POLDERVIJVERS: 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.
POLDERVIJVERS
Largest movements
- Tangible fixed assets -€41,856
down €41,856 (-5.0%), from €837,154 to €795,298
of which Land and buildings: -€41,456
- Cash -€12,293
down €12,293 (-11.1%), from €111,057 to €98,763
mainly Debts after one year (-€56,555) and Investment in fixed assets (net) (-€28,775)
- Debts after one year -€56,555
down €56,555 (-8.4%), from €670,561 to €614,006
- Current portion of long-term debt -€9,762
down €9,762 (-38.2%), from €25,566 to €15,805
- Gross operating margin -€4,590
down €4,590 (-4.2%), from €108,634 to €104,044
- Financial charges -€1,231
down €1,231 (-12.0%), from €10,243 to €9,012
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 | €951,141 | €895,752 | -€55,389 | -5.8% |
| Fixed assets | 21/28 | €837,154 | €795,298 | -€41,856 | -5.0% |
| Tangible fixed assets | 22/27 | €837,154 | €795,298 | -€41,856 | -5.0% |
| Land and buildings | 22 | €836,267 | €794,811 | -€41,456 | -5.0% |
| Furniture and vehicles | 24 | €887 | €487 | -€400 | -45.1% |
| Current assets | 29/58 | €113,987 | €100,454 | -€13,533 | -11.9% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €111,057 | €98,763 | -€12,293 | -11.1% |
| Deferred charges and accrued income | 490/1 | €2,930 | €1,691 | -€1,240 | -42.3% |
| Total equity and liabilities | 10/49 | €951,141 | €895,752 | -€55,389 | -5.8% |
| Equity | 10/15 | €91,756 | €100,385 | +€8,629 | +9.4% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €1,340 | €1,340 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,340 | €1,340 | = | 0.0% |
| Legal reserve | 130 | €1,340 | €1,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,584 | -€50,955 | +€8,629 | +14.5% |
| Amounts payable | 17/49 | €859,385 | €795,367 | -€64,018 | -7.4% |
| Amounts payable after more than one year | 17 | €670,561 | €614,006 | -€56,555 | -8.4% |
| Financial debts | 170/4 | €670,561 | €614,006 | -€56,555 | -8.4% |
| Amounts payable within one year | 42/48 | €178,545 | €171,147 | -€7,398 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €25,566 | €15,805 | -€9,762 | -38.2% |
| Trade debts | 44 | €879 | €3,242 | +€2,364 | +269.1% |
| Suppliers | 440/4 | €879 | €3,242 | +€2,364 | +269.1% |
| Other amounts payable | 47/48 | €152,100 | €152,100 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €10,280 | €10,214 | -€66 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,986 | €70,631 | -€355 | -0.5% |
| Other operating charges | 640/8 | €15,818 | €15,772 | -€46 | -0.3% |
| Gross operating margin | 9900 | €108,634 | €104,044 | -€4,590 | -4.2% |
| Operating profit (loss) | 9901 | €21,830 | €17,641 | -€4,189 | -19.2% |
| Financial charges | 65/66B | €10,243 | €9,012 | -€1,231 | -12.0% |
| Recurring financial charges | 65 | €10,243 | €9,012 | -€1,231 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €11,586 | €8,629 | -€2,958 | -25.5% |
| Profit (loss) for the period | 9904 | €11,586 | €8,629 | -€2,958 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,586 | €8,629 | -€2,958 | -25.5% |
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 12 October 2026 via checked.be.