Poaterke: 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.
Poaterke
Largest movements
- Stocks and contracts -€10,600
down €10,600 (-75.2%), from €14,100 to €3,500
- Intangible fixed assets -€6,000
down €6,000 (-50.0%), from €12,000 to €6,000
- Receivables within one year +€5,171
up €5,171 (+190%), from €2,727 to €7,898
of which Other amounts receivable: +€6,449
- Tangible fixed assets -€4,612
down €4,612 (-34.0%), from €13,565 to €8,953
- Cash -€2,732
down €2,732 (-40.8%), from €6,691 to €3,959
mainly Net result for the year (-€31,418) and Current portion of long-term debt (-€7,655)
- Profit (loss) carried forward -€31,418
down €31,418 (-13.4%), from -€233,787 to -€265,205
- Other debts +€26,910
up €26,910 (+57.3%), from €46,998 to €73,908
- Current portion of long-term debt -€7,655
no longer reported in 2025 (was €7,655)
- Accrued charges and deferred income -€6,453
down €6,453 (-82.0%), from €7,865 to €1,412
- Debts after one year +€4,661
up €4,661 (+3.0%), from €155,088 to €159,749
- Staff costs -€5,264
down €5,264 (-28.5%), from €18,466 to €13,202
- Gross operating margin +€1,837
up €1,837 (+8.2%), from €22,394 to €24,231
- Financial charges +€1,761
up €1,761 (+275%), from €641 to €2,402
- Depreciation -€570
down €570 (-5.1%), from €11,182 to €10,612
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 | €58,309 | €39,273 | -€19,036 | -32.6% |
| Fixed assets | 21/28 | €34,791 | €23,916 | -€10,875 | -31.3% |
| Intangible fixed assets | 21 | €12,000 | €6,000 | -€6,000 | -50.0% |
| Tangible fixed assets | 22/27 | €13,565 | €8,953 | -€4,612 | -34.0% |
| Plant, machinery and equipment | 23 | €7,133 | €4,863 | -€2,270 | -31.8% |
| Furniture and vehicles | 24 | €1,082 | €717 | -€365 | -33.7% |
| Other tangible fixed assets | 26 | €5,350 | €3,373 | -€1,977 | -37.0% |
| Financial fixed assets | 28 | €9,226 | €8,963 | -€263 | -2.9% |
| Current assets | 29/58 | €23,518 | €15,357 | -€8,161 | -34.7% |
| Stocks and contracts in progress | 3 | €14,100 | €3,500 | -€10,600 | -75.2% |
| Stocks | 30/36 | €14,100 | €3,500 | -€10,600 | -75.2% |
| Amounts receivable within one year | 40/41 | €2,727 | €7,898 | +€5,171 | +190% |
| Trade receivables | 40 | €1,278 | - | -€1,278 | |
| Other amounts receivable | 41 | €1,449 | €7,898 | +€6,449 | +445% |
| Cash at bank and in hand | 54/58 | €6,691 | €3,959 | -€2,732 | -40.8% |
| Total equity and liabilities | 10/49 | €58,309 | €39,273 | -€19,036 | -32.6% |
| Equity | 10/15 | -€195,108 | -€226,526 | -€31,418 | -16.1% |
| Contributions | 10/11 | €38,679 | €38,679 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€233,787 | -€265,205 | -€31,418 | -13.4% |
| Amounts payable | 17/49 | €253,417 | €265,799 | +€12,382 | +4.9% |
| Amounts payable after more than one year | 17 | €155,088 | €159,749 | +€4,661 | +3.0% |
| Other amounts payable | 178/9 | €155,088 | €159,749 | +€4,661 | +3.0% |
| Amounts payable within one year | 42/48 | €90,464 | €104,638 | +€14,174 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €7,655 | - | -€7,655 | |
| Trade debts | 44 | €29,865 | €27,072 | -€2,793 | -9.4% |
| Suppliers | 440/4 | €29,865 | €27,072 | -€2,793 | -9.4% |
| Taxes, remuneration and social security | 45 | €5,946 | €3,658 | -€2,288 | -38.5% |
| Taxes | 450/3 | €3,725 | €1,930 | -€1,795 | -48.2% |
| Remuneration and social security | 454/9 | €2,221 | €1,728 | -€493 | -22.2% |
| Other amounts payable | 47/48 | €46,998 | €73,908 | +€26,910 | +57.3% |
| Accrued charges and deferred income | 492/3 | €7,865 | €1,412 | -€6,453 | -82.0% |
| Remuneration, social security and pensions | 62 | €18,466 | €13,202 | -€5,264 | -28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,182 | €10,612 | -€570 | -5.1% |
| Other operating charges | 640/8 | €29,396 | €29,433 | +€37 | +0.1% |
| Gross operating margin | 9900 | €22,394 | €24,231 | +€1,837 | +8.2% |
| Operating profit (loss) | 9901 | -€36,650 | -€29,016 | +€7,634 | +20.8% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €641 | €2,402 | +€1,761 | +275% |
| Recurring financial charges | 65 | €641 | €2,402 | +€1,761 | +275% |
| Profit (loss) for the period before taxes | 9903 | -€37,285 | -€31,418 | +€5,867 | +15.7% |
| Profit (loss) for the period | 9904 | -€37,285 | -€31,418 | +€5,867 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,285 | -€31,418 | +€5,867 | +15.7% |
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 25 October 2026 via checked.be.