POEKA: 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.
POEKA
Largest movements
- Financial fixed assets -€300,570
down €300,570 (-26.4%), from €1.1m to €840,070
- Receivables within one year +€82,189
up €82,189 (+52.0%), from €157,985 to €240,174
of which Trade receivables: +€74,545
- Tangible fixed assets -€60,199
down €60,199 (-3.9%), from €1.5m to €1.5m
of which Land and buildings: -€42,053
- Cash +€30,017
up €30,017 (+40.6%), from €73,982 to €104,000
mainly Investment in fixed assets (net) (+€299,394) and Net result for the year (+€290,395)
- Debts after one year -€482,690
down €482,690 (-58.8%), from €820,453 to €337,763
- Reserves +€290,395
up €290,395 (+50.4%), from €576,223 to €866,619
- Other debts -€70,000
down €70,000 (-100.0%), from €70,000 to €0
- Gross operating margin -€1.2m
down €1.2m (-87.8%), from €1.4m to €171,623
- Financial income +€378,196
up €378,196 (+4569.8%), from €8,276 to €386,472
- Taxes -€247,402
down €247,402 (-64.5%), from €383,678 to €136,275
- Financial charges -€37,825
down €37,825 (-48.2%), from €78,417 to €40,591
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 | €2,909,259 | €2,660,830 | -€248,429 | -8.5% |
| Fixed assets | 21/28 | €2,674,575 | €2,313,806 | -€360,769 | -13.5% |
| Tangible fixed assets | 22/27 | €1,533,935 | €1,473,736 | -€60,199 | -3.9% |
| Land and buildings | 22 | €1,505,208 | €1,463,155 | -€42,053 | -2.8% |
| Furniture and vehicles | 24 | €28,727 | €10,581 | -€18,146 | -63.2% |
| Financial fixed assets | 28 | €1,140,640 | €840,070 | -€300,570 | -26.4% |
| Current assets | 29/58 | €234,685 | €347,024 | +€112,340 | +47.9% |
| Amounts receivable within one year | 40/41 | €157,985 | €240,174 | +€82,189 | +52.0% |
| Trade receivables | 40 | €6,924 | €81,470 | +€74,545 | +1076.6% |
| Other amounts receivable | 41 | €151,060 | €158,704 | +€7,643 | +5.1% |
| Cash at bank and in hand | 54/58 | €73,982 | €104,000 | +€30,017 | +40.6% |
| Deferred charges and accrued income | 490/1 | €2,717 | €2,851 | +€134 | +4.9% |
| Total equity and liabilities | 10/49 | €2,909,259 | €2,660,830 | -€248,429 | -8.5% |
| Equity | 10/15 | €1,751,822 | €2,042,217 | +€290,395 | +16.6% |
| Contributions | 10/11 | €1,175,599 | €1,175,599 | = | 0.0% |
| Reserves | 13 | €576,223 | €866,619 | +€290,395 | +50.4% |
| Distributable reserves | 133 | €576,223 | €866,619 | +€290,395 | +50.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,157,437 | €618,613 | -€538,824 | -46.6% |
| Amounts payable after more than one year | 17 | €820,453 | €337,763 | -€482,690 | -58.8% |
| Financial debts | 170/4 | €820,453 | €337,763 | -€482,690 | -58.8% |
| Amounts payable within one year | 42/48 | €336,984 | €280,850 | -€56,134 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €78,985 | €82,690 | +€3,705 | +4.7% |
| Trade debts | 44 | €13,270 | €2,944 | -€10,326 | -77.8% |
| Suppliers | 440/4 | €13,270 | €2,944 | -€10,326 | -77.8% |
| Taxes, remuneration and social security | 45 | €174,729 | €195,216 | +€20,487 | +11.7% |
| Taxes | 450/3 | €167,628 | €189,972 | +€22,344 | +13.3% |
| Remuneration and social security | 454/9 | €7,101 | €5,244 | -€1,857 | -26.2% |
| Other amounts payable | 47/48 | €70,000 | €0 | -€70,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €25,910 | €28,360 | +€2,449 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,300 | €61,374 | +€1,074 | +1.8% |
| Other operating charges | 640/8 | €7,965 | €1,098 | -€6,866 | -86.2% |
| Gross operating margin | 9900 | €1,412,396 | €171,623 | -€1.2m | -87.8% |
| Operating profit (loss) | 9901 | €1,318,221 | €80,790 | -€1.2m | -93.9% |
| Financial income | 75/76B | €8,276 | €386,472 | +€378,196 | +4569.8% |
| Recurring financial income | 75 | €8,276 | €386,472 | +€378,196 | +4569.8% |
| Financial charges | 65/66B | €78,417 | €40,591 | -€37,825 | -48.2% |
| Recurring financial charges | 65 | €78,417 | €40,591 | -€37,825 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | €1,248,081 | €426,670 | -€821,410 | -65.8% |
| Income taxes | 67/77 | €383,678 | €136,275 | -€247,402 | -64.5% |
| Profit (loss) for the period | 9904 | €864,403 | €290,395 | -€574,008 | -66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €864,403 | €290,395 | -€574,008 | -66.4% |
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 3 October 2026 via checked.be.