POPTRADE: 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.
POPTRADE
Largest movements
- Receivables within one year +€32,682
up €32,682 (+1.8%), from €1.8m to €1.9m
of which Other amounts receivable: +€32,899
- Cash +€20,068
up €20,068 (+10,054%), from €200 to €20,268
mainly Net result for the year (+€51,946) and Depreciation (+€1,130)
- Reserves +€51,946
up €51,946 (+2.8%), from €1.8m to €1.9m
of which Distributable reserves: +€51,946
- Financial charges -€15,681
down €15,681 (-96.3%), from €16,289 to €608
- Gross operating margin +€842
up €842 (+23.6%), from €3,571 to €4,413
- Other operating charges +€830
up €830 (+38.5%), from €2,157 to €2,987
- Depreciation +€150
up €150 (+15.2%), from €981 to €1,130
- Financial income +€140
up €140 (+0.3%), from €52,119 to €52,259
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 | €1,889,047 | €1,940,666 | +€51,620 | +2.7% |
| Fixed assets | 21/28 | €63,834 | €62,704 | -€1,130 | -1.8% |
| Tangible fixed assets | 22/27 | €33,552 | €32,422 | -€1,130 | -3.4% |
| Land and buildings | 22 | €33,552 | €32,422 | -€1,130 | -3.4% |
| Financial fixed assets | 28 | €30,282 | €30,282 | = | 0.0% |
| Current assets | 29/58 | €1,825,213 | €1,877,963 | +€52,750 | +2.9% |
| Amounts receivable within one year | 40/41 | €1,825,013 | €1,857,695 | +€32,682 | +1.8% |
| Trade receivables | 40 | €1,211 | €994 | -€217 | -17.9% |
| Other amounts receivable | 41 | €1,823,802 | €1,856,701 | +€32,899 | +1.8% |
| Cash at bank and in hand | 54/58 | €200 | €20,268 | +€20,068 | +10,054% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,889,047 | €1,940,666 | +€51,620 | +2.7% |
| Equity | 10/15 | €1,868,391 | €1,920,338 | +€51,946 | +2.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,849,799 | €1,901,746 | +€51,946 | +2.8% |
| Tax-exempt reserves | 132 | €19,639 | €19,639 | = | 0.0% |
| Distributable reserves | 133 | €1,830,160 | €1,882,107 | +€51,946 | +2.8% |
| Amounts payable | 17/49 | €20,655 | €20,328 | -€327 | -1.6% |
| Amounts payable within one year | 42/48 | €20,655 | €20,298 | -€357 | -1.7% |
| Trade debts | 44 | €2,200 | €2,225 | +€26 | +1.2% |
| Suppliers | 440/4 | €2,200 | €2,225 | +€26 | +1.2% |
| Taxes, remuneration and social security | 45 | - | €191 | +€191 | |
| Taxes | 450/3 | - | €191 | +€191 | |
| Other amounts payable | 47/48 | €18,456 | €17,882 | -€574 | -3.1% |
| Accrued charges and deferred income | 492/3 | - | €30 | +€30 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €981 | €1,130 | +€150 | +15.2% |
| Other operating charges | 640/8 | €2,157 | €2,987 | +€830 | +38.5% |
| Gross operating margin | 9900 | €3,571 | €4,413 | +€842 | +23.6% |
| Operating profit (loss) | 9901 | €433 | €295 | -€138 | -31.8% |
| Financial income | 75/76B | €52,119 | €52,259 | +€140 | +0.3% |
| Recurring financial income | 75 | €52,119 | €52,259 | +€140 | +0.3% |
| Financial charges | 65/66B | €16,289 | €608 | -€15,681 | -96.3% |
| Recurring financial charges | 65 | €16,289 | €608 | -€15,681 | -96.3% |
| Profit (loss) for the period before taxes | 9903 | €36,263 | €51,946 | +€15,683 | +43.2% |
| Profit (loss) for the period | 9904 | €36,263 | €51,946 | +€15,683 | +43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,263 | €51,946 | +€15,683 | +43.2% |
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 22 October 2026 via checked.be.