Park Pollentier: 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.
Park Pollentier
Largest movements
- Tangible fixed assets +€1.8m
up €1.8m (+124%), from €1.5m to €3.3m
of which Land and buildings: +€1.7m
- Receivables within one year +€261,871
up €261,871 (+22.8%), from €1.1m to €1.4m
of which Trade receivables: +€248,936
- Cash -€216,103
down €216,103 (-98.0%), from €220,620 to €4,518
mainly Investment in fixed assets (net) (-€2.2m) and Receivables within one year (-€261,871)
- Debts after one year +€1.5m
up €1.5m (+135%), from €1.1m to €2.6m
- Short-term financial debts +€425,000
new in 2025: €425,000
- Reserves -€331,000
down €331,000 (-25.2%), from €1.3m to €981,615
of which Distributable reserves: -€331,000
- Trade debts +€281,588
up €281,588 (+574%), from €49,084 to €330,672
- Depreciation +€265,090
up €265,090 (+388%), from €68,332 to €333,422
- Gross operating margin -€166,753
down €166,753 (-33.3%), from €500,567 to €333,814
- Financial charges +€84,214
up €84,214 (+300%), from €28,109 to €112,323
- Taxes -€29,738
down €29,738 (-97.2%), from €30,590 to €852
- Staff costs +€14,297
up €14,297 (+36.9%), from €38,752 to €53,049
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 | €2,947,869 | €4,835,529 | +€1.9m | +64.0% |
| Fixed assets | 21/28 | €1,491,859 | €3,334,762 | +€1.8m | +124% |
| Tangible fixed assets | 22/27 | €1,491,859 | €3,334,762 | +€1.8m | +124% |
| Land and buildings | 22 | €1,260,076 | €2,998,538 | +€1.7m | +138% |
| Plant, machinery and equipment | 23 | €126,338 | €119,805 | -€6,533 | -5.2% |
| Furniture and vehicles | 24 | €105,445 | €216,419 | +€110,974 | +105% |
| Current assets | 29/58 | €1,456,010 | €1,500,767 | +€44,756 | +3.1% |
| Amounts receivable after more than one year | 29 | €79,433 | €79,433 | = | 0.0% |
| Other amounts receivable | 291 | €79,433 | €79,433 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,148,831 | €1,410,703 | +€261,871 | +22.8% |
| Trade receivables | 40 | €42,306 | €291,242 | +€248,936 | +588% |
| Other amounts receivable | 41 | €1,106,526 | €1,119,461 | +€12,935 | +1.2% |
| Cash at bank and in hand | 54/58 | €220,620 | €4,518 | -€216,103 | -98.0% |
| Deferred charges and accrued income | 490/1 | €7,126 | €6,113 | -€1,012 | -14.2% |
| Total equity and liabilities | 10/49 | €2,947,869 | €4,835,529 | +€1.9m | +64.0% |
| Equity | 10/15 | €1,344,122 | €1,013,242 | -€330,879 | -24.6% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €1,312,615 | €981,615 | -€331,000 | -25.2% |
| Tax-exempt reserves | 132 | €20,685 | €20,685 | = | 0.0% |
| Distributable reserves | 133 | €1,291,930 | €960,930 | -€331,000 | -25.6% |
| Profit (loss) carried forward | 14 | €520 | €640 | +€121 | +23.2% |
| Amounts payable | 17/49 | €1,603,748 | €3,822,286 | +€2.2m | +138% |
| Amounts payable after more than one year | 17 | €1,114,050 | €2,618,311 | +€1.5m | +135% |
| Financial debts | 170/4 | €1,114,050 | €2,618,311 | +€1.5m | +135% |
| Amounts payable within one year | 42/48 | €487,694 | €1,200,782 | +€713,088 | +146% |
| Current portion of amounts payable after more than one year | 42 | €132,298 | €150,738 | +€18,441 | +13.9% |
| Financial debts | 43 | - | €425,000 | +€425,000 | |
| Credit institutions | 430/8 | - | €425,000 | +€425,000 | |
| Trade debts | 44 | €49,084 | €330,672 | +€281,588 | +574% |
| Suppliers | 440/4 | €49,084 | €330,672 | +€281,588 | +574% |
| Advances received on contracts in progress | 46 | €2,943 | €0 | -€2,943 | -100% |
| Taxes, remuneration and social security | 45 | €47,179 | €7,044 | -€40,135 | -85.1% |
| Taxes | 450/3 | €43,952 | €804 | -€43,148 | -98.2% |
| Remuneration and social security | 454/9 | €3,226 | €6,240 | +€3,013 | +93.4% |
| Other amounts payable | 47/48 | €256,191 | €287,328 | +€31,136 | +12.2% |
| Accrued charges and deferred income | 492/3 | €2,004 | €3,193 | +€1,189 | +59.4% |
| Remuneration, social security and pensions | 62 | €38,752 | €53,049 | +€14,297 | +36.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,332 | €333,422 | +€265,090 | +388% |
| Other operating charges | 640/8 | €87,362 | €92,087 | +€4,725 | +5.4% |
| Gross operating margin | 9900 | €500,567 | €333,814 | -€166,753 | -33.3% |
| Operating profit (loss) | 9901 | €306,120 | -€144,744 | -€450,864 | |
| Financial income | 75/76B | €9,439 | €2,040 | -€7,399 | -78.4% |
| Recurring financial income | 75 | €9,439 | €2,040 | -€7,399 | -78.4% |
| Financial charges | 65/66B | €28,109 | €112,323 | +€84,214 | +300% |
| Recurring financial charges | 65 | €28,109 | €112,323 | +€84,214 | +300% |
| Profit (loss) for the period before taxes | 9903 | €287,450 | -€255,027 | -€542,477 | |
| Income taxes | 67/77 | €30,590 | €852 | -€29,738 | -97.2% |
| Profit (loss) for the period | 9904 | €256,860 | -€255,879 | -€512,739 | |
| Profit (loss) for the period to be appropriated | 9905 | €256,860 | -€255,879 | -€512,739 |
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 21 October 2026 via checked.be.