POSIDONIA: 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.
What changed
POSIDONIA
NACE 46.389, Wholesale of other food products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€267,130
2024 · €20,336-€287,466
Equity
-€264,828
2024 · €4,299-€269,127
Cash
€6,559
2024 · €4,081+€2,478
Balance sheet total
€1.2m
2024 · €1.3m-€82,486
Largest movements
Assets
- Receivables within one year -€63,346
down €63,346 (-40.6%), from €155,842 to €92,496
of which Trade receivables: -€86,648
Equity and liabilities
- Profit (loss) carried forward -€267,130
down €267,130 (-36.8%), from -€726,298 to -€993,428
- Debts after one year +€179,621
up €179,621 (+17.5%), from €1.0m to €1.2m
of which Other amounts payable: +€329,000
- Short-term financial debts -€100,000
no longer reported in 2025 (was €100,000)
- Trade debts +€74,763
up €74,763 (+914%), from €8,182 to €82,945
- Current portion of long-term debt +€31,393
up €31,393 (+26.2%), from €119,802 to €151,194
Income statement
- Gross operating margin -€289,567
down €289,567, from €232,033 to -€57,534
- Financial charges +€48,153
up €48,153 (+85.7%), from €56,198 to €104,351
- Staff costs -€44,161
down €44,161 (-31.2%), from €141,406 to €97,245
- Financial income +€4,813
up €4,813 (+161%), from €2,996 to €7,809
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.
Result 2024
€20,336
Gross operating margin
-€289,567
Staff costs
+€44,161
Depreciation
-€683
Other operating charges
+€1,721
Financial income
+€4,813
Financial charges
-€48,153
Taxes
+€242
Result 2025
-€267,130
raises the resultlowers the result
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.
From operations
-€103,244
Investment
-€3,295
Financing
+€109,017
Cash 2024
€4,081
From operations (derived)
-€103,244
Net result for the year
-€267,130
Depreciation
+€14,459
Receivables within one year
+€63,346
Deferred charges and accrued income
+€10,454
Trade debts
+€74,763
Tax, wage and social debts
-€868
Other debts
+€3,586
Accrued charges and deferred income
-€1,854
Investment (derived)
-€3,295
Investment in fixed assets (net)
-€3,295
Financing
+€109,017
Debts after one year
+€179,621
Current portion of long-term debt
+€31,393
Short-term financial debts
-€100,000
Contributions, distributions and other
-€1,997
Cash 2025
€6,559
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,327,459 | €1,244,973 | -€82,486 | -6.2% |
| Fixed assets | 21/28 | €829,048 | €817,884 | -€11,164 | -1.3% |
| Intangible fixed assets | 21 | €629 | €401 | -€228 | -36.2% |
| Tangible fixed assets | 22/27 | €508,224 | €497,288 | -€10,936 | -2.2% |
| Land and buildings | 22 | €450,000 | €450,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €44,511 | €39,090 | -€5,422 | -12.2% |
| Furniture and vehicles | 24 | €709 | €1,330 | +€621 | +87.5% |
| Leasing and similar rights | 25 | €13,003 | €6,868 | -€6,135 | -47.2% |
| Financial fixed assets | 28 | €320,195 | €320,195 | = | 0.0% |
| Current assets | 29/58 | €498,410 | €427,088 | -€71,322 | -14.3% |
| Stocks and contracts in progress | 3 | €326,212 | €326,212 | = | 0.0% |
| Stocks | 30/36 | €326,212 | €326,212 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €155,842 | €92,496 | -€63,346 | -40.6% |
| Trade receivables | 40 | €151,430 | €64,782 | -€86,648 | -57.2% |
| Other amounts receivable | 41 | €4,413 | €27,714 | +€23,302 | +528% |
| Cash at bank and in hand | 54/58 | €4,081 | €6,559 | +€2,478 | +60.7% |
| Deferred charges and accrued income | 490/1 | €12,274 | €1,821 | -€10,454 | -85.2% |
| Total equity and liabilities | 10/49 | €1,327,459 | €1,244,973 | -€82,486 | -6.2% |
| Equity | 10/15 | €4,299 | -€264,828 | -€269,127 | |
| Contributions | 10/11 | €728,600 | €728,600 | = | 0.0% |
| Capital | 10 | €728,600 | €728,600 | = | 0.0% |
| Issued capital | 100 | €728,600 | €728,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€726,298 | -€993,428 | -€267,130 | -36.8% |
| Investment grants | 15 | €1,997 | - | -€1,997 | |
| Amounts payable | 17/49 | €1,323,160 | €1,509,801 | +€186,641 | +14.1% |
| Amounts payable after more than one year | 17 | €1,023,895 | €1,203,516 | +€179,621 | +17.5% |
| Financial debts | 170/4 | €421,095 | €271,716 | -€149,379 | -35.5% |
| Other amounts payable | 178/9 | €602,800 | €931,800 | +€329,000 | +54.6% |
| Amounts payable within one year | 42/48 | €255,090 | €263,963 | +€8,874 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €119,802 | €151,194 | +€31,393 | +26.2% |
| Financial debts | 43 | €100,000 | - | -€100,000 | |
| Credit institutions | 430/8 | €100,000 | - | -€100,000 | |
| Trade debts | 44 | €8,182 | €82,945 | +€74,763 | +914% |
| Suppliers | 440/4 | €8,182 | €82,945 | +€74,763 | +914% |
| Taxes, remuneration and social security | 45 | €17,064 | €16,197 | -€868 | -5.1% |
| Taxes | 450/3 | €1,056 | - | -€1,056 | |
| Remuneration and social security | 454/9 | €16,009 | €16,197 | +€188 | +1.2% |
| Other amounts payable | 47/48 | €10,042 | €13,628 | +€3,586 | +35.7% |
| Accrued charges and deferred income | 492/3 | €44,175 | €42,321 | -€1,854 | -4.2% |
| Remuneration, social security and pensions | 62 | €141,406 | €97,245 | -€44,161 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,776 | €14,459 | +€683 | +5.0% |
| Other operating charges | 640/8 | €3,071 | €1,350 | -€1,721 | -56.0% |
| Gross operating margin | 9900 | €232,033 | -€57,534 | -€289,567 | |
| Operating profit (loss) | 9901 | €73,779 | -€170,588 | -€244,367 | |
| Financial income | 75/76B | €2,996 | €7,809 | +€4,813 | +161% |
| Recurring financial income | 75 | €2,996 | €7,809 | +€4,813 | +161% |
| Financial charges | 65/66B | €56,198 | €104,351 | +€48,153 | +85.7% |
| Recurring financial charges | 65 | €56,198 | €104,351 | +€48,153 | +85.7% |
| Profit (loss) for the period before taxes | 9903 | €20,578 | -€267,130 | -€287,708 | |
| Income taxes | 67/77 | €242 | - | -€242 | |
| Profit (loss) for the period | 9904 | €20,336 | -€267,130 | -€287,466 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,336 | -€267,130 | -€287,466 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.