POLDERPLANT: what changed
POLDERPLANT
Largest movements
- Stocks and contracts +€118,090
up €118,090 (+50.7%), from €232,958 to €351,048
- Receivables within one year +€105,406
up €105,406 (+701%), from €15,033 to €120,439
of which Trade receivables: +€104,531
- Cash +€37,386
up €37,386 (+3,360%), from €1,113 to €38,499
mainly Net result for the year (+€127,426) and Trade debts (+€90,365)
- Tangible fixed assets +€26,308
new in 2025: €26,308
- Reserves +€125,922
up €125,922 (+90.5%), from €139,078 to €265,000
- Trade debts +€90,365
up €90,365 (+168%), from €53,824 to €144,190
- Tax, wage and social debts +€66,431
up €66,431 (+115%), from €57,954 to €124,385
- Gross operating margin -€10,351
down €10,351 (-5.4%), from €192,019 to €181,668
- Depreciation +€3,634
new in 2025: €3,634
- Taxes -€2,892
down €2,892 (-6.0%), from €48,174 to €45,282
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €252,074 | €536,642 | +€284,568 | +113% |
| Fixed assets | 21/28 | €135 | €26,443 | +€26,308 | +19,487% |
| Tangible fixed assets | 22/27 | - | €26,308 | +€26,308 | |
| Plant, machinery and equipment | 23 | - | €26,308 | +€26,308 | |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €251,939 | €510,199 | +€258,260 | +103% |
| Stocks and contracts in progress | 3 | €232,958 | €351,048 | +€118,090 | +50.7% |
| Stocks | 30/36 | €232,958 | €351,048 | +€118,090 | +50.7% |
| Amounts receivable within one year | 40/41 | €15,033 | €120,439 | +€105,406 | +701% |
| Trade receivables | 40 | €15,033 | €119,564 | +€104,531 | +695% |
| Other amounts receivable | 41 | - | €875 | +€875 | |
| Cash at bank and in hand | 54/58 | €1,113 | €38,499 | +€37,386 | +3,360% |
| Deferred charges and accrued income | 490/1 | €2,836 | €214 | -€2,622 | -92.5% |
| Total equity and liabilities | 10/49 | €252,074 | €536,642 | +€284,568 | +113% |
| Equity | 10/15 | €139,578 | €266,171 | +€126,593 | +90.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €139,078 | €265,000 | +€125,922 | +90.5% |
| Distributable reserves | 133 | €139,078 | €265,000 | +€125,922 | +90.5% |
| Profit (loss) carried forward | 14 | - | €671 | +€671 | |
| Amounts payable | 17/49 | €112,496 | €270,471 | +€157,975 | +140% |
| Amounts payable within one year | 42/48 | €112,496 | €270,471 | +€157,975 | +140% |
| Trade debts | 44 | €53,824 | €144,190 | +€90,365 | +168% |
| Suppliers | 440/4 | €53,824 | €144,190 | +€90,365 | +168% |
| Taxes, remuneration and social security | 45 | €57,954 | €124,385 | +€66,431 | +115% |
| Taxes | 450/3 | €57,954 | €124,385 | +€66,431 | +115% |
| Other amounts payable | 47/48 | €717 | €1,896 | +€1,179 | +164% |
| Remuneration, social security and pensions | 62 | - | €263 | +€263 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,634 | +€3,634 | |
| Other operating charges | 640/8 | €3,397 | €3,152 | -€245 | -7.2% |
| Gross operating margin | 9900 | €192,019 | €181,668 | -€10,351 | -5.4% |
| Operating profit (loss) | 9901 | €188,622 | €174,619 | -€14,003 | -7.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €1,370 | €1,910 | +€540 | +39.4% |
| Recurring financial charges | 65 | €1,370 | €1,910 | +€540 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €187,252 | €172,708 | -€14,544 | -7.8% |
| Income taxes | 67/77 | €48,174 | €45,282 | -€2,892 | -6.0% |
| Profit (loss) for the period | 9904 | €139,078 | €127,426 | -€11,652 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €139,078 | €127,426 | -€11,652 | -8.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.