POPOVIC AVOCAT: what changed
POPOVIC AVOCAT
Largest movements
- Cash +€64,981
up €64,981 (+27.4%), from €236,735 to €301,716
mainly Receivables within one year (+€60,162) and Depreciation (+€21,053)
- Receivables within one year -€60,162
down €60,162 (-41.4%), from €145,488 to €85,326
of which Trade receivables: -€79,663
- Tangible fixed assets -€20,767
down €20,767 (-24.9%), from €83,276 to €62,509
of which Land and buildings: -€16,200
- Other debts -€17,875
down €17,875 (-6.6%), from €270,240 to €252,366
- Reserves +€10,870
up €10,870 (+6.3%), from €171,930 to €182,800
- Advances received -€8,119
no longer reported in 2025 (was €8,119)
- Gross operating margin +€9,175
up €9,175 (+28.8%), from €31,904 to €41,079
- Taxes +€2,786
up €2,786 (+103%), from €2,713 to €5,498
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €467,162 | €451,211 | -€15,951 | -3.4% |
| Fixed assets | 21/28 | €83,276 | €62,509 | -€20,767 | -24.9% |
| Tangible fixed assets | 22/27 | €83,276 | €62,509 | -€20,767 | -24.9% |
| Land and buildings | 22 | €64,800 | €48,600 | -€16,200 | -25.0% |
| Furniture and vehicles | 24 | €18,476 | €13,909 | -€4,567 | -24.7% |
| Current assets | 29/58 | €383,886 | €388,701 | +€4,815 | +1.3% |
| Amounts receivable within one year | 40/41 | €145,488 | €85,326 | -€60,162 | -41.4% |
| Trade receivables | 40 | €123,201 | €43,538 | -€79,663 | -64.7% |
| Other amounts receivable | 41 | €22,287 | €41,789 | +€19,502 | +87.5% |
| Cash at bank and in hand | 54/58 | €236,735 | €301,716 | +€64,981 | +27.4% |
| Deferred charges and accrued income | 490/1 | €1,663 | €1,659 | -€4 | -0.2% |
| Total equity and liabilities | 10/49 | €467,162 | €451,211 | -€15,951 | -3.4% |
| Equity | 10/15 | €184,330 | €195,200 | +€10,870 | +5.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €171,930 | €182,800 | +€10,870 | +6.3% |
| Distributable reserves | 133 | €171,930 | €182,800 | +€10,870 | +6.3% |
| Amounts payable | 17/49 | €282,832 | €256,011 | -€26,821 | -9.5% |
| Amounts payable within one year | 42/48 | €282,832 | €256,011 | -€26,821 | -9.5% |
| Trade debts | 44 | €1,066 | €583 | -€482 | -45.3% |
| Suppliers | 440/4 | €1,066 | €583 | -€482 | -45.3% |
| Advances received on contracts in progress | 46 | €8,119 | - | -€8,119 | |
| Taxes, remuneration and social security | 45 | €3,407 | €3,062 | -€345 | -10.1% |
| Taxes | 450/3 | €323 | €712 | +€389 | +120% |
| Remuneration and social security | 454/9 | €3,084 | €2,350 | -€733 | -23.8% |
| Other amounts payable | 47/48 | €270,240 | €252,366 | -€17,875 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,202 | €21,053 | -€149 | -0.7% |
| Other operating charges | 640/8 | €3,619 | €3,343 | -€276 | -7.6% |
| Gross operating margin | 9900 | €31,904 | €41,079 | +€9,175 | +28.8% |
| Operating profit (loss) | 9901 | €7,083 | €16,682 | +€9,600 | +136% |
| Financial income | 75/76B | €10 | €211 | +€201 | +1,962% |
| Recurring financial income | 75 | €10 | €211 | +€201 | +1,962% |
| Financial charges | 65/66B | €315 | €525 | +€210 | +66.6% |
| Recurring financial charges | 65 | €315 | €525 | +€210 | +66.6% |
| Profit (loss) for the period before taxes | 9903 | €6,778 | €16,368 | +€9,590 | +141% |
| Income taxes | 67/77 | €2,713 | €5,498 | +€2,786 | +103% |
| Profit (loss) for the period | 9904 | €4,065 | €10,870 | +€6,805 | +167% |
| Profit (loss) for the period to be appropriated | 9905 | €4,065 | €10,870 | +€6,805 | +167% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.