POFLOR: 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.
What changed
POFLOR
NACE 46.220, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€2,076
2024 · -€32,992+€30,917
Equity
€73,091
2024 · €75,167-€2,076
Cash
€5,661
2024 · €557+€5,103
Balance sheet total
€536,481
2024 · €472,173+€64,308
Largest movements
Assets
- Receivables within one year +€38,180
up €38,180 (+17.2%), from €221,692 to €259,873
of which Other amounts receivable: +€39,774
- Stocks and contracts +€18,416
up €18,416 (+23.1%), from €79,566 to €97,982
Equity and liabilities
- Other debts +€78,821
up €78,821 (+22.6%), from €349,102 to €427,923
- Trade debts -€13,049
down €13,049 (-34.2%), from €38,115 to €25,066
Income statement
- Gross operating margin +€42,219
up €42,219 (+484%), from €8,726 to €50,945
- Staff costs +€9,865
up €9,865 (+30.2%), from €32,630 to €42,494
- Other operating charges +€762
up €762 (+14.6%), from €5,228 to €5,990
- Financial income -€735
down €735 (-46.7%), from €1,574 to €839
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.
Result 2024
-€32,992
Gross operating margin
+€42,219
Staff costs
-€9,865
Depreciation
-€9
Other operating charges
-€762
Financial income
-€735
Financial charges
+€70
Taxes
-€1
Result 2025
-€2,076
raises the resultlowers the result
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.
From operations
+€11,654
Investment
-€4,814
Financing
-€1,737
Cash 2024
€557
From operations (derived)
+€11,654
Net result for the year
-€2,076
Depreciation
+€2,459
Stocks and contracts
-€18,416
Receivables within one year
-€38,180
Deferred charges and accrued income
-€253
Trade debts
-€13,049
Tax, wage and social debts
+€2,364
Other debts
+€78,821
Accrued charges and deferred income
-€16
Investment (derived)
-€4,814
Investment in fixed assets (net)
-€4,814
Financing
-€1,737
Debts after one year
-€1,624
Current portion of long-term debt
-€113
Cash 2025
€5,661
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €472,173 | €536,481 | +€64,308 | +13.6% |
| Fixed assets | 21/28 | €168,575 | €170,930 | +€2,355 | +1.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €168,575 | €170,930 | +€2,355 | +1.4% |
| Land and buildings | 22 | €155,451 | €155,451 | = | 0.0% |
| Plant, machinery and equipment | 23 | €13,124 | €15,479 | +€2,355 | +17.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €303,599 | €365,551 | +€61,952 | +20.4% |
| Stocks and contracts in progress | 3 | €79,566 | €97,982 | +€18,416 | +23.1% |
| Stocks | 30/36 | €79,566 | €97,982 | +€18,416 | +23.1% |
| Amounts receivable within one year | 40/41 | €221,692 | €259,873 | +€38,180 | +17.2% |
| Trade receivables | 40 | €6,689 | €5,095 | -€1,594 | -23.8% |
| Other amounts receivable | 41 | €215,003 | €254,777 | +€39,774 | +18.5% |
| Cash at bank and in hand | 54/58 | €557 | €5,661 | +€5,103 | +916% |
| Deferred charges and accrued income | 490/1 | €1,783 | €2,036 | +€253 | +14.2% |
| Total equity and liabilities | 10/49 | €472,173 | €536,481 | +€64,308 | +13.6% |
| Equity | 10/15 | €75,167 | €73,091 | -€2,076 | -2.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €38,761 | €38,761 | = | 0.0% |
| Distributable reserves | 133 | €38,761 | €38,761 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,568 | -€27,643 | -€2,076 | -8.1% |
| Amounts payable | 17/49 | €397,007 | €463,390 | +€66,383 | +16.7% |
| Amounts payable after more than one year | 17 | €1,624 | €0 | -€1,624 | -100% |
| Financial debts | 170/4 | €1,624 | €0 | -€1,624 | -100% |
| Amounts payable within one year | 42/48 | €395,267 | €463,290 | +€68,023 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €1,737 | €1,624 | -€113 | -6.5% |
| Trade debts | 44 | €38,115 | €25,066 | -€13,049 | -34.2% |
| Suppliers | 440/4 | €38,115 | €25,066 | -€13,049 | -34.2% |
| Taxes, remuneration and social security | 45 | €6,313 | €8,676 | +€2,364 | +37.4% |
| Taxes | 450/3 | €144 | €146 | +€1 | +1.0% |
| Remuneration and social security | 454/9 | €6,169 | €8,531 | +€2,362 | +38.3% |
| Other amounts payable | 47/48 | €349,102 | €427,923 | +€78,821 | +22.6% |
| Accrued charges and deferred income | 492/3 | €115 | €99 | -€16 | -13.7% |
| Remuneration, social security and pensions | 62 | €32,630 | €42,494 | +€9,865 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,450 | €2,459 | +€9 | +0.4% |
| Other operating charges | 640/8 | €5,228 | €5,990 | +€762 | +14.6% |
| Gross operating margin | 9900 | €8,726 | €50,945 | +€42,219 | +484% |
| Operating profit (loss) | 9901 | -€31,582 | €2 | +€31,583 | |
| Financial income | 75/76B | €1,574 | €839 | -€735 | -46.7% |
| Recurring financial income | 75 | €1,574 | €839 | -€735 | -46.7% |
| Financial charges | 65/66B | €2,841 | €2,770 | -€70 | -2.5% |
| Recurring financial charges | 65 | €2,841 | €2,770 | -€70 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€32,848 | -€1,930 | +€30,918 | +94.1% |
| Income taxes | 67/77 | €144 | €146 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€32,992 | -€2,076 | +€30,917 | +93.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,992 | -€2,076 | +€30,917 | +93.7% |
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 17 October 2026 via checked.be.