POLDARK: 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.
POLDARK
Largest movements
- Tangible fixed assets -€5,309
down €5,309 (-3.7%), from €141,684 to €136,375
of which Land and buildings: -€4,795
- Cash -€3,536
down €3,536 (-44.1%), from €8,027 to €4,491
mainly Debts after one year (-€13,300) and Net result for the year (-€3,861)
- Debts after one year -€13,300
down €13,300 (-40.5%), from €32,842 to €19,542
- Other debts +€10,000
up €10,000 (+110.1%), from €9,087 to €19,087
- Profit (loss) carried forward -€3,861
down €3,861 (-5.3%), from €73,543 to €69,682
- Tax, wage and social debts -€1,924
no longer reported in 2025 (was €1,924)
- Gross operating margin -€22,927
down €22,927 (-87.0%), from €26,337 to €3,411
- Taxes -€4,924
no longer reported in 2025 (was €4,924)
- Depreciation +€312
up €312 (+6.2%), from €4,997 to €5,309
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 | €152,021 | €142,124 | -€9,897 | -6.5% |
| Fixed assets | 21/28 | €141,684 | €136,375 | -€5,309 | -3.7% |
| Tangible fixed assets | 22/27 | €141,684 | €136,375 | -€5,309 | -3.7% |
| Land and buildings | 22 | €136,747 | €131,952 | -€4,795 | -3.5% |
| Plant, machinery and equipment | 23 | €4,938 | €4,424 | -€514 | -10.4% |
| Current assets | 29/58 | €10,337 | €5,749 | -€4,588 | -44.4% |
| Amounts receivable within one year | 40/41 | €1,110 | €1,016 | -€94 | -8.5% |
| Trade receivables | 40 | €811 | - | -€811 | |
| Other amounts receivable | 41 | €298 | €1,016 | +€717 | +240.3% |
| Cash at bank and in hand | 54/58 | €8,027 | €4,491 | -€3,536 | -44.1% |
| Deferred charges and accrued income | 490/1 | €1,200 | €242 | -€958 | -79.8% |
| Total equity and liabilities | 10/49 | €152,021 | €142,124 | -€9,897 | -6.5% |
| Equity | 10/15 | €94,003 | €90,142 | -€3,861 | -4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,543 | €69,682 | -€3,861 | -5.3% |
| Amounts payable | 17/49 | €58,018 | €51,982 | -€6,036 | -10.4% |
| Amounts payable after more than one year | 17 | €32,842 | €19,542 | -€13,300 | -40.5% |
| Financial debts | 170/4 | €32,842 | €19,542 | -€13,300 | -40.5% |
| Amounts payable within one year | 42/48 | €25,176 | €32,439 | +€7,263 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €13,962 | €13,300 | -€663 | -4.7% |
| Trade debts | 44 | €203 | €53 | -€150 | -73.8% |
| Suppliers | 440/4 | €203 | €53 | -€150 | -73.8% |
| Taxes, remuneration and social security | 45 | €1,924 | - | -€1,924 | |
| Taxes | 450/3 | €1,924 | - | -€1,924 | |
| Other amounts payable | 47/48 | €9,087 | €19,087 | +€10,000 | +110.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,997 | €5,309 | +€312 | +6.2% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €26,337 | €3,411 | -€22,927 | -87.0% |
| Operating profit (loss) | 9901 | €20,956 | -€2,285 | -€23,241 | |
| Financial charges | 65/66B | €1,829 | €1,576 | -€254 | -13.9% |
| Recurring financial charges | 65 | €1,829 | €1,576 | -€254 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €19,127 | -€3,861 | -€22,988 | |
| Income taxes | 67/77 | €4,924 | - | -€4,924 | |
| Profit (loss) for the period | 9904 | €14,202 | -€3,861 | -€18,063 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,202 | -€3,861 | -€18,063 |
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 5 October 2026 via checked.be.