POPKORN: 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.
POPKORN
Largest movements
- Tangible fixed assets -€27,224
down €27,224 (-51.4%), from €52,929 to €25,705
of which Leasing and similar rights: -€24,451
- Cash -€6,022
down €6,022 (-40.8%), from €14,763 to €8,741
mainly Debts after one year (-€14,877) and Other debts (-€12,252)
- Deferred charges and accrued income +€2,108
up €2,108 (+25.9%), from €8,138 to €10,246
- Receivables within one year -€1,703
down €1,703 (-4.7%), from €35,884 to €34,181
of which Trade receivables: -€3,811
- Debts after one year -€14,877
down €14,877 (-63.6%), from €23,396 to €8,519
- Other debts -€12,252
down €12,252 (-90.0%), from €13,607 to €1,355
- Trade debts -€6,024
down €6,024 (-46.8%), from €12,867 to €6,843
- Current portion of long-term debt -€2,223
down €2,223 (-13.0%), from €17,100 to €14,877
- Tax, wage and social debts +€2,125
up €2,125 (+5.5%), from €38,533 to €40,658
of which Taxes: +€3,503
- Staff costs -€52,757
down €52,757 (-24.5%), from €215,683 to €162,926
- Financial income +€10,946
up €10,946 (+2,595%), from €422 to €11,368
of which Non-recurring financial income: +€11,312
- Financial charges -€9,310
down €9,310 (-89.6%), from €10,389 to €1,079
of which Non-recurring financial charges: -€9,478
- Depreciation +€6,822
up €6,822 (+30.1%), from €22,653 to €29,475
- Gross operating margin -€3,057
down €3,057 (-1.6%), from €188,793 to €185,735
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 | €111,713 | €78,873 | -€32,841 | -29.4% |
| Fixed assets | 21/28 | €52,929 | €25,705 | -€27,224 | -51.4% |
| Tangible fixed assets | 22/27 | €52,929 | €25,705 | -€27,224 | -51.4% |
| Furniture and vehicles | 24 | €13,816 | €11,043 | -€2,773 | -20.1% |
| Leasing and similar rights | 25 | €39,113 | €14,662 | -€24,451 | -62.5% |
| Current assets | 29/58 | €58,785 | €53,168 | -€5,617 | -9.6% |
| Amounts receivable within one year | 40/41 | €35,884 | €34,181 | -€1,703 | -4.7% |
| Trade receivables | 40 | €35,884 | €32,073 | -€3,811 | -10.6% |
| Other amounts receivable | 41 | - | €2,108 | +€2,108 | |
| Cash at bank and in hand | 54/58 | €14,763 | €8,741 | -€6,022 | -40.8% |
| Deferred charges and accrued income | 490/1 | €8,138 | €10,246 | +€2,108 | +25.9% |
| Total equity and liabilities | 10/49 | €111,713 | €78,873 | -€32,841 | -29.4% |
| Equity | 10/15 | €6,211 | €6,622 | +€411 | +6.6% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,789 | -€15,378 | +€411 | +2.6% |
| Amounts payable | 17/49 | €105,503 | €72,251 | -€33,252 | -31.5% |
| Amounts payable after more than one year | 17 | €23,396 | €8,519 | -€14,877 | -63.6% |
| Financial debts | 170/4 | €23,396 | €8,519 | -€14,877 | -63.6% |
| Amounts payable within one year | 42/48 | €82,107 | €63,733 | -€18,374 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €17,100 | €14,877 | -€2,223 | -13.0% |
| Trade debts | 44 | €12,867 | €6,843 | -€6,024 | -46.8% |
| Suppliers | 440/4 | €12,867 | €6,843 | -€6,024 | -46.8% |
| Taxes, remuneration and social security | 45 | €38,533 | €40,658 | +€2,125 | +5.5% |
| Taxes | 450/3 | €10,169 | €13,672 | +€3,503 | +34.4% |
| Remuneration and social security | 454/9 | €28,364 | €26,986 | -€1,378 | -4.9% |
| Other amounts payable | 47/48 | €13,607 | €1,355 | -€12,252 | -90.0% |
| Non-recurring operating income | 76A | €29,864 | - | -€29,864 | |
| Remuneration, social security and pensions | 62 | €215,683 | €162,926 | -€52,757 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,653 | €29,475 | +€6,822 | +30.1% |
| Other operating charges | 640/8 | €2,715 | €2,819 | +€103 | +3.8% |
| Gross operating margin | 9900 | €188,793 | €185,735 | -€3,057 | -1.6% |
| Operating profit (loss) | 9901 | -€52,259 | -€9,485 | +€42,774 | +81.8% |
| Financial income | 75/76B | €422 | €11,368 | +€10,946 | +2,595% |
| Recurring financial income | 75 | €422 | €56 | -€366 | -86.8% |
| Non-recurring financial income | 76B | - | €11,312 | +€11,312 | |
| Financial charges | 65/66B | €10,389 | €1,079 | -€9,310 | -89.6% |
| Recurring financial charges | 65 | €910 | €1,079 | +€168 | +18.5% |
| Non-recurring financial charges | 66B | €9,478 | - | -€9,478 | |
| Profit (loss) for the period before taxes | 9903 | -€62,226 | €804 | +€63,030 | |
| Income taxes | 67/77 | €361 | €393 | +€32 | +8.8% |
| Profit (loss) for the period | 9904 | -€62,587 | €411 | +€62,998 | |
| Profit (loss) for the period to be appropriated | 9905 | -€62,587 | €411 | +€62,998 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.