POOL POINT: 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 POINT
Largest movements
- Tangible fixed assets +€37,381
up €37,381 (+333%), from €11,230 to €48,611
of which Furniture and vehicles: +€40,968
- Cash -€33,109
down €33,109 (-29.1%), from €113,635 to €80,526
mainly Investment in fixed assets (net) (-€48,232) and Debts after one year (-€9,692)
- Stocks and contracts -€15,158
down €15,158 (-15.0%), from €101,178 to €86,020
- Receivables within one year -€4,607
down €4,607 (-56.0%), from €8,223 to €3,616
of which Trade receivables: -€4,732
- Debts after one year -€9,692
down €9,692 (-51.3%), from €18,895 to €9,203
- Profit (loss) carried forward -€6,052
down €6,052 (-7.7%), from €78,528 to €72,477
- Other debts +€2,794
up €2,794 (+143%), from €1,958 to €4,752
- Depreciation +€4,864
up €4,864 (+81.2%), from €5,987 to €10,851
- Gross operating margin -€3,973
down €3,973 (-39.2%), from €10,145 to €6,172
- Financial charges +€702
up €702 (+199%), from €352 to €1,055
- Financial income -€306
down €306 (-46.0%), from €664 to €358
- Other operating charges -€245
down €245 (-30.1%), from €814 to €569
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.
Derived cash bridge
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 | €235,105 | €219,639 | -€15,466 | -6.6% |
| Fixed assets | 21/28 | €11,338 | €48,719 | +€37,381 | +330% |
| Tangible fixed assets | 22/27 | €11,230 | €48,611 | +€37,381 | +333% |
| Land and buildings | 22 | €609 | €328 | -€281 | -46.2% |
| Plant, machinery and equipment | 23 | €7,759 | €4,774 | -€2,985 | -38.5% |
| Furniture and vehicles | 24 | - | €40,968 | +€40,968 | |
| Other tangible fixed assets | 26 | €2,863 | €2,542 | -€321 | -11.2% |
| Financial fixed assets | 28 | €108 | €108 | = | 0.0% |
| Current assets | 29/58 | €223,767 | €170,920 | -€52,847 | -23.6% |
| Stocks and contracts in progress | 3 | €101,178 | €86,020 | -€15,158 | -15.0% |
| Stocks | 30/36 | €101,178 | €86,020 | -€15,158 | -15.0% |
| Amounts receivable within one year | 40/41 | €8,223 | €3,616 | -€4,607 | -56.0% |
| Trade receivables | 40 | €5,348 | €616 | -€4,732 | -88.5% |
| Other amounts receivable | 41 | €2,876 | €3,000 | +€124 | +4.3% |
| Cash at bank and in hand | 54/58 | €113,635 | €80,526 | -€33,109 | -29.1% |
| Deferred charges and accrued income | 490/1 | €731 | €758 | +€27 | +3.7% |
| Total equity and liabilities | 10/49 | €235,105 | €219,639 | -€15,466 | -6.6% |
| Equity | 10/15 | €194,550 | €188,498 | -€6,052 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,421 | €97,421 | = | 0.0% |
| Distributable reserves | 133 | €97,421 | €97,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,528 | €72,477 | -€6,052 | -7.7% |
| Amounts payable | 17/49 | €40,555 | €31,141 | -€9,414 | -23.2% |
| Amounts payable after more than one year | 17 | €18,895 | €9,203 | -€9,692 | -51.3% |
| Financial debts | 170/4 | €18,895 | €9,203 | -€9,692 | -51.3% |
| Amounts payable within one year | 42/48 | €21,661 | €21,938 | +€278 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €9,341 | €9,692 | +€350 | +3.8% |
| Trade debts | 44 | €1,028 | €191 | -€837 | -81.4% |
| Suppliers | 440/4 | €1,028 | €191 | -€837 | -81.4% |
| Advances received on contracts in progress | 46 | €2,500 | €2,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,834 | €4,803 | -€2,030 | -29.7% |
| Taxes | 450/3 | €6,834 | €4,803 | -€2,030 | -29.7% |
| Other amounts payable | 47/48 | €1,958 | €4,752 | +€2,794 | +143% |
| Non-recurring operating income | 76A | €16,529 | €10,000 | -€6,529 | -39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,987 | €10,851 | +€4,864 | +81.2% |
| Other operating charges | 640/8 | €814 | €569 | -€245 | -30.1% |
| Gross operating margin | 9900 | €10,145 | €6,172 | -€3,973 | -39.2% |
| Operating profit (loss) | 9901 | €3,344 | -€5,248 | -€8,593 | |
| Financial income | 75/76B | €664 | €358 | -€306 | -46.0% |
| Recurring financial income | 75 | €664 | €358 | -€306 | -46.0% |
| Financial charges | 65/66B | €352 | €1,055 | +€702 | +199% |
| Recurring financial charges | 65 | €352 | €1,055 | +€702 | +199% |
| Profit (loss) for the period before taxes | 9903 | €3,656 | -€5,944 | -€9,601 | |
| Income taxes | 67/77 | €332 | €108 | -€225 | -67.6% |
| Profit (loss) for the period | 9904 | €3,324 | -€6,052 | -€9,376 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,324 | -€6,052 | -€9,376 |
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 14 October 2026 via checked.be.