POPOFF: 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.
POPOFF
Largest movements
- Tangible fixed assets +€82,200
up €82,200 (+495.2%), from €16,600 to €98,800
of which Furniture and vehicles: +€80,793
- Receivables after one year -€65,000
down €65,000 (-11.6%), from €560,000 to €495,000
- Cash +€20,027
up €20,027 (+471.2%), from €4,251 to €24,277
mainly Debts after one year (+€66,039) and Receivables after one year (+€65,000)
- Receivables within one year +€12,736
up €12,736 (+9.9%), from €128,159 to €140,895
of which Other amounts receivable: +€9,474
- Debts after one year +€66,039
new in 2025: €66,039
- Reserves -€31,096
down €31,096 (-4.3%), from €720,542 to €689,446
of which Distributable reserves: -€31,096
- Current portion of long-term debt +€17,034
new in 2025: €17,034
- Trade debts -€8,504
down €8,504 (-53.9%), from €15,768 to €7,264
- Gross operating margin +€21,729
up €21,729 (+37.1%), from -€58,622 to -€36,893
- Depreciation +€9,114
up €9,114 (+3613.0%), from €252 to €9,366
- Financial income +€2,908
up €2,908 (+17.7%), from €16,477 to €19,385
- Financial charges +€1,480
up €1,480 (+397.2%), from €373 to €1,853
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 | €748,934 | €794,965 | +€46,031 | +6.1% |
| Fixed assets | 21/28 | €16,600 | €98,800 | +€82,200 | +495.2% |
| Tangible fixed assets | 22/27 | €16,600 | €98,800 | +€82,200 | +495.2% |
| Plant, machinery and equipment | 23 | - | €1,407 | +€1,407 | |
| Furniture and vehicles | 24 | €0 | €80,793 | +€80,793 | |
| Other tangible fixed assets | 26 | €16,600 | €16,600 | = | 0.0% |
| Current assets | 29/58 | €732,334 | €696,166 | -€36,169 | -4.9% |
| Amounts receivable after more than one year | 29 | €560,000 | €495,000 | -€65,000 | -11.6% |
| Trade receivables | 290 | €560,000 | €495,000 | -€65,000 | -11.6% |
| Stocks and contracts in progress | 3 | €5,031 | €0 | -€5,031 | -100.0% |
| Stocks | 30/36 | €5,031 | €0 | -€5,031 | -100.0% |
| Amounts receivable within one year | 40/41 | €128,159 | €140,895 | +€12,736 | +9.9% |
| Trade receivables | 40 | €7,500 | €10,762 | +€3,262 | +43.5% |
| Other amounts receivable | 41 | €120,659 | €130,132 | +€9,474 | +7.9% |
| Current investments | 50/53 | €30,450 | €30,450 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,251 | €24,277 | +€20,027 | +471.2% |
| Deferred charges and accrued income | 490/1 | €4,444 | €5,544 | +€1,099 | +24.7% |
| Total equity and liabilities | 10/49 | €748,934 | €794,965 | +€46,031 | +6.1% |
| Equity | 10/15 | €732,942 | €701,846 | -€31,096 | -4.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €720,542 | €689,446 | -€31,096 | -4.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €720,542 | €689,446 | -€31,096 | -4.3% |
| Amounts payable | 17/49 | €15,993 | €93,120 | +€77,127 | +482.3% |
| Amounts payable after more than one year | 17 | - | €66,039 | +€66,039 | |
| Financial debts | 170/4 | - | €66,039 | +€66,039 | |
| Amounts payable within one year | 42/48 | €15,993 | €27,081 | +€11,088 | +69.3% |
| Current portion of amounts payable after more than one year | 42 | - | €17,034 | +€17,034 | |
| Trade debts | 44 | €15,768 | €7,264 | -€8,504 | -53.9% |
| Suppliers | 440/4 | €15,768 | €7,264 | -€8,504 | -53.9% |
| Taxes, remuneration and social security | 45 | €225 | €2,783 | +€2,558 | +1138.9% |
| Taxes | 450/3 | €225 | €2,783 | +€2,558 | +1138.9% |
| Non-recurring operating income | 76A | - | €17,000 | +€17,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €252 | €9,366 | +€9,114 | +3613.0% |
| Other operating charges | 640/8 | €2,020 | €2,002 | -€18 | -0.9% |
| Gross operating margin | 9900 | -€58,622 | -€36,893 | +€21,729 | +37.1% |
| Operating profit (loss) | 9901 | -€60,894 | -€48,261 | +€12,633 | +20.7% |
| Financial income | 75/76B | €16,477 | €19,385 | +€2,908 | +17.7% |
| Recurring financial income | 75 | €16,477 | €19,385 | +€2,908 | +17.7% |
| Financial charges | 65/66B | €373 | €1,853 | +€1,480 | +397.2% |
| Recurring financial charges | 65 | €373 | €1,853 | +€1,480 | +397.2% |
| Profit (loss) for the period before taxes | 9903 | -€44,790 | -€30,729 | +€14,061 | +31.4% |
| Income taxes | 67/77 | €353 | €367 | +€14 | +4.0% |
| Profit (loss) for the period | 9904 | -€45,143 | -€31,096 | +€14,047 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,143 | -€31,096 | +€14,047 | +31.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.