poum tchak: 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.
poum tchak
Largest movements
- Tangible fixed assets +€35,646
up €35,646 (+504%), from €7,078 to €42,724
of which Other tangible fixed assets: +€32,155
- Cash +€8,387
up €8,387 (+25.4%), from €33,079 to €41,466
mainly Debts after one year (+€28,858) and Other debts (+€21,047)
- Receivables within one year +€3,850
up €3,850 (+18.5%), from €20,820 to €24,671
of which Other amounts receivable: +€4,592
- Debts after one year +€28,858
new in 2025: €28,858
- Other debts +€21,047
up €21,047 (+66.3%), from €31,738 to €52,785
- Trade debts -€7,308
down €7,308 (-64.3%), from €11,367 to €4,059
- Current portion of long-term debt +€5,026
new in 2025: €5,026
- Profit (loss) carried forward +€1,303
up €1,303 (+42.0%), from €3,100 to €4,403
- Gross operating margin -€4,769
down €4,769 (-29.7%), from €16,060 to €11,291
- Depreciation +€4,187
up €4,187 (+197%), from €2,122 to €6,309
- Taxes -€2,808
down €2,808 (-65.9%), from €4,261 to €1,452
- Financial charges +€1,452
up €1,452 (+635%), from €229 to €1,681
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 | €61,278 | €109,661 | +€48,383 | +79.0% |
| Fixed assets | 21/28 | €7,378 | €43,024 | +€35,646 | +483% |
| Intangible fixed assets | 21 | €300 | €300 | = | 0.0% |
| Tangible fixed assets | 22/27 | €7,078 | €42,724 | +€35,646 | +504% |
| Furniture and vehicles | 24 | €1,431 | €4,921 | +€3,490 | +244% |
| Other tangible fixed assets | 26 | €5,647 | €37,802 | +€32,155 | +569% |
| Current assets | 29/58 | €53,900 | €66,637 | +€12,737 | +23.6% |
| Amounts receivable within one year | 40/41 | €20,820 | €24,671 | +€3,850 | +18.5% |
| Trade receivables | 40 | €18,865 | €18,124 | -€741 | -3.9% |
| Other amounts receivable | 41 | €1,955 | €6,547 | +€4,592 | +235% |
| Current investments | 50/53 | - | €500 | +€500 | |
| Cash at bank and in hand | 54/58 | €33,079 | €41,466 | +€8,387 | +25.4% |
| Total equity and liabilities | 10/49 | €61,278 | €109,661 | +€48,383 | +79.0% |
| Equity | 10/15 | €9,300 | €10,603 | +€1,303 | +14.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,100 | €4,403 | +€1,303 | +42.0% |
| Amounts payable | 17/49 | €51,978 | €99,058 | +€47,080 | +90.6% |
| Amounts payable after more than one year | 17 | - | €28,858 | +€28,858 | |
| Financial debts | 170/4 | - | €28,858 | +€28,858 | |
| Amounts payable within one year | 42/48 | €51,978 | €70,200 | +€18,222 | +35.1% |
| Current portion of amounts payable after more than one year | 42 | - | €5,026 | +€5,026 | |
| Trade debts | 44 | €11,367 | €4,059 | -€7,308 | -64.3% |
| Suppliers | 440/4 | €11,367 | €4,059 | -€7,308 | -64.3% |
| Taxes, remuneration and social security | 45 | €8,874 | €8,330 | -€544 | -6.1% |
| Taxes | 450/3 | €8,874 | €8,330 | -€544 | -6.1% |
| Other amounts payable | 47/48 | €31,738 | €52,785 | +€21,047 | +66.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,122 | €6,309 | +€4,187 | +197% |
| Other operating charges | 640/8 | €432 | €546 | +€114 | +26.4% |
| Gross operating margin | 9900 | €16,060 | €11,291 | -€4,769 | -29.7% |
| Operating profit (loss) | 9901 | €13,506 | €4,436 | -€9,070 | -67.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -66.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €229 | €1,681 | +€1,452 | +635% |
| Recurring financial charges | 65 | €229 | €1,681 | +€1,452 | +635% |
| Profit (loss) for the period before taxes | 9903 | €13,277 | €2,755 | -€10,522 | -79.2% |
| Income taxes | 67/77 | €4,261 | €1,452 | -€2,808 | -65.9% |
| Profit (loss) for the period | 9904 | €9,017 | €1,303 | -€7,714 | -85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,017 | €1,303 | -€7,714 | -85.5% |
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 13 October 2026 via checked.be.