poppe-lifting: 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.
poppe-lifting
Largest movements
- Receivables within one year -€47,149
down €47,149 (-85.4%), from €55,178 to €8,029
of which Trade receivables: -€35,570
- Tangible fixed assets -€13,949
down €13,949 (-20.9%), from €66,838 to €52,889
of which Furniture and vehicles: -€19,902
- Intangible fixed assets +€8,639
new in 2025: €8,639
- Cash +€5,730
up €5,730 (+39.0%), from €14,708 to €20,438
mainly Receivables within one year (+€47,149) and Depreciation (+€23,582)
- Trade debts -€28,851
down €28,851 (-67.4%), from €42,834 to €13,983
- Other debts +€18,367
up €18,367 (+18.7%), from €97,968 to €116,334
- Debts after one year -€14,034
down €14,034 (-100%), from €14,034 to €0
- Current portion of long-term debt -€11,190
down €11,190 (-44.4%), from €25,224 to €14,034
- Tax, wage and social debts -€6,586
down €6,586 (-94.0%), from €7,006 to €420
- Gross operating margin +€25,215
up €25,215, from -€12,309 to €12,905
- Depreciation -€9,536
down €9,536 (-28.8%), from €33,118 to €23,582
- Financial charges -€5,107
down €5,107 (-70.7%), from €7,225 to €2,118
- Other operating charges -€1,315
down €1,315 (-61.5%), from €2,140 to €825
- Taxes -€147
down €147 (-51.6%), from €284 to €137
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 | €136,997 | €90,516 | -€46,482 | -33.9% |
| Fixed assets | 21/28 | €66,973 | €61,663 | -€5,310 | -7.9% |
| Intangible fixed assets | 21 | - | €8,639 | +€8,639 | |
| Tangible fixed assets | 22/27 | €66,838 | €52,889 | -€13,949 | -20.9% |
| Plant, machinery and equipment | 23 | €25,144 | €31,097 | +€5,953 | +23.7% |
| Furniture and vehicles | 24 | €41,695 | €21,792 | -€19,902 | -47.7% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €70,024 | €28,852 | -€41,172 | -58.8% |
| Amounts receivable within one year | 40/41 | €55,178 | €8,029 | -€47,149 | -85.4% |
| Trade receivables | 40 | €41,082 | €5,512 | -€35,570 | -86.6% |
| Other amounts receivable | 41 | €14,096 | €2,517 | -€11,579 | -82.1% |
| Cash at bank and in hand | 54/58 | €14,708 | €20,438 | +€5,730 | +39.0% |
| Deferred charges and accrued income | 490/1 | €138 | €385 | +€248 | +180% |
| Total equity and liabilities | 10/49 | €136,997 | €90,516 | -€46,482 | -33.9% |
| Equity | 10/15 | -€50,069 | -€54,256 | -€4,188 | -8.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,069 | -€59,256 | -€4,188 | -7.6% |
| Amounts payable | 17/49 | €187,066 | €144,772 | -€42,294 | -22.6% |
| Amounts payable after more than one year | 17 | €14,034 | €0 | -€14,034 | -100% |
| Financial debts | 170/4 | €14,034 | €0 | -€14,034 | -100% |
| Amounts payable within one year | 42/48 | €173,032 | €144,772 | -€28,260 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €25,224 | €14,034 | -€11,190 | -44.4% |
| Trade debts | 44 | €42,834 | €13,983 | -€28,851 | -67.4% |
| Suppliers | 440/4 | €42,834 | €13,983 | -€28,851 | -67.4% |
| Taxes, remuneration and social security | 45 | €7,006 | €420 | -€6,586 | -94.0% |
| Taxes | 450/3 | €7,006 | €420 | -€6,586 | -94.0% |
| Other amounts payable | 47/48 | €97,968 | €116,334 | +€18,367 | +18.7% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,118 | €23,582 | -€9,536 | -28.8% |
| Other operating charges | 640/8 | €2,140 | €825 | -€1,315 | -61.5% |
| Gross operating margin | 9900 | -€12,309 | €12,905 | +€25,215 | |
| Operating profit (loss) | 9901 | -€47,567 | -€11,501 | +€36,066 | +75.8% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €7,225 | €2,118 | -€5,107 | -70.7% |
| Recurring financial charges | 65 | €7,225 | €2,118 | -€5,107 | -70.7% |
| Profit (loss) for the period before taxes | 9903 | -€54,785 | -€13,619 | +€41,166 | +75.1% |
| Income taxes | 67/77 | €284 | €137 | -€147 | -51.6% |
| Profit (loss) for the period | 9904 | -€55,069 | -€13,756 | +€41,313 | +75.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,069 | -€13,756 | +€41,313 | +75.0% |
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 19 October 2026 via checked.be.