POPY AVENTURES: 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.
POPY AVENTURES
Largest movements
- Tangible fixed assets -€23,919
down €23,919 (-36.4%), from €65,622 to €41,703
- Debts after one year -€23,298
down €23,298 (-32.7%), from €71,258 to €47,960
- Profit (loss) carried forward -€13,997
down €13,997 (-9.0%), from -€155,640 to -€169,637
- Accrued charges and deferred income +€10,000
up €10,000 (+23.8%), from €42,000 to €52,000
- Trade debts +€3,474
up €3,474 (+15.0%), from €23,236 to €26,710
- Other debts -€1,322
down €1,322 (-2.2%), from €59,234 to €57,912
- Gross operating margin -€6,335
down €6,335 (-30.2%), from €21,007 to €14,672
- Staff costs -€1,449
down €1,449 (-42.0%), from €3,451 to €2,002
- Financial charges -€453
down €453 (-16.5%), from €2,751 to €2,298
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 | €69,101 | €45,586 | -€23,515 | -34.0% |
| Fixed assets | 21/28 | €65,622 | €41,703 | -€23,919 | -36.4% |
| Tangible fixed assets | 22/27 | €65,622 | €41,703 | -€23,919 | -36.4% |
| Other tangible fixed assets | 26 | €65,622 | €41,703 | -€23,919 | -36.4% |
| Current assets | 29/58 | €3,479 | €3,883 | +€404 | +11.6% |
| Stocks and contracts in progress | 3 | €1,256 | €1,048 | -€208 | -16.6% |
| Stocks | 30/36 | €1,256 | €1,048 | -€208 | -16.6% |
| Amounts receivable within one year | 40/41 | €779 | €917 | +€138 | +17.7% |
| Trade receivables | 40 | €306 | €477 | +€171 | +55.9% |
| Other amounts receivable | 41 | €473 | €440 | -€33 | -7.0% |
| Cash at bank and in hand | 54/58 | €1,259 | €1,724 | +€465 | +36.9% |
| Deferred charges and accrued income | 490/1 | €185 | €194 | +€9 | +4.9% |
| Total equity and liabilities | 10/49 | €69,101 | €45,586 | -€23,515 | -34.0% |
| Equity | 10/15 | -€149,440 | -€163,437 | -€13,997 | -9.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€155,640 | -€169,637 | -€13,997 | -9.0% |
| Amounts payable | 17/49 | €218,541 | €209,023 | -€9,518 | -4.4% |
| Amounts payable after more than one year | 17 | €71,258 | €47,960 | -€23,298 | -32.7% |
| Financial debts | 170/4 | €71,258 | €47,960 | -€23,298 | -32.7% |
| Amounts payable within one year | 42/48 | €105,283 | €109,063 | +€3,780 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €22,750 | €23,298 | +€548 | +2.4% |
| Trade debts | 44 | €23,236 | €26,710 | +€3,474 | +15.0% |
| Suppliers | 440/4 | €23,236 | €26,710 | +€3,474 | +15.0% |
| Taxes, remuneration and social security | 45 | €63 | €1,143 | +€1,080 | +1714.3% |
| Taxes | 450/3 | €34 | €1,092 | +€1,058 | +3111.8% |
| Remuneration and social security | 454/9 | €29 | €51 | +€22 | +75.9% |
| Other amounts payable | 47/48 | €59,234 | €57,912 | -€1,322 | -2.2% |
| Accrued charges and deferred income | 492/3 | €42,000 | €52,000 | +€10,000 | +23.8% |
| Remuneration, social security and pensions | 62 | €3,451 | €2,002 | -€1,449 | -42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,919 | €23,919 | = | 0.0% |
| Other operating charges | 640/8 | €437 | €450 | +€13 | +3.0% |
| Gross operating margin | 9900 | €21,007 | €14,672 | -€6,335 | -30.2% |
| Operating profit (loss) | 9901 | -€6,800 | -€11,699 | -€4,899 | -72.0% |
| Financial charges | 65/66B | €2,751 | €2,298 | -€453 | -16.5% |
| Recurring financial charges | 65 | €2,751 | €2,298 | -€453 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,551 | -€13,997 | -€4,446 | -46.6% |
| Profit (loss) for the period | 9904 | -€9,551 | -€13,997 | -€4,446 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,551 | -€13,997 | -€4,446 | -46.6% |
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 12 October 2026 via checked.be.