POONAM GEMS: 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.
POONAM GEMS
Largest movements
- Receivables within one year -€1.6m
down €1.6m (-58.3%), from €2.7m to €1.1m
of which Trade receivables: -€1.6m
- Cash +€1.3m
up €1.3m (+75.6%), from €1.8m to €3.1m
mainly Receivables within one year (+€1.6m) and Stocks and contracts (+€528,860)
- Stocks and contracts -€528,860
down €528,860 (-23.6%), from €2.2m to €1.7m
- Profit (loss) carried forward -€411,252
new in 2025: -€411,252
- Trade debts -€383,201
down €383,201 (-70.5%), from €543,585 to €160,384
- Gross operating margin -€791,874
down €791,874, from €415,778 to -€376,096
- Financial income +€55,843
up €55,843 (+574%), from €9,729 to €65,572
- Staff costs -€34,161
down €34,161 (-98.8%), from €34,569 to €408
- Taxes +€28,727
up €28,727 (+230%), from €12,503 to €41,229
- Depreciation +€15,158
up €15,158 (+45.7%), from €33,167 to €48,326
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 | €7,156,395 | €6,335,402 | -€820,993 | -11.5% |
| Fixed assets | 21/28 | €386,427 | €338,101 | -€48,326 | -12.5% |
| Tangible fixed assets | 22/27 | €386,227 | €337,901 | -€48,326 | -12.5% |
| Land and buildings | 22 | €132,773 | €129,509 | -€3,263 | -2.5% |
| Plant, machinery and equipment | 23 | €136,679 | €117,434 | -€19,244 | -14.1% |
| Furniture and vehicles | 24 | €116,776 | €90,958 | -€25,818 | -22.1% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €6,769,967 | €5,997,301 | -€772,667 | -11.4% |
| Stocks and contracts in progress | 3 | €2,241,971 | €1,713,111 | -€528,860 | -23.6% |
| Stocks | 30/36 | €2,241,971 | €1,713,111 | -€528,860 | -23.6% |
| Amounts receivable within one year | 40/41 | €2,742,384 | €1,143,128 | -€1.6m | -58.3% |
| Trade receivables | 40 | €2,719,932 | €1,114,471 | -€1.6m | -59.0% |
| Other amounts receivable | 41 | €22,452 | €28,657 | +€6,205 | +27.6% |
| Cash at bank and in hand | 54/58 | €1,777,523 | €3,121,140 | +€1.3m | +75.6% |
| Deferred charges and accrued income | 490/1 | €8,089 | €19,921 | +€11,832 | +146% |
| Total equity and liabilities | 10/49 | €7,156,395 | €6,335,402 | -€820,993 | -11.5% |
| Equity | 10/15 | €6,290,035 | €5,878,783 | -€411,252 | -6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,271,435 | €6,271,435 | = | 0.0% |
| Distributable reserves | 133 | €6,271,435 | €6,271,435 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€411,252 | -€411,252 | |
| Amounts payable | 17/49 | €866,360 | €456,619 | -€409,741 | -47.3% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €766,169 | €353,218 | -€412,950 | -53.9% |
| Trade debts | 44 | €543,585 | €160,384 | -€383,201 | -70.5% |
| Suppliers | 440/4 | €543,585 | €160,384 | -€383,201 | -70.5% |
| Taxes, remuneration and social security | 45 | €9,629 | €4,546 | -€5,083 | -52.8% |
| Taxes | 450/3 | €7,062 | €4,546 | -€2,516 | -35.6% |
| Remuneration and social security | 454/9 | €2,568 | - | -€2,568 | |
| Other amounts payable | 47/48 | €212,955 | €188,288 | -€24,667 | -11.6% |
| Accrued charges and deferred income | 492/3 | €191 | €3,401 | +€3,210 | +1,681% |
| Non-recurring operating income | 76A | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | €34,569 | €408 | -€34,161 | -98.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,167 | €48,326 | +€15,158 | +45.7% |
| Other operating charges | 640/8 | €4,004 | €4,381 | +€376 | +9.4% |
| Gross operating margin | 9900 | €415,778 | -€376,096 | -€791,874 | |
| Operating profit (loss) | 9901 | €344,037 | -€429,210 | -€773,247 | |
| Financial income | 75/76B | €9,729 | €65,572 | +€55,843 | +574% |
| Recurring financial income | 75 | €9,729 | €65,572 | +€55,843 | +574% |
| Financial charges | 65/66B | €9,650 | €6,384 | -€3,266 | -33.8% |
| Recurring financial charges | 65 | €9,650 | €6,384 | -€3,266 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €344,116 | -€370,023 | -€714,138 | |
| Income taxes | 67/77 | €12,503 | €41,229 | +€28,727 | +230% |
| Profit (loss) for the period | 9904 | €331,613 | -€411,252 | -€742,865 | |
| Profit (loss) for the period to be appropriated | 9905 | €331,613 | -€411,252 | -€742,865 |
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 28 October 2026 via checked.be.