LA POULE: 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.
LA POULE
Largest movements
- Tangible fixed assets -€17,455
down €17,455 (-31.8%), from €54,868 to €37,412
of which Furniture and vehicles: -€20,582
- Cash +€8,393
up €8,393 (+125%), from €6,704 to €15,096
mainly Net result for the year (+€33,268) and Depreciation (+€15,896)
- Deferred charges and accrued income +€1,683
up €1,683 (+295%), from €571 to €2,253
- Stocks and contracts -€1,597
down €1,597 (-18.9%), from €8,429 to €6,832
- Receivables within one year +€1,026
up €1,026 (+8.9%), from €11,494 to €12,520
of which Trade receivables: +€8,041
- Other debts -€19,400
down €19,400 (-28.8%), from €67,466 to €48,067
- Trade debts -€16,437
down €16,437 (-88.4%), from €18,592 to €2,154
- Profit (loss) carried forward +€13,268
up €13,268 (+36.3%), from -€36,560 to -€23,293
- Debts after one year +€7,515
new in 2025: €7,515
- Current portion of long-term debt +€6,639
new in 2025: €6,639
- Gross operating margin +€55,418
up €55,418 (+133%), from €41,800 to €97,218
- Staff costs +€23,423
up €23,423 (+119%), from €19,656 to €43,078
- Depreciation +€4,379
up €4,379 (+38.0%), from €11,518 to €15,896
- Financial charges +€2,010
up €2,010 (+342%), from €587 to €2,597
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 | €88,200 | €80,250 | -€7,950 | -9.0% |
| Fixed assets | 21/28 | €61,003 | €43,547 | -€17,455 | -28.6% |
| Tangible fixed assets | 22/27 | €54,868 | €37,412 | -€17,455 | -31.8% |
| Plant, machinery and equipment | 23 | €11,976 | €15,103 | +€3,127 | +26.1% |
| Furniture and vehicles | 24 | €42,891 | €22,309 | -€20,582 | -48.0% |
| Financial fixed assets | 28 | €6,135 | €6,135 | = | 0.0% |
| Current assets | 29/58 | €27,197 | €36,702 | +€9,505 | +34.9% |
| Stocks and contracts in progress | 3 | €8,429 | €6,832 | -€1,597 | -18.9% |
| Stocks | 30/36 | €8,429 | €6,832 | -€1,597 | -18.9% |
| Amounts receivable within one year | 40/41 | €11,494 | €12,520 | +€1,026 | +8.9% |
| Trade receivables | 40 | €1,959 | €10,000 | +€8,041 | +410% |
| Other amounts receivable | 41 | €9,535 | €2,520 | -€7,015 | -73.6% |
| Cash at bank and in hand | 54/58 | €6,704 | €15,096 | +€8,393 | +125% |
| Deferred charges and accrued income | 490/1 | €571 | €2,253 | +€1,683 | +295% |
| Total equity and liabilities | 10/49 | €88,200 | €80,250 | -€7,950 | -9.0% |
| Equity | 10/15 | -€3,560 | €9,707 | +€13,268 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,560 | -€23,293 | +€13,268 | +36.3% |
| Amounts payable | 17/49 | €91,761 | €70,542 | -€21,218 | -23.1% |
| Amounts payable after more than one year | 17 | - | €7,515 | +€7,515 | |
| Financial debts | 170/4 | - | €7,515 | +€7,515 | |
| Amounts payable within one year | 42/48 | €91,232 | €63,027 | -€28,205 | -30.9% |
| Current portion of amounts payable after more than one year | 42 | - | €6,639 | +€6,639 | |
| Trade debts | 44 | €18,592 | €2,154 | -€16,437 | -88.4% |
| Suppliers | 440/4 | €18,592 | €2,154 | -€16,437 | -88.4% |
| Advances received on contracts in progress | 46 | - | €50 | +€50 | |
| Taxes, remuneration and social security | 45 | €5,174 | €6,117 | +€943 | +18.2% |
| Taxes | 450/3 | €3,530 | €3,509 | -€21 | -0.6% |
| Remuneration and social security | 454/9 | €1,644 | €2,608 | +€964 | +58.6% |
| Other amounts payable | 47/48 | €67,466 | €48,067 | -€19,400 | -28.8% |
| Accrued charges and deferred income | 492/3 | €528 | - | -€528 | |
| Non-recurring operating income | 76A | €4,761 | €42,487 | +€37,726 | +792% |
| Remuneration, social security and pensions | 62 | €19,656 | €43,078 | +€23,423 | +119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,518 | €15,896 | +€4,379 | +38.0% |
| Other operating charges | 640/8 | €2,750 | €2,005 | -€745 | -27.1% |
| Gross operating margin | 9900 | €41,800 | €97,218 | +€55,418 | +133% |
| Operating profit (loss) | 9901 | €7,876 | €36,238 | +€28,362 | +360% |
| Financial income | 75/76B | €134 | €18 | -€116 | -86.6% |
| Recurring financial income | 75 | €134 | €18 | -€116 | -86.6% |
| Financial charges | 65/66B | €587 | €2,597 | +€2,010 | +342% |
| Recurring financial charges | 65 | €587 | €2,597 | +€2,010 | +342% |
| Profit (loss) for the period before taxes | 9903 | €7,423 | €33,658 | +€26,236 | +353% |
| Income taxes | 67/77 | - | €391 | +€391 | |
| Profit (loss) for the period | 9904 | €7,423 | €33,268 | +€25,845 | +348% |
| Profit (loss) for the period to be appropriated | 9905 | €7,423 | €33,268 | +€25,845 | +348% |
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 17 October 2026 via checked.be.