POLIEN: 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.
What changed
POLIEN
NACE 01.610, Support activities for crop production
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€73,509
2024 · €110,598-€37,089
Equity
€920,126
2024 · €846,617+€73,509
Cash
€291,092
2024 · €136,814+€154,277
Balance sheet total
€2.2m
2024 · €2.2m-€26,897
Largest movements
Assets
- Tangible fixed assets -€188,713
down €188,713 (-10.8%), from €1.7m to €1.6m
of which Plant, machinery and equipment: -€256,614
- Cash +€154,277
up €154,277 (+113%), from €136,814 to €291,092
mainly Depreciation (+€409,151) and Trade debts (+€197,675)
Equity and liabilities
- Debts after one year -€236,727
down €236,727 (-26.7%), from €888,102 to €651,375
- Trade debts +€197,675
up €197,675 (+284%), from €69,724 to €267,399
- Reserves +€73,509
up €73,509 (+8.9%), from €826,777 to €900,286
of which Distributable reserves: +€97,644
- Other debts -€72,054
down €72,054 (-87.2%), from €82,602 to €10,548
- Tax, wage and social debts +€31,593
up €31,593 (+2,070%), from €1,527 to €33,120
of which Taxes: +€31,593
Income statement
- Gross operating margin -€45,477
down €45,477 (-7.6%), from €598,072 to €552,594
- Financial income -€7,715
down €7,715 (-93.4%), from €8,261 to €546
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.
Result 2024
€110,598
Gross operating margin
-€45,477
Staff costs
+€4,623
Depreciation
+€4,444
Other operating charges
-€1,134
Financial income
-€7,715
Financial charges
+€894
Taxes
-€4,847
Deferred taxes and other
+€12,124
Result 2025
€73,509
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€625,905
Investment
-€220,438
Financing
-€251,189
Cash 2024
€136,814
From operations (derived)
+€625,905
Net result for the year
+€73,509
Depreciation
+€409,151
Stocks and contracts
-€4,879
Smaller working-capital items
+€1,367
Deferred charges and accrued income
-€3,617
Provisions
-€6,841
Trade debts
+€197,675
Tax, wage and social debts
+€31,593
Other debts
-€72,054
Investment (derived)
-€220,438
Investment in fixed assets (net)
-€220,438
Financing
-€251,189
Debts after one year
-€236,727
Current portion of long-term debt
-€14,463
Contributions, distributions and other
-€0
Cash 2025
€291,092
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,199,887 | €2,172,990 | -€26,897 | -1.2% |
| Fixed assets | 21/28 | €1,750,448 | €1,561,735 | -€188,713 | -10.8% |
| Tangible fixed assets | 22/27 | €1,749,473 | €1,560,760 | -€188,713 | -10.8% |
| Land and buildings | 22 | €411,302 | €380,177 | -€31,125 | -7.6% |
| Plant, machinery and equipment | 23 | €1,326,736 | €1,070,122 | -€256,614 | -19.3% |
| Furniture and vehicles | 24 | €11,435 | €110,462 | +€99,027 | +866% |
| Financial fixed assets | 28 | €975 | €975 | = | 0.0% |
| Current assets | 29/58 | €449,439 | €611,255 | +€161,816 | +36.0% |
| Stocks and contracts in progress | 3 | €24,450 | €29,329 | +€4,879 | +20.0% |
| Stocks | 30/36 | €24,450 | €29,329 | +€4,879 | +20.0% |
| Amounts receivable within one year | 40/41 | €276,057 | €275,099 | -€957 | -0.3% |
| Trade receivables | 40 | €276,035 | €264,613 | -€11,422 | -4.1% |
| Other amounts receivable | 41 | €22 | €10,487 | +€10,465 | +47,567% |
| Cash at bank and in hand | 54/58 | €136,814 | €291,092 | +€154,277 | +113% |
| Deferred charges and accrued income | 490/1 | €12,118 | €15,734 | +€3,617 | +29.8% |
| Total equity and liabilities | 10/49 | €2,199,887 | €2,172,990 | -€26,897 | -1.2% |
| Equity | 10/15 | €846,617 | €920,126 | +€73,509 | +8.7% |
| Contributions | 10/11 | €19,840 | €19,840 | = | 0.0% |
| Reserves | 13 | €826,777 | €900,286 | +€73,509 | +8.9% |
| Non-distributable reserves | 130/1 | €1,984 | €1,984 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,984 | €1,984 | = | 0.0% |
| Tax-exempt reserves | 132 | €80,672 | €56,537 | -€24,135 | -29.9% |
| Distributable reserves | 133 | €744,121 | €841,765 | +€97,644 | +13.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €24,086 | €17,245 | -€6,841 | -28.4% |
| Deferred taxes | 168 | €24,086 | €17,245 | -€6,841 | -28.4% |
| Amounts payable | 17/49 | €1,329,184 | €1,235,619 | -€93,566 | -7.0% |
| Amounts payable after more than one year | 17 | €888,102 | €651,375 | -€236,727 | -26.7% |
| Financial debts | 170/4 | €888,102 | €651,375 | -€236,727 | -26.7% |
| Amounts payable within one year | 42/48 | €441,042 | €583,794 | +€142,752 | +32.4% |
| Current portion of amounts payable after more than one year | 42 | €287,189 | €272,727 | -€14,463 | -5.0% |
| Trade debts | 44 | €69,724 | €267,399 | +€197,675 | +284% |
| Suppliers | 440/4 | €69,724 | €267,399 | +€197,675 | +284% |
| Taxes, remuneration and social security | 45 | €1,527 | €33,120 | +€31,593 | +2,070% |
| Taxes | 450/3 | €387 | €31,980 | +€31,593 | +8,173% |
| Remuneration and social security | 454/9 | €1,140 | €1,140 | = | 0.0% |
| Other amounts payable | 47/48 | €82,602 | €10,548 | -€72,054 | -87.2% |
| Accrued charges and deferred income | 492/3 | €40 | €449 | +€409 | +1,036% |
| Non-recurring operating income | 76A | €40,625 | €6,010 | -€34,615 | -85.2% |
| Remuneration, social security and pensions | 62 | €7,497 | €2,874 | -€4,623 | -61.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €413,595 | €409,151 | -€4,444 | -1.1% |
| Other operating charges | 640/8 | €3,844 | €4,978 | +€1,134 | +29.5% |
| Gross operating margin | 9900 | €598,072 | €552,594 | -€45,477 | -7.6% |
| Operating profit (loss) | 9901 | €173,136 | €135,592 | -€37,545 | -21.7% |
| Financial income | 75/76B | €8,261 | €546 | -€7,715 | -93.4% |
| Recurring financial income | 75 | €8,261 | €546 | -€7,715 | -93.4% |
| Financial charges | 65/66B | €30,818 | €29,924 | -€894 | -2.9% |
| Recurring financial charges | 65 | €30,818 | €29,924 | -€894 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €150,580 | €106,213 | -€44,366 | -29.5% |
| Transfer from deferred taxes | 780 | €4,873 | €6,841 | +€1,968 | +40.4% |
| Transfer to deferred taxes | 680 | €10,156 | €0 | -€10,156 | -100% |
| Income taxes | 67/77 | €34,698 | €39,545 | +€4,847 | +14.0% |
| Profit (loss) for the period | 9904 | €110,598 | €73,509 | -€37,089 | -33.5% |
| Transfer from tax-exempt reserves | 789 | €18,232 | €24,135 | +€5,903 | +32.4% |
| Transfer to tax-exempt reserves | 689 | €30,469 | €0 | -€30,469 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €98,361 | €97,644 | -€717 | -0.7% |
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 14 October 2026 via checked.be.