POLAT TRANS EXPRESS: 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 TRANS EXPRESS
Largest movements
- Tangible fixed assets +€19,991
up €19,991 (+367%), from €5,455 to €25,445
- Receivables within one year +€8,234
up €8,234 (+3.6%), from €231,900 to €240,134
- Other debts -€25,990
down €25,990 (-78.8%), from €32,974 to €6,984
- Profit (loss) carried forward +€21,112
up €21,112 (+21.7%), from €97,304 to €118,416
- Trade debts +€15,158
up €15,158 (+32.4%), from €46,835 to €61,994
- Debts after one year +€14,775
up €14,775 (+42.7%), from €34,579 to €49,354
- Tax, wage and social debts +€3,738
up €3,738 (+61.2%), from €6,105 to €9,843
- Gross operating margin -€30,436
down €30,436 (-46.8%), from €65,073 to €34,638
- Taxes -€6,900
down €6,900 (-77.5%), from €8,900 to €2,000
- Depreciation +€6,222
new in 2026: €6,222
- Other operating charges +€1,491
up €1,491 (+39.7%), from €3,753 to €5,245
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €241,555 | €270,348 | +€28,793 | +11.9% |
| Fixed assets | 21/28 | €5,710 | €25,700 | +€19,991 | +350% |
| Tangible fixed assets | 22/27 | €5,455 | €25,445 | +€19,991 | +367% |
| Furniture and vehicles | 24 | €5,455 | €25,445 | +€19,991 | +367% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €235,845 | €244,647 | +€8,802 | +3.7% |
| Amounts receivable within one year | 40/41 | €231,900 | €240,134 | +€8,234 | +3.6% |
| Trade receivables | 40 | €231,900 | €240,134 | +€8,234 | +3.6% |
| Cash at bank and in hand | 54/58 | €3,945 | €4,513 | +€568 | +14.4% |
| Total equity and liabilities | 10/49 | €241,555 | €270,348 | +€28,793 | +11.9% |
| Equity | 10/15 | €115,904 | €137,016 | +€21,112 | +18.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,304 | €118,416 | +€21,112 | +21.7% |
| Amounts payable | 17/49 | €125,651 | €133,332 | +€7,681 | +6.1% |
| Amounts payable after more than one year | 17 | €34,579 | €49,354 | +€14,775 | +42.7% |
| Financial debts | 170/4 | €34,579 | €49,354 | +€14,775 | +42.7% |
| Amounts payable within one year | 42/48 | €91,072 | €83,978 | -€7,094 | -7.8% |
| Financial debts | 43 | €5,158 | €5,158 | = | 0.0% |
| Credit institutions | 430/8 | €5,158 | €5,158 | = | 0.0% |
| Trade debts | 44 | €46,835 | €61,994 | +€15,158 | +32.4% |
| Suppliers | 440/4 | €46,835 | €61,994 | +€15,158 | +32.4% |
| Taxes, remuneration and social security | 45 | €6,105 | €9,843 | +€3,738 | +61.2% |
| Taxes | 450/3 | €6,105 | €9,843 | +€3,738 | +61.2% |
| Other amounts payable | 47/48 | €32,974 | €6,984 | -€25,990 | -78.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,222 | +€6,222 | |
| Other operating charges | 640/8 | €3,753 | €5,245 | +€1,491 | +39.7% |
| Gross operating margin | 9900 | €65,073 | €34,638 | -€30,436 | -46.8% |
| Operating profit (loss) | 9901 | €61,320 | €23,171 | -€38,149 | -62.2% |
| Financial charges | 65/66B | €142 | €59 | -€84 | -58.7% |
| Recurring financial charges | 65 | €142 | €59 | -€84 | -58.7% |
| Profit (loss) for the period before taxes | 9903 | €61,178 | €23,112 | -€38,066 | -62.2% |
| Income taxes | 67/77 | €8,900 | €2,000 | -€6,900 | -77.5% |
| Profit (loss) for the period | 9904 | €52,278 | €21,112 | -€31,166 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,278 | €21,112 | -€31,166 | -59.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.