POMS: 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.
POMS
Largest movements
- Tangible fixed assets +€539,370
up €539,370 (+38.7%), from €1.4m to €1.9m
of which Land and buildings: +€538,192
- Receivables within one year -€145,789
down €145,789 (-91.4%), from €159,499 to €13,709
of which Other amounts receivable: -€122,731
- Cash -€68,557
down €68,557 (-69.7%), from €98,418 to €29,861
mainly Investment in fixed assets (net) (-€650,896) and Debts after one year (-€435,009)
- Intangible fixed assets -€44,511
down €44,511 (-25.0%), from €178,045 to €133,534
- Debts after one year -€435,009
down €435,009 (-31.0%), from €1.4m to €967,143
- Other debts +€342,169
up €342,169 (+674.8%), from €50,707 to €392,876
- Profit (loss) carried forward +€174,550
up €174,550, from -€174,550 to €0
- Reserves +€128,346
up €128,346 (+14.8%), from €870,022 to €998,368
of which Distributable reserves: +€138,346
- Tax, wage and social debts +€83,631
up €83,631 (+2518.1%), from €3,321 to €86,952
- Gross operating margin +€594,980
up €594,980 (+23773.1%), from €2,503 to €597,483
- Taxes +€88,594
up €88,594 (+30325.8%), from €292 to €88,886
- Depreciation +€29,438
up €29,438 (+23.3%), from €126,599 to €156,037
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 | €2,833,493 | €3,140,003 | +€306,510 | +10.8% |
| Fixed assets | 21/28 | €2,571,829 | €3,066,687 | +€494,858 | +19.2% |
| Intangible fixed assets | 21 | €178,045 | €133,534 | -€44,511 | -25.0% |
| Tangible fixed assets | 22/27 | €1,393,484 | €1,932,853 | +€539,370 | +38.7% |
| Land and buildings | 22 | €1,367,612 | €1,905,803 | +€538,192 | +39.4% |
| Plant, machinery and equipment | 23 | €1,183 | €703 | -€481 | -40.6% |
| Furniture and vehicles | 24 | €24,689 | €26,348 | +€1,659 | +6.7% |
| Financial fixed assets | 28 | €1,000,300 | €1,000,300 | = | 0.0% |
| Current assets | 29/58 | €261,664 | €73,315 | -€188,348 | -72.0% |
| Amounts receivable within one year | 40/41 | €159,499 | €13,709 | -€145,789 | -91.4% |
| Trade receivables | 40 | €36,718 | €13,660 | -€23,058 | -62.8% |
| Other amounts receivable | 41 | €122,781 | €49 | -€122,731 | -100.0% |
| Cash at bank and in hand | 54/58 | €98,418 | €29,861 | -€68,557 | -69.7% |
| Deferred charges and accrued income | 490/1 | €3,747 | €29,745 | +€25,998 | +693.8% |
| Total equity and liabilities | 10/49 | €2,833,493 | €3,140,003 | +€306,510 | +10.8% |
| Equity | 10/15 | €795,473 | €1,098,368 | +€302,895 | +38.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | - | -€100,000 | |
| Issued capital | 100 | €100,000 | - | -€100,000 | |
| Reserves | 13 | €870,022 | €998,368 | +€128,346 | +14.8% |
| Non-distributable reserves | 130/1 | €10,000 | €0 | -€10,000 | -100.0% |
| Legal reserve | 130 | €10,000 | - | -€10,000 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | €860,022 | €998,368 | +€138,346 | +16.1% |
| Profit (loss) carried forward | 14 | -€174,550 | €0 | +€174,550 | |
| Provisions and deferred taxes | 16 | €286,210 | €266,342 | -€19,868 | -6.9% |
| Deferred taxes | 168 | €286,210 | €266,342 | -€19,868 | -6.9% |
| Amounts payable | 17/49 | €1,751,810 | €1,775,292 | +€23,482 | +1.3% |
| Amounts payable after more than one year | 17 | €1,402,153 | €967,143 | -€435,009 | -31.0% |
| Financial debts | 170/4 | €1,402,153 | €967,143 | -€435,009 | -31.0% |
| Amounts payable within one year | 42/48 | €349,657 | €808,149 | +€458,491 | +131.1% |
| Current portion of amounts payable after more than one year | 42 | €221,923 | €241,167 | +€19,244 | +8.7% |
| Trade debts | 44 | €73,707 | €87,153 | +€13,446 | +18.2% |
| Suppliers | 440/4 | €73,707 | €87,153 | +€13,446 | +18.2% |
| Taxes, remuneration and social security | 45 | €3,321 | €86,952 | +€83,631 | +2518.1% |
| Taxes | 450/3 | €3,321 | €86,952 | +€83,631 | +2518.1% |
| Other amounts payable | 47/48 | €50,707 | €392,876 | +€342,169 | +674.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,599 | €156,037 | +€29,438 | +23.3% |
| Other operating charges | 640/8 | €21,329 | €21,018 | -€311 | -1.5% |
| Gross operating margin | 9900 | €2,503 | €597,483 | +€594,980 | +23773.1% |
| Operating profit (loss) | 9901 | -€145,426 | €420,427 | +€565,853 | |
| Financial income | 75/76B | €1,139 | €57 | -€1,082 | -95.0% |
| Recurring financial income | 75 | €1,139 | €57 | -€1,082 | -95.0% |
| Financial charges | 65/66B | €54,046 | €48,570 | -€5,476 | -10.1% |
| Recurring financial charges | 65 | €54,046 | €48,570 | -€5,476 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€198,333 | €371,914 | +€570,247 | |
| Transfer from deferred taxes | 780 | €57,563 | €19,868 | -€37,695 | -65.5% |
| Income taxes | 67/77 | €292 | €88,886 | +€88,594 | +30325.8% |
| Profit (loss) for the period | 9904 | -€141,063 | €302,895 | +€443,958 | |
| Profit (loss) for the period to be appropriated | 9905 | -€141,063 | €302,895 | +€443,958 |
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 12 October 2026 via checked.be.