POELIE'S: 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.
POELIE'S
Largest movements
- Cash +€21,347
up €21,347 (+68.7%), from €31,075 to €52,423
mainly Net result for the year (+€27,188) and Trade debts (+€1,739)
- Receivables within one year +€2,849
up €2,849 (+47.3%), from €6,017 to €8,865
of which Trade receivables: +€1,698
- Reserves +€27,188
up €27,188 (+110%), from €24,727 to €51,915
- Tax, wage and social debts -€5,106
down €5,106 (-44.4%), from €11,500 to €6,394
of which Taxes: -€6,806
- Trade debts +€1,739
up €1,739 (+236%), from €737 to €2,476
- Gross operating margin +€11,363
up €11,363 (+41.7%), from €27,274 to €38,637
- Taxes +€2,540
up €2,540 (+45.2%), from €5,617 to €8,157
- Financial charges +€1,008
up €1,008 (+104%), from €972 to €1,980
- Other operating charges +€490
up €490 (+111%), from €442 to €932
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 | €38,964 | €62,785 | +€23,821 | +61.1% |
| Fixed assets | 21/28 | €1,749 | €1,369 | -€380 | -21.7% |
| Tangible fixed assets | 22/27 | €1,749 | €1,369 | -€380 | -21.7% |
| Land and buildings | 22 | €1,749 | €1,369 | -€380 | -21.7% |
| Current assets | 29/58 | €37,215 | €61,415 | +€24,201 | +65.0% |
| Amounts receivable within one year | 40/41 | €6,017 | €8,865 | +€2,849 | +47.3% |
| Trade receivables | 40 | €5,663 | €7,361 | +€1,698 | +30.0% |
| Other amounts receivable | 41 | €354 | €1,504 | +€1,150 | +325% |
| Cash at bank and in hand | 54/58 | €31,075 | €52,423 | +€21,347 | +68.7% |
| Deferred charges and accrued income | 490/1 | €123 | €128 | +€5 | +4.0% |
| Total equity and liabilities | 10/49 | €38,964 | €62,785 | +€23,821 | +61.1% |
| Equity | 10/15 | €26,727 | €53,915 | +€27,188 | +102% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €24,727 | €51,915 | +€27,188 | +110% |
| Distributable reserves | 133 | €24,727 | €51,915 | +€27,188 | +110% |
| Amounts payable | 17/49 | €12,237 | €8,870 | -€3,367 | -27.5% |
| Amounts payable within one year | 42/48 | €12,237 | €8,870 | -€3,367 | -27.5% |
| Trade debts | 44 | €737 | €2,476 | +€1,739 | +236% |
| Suppliers | 440/4 | €737 | €2,476 | +€1,739 | +236% |
| Taxes, remuneration and social security | 45 | €11,500 | €6,394 | -€5,106 | -44.4% |
| Taxes | 450/3 | €11,500 | €4,694 | -€6,806 | -59.2% |
| Remuneration and social security | 454/9 | €0 | €1,700 | +€1,700 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150 | €380 | +€230 | +153% |
| Other operating charges | 640/8 | €442 | €932 | +€490 | +111% |
| Gross operating margin | 9900 | €27,274 | €38,637 | +€11,363 | +41.7% |
| Operating profit (loss) | 9901 | €26,682 | €37,325 | +€10,643 | +39.9% |
| Financial income | 75/76B | €21 | €0 | -€21 | -100% |
| Recurring financial income | 75 | €21 | €0 | -€21 | -100% |
| Financial charges | 65/66B | €972 | €1,980 | +€1,008 | +104% |
| Recurring financial charges | 65 | €972 | €1,980 | +€1,008 | +104% |
| Profit (loss) for the period before taxes | 9903 | €25,731 | €35,345 | +€9,614 | +37.4% |
| Income taxes | 67/77 | €5,617 | €8,157 | +€2,540 | +45.2% |
| Profit (loss) for the period | 9904 | €20,114 | €27,188 | +€7,074 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,114 | €27,188 | +€7,074 | +35.2% |
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.