POLAN: 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.
POLAN
Largest movements
- Tangible fixed assets -€7,218
down €7,218 (-9.5%), from €76,269 to €69,051
of which Land and buildings: -€6,111
- Receivables within one year +€3,107
new in 2025: €3,107
- Cash +€2,653
up €2,653 (+5.3%), from €50,198 to €52,850
mainly Depreciation (+€7,218) and Net result for the year (+€1,343)
- Other debts -€4,328
no longer reported in 2025 (was €4,328)
- Profit (loss) carried forward +€1,343
up €1,343 (+1.2%), from -€107,854 to -€106,512
- Depreciation -€9,615
down €9,615 (-57.1%), from €16,833 to €7,218
- Other operating charges -€2,213
down €2,213 (-47.6%), from €4,651 to €2,438
- Gross operating margin +€1,948
up €1,948 (+21.6%), from €9,025 to €10,973
- Financial income +€270
up €270 (+657%), from €41 to €311
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 | €127,640 | €125,081 | -€2,559 | -2.0% |
| Fixed assets | 21/28 | €76,342 | €69,123 | -€7,218 | -9.5% |
| Tangible fixed assets | 22/27 | €76,269 | €69,051 | -€7,218 | -9.5% |
| Land and buildings | 22 | €73,870 | €67,759 | -€6,111 | -8.3% |
| Furniture and vehicles | 24 | €2,399 | €1,292 | -€1,107 | -46.2% |
| Financial fixed assets | 28 | €72 | €72 | = | 0.0% |
| Current assets | 29/58 | €51,298 | €55,958 | +€4,659 | +9.1% |
| Amounts receivable within one year | 40/41 | - | €3,107 | +€3,107 | |
| Other amounts receivable | 41 | - | €3,107 | +€3,107 | |
| Cash at bank and in hand | 54/58 | €50,198 | €52,850 | +€2,653 | +5.3% |
| Deferred charges and accrued income | 490/1 | €1,101 | - | -€1,101 | |
| Total equity and liabilities | 10/49 | €127,640 | €125,081 | -€2,559 | -2.0% |
| Equity | 10/15 | €22,096 | €23,438 | +€1,343 | +6.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €67,950 | €67,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €61,750 | €61,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,854 | -€106,512 | +€1,343 | +1.2% |
| Amounts payable | 17/49 | €105,544 | €101,642 | -€3,902 | -3.7% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,544 | €1,642 | -€3,902 | -70.4% |
| Trade debts | 44 | €619 | €1,473 | +€854 | +138% |
| Suppliers | 440/4 | €619 | €1,473 | +€854 | +138% |
| Taxes, remuneration and social security | 45 | €598 | €170 | -€428 | -71.6% |
| Taxes | 450/3 | €598 | €170 | -€428 | -71.6% |
| Other amounts payable | 47/48 | €4,328 | - | -€4,328 | |
| Non-recurring operating income | 76A | €5,678 | €5,329 | -€350 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,833 | €7,218 | -€9,615 | -57.1% |
| Other operating charges | 640/8 | €4,651 | €2,438 | -€2,213 | -47.6% |
| Gross operating margin | 9900 | €9,025 | €10,973 | +€1,948 | +21.6% |
| Operating profit (loss) | 9901 | -€12,459 | €1,317 | +€13,776 | |
| Financial income | 75/76B | €41 | €311 | +€270 | +657% |
| Recurring financial income | 75 | €41 | €311 | +€270 | +657% |
| Financial charges | 65/66B | €122 | €192 | +€70 | +57.7% |
| Recurring financial charges | 65 | €122 | €192 | +€70 | +57.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,540 | €1,436 | +€13,976 | |
| Income taxes | 67/77 | €182 | €93 | -€89 | -48.7% |
| Profit (loss) for the period | 9904 | -€12,722 | €1,343 | +€14,065 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,722 | €1,343 | +€14,065 |
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 13 October 2026 via checked.be.