Polderberg: 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.
What changed
Polderberg
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€245,196
2024 · €201,054+€44,142
Equity
€2.4m
2024 · €2.1m+€245,196
Cash
€145,681
2024 · €107,715+€37,966
Balance sheet total
€12.2m
2024 · €12.9m-€645,235
Largest movements
Assets
- Tangible fixed assets -€562,875
down €562,875 (-4.4%), from €12.7m to €12.1m
Equity and liabilities
- Debts after one year -€753,336
down €753,336 (-7.8%), from €9.6m to €8.9m
- Profit (loss) carried forward +€135,259
up €135,259, from -€135,259 to €0
Income statement
- Gross operating margin +€90,546
up €90,546 (+7.5%), from €1.2m to €1.3m
- Other operating charges +€51,182
up €51,182 (+3668.8%), from €1,395 to €52,577
- Financial charges -€41,423
down €41,423 (-9.3%), from €446,260 to €404,837
- Taxes +€36,646
new in 2025: €36,646
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.
Result 2024
€201,054
Gross operating margin
+€90,546
Other operating charges
-€51,182
Financial charges
+€41,423
Taxes
-€36,646
Result 2025
€245,196
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.
From operations
+€791,302
Investment
€0
Financing
-€753,336
Cash 2024
€107,715
From operations (derived)
+€791,302
Net result for the year
+€245,196
Depreciation
+€562,875
Receivables within one year
+€120,325
Trade debts
-€34,489
Tax, wage and social debts
+€451
Other debts
-€110,000
Accrued charges and deferred income
+€6,943
Financing
-€753,336
Debts after one year
-€753,336
Cash 2025
€145,681
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,893,269 | €12,248,035 | -€645,235 | -5.0% |
| Fixed assets | 21/28 | €12,661,875 | €12,099,000 | -€562,875 | -4.4% |
| Tangible fixed assets | 22/27 | €12,661,875 | €12,099,000 | -€562,875 | -4.4% |
| Land and buildings | 22 | €12,661,875 | €12,099,000 | -€562,875 | -4.4% |
| Current assets | 29/58 | €231,395 | €149,035 | -€82,359 | -35.6% |
| Amounts receivable within one year | 40/41 | €123,679 | €3,354 | -€120,325 | -97.3% |
| Trade receivables | 40 | €121,812 | €0 | -€121,812 | -100.0% |
| Other amounts receivable | 41 | €1,867 | €3,354 | +€1,487 | +79.6% |
| Cash at bank and in hand | 54/58 | €107,715 | €145,681 | +€37,966 | +35.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €12,893,269 | €12,248,035 | -€645,235 | -5.0% |
| Equity | 10/15 | €2,128,706 | €2,373,902 | +€245,196 | +11.5% |
| Contributions | 10/11 | €2,263,965 | €2,263,965 | = | 0.0% |
| Capital | 10 | €2,263,965 | €2,263,965 | = | 0.0% |
| Issued capital | 100 | €2,263,965 | €2,263,965 | = | 0.0% |
| Reserves | 13 | - | €109,937 | +€109,937 | |
| Non-distributable reserves | 130/1 | - | €5,497 | +€5,497 | |
| Legal reserve | 130 | - | €5,497 | +€5,497 | |
| Distributable reserves | 133 | - | €104,441 | +€104,441 | |
| Profit (loss) carried forward | 14 | -€135,259 | €0 | +€135,259 | |
| Amounts payable | 17/49 | €10,764,563 | €9,874,132 | -€890,431 | -8.3% |
| Amounts payable after more than one year | 17 | €9,604,994 | €8,851,658 | -€753,336 | -7.8% |
| Financial debts | 170/4 | €9,604,994 | €8,851,658 | -€753,336 | -7.8% |
| Amounts payable within one year | 42/48 | €1,146,270 | €1,002,232 | -€144,038 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €753,336 | €753,336 | = | 0.0% |
| Trade debts | 44 | €41,007 | €6,518 | -€34,489 | -84.1% |
| Suppliers | 440/4 | €41,007 | €6,518 | -€34,489 | -84.1% |
| Taxes, remuneration and social security | 45 | €21,927 | €22,378 | +€451 | +2.1% |
| Taxes | 450/3 | €21,927 | €22,378 | +€451 | +2.1% |
| Other amounts payable | 47/48 | €330,000 | €220,000 | -€110,000 | -33.3% |
| Accrued charges and deferred income | 492/3 | €13,299 | €20,242 | +€6,943 | +52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €562,875 | €562,875 | = | 0.0% |
| Other operating charges | 640/8 | €1,395 | €52,577 | +€51,182 | +3668.8% |
| Gross operating margin | 9900 | €1,211,584 | €1,302,131 | +€90,546 | +7.5% |
| Operating profit (loss) | 9901 | €647,314 | €686,679 | +€39,365 | +6.1% |
| Financial charges | 65/66B | €446,260 | €404,837 | -€41,423 | -9.3% |
| Recurring financial charges | 65 | €446,260 | €404,837 | -€41,423 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €201,054 | €281,842 | +€80,788 | +40.2% |
| Income taxes | 67/77 | - | €36,646 | +€36,646 | |
| Profit (loss) for the period | 9904 | €201,054 | €245,196 | +€44,142 | +22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €201,054 | €245,196 | +€44,142 | +22.0% |
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 8 October 2026 via checked.be.