POOT DAVID: 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.
POOT DAVID
Largest movements
- Current investments +€125,000
up €125,000 (+33.8%), from €370,000 to €495,000
- Cash -€112,730
down €112,730 (-17.1%), from €659,672 to €546,943
mainly Current investments (-€125,000) and Contributions, distributions and other (-€80,710)
- Tangible fixed assets -€112,382
down €112,382 (-35.7%), from €314,810 to €202,428
of which Land and buildings: -€103,923
- Debts after one year -€61,971
down €61,971 (-96.1%), from €64,461 to €2,490
of which Financial debts: -€61,971
- Tax, wage and social debts -€58,182
down €58,182 (-75.9%), from €76,649 to €18,467
- Reserves +€23,520
up €23,520 (+2.0%), from €1.2m to €1.2m
of which Distributable reserves: +€23,520
- Financial income +€20,439
up €20,439 (+1112.8%), from €1,837 to €22,276
- Gross operating margin -€14,014
down €14,014 (-9.2%), from €152,260 to €138,246
- Depreciation -€12,767
down €12,767 (-58.9%), from €21,687 to €8,919
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,363,912 | €1,263,021 | -€100,891 | -7.4% |
| Fixed assets | 21/28 | €314,810 | €202,428 | -€112,382 | -35.7% |
| Tangible fixed assets | 22/27 | €314,810 | €202,428 | -€112,382 | -35.7% |
| Land and buildings | 22 | €306,350 | €202,428 | -€103,923 | -33.9% |
| Plant, machinery and equipment | 23 | €1,513 | - | -€1,513 | |
| Furniture and vehicles | 24 | €1,066 | - | -€1,066 | |
| Other tangible fixed assets | 26 | €5,881 | - | -€5,881 | |
| Current assets | 29/58 | €1,049,102 | €1,060,593 | +€11,491 | +1.1% |
| Amounts receivable within one year | 40/41 | €18,350 | €17,650 | -€700 | -3.8% |
| Trade receivables | 40 | €17,036 | €17,013 | -€23 | -0.1% |
| Other amounts receivable | 41 | €1,314 | €637 | -€677 | -51.5% |
| Current investments | 50/53 | €370,000 | €495,000 | +€125,000 | +33.8% |
| Cash at bank and in hand | 54/58 | €659,672 | €546,943 | -€112,730 | -17.1% |
| Deferred charges and accrued income | 490/1 | €1,079 | €1,000 | -€79 | -7.3% |
| Total equity and liabilities | 10/49 | €1,363,912 | €1,263,021 | -€100,891 | -7.4% |
| Equity | 10/15 | €1,206,337 | €1,229,857 | +€23,520 | +1.9% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,187,587 | €1,211,107 | +€23,520 | +2.0% |
| Tax-exempt reserves | 132 | €80 | €80 | = | 0.0% |
| Distributable reserves | 133 | €1,187,508 | €1,211,028 | +€23,520 | +2.0% |
| Amounts payable | 17/49 | €157,574 | €33,163 | -€124,411 | -79.0% |
| Amounts payable after more than one year | 17 | €64,461 | €2,490 | -€61,971 | -96.1% |
| Financial debts | 170/4 | €61,971 | - | -€61,971 | |
| Other amounts payable | 178/9 | €2,490 | €2,490 | = | 0.0% |
| Amounts payable within one year | 42/48 | €93,113 | €30,673 | -€62,440 | -67.1% |
| Current portion of amounts payable after more than one year | 42 | €10,231 | €8,847 | -€1,384 | -13.5% |
| Financial debts | 43 | €1,951 | €419 | -€1,532 | -78.5% |
| Credit institutions | 430/8 | €1,951 | €419 | -€1,532 | -78.5% |
| Trade debts | 44 | €2,557 | €1,215 | -€1,342 | -52.5% |
| Suppliers | 440/4 | €2,557 | €1,215 | -€1,342 | -52.5% |
| Taxes, remuneration and social security | 45 | €76,649 | €18,467 | -€58,182 | -75.9% |
| Taxes | 450/3 | €76,649 | €18,467 | -€58,182 | -75.9% |
| Other amounts payable | 47/48 | €1,725 | €1,725 | = | 0.0% |
| Non-recurring operating income | 76A | - | €74,447 | +€74,447 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,687 | €8,919 | -€12,767 | -58.9% |
| Other operating charges | 640/8 | €3,491 | €4,750 | +€1,259 | +36.1% |
| Gross operating margin | 9900 | €152,260 | €138,246 | -€14,014 | -9.2% |
| Operating profit (loss) | 9901 | €127,083 | €124,577 | -€2,506 | -2.0% |
| Financial income | 75/76B | €1,837 | €22,276 | +€20,439 | +1112.8% |
| Recurring financial income | 75 | €1,837 | €22,276 | +€20,439 | +1112.8% |
| Financial charges | 65/66B | €4,152 | €4,802 | +€650 | +15.7% |
| Recurring financial charges | 65 | €4,152 | €4,802 | +€650 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €124,768 | €142,050 | +€17,283 | +13.9% |
| Income taxes | 67/77 | €38,074 | €37,821 | -€253 | -0.7% |
| Profit (loss) for the period | 9904 | €86,694 | €104,229 | +€17,535 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €86,694 | €104,229 | +€17,535 | +20.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.