POOL & SPA DESIGN: 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 & SPA DESIGN
Largest movements
- Financial fixed assets -€300,000
no longer reported in 2025 (was €300,000)
- Tangible fixed assets +€205,497
up €205,497 (+713.8%), from €28,791 to €234,288
of which Land and buildings: +€213,914
- Stocks and contracts +€25,000
up €25,000 (+8.3%), from €302,500 to €327,500
- Receivables within one year +€18,944
up €18,944 (+17.0%), from €111,164 to €130,108
of which Other amounts receivable: +€40,599
- Cash +€12,540
up €12,540 (+32160.9%), from €39 to €12,579
mainly Trade debts (+€98,510) and Investment in fixed assets (net) (+€72,892)
- Trade debts +€98,510
up €98,510 (+737.8%), from €13,352 to €111,862
- Tax, wage and social debts -€52,015
down €52,015 (-58.2%), from €89,352 to €37,337
of which Taxes: -€49,280
- Debts after one year -€40,480
down €40,480 (-31.2%), from €129,880 to €89,400
- Advances received -€29,104
no longer reported in 2025 (was €29,104)
- Other debts -€24,661
down €24,661 (-8.5%), from €289,692 to €265,031
- Gross operating margin -€77,365
down €77,365 (-25.8%), from €300,370 to €223,005
- Taxes -€16,849
down €16,849 (-73.0%), from €23,084 to €6,235
- Other operating charges +€15,490
up €15,490 (+800.4%), from €1,935 to €17,426
- Depreciation +€10,468
up €10,468 (+94.0%), from €11,142 to €21,610
- Staff costs -€6,754
down €6,754 (-4.0%), from €166,795 to €160,041
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 | €742,494 | €704,475 | -€38,019 | -5.1% |
| Fixed assets | 21/28 | €328,791 | €234,288 | -€94,503 | -28.7% |
| Tangible fixed assets | 22/27 | €28,791 | €234,288 | +€205,497 | +713.8% |
| Land and buildings | 22 | - | €213,914 | +€213,914 | |
| Plant, machinery and equipment | 23 | €2,827 | €4,874 | +€2,047 | +72.4% |
| Furniture and vehicles | 24 | €1,447 | €1,107 | -€340 | -23.5% |
| Leasing and similar rights | 25 | €4,905 | €1,635 | -€3,270 | -66.7% |
| Other tangible fixed assets | 26 | €19,611 | €12,759 | -€6,852 | -34.9% |
| Financial fixed assets | 28 | €300,000 | - | -€300,000 | |
| Current assets | 29/58 | €413,703 | €470,187 | +€56,484 | +13.7% |
| Stocks and contracts in progress | 3 | €302,500 | €327,500 | +€25,000 | +8.3% |
| Stocks | 30/36 | €302,500 | €327,500 | +€25,000 | +8.3% |
| Amounts receivable within one year | 40/41 | €111,164 | €130,108 | +€18,944 | +17.0% |
| Trade receivables | 40 | €23,824 | €2,169 | -€21,655 | -90.9% |
| Other amounts receivable | 41 | €87,341 | €127,939 | +€40,599 | +46.5% |
| Cash at bank and in hand | 54/58 | €39 | €12,579 | +€12,540 | +32160.9% |
| Total equity and liabilities | 10/49 | €742,494 | €704,475 | -€38,019 | -5.1% |
| Equity | 10/15 | €153,173 | €167,864 | +€14,691 | +9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €134,360 | €147,000 | +€12,640 | +9.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €132,500 | €147,000 | +€14,500 | +10.9% |
| Profit (loss) carried forward | 14 | €213 | €2,264 | +€2,051 | +962.6% |
| Amounts payable | 17/49 | €589,321 | €536,611 | -€52,710 | -8.9% |
| Amounts payable after more than one year | 17 | €129,880 | €89,400 | -€40,480 | -31.2% |
| Financial debts | 170/4 | €129,880 | €89,400 | -€40,480 | -31.2% |
| Amounts payable within one year | 42/48 | €459,441 | €447,211 | -€12,230 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €37,940 | €32,980 | -€4,960 | -13.1% |
| Trade debts | 44 | €13,352 | €111,862 | +€98,510 | +737.8% |
| Suppliers | 440/4 | €13,352 | €111,862 | +€98,510 | +737.8% |
| Advances received on contracts in progress | 46 | €29,104 | - | -€29,104 | |
| Taxes, remuneration and social security | 45 | €89,352 | €37,337 | -€52,015 | -58.2% |
| Taxes | 450/3 | €82,297 | €33,016 | -€49,280 | -59.9% |
| Remuneration and social security | 454/9 | €7,056 | €4,321 | -€2,735 | -38.8% |
| Other amounts payable | 47/48 | €289,692 | €265,031 | -€24,661 | -8.5% |
| Remuneration, social security and pensions | 62 | €166,795 | €160,041 | -€6,754 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,142 | €21,610 | +€10,468 | +94.0% |
| Other operating charges | 640/8 | €1,935 | €17,426 | +€15,490 | +800.4% |
| Gross operating margin | 9900 | €300,370 | €223,005 | -€77,365 | -25.8% |
| Operating profit (loss) | 9901 | €120,497 | €23,928 | -€96,569 | -80.1% |
| Financial income | 75/76B | - | €1,341 | +€1,341 | |
| Recurring financial income | 75 | - | €1,341 | +€1,341 | |
| Financial charges | 65/66B | €7,234 | €3,509 | -€3,725 | -51.5% |
| Recurring financial charges | 65 | €7,234 | €3,509 | -€3,725 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €113,263 | €21,760 | -€91,504 | -80.8% |
| Income taxes | 67/77 | €23,084 | €6,235 | -€16,849 | -73.0% |
| Profit (loss) for the period | 9904 | €90,179 | €15,524 | -€74,655 | -82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €90,179 | €15,524 | -€74,655 | -82.8% |
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.