PODO-POST: 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.
PODO-POST
Largest movements
- Cash +€35,930
up €35,930 (+13.2%), from €271,684 to €307,614
mainly Net result for the year (+€81,643) and Depreciation (+€26,266)
- Tangible fixed assets +€14,065
up €14,065 (+4.9%), from €287,128 to €301,193
of which Plant, machinery and equipment: +€10,144
- Reserves +€66,600
up €66,600 (+20.7%), from €322,417 to €389,017
of which Distributable reserves: +€66,600
- Debts after one year -€25,705
down €25,705 (-13.9%), from €185,412 to €159,707
- Gross operating margin +€27,103
up €27,103 (+23.2%), from €116,977 to €144,081
- Depreciation +€4,656
up €4,656 (+21.5%), from €21,610 to €26,266
- Taxes +€4,215
up €4,215 (+16.9%), from €24,888 to €29,103
- Other operating charges -€1,762
down €1,762 (-35.2%), from €5,003 to €3,241
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 | €565,386 | €616,495 | +€51,109 | +9.0% |
| Fixed assets | 21/28 | €287,128 | €301,193 | +€14,065 | +4.9% |
| Tangible fixed assets | 22/27 | €287,128 | €301,193 | +€14,065 | +4.9% |
| Land and buildings | 22 | €266,405 | €264,010 | -€2,395 | -0.9% |
| Plant, machinery and equipment | 23 | €1,426 | €11,570 | +€10,144 | +711% |
| Furniture and vehicles | 24 | €19,297 | €25,613 | +€6,316 | +32.7% |
| Current assets | 29/58 | €278,258 | €315,302 | +€37,044 | +13.3% |
| Stocks and contracts in progress | 3 | €1,085 | €2,508 | +€1,423 | +131% |
| Stocks | 30/36 | €1,085 | €2,508 | +€1,423 | +131% |
| Amounts receivable within one year | 40/41 | €1,160 | €669 | -€491 | -42.3% |
| Trade receivables | 40 | €178 | €669 | +€490 | +275% |
| Other amounts receivable | 41 | €981 | - | -€981 | |
| Cash at bank and in hand | 54/58 | €271,684 | €307,614 | +€35,930 | +13.2% |
| Deferred charges and accrued income | 490/1 | €4,330 | €4,511 | +€182 | +4.2% |
| Total equity and liabilities | 10/49 | €565,386 | €616,495 | +€51,109 | +9.0% |
| Equity | 10/15 | €328,690 | €395,333 | +€66,643 | +20.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €322,417 | €389,017 | +€66,600 | +20.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €320,557 | €387,157 | +€66,600 | +20.8% |
| Profit (loss) carried forward | 14 | €74 | €116 | +€43 | +58.0% |
| Amounts payable | 17/49 | €236,696 | €221,162 | -€15,534 | -6.6% |
| Amounts payable after more than one year | 17 | €185,412 | €159,707 | -€25,705 | -13.9% |
| Financial debts | 170/4 | €185,412 | €159,707 | -€25,705 | -13.9% |
| Amounts payable within one year | 42/48 | €51,284 | €61,455 | +€10,171 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €25,320 | €25,705 | +€385 | +1.5% |
| Trade debts | 44 | €510 | €1,969 | +€1,459 | +286% |
| Suppliers | 440/4 | €510 | €1,969 | +€1,459 | +286% |
| Taxes, remuneration and social security | 45 | €7,300 | €10,632 | +€3,332 | +45.6% |
| Taxes | 450/3 | €7,300 | €10,632 | +€3,332 | +45.6% |
| Other amounts payable | 47/48 | €18,154 | €23,148 | +€4,994 | +27.5% |
| Non-recurring operating income | 76A | - | €20,091 | +€20,091 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,610 | €26,266 | +€4,656 | +21.5% |
| Other operating charges | 640/8 | €5,003 | €3,241 | -€1,762 | -35.2% |
| Gross operating margin | 9900 | €116,977 | €144,081 | +€27,103 | +23.2% |
| Operating profit (loss) | 9901 | €90,364 | €114,574 | +€24,209 | +26.8% |
| Financial income | 75/76B | €1,793 | €1,751 | -€42 | -2.3% |
| Recurring financial income | 75 | €1,793 | €1,751 | -€42 | -2.3% |
| Financial charges | 65/66B | €4,214 | €5,579 | +€1,365 | +32.4% |
| Recurring financial charges | 65 | €4,214 | €5,579 | +€1,365 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €87,943 | €110,746 | +€22,803 | +25.9% |
| Income taxes | 67/77 | €24,888 | €29,103 | +€4,215 | +16.9% |
| Profit (loss) for the period | 9904 | €63,055 | €81,643 | +€18,587 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €63,055 | €81,643 | +€18,587 | +29.5% |
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 19 October 2026 via checked.be.