POPOTES 107: 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.
POPOTES 107
Largest movements
- Cash -€49,468
down €49,468 (-93.7%), from €52,800 to €3,332
mainly Net result for the year (-€23,780) and Debts after one year (-€15,255)
- Tangible fixed assets -€13,686
down €13,686 (-18.4%), from €74,480 to €60,793
- Receivables within one year +€8,019
up €8,019 (+44.8%), from €17,920 to €25,939
of which Trade receivables: +€10,740
- Receivables after one year +€4,125
up €4,125 (+24.3%), from €17,000 to €21,125
- Intangible fixed assets -€3,380
down €3,380 (-10.3%), from €32,698 to €29,318
- Profit (loss) carried forward -€23,780
down €23,780 (-44.2%), from €53,785 to €30,005
- Debts after one year -€15,255
down €15,255 (-33.8%), from €45,104 to €29,849
- Tax, wage and social debts -€8,144
down €8,144 (-17.8%), from €45,715 to €37,571
of which Remuneration and social security: -€4,810
- Current portion of long-term debt -€4,445
down €4,445 (-22.6%), from €19,700 to €15,255
- Gross operating margin -€33,817
down €33,817 (-11.0%), from €307,128 to €273,311
- Write-downs +€16,403
new in 2025: €16,403
- Taxes -€14,837
down €14,837 (-98.4%), from €15,080 to €243
- Staff costs +€14,205
up €14,205 (+6.6%), from €215,280 to €229,486
- Financial charges +€9,912
up €9,912 (+75.4%), from €13,152 to €23,064
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 | €210,510 | €157,622 | -€52,888 | -25.1% |
| Fixed assets | 21/28 | €117,378 | €100,311 | -€17,066 | -14.5% |
| Intangible fixed assets | 21 | €32,698 | €29,318 | -€3,380 | -10.3% |
| Tangible fixed assets | 22/27 | €74,480 | €60,793 | -€13,686 | -18.4% |
| Plant, machinery and equipment | 23 | €7,376 | €5,269 | -€2,106 | -28.6% |
| Furniture and vehicles | 24 | €2,644 | €2,536 | -€108 | -4.1% |
| Leasing and similar rights | 25 | €12,534 | €7,134 | -€5,400 | -43.1% |
| Other tangible fixed assets | 26 | €51,925 | €45,854 | -€6,071 | -11.7% |
| Financial fixed assets | 28 | €10,200 | €10,200 | = | 0.0% |
| Current assets | 29/58 | €93,132 | €57,311 | -€35,821 | -38.5% |
| Amounts receivable after more than one year | 29 | €17,000 | €21,125 | +€4,125 | +24.3% |
| Other amounts receivable | 291 | €17,000 | €21,125 | +€4,125 | +24.3% |
| Stocks and contracts in progress | 3 | €4,135 | €4,135 | = | 0.0% |
| Stocks | 30/36 | €4,135 | €4,135 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,920 | €25,939 | +€8,019 | +44.8% |
| Trade receivables | 40 | €5,228 | €15,969 | +€10,740 | +205% |
| Other amounts receivable | 41 | €12,691 | €9,970 | -€2,721 | -21.4% |
| Cash at bank and in hand | 54/58 | €52,800 | €3,332 | -€49,468 | -93.7% |
| Deferred charges and accrued income | 490/1 | €1,278 | €2,780 | +€1,502 | +118% |
| Total equity and liabilities | 10/49 | €210,510 | €157,622 | -€52,888 | -25.1% |
| Equity | 10/15 | €83,785 | €60,005 | -€23,780 | -28.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,785 | €30,005 | -€23,780 | -44.2% |
| Amounts payable | 17/49 | €126,725 | €97,617 | -€29,108 | -23.0% |
| Amounts payable after more than one year | 17 | €45,104 | €29,849 | -€15,255 | -33.8% |
| Financial debts | 170/4 | €45,104 | €29,849 | -€15,255 | -33.8% |
| Amounts payable within one year | 42/48 | €81,621 | €67,768 | -€13,853 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €19,700 | €15,255 | -€4,445 | -22.6% |
| Trade debts | 44 | €15,613 | €14,435 | -€1,178 | -7.5% |
| Suppliers | 440/4 | €15,613 | €14,435 | -€1,178 | -7.5% |
| Taxes, remuneration and social security | 45 | €45,715 | €37,571 | -€8,144 | -17.8% |
| Taxes | 450/3 | €19,054 | €15,720 | -€3,334 | -17.5% |
| Remuneration and social security | 454/9 | €26,661 | €21,851 | -€4,810 | -18.0% |
| Other amounts payable | 47/48 | €593 | €507 | -€86 | -14.6% |
| Non-recurring operating income | 76A | €5,500 | - | -€5,500 | |
| Remuneration, social security and pensions | 62 | €215,280 | €229,486 | +€14,205 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,460 | €18,456 | +€3,996 | +27.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,403 | +€16,403 | |
| Other operating charges | 640/8 | €2,461 | €10,286 | +€7,825 | +318% |
| Gross operating margin | 9900 | €307,128 | €273,311 | -€33,817 | -11.0% |
| Operating profit (loss) | 9901 | €74,927 | -€1,320 | -€76,246 | |
| Financial income | 75/76B | €360 | €847 | +€487 | +135% |
| Recurring financial income | 75 | €360 | €847 | +€487 | +135% |
| Financial charges | 65/66B | €13,152 | €23,064 | +€9,912 | +75.4% |
| Recurring financial charges | 65 | €13,152 | €23,064 | +€9,912 | +75.4% |
| Profit (loss) for the period before taxes | 9903 | €62,135 | -€23,536 | -€85,671 | |
| Income taxes | 67/77 | €15,080 | €243 | -€14,837 | -98.4% |
| Profit (loss) for the period | 9904 | €47,055 | -€23,780 | -€70,834 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,055 | -€23,780 | -€70,834 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.