Pôfin: 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.
Pôfin
Largest movements
- Cash +€76,414
up €76,414 (+149.1%), from €51,259 to €127,673
mainly Net result for the year (+€60,683) and Other debts (+€12,264)
- Receivables within one year -€3,380
down €3,380 (-100.0%), from €3,380 to €0
- Profit (loss) carried forward +€59,824
up €59,824 (+136.9%), from €43,697 to €103,520
- Other debts +€12,264
up €12,264 (+1427.7%), from €859 to €13,123
- Gross operating margin +€74,273
up €74,273 (+181.3%), from €40,966 to €115,238
- Financial charges +€36,923
up €36,923 (+1925.2%), from €1,918 to €38,840
- Taxes +€7,765
up €7,765 (+89.7%), from €8,661 to €16,426
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 | €58,835 | €131,888 | +€73,053 | +124.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,500 | €1,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €57,335 | €130,388 | +€73,053 | +127.4% |
| Amounts receivable within one year | 40/41 | €3,380 | €0 | -€3,380 | -100.0% |
| Other amounts receivable | 41 | €3,380 | €0 | -€3,380 | -100.0% |
| Cash at bank and in hand | 54/58 | €51,259 | €127,673 | +€76,414 | +149.1% |
| Deferred charges and accrued income | 490/1 | €2,696 | €2,715 | +€19 | +0.7% |
| Total equity and liabilities | 10/49 | €58,835 | €131,888 | +€73,053 | +124.2% |
| Equity | 10/15 | €46,697 | €106,520 | +€59,824 | +128.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,697 | €103,520 | +€59,824 | +136.9% |
| Amounts payable | 17/49 | €12,139 | €25,367 | +€13,229 | +109.0% |
| Amounts payable within one year | 42/48 | €12,139 | €24,460 | +€12,321 | +101.5% |
| Current portion of amounts payable after more than one year | 42 | €5,295 | €4,041 | -€1,254 | -23.7% |
| Trade debts | 44 | €1,425 | €2,164 | +€739 | +51.9% |
| Suppliers | 440/4 | €1,425 | €2,164 | +€739 | +51.9% |
| Taxes, remuneration and social security | 45 | €4,560 | €5,131 | +€572 | +12.5% |
| Taxes | 450/3 | €4,560 | €2,231 | -€2,328 | -51.1% |
| Remuneration and social security | 454/9 | €0 | €2,900 | +€2,900 | |
| Other amounts payable | 47/48 | €859 | €13,123 | +€12,264 | +1427.7% |
| Accrued charges and deferred income | 492/3 | €0 | €908 | +€908 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €533 | €0 | -€533 | -100.0% |
| Gross operating margin | 9900 | €40,966 | €115,238 | +€74,273 | +181.3% |
| Operating profit (loss) | 9901 | €40,433 | €115,238 | +€74,806 | +185.0% |
| Financial income | 75/76B | €337 | €711 | +€374 | +110.8% |
| Recurring financial income | 75 | €337 | €711 | +€374 | +110.8% |
| Financial charges | 65/66B | €1,918 | €38,840 | +€36,923 | +1925.2% |
| Recurring financial charges | 65 | €1,918 | €38,840 | +€36,923 | +1925.2% |
| Profit (loss) for the period before taxes | 9903 | €38,852 | €77,109 | +€38,257 | +98.5% |
| Income taxes | 67/77 | €8,661 | €16,426 | +€7,765 | +89.7% |
| Profit (loss) for the period | 9904 | €30,191 | €60,683 | +€30,492 | +101.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,191 | €60,683 | +€30,492 | +101.0% |
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 2 October 2026 via checked.be.