POKAR: 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.
POKAR
Largest movements
- Stocks and contracts +€7,872
up €7,872 (+334.9%), from €2,351 to €10,222
- Tangible fixed assets -€4,078
down €4,078 (-31.3%), from €13,017 to €8,939
of which Plant, machinery and equipment: -€3,548
- Receivables within one year -€3,610
down €3,610 (-51.3%), from €7,040 to €3,430
of which Trade receivables: -€3,540
- Intangible fixed assets -€1,875
down €1,875 (-26.7%), from €7,031 to €5,156
- Deferred charges and accrued income +€1,465
up €1,465 (+244.7%), from €599 to €2,064
- Profit (loss) carried forward -€16,308
down €16,308 (-85.3%), from €19,120 to €2,812
- Tax, wage and social debts +€9,026
up €9,026 (+51.2%), from €17,615 to €26,641
of which Remuneration and social security: +€7,537
- Other debts +€4,238
up €4,238 (+141.2%), from €3,001 to €7,239
- Trade debts +€2,409
up €2,409 (+45.6%), from €5,281 to €7,690
- Staff costs +€32,583
up €32,583 (+34.7%), from €93,899 to €126,481
- Gross operating margin +€11,464
up €11,464 (+10.3%), from €110,805 to €122,270
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 | €50,017 | €49,382 | -€635 | -1.3% |
| Fixed assets | 21/28 | €20,048 | €14,095 | -€5,953 | -29.7% |
| Intangible fixed assets | 21 | €7,031 | €5,156 | -€1,875 | -26.7% |
| Tangible fixed assets | 22/27 | €13,017 | €8,939 | -€4,078 | -31.3% |
| Plant, machinery and equipment | 23 | €11,468 | €7,921 | -€3,548 | -30.9% |
| Furniture and vehicles | 24 | €1,549 | €1,018 | -€531 | -34.3% |
| Current assets | 29/58 | €29,969 | €35,287 | +€5,318 | +17.7% |
| Stocks and contracts in progress | 3 | €2,351 | €10,222 | +€7,872 | +334.9% |
| Stocks | 30/36 | €2,351 | €10,222 | +€7,872 | +334.9% |
| Amounts receivable within one year | 40/41 | €7,040 | €3,430 | -€3,610 | -51.3% |
| Trade receivables | 40 | €3,631 | €92 | -€3,540 | -97.5% |
| Other amounts receivable | 41 | €3,408 | €3,338 | -€70 | -2.1% |
| Cash at bank and in hand | 54/58 | €19,980 | €19,571 | -€409 | -2.0% |
| Deferred charges and accrued income | 490/1 | €599 | €2,064 | +€1,465 | +244.7% |
| Total equity and liabilities | 10/49 | €50,017 | €49,382 | -€635 | -1.3% |
| Equity | 10/15 | €24,120 | €7,812 | -€16,308 | -67.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,120 | €2,812 | -€16,308 | -85.3% |
| Amounts payable | 17/49 | €25,897 | €41,570 | +€15,673 | +60.5% |
| Amounts payable within one year | 42/48 | €25,897 | €41,570 | +€15,673 | +60.5% |
| Trade debts | 44 | €5,281 | €7,690 | +€2,409 | +45.6% |
| Suppliers | 440/4 | €5,281 | €7,690 | +€2,409 | +45.6% |
| Taxes, remuneration and social security | 45 | €17,615 | €26,641 | +€9,026 | +51.2% |
| Taxes | 450/3 | €992 | €2,481 | +€1,489 | +150.2% |
| Remuneration and social security | 454/9 | €16,623 | €24,160 | +€7,537 | +45.3% |
| Other amounts payable | 47/48 | €3,001 | €7,239 | +€4,238 | +141.2% |
| Remuneration, social security and pensions | 62 | €93,899 | €126,481 | +€32,583 | +34.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,788 | €6,366 | +€578 | +10.0% |
| Other operating charges | 640/8 | €274 | €640 | +€366 | +133.6% |
| Gross operating margin | 9900 | €110,805 | €122,270 | +€11,464 | +10.3% |
| Operating profit (loss) | 9901 | €10,845 | -€11,217 | -€22,062 | |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €5,371 | €5,114 | -€257 | -4.8% |
| Recurring financial charges | 65 | €5,371 | €5,114 | -€257 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €5,474 | -€16,308 | -€21,782 | |
| Income taxes | 67/77 | €592 | - | -€592 | |
| Profit (loss) for the period | 9904 | €4,882 | -€16,308 | -€21,191 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,882 | -€16,308 | -€21,191 |
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 4 October 2026 via checked.be.