Poha: 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.
Poha
Largest movements
- Tangible fixed assets -€5,260
down €5,260 (-20.6%), from €25,549 to €20,289
of which Plant, machinery and equipment: -€3,670
- Cash -€3,728
down €3,728 (-24.9%), from €14,998 to €11,270
mainly Net result for the year (-€10,106) and Receivables within one year (-€1,798)
- Deferred charges and accrued income -€1,824
down €1,824 (-84.9%), from €2,148 to €325
- Receivables within one year +€1,798
up €1,798 (+59.3%), from €3,032 to €4,830
of which Trade receivables: +€1,623
- Profit (loss) carried forward -€10,106
down €10,106, from €15 to -€10,092
- Other debts +€867
up €867 (+51.7%), from €1,677 to €2,544
- Gross operating margin -€12,298
down €12,298, from €9,710 to -€2,588
- Taxes -€963
down €963 (-72.1%), from €1,335 to €373
- Financial income -€910
no longer reported in 2025 (was €910)
- Depreciation -€813
down €813 (-11.9%), from €6,813 to €6,000
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 | €46,135 | €37,121 | -€9,014 | -19.5% |
| Fixed assets | 21/28 | €25,549 | €20,289 | -€5,260 | -20.6% |
| Tangible fixed assets | 22/27 | €25,549 | €20,289 | -€5,260 | -20.6% |
| Plant, machinery and equipment | 23 | €20,240 | €16,570 | -€3,670 | -18.1% |
| Furniture and vehicles | 24 | €5,309 | €3,719 | -€1,590 | -29.9% |
| Current assets | 29/58 | €20,585 | €16,832 | -€3,753 | -18.2% |
| Stocks and contracts in progress | 3 | €407 | €407 | = | 0.0% |
| Stocks | 30/36 | €407 | €407 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,032 | €4,830 | +€1,798 | +59.3% |
| Trade receivables | 40 | €170 | €1,793 | +€1,623 | +954.5% |
| Other amounts receivable | 41 | €2,862 | €3,037 | +€175 | +6.1% |
| Cash at bank and in hand | 54/58 | €14,998 | €11,270 | -€3,728 | -24.9% |
| Deferred charges and accrued income | 490/1 | €2,148 | €325 | -€1,824 | -84.9% |
| Total equity and liabilities | 10/49 | €46,135 | €37,121 | -€9,014 | -19.5% |
| Equity | 10/15 | €44,445 | €34,338 | -€10,106 | -22.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €43,430 | €43,430 | = | 0.0% |
| Distributable reserves | 133 | €43,430 | €43,430 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15 | -€10,092 | -€10,106 | |
| Amounts payable | 17/49 | €1,690 | €2,783 | +€1,093 | +64.7% |
| Amounts payable within one year | 42/48 | €1,690 | €2,783 | +€1,093 | +64.7% |
| Trade debts | 44 | €13 | - | -€13 | |
| Suppliers | 440/4 | €13 | - | -€13 | |
| Taxes, remuneration and social security | 45 | - | €239 | +€239 | |
| Taxes | 450/3 | - | €239 | +€239 | |
| Other amounts payable | 47/48 | €1,677 | €2,544 | +€867 | +51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,813 | €6,000 | -€813 | -11.9% |
| Other operating charges | 640/8 | €1,092 | €1,082 | -€10 | -1.0% |
| Gross operating margin | 9900 | €9,710 | -€2,588 | -€12,298 | |
| Operating profit (loss) | 9901 | €1,804 | -€9,670 | -€11,474 | |
| Financial income | 75/76B | €910 | - | -€910 | |
| Recurring financial income | 75 | €910 | - | -€910 | |
| Financial charges | 65/66B | €133 | €64 | -€70 | -52.2% |
| Recurring financial charges | 65 | €133 | €64 | -€70 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | €2,581 | -€9,734 | -€12,315 | |
| Income taxes | 67/77 | €1,335 | €373 | -€963 | -72.1% |
| Profit (loss) for the period | 9904 | €1,246 | -€10,106 | -€11,353 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,246 | -€10,106 | -€11,353 |
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 12 October 2026 via checked.be.