POOLHOUSE II: 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.
POOLHOUSE II
Largest movements
- Current investments -€72,916
down €72,916 (-39.3%), from €185,767 to €112,852
- Cash +€52,620
up €52,620 (+348.1%), from €15,116 to €67,736
mainly Current investments (+€72,916) and Depreciation (+€38,726)
- Tangible fixed assets +€14,920
up €14,920 (+7.7%), from €194,238 to €209,158
of which Leasing and similar rights: +€25,970
- Current portion of long-term debt +€6,348
up €6,348 (+22.4%), from €28,315 to €34,662
- Tax, wage and social debts -€6,121
down €6,121 (-45.6%), from €13,423 to €7,302
of which Remuneration and social security: -€7,415
- Profit (loss) carried forward -€5,172
down €5,172, from €0 to -€5,172
- Trade debts -€4,951
down €4,951 (-43.8%), from €11,313 to €6,361
- Staff costs -€36,895
down €36,895 (-88.7%), from €41,602 to €4,707
- Gross operating margin -€36,037
down €36,037 (-38.5%), from €93,538 to €57,501
- Depreciation +€7,102
up €7,102 (+22.5%), from €31,624 to €38,726
- Financial charges -€2,167
down €2,167 (-25.2%), from €8,608 to €6,441
- Other operating charges +€1,760
up €1,760 (+18.5%), from €9,523 to €11,284
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 | €407,231 | €400,503 | -€6,728 | -1.7% |
| Fixed assets | 21/28 | €194,337 | €209,257 | +€14,920 | +7.7% |
| Tangible fixed assets | 22/27 | €194,238 | €209,158 | +€14,920 | +7.7% |
| Land and buildings | 22 | €180,794 | €172,592 | -€8,202 | -4.5% |
| Plant, machinery and equipment | 23 | €13,444 | €9,391 | -€4,052 | -30.1% |
| Furniture and vehicles | 24 | €0 | €1,205 | +€1,205 | |
| Leasing and similar rights | 25 | - | €25,970 | +€25,970 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €212,894 | €191,245 | -€21,648 | -10.2% |
| Stocks and contracts in progress | 3 | €4,219 | €3,074 | -€1,144 | -27.1% |
| Stocks | 30/36 | €4,219 | €3,074 | -€1,144 | -27.1% |
| Amounts receivable within one year | 40/41 | €3,704 | €2,115 | -€1,589 | -42.9% |
| Trade receivables | 40 | - | €2,024 | +€2,024 | |
| Other amounts receivable | 41 | €3,704 | €91 | -€3,613 | -97.5% |
| Current investments | 50/53 | €185,767 | €112,852 | -€72,916 | -39.3% |
| Cash at bank and in hand | 54/58 | €15,116 | €67,736 | +€52,620 | +348.1% |
| Deferred charges and accrued income | 490/1 | €4,088 | €5,468 | +€1,381 | +33.8% |
| Total equity and liabilities | 10/49 | €407,231 | €400,503 | -€6,728 | -1.7% |
| Equity | 10/15 | €133,455 | €128,283 | -€5,172 | -3.9% |
| Contributions | 10/11 | €73,683 | €73,683 | = | 0.0% |
| Reserves | 13 | €59,772 | €59,772 | = | 0.0% |
| Distributable reserves | 133 | €59,772 | €59,772 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€5,172 | -€5,172 | |
| Amounts payable | 17/49 | €273,776 | €272,220 | -€1,556 | -0.6% |
| Amounts payable after more than one year | 17 | €184,684 | €184,827 | +€143 | +0.1% |
| Financial debts | 170/4 | €184,684 | €184,827 | +€143 | +0.1% |
| Amounts payable within one year | 42/48 | €87,092 | €85,393 | -€1,699 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €28,315 | €34,662 | +€6,348 | +22.4% |
| Financial debts | 43 | €67 | €100 | +€33 | +49.7% |
| Credit institutions | 430/8 | €67 | €100 | +€33 | +49.7% |
| Trade debts | 44 | €11,313 | €6,361 | -€4,951 | -43.8% |
| Suppliers | 440/4 | €11,313 | €6,361 | -€4,951 | -43.8% |
| Advances received on contracts in progress | 46 | €16,755 | €16,115 | -€640 | -3.8% |
| Taxes, remuneration and social security | 45 | €13,423 | €7,302 | -€6,121 | -45.6% |
| Taxes | 450/3 | €4,255 | €5,549 | +€1,294 | +30.4% |
| Remuneration and social security | 454/9 | €9,169 | €1,753 | -€7,415 | -80.9% |
| Other amounts payable | 47/48 | €17,219 | €20,852 | +€3,633 | +21.1% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Non-recurring operating income | 76A | €12,137 | €11,970 | -€167 | -1.4% |
| Remuneration, social security and pensions | 62 | €41,602 | €4,707 | -€36,895 | -88.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,624 | €38,726 | +€7,102 | +22.5% |
| Other operating charges | 640/8 | €9,523 | €11,284 | +€1,760 | +18.5% |
| Non-recurring operating charges | 66A | - | €2,000 | +€2,000 | |
| Gross operating margin | 9900 | €93,538 | €57,501 | -€36,037 | -38.5% |
| Operating profit (loss) | 9901 | €10,789 | €784 | -€10,004 | -92.7% |
| Financial income | 75/76B | €907 | €616 | -€291 | -32.1% |
| Recurring financial income | 75 | €907 | €616 | -€291 | -32.1% |
| Financial charges | 65/66B | €8,608 | €6,441 | -€2,167 | -25.2% |
| Recurring financial charges | 65 | €8,608 | €6,441 | -€2,167 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €3,088 | -€5,041 | -€8,129 | |
| Income taxes | 67/77 | €1,372 | €131 | -€1,241 | -90.4% |
| Profit (loss) for the period | 9904 | €1,715 | -€5,172 | -€6,888 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,715 | -€5,172 | -€6,888 |
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 8 October 2026 via checked.be.