POZZOLO: what changed
POZZOLO
Largest movements
- Receivables within one year -€176,761
down €176,761 (-51.7%), from €342,085 to €165,323
of which Trade receivables: -€137,451
- Cash +€96,259
up €96,259 (+98.9%), from €97,378 to €193,637
mainly Receivables within one year (+€176,761) and Stocks and contracts (+€45,852)
- Stocks and contracts -€45,852
down €45,852 (-18.2%), from €252,409 to €206,557
of which Contracts in progress: -€36,658
- Other debts -€105,884
down €105,884 (-26.5%), from €398,861 to €292,977
- Tax, wage and social debts -€25,861
down €25,861 (-66.7%), from €38,767 to €12,906
of which Remuneration and social security: -€25,454
- Reserves +€13,280
up €13,280 (+5.0%), from €263,282 to €276,562
- Accrued charges and deferred income -€11,487
down €11,487 (-85.3%), from €13,459 to €1,972
- Staff costs -€62,064
down €62,064 (-20.0%), from €310,176 to €248,111
- Other operating charges +€44,398
up €44,398 (+884%), from €5,022 to €49,420
- Financial income -€5,333
down €5,333 (-45.2%), from €11,796 to €6,462
- Financial charges +€5,269
up €5,269 (+25.9%), from €20,312 to €25,581
- Gross operating margin +€4,695
up €4,695 (+1.3%), from €362,226 to €366,921
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €787,727 | €656,797 | -€130,930 | -16.6% |
| Fixed assets | 21/28 | €87,737 | €83,265 | -€4,472 | -5.1% |
| Intangible fixed assets | 21 | €1,013 | €799 | -€214 | -21.1% |
| Tangible fixed assets | 22/27 | €86,723 | €82,466 | -€4,258 | -4.9% |
| Plant, machinery and equipment | 23 | €5,519 | €2,973 | -€2,546 | -46.1% |
| Furniture and vehicles | 24 | €33,930 | €39,271 | +€5,341 | +15.7% |
| Other tangible fixed assets | 26 | €47,275 | €40,221 | -€7,053 | -14.9% |
| Current assets | 29/58 | €699,990 | €573,532 | -€126,459 | -18.1% |
| Stocks and contracts in progress | 3 | €252,409 | €206,557 | -€45,852 | -18.2% |
| Stocks | 30/36 | €201,450 | €192,257 | -€9,194 | -4.6% |
| Contracts in progress | 37 | €50,958 | €14,300 | -€36,658 | -71.9% |
| Amounts receivable within one year | 40/41 | €342,085 | €165,323 | -€176,761 | -51.7% |
| Trade receivables | 40 | €286,142 | €148,690 | -€137,451 | -48.0% |
| Other amounts receivable | 41 | €55,943 | €16,633 | -€39,310 | -70.3% |
| Cash at bank and in hand | 54/58 | €97,378 | €193,637 | +€96,259 | +98.9% |
| Deferred charges and accrued income | 490/1 | €8,119 | €8,015 | -€104 | -1.3% |
| Total equity and liabilities | 10/49 | €787,727 | €656,797 | -€130,930 | -16.6% |
| Equity | 10/15 | €284,365 | €297,645 | +€13,280 | +4.7% |
| Contributions | 10/11 | €21,083 | €21,083 | = | 0.0% |
| Reserves | 13 | €263,282 | €276,562 | +€13,280 | +5.0% |
| Distributable reserves | 133 | €263,282 | €276,562 | +€13,280 | +5.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €503,363 | €359,152 | -€144,211 | -28.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €489,904 | €357,180 | -€132,724 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €4,309 | €0 | -€4,309 | -100% |
| Trade debts | 44 | €47,966 | €51,297 | +€3,331 | +6.9% |
| Suppliers | 440/4 | €47,966 | €51,297 | +€3,331 | +6.9% |
| Taxes, remuneration and social security | 45 | €38,767 | €12,906 | -€25,861 | -66.7% |
| Taxes | 450/3 | €2,595 | €2,188 | -€407 | -15.7% |
| Remuneration and social security | 454/9 | €36,172 | €10,717 | -€25,454 | -70.4% |
| Other amounts payable | 47/48 | €398,861 | €292,977 | -€105,884 | -26.5% |
| Accrued charges and deferred income | 492/3 | €13,459 | €1,972 | -€11,487 | -85.3% |
| Remuneration, social security and pensions | 62 | €310,176 | €248,111 | -€62,064 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,861 | €25,024 | +€163 | +0.7% |
| Other operating charges | 640/8 | €5,022 | €49,420 | +€44,398 | +884% |
| Gross operating margin | 9900 | €362,226 | €366,921 | +€4,695 | +1.3% |
| Operating profit (loss) | 9901 | €22,168 | €44,365 | +€22,197 | +100% |
| Financial income | 75/76B | €11,796 | €6,462 | -€5,333 | -45.2% |
| Recurring financial income | 75 | €11,796 | €6,462 | -€5,333 | -45.2% |
| Financial charges | 65/66B | €20,312 | €25,581 | +€5,269 | +25.9% |
| Recurring financial charges | 65 | €20,312 | €25,581 | +€5,269 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | €13,651 | €25,246 | +€11,595 | +84.9% |
| Income taxes | 67/77 | €7,510 | €11,965 | +€4,455 | +59.3% |
| Profit (loss) for the period | 9904 | €6,141 | €13,280 | +€7,140 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €6,141 | €13,280 | +€7,140 | +116% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.