POM BDC: 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.
POM BDC
Largest movements
- Receivables within one year -€153,807
down €153,807 (-42.4%), from €362,924 to €209,117
of which Trade receivables: -€353,883
- Tangible fixed assets -€92,490
down €92,490 (-34.0%), from €271,733 to €179,243
of which Plant, machinery and equipment: -€62,672
- Cash -€69,271
down €69,271 (-38.0%), from €182,338 to €113,067
mainly Trade debts (-€254,354) and Debts after one year (-€37,455)
- Trade debts -€254,354
down €254,354 (-65.4%), from €389,192 to €134,837
- Debts after one year -€37,455
down €37,455 (-17.6%), from €212,388 to €174,934
- Tax, wage and social debts -€20,091
down €20,091 (-27.0%), from €74,516 to €54,425
of which Taxes: -€17,102
- Gross operating margin +€85,768
up €85,768 (+31.6%), from €271,791 to €357,559
- Staff costs +€28,444
up €28,444 (+12.9%), from €219,672 to €248,116
- Other operating charges -€5,315
down €5,315 (-69.7%), from €7,625 to €2,309
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 | €955,162 | €644,161 | -€311,001 | -32.6% |
| Fixed assets | 21/28 | €271,733 | €179,243 | -€92,490 | -34.0% |
| Tangible fixed assets | 22/27 | €271,733 | €179,243 | -€92,490 | -34.0% |
| Plant, machinery and equipment | 23 | €91,757 | €29,085 | -€62,672 | -68.3% |
| Furniture and vehicles | 24 | €22,357 | €18,765 | -€3,593 | -16.1% |
| Other tangible fixed assets | 26 | €157,618 | €131,393 | -€26,226 | -16.6% |
| Current assets | 29/58 | €683,429 | €464,918 | -€218,511 | -32.0% |
| Stocks and contracts in progress | 3 | €138,119 | €134,638 | -€3,481 | -2.5% |
| Stocks | 30/36 | €138,119 | €134,638 | -€3,481 | -2.5% |
| Amounts receivable within one year | 40/41 | €362,924 | €209,117 | -€153,807 | -42.4% |
| Trade receivables | 40 | €355,888 | €2,004 | -€353,883 | -99.4% |
| Other amounts receivable | 41 | €7,036 | €207,113 | +€200,076 | +2,844% |
| Cash at bank and in hand | 54/58 | €182,338 | €113,067 | -€69,271 | -38.0% |
| Deferred charges and accrued income | 490/1 | €48 | €8,096 | +€8,048 | +16,662% |
| Total equity and liabilities | 10/49 | €955,162 | €644,161 | -€311,001 | -32.6% |
| Equity | 10/15 | €236,269 | €235,964 | -€305 | -0.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €249,000 | €249,000 | = | 0.0% |
| Distributable reserves | 133 | €249,000 | €249,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,731 | -€63,036 | -€305 | -0.5% |
| Amounts payable | 17/49 | €718,893 | €408,197 | -€310,696 | -43.2% |
| Amounts payable after more than one year | 17 | €212,388 | €174,934 | -€37,455 | -17.6% |
| Financial debts | 170/4 | €212,388 | €174,934 | -€37,455 | -17.6% |
| Amounts payable within one year | 42/48 | €506,491 | €232,400 | -€274,091 | -54.1% |
| Current portion of amounts payable after more than one year | 42 | €42,290 | €42,644 | +€354 | +0.8% |
| Trade debts | 44 | €389,192 | €134,837 | -€254,354 | -65.4% |
| Suppliers | 440/4 | €389,192 | €134,837 | -€254,354 | -65.4% |
| Taxes, remuneration and social security | 45 | €74,516 | €54,425 | -€20,091 | -27.0% |
| Taxes | 450/3 | €23,239 | €6,137 | -€17,102 | -73.6% |
| Remuneration and social security | 454/9 | €51,276 | €48,288 | -€2,989 | -5.8% |
| Other amounts payable | 47/48 | €493 | €493 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €14 | €864 | +€849 | +5,862% |
| Remuneration, social security and pensions | 62 | €219,672 | €248,116 | +€28,444 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,837 | €92,490 | -€3,347 | -3.5% |
| Other operating charges | 640/8 | €7,625 | €2,309 | -€5,315 | -69.7% |
| Gross operating margin | 9900 | €271,791 | €357,559 | +€85,768 | +31.6% |
| Operating profit (loss) | 9901 | -€51,343 | €14,643 | +€65,987 | |
| Financial income | 75/76B | €1,590 | €194 | -€1,396 | -87.8% |
| Recurring financial income | 75 | €1,590 | €194 | -€1,396 | -87.8% |
| Financial charges | 65/66B | €12,600 | €15,142 | +€2,542 | +20.2% |
| Recurring financial charges | 65 | €12,600 | €15,142 | +€2,542 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | -€62,354 | -€305 | +€62,048 | +99.5% |
| Income taxes | 67/77 | €624 | - | -€624 | |
| Profit (loss) for the period | 9904 | -€62,978 | -€305 | +€62,673 | +99.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,978 | -€305 | +€62,673 | +99.5% |
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 30 October 2026 via checked.be.