DE POLLEPEL: 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.
DE POLLEPEL
Largest movements
- Receivables within one year -€4,366
down €4,366 (-70.9%), from €6,158 to €1,792
of which Other amounts receivable: -€4,358
- Tangible fixed assets -€3,582
down €3,582 (-7.8%), from €45,783 to €42,201
- Cash -€3,280
down €3,280 (-66.4%), from €4,941 to €1,661
mainly Other debts (-€10,195) and Investment in fixed assets (net) (-€5,325)
- Deferred charges and accrued income -€2,723
down €2,723 (-73.0%), from €3,731 to €1,008
- Other debts -€10,195
down €10,195 (-18.1%), from €56,332 to €46,137
- Tax, wage and social debts -€2,869
down €2,869 (-35.9%), from €7,997 to €5,128
of which Taxes: -€3,188
- Trade debts -€1,151
down €1,151 (-10.6%), from €10,862 to €9,711
- Gross operating margin -€7,538
down €7,538 (-23.7%), from €31,866 to €24,328
- Staff costs -€5,039
down €5,039 (-28.6%), from €17,648 to €12,609
- Depreciation -€1,595
down €1,595 (-15.2%), from €10,502 to €8,907
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 | €94,180 | €79,984 | -€14,196 | -15.1% |
| Formation expenses | 20 | €1,057 | €1,057 | = | 0.0% |
| Fixed assets | 21/28 | €72,413 | €68,831 | -€3,582 | -4.9% |
| Intangible fixed assets | 21 | €26,190 | €26,190 | = | 0.0% |
| Tangible fixed assets | 22/27 | €45,783 | €42,201 | -€3,582 | -7.8% |
| Plant, machinery and equipment | 23 | €45,783 | €42,201 | -€3,582 | -7.8% |
| Financial fixed assets | 28 | €440 | €440 | = | 0.0% |
| Current assets | 29/58 | €20,710 | €10,096 | -€10,614 | -51.3% |
| Stocks and contracts in progress | 3 | €5,880 | €5,635 | -€245 | -4.2% |
| Stocks | 30/36 | €5,880 | €5,635 | -€245 | -4.2% |
| Amounts receivable within one year | 40/41 | €6,158 | €1,792 | -€4,366 | -70.9% |
| Trade receivables | 40 | €8 | - | -€8 | |
| Other amounts receivable | 41 | €6,150 | €1,792 | -€4,358 | -70.9% |
| Cash at bank and in hand | 54/58 | €4,941 | €1,661 | -€3,280 | -66.4% |
| Deferred charges and accrued income | 490/1 | €3,731 | €1,008 | -€2,723 | -73.0% |
| Total equity and liabilities | 10/49 | €94,180 | €79,984 | -€14,196 | -15.1% |
| Equity | 10/15 | €18,989 | €19,008 | +€19 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,377 | €10,377 | = | 0.0% |
| Non-distributable reserves | 130/1 | €516 | €516 | = | 0.0% |
| Reserves not available under the articles | 1311 | €516 | €516 | = | 0.0% |
| Tax-exempt reserves | 132 | €56 | €56 | = | 0.0% |
| Distributable reserves | 133 | €9,805 | €9,805 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,412 | €2,431 | +€19 | +0.8% |
| Amounts payable | 17/49 | €75,191 | €60,976 | -€14,215 | -18.9% |
| Amounts payable within one year | 42/48 | €75,191 | €60,976 | -€14,215 | -18.9% |
| Trade debts | 44 | €10,862 | €9,711 | -€1,151 | -10.6% |
| Suppliers | 440/4 | €10,862 | €9,711 | -€1,151 | -10.6% |
| Taxes, remuneration and social security | 45 | €7,997 | €5,128 | -€2,869 | -35.9% |
| Taxes | 450/3 | €7,997 | €4,809 | -€3,188 | -39.9% |
| Remuneration and social security | 454/9 | - | €319 | +€319 | |
| Other amounts payable | 47/48 | €56,332 | €46,137 | -€10,195 | -18.1% |
| Remuneration, social security and pensions | 62 | €17,648 | €12,609 | -€5,039 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,502 | €8,907 | -€1,595 | -15.2% |
| Other operating charges | 640/8 | €2,059 | €2,114 | +€55 | +2.7% |
| Gross operating margin | 9900 | €31,866 | €24,328 | -€7,538 | -23.7% |
| Operating profit (loss) | 9901 | €1,657 | €698 | -€959 | -57.9% |
| Financial income | 75/76B | €99 | €209 | +€110 | +111.1% |
| Recurring financial income | 75 | €99 | €209 | +€110 | +111.1% |
| Financial charges | 65/66B | €993 | €741 | -€252 | -25.4% |
| Recurring financial charges | 65 | €993 | €741 | -€252 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €763 | €166 | -€597 | -78.2% |
| Income taxes | 67/77 | €138 | €147 | +€9 | +6.5% |
| Profit (loss) for the period | 9904 | €625 | €19 | -€606 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €625 | €19 | -€606 | -97.0% |
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 12 October 2026 via checked.be.