LA POSTA: 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.
LA POSTA
Largest movements
- Receivables within one year -€15,562
down €15,562 (-3.0%), from €525,392 to €509,830
of which Trade receivables: -€37,903
- Tangible fixed assets -€11,572
down €11,572 (-3.6%), from €323,792 to €312,221
of which Land and buildings: -€21,743
- Tax, wage and social debts -€53,918
down €53,918 (-41.3%), from €130,594 to €76,676
of which Taxes: -€51,977
- Debts after one year -€44,369
down €44,369 (-17.6%), from €252,093 to €207,724
- Reserves +€28,774
up €28,774 (+13.7%), from €210,151 to €238,925
of which Distributable reserves: +€28,774
- Trade debts +€24,092
up €24,092 (+11.9%), from €201,680 to €225,772
- Current portion of long-term debt +€20,610
up €20,610 (+27.0%), from €76,293 to €96,903
- Depreciation -€33,510
down €33,510 (-36.4%), from €92,121 to €58,610
- Gross operating margin -€22,242
down €22,242 (-4.9%), from €451,340 to €429,098
- Other operating charges -€6,641
down €6,641 (-11.5%), from €57,775 to €51,133
- Staff costs -€6,381
down €6,381 (-2.6%), from €247,601 to €241,220
- Financial charges -€5,596
down €5,596 (-21.8%), from €25,719 to €20,123
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 | €919,382 | €887,688 | -€31,694 | -3.4% |
| Fixed assets | 21/28 | €323,792 | €312,221 | -€11,572 | -3.6% |
| Tangible fixed assets | 22/27 | €323,792 | €312,221 | -€11,572 | -3.6% |
| Land and buildings | 22 | €265,282 | €243,539 | -€21,743 | -8.2% |
| Plant, machinery and equipment | 23 | €10,394 | €6,762 | -€3,631 | -34.9% |
| Furniture and vehicles | 24 | €44,897 | €61,145 | +€16,248 | +36.2% |
| Other tangible fixed assets | 26 | €3,220 | €775 | -€2,445 | -75.9% |
| Current assets | 29/58 | €595,590 | €575,467 | -€20,123 | -3.4% |
| Stocks and contracts in progress | 3 | €35,590 | €30,470 | -€5,120 | -14.4% |
| Stocks | 30/36 | €35,590 | €30,470 | -€5,120 | -14.4% |
| Amounts receivable within one year | 40/41 | €525,392 | €509,830 | -€15,562 | -3.0% |
| Trade receivables | 40 | €80,359 | €42,456 | -€37,903 | -47.2% |
| Other amounts receivable | 41 | €445,034 | €467,374 | +€22,340 | +5.0% |
| Cash at bank and in hand | 54/58 | €20,338 | €19,752 | -€586 | -2.9% |
| Deferred charges and accrued income | 490/1 | €14,269 | €15,414 | +€1,146 | +8.0% |
| Total equity and liabilities | 10/49 | €919,382 | €887,688 | -€31,694 | -3.4% |
| Equity | 10/15 | €246,657 | €275,488 | +€28,831 | +11.7% |
| Contributions | 10/11 | €31,250 | €31,250 | = | 0.0% |
| Reserves | 13 | €210,151 | €238,925 | +€28,774 | +13.7% |
| Non-distributable reserves | 130/1 | €3,125 | €3,125 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,125 | €3,125 | = | 0.0% |
| Distributable reserves | 133 | €207,026 | €235,800 | +€28,774 | +13.9% |
| Profit (loss) carried forward | 14 | -€57 | €0 | +€57 | |
| Investment grants | 15 | €5,313 | €5,313 | = | 0.0% |
| Amounts payable | 17/49 | €672,725 | €612,200 | -€60,525 | -9.0% |
| Amounts payable after more than one year | 17 | €252,093 | €207,724 | -€44,369 | -17.6% |
| Financial debts | 170/4 | €252,093 | €207,724 | -€44,369 | -17.6% |
| Amounts payable within one year | 42/48 | €420,632 | €404,157 | -€16,475 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €76,293 | €96,903 | +€20,610 | +27.0% |
| Financial debts | 43 | €7,419 | €9 | -€7,411 | -99.9% |
| Credit institutions | 430/8 | €7,419 | €9 | -€7,411 | -99.9% |
| Trade debts | 44 | €201,680 | €225,772 | +€24,092 | +11.9% |
| Suppliers | 440/4 | €201,680 | €225,772 | +€24,092 | +11.9% |
| Advances received on contracts in progress | 46 | - | €100 | +€100 | |
| Taxes, remuneration and social security | 45 | €130,594 | €76,676 | -€53,918 | -41.3% |
| Taxes | 450/3 | €100,405 | €48,429 | -€51,977 | -51.8% |
| Remuneration and social security | 454/9 | €30,189 | €28,247 | -€1,942 | -6.4% |
| Other amounts payable | 47/48 | €4,645 | €4,697 | +€52 | +1.1% |
| Accrued charges and deferred income | 492/3 | €0 | €319 | +€319 | |
| Non-recurring operating income | 76A | €0 | €10,851 | +€10,851 | |
| Remuneration, social security and pensions | 62 | €247,601 | €241,220 | -€6,381 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,121 | €58,610 | -€33,510 | -36.4% |
| Other operating charges | 640/8 | €57,775 | €51,133 | -€6,641 | -11.5% |
| Non-recurring operating charges | 66A | - | €23,300 | +€23,300 | |
| Gross operating margin | 9900 | €451,340 | €429,098 | -€22,242 | -4.9% |
| Operating profit (loss) | 9901 | €53,844 | €54,834 | +€991 | +1.8% |
| Financial income | 75/76B | €16,098 | €16,921 | +€823 | +5.1% |
| Recurring financial income | 75 | €16,098 | €16,921 | +€823 | +5.1% |
| Financial charges | 65/66B | €25,719 | €20,123 | -€5,596 | -21.8% |
| Recurring financial charges | 65 | €25,719 | €20,123 | -€5,596 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €44,223 | €51,632 | +€7,409 | +16.8% |
| Income taxes | 67/77 | €22,806 | €22,802 | -€4 | 0.0% |
| Profit (loss) for the period | 9904 | €21,417 | €28,831 | +€7,414 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,417 | €28,831 | +€7,414 | +34.6% |
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 6 October 2026 via checked.be.