POL MOT: 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.
POL MOT
Largest movements
- Tangible fixed assets -€32,015
down €32,015 (-15.8%), from €202,460 to €170,446
of which Land and buildings: -€17,908
- Receivables within one year -€31,902
down €31,902 (-20.3%), from €157,301 to €125,399
of which Other amounts receivable: -€65,200
- Financial fixed assets +€24,950
new in 2022: €24,950
- Cash -€5,366
down €5,366 (-48.4%), from €11,087 to €5,720
mainly Net result for the year (-€40,062) and Tax, wage and social debts (-€27,456)
- Profit (loss) carried forward -€40,062
down €40,062 (-7.5%), from -€534,598 to -€574,660
- Tax, wage and social debts -€27,456
down €27,456 (-11.5%), from €239,338 to €211,882
of which Remuneration and social security: -€27,223
- Trade debts +€16,436
up €16,436 (+9.7%), from €169,233 to €185,669
- Accrued charges and deferred income +€7,966
up €7,966 (+379%), from €2,100 to €10,066
- Gross operating margin -€489,660
down €489,660 (-61.6%), from €794,930 to €305,270
- Staff costs -€130,831
down €130,831 (-32.1%), from €406,961 to €276,130
- Financial charges -€25,872
down €25,872 (-39.3%), from €65,781 to €39,909
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €394,645 | €348,621 | -€46,024 | -11.7% |
| Fixed assets | 21/28 | €202,460 | €195,396 | -€7,065 | -3.5% |
| Tangible fixed assets | 22/27 | €202,460 | €170,446 | -€32,015 | -15.8% |
| Land and buildings | 22 | €185,544 | €167,636 | -€17,908 | -9.7% |
| Furniture and vehicles | 24 | €15,908 | €1,914 | -€13,994 | -88.0% |
| Other tangible fixed assets | 26 | €1,007 | €896 | -€112 | -11.1% |
| Financial fixed assets | 28 | - | €24,950 | +€24,950 | |
| Current assets | 29/58 | €192,185 | €153,226 | -€38,959 | -20.3% |
| Stocks and contracts in progress | 3 | €19,982 | €16,534 | -€3,448 | -17.3% |
| Stocks | 30/36 | €19,982 | €16,534 | -€3,448 | -17.3% |
| Amounts receivable within one year | 40/41 | €157,301 | €125,399 | -€31,902 | -20.3% |
| Trade receivables | 40 | €67,325 | €100,623 | +€33,298 | +49.5% |
| Other amounts receivable | 41 | €89,976 | €24,776 | -€65,200 | -72.5% |
| Cash at bank and in hand | 54/58 | €11,087 | €5,720 | -€5,366 | -48.4% |
| Deferred charges and accrued income | 490/1 | €3,816 | €5,572 | +€1,757 | +46.0% |
| Total equity and liabilities | 10/49 | €394,645 | €348,621 | -€46,024 | -11.7% |
| Equity | 10/15 | -€30,926 | -€70,988 | -€40,062 | -130% |
| Contributions | 10/11 | €144,301 | €144,301 | = | 0.0% |
| Capital | 10 | €144,301 | €144,301 | = | 0.0% |
| Issued capital | 100 | €144,301 | €144,301 | = | 0.0% |
| Revaluation surpluses | 12 | €182,525 | €182,525 | = | 0.0% |
| Reserves | 13 | €176,846 | €176,846 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,230 | €8,230 | = | 0.0% |
| Legal reserve | 130 | €8,230 | €8,230 | = | 0.0% |
| Distributable reserves | 133 | €168,616 | €168,616 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€534,598 | -€574,660 | -€40,062 | -7.5% |
| Amounts payable | 17/49 | €425,571 | €419,610 | -€5,962 | -1.4% |
| Amounts payable after more than one year | 17 | €3,195 | - | -€3,195 | |
| Financial debts | 170/4 | €3,195 | - | -€3,195 | |
| Amounts payable within one year | 42/48 | €420,277 | €409,543 | -€10,733 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €11,705 | €11,992 | +€287 | +2.4% |
| Trade debts | 44 | €169,233 | €185,669 | +€16,436 | +9.7% |
| Suppliers | 440/4 | €169,233 | €185,669 | +€16,436 | +9.7% |
| Taxes, remuneration and social security | 45 | €239,338 | €211,882 | -€27,456 | -11.5% |
| Taxes | 450/3 | €232 | - | -€232 | |
| Remuneration and social security | 454/9 | €239,106 | €211,882 | -€27,223 | -11.4% |
| Accrued charges and deferred income | 492/3 | €2,100 | €10,066 | +€7,966 | +379% |
| Non-recurring operating income | 76A | €465,802 | - | -€465,802 | |
| Remuneration, social security and pensions | 62 | €406,961 | €276,130 | -€130,831 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,246 | €28,085 | -€4,161 | -12.9% |
| Other operating charges | 640/8 | €7,597 | €5,206 | -€2,391 | -31.5% |
| Gross operating margin | 9900 | €794,930 | €305,270 | -€489,660 | -61.6% |
| Operating profit (loss) | 9901 | €348,126 | -€4,150 | -€352,276 | |
| Financial income | 75/76B | €1,668 | €3,997 | +€2,329 | +140% |
| Recurring financial income | 75 | €1,668 | €3,997 | +€2,329 | +140% |
| Financial charges | 65/66B | €65,781 | €39,909 | -€25,872 | -39.3% |
| Recurring financial charges | 65 | €65,781 | €39,909 | -€25,872 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | €284,013 | -€40,062 | -€324,075 | |
| Profit (loss) for the period | 9904 | €284,013 | -€40,062 | -€324,075 | |
| Profit (loss) for the period to be appropriated | 9905 | €284,013 | -€40,062 | -€324,075 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.