P.O.M.: 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.
P.O.M.
Largest movements
- Tangible fixed assets +€71,869
up €71,869 (+6.8%), from €1.1m to €1.1m
of which Land and buildings: +€75,516
- Receivables within one year +€45,499
up €45,499 (+6.1%), from €744,473 to €789,972
of which Other amounts receivable: +€62,197
- Profit (loss) carried forward +€44,503
up €44,503 (+2.4%), from -€1.9m to -€1.8m
- Financial income +€42,908
up €42,908 (+227%), from €18,893 to €61,801
of which Financial income: +€48,008
- Gross operating margin -€34,452
down €34,452 (-30.9%), from €111,401 to €76,949
- Financial charges +€17,333
up €17,333 (+154%), from €11,272 to €28,605
of which Non-recurring financial charges: +€17,400
- Depreciation +€3,123
up €3,123 (+6.9%), from €45,355 to €48,478
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 | €2,915,793 | €2,983,389 | +€67,596 | +2.3% |
| Fixed assets | 21/28 | €2,090,444 | €2,144,914 | +€54,469 | +2.6% |
| Tangible fixed assets | 22/27 | €1,064,283 | €1,136,152 | +€71,869 | +6.8% |
| Land and buildings | 22 | €1,050,398 | €1,125,915 | +€75,516 | +7.2% |
| Plant, machinery and equipment | 23 | €11,407 | €8,607 | -€2,800 | -24.5% |
| Furniture and vehicles | 24 | €2,477 | €1,631 | -€847 | -34.2% |
| Financial fixed assets | 28 | €1,026,161 | €1,008,761 | -€17,400 | -1.7% |
| Current assets | 29/58 | €825,349 | €838,475 | +€13,126 | +1.6% |
| Amounts receivable within one year | 40/41 | €744,473 | €789,972 | +€45,499 | +6.1% |
| Trade receivables | 40 | €35,463 | €18,766 | -€16,698 | -47.1% |
| Other amounts receivable | 41 | €709,010 | €771,207 | +€62,197 | +8.8% |
| Cash at bank and in hand | 54/58 | €70,563 | €48,503 | -€22,060 | -31.3% |
| Deferred charges and accrued income | 490/1 | €10,313 | €0 | -€10,313 | -100% |
| Total equity and liabilities | 10/49 | €2,915,793 | €2,983,389 | +€67,596 | +2.3% |
| Equity | 10/15 | €333,663 | €378,166 | +€44,503 | +13.3% |
| Contributions | 10/11 | €2,026,429 | €2,026,429 | = | 0.0% |
| Capital | 10 | €2,026,429 | €2,026,429 | = | 0.0% |
| Issued capital | 100 | €2,026,429 | €2,026,429 | = | 0.0% |
| Reserves | 13 | €162,643 | €162,643 | = | 0.0% |
| Non-distributable reserves | 130/1 | €162,643 | €162,643 | = | 0.0% |
| Legal reserve | 130 | €162,643 | €162,643 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,855,409 | -€1,810,906 | +€44,503 | +2.4% |
| Amounts payable | 17/49 | €2,582,130 | €2,605,223 | +€23,092 | +0.9% |
| Amounts payable within one year | 42/48 | €2,573,734 | €2,596,831 | +€23,097 | +0.9% |
| Trade debts | 44 | €5,548 | €17,796 | +€12,248 | +221% |
| Suppliers | 440/4 | €5,548 | €17,796 | +€12,248 | +221% |
| Other amounts payable | 47/48 | €2,568,186 | €2,579,035 | +€10,849 | +0.4% |
| Accrued charges and deferred income | 492/3 | €8,396 | €8,392 | -€5 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,355 | €48,478 | +€3,123 | +6.9% |
| Other operating charges | 640/8 | €16,296 | €17,124 | +€829 | +5.1% |
| Gross operating margin | 9900 | €111,401 | €76,949 | -€34,452 | -30.9% |
| Operating profit (loss) | 9901 | €49,751 | €11,347 | -€38,404 | -77.2% |
| Financial income | 75/76B | €18,893 | €61,801 | +€42,908 | +227% |
| Recurring financial income | 75 | €13,793 | €61,801 | +€48,008 | +348% |
| Non-recurring financial income | 76B | €5,100 | €0 | -€5,100 | -100% |
| Financial charges | 65/66B | €11,272 | €28,605 | +€17,333 | +154% |
| Recurring financial charges | 65 | €11,272 | €11,205 | -€67 | -0.6% |
| Non-recurring financial charges | 66B | €0 | €17,400 | +€17,400 | |
| Profit (loss) for the period before taxes | 9903 | €57,372 | €44,543 | -€12,829 | -22.4% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €157 | €40 | -€117 | -74.4% |
| Profit (loss) for the period | 9904 | €57,215 | €44,503 | -€12,712 | -22.2% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €57,215 | €44,503 | -€12,712 | -22.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.