POPESTI: 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.
POPESTI
Largest movements
- Cash -€18,663
down €18,663 (-81.5%), from €22,897 to €4,234
mainly Net result for the year (-€34,038) and Stocks and contracts (-€1,950)
- Tangible fixed assets -€8,666
down €8,666 (-90.8%), from €9,547 to €881
- Stocks and contracts +€1,950
up €1,950 (+94.4%), from €2,065 to €4,015
- Profit (loss) carried forward -€34,038
down €34,038, from €9,018 to -€25,020
- Tax, wage and social debts +€6,916
up €6,916 (+191%), from €3,618 to €10,534
of which Remuneration and social security: +€7,318
- Other debts +€2,113
up €2,113 (+93.4%), from €2,264 to €4,377
- Current portion of long-term debt -€1,860
down €1,860 (-58.9%), from €3,155 to €1,296
- Trade debts +€1,490
up €1,490 (+10.7%), from €13,901 to €15,391
- Gross operating margin -€4,974
down €4,974 (-35.4%), from -€14,056 to -€19,030
- Other operating charges +€650
up €650 (+13.0%), from €4,983 to €5,633
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 | €38,156 | €12,777 | -€25,379 | -66.5% |
| Fixed assets | 21/28 | €9,547 | €881 | -€8,666 | -90.8% |
| Tangible fixed assets | 22/27 | €9,547 | €881 | -€8,666 | -90.8% |
| Furniture and vehicles | 24 | €9,547 | €881 | -€8,666 | -90.8% |
| Current assets | 29/58 | €28,609 | €11,896 | -€16,713 | -58.4% |
| Stocks and contracts in progress | 3 | €2,065 | €4,015 | +€1,950 | +94.4% |
| Stocks | 30/36 | €2,065 | €4,015 | +€1,950 | +94.4% |
| Amounts receivable within one year | 40/41 | €3,648 | €3,648 | = | 0.0% |
| Other amounts receivable | 41 | €3,648 | €3,648 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,897 | €4,234 | -€18,663 | -81.5% |
| Total equity and liabilities | 10/49 | €38,156 | €12,777 | -€25,379 | -66.5% |
| Equity | 10/15 | €15,218 | -€18,820 | -€34,038 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,018 | -€25,020 | -€34,038 | |
| Amounts payable | 17/49 | €22,938 | €31,597 | +€8,660 | +37.8% |
| Amounts payable within one year | 42/48 | €22,938 | €31,597 | +€8,660 | +37.8% |
| Current portion of amounts payable after more than one year | 42 | €3,155 | €1,296 | -€1,860 | -58.9% |
| Trade debts | 44 | €13,901 | €15,391 | +€1,490 | +10.7% |
| Suppliers | 440/4 | €13,901 | €15,391 | +€1,490 | +10.7% |
| Taxes, remuneration and social security | 45 | €3,618 | €10,534 | +€6,916 | +191% |
| Taxes | 450/3 | €1,418 | €1,016 | -€402 | -28.3% |
| Remuneration and social security | 454/9 | €2,200 | €9,518 | +€7,318 | +333% |
| Other amounts payable | 47/48 | €2,264 | €4,377 | +€2,113 | +93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,666 | €8,666 | = | 0.0% |
| Other operating charges | 640/8 | €4,983 | €5,633 | +€650 | +13.0% |
| Gross operating margin | 9900 | -€14,056 | -€19,030 | -€4,974 | -35.4% |
| Operating profit (loss) | 9901 | -€27,705 | -€33,329 | -€5,624 | -20.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.0% |
| Financial charges | 65/66B | €338 | €437 | +€99 | +29.4% |
| Recurring financial charges | 65 | €338 | €437 | +€99 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,043 | -€33,766 | -€5,724 | -20.4% |
| Income taxes | 67/77 | €259 | €272 | +€13 | +5.1% |
| Profit (loss) for the period | 9904 | -€28,302 | -€34,038 | -€5,737 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,302 | -€34,038 | -€5,737 | -20.3% |
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.