GROUPE POLEMO: 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.
GROUPE POLEMO
Largest movements
- Tangible fixed assets -€36,015
down €36,015 (-2.9%), from €1.2m to €1.2m
of which Land and buildings: -€34,228
- Debts after one year -€32,092
down €32,092 (-6.1%), from €523,325 to €491,233
- Gross operating margin -€6,346
down €6,346 (-12.5%), from €50,839 to €44,493
- Depreciation -€3,435
down €3,435 (-8.2%), from €41,665 to €38,230
- Financial charges +€1,272
up €1,272 (+12.5%), from €10,161 to €11,433
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 | €1,235,595 | €1,194,752 | -€40,843 | -3.3% |
| Fixed assets | 21/28 | €1,229,026 | €1,193,011 | -€36,015 | -2.9% |
| Tangible fixed assets | 22/27 | €1,229,026 | €1,193,011 | -€36,015 | -2.9% |
| Land and buildings | 22 | €1,214,024 | €1,179,796 | -€34,228 | -2.8% |
| Plant, machinery and equipment | 23 | €276 | - | -€276 | |
| Furniture and vehicles | 24 | €2,508 | €1,667 | -€841 | -33.5% |
| Other tangible fixed assets | 26 | €12,218 | €11,548 | -€670 | -5.5% |
| Current assets | 29/58 | €6,569 | €1,741 | -€4,828 | -73.5% |
| Cash at bank and in hand | 54/58 | €5,863 | €1,741 | -€4,122 | -70.3% |
| Deferred charges and accrued income | 490/1 | €706 | - | -€706 | |
| Total equity and liabilities | 10/49 | €1,235,595 | €1,194,752 | -€40,843 | -3.3% |
| Equity | 10/15 | €288,487 | €278,676 | -€9,811 | -3.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182,287 | €172,476 | -€9,811 | -5.4% |
| Amounts payable | 17/49 | €947,108 | €916,076 | -€31,032 | -3.3% |
| Amounts payable after more than one year | 17 | €523,325 | €491,233 | -€32,092 | -6.1% |
| Financial debts | 170/4 | €523,325 | €491,233 | -€32,092 | -6.1% |
| Amounts payable within one year | 42/48 | €421,883 | €424,843 | +€2,960 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €30,960 | €31,889 | +€929 | +3.0% |
| Trade debts | 44 | €205 | €2,836 | +€2,631 | +1,283% |
| Suppliers | 440/4 | €205 | €2,836 | +€2,631 | +1,283% |
| Other amounts payable | 47/48 | €390,718 | €390,118 | -€600 | -0.2% |
| Accrued charges and deferred income | 492/3 | €1,900 | - | -€1,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,665 | €38,230 | -€3,435 | -8.2% |
| Other operating charges | 640/8 | €4,436 | €4,664 | +€228 | +5.1% |
| Gross operating margin | 9900 | €50,839 | €44,493 | -€6,346 | -12.5% |
| Operating profit (loss) | 9901 | €4,738 | €1,599 | -€3,139 | -66.3% |
| Financial income | 75/76B | - | €23 | +€23 | |
| Recurring financial income | 75 | - | €23 | +€23 | |
| Financial charges | 65/66B | €10,161 | €11,433 | +€1,272 | +12.5% |
| Recurring financial charges | 65 | €10,161 | €11,433 | +€1,272 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,423 | -€9,811 | -€4,388 | -80.9% |
| Income taxes | 67/77 | €109 | - | -€109 | |
| Profit (loss) for the period | 9904 | -€5,532 | -€9,811 | -€4,279 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,532 | -€9,811 | -€4,279 | -77.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.