POPPORTA: 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.
POPPORTA
Largest movements
- Tangible fixed assets -€10,035
down €10,035 (-2.1%), from €484,539 to €474,504
of which Land and buildings: -€14,573
- Receivables within one year -€8,820
down €8,820 (-95.0%), from €9,280 to €460
of which Trade receivables: -€6,124
- Current portion of long-term debt +€16,391
up €16,391 (+195.2%), from €8,395 to €24,786
- Reserves -€10,121
down €10,121 (-4.7%), from €213,760 to €203,639
of which Tax-exempt reserves: -€10,121
- Debts after one year -€8,250
down €8,250 (-5.7%), from €145,506 to €137,256
- Tax, wage and social debts -€7,587
down €7,587 (-61.9%), from €12,254 to €4,667
of which Taxes: -€4,892
- Gross operating margin +€7,531
up €7,531 (+32.3%), from €23,306 to €30,837
- Taxes -€4,334
down €4,334 (-92.7%), from €4,675 to €341
- Financial income -€3,554
down €3,554 (-81.2%), from €4,379 to €825
of which Non-recurring financial income: -€3,454
- Depreciation +€3,268
up €3,268 (+9.7%), from €33,629 to €36,897
- Other operating charges +€1,184
up €1,184 (+45.6%), from €2,594 to €3,778
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 | €567,163 | €551,733 | -€15,430 | -2.7% |
| Fixed assets | 21/28 | €484,663 | €474,628 | -€10,035 | -2.1% |
| Tangible fixed assets | 22/27 | €484,539 | €474,504 | -€10,035 | -2.1% |
| Land and buildings | 22 | €484,539 | €469,966 | -€14,573 | -3.0% |
| Plant, machinery and equipment | 23 | - | €4,538 | +€4,538 | |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €82,500 | €77,105 | -€5,395 | -6.5% |
| Amounts receivable within one year | 40/41 | €9,280 | €460 | -€8,820 | -95.0% |
| Trade receivables | 40 | €6,584 | €460 | -€6,124 | -93.0% |
| Other amounts receivable | 41 | €2,696 | - | -€2,696 | |
| Current investments | 50/53 | €53,215 | €53,543 | +€328 | +0.6% |
| Cash at bank and in hand | 54/58 | €20,005 | €23,102 | +€3,097 | +15.5% |
| Total equity and liabilities | 10/49 | €567,163 | €551,733 | -€15,430 | -2.7% |
| Equity | 10/15 | €279,573 | €266,474 | -€13,099 | -4.7% |
| Contributions | 10/11 | €19,336 | €19,336 | = | 0.0% |
| Capital | 10 | €19,336 | €19,336 | = | 0.0% |
| Issued capital | 100 | €19,336 | €19,336 | = | 0.0% |
| Reserves | 13 | €213,760 | €203,639 | -€10,121 | -4.7% |
| Non-distributable reserves | 130/1 | €1,455 | €1,455 | = | 0.0% |
| Legal reserve | 130 | €1,455 | €1,455 | = | 0.0% |
| Tax-exempt reserves | 132 | €192,305 | €182,184 | -€10,121 | -5.3% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,477 | €43,499 | -€2,978 | -6.4% |
| Provisions and deferred taxes | 16 | €48,076 | €45,546 | -€2,530 | -5.3% |
| Deferred taxes | 168 | €48,076 | €45,546 | -€2,530 | -5.3% |
| Amounts payable | 17/49 | €239,514 | €239,713 | +€199 | +0.1% |
| Amounts payable after more than one year | 17 | €145,506 | €137,256 | -€8,250 | -5.7% |
| Financial debts | 170/4 | €145,506 | €137,256 | -€8,250 | -5.7% |
| Amounts payable within one year | 42/48 | €94,008 | €102,457 | +€8,449 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €8,395 | €24,786 | +€16,391 | +195.2% |
| Trade debts | 44 | €424 | €3,489 | +€3,065 | +722.9% |
| Suppliers | 440/4 | €424 | €3,489 | +€3,065 | +722.9% |
| Advances received on contracts in progress | 46 | €935 | €2,015 | +€1,080 | +115.5% |
| Taxes, remuneration and social security | 45 | €12,254 | €4,667 | -€7,587 | -61.9% |
| Taxes | 450/3 | €6,794 | €1,902 | -€4,892 | -72.0% |
| Remuneration and social security | 454/9 | €5,460 | €2,765 | -€2,695 | -49.4% |
| Other amounts payable | 47/48 | €72,000 | €67,500 | -€4,500 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,629 | €36,897 | +€3,268 | +9.7% |
| Other operating charges | 640/8 | €2,594 | €3,778 | +€1,184 | +45.6% |
| Gross operating margin | 9900 | €23,306 | €30,837 | +€7,531 | +32.3% |
| Operating profit (loss) | 9901 | -€12,917 | -€9,838 | +€3,079 | +23.8% |
| Financial income | 75/76B | €4,379 | €825 | -€3,554 | -81.2% |
| Recurring financial income | 75 | €925 | €825 | -€100 | -10.8% |
| Non-recurring financial income | 76B | €3,454 | €0 | -€3,454 | -100.0% |
| Financial charges | 65/66B | €7,165 | €6,275 | -€890 | -12.4% |
| Recurring financial charges | 65 | €6,524 | €6,275 | -€249 | -3.8% |
| Non-recurring financial charges | 66B | €641 | - | -€641 | |
| Profit (loss) for the period before taxes | 9903 | -€15,703 | -€15,288 | +€415 | +2.6% |
| Transfer from deferred taxes | 780 | - | €2,530 | +€2,530 | |
| Transfer to deferred taxes | 680 | €48,077 | - | -€48,077 | |
| Income taxes | 67/77 | €4,675 | €341 | -€4,334 | -92.7% |
| Profit (loss) for the period | 9904 | -€68,455 | -€13,099 | +€55,356 | +80.9% |
| Transfer from tax-exempt reserves | 789 | €87,892 | €10,121 | -€77,771 | -88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,437 | -€2,978 | -€22,415 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.