Popiul: 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.
Popiul
Largest movements
- Stocks and contracts -€23,787
down €23,787 (-100.0%), from €23,787 to €0
- Receivables within one year +€12,077
up €12,077 (+51.0%), from €23,699 to €35,776
of which Trade receivables: +€11,570
- Tangible fixed assets +€4,937
new in 2025: €4,937
- Cash -€2,775
down €2,775 (-20.5%), from €13,506 to €10,731
mainly Advances received (-€26,985) and Investment in fixed assets (net) (-€24,687)
- Advances received -€26,985
no longer reported in 2025 (was €26,985)
- Profit (loss) carried forward +€14,793
up €14,793, from -€10,534 to €4,259
- Trade debts +€2,644
up €2,644 (+32.5%), from €8,132 to €10,776
- Gross operating margin +€27,194
up €27,194 (+331.1%), from €8,213 to €35,407
- Depreciation +€17,073
up €17,073 (+637.8%), from €2,677 to €19,750
- Purchases and services -€16,186
down €16,186 (-79.0%), from €20,498 to €4,312
- Turnover -€6,503
down €6,503 (-96.3%), from €6,753 to €250
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.
Cash bridge derived
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 | €74,480 | €64,932 | -€9,548 | -12.8% |
| Fixed assets | 21/28 | - | €4,937 | +€4,937 | |
| Tangible fixed assets | 22/27 | - | €4,937 | +€4,937 | |
| Furniture and vehicles | 24 | - | €4,937 | +€4,937 | |
| Current assets | 29/58 | €74,480 | €59,995 | -€14,485 | -19.4% |
| Stocks and contracts in progress | 3 | €23,787 | €0 | -€23,787 | -100.0% |
| Stocks | 30/36 | €23,787 | €0 | -€23,787 | -100.0% |
| Amounts receivable within one year | 40/41 | €23,699 | €35,776 | +€12,077 | +51.0% |
| Trade receivables | 40 | €19,886 | €31,456 | +€11,570 | +58.2% |
| Other amounts receivable | 41 | €3,813 | €4,320 | +€507 | +13.3% |
| Cash at bank and in hand | 54/58 | €13,506 | €10,731 | -€2,775 | -20.5% |
| Deferred charges and accrued income | 490/1 | €13,488 | €13,488 | = | 0.0% |
| Total equity and liabilities | 10/49 | €74,480 | €64,932 | -€9,548 | -12.8% |
| Equity | 10/15 | €11,466 | €26,259 | +€14,793 | +129.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,534 | €4,259 | +€14,793 | |
| Amounts payable | 17/49 | €63,014 | €38,673 | -€24,341 | -38.6% |
| Amounts payable within one year | 42/48 | €63,014 | €38,673 | -€24,341 | -38.6% |
| Trade debts | 44 | €8,132 | €10,776 | +€2,644 | +32.5% |
| Suppliers | 440/4 | €8,132 | €10,776 | +€2,644 | +32.5% |
| Advances received on contracts in progress | 46 | €26,985 | - | -€26,985 | |
| Taxes, remuneration and social security | 45 | €5,255 | €5,255 | = | 0.0% |
| Taxes | 450/3 | €1,014 | €1,014 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,241 | €4,241 | = | 0.0% |
| Other amounts payable | 47/48 | €22,642 | €22,642 | = | 0.0% |
| Turnover | 70 | €6,753 | €250 | -€6,503 | -96.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,498 | €4,312 | -€16,186 | -79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,677 | €19,750 | +€17,073 | +637.8% |
| Other operating charges | 640/8 | €447 | €451 | +€4 | +0.9% |
| Gross operating margin | 9900 | €8,213 | €35,407 | +€27,194 | +331.1% |
| Operating profit (loss) | 9901 | €5,089 | €15,206 | +€10,117 | +198.8% |
| Financial income | 75/76B | €4 | €51 | +€47 | +1175.0% |
| Recurring financial income | 75 | €4 | €51 | +€47 | +1175.0% |
| Non-recurring financial income | 76B | €4 | €51 | +€47 | +1175.0% |
| Financial charges | 65/66B | €223 | €199 | -€24 | -10.8% |
| Recurring financial charges | 65 | €223 | €199 | -€24 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €4,870 | €15,058 | +€10,188 | +209.2% |
| Income taxes | 67/77 | €1 | €265 | +€264 | +26400.0% |
| Profit (loss) for the period | 9904 | €4,869 | €14,793 | +€9,924 | +203.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,869 | €14,793 | +€9,924 | +203.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.