POM BEL: 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 BEL
Largest movements
- Cash -€196,904
down €196,904 (-72.2%), from €272,685 to €75,781
mainly Other debts (-€1.4m) and Investment in fixed assets (net) (-€241,923)
- Tangible fixed assets -€90,252
down €90,252 (-1.4%), from €6.3m to €6.2m
of which Land and buildings: -€855,240
- Other debts -€1.4m
down €1.4m (-98.2%), from €1.4m to €25,057
- Debts after one year +€1.2m
up €1.2m (+35.7%), from €3.4m to €4.7m
- Accrued charges and deferred income -€69,008
down €69,008 (-61.0%), from €113,169 to €44,161
- Turnover -€755,243
no longer reported in 2025 (was €755,243)
- Financial charges -€164,325
down €164,325 (-43.2%), from €380,438 to €216,114
- Depreciation -€127,807
down €127,807 (-27.8%), from €459,982 to €332,175
- Gross operating margin -€97,604
down €97,604 (-13.3%), from €735,107 to €637,504
- Purchases and services -€69,067
no longer reported in 2025 (was €69,067)
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 | €6,700,821 | €6,466,675 | -€234,146 | -3.5% |
| Fixed assets | 21/28 | €6,263,156 | €6,172,904 | -€90,252 | -1.4% |
| Tangible fixed assets | 22/27 | €6,263,156 | €6,172,904 | -€90,252 | -1.4% |
| Land and buildings | 22 | €6,198,016 | €5,342,776 | -€855,240 | -13.8% |
| Furniture and vehicles | 24 | €65,139 | €57,886 | -€7,254 | -11.1% |
| Other tangible fixed assets | 26 | - | €772,242 | +€772,242 | |
| Current assets | 29/58 | €437,665 | €293,772 | -€143,894 | -32.9% |
| Amounts receivable within one year | 40/41 | €164,980 | €217,991 | +€53,011 | +32.1% |
| Trade receivables | 40 | €140,020 | €217,686 | +€77,666 | +55.5% |
| Other amounts receivable | 41 | €24,960 | €305 | -€24,655 | -98.8% |
| Cash at bank and in hand | 54/58 | €272,685 | €75,781 | -€196,904 | -72.2% |
| Total equity and liabilities | 10/49 | €6,700,821 | €6,466,675 | -€234,146 | -3.5% |
| Equity | 10/15 | €1,367,225 | €1,398,068 | +€30,844 | +2.3% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,775 | -€101,932 | +€30,844 | +23.2% |
| Amounts payable | 17/49 | €5,333,596 | €5,068,607 | -€264,989 | -5.0% |
| Amounts payable after more than one year | 17 | €3,434,542 | €4,659,778 | +€1.2m | +35.7% |
| Financial debts | 170/4 | €3,434,542 | €4,659,778 | +€1.2m | +35.7% |
| Amounts payable within one year | 42/48 | €1,785,886 | €364,668 | -€1.4m | -79.6% |
| Current portion of amounts payable after more than one year | 42 | €274,763 | €274,763 | = | 0.0% |
| Trade debts | 44 | €110,423 | €62,931 | -€47,492 | -43.0% |
| Suppliers | 440/4 | €110,423 | €62,931 | -€47,492 | -43.0% |
| Taxes, remuneration and social security | 45 | €921 | €1,917 | +€995 | +108.1% |
| Taxes | 450/3 | €921 | €1,917 | +€995 | +108.1% |
| Other amounts payable | 47/48 | €1,399,778 | €25,057 | -€1.4m | -98.2% |
| Accrued charges and deferred income | 492/3 | €113,169 | €44,161 | -€69,008 | -61.0% |
| Turnover | 70 | €755,243 | - | -€755,243 | |
| Goods, raw materials, services and sundry goods | 60/61 | €69,067 | - | -€69,067 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €459,982 | €332,175 | -€127,807 | -27.8% |
| Other operating charges | 640/8 | €31,381 | €58,768 | +€27,387 | +87.3% |
| Gross operating margin | 9900 | €735,107 | €637,504 | -€97,604 | -13.3% |
| Operating profit (loss) | 9901 | €243,744 | €246,561 | +€2,817 | +1.2% |
| Financial income | 75/76B | €3,918 | €396 | -€3,522 | -89.9% |
| Recurring financial income | 75 | €3,918 | €396 | -€3,522 | -89.9% |
| Financial charges | 65/66B | €380,438 | €216,114 | -€164,325 | -43.2% |
| Recurring financial charges | 65 | €380,438 | €216,114 | -€164,325 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | -€132,775 | €30,844 | +€163,619 | |
| Profit (loss) for the period | 9904 | -€132,775 | €30,844 | +€163,619 | |
| Profit (loss) for the period to be appropriated | 9905 | -€132,775 | €30,844 | +€163,619 |
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 9 October 2026 via checked.be.