VAN POPPEL: 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.
VAN POPPEL
Largest movements
- Tangible fixed assets -€5,958
down €5,958 (-37.8%), from €15,745 to €9,786
of which Furniture and vehicles: -€5,190
- Receivables within one year +€2,450
new in 2025: €2,450
- Profit (loss) carried forward +€5,929
up €5,929 (+14.5%), from -€40,856 to -€34,927
- Current portion of long-term debt -€4,001
down €4,001 (-51.2%), from €7,810 to €3,808
- Debts after one year -€3,808
no longer reported in 2025 (was €3,808)
- Trade debts -€2,802
down €2,802 (-33.7%), from €8,306 to €5,503
- Tax, wage and social debts -€2,635
down €2,635 (-27.4%), from €9,612 to €6,976
- Gross operating margin +€21,921
up €21,921 (+665%), from €3,296 to €25,216
- Other operating charges +€3,515
up €3,515 (+111%), from €3,169 to €6,684
- Financial charges +€2,693
up €2,693 (+68.1%), from €3,952 to €6,645
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 | €26,552 | €23,194 | -€3,358 | -12.6% |
| Fixed assets | 21/28 | €15,745 | €9,786 | -€5,958 | -37.8% |
| Tangible fixed assets | 22/27 | €15,745 | €9,786 | -€5,958 | -37.8% |
| Plant, machinery and equipment | 23 | €2,769 | €2,001 | -€768 | -27.7% |
| Furniture and vehicles | 24 | €12,975 | €7,785 | -€5,190 | -40.0% |
| Current assets | 29/58 | €10,808 | €13,407 | +€2,600 | +24.1% |
| Stocks and contracts in progress | 3 | €6,000 | €6,000 | = | 0.0% |
| Stocks | 30/36 | €6,000 | €6,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €2,450 | +€2,450 | |
| Other amounts receivable | 41 | - | €2,450 | +€2,450 | |
| Cash at bank and in hand | 54/58 | €3,202 | €3,263 | +€61 | +1.9% |
| Deferred charges and accrued income | 490/1 | €1,606 | €1,694 | +€88 | +5.5% |
| Total equity and liabilities | 10/49 | €26,552 | €23,194 | -€3,358 | -12.6% |
| Equity | 10/15 | -€21,226 | -€15,297 | +€5,929 | +27.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,030 | €1,030 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,030 | €1,030 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,030 | €1,030 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,856 | -€34,927 | +€5,929 | +14.5% |
| Amounts payable | 17/49 | €47,778 | €38,490 | -€9,287 | -19.4% |
| Amounts payable after more than one year | 17 | €3,808 | - | -€3,808 | |
| Financial debts | 170/4 | €3,808 | - | -€3,808 | |
| Amounts payable within one year | 42/48 | €41,183 | €33,556 | -€7,627 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €7,810 | €3,808 | -€4,001 | -51.2% |
| Financial debts | 43 | €12,298 | €12,338 | +€40 | +0.3% |
| Credit institutions | 430/8 | €12,298 | €12,338 | +€40 | +0.3% |
| Trade debts | 44 | €8,306 | €5,503 | -€2,802 | -33.7% |
| Suppliers | 440/4 | €8,306 | €5,503 | -€2,802 | -33.7% |
| Taxes, remuneration and social security | 45 | €9,612 | €6,976 | -€2,635 | -27.4% |
| Taxes | 450/3 | €9,612 | €6,976 | -€2,635 | -27.4% |
| Other amounts payable | 47/48 | €3,158 | €4,930 | +€1,773 | +56.1% |
| Accrued charges and deferred income | 492/3 | €2,786 | €4,934 | +€2,148 | +77.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,980 | €5,958 | -€22 | -0.4% |
| Other operating charges | 640/8 | €3,169 | €6,684 | +€3,515 | +111% |
| Gross operating margin | 9900 | €3,296 | €25,216 | +€21,921 | +665% |
| Operating profit (loss) | 9901 | -€5,854 | €12,574 | +€18,428 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,952 | €6,645 | +€2,693 | +68.1% |
| Recurring financial charges | 65 | €3,952 | €6,645 | +€2,693 | +68.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,806 | €5,929 | +€15,735 | |
| Profit (loss) for the period | 9904 | -€9,806 | €5,929 | +€15,735 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,806 | €5,929 | +€15,735 |
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 22 October 2026 via checked.be.