POSECO: 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.
POSECO
Largest movements
- Cash -€36,092
down €36,092 (-69.3%), from €52,087 to €15,995
mainly Accrued charges and deferred income (-€27,043) and Net result for the year (-€25,471)
- Receivables within one year -€33,386
down €33,386 (-56.1%), from €59,484 to €26,099
of which Other amounts receivable: -€17,519
- Tangible fixed assets -€1,481
down €1,481 (-26.0%), from €5,705 to €4,224
of which Furniture and vehicles: -€1,275
- Accrued charges and deferred income -€27,043
no longer reported in 2025 (was €27,043)
- Profit (loss) carried forward -€25,471
down €25,471 (-47.8%), from €53,252 to €27,781
- Tax, wage and social debts -€11,531
down €11,531 (-41.8%), from €27,560 to €16,029
of which Taxes: -€9,722
- Trade debts -€6,913
down €6,913 (-64.1%), from €10,781 to €3,869
- Turnover -€99,721
no longer reported in 2025 (was €99,721)
- Gross operating margin -€91,920
down €91,920 (-39.5%), from €232,889 to €140,969
- Purchases and services -€86,625
no longer reported in 2025 (was €86,625)
- Staff costs -€54,069
down €54,069 (-24.8%), from €218,057 to €163,987
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 | €118,636 | €47,678 | -€70,958 | -59.8% |
| Fixed assets | 21/28 | €7,065 | €5,584 | -€1,481 | -21.0% |
| Tangible fixed assets | 22/27 | €5,705 | €4,224 | -€1,481 | -26.0% |
| Plant, machinery and equipment | 23 | €2,265 | €2,060 | -€205 | -9.1% |
| Furniture and vehicles | 24 | €3,439 | €2,164 | -€1,275 | -37.1% |
| Financial fixed assets | 28 | €1,360 | €1,360 | = | 0.0% |
| Current assets | 29/58 | €111,571 | €42,094 | -€69,477 | -62.3% |
| Amounts receivable within one year | 40/41 | €59,484 | €26,099 | -€33,386 | -56.1% |
| Trade receivables | 40 | €20,497 | €4,630 | -€15,867 | -77.4% |
| Other amounts receivable | 41 | €38,987 | €21,468 | -€17,519 | -44.9% |
| Cash at bank and in hand | 54/58 | €52,087 | €15,995 | -€36,092 | -69.3% |
| Total equity and liabilities | 10/49 | €118,636 | €47,678 | -€70,958 | -59.8% |
| Equity | 10/15 | €53,252 | €27,781 | -€25,471 | -47.8% |
| Profit (loss) carried forward | 14 | €53,252 | €27,781 | -€25,471 | -47.8% |
| Amounts payable | 17/49 | €65,384 | €19,897 | -€45,487 | -69.6% |
| Amounts payable within one year | 42/48 | €38,341 | €19,897 | -€18,444 | -48.1% |
| Trade debts | 44 | €10,781 | €3,869 | -€6,913 | -64.1% |
| Suppliers | 440/4 | €10,781 | €3,869 | -€6,913 | -64.1% |
| Taxes, remuneration and social security | 45 | €27,560 | €16,029 | -€11,531 | -41.8% |
| Taxes | 450/3 | €10,687 | €965 | -€9,722 | -91.0% |
| Remuneration and social security | 454/9 | €16,873 | €15,064 | -€1,809 | -10.7% |
| Accrued charges and deferred income | 492/3 | €27,043 | - | -€27,043 | |
| Turnover | 70 | €99,721 | - | -€99,721 | |
| Membership fees, donations, legacies and grants | 73 | €192,758 | - | -€192,758 | |
| Goods, raw materials, services and sundry goods | 60/61 | €86,625 | - | -€86,625 | |
| Remuneration, social security and pensions | 62 | €218,057 | €163,987 | -€54,069 | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,175 | €2,455 | -€721 | -22.7% |
| Non-recurring operating charges | 66A | €2,269 | - | -€2,269 | |
| Gross operating margin | 9900 | €232,889 | €140,969 | -€91,920 | -39.5% |
| Operating profit (loss) | 9901 | €9,388 | -€25,474 | -€34,862 | |
| Financial income | 75/76B | €10 | €3 | -€7 | -73.4% |
| Recurring financial income | 75 | €10 | €3 | -€7 | -73.4% |
| Financial charges | 65/66B | €47 | - | -€47 | |
| Recurring financial charges | 65 | €47 | - | -€47 | |
| Profit (loss) for the period before taxes | 9903 | €9,351 | -€25,471 | -€34,822 | |
| Profit (loss) for the period | 9904 | €9,351 | -€25,471 | -€34,822 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,351 | -€25,471 | -€34,822 |
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 17 October 2026 via checked.be.