POP RENOVATIONS: 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 RENOVATIONS
Largest movements
- Receivables within one year +€228,008
up €228,008 (+211%), from €107,916 to €335,923
of which Trade receivables: +€215,051
- Cash -€7,959
down €7,959 (-81.9%), from €9,723 to €1,764
mainly Receivables within one year (-€228,008) and Contributions, distributions and other (-€15,000)
- Trade debts +€204,916
up €204,916 (+195%), from €104,956 to €309,872
- Tax, wage and social debts +€9,815
new in 2024: €9,815
- Gross operating margin +€9,387
up €9,387 (+51.4%), from €18,258 to €27,645
- Taxes +€4,729
new in 2024: €4,729
- Depreciation +€1,452
up €1,452 (+338%), from €429 to €1,881
- Other operating charges +€782
up €782 (+76.2%), from €1,027 to €1,810
- Staff costs -€447
down €447 (-34.8%), from €1,284 to €837
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.
Derived cash bridge
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 | €122,949 | €341,117 | +€218,168 | +177% |
| Fixed assets | 21/28 | €5,311 | €3,430 | -€1,881 | -35.4% |
| Tangible fixed assets | 22/27 | €5,213 | €3,332 | -€1,881 | -36.1% |
| Plant, machinery and equipment | 23 | €5,213 | €3,332 | -€1,881 | -36.1% |
| Financial fixed assets | 28 | €98 | €98 | = | 0.0% |
| Current assets | 29/58 | €117,638 | €337,687 | +€220,049 | +187% |
| Amounts receivable within one year | 40/41 | €107,916 | €335,923 | +€228,008 | +211% |
| Trade receivables | 40 | €105,168 | €320,219 | +€215,051 | +204% |
| Other amounts receivable | 41 | €2,747 | €15,704 | +€12,957 | +472% |
| Cash at bank and in hand | 54/58 | €9,723 | €1,764 | -€7,959 | -81.9% |
| Total equity and liabilities | 10/49 | €122,949 | €341,117 | +€218,168 | +177% |
| Equity | 10/15 | €17,993 | €21,230 | +€3,237 | +18.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,493 | €18,730 | +€3,237 | +20.9% |
| Amounts payable | 17/49 | €104,956 | €319,888 | +€214,931 | +205% |
| Amounts payable within one year | 42/48 | €104,956 | €319,688 | +€214,731 | +205% |
| Trade debts | 44 | €104,956 | €309,872 | +€204,916 | +195% |
| Suppliers | 440/4 | €104,956 | €309,872 | +€204,916 | +195% |
| Taxes, remuneration and social security | 45 | - | €9,815 | +€9,815 | |
| Taxes | 450/3 | - | €9,815 | +€9,815 | |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Remuneration, social security and pensions | 62 | €1,284 | €837 | -€447 | -34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €429 | €1,881 | +€1,452 | +338% |
| Other operating charges | 640/8 | €1,027 | €1,810 | +€782 | +76.2% |
| Gross operating margin | 9900 | €18,258 | €27,645 | +€9,387 | +51.4% |
| Operating profit (loss) | 9901 | €15,518 | €23,118 | +€7,600 | +49.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €26 | €153 | +€128 | +500% |
| Recurring financial charges | 65 | €26 | €153 | +€128 | +500% |
| Profit (loss) for the period before taxes | 9903 | €15,493 | €22,966 | +€7,473 | +48.2% |
| Income taxes | 67/77 | - | €4,729 | +€4,729 | |
| Profit (loss) for the period | 9904 | €15,493 | €18,237 | +€2,744 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,493 | €18,237 | +€2,744 | +17.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.