POLISOL: 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.
POLISOL
Largest movements
- Tangible fixed assets -€12,020
down €12,020 (-16.8%), from €71,639 to €59,619
of which Other tangible fixed assets: -€11,020
- Deferred charges and accrued income -€1,185
down €1,185 (-71.6%), from €1,656 to €471
- Reserves -€5,360
down €5,360 (-10.1%), from €52,987 to €47,627
of which Tax-exempt reserves: -€5,360
- Profit (loss) carried forward -€4,810
down €4,810 (-46.9%), from -€10,261 to -€15,071
- Provisions -€2,640
down €2,640 (-25.0%), from €10,560 to €7,920
- Other operating charges +€1,692
up €1,692 (+63.4%), from €2,667 to €4,359
- Gross operating margin +€1,414
up €1,414 (+64.0%), from €2,211 to €3,625
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,009 | €99,544 | -€13,465 | -11.9% |
| Fixed assets | 21/28 | €71,639 | €59,619 | -€12,020 | -16.8% |
| Tangible fixed assets | 22/27 | €71,639 | €59,619 | -€12,020 | -16.8% |
| Land and buildings | 22 | €11,579 | €11,579 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,236 | €236 | -€1,000 | -80.9% |
| Other tangible fixed assets | 26 | €58,824 | €47,804 | -€11,020 | -18.7% |
| Current assets | 29/58 | €41,370 | €39,925 | -€1,445 | -3.5% |
| Amounts receivable within one year | 40/41 | €38,280 | €38,606 | +€326 | +0.9% |
| Trade receivables | 40 | €38,223 | €38,223 | = | 0.0% |
| Other amounts receivable | 41 | €57 | €383 | +€326 | +571.9% |
| Cash at bank and in hand | 54/58 | €1,434 | €848 | -€586 | -40.9% |
| Deferred charges and accrued income | 490/1 | €1,656 | €471 | -€1,185 | -71.6% |
| Total equity and liabilities | 10/49 | €113,009 | €99,544 | -€13,465 | -11.9% |
| Equity | 10/15 | €61,318 | €51,148 | -€10,170 | -16.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €52,987 | €47,627 | -€5,360 | -10.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,440 | €16,080 | -€5,360 | -25.0% |
| Distributable reserves | 133 | €29,688 | €29,688 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,261 | -€15,071 | -€4,810 | -46.9% |
| Provisions and deferred taxes | 16 | €10,560 | €7,920 | -€2,640 | -25.0% |
| Deferred taxes | 168 | €10,560 | €7,920 | -€2,640 | -25.0% |
| Amounts payable | 17/49 | €41,131 | €40,476 | -€655 | -1.6% |
| Amounts payable within one year | 42/48 | €41,131 | €40,476 | -€655 | -1.6% |
| Trade debts | 44 | €774 | €471 | -€303 | -39.1% |
| Suppliers | 440/4 | €774 | €471 | -€303 | -39.1% |
| Other amounts payable | 47/48 | €40,357 | €40,005 | -€352 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,020 | €12,020 | = | 0.0% |
| Other operating charges | 640/8 | €2,667 | €4,359 | +€1,692 | +63.4% |
| Gross operating margin | 9900 | €2,211 | €3,625 | +€1,414 | +64.0% |
| Operating profit (loss) | 9901 | -€12,476 | -€12,754 | -€278 | -2.2% |
| Financial charges | 65/66B | €45 | €56 | +€11 | +24.4% |
| Recurring financial charges | 65 | €45 | €56 | +€11 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,521 | -€12,810 | -€289 | -2.3% |
| Transfer from deferred taxes | 780 | €2,640 | €2,640 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€9,881 | -€10,170 | -€289 | -2.9% |
| Transfer from tax-exempt reserves | 789 | €5,360 | €5,360 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,521 | -€4,810 | -€289 | -6.4% |
Source: filed annual accounts (NBB), financial years ended 17 March 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.