Poseidon: what changed
Two fiscal 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.
Poseidon
Largest movements
- Receivables within one year +€34,447
up €34,447 (+5426.8%), from €635 to €35,081
of which Other amounts receivable: +€34,477
- Cash +€22,930
up €22,930 (+43.7%), from €52,420 to €75,350
mainly Net result for the year (+€49,175) and Tax, wage and social debts (+€6,008)
- Tangible fixed assets -€3,576
down €3,576 (-46.7%), from €7,658 to €4,082
of which Plant, machinery and equipment: -€2,290
- Reserves +€49,000
up €49,000 (+161.9%), from €30,259 to €79,259
of which Distributable reserves: +€49,000
- Tax, wage and social debts +€6,008
up €6,008 (+40.5%), from €14,839 to €20,847
of which Taxes: +€5,125
- Gross operating margin +€23,699
up €23,699 (+39.4%), from €60,190 to €83,888
- Taxes +€4,053
up €4,053 (+25.9%), from €15,676 to €19,730
- Staff costs -€4,029
down €4,029 (-28.9%), from €13,950 to €9,921
- Other operating charges -€1,592
down €1,592 (-47.7%), from €3,342 to €1,749
- Depreciation -€1,225
down €1,225 (-25.5%), from €4,801 to €3,576
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,759 | €120,565 | +€53,807 | +80.6% |
| Fixed assets | 21/28 | €8,897 | €5,321 | -€3,576 | -40.2% |
| Tangible fixed assets | 22/27 | €7,658 | €4,082 | -€3,576 | -46.7% |
| Land and buildings | 22 | €2,198 | €1,099 | -€1,099 | -50.0% |
| Plant, machinery and equipment | 23 | €5,273 | €2,983 | -€2,290 | -43.4% |
| Furniture and vehicles | 24 | €187 | €0 | -€187 | -100.0% |
| Financial fixed assets | 28 | €1,239 | €1,239 | = | 0.0% |
| Current assets | 29/58 | €57,862 | €115,244 | +€57,382 | +99.2% |
| Stocks and contracts in progress | 3 | €4,500 | €4,500 | = | 0.0% |
| Stocks | 30/36 | €4,500 | €4,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €635 | €35,081 | +€34,447 | +5426.8% |
| Trade receivables | 40 | €30 | €0 | -€30 | -100.0% |
| Other amounts receivable | 41 | €605 | €35,081 | +€34,477 | +5701.0% |
| Cash at bank and in hand | 54/58 | €52,420 | €75,350 | +€22,930 | +43.7% |
| Deferred charges and accrued income | 490/1 | €307 | €313 | +€6 | +2.0% |
| Total equity and liabilities | 10/49 | €66,759 | €120,565 | +€53,807 | +80.6% |
| Equity | 10/15 | €49,479 | €98,653 | +€49,175 | +99.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €30,259 | €79,259 | +€49,000 | +161.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €28,400 | €77,400 | +€49,000 | +172.5% |
| Profit (loss) carried forward | 14 | €627 | €802 | +€175 | +27.8% |
| Amounts payable | 17/49 | €17,280 | €21,912 | +€4,632 | +26.8% |
| Amounts payable within one year | 42/48 | €17,280 | €21,912 | +€4,632 | +26.8% |
| Trade debts | 44 | €2,134 | €1,066 | -€1,068 | -50.1% |
| Suppliers | 440/4 | €2,134 | €1,066 | -€1,068 | -50.1% |
| Taxes, remuneration and social security | 45 | €14,839 | €20,847 | +€6,008 | +40.5% |
| Taxes | 450/3 | €14,576 | €19,701 | +€5,125 | +35.2% |
| Remuneration and social security | 454/9 | €263 | €1,146 | +€883 | +335.8% |
| Other amounts payable | 47/48 | €308 | €0 | -€308 | -100.0% |
| Remuneration, social security and pensions | 62 | €13,950 | €9,921 | -€4,029 | -28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,801 | €3,576 | -€1,225 | -25.5% |
| Other operating charges | 640/8 | €3,342 | €1,749 | -€1,592 | -47.7% |
| Gross operating margin | 9900 | €60,190 | €83,888 | +€23,699 | +39.4% |
| Operating profit (loss) | 9901 | €38,097 | €68,642 | +€30,545 | +80.2% |
| Financial income | 75/76B | €25 | €1,031 | +€1,006 | +4031.4% |
| Recurring financial income | 75 | €25 | €1,031 | +€1,006 | +4031.4% |
| Financial charges | 65/66B | €1,168 | €769 | -€399 | -34.1% |
| Recurring financial charges | 65 | €1,168 | €769 | -€399 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | €36,955 | €68,904 | +€31,950 | +86.5% |
| Income taxes | 67/77 | €15,676 | €19,730 | +€4,053 | +25.9% |
| Profit (loss) for the period | 9904 | €21,279 | €49,175 | +€27,896 | +131.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,279 | €49,175 | +€27,896 | +131.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.