POLI SERVICES: 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.
POLI SERVICES
Largest movements
- Tangible fixed assets -€32,940
down €32,940 (-7.6%), from €436,149 to €403,209
of which Furniture and vehicles: -€17,695
- Cash +€31,130
up €31,130 (+210.9%), from €14,758 to €45,888
mainly Net result for the year (+€78,324) and Depreciation (+€16,652)
- Profit (loss) carried forward +€41,961
up €41,961 (+1519.0%), from €2,762 to €44,723
- Reserves +€36,364
up €36,364 (+2487.3%), from €1,462 to €37,826
of which Distributable reserves: +€36,364
- Other debts -€30,070
no longer reported in 2024 (was €30,070)
- Debts after one year -€25,885
down €25,885 (-7.2%), from €360,773 to €334,889
- Trade debts -€19,092
down €19,092 (-71.1%), from €26,860 to €7,768
- Gross operating margin +€135,713
up €135,713 (+166.7%), from €81,411 to €217,124
- Staff costs +€23,348
up €23,348 (+45.8%), from €50,933 to €74,280
- Taxes +€22,955
up €22,955, from -€179 to €22,776
- Depreciation -€6,547
down €6,547 (-28.2%), from €23,199 to €16,652
- Financial charges -€3,737
down €3,737 (-19.8%), from €18,895 to €15,158
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €488,381 | €487,851 | -€530 | -0.1% |
| Fixed assets | 21/28 | €436,559 | €403,619 | -€32,940 | -7.5% |
| Tangible fixed assets | 22/27 | €436,149 | €403,209 | -€32,940 | -7.6% |
| Land and buildings | 22 | €403,210 | €389,793 | -€13,418 | -3.3% |
| Plant, machinery and equipment | 23 | €5,287 | €4,540 | -€747 | -14.1% |
| Furniture and vehicles | 24 | €21,126 | €3,431 | -€17,695 | -83.8% |
| Other tangible fixed assets | 26 | €6,526 | €5,446 | -€1,080 | -16.6% |
| Financial fixed assets | 28 | €410 | €410 | = | 0.0% |
| Current assets | 29/58 | €51,822 | €84,232 | +€32,410 | +62.5% |
| Stocks and contracts in progress | 3 | €23,548 | €22,654 | -€894 | -3.8% |
| Stocks | 30/36 | €23,548 | €22,654 | -€894 | -3.8% |
| Amounts receivable within one year | 40/41 | €12,492 | €15,339 | +€2,847 | +22.8% |
| Trade receivables | 40 | €9,420 | €11,641 | +€2,222 | +23.6% |
| Other amounts receivable | 41 | €3,072 | €3,698 | +€625 | +20.4% |
| Cash at bank and in hand | 54/58 | €14,758 | €45,888 | +€31,130 | +210.9% |
| Deferred charges and accrued income | 490/1 | €1,024 | €352 | -€672 | -65.7% |
| Total equity and liabilities | 10/49 | €488,381 | €487,851 | -€530 | -0.1% |
| Equity | 10/15 | €10,424 | €88,748 | +€78,324 | +751.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,462 | €37,826 | +€36,364 | +2487.3% |
| Non-distributable reserves | 130/1 | €1,462 | €1,462 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,462 | €1,462 | = | 0.0% |
| Distributable reserves | 133 | - | €36,364 | +€36,364 | |
| Profit (loss) carried forward | 14 | €2,762 | €44,723 | +€41,961 | +1519.0% |
| Amounts payable | 17/49 | €477,956 | €399,102 | -€78,854 | -16.5% |
| Amounts payable after more than one year | 17 | €360,773 | €334,889 | -€25,885 | -7.2% |
| Financial debts | 170/4 | €360,773 | €334,889 | -€25,885 | -7.2% |
| Amounts payable within one year | 42/48 | €114,783 | €61,112 | -€53,671 | -46.8% |
| Current portion of amounts payable after more than one year | 42 | €26,134 | €25,885 | -€249 | -1.0% |
| Financial debts | 43 | €8 | €19 | +€11 | +150.5% |
| Credit institutions | 430/8 | €8 | €19 | +€11 | +150.5% |
| Trade debts | 44 | €26,860 | €7,768 | -€19,092 | -71.1% |
| Suppliers | 440/4 | €26,860 | €7,768 | -€19,092 | -71.1% |
| Advances received on contracts in progress | 46 | - | €786 | +€786 | |
| Taxes, remuneration and social security | 45 | €31,712 | €26,654 | -€5,057 | -15.9% |
| Taxes | 450/3 | - | €22,776 | +€22,776 | |
| Remuneration and social security | 454/9 | €31,712 | €3,879 | -€27,833 | -87.8% |
| Other amounts payable | 47/48 | €30,070 | - | -€30,070 | |
| Accrued charges and deferred income | 492/3 | €2,400 | €3,102 | +€702 | +29.3% |
| Remuneration, social security and pensions | 62 | €50,933 | €74,280 | +€23,348 | +45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,199 | €16,652 | -€6,547 | -28.2% |
| Other operating charges | 640/8 | €6,532 | €9,942 | +€3,410 | +52.2% |
| Gross operating margin | 9900 | €81,411 | €217,124 | +€135,713 | +166.7% |
| Operating profit (loss) | 9901 | €748 | €116,250 | +€115,502 | +15439.4% |
| Financial income | 75/76B | €21 | €7 | -€14 | -65.7% |
| Recurring financial income | 75 | €21 | €7 | -€14 | -65.7% |
| Financial charges | 65/66B | €18,895 | €15,158 | -€3,737 | -19.8% |
| Recurring financial charges | 65 | €18,895 | €15,158 | -€3,737 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,126 | €101,100 | +€119,226 | |
| Income taxes | 67/77 | -€179 | €22,776 | +€22,955 | |
| Profit (loss) for the period | 9904 | -€17,947 | €78,324 | +€96,271 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,947 | €78,324 | +€96,271 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.