POSTERUS: 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
POSTERUS
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€260,571
2024 · €241,633+€18,938
Equity
€1.5m
2024 · €1.2m+€260,571
Cash
€126,437
2024 · €80,766+€45,671
Balance sheet total
€2.8m
2024 · €2.2m+€581,564
Largest movements
Assets
- Current investments +€348,390
up €348,390 (+48.1%), from €725,000 to €1.1m
- Receivables after one year +€215,480
up €215,480 (+178%), from €121,012 to €336,492
- Cash +€45,671
up €45,671 (+56.5%), from €80,766 to €126,437
mainly Other debts (+€286,428) and Net result for the year (+€260,571)
Equity and liabilities
- Other debts +€286,428
up €286,428 (+36.1%), from €792,830 to €1.1m
- Profit (loss) carried forward +€260,571
up €260,571 (+17.1%), from -€1.5m to -€1.3m
- Accrued charges and deferred income +€37,581
up €37,581 (+131%), from €28,743 to €66,323
Income statement
- Gross operating margin +€24,422
up €24,422 (+7.0%), from €349,700 to €374,122
- Taxes +€6,802
up €6,802 (+8.4%), from €80,861 to €87,663
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
€241,633
Gross operating margin
+€24,422
Depreciation
-€2,050
Other operating charges
-€324
Financial income
+€1,318
Financial charges
+€2,374
Taxes
-€6,802
Result 2025
€260,571
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
+€431,894
Investment
-€368,723
Financing
-€17,500
Cash 2024
€80,766
From operations (derived)
+€431,894
Net result for the year
+€260,571
Depreciation
+€45,738
Receivables after one year
-€215,480
Receivables within one year
-€3,432
Deferred charges and accrued income
+€6,005
Trade debts
+€1,554
Tax, wage and social debts
+€12,931
Other debts
+€286,428
Accrued charges and deferred income
+€37,581
Investment (derived)
-€368,723
Investment in fixed assets (net)
-€20,334
Current investments
-€348,390
Financing
-€17,500
Debts after one year
-€17,500
Cash 2025
€126,437
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,183,943 | €2,765,507 | +€581,564 | +26.6% |
| Fixed assets | 21/28 | €933,543 | €908,139 | -€25,404 | -2.7% |
| Tangible fixed assets | 22/27 | €933,543 | €908,139 | -€25,404 | -2.7% |
| Land and buildings | 22 | €830,176 | €801,425 | -€28,750 | -3.5% |
| Plant, machinery and equipment | 23 | €41,597 | €55,797 | +€14,200 | +34.1% |
| Furniture and vehicles | 24 | €61,771 | €50,916 | -€10,854 | -17.6% |
| Current assets | 29/58 | €1,250,400 | €1,857,368 | +€606,968 | +48.5% |
| Amounts receivable after more than one year | 29 | €121,012 | €336,492 | +€215,480 | +178% |
| Other amounts receivable | 291 | €121,012 | €336,492 | +€215,480 | +178% |
| Amounts receivable within one year | 40/41 | €316,393 | €319,824 | +€3,432 | +1.1% |
| Trade receivables | 40 | €310,544 | €319,710 | +€9,166 | +3.0% |
| Other amounts receivable | 41 | €5,848 | €114 | -€5,734 | -98.1% |
| Current investments | 50/53 | €725,000 | €1,073,390 | +€348,390 | +48.1% |
| Cash at bank and in hand | 54/58 | €80,766 | €126,437 | +€45,671 | +56.5% |
| Deferred charges and accrued income | 490/1 | €7,230 | €1,225 | -€6,005 | -83.1% |
| Total equity and liabilities | 10/49 | €2,183,943 | €2,765,507 | +€581,564 | +26.6% |
| Equity | 10/15 | €1,229,913 | €1,490,484 | +€260,571 | +21.2% |
| Contributions | 10/11 | €2,500,000 | €2,500,000 | = | 0.0% |
| Reserves | 13 | €250,000 | €250,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250,000 | €250,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,520,087 | -€1,259,516 | +€260,571 | +17.1% |
| Amounts payable | 17/49 | €954,031 | €1,275,023 | +€320,993 | +33.6% |
| Amounts payable after more than one year | 17 | €53,958 | €36,458 | -€17,500 | -32.4% |
| Financial debts | 170/4 | €53,958 | €36,458 | -€17,500 | -32.4% |
| Amounts payable within one year | 42/48 | €871,330 | €1,172,242 | +€300,912 | +34.5% |
| Current portion of amounts payable after more than one year | 42 | €17,500 | €17,500 | = | 0.0% |
| Trade debts | 44 | €1,437 | €2,991 | +€1,554 | +108% |
| Suppliers | 440/4 | €1,437 | €2,991 | +€1,554 | +108% |
| Taxes, remuneration and social security | 45 | €59,563 | €72,494 | +€12,931 | +21.7% |
| Taxes | 450/3 | €59,563 | €72,494 | +€12,931 | +21.7% |
| Other amounts payable | 47/48 | €792,830 | €1,079,258 | +€286,428 | +36.1% |
| Accrued charges and deferred income | 492/3 | €28,743 | €66,323 | +€37,581 | +131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,688 | €45,738 | +€2,050 | +4.7% |
| Other operating charges | 640/8 | €3,705 | €4,028 | +€324 | +8.7% |
| Gross operating margin | 9900 | €349,700 | €374,122 | +€24,422 | +7.0% |
| Operating profit (loss) | 9901 | €302,308 | €324,356 | +€22,048 | +7.3% |
| Financial income | 75/76B | €25,937 | €27,255 | +€1,318 | +5.1% |
| Recurring financial income | 75 | €25,937 | €27,255 | +€1,318 | +5.1% |
| Financial charges | 65/66B | €5,751 | €3,377 | -€2,374 | -41.3% |
| Recurring financial charges | 65 | €5,751 | €3,377 | -€2,374 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €322,494 | €348,234 | +€25,740 | +8.0% |
| Income taxes | 67/77 | €80,861 | €87,663 | +€6,802 | +8.4% |
| Profit (loss) for the period | 9904 | €241,633 | €260,571 | +€18,938 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €241,633 | €260,571 | +€18,938 | +7.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.