POPLAWSKI: 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.
POPLAWSKI
Largest movements
- Receivables within one year -€18,916
down €18,916 (-44.6%), from €42,452 to €23,536
of which Trade receivables: -€18,124
- Cash +€4,904
up €4,904 (+7,663%), from €64 to €4,968
mainly Receivables within one year (+€18,916) and Net result for the year (+€1,447)
- Tangible fixed assets -€1,233
down €1,233 (-94.3%), from €1,308 to €75
- Accrued charges and deferred income -€14,294
no longer reported in 2025 (was €14,294)
- Tax, wage and social debts -€2,003
down €2,003 (-97.1%), from €2,062 to €59
- Profit (loss) carried forward +€1,447
up €1,447 (+7.5%), from €19,208 to €20,655
- Gross operating margin -€9,399
down €9,399 (-66.7%), from €14,089 to €4,690
- Other operating charges -€9,314
down €9,314 (-85.8%), from €10,861 to €1,547
- Financial charges -€820
down €820 (-73.8%), from €1,111 to €291
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 | €44,019 | €28,774 | -€15,245 | -34.6% |
| Fixed assets | 21/28 | €1,503 | €270 | -€1,233 | -82.0% |
| Tangible fixed assets | 22/27 | €1,308 | €75 | -€1,233 | -94.3% |
| Furniture and vehicles | 24 | €1,308 | €75 | -€1,233 | -94.3% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €42,516 | €28,504 | -€14,012 | -33.0% |
| Amounts receivable within one year | 40/41 | €42,452 | €23,536 | -€18,916 | -44.6% |
| Trade receivables | 40 | €30,384 | €12,260 | -€18,124 | -59.6% |
| Other amounts receivable | 41 | €12,068 | €11,276 | -€792 | -6.6% |
| Cash at bank and in hand | 54/58 | €64 | €4,968 | +€4,904 | +7,663% |
| Total equity and liabilities | 10/49 | €44,019 | €28,774 | -€15,245 | -34.6% |
| Equity | 10/15 | €27,268 | €28,715 | +€1,447 | +5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,208 | €20,655 | +€1,447 | +7.5% |
| Amounts payable | 17/49 | €16,751 | €59 | -€16,692 | -99.6% |
| Amounts payable within one year | 42/48 | €2,457 | €59 | -€2,398 | -97.6% |
| Trade debts | 44 | €395 | - | -€395 | |
| Suppliers | 440/4 | €395 | - | -€395 | |
| Taxes, remuneration and social security | 45 | €2,062 | €59 | -€2,003 | -97.1% |
| Taxes | 450/3 | €2,062 | €59 | -€2,003 | -97.1% |
| Accrued charges and deferred income | 492/3 | €14,294 | - | -€14,294 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,234 | €1,233 | -€1 | -0.1% |
| Other operating charges | 640/8 | €10,861 | €1,547 | -€9,314 | -85.8% |
| Gross operating margin | 9900 | €14,089 | €4,690 | -€9,399 | -66.7% |
| Operating profit (loss) | 9901 | €1,994 | €1,910 | -€84 | -4.2% |
| Financial charges | 65/66B | €1,111 | €291 | -€820 | -73.8% |
| Recurring financial charges | 65 | €1,111 | €291 | -€820 | -73.8% |
| Profit (loss) for the period before taxes | 9903 | €883 | €1,619 | +€736 | +83.4% |
| Income taxes | 67/77 | €167 | €172 | +€5 | +3.0% |
| Profit (loss) for the period | 9904 | €716 | €1,447 | +€731 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €716 | €1,447 | +€731 | +102% |
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 23 October 2026 via checked.be.