NEW POLOMED: 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.
NEW POLOMED
Largest movements
- Receivables within one year +€49,203
up €49,203 (+41.0%), from €120,000 to €169,203
- Intangible fixed assets +€29,950
up €29,950 (+178%), from €16,788 to €46,738
- Financial fixed assets -€20,000
no longer reported in 2025 (was €20,000)
- Tangible fixed assets -€10,137
down €10,137 (-35.6%), from €28,465 to €18,329
of which Furniture and vehicles: -€10,861
- Reserves +€37,000
up €37,000 (+14.0%), from €264,208 to €301,208
- Trade debts +€6,897
up €6,897 (+979%), from €704 to €7,602
- Tax, wage and social debts +€6,569
up €6,569 (+93.8%), from €7,000 to €13,569
- Gross operating margin +€61,724
up €61,724 (+168%), from €36,830 to €98,554
- Other operating charges +€23,121
up €23,121 (+5,873%), from €394 to €23,515
- Depreciation +€15,983
up €15,983 (+155%), from €10,298 to €26,281
- Taxes +€8,969
up €8,969 (+390%), from €2,300 to €11,269
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 | €334,531 | €384,307 | +€49,776 | +14.9% |
| Fixed assets | 21/28 | €65,253 | €65,066 | -€187 | -0.3% |
| Intangible fixed assets | 21 | €16,788 | €46,738 | +€29,950 | +178% |
| Tangible fixed assets | 22/27 | €28,465 | €18,329 | -€10,137 | -35.6% |
| Land and buildings | 22 | €5,640 | €5,407 | -€233 | -4.1% |
| Plant, machinery and equipment | 23 | €543 | €1,500 | +€957 | +176% |
| Furniture and vehicles | 24 | €22,283 | €11,422 | -€10,861 | -48.7% |
| Financial fixed assets | 28 | €20,000 | - | -€20,000 | |
| Current assets | 29/58 | €269,278 | €319,240 | +€49,962 | +18.6% |
| Amounts receivable within one year | 40/41 | €120,000 | €169,203 | +€49,203 | +41.0% |
| Other amounts receivable | 41 | €120,000 | €169,203 | +€49,203 | +41.0% |
| Current investments | 50/53 | €116,056 | €116,056 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €31,435 | €31,680 | +€245 | +0.8% |
| Deferred charges and accrued income | 490/1 | €1,787 | €2,301 | +€514 | +28.8% |
| Total equity and liabilities | 10/49 | €334,531 | €384,307 | +€49,776 | +14.9% |
| Equity | 10/15 | €325,740 | €363,136 | +€37,396 | +11.5% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €264,208 | €301,208 | +€37,000 | +14.0% |
| Distributable reserves | 133 | €264,208 | €301,208 | +€37,000 | +14.0% |
| Profit (loss) carried forward | 14 | €47,272 | €47,668 | +€396 | +0.8% |
| Amounts payable | 17/49 | €8,791 | €21,171 | +€12,380 | +141% |
| Amounts payable within one year | 42/48 | €8,791 | €21,171 | +€12,380 | +141% |
| Trade debts | 44 | €704 | €7,602 | +€6,897 | +979% |
| Suppliers | 440/4 | €704 | €7,602 | +€6,897 | +979% |
| Taxes, remuneration and social security | 45 | €7,000 | €13,569 | +€6,569 | +93.8% |
| Taxes | 450/3 | €7,000 | €13,569 | +€6,569 | +93.8% |
| Other amounts payable | 47/48 | €1,087 | - | -€1,087 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,298 | €26,281 | +€15,983 | +155% |
| Other operating charges | 640/8 | €394 | €23,515 | +€23,121 | +5,873% |
| Gross operating margin | 9900 | €36,830 | €98,554 | +€61,724 | +168% |
| Operating profit (loss) | 9901 | €26,138 | €48,758 | +€22,619 | +86.5% |
| Financial charges | 65/66B | €96 | €93 | -€3 | -2.8% |
| Recurring financial charges | 65 | €96 | €93 | -€3 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €26,043 | €48,665 | +€22,622 | +86.9% |
| Income taxes | 67/77 | €2,300 | €11,269 | +€8,969 | +390% |
| Profit (loss) for the period | 9904 | €23,743 | €37,396 | +€13,653 | +57.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,743 | €37,396 | +€13,653 | +57.5% |
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 23 October 2026 via checked.be.