POPPINS: what changed
Two fiscal 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.
POPPINS
Largest movements
- Receivables within one year +€17,762
up €17,762 (+72.8%), from €24,406 to €42,168
- Tangible fixed assets -€10,052
down €10,052 (-4.8%), from €210,895 to €200,844
of which Land and buildings: -€8,405
- Cash +€6,637
up €6,637 (+1085.8%), from €611 to €7,248
mainly Depreciation (+€10,052) and Net result for the year (+€9,745)
- Reserves +€10,000
up €10,000 (+4.6%), from €219,660 to €229,660
of which Distributable reserves: +€10,000
- Accrued charges and deferred income +€2,575
up €2,575 (+730.0%), from €353 to €2,928
- Financial income +€1,804
new in 2025: €1,804
- Gross operating margin +€1,774
up €1,774 (+8.0%), from €22,047 to €23,821
- Taxes +€987
up €987 (+37.1%), from €2,663 to €3,650
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.
Cash bridge derived
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 | €238,747 | €253,028 | +€14,282 | +6.0% |
| Fixed assets | 21/28 | €213,664 | €203,613 | -€10,052 | -4.7% |
| Tangible fixed assets | 22/27 | €210,895 | €200,844 | -€10,052 | -4.8% |
| Land and buildings | 22 | €201,589 | €193,184 | -€8,405 | -4.2% |
| Other tangible fixed assets | 26 | €9,306 | €7,659 | -€1,647 | -17.7% |
| Financial fixed assets | 28 | €2,769 | €2,769 | = | 0.0% |
| Current assets | 29/58 | €25,082 | €49,416 | +€24,333 | +97.0% |
| Amounts receivable within one year | 40/41 | €24,406 | €42,168 | +€17,762 | +72.8% |
| Other amounts receivable | 41 | €24,406 | €42,168 | +€17,762 | +72.8% |
| Cash at bank and in hand | 54/58 | €611 | €7,248 | +€6,637 | +1085.8% |
| Deferred charges and accrued income | 490/1 | €65 | - | -€65 | |
| Total equity and liabilities | 10/49 | €238,747 | €253,028 | +€14,282 | +6.0% |
| Equity | 10/15 | €232,941 | €242,685 | +€9,745 | +4.2% |
| Contributions | 10/11 | €12,700 | €12,700 | = | 0.0% |
| Reserves | 13 | €219,660 | €229,660 | +€10,000 | +4.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €217,800 | €227,800 | +€10,000 | +4.6% |
| Profit (loss) carried forward | 14 | €581 | €325 | -€255 | -43.9% |
| Provisions and deferred taxes | 16 | €2,000 | €2,000 | = | 0.0% |
| Deferred taxes | 168 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €3,806 | €8,343 | +€4,537 | +119.2% |
| Amounts payable within one year | 42/48 | €3,453 | €5,415 | +€1,961 | +56.8% |
| Trade debts | 44 | €790 | €1,765 | +€974 | +123.3% |
| Suppliers | 440/4 | €790 | €1,765 | +€974 | +123.3% |
| Taxes, remuneration and social security | 45 | €2,663 | €3,650 | +€987 | +37.1% |
| Taxes | 450/3 | €2,663 | €3,650 | +€987 | +37.1% |
| Accrued charges and deferred income | 492/3 | €353 | €2,928 | +€2,575 | +730.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,052 | €10,052 | = | 0.0% |
| Other operating charges | 640/8 | €1,658 | €1,870 | +€212 | +12.8% |
| Gross operating margin | 9900 | €22,047 | €23,821 | +€1,774 | +8.0% |
| Operating profit (loss) | 9901 | €10,337 | €11,899 | +€1,562 | +15.1% |
| Financial income | 75/76B | - | €1,804 | +€1,804 | |
| Recurring financial income | 75 | - | €1,804 | +€1,804 | |
| Financial charges | 65/66B | €359 | €308 | -€51 | -14.1% |
| Recurring financial charges | 65 | €359 | €308 | -€51 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €9,979 | €13,395 | +€3,416 | +34.2% |
| Income taxes | 67/77 | €2,663 | €3,650 | +€987 | +37.1% |
| Profit (loss) for the period | 9904 | €7,316 | €9,745 | +€2,429 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,316 | €9,745 | +€2,429 | +33.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.