POPPY-ROSE: what changed
What changed
POPPY-ROSE
NACE 46.160, Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
filed annual accounts (NBB)
Net result for the year
€83,896
2024 · €49,802+€34,094
Equity
€303,326
2024 · €219,430+€83,896
Cash
€312,317
2024 · €202,577+€109,740
Balance sheet total
€488,285
2024 · €402,348+€85,937
Largest movements
Assets
- Cash +€109,740
up €109,740 (+54.2%), from €202,577 to €312,317
mainly Net result for the year (+€83,896) and Tax, wage and social debts (+€23,313)
- Stocks and contracts -€10,343
down €10,343 (-7.6%), from €135,445 to €125,102
- Tangible fixed assets -€7,063
down €7,063 (-19.6%), from €35,946 to €28,883
of which Land and buildings: -€3,822
Equity and liabilities
- Reserves +€83,896
up €83,896 (+60.2%), from €139,430 to €223,326
- Tax, wage and social debts +€23,313
up €23,313 (+33.6%), from €69,332 to €92,645
of which Taxes: +€23,266
- Current portion of long-term debt -€15,868
down €15,868 (-91.6%), from €17,325 to €1,457
Income statement
- Gross operating margin +€45,763
up €45,763 (+33.0%), from €138,686 to €184,449
- Taxes +€20,929
up €20,929 (+102%), from €20,588 to €41,516
- Depreciation -€7,830
down €7,830 (-49.0%), from €15,983 to €8,153
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€49,802
Gross operating margin
+€45,763
Staff costs
+€1,807
Depreciation
+€7,830
Other operating charges
+€346
Financial income
-€1,325
Financial charges
+€602
Taxes
-€20,929
Result 2025
€83,896
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€124,873
Investment
+€2,186
Financing
-€17,319
Cash 2024
€202,577
From operations (derived)
+€124,873
Net result for the year
+€83,896
Depreciation
+€8,153
Stocks and contracts
+€10,343
Receivables within one year
+€2,701
Deferred charges and accrued income
+€421
Trade debts
-€4,777
Tax, wage and social debts
+€23,313
Other debts
+€825
Investment (derived)
+€2,186
Investment in fixed assets (net)
+€2,186
Financing
-€17,319
Debts after one year
-€1,452
Current portion of long-term debt
-€15,868
Cash 2025
€312,317
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €402,348 | €488,285 | +€85,937 | +21.4% |
| Fixed assets | 21/28 | €39,899 | €29,560 | -€10,339 | -25.9% |
| Intangible fixed assets | 21 | €95 | - | -€95 | |
| Tangible fixed assets | 22/27 | €35,946 | €28,883 | -€7,063 | -19.6% |
| Land and buildings | 22 | €22,921 | €19,099 | -€3,822 | -16.7% |
| Plant, machinery and equipment | 23 | €3,896 | €3,387 | -€509 | -13.1% |
| Other tangible fixed assets | 26 | €9,129 | €6,397 | -€2,732 | -29.9% |
| Financial fixed assets | 28 | €3,858 | €677 | -€3,180 | -82.4% |
| Current assets | 29/58 | €362,449 | €458,725 | +€96,276 | +26.6% |
| Stocks and contracts in progress | 3 | €135,445 | €125,102 | -€10,343 | -7.6% |
| Stocks | 30/36 | €135,445 | €125,102 | -€10,343 | -7.6% |
| Amounts receivable within one year | 40/41 | €24,007 | €21,306 | -€2,701 | -11.2% |
| Trade receivables | 40 | €7,665 | €4,965 | -€2,701 | -35.2% |
| Other amounts receivable | 41 | €16,342 | €16,342 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €202,577 | €312,317 | +€109,740 | +54.2% |
| Deferred charges and accrued income | 490/1 | €421 | - | -€421 | |
| Total equity and liabilities | 10/49 | €402,348 | €488,285 | +€85,937 | +21.4% |
| Equity | 10/15 | €219,430 | €303,326 | +€83,896 | +38.2% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €139,430 | €223,326 | +€83,896 | +60.2% |
| Distributable reserves | 133 | €139,430 | €223,326 | +€83,896 | +60.2% |
| Amounts payable | 17/49 | €182,918 | €184,960 | +€2,041 | +1.1% |
| Amounts payable after more than one year | 17 | €13,280 | €11,829 | -€1,452 | -10.9% |
| Financial debts | 170/4 | €13,280 | €11,829 | -€1,452 | -10.9% |
| Amounts payable within one year | 42/48 | €168,279 | €171,772 | +€3,493 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €17,325 | €1,457 | -€15,868 | -91.6% |
| Trade debts | 44 | €81,622 | €76,846 | -€4,777 | -5.9% |
| Suppliers | 440/4 | €81,622 | €76,846 | -€4,777 | -5.9% |
| Taxes, remuneration and social security | 45 | €69,332 | €92,645 | +€23,313 | +33.6% |
| Taxes | 450/3 | €57,018 | €80,284 | +€23,266 | +40.8% |
| Remuneration and social security | 454/9 | €12,314 | €12,361 | +€47 | +0.4% |
| Other amounts payable | 47/48 | - | €825 | +€825 | |
| Accrued charges and deferred income | 492/3 | €1,359 | €1,359 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €45,075 | €43,268 | -€1,807 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,983 | €8,153 | -€7,830 | -49.0% |
| Other operating charges | 640/8 | €1,989 | €1,643 | -€346 | -17.4% |
| Gross operating margin | 9900 | €138,686 | €184,449 | +€45,763 | +33.0% |
| Operating profit (loss) | 9901 | €75,639 | €131,385 | +€55,746 | +73.7% |
| Financial income | 75/76B | €2,102 | €777 | -€1,325 | -63.0% |
| Recurring financial income | 75 | €2,102 | €777 | -€1,325 | -63.0% |
| Financial charges | 65/66B | €7,351 | €6,750 | -€602 | -8.2% |
| Recurring financial charges | 65 | €7,274 | €6,750 | -€524 | -7.2% |
| Non-recurring financial charges | 66B | €77 | - | -€77 | |
| Profit (loss) for the period before taxes | 9903 | €70,389 | €125,412 | +€55,023 | +78.2% |
| Income taxes | 67/77 | €20,588 | €41,516 | +€20,929 | +102% |
| Profit (loss) for the period | 9904 | €49,802 | €83,896 | +€34,094 | +68.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,802 | €83,896 | +€34,094 | +68.5% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.