Polaris IT: what changed
What changed
Polaris IT
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€84,250
2024 · €73,249+€11,001
Equity
€18,600
2024 · €18,600
Cash
€84,202
2024 · €59,598+€24,604
Balance sheet total
€114,325
2024 · €106,222+€8,103
Largest movements
Assets
- Cash +€24,604
up €24,604 (+41.3%), from €59,598 to €84,202
mainly Net result for the year (+€84,250) and Receivables within one year (+€12,408)
- Receivables within one year -€12,408
down €12,408 (-48.5%), from €25,603 to €13,195
of which Trade receivables: -€7,732
- Deferred charges and accrued income -€3,761
down €3,761 (-26.9%), from €14,005 to €10,244
Equity and liabilities
- Other debts +€11,001
up €11,001 (+15.0%), from €73,249 to €84,250
- Tax, wage and social debts -€2,465
down €2,465 (-18.0%), from €13,679 to €11,214
Income statement
- Gross operating margin +€15,474
up €15,474 (+16.3%), from €95,193 to €110,666
- Taxes +€3,670
up €3,670 (+19.2%), from €19,100 to €22,769
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€73,249
Gross operating margin
+€15,474
Depreciation
-€858
Other operating charges
-€14
Financial income
+€44
Financial charges
+€25
Taxes
-€3,670
Result 2025
€84,250
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€111,517
Investment
-€2,663
Financing
-€84,250
Cash 2024
€59,598
From operations (derived)
+€111,517
Net result for the year
+€84,250
Depreciation
+€2,996
Receivables within one year
+€12,408
Deferred charges and accrued income
+€3,761
Trade debts
-€354
Tax, wage and social debts
-€2,465
Other debts
+€11,001
Accrued charges and deferred income
-€79
Investment (derived)
-€2,663
Investment in fixed assets (net)
-€2,663
Financing
-€84,250
Contributions, distributions and other
-€84,250
Cash 2025
€84,202
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,222 | €114,325 | +€8,103 | +7.6% |
| Fixed assets | 21/28 | €7,016 | €6,684 | -€332 | -4.7% |
| Tangible fixed assets | 22/27 | €7,016 | €6,684 | -€332 | -4.7% |
| Plant, machinery and equipment | 23 | €3,125 | €4,079 | +€954 | +30.5% |
| Furniture and vehicles | 24 | €650 | €32 | -€618 | -95.1% |
| Other tangible fixed assets | 26 | €3,241 | €2,573 | -€668 | -20.6% |
| Current assets | 29/58 | €99,206 | €107,640 | +€8,435 | +8.5% |
| Amounts receivable within one year | 40/41 | €25,603 | €13,195 | -€12,408 | -48.5% |
| Trade receivables | 40 | €19,542 | €11,810 | -€7,732 | -39.6% |
| Other amounts receivable | 41 | €6,061 | €1,385 | -€4,676 | -77.1% |
| Cash at bank and in hand | 54/58 | €59,598 | €84,202 | +€24,604 | +41.3% |
| Deferred charges and accrued income | 490/1 | €14,005 | €10,244 | -€3,761 | -26.9% |
| Total equity and liabilities | 10/49 | €106,222 | €114,325 | +€8,103 | +7.6% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €87,622 | €95,725 | +€8,103 | +9.2% |
| Amounts payable within one year | 42/48 | €87,516 | €95,697 | +€8,182 | +9.3% |
| Trade debts | 44 | €588 | €234 | -€354 | -60.2% |
| Suppliers | 440/4 | €588 | €234 | -€354 | -60.2% |
| Taxes, remuneration and social security | 45 | €13,679 | €11,214 | -€2,465 | -18.0% |
| Taxes | 450/3 | €13,679 | €11,214 | -€2,465 | -18.0% |
| Other amounts payable | 47/48 | €73,249 | €84,250 | +€11,001 | +15.0% |
| Accrued charges and deferred income | 492/3 | €107 | €27 | -€79 | -74.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,138 | €2,996 | +€858 | +40.1% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €95,193 | €110,666 | +€15,474 | +16.3% |
| Operating profit (loss) | 9901 | €92,604 | €107,205 | +€14,601 | +15.8% |
| Financial income | 75/76B | €74 | €118 | +€44 | +60.0% |
| Recurring financial income | 75 | €74 | €118 | +€44 | +60.0% |
| Financial charges | 65/66B | €329 | €304 | -€25 | -7.6% |
| Recurring financial charges | 65 | €329 | €304 | -€25 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €92,348 | €107,019 | +€14,670 | +15.9% |
| Income taxes | 67/77 | €19,100 | €22,769 | +€3,670 | +19.2% |
| Profit (loss) for the period | 9904 | €73,249 | €84,250 | +€11,001 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €73,249 | €84,250 | +€11,001 | +15.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.