B. POLOME: 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.
B. POLOME
Largest movements
- Stocks and contracts -€1.3m
down €1.3m (-100.0%), from €1.3m to €0
- Receivables after one year +€1.1m
new in 2025: €1.1m
- Tangible fixed assets -€148,520
down €148,520 (-9.9%), from €1.5m to €1.4m
of which Land and buildings: -€115,861
- Cash -€129,657
down €129,657 (-93.9%), from €138,115 to €8,458
mainly Receivables after one year (-€1.1m) and Short-term financial debts (-€427,423)
- Deferred charges and accrued income -€60,517
down €60,517 (-97.3%), from €62,196 to €1,680
- Profit (loss) carried forward +€863,439
up €863,439 (+494.5%), from €174,622 to €1.0m
- Short-term financial debts -€427,423
down €427,423 (-100.0%), from €427,423 to €0
- Other debts -€422,144
down €422,144 (-99.2%), from €425,405 to €3,261
- Trade debts -€287,644
down €287,644 (-88.1%), from €326,380 to €38,736
- Debts after one year -€185,043
down €185,043 (-12.4%), from €1.5m to €1.3m
- Gross operating margin +€625,063
up €625,063 (+90.7%), from €689,239 to €1.3m
- Staff costs -€334,571
down €334,571 (-99.4%), from €336,616 to €2,045
- Taxes +€255,401
up €255,401 (+855.7%), from €29,848 to €285,250
- Financial charges -€60,163
down €60,163 (-64.6%), from €93,197 to €33,035
- Depreciation -€15,004
down €15,004 (-10.3%), from €145,009 to €130,005
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 | €3,116,326 | €2,543,370 | -€572,956 | -18.4% |
| Fixed assets | 21/28 | €1,525,437 | €1,356,051 | -€169,386 | -11.1% |
| Intangible fixed assets | 21 | €21,056 | €191 | -€20,866 | -99.1% |
| Tangible fixed assets | 22/27 | €1,504,381 | €1,355,860 | -€148,520 | -9.9% |
| Land and buildings | 22 | €1,423,946 | €1,308,085 | -€115,861 | -8.1% |
| Plant, machinery and equipment | 23 | €20,459 | €0 | -€20,459 | -100.0% |
| Furniture and vehicles | 24 | €58,584 | €41,030 | -€17,554 | -30.0% |
| Other tangible fixed assets | 26 | €1,391 | €6,745 | +€5,354 | +385.0% |
| Current assets | 29/58 | €1,590,889 | €1,187,319 | -€403,570 | -25.4% |
| Amounts receivable after more than one year | 29 | - | €1,100,000 | +€1.1m | |
| Other amounts receivable | 291 | - | €1,100,000 | +€1.1m | |
| Stocks and contracts in progress | 3 | €1,302,053 | €0 | -€1.3m | -100.0% |
| Stocks | 30/36 | €1,302,053 | €0 | -€1.3m | -100.0% |
| Amounts receivable within one year | 40/41 | €88,525 | €77,181 | -€11,343 | -12.8% |
| Trade receivables | 40 | €85,484 | €75,836 | -€9,648 | -11.3% |
| Other amounts receivable | 41 | €3,041 | €1,346 | -€1,695 | -55.7% |
| Cash at bank and in hand | 54/58 | €138,115 | €8,458 | -€129,657 | -93.9% |
| Deferred charges and accrued income | 490/1 | €62,196 | €1,680 | -€60,517 | -97.3% |
| Total equity and liabilities | 10/49 | €3,116,326 | €2,543,370 | -€572,956 | -18.4% |
| Equity | 10/15 | €196,622 | €1,060,061 | +€863,439 | +439.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,622 | €1,038,061 | +€863,439 | +494.5% |
| Amounts payable | 17/49 | €2,919,704 | €1,483,309 | -€1.4m | -49.2% |
| Amounts payable after more than one year | 17 | €1,497,892 | €1,312,849 | -€185,043 | -12.4% |
| Financial debts | 170/4 | €1,497,892 | €1,312,849 | -€185,043 | -12.4% |
| Amounts payable within one year | 42/48 | €1,398,741 | €170,459 | -€1.2m | -87.8% |
| Current portion of amounts payable after more than one year | 42 | €89,638 | €77,213 | -€12,425 | -13.9% |
| Financial debts | 43 | €427,423 | €0 | -€427,423 | -100.0% |
| Credit institutions | 430/8 | €427,423 | €0 | -€427,423 | -100.0% |
| Trade debts | 44 | €326,380 | €38,736 | -€287,644 | -88.1% |
| Suppliers | 440/4 | €326,380 | €38,736 | -€287,644 | -88.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €129,895 | €51,249 | -€78,646 | -60.5% |
| Taxes | 450/3 | €66,496 | €48,787 | -€17,708 | -26.6% |
| Remuneration and social security | 454/9 | €63,400 | €2,462 | -€60,938 | -96.1% |
| Other amounts payable | 47/48 | €425,405 | €3,261 | -€422,144 | -99.2% |
| Accrued charges and deferred income | 492/3 | €23,071 | €0 | -€23,071 | -100.0% |
| Non-recurring operating income | 76A | €777 | €1,249,615 | +€1.2m | +160667.7% |
| Remuneration, social security and pensions | 62 | €336,616 | €2,045 | -€334,571 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145,009 | €130,005 | -€15,004 | -10.3% |
| Other operating charges | 640/8 | €3,426 | €1,625 | -€1,801 | -52.6% |
| Non-recurring operating charges | 66A | €5,202 | -€1,097 | -€6,299 | |
| Gross operating margin | 9900 | €689,239 | €1,314,302 | +€625,063 | +90.7% |
| Operating profit (loss) | 9901 | €198,987 | €1,181,724 | +€982,737 | +493.9% |
| Financial income | 75/76B | €9 | €0 | -€9 | -100.0% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100.0% |
| Financial charges | 65/66B | €93,197 | €33,035 | -€60,163 | -64.6% |
| Recurring financial charges | 65 | €93,197 | €33,035 | -€60,163 | -64.6% |
| Profit (loss) for the period before taxes | 9903 | €105,799 | €1,148,689 | +€1.0m | +985.7% |
| Income taxes | 67/77 | €29,848 | €285,250 | +€255,401 | +855.7% |
| Profit (loss) for the period | 9904 | €75,950 | €863,439 | +€787,489 | +1036.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,950 | €863,439 | +€787,489 | +1036.8% |
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 10 October 2026 via checked.be.