POOL EVOLUTION: 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.
POOL EVOLUTION
Largest movements
- Receivables within one year -€11,831
down €11,831 (-56.3%), from €21,004 to €9,173
of which Trade receivables: -€16,593
- Deferred charges and accrued income +€1,190
up €1,190 (+69.0%), from €1,726 to €2,916
- Cash -€431
down €431 (-82.1%), from €525 to €94
mainly Net result for the year (-€12,223) and Deferred charges and accrued income (-€1,190)
- Financial fixed assets +€363
new in 2025: €363
- Profit (loss) carried forward -€12,223
down €12,223 (-4443.1%), from -€275 to -€12,498
- Tax, wage and social debts +€1,024
new in 2025: €1,024
of which Remuneration and social security: +€614
- Trade debts +€573
up €573 (+28.1%), from €2,038 to €2,610
- Gross operating margin +€8,606
up €8,606 (+51.2%), from -€16,816 to -€8,210
- Staff costs +€2,992
up €2,992 (+1831.8%), from €163 to €3,156
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 | €23,255 | €12,546 | -€10,709 | -46.0% |
| Fixed assets | 21/28 | - | €363 | +€363 | |
| Financial fixed assets | 28 | - | €363 | +€363 | |
| Current assets | 29/58 | €23,255 | €12,183 | -€11,072 | -47.6% |
| Amounts receivable within one year | 40/41 | €21,004 | €9,173 | -€11,831 | -56.3% |
| Trade receivables | 40 | €18,417 | €1,824 | -€16,593 | -90.1% |
| Other amounts receivable | 41 | €2,586 | €7,349 | +€4,763 | +184.1% |
| Cash at bank and in hand | 54/58 | €525 | €94 | -€431 | -82.1% |
| Deferred charges and accrued income | 490/1 | €1,726 | €2,916 | +€1,190 | +69.0% |
| Total equity and liabilities | 10/49 | €23,255 | €12,546 | -€10,709 | -46.0% |
| Equity | 10/15 | €20,176 | €7,953 | -€12,223 | -60.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€275 | -€12,498 | -€12,223 | -4443.1% |
| Amounts payable | 17/49 | €3,079 | €4,593 | +€1,514 | +49.2% |
| Amounts payable within one year | 42/48 | €3,079 | €4,593 | +€1,514 | +49.2% |
| Trade debts | 44 | €2,038 | €2,610 | +€573 | +28.1% |
| Suppliers | 440/4 | €2,038 | €2,610 | +€573 | +28.1% |
| Taxes, remuneration and social security | 45 | - | €1,024 | +€1,024 | |
| Taxes | 450/3 | - | €410 | +€410 | |
| Remuneration and social security | 454/9 | - | €614 | +€614 | |
| Other amounts payable | 47/48 | €1,041 | €958 | -€83 | -7.9% |
| Remuneration, social security and pensions | 62 | €163 | €3,156 | +€2,992 | +1831.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €652 | €671 | +€20 | +3.0% |
| Gross operating margin | 9900 | -€16,816 | -€8,210 | +€8,606 | +51.2% |
| Operating profit (loss) | 9901 | -€17,631 | -€12,037 | +€5,594 | +31.7% |
| Financial charges | 65/66B | €321 | €186 | -€136 | -42.2% |
| Recurring financial charges | 65 | €321 | €186 | -€136 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,952 | -€12,223 | +€5,729 | +31.9% |
| Profit (loss) for the period | 9904 | -€17,952 | -€12,223 | +€5,729 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,952 | -€12,223 | +€5,729 | +31.9% |
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 10 October 2026 via checked.be.