POP POT: 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.
POP POT
Largest movements
- Tangible fixed assets +€224,957
up €224,957 (+770%), from €29,210 to €254,167
of which Plant, machinery and equipment: +€224,493
- Cash -€19,599
down €19,599 (-24.7%), from €79,312 to €59,713
mainly Investment in fixed assets (net) (-€243,877) and Contributions, distributions and other (-€49,050)
- Deferred charges and accrued income +€9,551
up €9,551, from €0 to €9,551
- Financial fixed assets +€4,680
new in 2025: €4,680
- Debts after one year +€159,077
up €159,077 (+39,769%), from €400 to €159,477
of which Financial debts: +€159,077
- Profit (loss) carried forward -€33,905
down €33,905 (-68.9%), from €49,190 to €15,285
- Other debts +€33,873
up €33,873 (+56.2%), from €60,282 to €94,154
- Current portion of long-term debt +€26,130
new in 2025: €26,130
- Trade debts +€19,618
up €19,618 (+303%), from €6,465 to €26,082
- Staff costs +€51,197
up €51,197 (+49.1%), from €104,360 to €155,557
- Gross operating margin -€37,848
down €37,848 (-16.1%), from €234,879 to €197,031
- Taxes -€26,473
down €26,473 (-86.2%), from €30,705 to €4,232
- Depreciation +€7,557
up €7,557 (+113%), from €6,683 to €14,240
- Financial charges +€4,862
up €4,862 (+466%), from €1,043 to €5,906
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 | €144,710 | €361,161 | +€216,451 | +150% |
| Fixed assets | 21/28 | €29,210 | €258,847 | +€229,637 | +786% |
| Tangible fixed assets | 22/27 | €29,210 | €254,167 | +€224,957 | +770% |
| Plant, machinery and equipment | 23 | €28,469 | €252,962 | +€224,493 | +789% |
| Furniture and vehicles | 24 | €741 | €1,205 | +€464 | +62.6% |
| Financial fixed assets | 28 | - | €4,680 | +€4,680 | |
| Current assets | 29/58 | €115,500 | €102,315 | -€13,186 | -11.4% |
| Amounts receivable within one year | 40/41 | €36,189 | €33,051 | -€3,138 | -8.7% |
| Trade receivables | 40 | €30,002 | €2,493 | -€27,509 | -91.7% |
| Other amounts receivable | 41 | €6,187 | €30,558 | +€24,372 | +394% |
| Cash at bank and in hand | 54/58 | €79,312 | €59,713 | -€19,599 | -24.7% |
| Deferred charges and accrued income | 490/1 | €0 | €9,551 | +€9,551 | |
| Total equity and liabilities | 10/49 | €144,710 | €361,161 | +€216,451 | +150% |
| Equity | 10/15 | €58,490 | €24,585 | -€33,905 | -58.0% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,190 | €15,285 | -€33,905 | -68.9% |
| Amounts payable | 17/49 | €86,221 | €336,576 | +€250,356 | +290% |
| Amounts payable after more than one year | 17 | €400 | €159,477 | +€159,077 | +39,769% |
| Financial debts | 170/4 | - | €159,077 | +€159,077 | |
| Other amounts payable | 178/9 | €400 | €400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €85,821 | €177,100 | +€91,279 | +106% |
| Current portion of amounts payable after more than one year | 42 | - | €26,130 | +€26,130 | |
| Trade debts | 44 | €6,465 | €26,082 | +€19,618 | +303% |
| Suppliers | 440/4 | €6,465 | €26,082 | +€19,618 | +303% |
| Taxes, remuneration and social security | 45 | €19,074 | €30,733 | +€11,659 | +61.1% |
| Taxes | 450/3 | €7,799 | €11,038 | +€3,239 | +41.5% |
| Remuneration and social security | 454/9 | €11,275 | €19,694 | +€8,420 | +74.7% |
| Other amounts payable | 47/48 | €60,282 | €94,154 | +€33,873 | +56.2% |
| Remuneration, social security and pensions | 62 | €104,360 | €155,557 | +€51,197 | +49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,683 | €14,240 | +€7,557 | +113% |
| Other operating charges | 640/8 | €2,591 | €1,975 | -€616 | -23.8% |
| Gross operating margin | 9900 | €234,879 | €197,031 | -€37,848 | -16.1% |
| Operating profit (loss) | 9901 | €121,244 | €25,258 | -€95,986 | -79.2% |
| Financial income | 75/76B | €55 | €25 | -€31 | -55.2% |
| Recurring financial income | 75 | €55 | €25 | -€31 | -55.2% |
| Financial charges | 65/66B | €1,043 | €5,906 | +€4,862 | +466% |
| Recurring financial charges | 65 | €1,043 | €5,906 | +€4,862 | +466% |
| Profit (loss) for the period before taxes | 9903 | €120,257 | €19,377 | -€100,880 | -83.9% |
| Income taxes | 67/77 | €30,705 | €4,232 | -€26,473 | -86.2% |
| Profit (loss) for the period | 9904 | €89,551 | €15,145 | -€74,406 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €89,551 | €15,145 | -€74,406 | -83.1% |
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 17 October 2026 via checked.be.