Popoyo: 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.
Popoyo
Largest movements
- Cash +€48,604
up €48,604 (+53.2%), from €91,401 to €140,005
mainly Net result for the year (+€80,597) and Other debts (+€25,657)
- Receivables after one year -€22,923
no longer reported in 2025 (was €22,923)
- Receivables within one year -€5,111
down €5,111 (-75.3%), from €6,788 to €1,677
of which Other amounts receivable: -€4,713
- Tangible fixed assets +€2,694
up €2,694 (+22.8%), from €11,799 to €14,494
of which Other tangible fixed assets: +€5,118
- Other debts +€25,657
up €25,657 (+59.7%), from €43,003 to €68,660
- Tax, wage and social debts -€8,611
down €8,611 (-35.6%), from €24,171 to €15,561
- Trade debts +€6,530
up €6,530 (+135%), from €4,840 to €11,370
- Gross operating margin +€42,904
up €42,904 (+60.5%), from €70,863 to €113,767
- Taxes +€12,914
up €12,914 (+92.4%), from €13,972 to €26,886
- Staff costs -€1,151
down €1,151 (-29.6%), from €3,883 to €2,733
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 | €140,984 | €164,561 | +€23,577 | +16.7% |
| Fixed assets | 21/28 | €16,749 | €19,444 | +€2,694 | +16.1% |
| Tangible fixed assets | 22/27 | €11,799 | €14,494 | +€2,694 | +22.8% |
| Plant, machinery and equipment | 23 | €732 | €293 | -€439 | -60.0% |
| Furniture and vehicles | 24 | €4,088 | €2,104 | -€1,985 | -48.5% |
| Other tangible fixed assets | 26 | €6,979 | €12,097 | +€5,118 | +73.3% |
| Financial fixed assets | 28 | €4,950 | €4,950 | = | 0.0% |
| Current assets | 29/58 | €124,235 | €145,117 | +€20,882 | +16.8% |
| Amounts receivable after more than one year | 29 | €22,923 | - | -€22,923 | |
| Other amounts receivable | 291 | €22,923 | - | -€22,923 | |
| Amounts receivable within one year | 40/41 | €6,788 | €1,677 | -€5,111 | -75.3% |
| Trade receivables | 40 | €398 | - | -€398 | |
| Other amounts receivable | 41 | €6,390 | €1,677 | -€4,713 | -73.8% |
| Cash at bank and in hand | 54/58 | €91,401 | €140,005 | +€48,604 | +53.2% |
| Deferred charges and accrued income | 490/1 | €3,123 | €3,436 | +€313 | +10.0% |
| Total equity and liabilities | 10/49 | €140,984 | €164,561 | +€23,577 | +16.7% |
| Equity | 10/15 | €68,970 | €68,970 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €67,970 | €67,970 | = | 0.0% |
| Distributable reserves | 133 | €67,970 | €67,970 | = | 0.0% |
| Amounts payable | 17/49 | €72,014 | €95,591 | +€23,577 | +32.7% |
| Amounts payable within one year | 42/48 | €72,014 | €95,591 | +€23,577 | +32.7% |
| Trade debts | 44 | €4,840 | €11,370 | +€6,530 | +135% |
| Suppliers | 440/4 | €4,840 | €11,370 | +€6,530 | +135% |
| Taxes, remuneration and social security | 45 | €24,171 | €15,561 | -€8,611 | -35.6% |
| Taxes | 450/3 | €24,171 | €15,561 | -€8,611 | -35.6% |
| Other amounts payable | 47/48 | €43,003 | €68,660 | +€25,657 | +59.7% |
| Remuneration, social security and pensions | 62 | €3,883 | €2,733 | -€1,151 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,417 | €2,424 | +€7 | +0.3% |
| Other operating charges | 640/8 | €1,260 | €1,450 | +€190 | +15.1% |
| Gross operating margin | 9900 | €70,863 | €113,767 | +€42,904 | +60.5% |
| Operating profit (loss) | 9901 | €63,302 | €107,160 | +€43,858 | +69.3% |
| Financial income | 75/76B | €1,351 | €396 | -€955 | -70.7% |
| Recurring financial income | 75 | €1,351 | €396 | -€955 | -70.7% |
| Financial charges | 65/66B | €89 | €73 | -€16 | -17.7% |
| Recurring financial charges | 65 | €89 | €73 | -€16 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €64,564 | €107,483 | +€42,919 | +66.5% |
| Income taxes | 67/77 | €13,972 | €26,886 | +€12,914 | +92.4% |
| Profit (loss) for the period | 9904 | €50,592 | €80,597 | +€30,005 | +59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,592 | €80,597 | +€30,005 | +59.3% |
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 23 October 2026 via checked.be.