POGASMAN: 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.
POGASMAN
Largest movements
- Cash +€20,713
up €20,713 (+498%), from €4,156 to €24,869
mainly Net result for the year (+€21,080) and Current investments (+€20,000)
- Current investments -€20,000
no longer reported in 2025 (was €20,000)
- Tangible fixed assets -€16,398
down €16,398 (-31.6%), from €51,861 to €35,463
of which Other tangible fixed assets: -€30,718
- Receivables within one year +€14,341
up €14,341 (+73.0%), from €19,639 to €33,980
of which Other amounts receivable: +€24,266
- Contributions +€39,870
new in 2025: €39,870
- Profit (loss) carried forward -€18,791
down €18,791 (-33.9%), from €55,457 to €36,666
- Debts after one year -€12,465
down €12,465 (-72.2%), from €17,264 to €4,799
- Tax, wage and social debts -€9,581
no longer reported in 2025 (was €9,581)
- Depreciation -€2,559
down €2,559 (-15.6%), from €16,397 to €13,838
- Turnover -€2,469
down €2,469 (-1.8%), from €137,066 to €134,597
- Taxes -€2,261
down €2,261 (-27.4%), from €8,265 to €6,004
- Purchases and services -€1,945
down €1,945 (-2.0%), from €95,981 to €94,036
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 | €95,656 | €94,312 | -€1,344 | -1.4% |
| Fixed assets | 21/28 | €51,861 | €35,463 | -€16,398 | -31.6% |
| Tangible fixed assets | 22/27 | €51,861 | €35,463 | -€16,398 | -31.6% |
| Plant, machinery and equipment | 23 | €8,777 | €3,992 | -€4,785 | -54.5% |
| Furniture and vehicles | 24 | €12,366 | €31,471 | +€19,105 | +154% |
| Other tangible fixed assets | 26 | €30,718 | - | -€30,718 | |
| Current assets | 29/58 | €43,795 | €58,849 | +€15,054 | +34.4% |
| Amounts receivable within one year | 40/41 | €19,639 | €33,980 | +€14,341 | +73.0% |
| Trade receivables | 40 | €11,045 | €1,120 | -€9,925 | -89.9% |
| Other amounts receivable | 41 | €8,594 | €32,860 | +€24,266 | +282% |
| Current investments | 50/53 | €20,000 | - | -€20,000 | |
| Cash at bank and in hand | 54/58 | €4,156 | €24,869 | +€20,713 | +498% |
| Total equity and liabilities | 10/49 | €95,656 | €94,312 | -€1,344 | -1.4% |
| Equity | 10/15 | €55,457 | €76,536 | +€21,079 | +38.0% |
| Contributions | 10/11 | - | €39,870 | +€39,870 | |
| Profit (loss) carried forward | 14 | €55,457 | €36,666 | -€18,791 | -33.9% |
| Amounts payable | 17/49 | €40,199 | €17,776 | -€22,423 | -55.8% |
| Amounts payable after more than one year | 17 | €17,264 | €4,799 | -€12,465 | -72.2% |
| Financial debts | 170/4 | €17,264 | €4,799 | -€12,465 | -72.2% |
| Amounts payable within one year | 42/48 | €22,935 | €12,977 | -€9,958 | -43.4% |
| Current portion of amounts payable after more than one year | 42 | €12,463 | €12,465 | +€2 | 0.0% |
| Trade debts | 44 | €891 | €512 | -€379 | -42.5% |
| Suppliers | 440/4 | €891 | €512 | -€379 | -42.5% |
| Taxes, remuneration and social security | 45 | €9,581 | - | -€9,581 | |
| Taxes | 450/3 | €9,581 | - | -€9,581 | |
| Turnover | 70 | €137,066 | €134,597 | -€2,469 | -1.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €95,981 | €94,036 | -€1,945 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,397 | €13,838 | -€2,559 | -15.6% |
| Other operating charges | 640/8 | €414 | €350 | -€64 | -15.5% |
| Gross operating margin | 9900 | €41,084 | €40,561 | -€523 | -1.3% |
| Operating profit (loss) | 9901 | €24,273 | €26,373 | +€2,100 | +8.7% |
| Financial income | 75/76B | €67 | €826 | +€759 | +1,133% |
| Recurring financial income | 75 | €67 | €826 | +€759 | +1,133% |
| Non-recurring financial income | 76B | - | €826 | +€826 | |
| Financial charges | 65/66B | €489 | €115 | -€374 | -76.5% |
| Recurring financial charges | 65 | €489 | €115 | -€374 | -76.5% |
| Profit (loss) for the period before taxes | 9903 | €23,851 | €27,084 | +€3,233 | +13.6% |
| Income taxes | 67/77 | €8,265 | €6,004 | -€2,261 | -27.4% |
| Profit (loss) for the period | 9904 | €15,586 | €21,080 | +€5,494 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,586 | €21,080 | +€5,494 | +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 16 October 2026 via checked.be.