POSTEP: 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.
POSTEP
Largest movements
- Cash +€7,933
up €7,933 (+142.4%), from €5,570 to €13,503
mainly Net result for the year (+€49,799) and Receivables within one year (+€7,830)
- Receivables within one year -€7,830
down €7,830 (-5.1%), from €154,886 to €147,056
of which Trade receivables: -€5,567
- Tangible fixed assets -€3,677
down €3,677 (-3.4%), from €108,010 to €104,333
of which Land and buildings: -€6,534
- Profit (loss) carried forward +€49,799
up €49,799 (+19.6%), from -€254,503 to -€204,704
- Other debts -€17,188
down €17,188 (-5.1%), from €337,421 to €320,234
- Debts after one year -€15,770
down €15,770 (-13.5%), from €117,246 to €101,476
- Current portion of long-term debt -€12,324
down €12,324 (-43.9%), from €28,095 to €15,770
- Tax, wage and social debts -€5,525
no longer reported in 2025 (was €5,525)
- Taxes +€25,214
up €25,214, from -€25,110 to €103
- Gross operating margin -€12,218
down €12,218 (-16.8%), from €72,638 to €60,419
- Financial income +€1,970
up €1,970 (+39.0%), from €5,053 to €7,024
- Other operating charges +€1,111
up €1,111 (+67.8%), from €1,638 to €2,748
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.
Cash bridge derived
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 | €275,087 | €271,517 | -€3,570 | -1.3% |
| Fixed assets | 21/28 | €114,592 | €110,915 | -€3,677 | -3.2% |
| Tangible fixed assets | 22/27 | €108,010 | €104,333 | -€3,677 | -3.4% |
| Land and buildings | 22 | €108,010 | €101,477 | -€6,534 | -6.0% |
| Furniture and vehicles | 24 | - | €2,856 | +€2,856 | |
| Financial fixed assets | 28 | €6,582 | €6,582 | = | 0.0% |
| Current assets | 29/58 | €160,495 | €160,602 | +€107 | +0.1% |
| Amounts receivable within one year | 40/41 | €154,886 | €147,056 | -€7,830 | -5.1% |
| Trade receivables | 40 | €27,600 | €22,033 | -€5,567 | -20.2% |
| Other amounts receivable | 41 | €127,286 | €125,023 | -€2,263 | -1.8% |
| Cash at bank and in hand | 54/58 | €5,570 | €13,503 | +€7,933 | +142.4% |
| Deferred charges and accrued income | 490/1 | €39 | €43 | +€4 | +10.5% |
| Total equity and liabilities | 10/49 | €275,087 | €271,517 | -€3,570 | -1.3% |
| Equity | 10/15 | -€234,043 | -€184,244 | +€49,799 | +21.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€254,503 | -€204,704 | +€49,799 | +19.6% |
| Amounts payable | 17/49 | €509,130 | €455,761 | -€53,369 | -10.5% |
| Amounts payable after more than one year | 17 | €117,246 | €101,476 | -€15,770 | -13.5% |
| Financial debts | 170/4 | €117,246 | €101,476 | -€15,770 | -13.5% |
| Amounts payable within one year | 42/48 | €391,284 | €354,285 | -€36,999 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €28,095 | €15,770 | -€12,324 | -43.9% |
| Trade debts | 44 | €20,244 | €18,281 | -€1,962 | -9.7% |
| Suppliers | 440/4 | €20,244 | €18,281 | -€1,962 | -9.7% |
| Taxes, remuneration and social security | 45 | €5,525 | - | -€5,525 | |
| Taxes | 450/3 | €5,525 | - | -€5,525 | |
| Other amounts payable | 47/48 | €337,421 | €320,234 | -€17,188 | -5.1% |
| Accrued charges and deferred income | 492/3 | €599 | - | -€599 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,534 | €7,034 | +€500 | +7.7% |
| Other operating charges | 640/8 | €1,638 | €2,748 | +€1,111 | +67.8% |
| Gross operating margin | 9900 | €72,638 | €60,419 | -€12,218 | -16.8% |
| Operating profit (loss) | 9901 | €64,467 | €50,638 | -€13,829 | -21.5% |
| Financial income | 75/76B | €5,053 | €7,024 | +€1,970 | +39.0% |
| Recurring financial income | 75 | €5,053 | €7,024 | +€1,970 | +39.0% |
| Financial charges | 65/66B | €8,483 | €7,759 | -€724 | -8.5% |
| Recurring financial charges | 65 | €8,483 | €7,759 | -€724 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €61,037 | €49,902 | -€11,135 | -18.2% |
| Income taxes | 67/77 | -€25,110 | €103 | +€25,214 | |
| Profit (loss) for the period | 9904 | €86,147 | €49,799 | -€36,348 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €86,147 | €49,799 | -€36,348 | -42.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.