POLAT TRANS: 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.
POLAT TRANS
Largest movements
- Tangible fixed assets +€13,470
up €13,470 (+165.7%), from €8,130 to €21,600
- Receivables within one year +€11,228
up €11,228 (+24.4%), from €45,930 to €57,158
of which Trade receivables: +€11,987
- Cash +€9,465
up €9,465 (+503.2%), from €1,881 to €11,345
mainly Debts after one year (+€24,019) and Depreciation (+€13,530)
- Deferred charges and accrued income +€7,625
up €7,625 (+136.7%), from €5,579 to €13,203
- Debts after one year +€24,019
up €24,019 (+613.3%), from €3,916 to €27,935
- Profit (loss) carried forward +€9,895
up €9,895 (+24.8%), from €39,931 to €49,826
- Current portion of long-term debt +€4,590
up €4,590 (+88.0%), from €5,215 to €9,805
- Trade debts +€4,522
up €4,522 (+3790.7%), from €119 to €4,641
- Tax, wage and social debts -€1,239
no longer reported in 2025 (was €1,239)
- Gross operating margin +€9,161
up €9,161 (+39.7%), from €23,062 to €32,223
- Depreciation +€5,400
up €5,400 (+66.4%), from €8,130 to €13,530
- Taxes -€1,536
down €1,536 (-45.1%), from €3,409 to €1,873
- Other operating charges -€1,402
down €1,402 (-17.8%), from €7,880 to €6,478
- Financial charges -€348
down €348 (-43.8%), from €795 to €447
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 | €70,879 | €112,667 | +€41,788 | +59.0% |
| Fixed assets | 21/28 | €17,490 | €30,960 | +€13,470 | +77.0% |
| Tangible fixed assets | 22/27 | €8,130 | €21,600 | +€13,470 | +165.7% |
| Furniture and vehicles | 24 | €8,130 | €21,600 | +€13,470 | +165.7% |
| Financial fixed assets | 28 | €9,360 | €9,360 | = | 0.0% |
| Current assets | 29/58 | €53,390 | €81,707 | +€28,317 | +53.0% |
| Amounts receivable within one year | 40/41 | €45,930 | €57,158 | +€11,228 | +24.4% |
| Trade receivables | 40 | €36,915 | €48,902 | +€11,987 | +32.5% |
| Other amounts receivable | 41 | €9,015 | €8,256 | -€759 | -8.4% |
| Cash at bank and in hand | 54/58 | €1,881 | €11,345 | +€9,465 | +503.2% |
| Deferred charges and accrued income | 490/1 | €5,579 | €13,203 | +€7,625 | +136.7% |
| Total equity and liabilities | 10/49 | €70,879 | €112,667 | +€41,788 | +59.0% |
| Equity | 10/15 | €60,391 | €70,286 | +€9,895 | +16.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,931 | €49,826 | +€9,895 | +24.8% |
| Amounts payable | 17/49 | €10,489 | €42,381 | +€31,892 | +304.1% |
| Amounts payable after more than one year | 17 | €3,916 | €27,935 | +€24,019 | +613.3% |
| Financial debts | 170/4 | €3,916 | €27,935 | +€24,019 | +613.3% |
| Amounts payable within one year | 42/48 | €6,573 | €14,446 | +€7,873 | +119.8% |
| Current portion of amounts payable after more than one year | 42 | €5,215 | €9,805 | +€4,590 | +88.0% |
| Trade debts | 44 | €119 | €4,641 | +€4,522 | +3790.7% |
| Suppliers | 440/4 | €119 | €4,641 | +€4,522 | +3790.7% |
| Taxes, remuneration and social security | 45 | €1,239 | - | -€1,239 | |
| Taxes | 450/3 | €1,239 | - | -€1,239 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,130 | €13,530 | +€5,400 | +66.4% |
| Other operating charges | 640/8 | €7,880 | €6,478 | -€1,402 | -17.8% |
| Gross operating margin | 9900 | €23,062 | €32,223 | +€9,161 | +39.7% |
| Operating profit (loss) | 9901 | €7,052 | €12,215 | +€5,163 | +73.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €795 | €447 | -€348 | -43.8% |
| Recurring financial charges | 65 | €795 | €447 | -€348 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | €6,257 | €11,768 | +€5,511 | +88.1% |
| Income taxes | 67/77 | €3,409 | €1,873 | -€1,536 | -45.1% |
| Profit (loss) for the period | 9904 | €2,848 | €9,895 | +€7,047 | +247.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,848 | €9,895 | +€7,047 | +247.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.