POLANN: 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.
POLANN
Largest movements
- Receivables within one year +€101,954
up €101,954 (+25.9%), from €393,928 to €495,882
of which Other amounts receivable: +€133,333
- Tangible fixed assets -€34,519
down €34,519 (-10.5%), from €329,587 to €295,069
of which Land and buildings: -€34,145
- Reserves +€51,423
up €51,423 (+13.3%), from €386,075 to €437,497
of which Distributable reserves: +€54,940
- Tax, wage and social debts +€19,433
up €19,433 (+63.0%), from €30,857 to €50,290
- Other debts -€8,865
down €8,865 (-58.1%), from €15,259 to €6,394
- Gross operating margin -€50,468
down €50,468 (-31.2%), from €161,702 to €111,235
- Taxes -€7,342
down €7,342 (-19.1%), from €38,464 to €31,122
- Financial income +€5,972
up €5,972 (+78.1%), from €7,648 to €13,620
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 | €752,571 | €819,764 | +€67,193 | +8.9% |
| Fixed assets | 21/28 | €330,257 | €295,739 | -€34,519 | -10.5% |
| Tangible fixed assets | 22/27 | €329,587 | €295,069 | -€34,519 | -10.5% |
| Land and buildings | 22 | €327,176 | €293,031 | -€34,145 | -10.4% |
| Plant, machinery and equipment | 23 | €2,411 | €2,037 | -€374 | -15.5% |
| Financial fixed assets | 28 | €670 | €670 | = | 0.0% |
| Current assets | 29/58 | €422,313 | €524,025 | +€101,712 | +24.1% |
| Stocks and contracts in progress | 3 | €15,500 | €15,500 | = | 0.0% |
| Stocks | 30/36 | €15,500 | €15,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €393,928 | €495,882 | +€101,954 | +25.9% |
| Trade receivables | 40 | €134,229 | €102,850 | -€31,379 | -23.4% |
| Other amounts receivable | 41 | €259,699 | €393,032 | +€133,333 | +51.3% |
| Cash at bank and in hand | 54/58 | €12,835 | €7,571 | -€5,264 | -41.0% |
| Deferred charges and accrued income | 490/1 | €51 | €5,072 | +€5,022 | +9920.4% |
| Total equity and liabilities | 10/49 | €752,571 | €819,764 | +€67,193 | +8.9% |
| Equity | 10/15 | €692,875 | €744,297 | +€51,423 | +7.4% |
| Contributions | 10/11 | €306,800 | €306,800 | = | 0.0% |
| Capital | 10 | €306,800 | €306,800 | = | 0.0% |
| Issued capital | 100 | €306,800 | €306,800 | = | 0.0% |
| Reserves | 13 | €386,075 | €437,497 | +€51,423 | +13.3% |
| Non-distributable reserves | 130/1 | €30,680 | €30,680 | = | 0.0% |
| Legal reserve | 130 | €30,680 | €30,680 | = | 0.0% |
| Tax-exempt reserves | 132 | €81,881 | €78,364 | -€3,517 | -4.3% |
| Distributable reserves | 133 | €273,514 | €328,453 | +€54,940 | +20.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €12,594 | €11,421 | -€1,172 | -9.3% |
| Deferred taxes | 168 | €12,594 | €11,421 | -€1,172 | -9.3% |
| Amounts payable | 17/49 | €47,103 | €64,046 | +€16,943 | +36.0% |
| Amounts payable within one year | 42/48 | €47,103 | €64,046 | +€16,943 | +36.0% |
| Trade debts | 44 | €987 | €7,362 | +€6,375 | +646.0% |
| Suppliers | 440/4 | €987 | €7,362 | +€6,375 | +646.0% |
| Taxes, remuneration and social security | 45 | €30,857 | €50,290 | +€19,433 | +63.0% |
| Taxes | 450/3 | €30,857 | €50,290 | +€19,433 | +63.0% |
| Other amounts payable | 47/48 | €15,259 | €6,394 | -€8,865 | -58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,897 | €34,519 | -€379 | -1.1% |
| Other operating charges | 640/8 | €5,738 | €5,874 | +€136 | +2.4% |
| Gross operating margin | 9900 | €161,702 | €111,235 | -€50,468 | -31.2% |
| Operating profit (loss) | 9901 | €121,067 | €70,842 | -€50,225 | -41.5% |
| Financial income | 75/76B | €7,648 | €13,620 | +€5,972 | +78.1% |
| Recurring financial income | 75 | €7,648 | €13,620 | +€5,972 | +78.1% |
| Financial charges | 65/66B | €255 | €636 | +€380 | +149.2% |
| Recurring financial charges | 65 | €255 | €44 | -€212 | -82.9% |
| Non-recurring financial charges | 66B | - | €592 | +€592 | |
| Profit (loss) for the period before taxes | 9903 | €128,460 | €83,827 | -€44,633 | -34.7% |
| Transfer from deferred taxes | 780 | €1,172 | €1,172 | +€0 | 0.0% |
| Income taxes | 67/77 | €38,464 | €31,122 | -€7,342 | -19.1% |
| Profit (loss) for the period | 9904 | €91,169 | €53,877 | -€37,291 | -40.9% |
| Transfer from tax-exempt reserves | 789 | €3,517 | €3,517 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €42,100 | €0 | -€42,100 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,586 | €57,394 | +€4,809 | +9.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.