IMMO POUILLE: what changed
IMMO POUILLE
Largest movements
- Tangible fixed assets +€59,275
up €59,275 (+61.6%), from €96,303 to €155,578
of which Furniture and vehicles: +€66,097
- Cash +€29,257
up €29,257 (+27.2%), from €107,704 to €136,961
mainly Net result for the year (+€124,950) and Debts after one year (+€51,124)
- Receivables within one year +€18,837
up €18,837 (+22.2%), from €84,876 to €103,713
of which Other amounts receivable: +€24,291
- Intangible fixed assets -€10,000
down €10,000 (-50.0%), from €20,000 to €10,000
- Debts after one year +€51,124
up €51,124 (+194%), from €26,301 to €77,425
- Other debts +€34,577
up €34,577 (+21.5%), from €160,957 to €195,534
- Accrued charges and deferred income +€31,219
new in 2025: €31,219
- Tax, wage and social debts -€10,783
down €10,783 (-20.4%), from €52,742 to €41,959
of which Taxes: -€8,468
- Current portion of long-term debt -€9,112
down €9,112 (-24.4%), from €37,368 to €28,256
- Gross operating margin +€79,529
up €79,529 (+32.9%), from €241,643 to €321,172
- Taxes +€18,451
up €18,451 (+80.8%), from €22,833 to €41,284
- Depreciation -€17,787
down €17,787 (-29.2%), from €61,014 to €43,227
- Other operating charges +€15,613
up €15,613 (+71.2%), from €21,940 to €37,553
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €315,312 | €413,131 | +€97,819 | +31.0% |
| Fixed assets | 21/28 | €116,303 | €165,578 | +€49,275 | +42.4% |
| Intangible fixed assets | 21 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Tangible fixed assets | 22/27 | €96,303 | €155,578 | +€59,275 | +61.6% |
| Plant, machinery and equipment | 23 | €36,450 | €29,628 | -€6,822 | -18.7% |
| Furniture and vehicles | 24 | €59,853 | €125,950 | +€66,097 | +110% |
| Current assets | 29/58 | €199,009 | €247,553 | +€48,544 | +24.4% |
| Amounts receivable within one year | 40/41 | €84,876 | €103,713 | +€18,837 | +22.2% |
| Trade receivables | 40 | €53,815 | €48,361 | -€5,454 | -10.1% |
| Other amounts receivable | 41 | €31,061 | €55,352 | +€24,291 | +78.2% |
| Cash at bank and in hand | 54/58 | €107,704 | €136,961 | +€29,257 | +27.2% |
| Deferred charges and accrued income | 490/1 | €6,429 | €6,879 | +€450 | +7.0% |
| Total equity and liabilities | 10/49 | €315,312 | €413,131 | +€97,819 | +31.0% |
| Equity | 10/15 | €29,528 | €34,478 | +€4,950 | +16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,928 | €15,878 | +€4,950 | +45.3% |
| Distributable reserves | 133 | €10,928 | €15,878 | +€4,950 | +45.3% |
| Amounts payable | 17/49 | €285,784 | €378,653 | +€92,869 | +32.5% |
| Amounts payable after more than one year | 17 | €26,301 | €77,425 | +€51,124 | +194% |
| Financial debts | 170/4 | €26,301 | €77,425 | +€51,124 | +194% |
| Amounts payable within one year | 42/48 | €259,483 | €270,009 | +€10,526 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €37,368 | €28,256 | -€9,112 | -24.4% |
| Trade debts | 44 | €8,416 | €4,260 | -€4,156 | -49.4% |
| Suppliers | 440/4 | €8,416 | €4,260 | -€4,156 | -49.4% |
| Taxes, remuneration and social security | 45 | €52,742 | €41,959 | -€10,783 | -20.4% |
| Taxes | 450/3 | €41,252 | €32,784 | -€8,468 | -20.5% |
| Remuneration and social security | 454/9 | €11,490 | €9,175 | -€2,315 | -20.1% |
| Other amounts payable | 47/48 | €160,957 | €195,534 | +€34,577 | +21.5% |
| Accrued charges and deferred income | 492/3 | - | €31,219 | +€31,219 | |
| Remuneration, social security and pensions | 62 | €70,063 | €72,144 | +€2,081 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,014 | €43,227 | -€17,787 | -29.2% |
| Other operating charges | 640/8 | €21,940 | €37,553 | +€15,613 | +71.2% |
| Gross operating margin | 9900 | €241,643 | €321,172 | +€79,529 | +32.9% |
| Operating profit (loss) | 9901 | €88,626 | €168,248 | +€79,622 | +89.8% |
| Financial income | 75/76B | €64 | €71 | +€7 | +10.9% |
| Recurring financial income | 75 | €64 | €71 | +€7 | +10.9% |
| Financial charges | 65/66B | €2,656 | €2,085 | -€571 | -21.5% |
| Recurring financial charges | 65 | €2,656 | €2,085 | -€571 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €86,034 | €166,234 | +€80,200 | +93.2% |
| Income taxes | 67/77 | €22,833 | €41,284 | +€18,451 | +80.8% |
| Profit (loss) for the period | 9904 | €63,201 | €124,950 | +€61,749 | +97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,201 | €124,950 | +€61,749 | +97.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.