Herstellingen Pouillon: 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.
Herstellingen Pouillon
Largest movements
- Tangible fixed assets +€435,611
up €435,611 (+1,993%), from €21,853 to €457,464
of which Land and buildings: +€427,722
- Receivables within one year -€6,780
down €6,780 (-3.9%), from €172,163 to €165,383
of which Trade receivables: -€24,152
- Debts after one year +€256,152
up €256,152 (+7,674%), from €3,338 to €259,490
- Short-term financial debts +€159,720
up €159,720 (+325%), from €49,142 to €208,862
- Trade debts +€38,427
up €38,427 (+45.5%), from €84,411 to €122,838
- Reserves -€36,775
down €36,775 (-47.0%), from €78,276 to €41,501
- Staff costs +€75,590
up €75,590 (+25.1%), from €301,177 to €376,766
- Gross operating margin +€44,568
up €44,568 (+13.8%), from €323,260 to €367,828
- Depreciation +€6,626
up €6,626 (+90.6%), from €7,311 to €13,936
- Financial charges +€5,860
up €5,860 (+83.2%), from €7,044 to €12,904
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 | €235,925 | €660,706 | +€424,781 | +180% |
| Fixed assets | 21/28 | €26,603 | €462,214 | +€435,611 | +1,637% |
| Tangible fixed assets | 22/27 | €21,853 | €457,464 | +€435,611 | +1,993% |
| Land and buildings | 22 | €12,158 | €439,880 | +€427,722 | +3,518% |
| Plant, machinery and equipment | 23 | €3,640 | €17,584 | +€13,943 | +383% |
| Furniture and vehicles | 24 | €1,661 | - | -€1,661 | |
| Leasing and similar rights | 25 | €4,393 | €0 | -€4,393 | -100.0% |
| Financial fixed assets | 28 | €4,750 | €4,750 | = | 0.0% |
| Current assets | 29/58 | €209,323 | €198,492 | -€10,830 | -5.2% |
| Stocks and contracts in progress | 3 | €14,360 | €15,000 | +€640 | +4.5% |
| Stocks | 30/36 | €14,360 | €15,000 | +€640 | +4.5% |
| Amounts receivable within one year | 40/41 | €172,163 | €165,383 | -€6,780 | -3.9% |
| Trade receivables | 40 | €128,752 | €104,600 | -€24,152 | -18.8% |
| Other amounts receivable | 41 | €43,412 | €60,783 | +€17,372 | +40.0% |
| Cash at bank and in hand | 54/58 | €17,420 | €16,411 | -€1,009 | -5.8% |
| Deferred charges and accrued income | 490/1 | €5,379 | €1,698 | -€3,681 | -68.4% |
| Total equity and liabilities | 10/49 | €235,925 | €660,706 | +€424,781 | +180% |
| Equity | 10/15 | €83,276 | €46,501 | -€36,775 | -44.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €78,276 | €41,501 | -€36,775 | -47.0% |
| Distributable reserves | 133 | €78,276 | €41,501 | -€36,775 | -47.0% |
| Amounts payable | 17/49 | €152,649 | €614,205 | +€461,555 | +302% |
| Amounts payable after more than one year | 17 | €3,338 | €259,490 | +€256,152 | +7,674% |
| Financial debts | 170/4 | €3,338 | €259,490 | +€256,152 | +7,674% |
| Amounts payable within one year | 42/48 | €149,311 | €354,715 | +€205,403 | +138% |
| Current portion of amounts payable after more than one year | 42 | €4,202 | €9,716 | +€5,515 | +131% |
| Financial debts | 43 | €49,142 | €208,862 | +€159,720 | +325% |
| Credit institutions | 430/8 | €49,142 | €208,862 | +€159,720 | +325% |
| Trade debts | 44 | €84,411 | €122,838 | +€38,427 | +45.5% |
| Suppliers | 440/4 | €84,411 | €122,838 | +€38,427 | +45.5% |
| Taxes, remuneration and social security | 45 | €11,557 | €13,299 | +€1,742 | +15.1% |
| Taxes | 450/3 | €4,337 | €4,017 | -€320 | -7.4% |
| Remuneration and social security | 454/9 | €7,219 | €9,281 | +€2,062 | +28.6% |
| Remuneration, social security and pensions | 62 | €301,177 | €376,766 | +€75,590 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,311 | €13,936 | +€6,626 | +90.6% |
| Other operating charges | 640/8 | €2,502 | €4,318 | +€1,816 | +72.6% |
| Non-recurring operating charges | 66A | €2,587 | €835 | -€1,752 | -67.7% |
| Gross operating margin | 9900 | €323,260 | €367,828 | +€44,568 | +13.8% |
| Operating profit (loss) | 9901 | €9,683 | -€28,027 | -€37,711 | |
| Financial income | 75/76B | €2,256 | €4,488 | +€2,232 | +98.9% |
| Recurring financial income | 75 | €2,256 | €4,488 | +€2,232 | +98.9% |
| Financial charges | 65/66B | €7,044 | €12,904 | +€5,860 | +83.2% |
| Recurring financial charges | 65 | €7,044 | €12,904 | +€5,860 | +83.2% |
| Profit (loss) for the period before taxes | 9903 | €4,896 | -€36,443 | -€41,339 | |
| Income taxes | 67/77 | €3,685 | €332 | -€3,354 | -91.0% |
| Profit (loss) for the period | 9904 | €1,210 | -€36,775 | -€37,985 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,210 | -€36,775 | -€37,985 |
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 28 October 2026 via checked.be.