POKELOA: 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.
POKELOA
Largest movements
- Tangible fixed assets +€20,946
up €20,946 (+693%), from €3,023 to €23,968
of which Plant, machinery and equipment: +€18,908
- Stocks and contracts +€10,409
up €10,409 (+325%), from €3,205 to €13,614
- Cash -€10,219
down €10,219 (-70.4%), from €14,514 to €4,296
mainly Investment in fixed assets (net) (-€23,130) and Stocks and contracts (-€10,409)
- Receivables within one year +€3,592
up €3,592 (+24.1%), from €14,929 to €18,522
of which Other amounts receivable: +€7,066
- Debts after one year +€14,472
up €14,472 (+271%), from €5,335 to €19,806
- Other debts +€6,497
new in 2025: €6,497
- Tax, wage and social debts +€5,216
up €5,216 (+79.1%), from €6,595 to €11,811
of which Remuneration and social security: +€5,799
- Profit (loss) carried forward -€3,946
down €3,946, from €0 to -€3,946
- Current portion of long-term debt +€2,664
up €2,664 (+25.0%), from €10,665 to €13,329
- Staff costs +€42,826
up €42,826 (+163%), from €26,337 to €69,162
- Gross operating margin +€23,293
up €23,293 (+45.2%), from €51,518 to €74,812
- Taxes -€5,304
down €5,304 (-100%), from €5,304 to €0
- Financial charges +€2,591
up €2,591 (+59.3%), from €4,366 to €6,957
- Depreciation +€887
up €887 (+68.3%), from €1,298 to €2,185
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 | €36,321 | €61,063 | +€24,743 | +68.1% |
| Fixed assets | 21/28 | €3,253 | €24,199 | +€20,946 | +644% |
| Tangible fixed assets | 22/27 | €3,023 | €23,968 | +€20,946 | +693% |
| Plant, machinery and equipment | 23 | €2,342 | €21,250 | +€18,908 | +807% |
| Furniture and vehicles | 24 | €681 | €2,718 | +€2,037 | +299% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €33,068 | €36,865 | +€3,797 | +11.5% |
| Stocks and contracts in progress | 3 | €3,205 | €13,614 | +€10,409 | +325% |
| Stocks | 30/36 | €3,205 | €13,614 | +€10,409 | +325% |
| Amounts receivable within one year | 40/41 | €14,929 | €18,522 | +€3,592 | +24.1% |
| Trade receivables | 40 | €11,346 | €7,872 | -€3,474 | -30.6% |
| Other amounts receivable | 41 | €3,584 | €10,650 | +€7,066 | +197% |
| Cash at bank and in hand | 54/58 | €14,514 | €4,296 | -€10,219 | -70.4% |
| Deferred charges and accrued income | 490/1 | €419 | €433 | +€14 | +3.4% |
| Total equity and liabilities | 10/49 | €36,321 | €61,063 | +€24,743 | +68.1% |
| Equity | 10/15 | €13,381 | €9,434 | -€3,946 | -29.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,381 | €11,381 | = | 0.0% |
| Distributable reserves | 133 | €11,381 | €11,381 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€3,946 | -€3,946 | |
| Amounts payable | 17/49 | €22,940 | €51,629 | +€28,689 | +125% |
| Amounts payable after more than one year | 17 | €5,335 | €19,806 | +€14,472 | +271% |
| Financial debts | 170/4 | €5,335 | €19,806 | +€14,472 | +271% |
| Amounts payable within one year | 42/48 | €17,605 | €31,823 | +€14,218 | +80.8% |
| Current portion of amounts payable after more than one year | 42 | €10,665 | €13,329 | +€2,664 | +25.0% |
| Trade debts | 44 | €345 | €186 | -€159 | -46.0% |
| Suppliers | 440/4 | €345 | €186 | -€159 | -46.0% |
| Taxes, remuneration and social security | 45 | €6,595 | €11,811 | +€5,216 | +79.1% |
| Taxes | 450/3 | €6,297 | €5,715 | -€583 | -9.3% |
| Remuneration and social security | 454/9 | €298 | €6,096 | +€5,799 | +1,948% |
| Other amounts payable | 47/48 | - | €6,497 | +€6,497 | |
| Remuneration, social security and pensions | 62 | €26,337 | €69,162 | +€42,826 | +163% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,298 | €2,185 | +€887 | +68.3% |
| Other operating charges | 640/8 | €665 | €458 | -€207 | -31.1% |
| Gross operating margin | 9900 | €51,518 | €74,812 | +€23,293 | +45.2% |
| Operating profit (loss) | 9901 | €23,219 | €3,007 | -€20,212 | -87.0% |
| Financial income | 75/76B | €7 | €3 | -€3 | -50.5% |
| Recurring financial income | 75 | €7 | €3 | -€3 | -50.5% |
| Financial charges | 65/66B | €4,366 | €6,957 | +€2,591 | +59.3% |
| Recurring financial charges | 65 | €4,366 | €6,957 | +€2,591 | +59.3% |
| Profit (loss) for the period before taxes | 9903 | €18,860 | -€3,946 | -€22,806 | |
| Income taxes | 67/77 | €5,304 | €0 | -€5,304 | -100% |
| Profit (loss) for the period | 9904 | €13,556 | -€3,946 | -€17,502 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,556 | -€3,946 | -€17,502 |
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 19 October 2026 via checked.be.