PôLE CONCEPT: 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.
PôLE CONCEPT
Largest movements
- Receivables within one year +€299,075
up €299,075 (+256.9%), from €116,401 to €415,477
of which Trade receivables: +€361,769
- Cash -€70,128
down €70,128 (-30.3%), from €231,238 to €161,111
mainly Receivables within one year (-€299,075) and Other debts (-€169,180)
- Tangible fixed assets +€13,905
up €13,905 (+101.1%), from €13,757 to €27,662
- Trade debts +€385,099
up €385,099 (+1246.3%), from €30,900 to €415,999
- Other debts -€169,180
down €169,180 (-99.9%), from €169,318 to €138
- Debts after one year +€11,162
new in 2025: €11,162
- Current portion of long-term debt +€7,553
new in 2025: €7,553
- Staff costs +€117,351
up €117,351 (+52.7%), from €222,568 to €339,919
- Gross operating margin -€98,271
down €98,271 (-18.7%), from €524,938 to €426,668
- Taxes -€19,618
down €19,618 (-55.9%), from €35,084 to €15,466
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 | €365,069 | €604,562 | +€239,493 | +65.6% |
| Fixed assets | 21/28 | €14,070 | €27,975 | +€13,905 | +98.8% |
| Tangible fixed assets | 22/27 | €13,757 | €27,662 | +€13,905 | +101.1% |
| Furniture and vehicles | 24 | €13,757 | €27,662 | +€13,905 | +101.1% |
| Financial fixed assets | 28 | €313 | €313 | = | 0.0% |
| Current assets | 29/58 | €350,999 | €576,587 | +€225,588 | +64.3% |
| Amounts receivable within one year | 40/41 | €116,401 | €415,477 | +€299,075 | +256.9% |
| Trade receivables | 40 | €52,009 | €413,779 | +€361,769 | +695.6% |
| Other amounts receivable | 41 | €64,392 | €1,698 | -€62,694 | -97.4% |
| Cash at bank and in hand | 54/58 | €231,238 | €161,111 | -€70,128 | -30.3% |
| Deferred charges and accrued income | 490/1 | €3,360 | - | -€3,360 | |
| Total equity and liabilities | 10/49 | €365,069 | €604,562 | +€239,493 | +65.6% |
| Equity | 10/15 | €93,649 | €98,605 | +€4,956 | +5.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €8,165 | €8,165 | = | 0.0% |
| Non-distributable reserves | 130/1 | €755 | €755 | = | 0.0% |
| Legal reserve | 130 | €755 | €755 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,581 | €2,581 | = | 0.0% |
| Distributable reserves | 133 | €4,830 | €4,830 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,984 | €28,940 | +€4,956 | +20.7% |
| Amounts payable | 17/49 | €271,421 | €505,957 | +€234,537 | +86.4% |
| Amounts payable after more than one year | 17 | - | €11,162 | +€11,162 | |
| Financial debts | 170/4 | - | €11,162 | +€11,162 | |
| Amounts payable within one year | 42/48 | €271,421 | €494,796 | +€223,375 | +82.3% |
| Current portion of amounts payable after more than one year | 42 | - | €7,553 | +€7,553 | |
| Financial debts | 43 | - | €65 | +€65 | |
| Credit institutions | 430/8 | - | €65 | +€65 | |
| Trade debts | 44 | €30,900 | €415,999 | +€385,099 | +1246.3% |
| Suppliers | 440/4 | €30,900 | €415,999 | +€385,099 | +1246.3% |
| Taxes, remuneration and social security | 45 | €71,203 | €71,041 | -€161 | -0.2% |
| Taxes | 450/3 | €40,506 | €14,181 | -€26,325 | -65.0% |
| Remuneration and social security | 454/9 | €30,697 | €56,860 | +€26,164 | +85.2% |
| Other amounts payable | 47/48 | €169,318 | €138 | -€169,180 | -99.9% |
| Remuneration, social security and pensions | 62 | €222,568 | €339,919 | +€117,351 | +52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,912 | €11,425 | +€3,514 | +44.4% |
| Other operating charges | 640/8 | €55,969 | €51,261 | -€4,709 | -8.4% |
| Gross operating margin | 9900 | €524,938 | €426,668 | -€98,271 | -18.7% |
| Operating profit (loss) | 9901 | €238,489 | €24,063 | -€214,426 | -89.9% |
| Financial income | 75/76B | €118 | €136 | +€17 | +14.6% |
| Recurring financial income | 75 | €118 | €136 | +€17 | +14.6% |
| Financial charges | 65/66B | €4,608 | €3,777 | -€831 | -18.0% |
| Recurring financial charges | 65 | €4,608 | €3,777 | -€831 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €234,000 | €20,422 | -€213,578 | -91.3% |
| Income taxes | 67/77 | €35,084 | €15,466 | -€19,618 | -55.9% |
| Profit (loss) for the period | 9904 | €198,916 | €4,956 | -€193,960 | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €198,916 | €4,956 | -€193,960 | -97.5% |
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 29 September 2026 via checked.be.