POOL DESIGN: what changed
Two fiscal 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.
POOL DESIGN
Largest movements
- Tangible fixed assets -€3,426
down €3,426 (-32.7%), from €10,469 to €7,043
of which Plant, machinery and equipment: -€3,271
- Stocks and contracts -€3,024
down €3,024 (-9.8%), from €30,823 to €27,799
- Deferred charges and accrued income -€2,111
down €2,111 (-70.5%), from €2,993 to €882
- Cash -€1,138
down €1,138 (-33.5%), from €3,396 to €2,258
mainly Trade debts (-€16,592) and Contributions, distributions and other (-€15,560)
- Receivables within one year +€986
up €986 (+19.2%), from €5,134 to €6,121
of which Trade receivables: +€2,760
- Profit (loss) carried forward +€43,452
up €43,452 (+89.4%), from -€48,607 to -€5,156
- Trade debts -€16,592
down €16,592 (-97.1%), from €17,083 to €491
- Contributions -€15,560
down €15,560 (-83.7%), from €18,600 to €3,040
- Current portion of long-term debt -€9,858
down €9,858 (-100.0%), from €9,858 to €0
- Other debts -€4,359
down €4,359 (-36.1%), from €12,073 to €7,714
- Gross operating margin +€53,794
up €53,794 (+4211.7%), from €1,277 to €55,071
- Financial charges -€3,678
down €3,678 (-42.1%), from €8,747 to €5,069
- Other operating charges -€1,712
down €1,712 (-50.3%), from €3,407 to €1,695
- Taxes +€1,618
new in 2025: €1,618
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 | €52,816 | €44,102 | -€8,714 | -16.5% |
| Fixed assets | 21/28 | €10,469 | €7,043 | -€3,426 | -32.7% |
| Tangible fixed assets | 22/27 | €10,469 | €7,043 | -€3,426 | -32.7% |
| Plant, machinery and equipment | 23 | €9,062 | €5,791 | -€3,271 | -36.1% |
| Other tangible fixed assets | 26 | €1,407 | €1,252 | -€155 | -11.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €42,347 | €37,059 | -€5,288 | -12.5% |
| Stocks and contracts in progress | 3 | €30,823 | €27,799 | -€3,024 | -9.8% |
| Stocks | 30/36 | €30,823 | €27,799 | -€3,024 | -9.8% |
| Amounts receivable within one year | 40/41 | €5,134 | €6,121 | +€986 | +19.2% |
| Trade receivables | 40 | €1,688 | €4,449 | +€2,760 | +163.5% |
| Other amounts receivable | 41 | €3,446 | €1,672 | -€1,774 | -51.5% |
| Cash at bank and in hand | 54/58 | €3,396 | €2,258 | -€1,138 | -33.5% |
| Deferred charges and accrued income | 490/1 | €2,993 | €882 | -€2,111 | -70.5% |
| Total equity and liabilities | 10/49 | €52,816 | €44,102 | -€8,714 | -16.5% |
| Equity | 10/15 | -€28,147 | -€256 | +€27,892 | +99.1% |
| Contributions | 10/11 | €18,600 | €3,040 | -€15,560 | -83.7% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,607 | -€5,156 | +€43,452 | +89.4% |
| Amounts payable | 17/49 | €80,964 | €44,358 | -€36,606 | -45.2% |
| Amounts payable after more than one year | 17 | €11,050 | €11,050 | = | 0.0% |
| Financial debts | 170/4 | €11,050 | €0 | -€11,050 | -100.0% |
| Other amounts payable | 178/9 | - | €11,050 | +€11,050 | |
| Amounts payable within one year | 42/48 | €68,448 | €32,541 | -€35,907 | -52.5% |
| Current portion of amounts payable after more than one year | 42 | €9,858 | €0 | -€9,858 | -100.0% |
| Financial debts | 43 | €25,834 | €22,718 | -€3,116 | -12.1% |
| Credit institutions | 430/8 | €25,834 | €22,718 | -€3,116 | -12.1% |
| Trade debts | 44 | €17,083 | €491 | -€16,592 | -97.1% |
| Suppliers | 440/4 | €17,083 | €491 | -€16,592 | -97.1% |
| Taxes, remuneration and social security | 45 | €3,600 | €1,618 | -€1,982 | -55.1% |
| Taxes | 450/3 | €3,600 | €1,618 | -€1,982 | -55.1% |
| Other amounts payable | 47/48 | €12,073 | €7,714 | -€4,359 | -36.1% |
| Accrued charges and deferred income | 492/3 | €1,466 | €767 | -€699 | -47.7% |
| Non-recurring operating income | 76A | €18,370 | €18,000 | -€370 | -2.0% |
| Remuneration, social security and pensions | 62 | €46 | €0 | -€46 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,646 | €2,562 | -€84 | -3.2% |
| Other operating charges | 640/8 | €3,407 | €1,695 | -€1,712 | -50.3% |
| Non-recurring operating charges | 66A | - | €864 | +€864 | |
| Gross operating margin | 9900 | €1,277 | €55,071 | +€53,794 | +4211.7% |
| Operating profit (loss) | 9901 | -€4,822 | €49,950 | +€54,772 | |
| Financial income | 75/76B | €452 | €188 | -€264 | -58.5% |
| Recurring financial income | 75 | €452 | €188 | -€264 | -58.5% |
| Financial charges | 65/66B | €8,747 | €5,069 | -€3,678 | -42.1% |
| Recurring financial charges | 65 | €8,747 | €5,069 | -€3,678 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,116 | €45,069 | +€58,186 | |
| Income taxes | 67/77 | - | €1,618 | +€1,618 | |
| Profit (loss) for the period | 9904 | -€13,116 | €43,452 | +€56,568 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,116 | €43,452 | +€56,568 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.