T. POUPEYE: what changed
T. POUPEYE
Largest movements
- Cash -€5,398
down €5,398 (-19.4%), from €27,811 to €22,413
mainly Tax, wage and social debts (-€10,675) and Net result for the year (-€5,107)
- Receivables within one year -€1,688
down €1,688 (-13.3%), from €12,675 to €10,986
of which Trade receivables: -€2,230
- Formation expenses -€916
no longer reported in 2025 (was €916)
- Tax, wage and social debts -€10,675
down €10,675 (-66.9%), from €15,951 to €5,276
of which Taxes: -€10,675
- Trade debts +€7,601
up €7,601 (+3,141%), from €242 to €7,843
- Profit (loss) carried forward -€5,107
new in 2025: -€5,107
- Gross operating margin -€28,063
down €28,063, from €26,079 to -€1,984
- Taxes -€4,359
down €4,359 (-84.9%), from €5,135 to €776
- Financial charges +€875
new in 2025: €875
- Depreciation +€757
up €757 (+478%), from €158 to €916
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 | €41,401 | €33,637 | -€7,764 | -18.8% |
| Formation expenses | 20 | €916 | - | -€916 | |
| Current assets | 29/58 | €40,486 | €33,637 | -€6,849 | -16.9% |
| Amounts receivable within one year | 40/41 | €12,675 | €10,986 | -€1,688 | -13.3% |
| Trade receivables | 40 | €10,595 | €8,365 | -€2,230 | -21.0% |
| Other amounts receivable | 41 | €2,080 | €2,621 | +€541 | +26.0% |
| Cash at bank and in hand | 54/58 | €27,811 | €22,413 | -€5,398 | -19.4% |
| Deferred charges and accrued income | 490/1 | - | €238 | +€238 | |
| Total equity and liabilities | 10/49 | €41,401 | €33,637 | -€7,764 | -18.8% |
| Equity | 10/15 | €25,209 | €20,102 | -€5,107 | -20.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,209 | €20,209 | = | 0.0% |
| Distributable reserves | 133 | €20,209 | €20,209 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,107 | -€5,107 | |
| Amounts payable | 17/49 | €16,193 | €13,535 | -€2,658 | -16.4% |
| Amounts payable within one year | 42/48 | €16,193 | €13,520 | -€2,673 | -16.5% |
| Trade debts | 44 | €242 | €7,843 | +€7,601 | +3,141% |
| Suppliers | 440/4 | €242 | €7,843 | +€7,601 | +3,141% |
| Advances received on contracts in progress | 46 | - | €402 | +€402 | |
| Taxes, remuneration and social security | 45 | €15,951 | €5,276 | -€10,675 | -66.9% |
| Taxes | 450/3 | €12,351 | €1,676 | -€10,675 | -86.4% |
| Remuneration and social security | 454/9 | €3,600 | €3,600 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €15 | +€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158 | €916 | +€757 | +478% |
| Other operating charges | 640/8 | €578 | €599 | +€21 | +3.6% |
| Gross operating margin | 9900 | €26,079 | -€1,984 | -€28,063 | |
| Operating profit (loss) | 9901 | €25,343 | -€3,498 | -€28,842 | |
| Financial income | 75/76B | - | €43 | +€43 | |
| Recurring financial income | 75 | - | €43 | +€43 | |
| Financial charges | 65/66B | - | €875 | +€875 | |
| Recurring financial charges | 65 | - | €875 | +€875 | |
| Profit (loss) for the period before taxes | 9903 | €25,343 | -€4,331 | -€29,674 | |
| Income taxes | 67/77 | €5,135 | €776 | -€4,359 | -84.9% |
| Profit (loss) for the period | 9904 | €20,209 | -€5,107 | -€25,315 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,209 | -€5,107 | -€25,315 |
Next steps
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 3 November 2026 via checked.be.