POPPELSE CONSTRUCTIEWERKEN: 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.
POPPELSE CONSTRUCTIEWERKEN
Largest movements
- Cash -€203,738
down €203,738 (-74.4%), from €273,666 to €69,928
mainly Short-term financial debts (-€170,000) and Debts after one year (-€143,081)
- Deferred charges and accrued income -€108,000
down €108,000 (-100%), from €108,000 to €0
- Tangible fixed assets -€104,527
down €104,527 (-5.8%), from €1.8m to €1.7m
of which Land and buildings: -€72,003
- Short-term financial debts -€170,000
down €170,000 (-100%), from €170,000 to €0
- Debts after one year -€143,081
down €143,081 (-17.4%), from €824,275 to €681,194
- Reserves -€69,926
down €69,926 (-24.1%), from €290,726 to €220,800
of which Distributable reserves: -€69,926
- Other operating income -€710,461
down €710,461 (-97.8%), from €726,224 to €15,763
- Taxes -€169,930
down €169,930 (-99.5%), from €170,866 to €936
- Turnover -€37,396
down €37,396 (-12.9%), from €290,655 to €253,259
- Depreciation -€31,472
down €31,472 (-23.1%), from €135,999 to €104,527
- Staff costs +€20,492
up €20,492 (+23.1%), from €88,763 to €109,255
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 | €2,357,022 | €1,961,307 | -€395,715 | -16.8% |
| Fixed assets | 21/28 | €1,814,287 | €1,709,760 | -€104,527 | -5.8% |
| Tangible fixed assets | 22/27 | €1,814,287 | €1,709,760 | -€104,527 | -5.8% |
| Land and buildings | 22 | €1,685,479 | €1,613,476 | -€72,003 | -4.3% |
| Furniture and vehicles | 24 | €128,808 | €96,284 | -€32,524 | -25.2% |
| Current assets | 29/58 | €542,735 | €251,547 | -€291,189 | -53.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | - | = | |
| Property held for sale | 35 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €161,069 | €181,619 | +€20,550 | +12.8% |
| Trade receivables | 40 | €8,943 | €43,322 | +€34,379 | +384% |
| Other amounts receivable | 41 | €152,127 | €138,297 | -€13,829 | -9.1% |
| Cash at bank and in hand | 54/58 | €273,666 | €69,928 | -€203,738 | -74.4% |
| Deferred charges and accrued income | 490/1 | €108,000 | €0 | -€108,000 | -100% |
| Total equity and liabilities | 10/49 | €2,357,022 | €1,961,307 | -€395,715 | -16.8% |
| Equity | 10/15 | €310,726 | €240,800 | -€69,926 | -22.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €290,726 | €220,800 | -€69,926 | -24.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €290,726 | €220,800 | -€69,926 | -24.1% |
| Amounts payable | 17/49 | €2,046,296 | €1,720,507 | -€325,789 | -15.9% |
| Amounts payable after more than one year | 17 | €824,275 | €681,194 | -€143,081 | -17.4% |
| Financial debts | 170/4 | €824,275 | €681,194 | -€143,081 | -17.4% |
| Credit institutions | 173 | €824,275 | €681,194 | -€143,081 | -17.4% |
| Amounts payable within one year | 42/48 | €1,222,021 | €1,039,313 | -€182,708 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €138,338 | €143,081 | +€4,743 | +3.4% |
| Financial debts | 43 | €170,000 | €0 | -€170,000 | -100% |
| Credit institutions | 430/8 | €170,000 | €0 | -€170,000 | -100% |
| Trade debts | 44 | €280,292 | €269,760 | -€10,532 | -3.8% |
| Suppliers | 440/4 | €280,292 | €269,760 | -€10,532 | -3.8% |
| Taxes, remuneration and social security | 45 | €16,628 | €18,383 | +€1,755 | +10.6% |
| Taxes | 450/3 | €6,594 | €6,989 | +€395 | +6.0% |
| Remuneration and social security | 454/9 | €10,033 | €11,394 | +€1,360 | +13.6% |
| Other amounts payable | 47/48 | €616,763 | €608,089 | -€8,674 | -1.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €1,016,879 | €269,022 | -€747,857 | -73.5% |
| Turnover | 70 | €290,655 | €253,259 | -€37,396 | -12.9% |
| Other operating income | 74 | €726,224 | €15,763 | -€710,461 | -97.8% |
| Operating charges | 60/66A | €317,156 | €300,578 | -€16,578 | -5.2% |
| Goods for resale, raw materials and consumables | 60 | €7,263 | €4,514 | -€2,749 | -37.8% |
| Purchases | 600/8 | €7,263 | €4,514 | -€2,749 | -37.8% |
| Change in stocks: decrease (increase) | 609 | €0 | - | = | |
| Services and other goods | 61 | €69,830 | €58,237 | -€11,593 | -16.6% |
| Remuneration, social security and pensions | 62 | €88,763 | €109,255 | +€20,492 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,999 | €104,527 | -€31,472 | -23.1% |
| Other operating charges | 640/8 | €15,301 | €24,045 | +€8,744 | +57.1% |
| Operating profit (loss) | 9901 | €699,723 | -€31,557 | -€731,279 | |
| Financial income | 75/76B | €599 | €138 | -€461 | -77.0% |
| Recurring financial income | 75 | €599 | €138 | -€461 | -77.0% |
| Income from current assets | 751 | €599 | €138 | -€461 | -77.0% |
| Financial charges | 65/66B | €53,517 | €37,571 | -€15,946 | -29.8% |
| Recurring financial charges | 65 | €53,517 | €37,571 | -€15,946 | -29.8% |
| Debt charges | 650 | €53,285 | €37,322 | -€15,963 | -30.0% |
| Other financial charges | 652/9 | €232 | €249 | +€17 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €646,804 | -€68,990 | -€715,794 | |
| Income taxes | 67/77 | €170,866 | €936 | -€169,930 | -99.5% |
| Taxes | 670/3 | €170,866 | €936 | -€169,930 | -99.5% |
| Profit (loss) for the period | 9904 | €475,938 | -€69,926 | -€545,864 | |
| Profit (loss) for the period to be appropriated | 9905 | €475,938 | -€69,926 | -€545,864 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.