POSE-HELECINE: what changed
What changed
POSE-HELECINE
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
filed annual accounts (NBB)
Net result for the year
€17,308
2024 · €1,706+€15,602
Equity
€69,932
2024 · €52,624+€17,308
Cash
€36,938
2024 · €26,593+€10,345
Balance sheet total
€473,637
2024 · €498,412-€24,775
Largest movements
Assets
- Receivables within one year -€22,309
down €22,309 (-17.2%), from €129,923 to €107,614
of which Trade receivables: -€22,561
- Tangible fixed assets -€10,683
down €10,683 (-3.5%), from €307,823 to €297,140
of which Land and buildings: -€12,570
- Cash +€10,345
up €10,345 (+38.9%), from €26,593 to €36,938
mainly Depreciation (+€24,820) and Receivables within one year (+€22,309)
Equity and liabilities
- Debts after one year -€34,573
down €34,573 (-57.5%), from €60,091 to €25,518
- Profit (loss) carried forward +€17,308
up €17,308, from -€10,525 to €6,783
- Tax, wage and social debts -€7,545
down €7,545 (-83.2%), from €9,069 to €1,524
Income statement
- Gross operating margin +€11,097
up €11,097 (+24.0%), from €46,284 to €57,381
- Financial charges -€2,271
down €2,271 (-16.9%), from €13,442 to €11,171
- Depreciation +€1,804
up €1,804 (+7.8%), from €23,016 to €24,820
- Other operating charges -€871
down €871 (-18.4%), from €4,721 to €3,850
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
€1,706
Gross operating margin
+€11,097
Depreciation
-€1,804
Other operating charges
+€871
Other operating items
+€2,884
Financial charges
+€2,271
Taxes
+€283
Result 2025
€17,308
raises the resultlowers the resultnot broken down further in the accounts
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
+€61,172
Investment
-€14,137
Financing
-€36,690
Cash 2024
€26,593
From operations (derived)
+€61,172
Net result for the year
+€17,308
Depreciation
+€24,820
Stocks and contracts
+€2,128
Receivables within one year
+€22,309
Trade debts
+€2,901
Tax, wage and social debts
-€7,545
Other debts
-€749
Investment (derived)
-€14,137
Investment in fixed assets (net)
-€14,137
Financing
-€36,690
Debts after one year
-€34,573
Current portion of long-term debt
+€2,689
Short-term financial debts
-€4,806
Cash 2025
€36,938
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €498,412 | €473,637 | -€24,775 | -5.0% |
| Fixed assets | 21/28 | €307,873 | €297,190 | -€10,683 | -3.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €307,823 | €297,140 | -€10,683 | -3.5% |
| Land and buildings | 22 | €279,779 | €267,209 | -€12,570 | -4.5% |
| Plant, machinery and equipment | 23 | €26,374 | €18,385 | -€7,989 | -30.3% |
| Furniture and vehicles | 24 | €1,670 | €11,546 | +€9,876 | +591% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €190,539 | €176,447 | -€14,092 | -7.4% |
| Stocks and contracts in progress | 3 | €34,023 | €31,895 | -€2,128 | -6.3% |
| Stocks | 30/36 | €34,023 | €31,895 | -€2,128 | -6.3% |
| Amounts receivable within one year | 40/41 | €129,923 | €107,614 | -€22,309 | -17.2% |
| Trade receivables | 40 | €129,923 | €107,362 | -€22,561 | -17.4% |
| Other amounts receivable | 41 | - | €252 | +€252 | |
| Cash at bank and in hand | 54/58 | €26,593 | €36,938 | +€10,345 | +38.9% |
| Total equity and liabilities | 10/49 | €498,412 | €473,637 | -€24,775 | -5.0% |
| Equity | 10/15 | €52,624 | €69,932 | +€17,308 | +32.9% |
| Contributions | 10/11 | €61,155 | €61,155 | = | 0.0% |
| Capital | 10 | €61,155 | €61,155 | = | 0.0% |
| Issued capital | 100 | €94,621 | €94,621 | = | 0.0% |
| Uncalled capital | 101 | €33,466 | €33,466 | = | 0.0% |
| Reserves | 13 | €1,994 | €1,994 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,994 | €1,994 | = | 0.0% |
| Legal reserve | 130 | €1,994 | €1,994 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,525 | €6,783 | +€17,308 | |
| Amounts payable | 17/49 | €445,788 | €403,705 | -€42,083 | -9.4% |
| Amounts payable after more than one year | 17 | €60,091 | €25,518 | -€34,573 | -57.5% |
| Financial debts | 170/4 | €60,091 | €25,518 | -€34,573 | -57.5% |
| Amounts payable within one year | 42/48 | €385,697 | €378,187 | -€7,510 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €42,426 | €45,115 | +€2,689 | +6.3% |
| Financial debts | 43 | €41,379 | €36,573 | -€4,806 | -11.6% |
| Credit institutions | 430/8 | €41,379 | €36,573 | -€4,806 | -11.6% |
| Trade debts | 44 | €287,085 | €289,986 | +€2,901 | +1.0% |
| Suppliers | 440/4 | €287,085 | €289,986 | +€2,901 | +1.0% |
| Taxes, remuneration and social security | 45 | €9,069 | €1,524 | -€7,545 | -83.2% |
| Taxes | 450/3 | €9,069 | €1,524 | -€7,545 | -83.2% |
| Other amounts payable | 47/48 | €5,738 | €4,989 | -€749 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,016 | €24,820 | +€1,804 | +7.8% |
| Other operating charges | 640/8 | €4,721 | €3,850 | -€871 | -18.4% |
| Non-recurring operating charges | 66A | €3,029 | €145 | -€2,884 | -95.2% |
| Gross operating margin | 9900 | €46,284 | €57,381 | +€11,097 | +24.0% |
| Operating profit (loss) | 9901 | €15,518 | €28,566 | +€13,048 | +84.1% |
| Financial charges | 65/66B | €13,442 | €11,171 | -€2,271 | -16.9% |
| Recurring financial charges | 65 | €13,442 | €11,171 | -€2,271 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €2,076 | €17,395 | +€15,319 | +738% |
| Income taxes | 67/77 | €370 | €87 | -€283 | -76.5% |
| Profit (loss) for the period | 9904 | €1,706 | €17,308 | +€15,602 | +915% |
| Profit (loss) for the period to be appropriated | 9905 | €1,706 | €17,308 | +€15,602 | +915% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.