POMACO: 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.
POMACO
Largest movements
- Tangible fixed assets +€993,784
up €993,784 (+26.5%), from €3.8m to €4.7m
of which Land and buildings: +€927,678
- Stocks and contracts -€670,562
no longer reported in 2025 (was €670,562)
- Receivables within one year -€136,882
down €136,882 (-76.6%), from €178,796 to €41,914
of which Other amounts receivable: -€131,611
- Receivables after one year -€105,439
no longer reported in 2025 (was €105,439)
- Cash -€101,163
down €101,163 (-54.3%), from €186,449 to €85,286
mainly Investment in fixed assets (net) (-€1.2m) and Short-term financial debts (-€500,000)
- Short-term financial debts -€500,000
no longer reported in 2025 (was €500,000)
- Other debts +€460,398
up €460,398 (+1247.4%), from €36,910 to €497,308
- Debts after one year +€282,606
up €282,606 (+11.0%), from €2.6m to €2.9m
- Profit (loss) carried forward -€154,541
new in 2025: -€154,541
- Gross operating margin +€98,388
up €98,388 (+27.2%), from €361,618 to €460,005
- Financial charges -€46,014
down €46,014 (-24.6%), from €186,839 to €140,825
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 | €5,047,800 | €5,129,231 | +€81,431 | +1.6% |
| Fixed assets | 21/28 | €3,894,821 | €4,887,355 | +€992,534 | +25.5% |
| Tangible fixed assets | 22/27 | €3,754,723 | €4,748,507 | +€993,784 | +26.5% |
| Land and buildings | 22 | €3,737,986 | €4,665,664 | +€927,678 | +24.8% |
| Plant, machinery and equipment | 23 | - | €2,138 | +€2,138 | |
| Furniture and vehicles | 24 | €16,737 | €80,705 | +€63,968 | +382.2% |
| Financial fixed assets | 28 | €140,098 | €138,848 | -€1,250 | -0.9% |
| Current assets | 29/58 | €1,152,979 | €241,876 | -€911,103 | -79.0% |
| Amounts receivable after more than one year | 29 | €105,439 | - | -€105,439 | |
| Other amounts receivable | 291 | €105,439 | - | -€105,439 | |
| Stocks and contracts in progress | 3 | €670,562 | - | -€670,562 | |
| Stocks | 30/36 | €670,562 | - | -€670,562 | |
| Amounts receivable within one year | 40/41 | €178,796 | €41,914 | -€136,882 | -76.6% |
| Trade receivables | 40 | €28,362 | €23,092 | -€5,271 | -18.6% |
| Other amounts receivable | 41 | €150,433 | €18,822 | -€131,611 | -87.5% |
| Current investments | 50/53 | - | €100,452 | +€100,452 | |
| Cash at bank and in hand | 54/58 | €186,449 | €85,286 | -€101,163 | -54.3% |
| Deferred charges and accrued income | 490/1 | €11,733 | €14,225 | +€2,492 | +21.2% |
| Total equity and liabilities | 10/49 | €5,047,800 | €5,129,231 | +€81,431 | +1.6% |
| Equity | 10/15 | €1,747,861 | €1,593,320 | -€154,541 | -8.8% |
| Contributions | 10/11 | €593,592 | €593,592 | = | 0.0% |
| Reserves | 13 | €1,154,269 | €1,154,269 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,130,303 | €1,130,303 | = | 0.0% |
| Distributable reserves | 133 | €23,967 | €23,967 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€154,541 | -€154,541 | |
| Amounts payable | 17/49 | €3,299,939 | €3,535,910 | +€235,971 | +7.2% |
| Amounts payable after more than one year | 17 | €2,572,470 | €2,855,076 | +€282,606 | +11.0% |
| Financial debts | 170/4 | €2,572,470 | €2,855,076 | +€282,606 | +11.0% |
| Amounts payable within one year | 42/48 | €722,499 | €678,183 | -€44,316 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €183,966 | €160,300 | -€23,666 | -12.9% |
| Financial debts | 43 | €500,000 | - | -€500,000 | |
| Credit institutions | 430/8 | €500,000 | - | -€500,000 | |
| Trade debts | 44 | €824 | €20,303 | +€19,479 | +2362.9% |
| Suppliers | 440/4 | €824 | €20,303 | +€19,479 | +2362.9% |
| Taxes, remuneration and social security | 45 | €798 | €271 | -€527 | -66.0% |
| Taxes | 450/3 | €798 | €271 | -€527 | -66.0% |
| Other amounts payable | 47/48 | €36,910 | €497,308 | +€460,398 | +1247.4% |
| Accrued charges and deferred income | 492/3 | €4,971 | €2,651 | -€2,319 | -46.7% |
| Non-recurring operating income | 76A | - | €195,186 | +€195,186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224,208 | €224,654 | +€445 | +0.2% |
| Other operating charges | 640/8 | €52,729 | €55,139 | +€2,410 | +4.6% |
| Non-recurring operating charges | 66A | - | €195,415 | +€195,415 | |
| Gross operating margin | 9900 | €361,618 | €460,005 | +€98,388 | +27.2% |
| Operating profit (loss) | 9901 | €84,681 | -€15,202 | -€99,883 | |
| Financial income | 75/76B | €3,579 | €1,951 | -€1,628 | -45.5% |
| Recurring financial income | 75 | €3,579 | €1,951 | -€1,628 | -45.5% |
| Financial charges | 65/66B | €186,839 | €140,825 | -€46,014 | -24.6% |
| Recurring financial charges | 65 | €186,839 | €140,825 | -€46,014 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | -€98,579 | -€154,076 | -€55,497 | -56.3% |
| Income taxes | 67/77 | €798 | €465 | -€334 | -41.8% |
| Profit (loss) for the period | 9904 | -€99,377 | -€154,541 | -€55,163 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€99,377 | -€154,541 | -€55,163 | -55.5% |
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 11 October 2026 via checked.be.