Poppinette: 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.
Poppinette
Largest movements
- Current investments +€117,500
new in 2025: €117,500
- Cash -€95,693
down €95,693 (-81.3%), from €117,683 to €21,990
mainly Current investments (-€117,500) and Contributions, distributions and other (-€9,125)
- Receivables within one year -€2,972
down €2,972 (-19.4%), from €15,351 to €12,378
of which Other amounts receivable: -€6,905
- Reserves +€21,946
up €21,946 (+20.4%), from €107,724 to €129,670
- Other debts -€1,906
down €1,906 (-95.4%), from €1,999 to €93
- Gross operating margin +€39,965
up €39,965 (+913%), from €4,376 to €44,341
- Taxes +€10,518
up €10,518 (+759%), from €1,385 to €11,904
- Financial income -€2,613
down €2,613 (-72.0%), from €3,630 to €1,017
- Depreciation -€1,062
down €1,062 (-63.2%), from €1,679 to €617
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 | €134,012 | €154,212 | +€20,200 | +15.1% |
| Fixed assets | 21/28 | €978 | €2,217 | +€1,239 | +127% |
| Tangible fixed assets | 22/27 | €978 | €2,217 | +€1,239 | +127% |
| Furniture and vehicles | 24 | €978 | €2,217 | +€1,239 | +127% |
| Current assets | 29/58 | €133,034 | €151,995 | +€18,961 | +14.3% |
| Amounts receivable within one year | 40/41 | €15,351 | €12,378 | -€2,972 | -19.4% |
| Trade receivables | 40 | €8,446 | €12,378 | +€3,933 | +46.6% |
| Other amounts receivable | 41 | €6,905 | - | -€6,905 | |
| Current investments | 50/53 | - | €117,500 | +€117,500 | |
| Cash at bank and in hand | 54/58 | €117,683 | €21,990 | -€95,693 | -81.3% |
| Deferred charges and accrued income | 490/1 | - | €126 | +€126 | |
| Total equity and liabilities | 10/49 | €134,012 | €154,212 | +€20,200 | +15.1% |
| Equity | 10/15 | €127,724 | €149,670 | +€21,946 | +17.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €107,724 | €129,670 | +€21,946 | +20.4% |
| Distributable reserves | 133 | €107,724 | €129,670 | +€21,946 | +20.4% |
| Amounts payable | 17/49 | €6,288 | €4,542 | -€1,746 | -27.8% |
| Amounts payable within one year | 42/48 | €5,978 | €4,504 | -€1,474 | -24.7% |
| Trade debts | 44 | €1,301 | €1,073 | -€228 | -17.5% |
| Suppliers | 440/4 | €1,301 | €1,073 | -€228 | -17.5% |
| Taxes, remuneration and social security | 45 | €2,678 | €3,338 | +€660 | +24.6% |
| Taxes | 450/3 | €2,678 | €3,338 | +€660 | +24.6% |
| Other amounts payable | 47/48 | €1,999 | €93 | -€1,906 | -95.4% |
| Accrued charges and deferred income | 492/3 | €310 | €38 | -€272 | -87.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,679 | €617 | -€1,062 | -63.2% |
| Other operating charges | 640/8 | €905 | €823 | -€82 | -9.1% |
| Gross operating margin | 9900 | €4,376 | €44,341 | +€39,965 | +913% |
| Operating profit (loss) | 9901 | €1,792 | €42,901 | +€41,109 | +2,294% |
| Financial income | 75/76B | €3,630 | €1,017 | -€2,613 | -72.0% |
| Recurring financial income | 75 | €3,630 | €1,017 | -€2,613 | -72.0% |
| Financial charges | 65/66B | €940 | €944 | +€4 | +0.4% |
| Recurring financial charges | 65 | €940 | €944 | +€4 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €4,482 | €42,974 | +€38,492 | +859% |
| Income taxes | 67/77 | €1,385 | €11,904 | +€10,518 | +759% |
| Profit (loss) for the period | 9904 | €3,097 | €31,070 | +€27,974 | +903% |
| Profit (loss) for the period to be appropriated | 9905 | €3,097 | €31,070 | +€27,974 | +903% |
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.