POELIMMO: what changed
Two fiscal 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.
POELIMMO
Largest movements
- Current investments +€202,062
new in 2025: €202,062
- Cash -€145,637
down €145,637 (-68.8%), from €211,638 to €66,001
mainly Current investments (-€202,062) and Accrued charges and deferred income (-€2,050)
- Tangible fixed assets -€17,166
down €17,166 (-4.8%), from €356,075 to €338,909
of which Land and buildings: -€16,620
- Reserves +€38,647
up €38,647 (+31.4%), from €122,975 to €161,622
- Financial income +€7,708
up €7,708 (+573.7%), from €1,344 to €9,051
- Taxes +€5,372
up €5,372 (+42.4%), from €12,663 to €18,035
- Gross operating margin +€3,183
up €3,183 (+4.2%), from €75,993 to €79,176
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 | €572,749 | €612,822 | +€40,073 | +7.0% |
| Fixed assets | 21/28 | €356,373 | €339,206 | -€17,166 | -4.8% |
| Tangible fixed assets | 22/27 | €356,075 | €338,909 | -€17,166 | -4.8% |
| Land and buildings | 22 | €355,115 | €338,495 | -€16,620 | -4.7% |
| Furniture and vehicles | 24 | €960 | €413 | -€546 | -56.9% |
| Financial fixed assets | 28 | €298 | €298 | = | 0.0% |
| Current assets | 29/58 | €216,377 | €273,616 | +€57,239 | +26.5% |
| Amounts receivable within one year | 40/41 | €1,886 | €2,656 | +€771 | +40.9% |
| Trade receivables | 40 | €1,886 | €2,656 | +€771 | +40.9% |
| Current investments | 50/53 | - | €202,062 | +€202,062 | |
| Cash at bank and in hand | 54/58 | €211,638 | €66,001 | -€145,637 | -68.8% |
| Deferred charges and accrued income | 490/1 | €2,853 | €2,897 | +€44 | +1.5% |
| Total equity and liabilities | 10/49 | €572,749 | €612,822 | +€40,073 | +7.0% |
| Equity | 10/15 | €561,746 | €600,393 | +€38,647 | +6.9% |
| Contributions | 10/11 | €438,772 | €438,772 | = | 0.0% |
| Outside capital | 11 | €438,772 | €438,772 | = | 0.0% |
| Other | 1109/19 | €438,772 | €438,772 | = | 0.0% |
| Reserves | 13 | €122,975 | €161,622 | +€38,647 | +31.4% |
| Distributable reserves | 133 | €122,975 | €161,622 | +€38,647 | +31.4% |
| Amounts payable | 17/49 | €11,003 | €12,429 | +€1,426 | +13.0% |
| Amounts payable within one year | 42/48 | €8,018 | €11,494 | +€3,476 | +43.3% |
| Trade debts | 44 | €2,707 | €1,057 | -€1,650 | -61.0% |
| Suppliers | 440/4 | €2,707 | €1,057 | -€1,650 | -61.0% |
| Taxes, remuneration and social security | 45 | €4,260 | €9,580 | +€5,320 | +124.9% |
| Taxes | 450/3 | €4,260 | €9,580 | +€5,320 | +124.9% |
| Other amounts payable | 47/48 | €1,051 | €857 | -€194 | -18.5% |
| Accrued charges and deferred income | 492/3 | €2,985 | €935 | -€2,050 | -68.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,401 | €17,166 | -€235 | -1.3% |
| Other operating charges | 640/8 | €13,596 | €14,324 | +€728 | +5.4% |
| Gross operating margin | 9900 | €75,993 | €79,176 | +€3,183 | +4.2% |
| Operating profit (loss) | 9901 | €44,996 | €47,686 | +€2,690 | +6.0% |
| Financial income | 75/76B | €1,344 | €9,051 | +€7,708 | +573.7% |
| Recurring financial income | 75 | €1,344 | €9,051 | +€7,708 | +573.7% |
| Financial charges | 65/66B | €181 | €55 | -€126 | -69.7% |
| Recurring financial charges | 65 | €181 | €55 | -€126 | -69.7% |
| Profit (loss) for the period before taxes | 9903 | €46,159 | €56,682 | +€10,524 | +22.8% |
| Income taxes | 67/77 | €12,663 | €18,035 | +€5,372 | +42.4% |
| Profit (loss) for the period | 9904 | €33,496 | €38,647 | +€5,151 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,496 | €38,647 | +€5,151 | +15.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.