POPPE Services: what changed
POPPE Services
Largest movements
- Tangible fixed assets +€17,340
up €17,340 (+17.7%), from €98,005 to €115,345
of which Plant, machinery and equipment: +€10,770
- Receivables within one year -€8,524
down €8,524 (-35.2%), from €24,196 to €15,673
of which Trade receivables: -€7,470
- Stocks and contracts +€2,000
up €2,000 (+11.4%), from €17,500 to €19,500
- Debts after one year -€16,101
no longer reported in 2026 (was €16,101)
- Trade debts +€12,942
up €12,942 (+67.9%), from €19,067 to €32,009
- Profit (loss) carried forward +€9,276
up €9,276 (+78.7%), from -€11,789 to -€2,513
- Other debts +€3,094
up €3,094 (+3.2%), from €96,593 to €99,687
- Gross operating margin +€29,740
up €29,740 (+472%), from €6,300 to €36,040
- Depreciation +€12,183
up €12,183 (+86.5%), from €14,084 to €26,266
- Financial charges -€3,562
down €3,562, from €2,946 to -€616
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,074 | €150,518 | +€10,444 | +7.5% |
| Fixed assets | 21/28 | €98,005 | €115,345 | +€17,340 | +17.7% |
| Tangible fixed assets | 22/27 | €98,005 | €115,345 | +€17,340 | +17.7% |
| Plant, machinery and equipment | 23 | €89,567 | €100,337 | +€10,770 | +12.0% |
| Furniture and vehicles | 24 | €8,438 | €15,008 | +€6,570 | +77.9% |
| Current assets | 29/58 | €42,069 | €35,173 | -€6,896 | -16.4% |
| Stocks and contracts in progress | 3 | €17,500 | €19,500 | +€2,000 | +11.4% |
| Stocks | 30/36 | €17,500 | €19,500 | +€2,000 | +11.4% |
| Amounts receivable within one year | 40/41 | €24,196 | €15,673 | -€8,524 | -35.2% |
| Trade receivables | 40 | €18,678 | €11,208 | -€7,470 | -40.0% |
| Other amounts receivable | 41 | €5,518 | €4,465 | -€1,054 | -19.1% |
| Cash at bank and in hand | 54/58 | €373 | - | -€373 | |
| Total equity and liabilities | 10/49 | €140,074 | €150,518 | +€10,444 | +7.5% |
| Equity | 10/15 | €8,211 | €17,487 | +€9,276 | +113% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,789 | -€2,513 | +€9,276 | +78.7% |
| Amounts payable | 17/49 | €131,863 | €133,031 | +€1,168 | +0.9% |
| Amounts payable after more than one year | 17 | €16,101 | - | -€16,101 | |
| Financial debts | 170/4 | €16,101 | - | -€16,101 | |
| Amounts payable within one year | 42/48 | €115,763 | €133,031 | +€17,268 | +14.9% |
| Financial debts | 43 | - | €948 | +€948 | |
| Credit institutions | 430/8 | - | €948 | +€948 | |
| Trade debts | 44 | €19,067 | €32,009 | +€12,942 | +67.9% |
| Suppliers | 440/4 | €19,067 | €32,009 | +€12,942 | +67.9% |
| Taxes, remuneration and social security | 45 | €103 | €386 | +€283 | +275% |
| Taxes | 450/3 | €103 | €386 | +€283 | +275% |
| Other amounts payable | 47/48 | €96,593 | €99,687 | +€3,094 | +3.2% |
| Non-recurring operating income | 76A | - | €10,393 | +€10,393 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,084 | €26,266 | +€12,183 | +86.5% |
| Other operating charges | 640/8 | €1,074 | €825 | -€249 | -23.2% |
| Gross operating margin | 9900 | €6,300 | €36,040 | +€29,740 | +472% |
| Operating profit (loss) | 9901 | -€8,858 | €8,949 | +€17,807 | |
| Financial income | 75/76B | €14 | - | -€14 | |
| Recurring financial income | 75 | €14 | - | -€14 | |
| Financial charges | 65/66B | €2,946 | -€616 | -€3,562 | |
| Recurring financial charges | 65 | €2,946 | -€616 | -€3,562 | |
| Profit (loss) for the period before taxes | 9903 | -€11,789 | €9,565 | +€21,354 | |
| Income taxes | 67/77 | - | €289 | +€289 | |
| Profit (loss) for the period | 9904 | -€11,789 | €9,276 | +€21,066 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,789 | €9,276 | +€21,066 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.