POORTSERVICE MARCEL: what changed
What changed
POORTSERVICE MARCEL
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
filed annual accounts (NBB)
Net result for the year
€210,813
2025 · €196,604+€14,209
Equity
€921,885
2025 · €923,188-€1,303
Cash
€631,003
2025 · €701,330-€70,327
Balance sheet total
€1.3m
2025 · €1.3m+€14,477
Largest movements
Assets
- Stocks and contracts +€102,413
up €102,413 (+99.4%), from €103,013 to €205,426
- Cash -€70,327
down €70,327 (-10.0%), from €701,330 to €631,003
mainly Contributions, distributions and other (-€212,116) and Stocks and contracts (-€102,413)
- Tangible fixed assets -€22,045
down €22,045 (-10.4%), from €212,965 to €190,920
of which Furniture and vehicles: -€18,423
Equity and liabilities
- Trade debts +€27,185
up €27,185 (+28.7%), from €94,864 to €122,049
- Debts after one year -€24,435
down €24,435 (-19.3%), from €126,666 to €102,231
Income statement
- Depreciation -€49,144
down €49,144 (-44.7%), from €109,871 to €60,727
- Gross operating margin +€40,966
up €40,966 (+4.2%), from €975,098 to €1.0m
- Staff costs +€36,697
up €36,697 (+6.4%), from €569,862 to €606,559
- Write-downs +€18,174
new in 2026: €18,174
- Financial income -€12,136
down €12,136 (-88.2%), from €13,763 to €1,627
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€196,604
Gross operating margin
+€40,966
Staff costs
-€36,697
Depreciation
+€49,144
Write-downs
-€18,174
Other operating charges
-€548
Financial income
-€12,136
Financial charges
+€1,455
Taxes
-€9,800
Result 2026
€210,813
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€196,712
Investment
-€38,682
Financing
-€228,357
Cash 2025
€701,330
From operations (derived)
+€196,712
Net result for the year
+€210,813
Depreciation
+€60,727
Stocks and contracts
-€102,413
Receivables within one year
-€10,707
Deferred charges and accrued income
+€6,270
Trade debts
+€27,185
Tax, wage and social debts
+€4,836
Investment (derived)
-€38,682
Investment in fixed assets (net)
-€38,682
Financing
-€228,357
Debts after one year
-€24,435
Current portion of long-term debt
+€8,194
Contributions, distributions and other
-€212,116
Cash 2026
€631,003
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,255,797 | €1,270,274 | +€14,477 | +1.2% |
| Fixed assets | 21/28 | €212,965 | €190,920 | -€22,045 | -10.4% |
| Tangible fixed assets | 22/27 | €212,965 | €190,920 | -€22,045 | -10.4% |
| Plant, machinery and equipment | 23 | €3,246 | €2,647 | -€599 | -18.5% |
| Furniture and vehicles | 24 | €198,584 | €180,161 | -€18,423 | -9.3% |
| Other tangible fixed assets | 26 | €11,134 | €8,111 | -€3,023 | -27.1% |
| Current assets | 29/58 | €1,042,832 | €1,079,354 | +€36,522 | +3.5% |
| Stocks and contracts in progress | 3 | €103,013 | €205,426 | +€102,413 | +99.4% |
| Stocks | 30/36 | €103,013 | €205,426 | +€102,413 | +99.4% |
| Amounts receivable within one year | 40/41 | €226,861 | €237,568 | +€10,707 | +4.7% |
| Trade receivables | 40 | €187,405 | €185,392 | -€2,013 | -1.1% |
| Other amounts receivable | 41 | €39,456 | €52,176 | +€12,720 | +32.2% |
| Cash at bank and in hand | 54/58 | €701,330 | €631,003 | -€70,327 | -10.0% |
| Deferred charges and accrued income | 490/1 | €11,628 | €5,357 | -€6,270 | -53.9% |
| Total equity and liabilities | 10/49 | €1,255,797 | €1,270,274 | +€14,477 | +1.2% |
| Equity | 10/15 | €923,188 | €921,885 | -€1,303 | -0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €904,596 | €903,293 | -€1,303 | -0.1% |
| Distributable reserves | 133 | €904,596 | €903,293 | -€1,303 | -0.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €332,609 | €348,389 | +€15,780 | +4.7% |
| Amounts payable after more than one year | 17 | €126,666 | €102,231 | -€24,435 | -19.3% |
| Financial debts | 170/4 | €126,666 | €102,231 | -€24,435 | -19.3% |
| Amounts payable within one year | 42/48 | €205,943 | €246,159 | +€40,215 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €47,527 | €55,721 | +€8,194 | +17.2% |
| Trade debts | 44 | €94,864 | €122,049 | +€27,185 | +28.7% |
| Suppliers | 440/4 | €94,864 | €122,049 | +€27,185 | +28.7% |
| Taxes, remuneration and social security | 45 | €63,553 | €68,389 | +€4,836 | +7.6% |
| Taxes | 450/3 | €6,202 | €8,628 | +€2,426 | +39.1% |
| Remuneration and social security | 454/9 | €57,351 | €59,761 | +€2,411 | +4.2% |
| Non-recurring operating income | 76A | €9,983 | €3,000 | -€6,983 | -69.9% |
| Remuneration, social security and pensions | 62 | €569,862 | €606,559 | +€36,697 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,871 | €60,727 | -€49,144 | -44.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,174 | +€18,174 | |
| Other operating charges | 640/8 | €10,602 | €11,150 | +€548 | +5.2% |
| Gross operating margin | 9900 | €975,098 | €1,016,064 | +€40,966 | +4.2% |
| Operating profit (loss) | 9901 | €284,763 | €319,453 | +€34,690 | +12.2% |
| Financial income | 75/76B | €13,763 | €1,627 | -€12,136 | -88.2% |
| Recurring financial income | 75 | €13,763 | €1,627 | -€12,136 | -88.2% |
| Financial charges | 65/66B | €10,324 | €8,869 | -€1,455 | -14.1% |
| Recurring financial charges | 65 | €10,324 | €8,869 | -€1,455 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €288,202 | €312,211 | +€24,009 | +8.3% |
| Income taxes | 67/77 | €91,598 | €101,398 | +€9,800 | +10.7% |
| Profit (loss) for the period | 9904 | €196,604 | €210,813 | +€14,209 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €196,604 | €210,813 | +€14,209 | +7.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.