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.
What changed
POO POO STYLE
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€631,610
2024 · €1.1m-€425,505
Equity
€2.3m
2024 · €1.8m+€514,250
Cash
€867,336
2024 · €541,539+€325,797
Balance sheet total
€3.9m
2024 · €3.2m+€671,630
Largest movements
Assets
- Tangible fixed assets +€411,133
up €411,133 (+39.9%), from €1.0m to €1.4m
of which Land and buildings: +€457,979
- Cash +€325,797
up €325,797 (+60.2%), from €541,539 to €867,336
mainly Net result for the year (+€631,610) and Current investments (+€235,092)
- Current investments -€235,092
down €235,092 (-47.0%), from €500,000 to €264,908
- Stocks and contracts +€145,673
up €145,673 (+18.8%), from €775,972 to €921,645
Equity and liabilities
- Reserves +€514,250
up €514,250 (+28.4%), from €1.8m to €2.3m
of which Distributable reserves: +€465,996
- Debts after one year +€97,184
up €97,184 (+14.5%), from €668,006 to €765,190
- Short-term financial debts +€49,259
up €49,259 (+32.7%), from €150,741 to €200,000
Income statement
- Gross operating margin -€461,630
down €461,630 (-24.9%), from €1.9m to €1.4m
- Taxes -€104,333
down €104,333 (-27.0%), from €385,723 to €281,390
- Write-downs +€29,818
new in 2025: €29,818
- Financial charges +€25,901
up €25,901 (+51.3%), from €50,452 to €76,353
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.
Result 2024
€1.1m
Gross operating margin
-€461,630
Staff costs
+€12,272
Depreciation
-€292
Write-downs
-€29,818
Other operating charges
-€18,125
Financial income
+€9,741
Financial charges
-€25,901
Taxes
+€104,333
Deferred taxes and other
-€16,085
Result 2025
€631,610
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.
From operations
+€653,361
Investment
-€359,333
Financing
+€31,769
Cash 2024
€541,539
From operations (derived)
+€653,361
Net result for the year
+€631,610
Depreciation
+€183,292
Stocks and contracts
-€145,673
Receivables within one year
-€20,229
Deferred charges and accrued income
-€3,890
Provisions
+€16,085
Trade debts
+€7,178
Tax, wage and social debts
-€18,653
Other debts
+€3,827
Accrued charges and deferred income
-€186
Investment (derived)
-€359,333
Investment in fixed assets (net)
-€594,425
Current investments
+€235,092
Financing
+€31,769
Debts after one year
+€97,184
Current portion of long-term debt
+€2,686
Short-term financial debts
+€49,259
Contributions, distributions and other
-€117,360
Cash 2025
€867,336
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,224,098 | €3,895,728 | +€671,630 | +20.8% |
| Fixed assets | 21/28 | €1,037,645 | €1,448,778 | +€411,133 | +39.6% |
| Tangible fixed assets | 22/27 | €1,029,695 | €1,440,828 | +€411,133 | +39.9% |
| Land and buildings | 22 | €838,778 | €1,296,757 | +€457,979 | +54.6% |
| Plant, machinery and equipment | 23 | €7,488 | €6,520 | -€968 | -12.9% |
| Furniture and vehicles | 24 | €162,895 | €114,719 | -€48,176 | -29.6% |
| Other tangible fixed assets | 26 | €20,534 | €22,832 | +€2,298 | +11.2% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €7,950 | €7,950 | = | 0.0% |
| Current assets | 29/58 | €2,186,453 | €2,446,950 | +€260,497 | +11.9% |
| Stocks and contracts in progress | 3 | €775,972 | €921,645 | +€145,673 | +18.8% |
| Stocks | 30/36 | €775,972 | €921,645 | +€145,673 | +18.8% |
| Amounts receivable within one year | 40/41 | €367,185 | €387,414 | +€20,229 | +5.5% |
| Trade receivables | 40 | €367,185 | €386,853 | +€19,668 | +5.4% |
| Other amounts receivable | 41 | - | €561 | +€561 | |
| Current investments | 50/53 | €500,000 | €264,908 | -€235,092 | -47.0% |
| Cash at bank and in hand | 54/58 | €541,539 | €867,336 | +€325,797 | +60.2% |
| Deferred charges and accrued income | 490/1 | €1,757 | €5,647 | +€3,890 | +221.4% |
| Total equity and liabilities | 10/49 | €3,224,098 | €3,895,728 | +€671,630 | +20.8% |
| Equity | 10/15 | €1,832,528 | €2,346,778 | +€514,250 | +28.1% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,813,528 | €2,327,778 | +€514,250 | +28.4% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €48,254 | +€48,254 | |
| Distributable reserves | 133 | €1,811,628 | €2,277,624 | +€465,996 | +25.7% |
| Provisions and deferred taxes | 16 | - | €16,085 | +€16,085 | |
| Deferred taxes | 168 | - | €16,085 | +€16,085 | |
| Amounts payable | 17/49 | €1,391,570 | €1,532,865 | +€141,295 | +10.2% |
| Amounts payable after more than one year | 17 | €668,006 | €765,190 | +€97,184 | +14.5% |
| Financial debts | 170/4 | €668,006 | €765,190 | +€97,184 | +14.5% |
| Amounts payable within one year | 42/48 | €711,856 | €756,153 | +€44,297 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €108,888 | €111,574 | +€2,686 | +2.5% |
| Financial debts | 43 | €150,741 | €200,000 | +€49,259 | +32.7% |
| Credit institutions | 430/8 | €150,741 | €200,000 | +€49,259 | +32.7% |
| Trade debts | 44 | €255,305 | €262,483 | +€7,178 | +2.8% |
| Suppliers | 440/4 | €255,305 | €262,483 | +€7,178 | +2.8% |
| Taxes, remuneration and social security | 45 | €183,633 | €164,980 | -€18,653 | -10.2% |
| Taxes | 450/3 | €160,532 | €133,187 | -€27,345 | -17.0% |
| Remuneration and social security | 454/9 | €23,101 | €31,793 | +€8,692 | +37.6% |
| Other amounts payable | 47/48 | €13,289 | €17,116 | +€3,827 | +28.8% |
| Accrued charges and deferred income | 492/3 | €11,708 | €11,522 | -€186 | -1.6% |
| Remuneration, social security and pensions | 62 | €163,095 | €150,823 | -€12,272 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €183,000 | €183,292 | +€292 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €29,818 | +€29,818 | |
| Other operating charges | 640/8 | €14,287 | €32,412 | +€18,125 | +126.9% |
| Gross operating margin | 9900 | €1,852,704 | €1,391,074 | -€461,630 | -24.9% |
| Operating profit (loss) | 9901 | €1,492,322 | €994,729 | -€497,593 | -33.3% |
| Financial income | 75/76B | €968 | €10,709 | +€9,741 | +1006.3% |
| Recurring financial income | 75 | €968 | €10,709 | +€9,741 | +1006.3% |
| Financial charges | 65/66B | €50,452 | €76,353 | +€25,901 | +51.3% |
| Recurring financial charges | 65 | €50,452 | €76,353 | +€25,901 | +51.3% |
| Profit (loss) for the period before taxes | 9903 | €1,442,838 | €929,085 | -€513,753 | -35.6% |
| Transfer to deferred taxes | 680 | - | €16,085 | +€16,085 | |
| Income taxes | 67/77 | €385,723 | €281,390 | -€104,333 | -27.0% |
| Profit (loss) for the period | 9904 | €1,057,115 | €631,610 | -€425,505 | -40.3% |
| Transfer to tax-exempt reserves | 689 | - | €48,254 | +€48,254 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,057,115 | €583,356 | -€473,759 | -44.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.