POPSSS: 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.
POPSSS
Largest movements
- Cash +€6,455
up €6,455 (+129%), from €4,991 to €11,445
mainly Net result for the year (+€8,342) and Receivables within one year (+€5,596)
- Receivables within one year -€5,596
down €5,596 (-47.9%), from €11,675 to €6,079
of which Trade receivables: -€5,641
- Stocks and contracts -€4,436
down €4,436 (-10.5%), from €42,192 to €37,756
- Tangible fixed assets -€3,278
down €3,278 (-36.6%), from €8,952 to €5,674
of which Furniture and vehicles: -€2,128
- Trade debts -€9,672
down €9,672 (-34.8%), from €27,812 to €18,139
of which Suppliers: -€9,792
- Profit (loss) carried forward +€8,342
up €8,342 (+30.2%), from -€27,641 to -€19,299
- Other debts -€6,849
down €6,849 (-12.4%), from €55,427 to €48,578
- Tax, wage and social debts +€1,077
up €1,077 (+29.6%), from €3,635 to €4,712
- Write-downs -€1,778
no longer reported in 2025 (was €1,778)
- Depreciation +€805
up €805 (+32.6%), from €2,472 to €3,278
- Gross operating margin +€288
up €288 (+1.7%), from €16,751 to €17,038
- Financial charges -€280
down €280 (-19.6%), from €1,428 to €1,148
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 | €73,394 | €66,425 | -€6,969 | -9.5% |
| Fixed assets | 21/28 | €13,481 | €10,234 | -€3,247 | -24.1% |
| Tangible fixed assets | 22/27 | €8,952 | €5,674 | -€3,278 | -36.6% |
| Plant, machinery and equipment | 23 | €3,313 | €2,163 | -€1,150 | -34.7% |
| Furniture and vehicles | 24 | €5,638 | €3,510 | -€2,128 | -37.7% |
| Financial fixed assets | 28 | €4,529 | €4,560 | +€31 | +0.7% |
| Current assets | 29/58 | €59,914 | €56,192 | -€3,722 | -6.2% |
| Stocks and contracts in progress | 3 | €42,192 | €37,756 | -€4,436 | -10.5% |
| Stocks | 30/36 | €42,192 | €37,756 | -€4,436 | -10.5% |
| Amounts receivable within one year | 40/41 | €11,675 | €6,079 | -€5,596 | -47.9% |
| Trade receivables | 40 | €11,614 | €5,973 | -€5,641 | -48.6% |
| Other amounts receivable | 41 | €61 | €106 | +€45 | +74.2% |
| Cash at bank and in hand | 54/58 | €4,991 | €11,445 | +€6,455 | +129% |
| Deferred charges and accrued income | 490/1 | €1,056 | €912 | -€144 | -13.7% |
| Total equity and liabilities | 10/49 | €73,394 | €66,425 | -€6,969 | -9.5% |
| Equity | 10/15 | -€13,744 | -€5,402 | +€8,342 | +60.7% |
| Contributions | 10/11 | €7,438 | €7,438 | = | 0.0% |
| Reserves | 13 | €6,459 | €6,459 | = | 0.0% |
| Distributable reserves | 133 | €6,459 | €6,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,641 | -€19,299 | +€8,342 | +30.2% |
| Amounts payable | 17/49 | €87,139 | €71,828 | -€15,311 | -17.6% |
| Amounts payable within one year | 42/48 | €87,119 | €71,816 | -€15,303 | -17.6% |
| Trade debts | 44 | €27,812 | €18,139 | -€9,672 | -34.8% |
| Suppliers | 440/4 | €27,660 | €17,868 | -€9,792 | -35.4% |
| Bills of exchange payable | 441 | €152 | €272 | +€120 | +78.6% |
| Advances received on contracts in progress | 46 | €245 | €387 | +€142 | +58.0% |
| Taxes, remuneration and social security | 45 | €3,635 | €4,712 | +€1,077 | +29.6% |
| Taxes | 450/3 | €3,635 | €4,712 | +€1,077 | +29.6% |
| Other amounts payable | 47/48 | €55,427 | €48,578 | -€6,849 | -12.4% |
| Accrued charges and deferred income | 492/3 | €20 | €12 | -€8 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,472 | €3,278 | +€805 | +32.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,778 | - | -€1,778 | |
| Other operating charges | 640/8 | €4,015 | €4,007 | -€7 | -0.2% |
| Gross operating margin | 9900 | €16,751 | €17,038 | +€288 | +1.7% |
| Operating profit (loss) | 9901 | €8,485 | €9,753 | +€1,268 | +14.9% |
| Financial income | 75/76B | €26 | €37 | +€10 | +39.0% |
| Recurring financial income | 75 | €26 | €37 | +€10 | +39.0% |
| Financial charges | 65/66B | €1,428 | €1,148 | -€280 | -19.6% |
| Recurring financial charges | 65 | €1,428 | €1,148 | -€280 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €7,084 | €8,642 | +€1,558 | +22.0% |
| Income taxes | 67/77 | €303 | €300 | -€4 | -1.2% |
| Profit (loss) for the period | 9904 | €6,781 | €8,342 | +€1,562 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,781 | €8,342 | +€1,562 | +23.0% |
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 13 October 2026 via checked.be.