POHLEN AG: 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.
POHLEN AG
Largest movements
- Cash +€453,947
up €453,947 (+112%), from €405,714 to €859,661
mainly Stocks and contracts (+€317,942) and Net result for the year (+€214,993)
- Stocks and contracts -€317,942
down €317,942 (-12.4%), from €2.6m to €2.2m
- Receivables within one year -€57,646
down €57,646 (-10.7%), from €536,734 to €479,088
of which Trade receivables: -€47,112
- Reserves +€164,993
up €164,993 (+20.3%), from €813,690 to €978,683
of which Distributable reserves: +€164,993
- Debts after one year -€160,583
down €160,583 (-9.2%), from €1.8m to €1.6m
of which Financial debts: -€160,583
- Other debts +€59,393
up €59,393 (+72.6%), from €81,860 to €141,253
- Tax, wage and social debts +€53,901
up €53,901 (+187%), from €28,814 to €82,716
of which Taxes: +€39,916
- Trade debts -€45,940
down €45,940 (-5.5%), from €830,127 to €784,187
- Gross operating margin +€200,342
up €200,342 (+31.9%), from €628,739 to €829,081
- Depreciation +€45,883
up €45,883 (+28.5%), from €160,733 to €206,616
- Staff costs +€34,063
up €34,063 (+17.1%), from €199,698 to €233,761
- Taxes +€33,631
up €33,631 (+64.5%), from €52,141 to €85,772
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 | €4,313,310 | €4,377,612 | +€64,303 | +1.5% |
| Fixed assets | 21/28 | €760,036 | €749,105 | -€10,930 | -1.4% |
| Tangible fixed assets | 22/27 | €758,941 | €748,010 | -€10,930 | -1.4% |
| Plant, machinery and equipment | 23 | €14,004 | €10,396 | -€3,608 | -25.8% |
| Furniture and vehicles | 24 | €744,937 | €737,614 | -€7,322 | -1.0% |
| Financial fixed assets | 28 | €1,095 | €1,095 | = | 0.0% |
| Current assets | 29/58 | €3,553,274 | €3,628,507 | +€75,233 | +2.1% |
| Stocks and contracts in progress | 3 | €2,560,192 | €2,242,251 | -€317,942 | -12.4% |
| Stocks | 30/36 | €2,560,192 | €2,242,251 | -€317,942 | -12.4% |
| Amounts receivable within one year | 40/41 | €536,734 | €479,088 | -€57,646 | -10.7% |
| Trade receivables | 40 | €470,149 | €423,037 | -€47,112 | -10.0% |
| Other amounts receivable | 41 | €66,585 | €56,051 | -€10,534 | -15.8% |
| Cash at bank and in hand | 54/58 | €405,714 | €859,661 | +€453,947 | +112% |
| Deferred charges and accrued income | 490/1 | €50,633 | €47,507 | -€3,126 | -6.2% |
| Total equity and liabilities | 10/49 | €4,313,310 | €4,377,612 | +€64,303 | +1.5% |
| Equity | 10/15 | €1,379,386 | €1,546,819 | +€167,434 | +12.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €813,690 | €978,683 | +€164,993 | +20.3% |
| Non-distributable reserves | 130/1 | €57,940 | €57,940 | = | 0.0% |
| Legal reserve | 130 | €57,940 | €57,940 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €737,000 | €901,993 | +€164,993 | +22.4% |
| Profit (loss) carried forward | 14 | €491,854 | €491,854 | = | 0.0% |
| Investment grants | 15 | €11,868 | €14,308 | +€2,440 | +20.6% |
| Amounts payable | 17/49 | €2,933,924 | €2,830,793 | -€103,131 | -3.5% |
| Amounts payable after more than one year | 17 | €1,752,029 | €1,591,446 | -€160,583 | -9.2% |
| Financial debts | 170/4 | €237,529 | €76,946 | -€160,583 | -67.6% |
| Other amounts payable | 178/9 | €1,514,500 | €1,514,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,106,466 | €1,165,365 | +€58,899 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €165,665 | €157,209 | -€8,455 | -5.1% |
| Trade debts | 44 | €830,127 | €784,187 | -€45,940 | -5.5% |
| Suppliers | 440/4 | €830,127 | €784,187 | -€45,940 | -5.5% |
| Taxes, remuneration and social security | 45 | €28,814 | €82,716 | +€53,901 | +187% |
| Taxes | 450/3 | €10,807 | €50,723 | +€39,916 | +369% |
| Remuneration and social security | 454/9 | €18,007 | €31,993 | +€13,985 | +77.7% |
| Other amounts payable | 47/48 | €81,860 | €141,253 | +€59,393 | +72.6% |
| Accrued charges and deferred income | 492/3 | €75,429 | €73,982 | -€1,446 | -1.9% |
| Non-recurring operating income | 76A | €32,324 | €24,143 | -€8,180 | -25.3% |
| Remuneration, social security and pensions | 62 | €199,698 | €233,761 | +€34,063 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,733 | €206,616 | +€45,883 | +28.5% |
| Other operating charges | 640/8 | €5,439 | €5,982 | +€542 | +10.0% |
| Non-recurring operating charges | 66A | €539 | €1,680 | +€1,142 | +212% |
| Gross operating margin | 9900 | €628,739 | €829,081 | +€200,342 | +31.9% |
| Operating profit (loss) | 9901 | €262,331 | €381,042 | +€118,711 | +45.3% |
| Financial income | 75/76B | €19,899 | €12,381 | -€7,518 | -37.8% |
| Recurring financial income | 75 | €19,899 | €12,381 | -€7,518 | -37.8% |
| Financial charges | 65/66B | €92,338 | €92,657 | +€319 | +0.3% |
| Recurring financial charges | 65 | €92,338 | €92,657 | +€319 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €189,891 | €300,766 | +€110,874 | +58.4% |
| Income taxes | 67/77 | €52,141 | €85,772 | +€33,631 | +64.5% |
| Profit (loss) for the period | 9904 | €137,750 | €214,993 | +€77,243 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €137,750 | €214,993 | +€77,243 | +56.1% |
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 19 October 2026 via checked.be.