POORT EXPERT: what changed
POORT EXPERT
Largest movements
- Cash +€54,370
up €54,370 (+151%), from €36,019 to €90,389
mainly Other debts (+€58,835) and Investment in fixed assets (net) (+€49,666)
- Tangible fixed assets -€50,224
down €50,224 (-96.1%), from €52,272 to €2,049
- Receivables within one year +€45,777
up €45,777 (+173%), from €26,535 to €72,312
of which Trade receivables: +€56,219
- Stocks and contracts -€3,338
down €3,338 (-2.4%), from €138,351 to €135,013
of which Stocks: -€3,338
- Other debts +€58,835
up €58,835 (+425%), from €13,852 to €72,687
- Trade debts -€56,811
down €56,811 (-83.9%), from €67,682 to €10,871
- Reserves +€35,240
up €35,240 (+25.4%), from €138,850 to €174,090
- Tax, wage and social debts +€9,346
up €9,346 (+282%), from €3,317 to €12,663
of which Taxes: +€9,574
- Gross operating margin +€37,759
up €37,759 (+81.3%), from €46,445 to €84,204
- Taxes +€11,485
up €11,485 (+142%), from €8,089 to €19,574
- Depreciation -€2,376
down €2,376 (-81.0%), from €2,934 to €558
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €256,173 | €300,371 | +€44,198 | +17.3% |
| Fixed assets | 21/28 | €52,272 | €2,049 | -€50,224 | -96.1% |
| Tangible fixed assets | 22/27 | €52,272 | €2,049 | -€50,224 | -96.1% |
| Furniture and vehicles | 24 | €52,272 | €2,049 | -€50,224 | -96.1% |
| Current assets | 29/58 | €203,901 | €298,322 | +€94,422 | +46.3% |
| Stocks and contracts in progress | 3 | €138,351 | €135,013 | -€3,338 | -2.4% |
| Stocks | 30/36 | €138,351 | €135,013 | -€3,338 | -2.4% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €26,535 | €72,312 | +€45,777 | +173% |
| Trade receivables | 40 | €14,729 | €70,948 | +€56,219 | +382% |
| Other amounts receivable | 41 | €11,806 | €1,364 | -€10,442 | -88.4% |
| Cash at bank and in hand | 54/58 | €36,019 | €90,389 | +€54,370 | +151% |
| Deferred charges and accrued income | 490/1 | €2,995 | €608 | -€2,387 | -79.7% |
| Total equity and liabilities | 10/49 | €256,173 | €300,371 | +€44,198 | +17.3% |
| Equity | 10/15 | €164,403 | €199,653 | +€35,250 | +21.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €138,850 | €174,090 | +€35,240 | +25.4% |
| Distributable reserves | 133 | €138,850 | €174,090 | +€35,240 | +25.4% |
| Profit (loss) carried forward | 14 | €553 | €563 | +€10 | +1.7% |
| Amounts payable | 17/49 | €91,770 | €100,718 | +€8,948 | +9.8% |
| Amounts payable after more than one year | 17 | €4,497 | €1,969 | -€2,528 | -56.2% |
| Financial debts | 170/4 | €4,497 | €1,969 | -€2,528 | -56.2% |
| Amounts payable within one year | 42/48 | €87,273 | €98,749 | +€11,477 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €2,422 | €2,528 | +€107 | +4.4% |
| Trade debts | 44 | €67,682 | €10,871 | -€56,811 | -83.9% |
| Suppliers | 440/4 | €67,682 | €10,871 | -€56,811 | -83.9% |
| Taxes, remuneration and social security | 45 | €3,317 | €12,663 | +€9,346 | +282% |
| Taxes | 450/3 | €3,089 | €12,663 | +€9,574 | +310% |
| Remuneration and social security | 454/9 | €228 | €0 | -€228 | -100% |
| Other amounts payable | 47/48 | €13,852 | €72,687 | +€58,835 | +425% |
| Remuneration, social security and pensions | 62 | €11,447 | €11,184 | -€264 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,934 | €558 | -€2,376 | -81.0% |
| Other operating charges | 640/8 | €5,580 | €6,152 | +€572 | +10.3% |
| Non-recurring operating charges | 66A | - | €10,823 | +€10,823 | |
| Gross operating margin | 9900 | €46,445 | €84,204 | +€37,759 | +81.3% |
| Operating profit (loss) | 9901 | €26,484 | €55,487 | +€29,004 | +110% |
| Financial charges | 65/66B | €544 | €664 | +€121 | +22.2% |
| Recurring financial charges | 65 | €544 | €664 | +€121 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €25,940 | €54,823 | +€28,883 | +111% |
| Income taxes | 67/77 | €8,089 | €19,574 | +€11,485 | +142% |
| Profit (loss) for the period | 9904 | €17,851 | €35,250 | +€17,398 | +97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,851 | €35,250 | +€17,398 | +97.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.