POLAT: 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.
POLAT
Largest movements
- Receivables within one year -€90,323
down €90,323 (-34.2%), from €264,321 to €173,999
of which Trade receivables: -€92,319
- Tangible fixed assets -€7,509
down €7,509 (-12.3%), from €60,910 to €53,401
of which Furniture and vehicles: -€6,780
- Other debts -€75,648
no longer reported in 2024 (was €75,648)
- Trade debts -€16,476
down €16,476 (-31.4%), from €52,499 to €36,023
- Debts after one year -€8,243
down €8,243 (-56.8%), from €14,515 to €6,272
- Tax, wage and social debts +€7,930
up €7,930 (+86.1%), from €9,210 to €17,140
- Profit (loss) carried forward -€3,311
new in 2024: -€3,311
- Financial charges -€2,022
down €2,022 (-39.3%), from €5,144 to €3,122
- Taxes -€2,020
down €2,020 (-88.4%), from €2,285 to €265
- Gross operating margin +€1,293
up €1,293 (+6.1%), from €21,217 to €22,510
- Other operating charges -€968
down €968 (-18.3%), from €5,286 to €4,319
- Staff costs -€375
no longer reported in 2024 (was €375)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €325,354 | €229,281 | -€96,074 | -29.5% |
| Fixed assets | 21/28 | €60,910 | €53,401 | -€7,509 | -12.3% |
| Tangible fixed assets | 22/27 | €60,910 | €53,401 | -€7,509 | -12.3% |
| Furniture and vehicles | 24 | €55,079 | €48,299 | -€6,780 | -12.3% |
| Other tangible fixed assets | 26 | €5,831 | €5,102 | -€729 | -12.5% |
| Current assets | 29/58 | €264,444 | €175,880 | -€88,564 | -33.5% |
| Amounts receivable within one year | 40/41 | €264,321 | €173,999 | -€90,323 | -34.2% |
| Trade receivables | 40 | €234,451 | €142,131 | -€92,319 | -39.4% |
| Other amounts receivable | 41 | €29,871 | €31,867 | +€1,996 | +6.7% |
| Cash at bank and in hand | 54/58 | €44 | €1,774 | +€1,730 | +3,926% |
| Deferred charges and accrued income | 490/1 | €79 | €107 | +€28 | +35.5% |
| Total equity and liabilities | 10/49 | €325,354 | €229,281 | -€96,074 | -29.5% |
| Equity | 10/15 | €155,573 | €152,261 | -€3,311 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,973 | €136,973 | = | 0.0% |
| Distributable reserves | 133 | €136,973 | €136,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,311 | -€3,311 | |
| Amounts payable | 17/49 | €169,782 | €77,019 | -€92,762 | -54.6% |
| Amounts payable after more than one year | 17 | €14,515 | €6,272 | -€8,243 | -56.8% |
| Financial debts | 170/4 | €14,515 | €6,272 | -€8,243 | -56.8% |
| Amounts payable within one year | 42/48 | €155,267 | €70,747 | -€84,520 | -54.4% |
| Current portion of amounts payable after more than one year | 42 | €8,108 | €8,243 | +€135 | +1.7% |
| Financial debts | 43 | €9,803 | €9,341 | -€461 | -4.7% |
| Credit institutions | 430/8 | €9,803 | €9,341 | -€461 | -4.7% |
| Trade debts | 44 | €52,499 | €36,023 | -€16,476 | -31.4% |
| Suppliers | 440/4 | €52,499 | €36,023 | -€16,476 | -31.4% |
| Taxes, remuneration and social security | 45 | €9,210 | €17,140 | +€7,930 | +86.1% |
| Taxes | 450/3 | €9,210 | €17,140 | +€7,930 | +86.1% |
| Other amounts payable | 47/48 | €75,648 | - | -€75,648 | |
| Non-recurring operating income | 76A | - | €14,212 | +€14,212 | |
| Remuneration, social security and pensions | 62 | €375 | - | -€375 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,526 | €7,509 | -€17 | -0.2% |
| Other operating charges | 640/8 | €5,286 | €4,319 | -€968 | -18.3% |
| Non-recurring operating charges | 66A | €600 | €10,802 | +€10,202 | +1,700% |
| Gross operating margin | 9900 | €21,217 | €22,510 | +€1,293 | +6.1% |
| Operating profit (loss) | 9901 | €7,429 | -€120 | -€7,549 | |
| Financial income | 75/76B | - | €196 | +€196 | |
| Recurring financial income | 75 | - | €196 | +€196 | |
| Financial charges | 65/66B | €5,144 | €3,122 | -€2,022 | -39.3% |
| Recurring financial charges | 65 | €5,144 | €3,122 | -€2,022 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | €2,285 | -€3,046 | -€5,331 | |
| Income taxes | 67/77 | €2,285 | €265 | -€2,020 | -88.4% |
| Profit (loss) for the period | 9904 | €0 | -€3,311 | -€3,311 | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | -€3,311 | -€3,311 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.