Post & Co (Belgium): 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.
Post & Co (Belgium)
Largest movements
- Receivables within one year -€184,669
down €184,669 (-12.7%), from €1.4m to €1.3m
of which Other amounts receivable: -€103,511
- Tangible fixed assets -€33,850
down €33,850 (-28.1%), from €120,338 to €86,489
of which Furniture and vehicles: -€37,075
- Trade debts -€160,926
down €160,926 (-13.1%), from €1.2m to €1.1m
- Profit (loss) carried forward -€43,406
down €43,406, from €43,369 to -€37
- Accrued charges and deferred income -€25,970
down €25,970 (-16.2%), from €160,260 to €134,290
- Gross operating margin -€223,578
down €223,578 (-32.4%), from €690,563 to €466,985
- Staff costs -€117,740
down €117,740 (-22.0%), from €535,954 to €418,214
- Provisions -€46,053
down €46,053 (-94.9%), from €48,535 to €2,482
- Financial income +€24,203
up €24,203 (+324%), from €7,481 to €31,684
- Financial charges +€22,082
up €22,082 (+100%), from €21,996 to €44,078
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 | €2,012,475 | €1,799,854 | -€212,621 | -10.6% |
| Fixed assets | 21/28 | €120,338 | €86,489 | -€33,850 | -28.1% |
| Tangible fixed assets | 22/27 | €120,338 | €86,489 | -€33,850 | -28.1% |
| Plant, machinery and equipment | 23 | €2,223 | €5,448 | +€3,225 | +145% |
| Furniture and vehicles | 24 | €118,115 | €81,040 | -€37,075 | -31.4% |
| Current assets | 29/58 | €1,892,137 | €1,713,365 | -€178,771 | -9.4% |
| Amounts receivable after more than one year | 29 | €21,431 | €21,431 | = | 0.0% |
| Other amounts receivable | 291 | €21,431 | €21,431 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,448,880 | €1,264,210 | -€184,669 | -12.7% |
| Trade receivables | 40 | €1,334,455 | €1,253,297 | -€81,158 | -6.1% |
| Other amounts receivable | 41 | €114,425 | €10,913 | -€103,511 | -90.5% |
| Cash at bank and in hand | 54/58 | €394,151 | €400,483 | +€6,332 | +1.6% |
| Deferred charges and accrued income | 490/1 | €27,675 | €27,241 | -€434 | -1.6% |
| Total equity and liabilities | 10/49 | €2,012,475 | €1,799,854 | -€212,621 | -10.6% |
| Equity | 10/15 | €403,369 | €359,963 | -€43,406 | -10.8% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,369 | -€37 | -€43,406 | |
| Provisions and deferred taxes | 16 | €127,041 | €129,522 | +€2,482 | +2.0% |
| Provisions for liabilities and charges | 160/5 | €127,041 | €129,522 | +€2,482 | +2.0% |
| Pensions and similar obligations | 160 | €4,063 | €2,964 | -€1,098 | -27.0% |
| Other liabilities and charges | 164/5 | €122,978 | €126,558 | +€3,580 | +2.9% |
| Amounts payable | 17/49 | €1,482,066 | €1,310,369 | -€171,697 | -11.6% |
| Amounts payable within one year | 42/48 | €1,321,806 | €1,176,079 | -€145,727 | -11.0% |
| Trade debts | 44 | €1,232,617 | €1,071,691 | -€160,926 | -13.1% |
| Suppliers | 440/4 | €1,232,617 | €1,071,691 | -€160,926 | -13.1% |
| Taxes, remuneration and social security | 45 | €88,253 | €89,730 | +€1,477 | +1.7% |
| Taxes | 450/3 | €24,274 | €25,873 | +€1,600 | +6.6% |
| Remuneration and social security | 454/9 | €63,979 | €63,857 | -€122 | -0.2% |
| Other amounts payable | 47/48 | €935 | €14,657 | +€13,722 | +1,467% |
| Accrued charges and deferred income | 492/3 | €160,260 | €134,290 | -€25,970 | -16.2% |
| Remuneration, social security and pensions | 62 | €535,954 | €418,214 | -€117,740 | -22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,506 | €37,792 | +€286 | +0.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €48,535 | €2,482 | -€46,053 | -94.9% |
| Other operating charges | 640/8 | €44,597 | €38,189 | -€6,408 | -14.4% |
| Gross operating margin | 9900 | €690,563 | €466,985 | -€223,578 | -32.4% |
| Operating profit (loss) | 9901 | €23,971 | -€29,691 | -€53,662 | |
| Financial income | 75/76B | €7,481 | €31,684 | +€24,203 | +324% |
| Recurring financial income | 75 | €7,481 | €31,684 | +€24,203 | +324% |
| Financial charges | 65/66B | €21,996 | €44,078 | +€22,082 | +100% |
| Recurring financial charges | 65 | €21,996 | €44,078 | +€22,082 | +100% |
| Profit (loss) for the period before taxes | 9903 | €9,456 | -€42,086 | -€51,541 | |
| Income taxes | 67/77 | €752 | €1,320 | +€568 | +75.6% |
| Profit (loss) for the period | 9904 | €8,704 | -€43,406 | -€52,110 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,704 | -€43,406 | -€52,110 |
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 31 October 2026 via checked.be.