POOLWAL: 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.
POOLWAL
Largest movements
- Stocks and contracts -€75,843
down €75,843 (-11.7%), from €648,404 to €572,561
- Tangible fixed assets -€44,436
down €44,436 (-14.2%), from €313,521 to €269,085
of which Plant, machinery and equipment: -€36,507
- Receivables within one year +€15,431
up €15,431 (+164.7%), from €9,370 to €24,802
of which Other amounts receivable: +€14,831
- Profit (loss) carried forward -€165,300
down €165,300 (-37.2%), from -€444,101 to -€609,401
- Trade debts +€55,573
up €55,573 (+102.2%), from €54,388 to €109,961
- Debts after one year -€40,212
down €40,212 (-3.6%), from €1.1m to €1.1m
of which Financial debts: -€140,186
- Tax, wage and social debts +€25,723
up €25,723 (+36.9%), from €69,784 to €95,507
of which Taxes: +€23,416
- Advances received +€14,005
up €14,005 (+62.5%), from €22,396 to €36,401
- Turnover +€154,288
up €154,288 (+11.4%), from €1.4m to €1.5m
- Purchases and services +€126,095
up €126,095 (+9.2%), from €1.4m to €1.5m
- Gross operating margin +€52,833
up €52,833 (+180.4%), from €29,284 to €82,117
- Staff costs +€28,903
up €28,903 (+22.3%), from €129,390 to €158,293
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 | €1,002,656 | €892,522 | -€110,134 | -11.0% |
| Formation expenses | 20 | €450 | €225 | -€225 | -50.0% |
| Fixed assets | 21/28 | €339,418 | €294,935 | -€44,483 | -13.1% |
| Intangible fixed assets | 21 | €12,347 | €7,799 | -€4,548 | -36.8% |
| Tangible fixed assets | 22/27 | €313,521 | €269,085 | -€44,436 | -14.2% |
| Plant, machinery and equipment | 23 | €288,103 | €251,596 | -€36,507 | -12.7% |
| Furniture and vehicles | 24 | €25,418 | €17,490 | -€7,929 | -31.2% |
| Financial fixed assets | 28 | €13,550 | €18,050 | +€4,500 | +33.2% |
| Current assets | 29/58 | €662,788 | €597,363 | -€65,426 | -9.9% |
| Stocks and contracts in progress | 3 | €648,404 | €572,561 | -€75,843 | -11.7% |
| Stocks | 30/36 | €648,404 | €572,561 | -€75,843 | -11.7% |
| Amounts receivable within one year | 40/41 | €9,370 | €24,802 | +€15,431 | +164.7% |
| Trade receivables | 40 | €9,274 | €9,874 | +€600 | +6.5% |
| Other amounts receivable | 41 | €96 | €14,927 | +€14,831 | +15459.0% |
| Cash at bank and in hand | 54/58 | €4,844 | - | -€4,844 | |
| Deferred charges and accrued income | 490/1 | €170 | - | -€170 | |
| Total equity and liabilities | 10/49 | €1,002,656 | €892,522 | -€110,134 | -11.0% |
| Equity | 10/15 | -€429,101 | -€594,401 | -€165,300 | -38.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Outside capital | 11 | €15,000 | €15,000 | = | 0.0% |
| Other | 1109/19 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€444,101 | -€609,401 | -€165,300 | -37.2% |
| Amounts payable | 17/49 | €1,431,758 | €1,486,924 | +€55,166 | +3.9% |
| Amounts payable after more than one year | 17 | €1,125,947 | €1,085,735 | -€40,212 | -3.6% |
| Financial debts | 170/4 | €625,947 | €485,761 | -€140,186 | -22.4% |
| Other amounts payable | 178/9 | €500,000 | €599,974 | +€99,974 | +20.0% |
| Amounts payable within one year | 42/48 | €305,810 | €400,599 | +€94,789 | +31.0% |
| Current portion of amounts payable after more than one year | 42 | €135,738 | €140,186 | +€4,448 | +3.3% |
| Financial debts | 43 | €10,395 | €5,435 | -€4,960 | -47.7% |
| Credit institutions | 430/8 | €10,395 | €5,435 | -€4,960 | -47.7% |
| Trade debts | 44 | €54,388 | €109,961 | +€55,573 | +102.2% |
| Suppliers | 440/4 | €54,388 | €109,961 | +€55,573 | +102.2% |
| Advances received on contracts in progress | 46 | €22,396 | €36,401 | +€14,005 | +62.5% |
| Taxes, remuneration and social security | 45 | €69,784 | €95,507 | +€25,723 | +36.9% |
| Taxes | 450/3 | €38,394 | €61,810 | +€23,416 | +61.0% |
| Remuneration and social security | 454/9 | €31,390 | €33,697 | +€2,307 | +7.3% |
| Other amounts payable | 47/48 | €13,110 | €13,110 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €590 | +€590 | |
| Turnover | 70 | €1,353,952 | €1,508,240 | +€154,288 | +11.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,365,286 | €1,491,381 | +€126,095 | +9.2% |
| Remuneration, social security and pensions | 62 | €129,390 | €158,293 | +€28,903 | +22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,026 | €49,208 | -€818 | -1.6% |
| Other operating charges | 640/8 | €20,629 | €17,400 | -€3,228 | -15.7% |
| Non-recurring operating charges | 66A | - | €2,028 | +€2,028 | |
| Gross operating margin | 9900 | €29,284 | €82,117 | +€52,833 | +180.4% |
| Operating profit (loss) | 9901 | -€170,761 | -€144,813 | +€25,948 | +15.2% |
| Financial income | 75/76B | €23,263 | €9,871 | -€13,391 | -57.6% |
| Recurring financial income | 75 | €23,263 | €9,871 | -€13,391 | -57.6% |
| Financial charges | 65/66B | €34,519 | €30,358 | -€4,161 | -12.1% |
| Recurring financial charges | 65 | €34,519 | €30,358 | -€4,161 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€182,018 | -€165,300 | +€16,718 | +9.2% |
| Profit (loss) for the period | 9904 | -€182,018 | -€165,300 | +€16,718 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€182,018 | -€165,300 | +€16,718 | +9.2% |
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.