POPIC RENOV: what changed
What changed
POPIC RENOV
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
-€7,443
2024 · €7,491-€14,934
Equity
€61,529
2024 · €68,972-€7,443
Cash
€7,969
2024 · €8,914-€945
Balance sheet total
€99,745
2024 · €117,834-€18,089
Largest movements
Assets
- Receivables within one year -€79,505
down €79,505 (-73.5%), from €108,226 to €28,721
of which Other amounts receivable: -€64,845
- Receivables after one year +€62,402
new in 2025: €62,402
Equity and liabilities
- Trade debts -€10,055
down €10,055 (-28.0%), from €35,903 to €25,848
- Profit (loss) carried forward -€7,443
down €7,443 (-14.8%), from €50,412 to €42,969
Income statement
- Staff costs +€8,334
up €8,334 (+24.2%), from €34,474 to €42,808
- Gross operating margin -€4,876
down €4,876 (-11.8%), from €41,419 to €36,543
- Financial income -€4,085
no longer reported in 2025 (was €4,085)
- Taxes -€2,210
down €2,210, from €2,208 to -€2
Change in the result, 2024 to 2025
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 2024
€7,491
Gross operating margin
-€4,876
Staff costs
-€8,334
Other operating charges
+€156
Financial income
-€4,085
Financial charges
-€5
Taxes
+€2,210
Result 2025
-€7,443
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€945
Investment
€0
Financing
€0
Cash 2024
€8,914
From operations (derived)
-€945
Net result for the year
-€7,443
Receivables after one year
-€62,402
Receivables within one year
+€79,505
Deferred charges and accrued income
+€41
Trade debts
-€10,055
Tax, wage and social debts
-€591
Cash 2025
€7,969
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,834 | €99,745 | -€18,089 | -15.4% |
| Fixed assets | 21/28 | €395 | €395 | = | 0.0% |
| Financial fixed assets | 28 | €395 | €395 | = | 0.0% |
| Current assets | 29/58 | €117,439 | €99,350 | -€18,089 | -15.4% |
| Amounts receivable after more than one year | 29 | - | €62,402 | +€62,402 | |
| Other amounts receivable | 291 | - | €62,402 | +€62,402 | |
| Amounts receivable within one year | 40/41 | €108,226 | €28,721 | -€79,505 | -73.5% |
| Trade receivables | 40 | €42,775 | €28,115 | -€14,660 | -34.3% |
| Other amounts receivable | 41 | €65,451 | €606 | -€64,845 | -99.1% |
| Cash at bank and in hand | 54/58 | €8,914 | €7,969 | -€945 | -10.6% |
| Deferred charges and accrued income | 490/1 | €299 | €258 | -€41 | -13.7% |
| Total equity and liabilities | 10/49 | €117,834 | €99,745 | -€18,089 | -15.4% |
| Equity | 10/15 | €68,972 | €61,529 | -€7,443 | -10.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €10 | €10 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,412 | €42,969 | -€7,443 | -14.8% |
| Amounts payable | 17/49 | €48,862 | €38,216 | -€10,646 | -21.8% |
| Amounts payable within one year | 42/48 | €48,862 | €38,216 | -€10,646 | -21.8% |
| Trade debts | 44 | €35,903 | €25,848 | -€10,055 | -28.0% |
| Suppliers | 440/4 | €35,903 | €25,848 | -€10,055 | -28.0% |
| Taxes, remuneration and social security | 45 | €12,959 | €12,368 | -€591 | -4.6% |
| Taxes | 450/3 | €3,968 | €2,724 | -€1,244 | -31.4% |
| Remuneration and social security | 454/9 | €8,991 | €9,644 | +€653 | +7.3% |
| Remuneration, social security and pensions | 62 | €34,474 | €42,808 | +€8,334 | +24.2% |
| Other operating charges | 640/8 | €1,286 | €1,130 | -€156 | -12.1% |
| Gross operating margin | 9900 | €41,419 | €36,543 | -€4,876 | -11.8% |
| Operating profit (loss) | 9901 | €5,659 | -€7,395 | -€13,054 | |
| Financial income | 75/76B | €4,085 | - | -€4,085 | |
| Recurring financial income | 75 | €4,085 | - | -€4,085 | |
| Financial charges | 65/66B | €45 | €50 | +€5 | +11.1% |
| Recurring financial charges | 65 | €45 | €50 | +€5 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €9,699 | -€7,445 | -€17,144 | |
| Income taxes | 67/77 | €2,208 | -€2 | -€2,210 | |
| Profit (loss) for the period | 9904 | €7,491 | -€7,443 | -€14,934 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,491 | -€7,443 | -€14,934 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.