POPKART: 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.
POPKART
Largest movements
- Tangible fixed assets +€628,482
up €628,482 (+49.2%), from €1.3m to €1.9m
of which Land and buildings: +€661,818
- Receivables within one year +€102,965
up €102,965 (+42.7%), from €241,066 to €344,031
of which Trade receivables: +€81,247
- Other debts +€469,647
up €469,647 (+28.7%), from €1.6m to €2.1m
- Debts after one year +€216,467
up €216,467 (+42.1%), from €513,600 to €730,067
- Profit (loss) carried forward -€43,413
down €43,413, from €0 to -€43,413
- Depreciation +€91,606
up €91,606 (+145%), from €63,033 to €154,639
- Gross operating margin +€70,957
up €70,957 (+29.3%), from €242,421 to €313,378
- Staff costs +€66,337
up €66,337 (+109%), from €60,582 to €126,919
- Taxes -€18,759
down €18,759 (-88.2%), from €21,268 to €2,508
- Other operating charges +€15,016
up €15,016 (+235%), from €6,396 to €21,412
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 | €2,863,079 | €3,599,750 | +€736,671 | +25.7% |
| Fixed assets | 21/28 | €2,592,272 | €3,220,754 | +€628,482 | +24.2% |
| Tangible fixed assets | 22/27 | €1,276,942 | €1,905,425 | +€628,482 | +49.2% |
| Land and buildings | 22 | €1,158,675 | €1,820,493 | +€661,818 | +57.1% |
| Plant, machinery and equipment | 23 | €18,939 | €9,792 | -€9,147 | -48.3% |
| Furniture and vehicles | 24 | €99,328 | €75,139 | -€24,189 | -24.4% |
| Financial fixed assets | 28 | €1,315,329 | €1,315,329 | = | 0.0% |
| Current assets | 29/58 | €270,807 | €378,996 | +€108,189 | +40.0% |
| Amounts receivable within one year | 40/41 | €241,066 | €344,031 | +€102,965 | +42.7% |
| Trade receivables | 40 | €24,500 | €105,747 | +€81,247 | +332% |
| Other amounts receivable | 41 | €216,566 | €238,284 | +€21,719 | +10.0% |
| Cash at bank and in hand | 54/58 | €26,438 | €25,748 | -€690 | -2.6% |
| Deferred charges and accrued income | 490/1 | €3,304 | €9,218 | +€5,914 | +179% |
| Total equity and liabilities | 10/49 | €2,863,079 | €3,599,750 | +€736,671 | +25.7% |
| Equity | 10/15 | €588,368 | €544,955 | -€43,413 | -7.4% |
| Contributions | 10/11 | €290,000 | €290,000 | = | 0.0% |
| Reserves | 13 | €298,368 | €298,368 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,367 | €1,367 | = | 0.0% |
| Distributable reserves | 133 | €287,001 | €287,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€43,413 | -€43,413 | |
| Amounts payable | 17/49 | €2,274,711 | €3,054,795 | +€780,084 | +34.3% |
| Amounts payable after more than one year | 17 | €513,600 | €730,067 | +€216,467 | +42.1% |
| Financial debts | 170/4 | €513,600 | €730,067 | +€216,467 | +42.1% |
| Amounts payable within one year | 42/48 | €1,748,981 | €2,283,027 | +€534,046 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €92,700 | €127,700 | +€35,000 | +37.8% |
| Trade debts | 44 | €2,747 | €13,286 | +€10,539 | +384% |
| Suppliers | 440/4 | €2,747 | €13,286 | +€10,539 | +384% |
| Taxes, remuneration and social security | 45 | €14,749 | €33,610 | +€18,861 | +128% |
| Taxes | 450/3 | €6,970 | €12,911 | +€5,942 | +85.2% |
| Remuneration and social security | 454/9 | €7,780 | €20,699 | +€12,919 | +166% |
| Other amounts payable | 47/48 | €1,638,785 | €2,108,431 | +€469,647 | +28.7% |
| Accrued charges and deferred income | 492/3 | €12,130 | €41,701 | +€29,572 | +244% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €60,582 | €126,919 | +€66,337 | +109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,033 | €154,639 | +€91,606 | +145% |
| Other operating charges | 640/8 | €6,396 | €21,412 | +€15,016 | +235% |
| Gross operating margin | 9900 | €242,421 | €313,378 | +€70,957 | +29.3% |
| Operating profit (loss) | 9901 | €112,410 | €10,408 | -€102,001 | -90.7% |
| Financial income | 75/76B | €2,125 | €2,126 | +€1 | 0.0% |
| Recurring financial income | 75 | €2,125 | €2,126 | +€1 | 0.0% |
| Financial charges | 65/66B | €42,628 | €53,439 | +€10,811 | +25.4% |
| Recurring financial charges | 65 | €42,628 | €53,439 | +€10,811 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €71,907 | -€40,905 | -€112,812 | |
| Income taxes | 67/77 | €21,268 | €2,508 | -€18,759 | -88.2% |
| Profit (loss) for the period | 9904 | €50,640 | -€43,413 | -€94,053 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,640 | -€43,413 | -€94,053 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.