PolitSapience: 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.
PolitSapience
Largest movements
- Receivables within one year -€210,108
down €210,108 (-99.7%), from €210,763 to €655
of which Other amounts receivable: -€201,108
- Cash -€107,447
down €107,447 (-70.4%), from €152,578 to €45,131
mainly Other debts (-€263,519) and Net result for the year (-€31,571)
- Tangible fixed assets +€14,284
up €14,284 (+809.0%), from €1,766 to €16,050
of which Furniture and vehicles: +€12,165
- Deferred charges and accrued income -€5,726
down €5,726 (-100.0%), from €5,726 to €0
- Other debts -€263,519
down €263,519 (-87.8%), from €300,000 to €36,481
- Profit (loss) carried forward -€31,571
down €31,571 (-63.6%), from €49,641 to €18,070
- Tax, wage and social debts -€14,171
down €14,171 (-94.6%), from €14,976 to €805
- Gross operating margin -€77,763
down €77,763, from €48,463 to -€29,301
- Taxes -€14,835
down €14,835 (-99.1%), from €14,976 to €141
- Financial income -€5,525
down €5,525 (-72.0%), from €7,672 to €2,147
- Depreciation +€3,407
up €3,407 (+1221.2%), from €279 to €3,686
- Other operating charges -€960
down €960 (-79.9%), from €1,201 to €241
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 | €370,833 | €61,836 | -€308,997 | -83.3% |
| Fixed assets | 21/28 | €1,766 | €16,050 | +€14,284 | +809.0% |
| Tangible fixed assets | 22/27 | €1,766 | €16,050 | +€14,284 | +809.0% |
| Plant, machinery and equipment | 23 | - | €2,119 | +€2,119 | |
| Furniture and vehicles | 24 | €1,766 | €13,931 | +€12,165 | +688.9% |
| Current assets | 29/58 | €369,067 | €45,786 | -€323,281 | -87.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €210,763 | €655 | -€210,108 | -99.7% |
| Trade receivables | 40 | €9,000 | €0 | -€9,000 | -100.0% |
| Other amounts receivable | 41 | €201,763 | €655 | -€201,108 | -99.7% |
| Cash at bank and in hand | 54/58 | €152,578 | €45,131 | -€107,447 | -70.4% |
| Deferred charges and accrued income | 490/1 | €5,726 | €0 | -€5,726 | -100.0% |
| Total equity and liabilities | 10/49 | €370,833 | €61,836 | -€308,997 | -83.3% |
| Equity | 10/15 | €54,641 | €23,070 | -€31,571 | -57.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,641 | €18,070 | -€31,571 | -63.6% |
| Amounts payable | 17/49 | €316,192 | €38,766 | -€277,426 | -87.7% |
| Amounts payable within one year | 42/48 | €316,192 | €38,766 | -€277,426 | -87.7% |
| Trade debts | 44 | €1,216 | €1,480 | +€264 | +21.7% |
| Suppliers | 440/4 | €1,216 | €1,480 | +€264 | +21.7% |
| Taxes, remuneration and social security | 45 | €14,976 | €805 | -€14,171 | -94.6% |
| Taxes | 450/3 | €14,976 | €805 | -€14,171 | -94.6% |
| Other amounts payable | 47/48 | €300,000 | €36,481 | -€263,519 | -87.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €279 | €3,686 | +€3,407 | +1221.2% |
| Other operating charges | 640/8 | €1,201 | €241 | -€960 | -79.9% |
| Gross operating margin | 9900 | €48,463 | -€29,301 | -€77,763 | |
| Operating profit (loss) | 9901 | €46,982 | -€33,228 | -€80,210 | |
| Financial income | 75/76B | €7,672 | €2,147 | -€5,525 | -72.0% |
| Recurring financial income | 75 | €7,672 | €2,147 | -€5,525 | -72.0% |
| Financial charges | 65/66B | €304 | €349 | +€46 | +15.0% |
| Recurring financial charges | 65 | €304 | €349 | +€46 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €54,351 | -€31,430 | -€85,780 | |
| Income taxes | 67/77 | €14,976 | €141 | -€14,835 | -99.1% |
| Profit (loss) for the period | 9904 | €39,375 | -€31,571 | -€70,945 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,375 | -€31,571 | -€70,945 |
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 7 October 2026 via checked.be.