Poldimar: 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.
Poldimar
Largest movements
- Cash -€144,899
down €144,899 (-39.0%), from €371,593 to €226,694
mainly Investment in fixed assets (net) (-€125,651) and Stocks and contracts (-€35,317)
- Tangible fixed assets +€60,237
up €60,237 (+26.3%), from €229,303 to €289,540
of which Land and buildings: +€79,272
- Stocks and contracts +€35,317
up €35,317 (+3.9%), from €908,221 to €943,538
- Reserves -€34,559
down €34,559 (-4.1%), from €846,752 to €812,193
of which Distributable reserves: -€32,699
- Current portion of long-term debt -€26,052
down €26,052 (-100%), from €26,052 to €0
- Other debts +€22,117
up €22,117 (+3.3%), from €671,228 to €693,345
- Gross operating margin -€108,054
down €108,054 (-44.5%), from €243,016 to €134,962
- Staff costs -€78,224
down €78,224 (-67.7%), from €115,612 to €37,388
- Other operating charges -€18,935
down €18,935 (-77.1%), from €24,551 to €5,616
- Depreciation +€17,370
up €17,370 (+44.6%), from €38,985 to €56,355
- Financial charges +€14,828
up €14,828 (+30.2%), from €49,053 to €63,881
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 | €1,638,100 | €1,599,017 | -€39,083 | -2.4% |
| Fixed assets | 21/28 | €237,439 | €306,735 | +€69,296 | +29.2% |
| Intangible fixed assets | 21 | €8,136 | €17,195 | +€9,059 | +111% |
| Tangible fixed assets | 22/27 | €229,303 | €289,540 | +€60,237 | +26.3% |
| Land and buildings | 22 | €209,156 | €288,428 | +€79,272 | +37.9% |
| Plant, machinery and equipment | 23 | €6,411 | €1,112 | -€5,299 | -82.7% |
| Furniture and vehicles | 24 | €13,736 | €0 | -€13,736 | -100% |
| Current assets | 29/58 | €1,400,661 | €1,292,282 | -€108,379 | -7.7% |
| Stocks and contracts in progress | 3 | €908,221 | €943,538 | +€35,317 | +3.9% |
| Stocks | 30/36 | €908,221 | €943,538 | +€35,317 | +3.9% |
| Amounts receivable within one year | 40/41 | €119,775 | €120,954 | +€1,179 | +1.0% |
| Trade receivables | 40 | €101,446 | €102,995 | +€1,549 | +1.5% |
| Other amounts receivable | 41 | €18,329 | €17,959 | -€370 | -2.0% |
| Cash at bank and in hand | 54/58 | €371,593 | €226,694 | -€144,899 | -39.0% |
| Deferred charges and accrued income | 490/1 | €1,072 | €1,096 | +€24 | +2.2% |
| Total equity and liabilities | 10/49 | €1,638,100 | €1,599,017 | -€39,083 | -2.4% |
| Equity | 10/15 | €865,352 | €830,793 | -€34,559 | -4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €846,752 | €812,193 | -€34,559 | -4.1% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €829,892 | €797,193 | -€32,699 | -3.9% |
| Amounts payable | 17/49 | €772,748 | €768,224 | -€4,524 | -0.6% |
| Amounts payable within one year | 42/48 | €732,657 | €715,956 | -€16,701 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €26,052 | €0 | -€26,052 | -100% |
| Trade debts | 44 | €1,671 | €5,206 | +€3,535 | +212% |
| Suppliers | 440/4 | €1,671 | €5,206 | +€3,535 | +212% |
| Taxes, remuneration and social security | 45 | €33,706 | €17,405 | -€16,301 | -48.4% |
| Taxes | 450/3 | €10,761 | €11,080 | +€319 | +3.0% |
| Remuneration and social security | 454/9 | €22,945 | €6,325 | -€16,620 | -72.4% |
| Other amounts payable | 47/48 | €671,228 | €693,345 | +€22,117 | +3.3% |
| Accrued charges and deferred income | 492/3 | €40,091 | €52,268 | +€12,177 | +30.4% |
| Remuneration, social security and pensions | 62 | €115,612 | €37,388 | -€78,224 | -67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,985 | €56,355 | +€17,370 | +44.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,823 | €0 | -€2,823 | -100% |
| Other operating charges | 640/8 | €24,551 | €5,616 | -€18,935 | -77.1% |
| Gross operating margin | 9900 | €243,016 | €134,962 | -€108,054 | -44.5% |
| Operating profit (loss) | 9901 | €61,045 | €35,603 | -€25,442 | -41.7% |
| Financial income | 75/76B | €2,371 | €1,224 | -€1,147 | -48.4% |
| Recurring financial income | 75 | €2,371 | €1,224 | -€1,147 | -48.4% |
| Financial charges | 65/66B | €49,053 | €63,881 | +€14,828 | +30.2% |
| Recurring financial charges | 65 | €49,053 | €63,881 | +€14,828 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | €14,363 | -€27,054 | -€41,417 | |
| Income taxes | 67/77 | €387 | €7,505 | +€7,118 | +1,839% |
| Profit (loss) for the period | 9904 | €13,976 | -€34,559 | -€48,535 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,976 | -€34,559 | -€48,535 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.