POY GROUP: 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.
POY GROUP
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€416,612
down €416,612 (-85.6%), from €486,603 to €69,991
- Other debts +€338,364
up €338,364 (+23.1%), from €1.5m to €1.8m
- Short-term financial debts +€150,000
new in 2025: €150,000
- Profit (loss) carried forward -€106,716
down €106,716 (-39.7%), from €269,117 to €162,400
- Current portion of long-term debt +€48,538
up €48,538 (+33.9%), from €143,074 to €191,612
- Financial income -€100,203
down €100,203 (-25.0%), from €400,123 to €299,920
- Financial charges -€52,523
down €52,523 (-48.8%), from €107,538 to €55,015
- Gross operating margin -€6,445
down €6,445 (-18.4%), from -€35,004 to -€41,449
- Other operating charges -€960
no longer reported in 2025 (was €960)
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 | €4,422,896 | €4,444,229 | +€21,333 | +0.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €4,388,800 | €4,388,800 | = | 0.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Financial fixed assets | 28 | €4,388,800 | €4,388,800 | = | 0.0% |
| Current assets | 29/58 | €34,096 | €55,429 | +€21,333 | +62.6% |
| Amounts receivable within one year | 40/41 | €27,103 | €33,109 | +€6,006 | +22.2% |
| Trade receivables | 40 | - | €26,250 | +€26,250 | |
| Other amounts receivable | 41 | €27,103 | €6,859 | -€20,244 | -74.7% |
| Cash at bank and in hand | 54/58 | €6,993 | €22,319 | +€15,327 | +219.2% |
| Total equity and liabilities | 10/49 | €4,422,896 | €4,444,229 | +€21,333 | +0.5% |
| Equity | 10/15 | €2,325,357 | €2,228,813 | -€96,543 | -4.2% |
| Contributions | 10/11 | €2,018,600 | €2,018,600 | = | 0.0% |
| Capital | 10 | €2,018,600 | €2,018,600 | = | 0.0% |
| Issued capital | 100 | €2,018,600 | €2,018,600 | = | 0.0% |
| Reserves | 13 | €37,640 | €47,813 | +€10,173 | +27.0% |
| Non-distributable reserves | 130/1 | €37,640 | €47,813 | +€10,173 | +27.0% |
| Legal reserve | 130 | €37,640 | €47,813 | +€10,173 | +27.0% |
| Profit (loss) carried forward | 14 | €269,117 | €162,400 | -€106,716 | -39.7% |
| Amounts payable | 17/49 | €2,097,539 | €2,215,415 | +€117,876 | +5.6% |
| Amounts payable after more than one year | 17 | €486,603 | €69,991 | -€416,612 | -85.6% |
| Financial debts | 170/4 | €486,603 | €69,991 | -€416,612 | -85.6% |
| Amounts payable within one year | 42/48 | €1,610,936 | €2,145,424 | +€534,489 | +33.2% |
| Current portion of amounts payable after more than one year | 42 | €143,074 | €191,612 | +€48,538 | +33.9% |
| Financial debts | 43 | - | €150,000 | +€150,000 | |
| Other loans | 439 | - | €150,000 | +€150,000 | |
| Taxes, remuneration and social security | 45 | €2,920 | €506 | -€2,414 | -82.7% |
| Taxes | 450/3 | €2,920 | €506 | -€2,414 | -82.7% |
| Other amounts payable | 47/48 | €1,464,942 | €1,803,306 | +€338,364 | +23.1% |
| Other operating charges | 640/8 | €960 | - | -€960 | |
| Gross operating margin | 9900 | -€35,004 | -€41,449 | -€6,445 | -18.4% |
| Operating profit (loss) | 9901 | -€35,964 | -€41,449 | -€5,485 | -15.3% |
| Financial income | 75/76B | €400,123 | €299,920 | -€100,203 | -25.0% |
| Recurring financial income | 75 | €400,123 | €299,920 | -€100,203 | -25.0% |
| Financial charges | 65/66B | €107,538 | €55,015 | -€52,523 | -48.8% |
| Recurring financial charges | 65 | €107,538 | €55,015 | -€52,523 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €256,621 | €203,457 | -€53,164 | -20.7% |
| Profit (loss) for the period | 9904 | €256,621 | €203,457 | -€53,164 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €256,621 | €203,457 | -€53,164 | -20.7% |
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 7 October 2026 via checked.be.