POLDENTIA: 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.
POLDENTIA
Largest movements
- Cash +€7,476
up €7,476 (+214%), from €3,487 to €10,963
mainly Trade debts (+€12,150) and Depreciation (+€3,803)
- Receivables within one year +€4,244
up €4,244 (+25.1%), from €16,934 to €21,178
of which Trade receivables: +€4,990
- Tangible fixed assets -€3,803
down €3,803 (-29.8%), from €12,755 to €8,953
of which Plant, machinery and equipment: -€2,151
- Trade debts +€12,150
up €12,150 (+235%), from €5,162 to €17,312
- Profit (loss) carried forward -€4,680
down €4,680 (-36.8%), from €12,721 to €8,041
- Gross operating margin -€20,397
down €20,397 (-99.5%), from €20,509 to €111
- Other operating charges -€5,217
down €5,217 (-86.1%), from €6,057 to €840
- Depreciation -€1,805
down €1,805 (-32.2%), from €5,608 to €3,803
- Financial income -€632
no longer reported in 2025 (was €632)
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.
Derived cash bridge
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 | €37,558 | €45,474 | +€7,917 | +21.1% |
| Fixed assets | 21/28 | €17,136 | €13,334 | -€3,803 | -22.2% |
| Tangible fixed assets | 22/27 | €12,755 | €8,953 | -€3,803 | -29.8% |
| Plant, machinery and equipment | 23 | €6,609 | €4,457 | -€2,151 | -32.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €6,147 | €4,495 | -€1,651 | -26.9% |
| Financial fixed assets | 28 | €4,381 | €4,381 | = | 0.0% |
| Current assets | 29/58 | €20,421 | €32,141 | +€11,719 | +57.4% |
| Amounts receivable within one year | 40/41 | €16,934 | €21,178 | +€4,244 | +25.1% |
| Trade receivables | 40 | - | €4,990 | +€4,990 | |
| Other amounts receivable | 41 | €16,934 | €16,188 | -€746 | -4.4% |
| Cash at bank and in hand | 54/58 | €3,487 | €10,963 | +€7,476 | +214% |
| Total equity and liabilities | 10/49 | €37,558 | €45,474 | +€7,917 | +21.1% |
| Equity | 10/15 | €26,981 | €22,301 | -€4,680 | -17.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,721 | €8,041 | -€4,680 | -36.8% |
| Amounts payable | 17/49 | €10,577 | €23,173 | +€12,596 | +119% |
| Amounts payable within one year | 42/48 | €10,577 | €23,173 | +€12,596 | +119% |
| Trade debts | 44 | €5,162 | €17,312 | +€12,150 | +235% |
| Suppliers | 440/4 | €5,162 | €17,312 | +€12,150 | +235% |
| Taxes, remuneration and social security | 45 | €5,415 | €5,861 | +€446 | +8.2% |
| Taxes | 450/3 | €5,415 | €5,861 | +€446 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,608 | €3,803 | -€1,805 | -32.2% |
| Other operating charges | 640/8 | €6,057 | €840 | -€5,217 | -86.1% |
| Gross operating margin | 9900 | €20,509 | €111 | -€20,397 | -99.5% |
| Operating profit (loss) | 9901 | €8,844 | -€4,531 | -€13,375 | |
| Financial income | 75/76B | €632 | - | -€632 | |
| Recurring financial income | 75 | €632 | - | -€632 | |
| Financial charges | 65/66B | €89 | €148 | +€59 | +65.8% |
| Recurring financial charges | 65 | €89 | €148 | +€59 | +65.8% |
| Profit (loss) for the period before taxes | 9903 | €9,387 | -€4,680 | -€14,067 | |
| Profit (loss) for the period | 9904 | €9,387 | -€4,680 | -€14,067 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,387 | -€4,680 | -€14,067 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.