POULEYN IMMO: what changed
What changed
POULEYN IMMO
NACE 68.310, Real estate agency activities
filed annual accounts (NBB)
Net result for the year
€235,952
2024 · €324,325-€88,373
Equity
€9.6m
2024 · €9.6m+€3,042
Cash
€114,319
2024 · €105,024+€9,295
Balance sheet total
€15.3m
2024 · €16.6m-€1.3m
Largest movements
Assets
- Financial fixed assets -€808,339
down €808,339 (-7.6%), from €10.7m to €9.9m
- Tangible fixed assets -€498,868
down €498,868 (-8.6%), from €5.8m to €5.3m
Equity and liabilities
- Debts after one year -€1.1m
down €1.1m (-20.8%), from €5.5m to €4.4m
Income statement
- Financial income -€66,622
down €66,622 (-21.1%), from €315,551 to €248,929
- Gross operating margin -€43,000
down €43,000 (-5.0%), from €854,793 to €811,793
- Depreciation -€10,919
down €10,919 (-1.9%), from €583,279 to €572,360
- Financial charges -€10,844
down €10,844 (-6.1%), from €178,316 to €167,472
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€324,325
Gross operating margin
-€43,000
Depreciation
+€10,919
Other operating charges
+€313
Financial income
-€66,622
Financial charges
+€10,844
Taxes
+€1,398
Deferred taxes and other
-€2,226
Result 2025
€235,952
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€704,429
Investment
+€734,847
Financing
-€1.4m
Cash 2024
€105,024
From operations (derived)
+€704,429
Net result for the year
+€235,952
Depreciation
+€572,360
Receivables within one year
-€21,344
Deferred charges and accrued income
+€13,270
Smaller working-capital items
+€576
Trade debts
-€82,747
Tax, wage and social debts
+€6,361
Other debts
-€20,000
Investment (derived)
+€734,847
Investment in fixed assets (net)
+€734,847
Financing
-€1.4m
Debts after one year
-€1.1m
Current portion of long-term debt
-€49,394
Contributions, distributions and other
-€232,911
Cash 2025
€114,319
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,631,796 | €15,341,958 | -€1.3m | -7.8% |
| Fixed assets | 21/28 | €16,484,956 | €15,177,749 | -€1.3m | -7.9% |
| Tangible fixed assets | 22/27 | €5,813,585 | €5,314,717 | -€498,868 | -8.6% |
| Land and buildings | 22 | €3,870,361 | €3,652,287 | -€218,074 | -5.6% |
| Plant, machinery and equipment | 23 | €72,220 | €37,267 | -€34,953 | -48.4% |
| Leasing and similar rights | 25 | €159,114 | €110,714 | -€48,400 | -30.4% |
| Other tangible fixed assets | 26 | €1,711,890 | €1,514,449 | -€197,441 | -11.5% |
| Financial fixed assets | 28 | €10,671,371 | €9,863,032 | -€808,339 | -7.6% |
| Current assets | 29/58 | €146,840 | €164,209 | +€17,368 | +11.8% |
| Amounts receivable within one year | 40/41 | €7,965 | €29,309 | +€21,344 | +268% |
| Trade receivables | 40 | €6,669 | €20,982 | +€14,313 | +215% |
| Other amounts receivable | 41 | €1,296 | €8,327 | +€7,031 | +543% |
| Cash at bank and in hand | 54/58 | €105,024 | €114,319 | +€9,295 | +8.9% |
| Deferred charges and accrued income | 490/1 | €33,851 | €20,581 | -€13,270 | -39.2% |
| Total equity and liabilities | 10/49 | €16,631,796 | €15,341,958 | -€1.3m | -7.8% |
| Equity | 10/15 | €9,553,377 | €9,556,419 | +€3,042 | 0.0% |
| Contributions | 10/11 | €2,045,370 | €2,045,370 | = | 0.0% |
| Reserves | 13 | €7,503,722 | €7,509,675 | +€5,952 | +0.1% |
| Distributable reserves | 133 | €7,503,722 | €7,509,675 | +€5,952 | +0.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €4,285 | €1,374 | -€2,911 | -67.9% |
| Provisions and deferred taxes | 16 | €2,207 | €708 | -€1,499 | -67.9% |
| Deferred taxes | 168 | €2,207 | €708 | -€1,499 | -67.9% |
| Amounts payable | 17/49 | €7,076,212 | €5,784,831 | -€1.3m | -18.2% |
| Amounts payable after more than one year | 17 | €5,530,484 | €4,382,808 | -€1.1m | -20.8% |
| Financial debts | 170/4 | €5,530,484 | €4,382,808 | -€1.1m | -20.8% |
| Amounts payable within one year | 42/48 | €1,544,842 | €1,399,062 | -€145,780 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €1,197,070 | €1,147,676 | -€49,394 | -4.1% |
| Trade debts | 44 | €89,246 | €6,499 | -€82,747 | -92.7% |
| Suppliers | 440/4 | €89,246 | €6,499 | -€82,747 | -92.7% |
| Taxes, remuneration and social security | 45 | €8,526 | €14,886 | +€6,361 | +74.6% |
| Taxes | 450/3 | €8,526 | €14,886 | +€6,361 | +74.6% |
| Other amounts payable | 47/48 | €250,000 | €230,000 | -€20,000 | -8.0% |
| Accrued charges and deferred income | 492/3 | €885 | €2,961 | +€2,076 | +235% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €583,279 | €572,360 | -€10,919 | -1.9% |
| Other operating charges | 640/8 | €79,444 | €79,131 | -€313 | -0.4% |
| Gross operating margin | 9900 | €854,793 | €811,793 | -€43,000 | -5.0% |
| Operating profit (loss) | 9901 | €192,070 | €160,303 | -€31,767 | -16.5% |
| Financial income | 75/76B | €315,551 | €248,929 | -€66,622 | -21.1% |
| Recurring financial income | 75 | €315,551 | €248,929 | -€66,622 | -21.1% |
| Financial charges | 65/66B | €178,316 | €167,472 | -€10,844 | -6.1% |
| Recurring financial charges | 65 | €178,316 | €167,472 | -€10,844 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €329,305 | €241,759 | -€87,545 | -26.6% |
| Transfer from deferred taxes | 780 | €3,725 | €1,499 | -€2,226 | -59.8% |
| Income taxes | 67/77 | €8,704 | €7,306 | -€1,398 | -16.1% |
| Profit (loss) for the period | 9904 | €324,325 | €235,952 | -€88,373 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €324,325 | €235,952 | -€88,373 | -27.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.