PoliValent by Polina: 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.
PoliValent by Polina
Largest movements
- Cash +€22,763
up €22,763 (+137%), from €16,594 to €39,357
mainly Net result for the year (+€33,798) and Depreciation (+€2,666)
- Receivables within one year +€4,930
up €4,930 (+138%), from €3,561 to €8,492
of which Other amounts receivable: +€3,018
- Tangible fixed assets +€1,746
up €1,746 (+32.7%), from €5,345 to €7,091
of which Furniture and vehicles: +€954
- Deferred charges and accrued income +€1,481
up €1,481 (+16.6%), from €8,945 to €10,426
- Reserves +€32,965
up €32,965 (+192%), from €17,147 to €50,113
- Tax, wage and social debts -€4,338
down €4,338 (-45.4%), from €9,564 to €5,225
of which Taxes: -€2,538
- Trade debts +€1,542
up €1,542 (+131%), from €1,178 to €2,720
- Other debts +€1,011
up €1,011 (+47.8%), from €2,115 to €3,125
- Gross operating margin +€23,180
up €23,180 (+99.3%), from €23,354 to €46,534
- Taxes +€5,212
up €5,212 (+109%), from €4,775 to €9,987
- Depreciation +€2,175
up €2,175 (+443%), from €491 to €2,666
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,484 | €66,184 | +€30,700 | +86.5% |
| Fixed assets | 21/28 | €6,383 | €7,908 | +€1,526 | +23.9% |
| Intangible fixed assets | 21 | €1,037 | €817 | -€220 | -21.2% |
| Tangible fixed assets | 22/27 | €5,345 | €7,091 | +€1,746 | +32.7% |
| Plant, machinery and equipment | 23 | €1,701 | €2,492 | +€791 | +46.5% |
| Furniture and vehicles | 24 | €3,645 | €4,599 | +€954 | +26.2% |
| Current assets | 29/58 | €29,101 | €58,275 | +€29,174 | +100% |
| Amounts receivable within one year | 40/41 | €3,561 | €8,492 | +€4,930 | +138% |
| Trade receivables | 40 | €3,561 | €5,474 | +€1,912 | +53.7% |
| Other amounts receivable | 41 | - | €3,018 | +€3,018 | |
| Cash at bank and in hand | 54/58 | €16,594 | €39,357 | +€22,763 | +137% |
| Deferred charges and accrued income | 490/1 | €8,945 | €10,426 | +€1,481 | +16.6% |
| Total equity and liabilities | 10/49 | €35,484 | €66,184 | +€30,700 | +86.5% |
| Equity | 10/15 | €22,147 | €55,113 | +€32,965 | +149% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €17,147 | €50,113 | +€32,965 | +192% |
| Distributable reserves | 133 | €17,147 | €50,113 | +€32,965 | +192% |
| Amounts payable | 17/49 | €13,336 | €11,071 | -€2,266 | -17.0% |
| Amounts payable within one year | 42/48 | €12,856 | €11,071 | -€1,786 | -13.9% |
| Trade debts | 44 | €1,178 | €2,720 | +€1,542 | +131% |
| Suppliers | 440/4 | €1,178 | €2,720 | +€1,542 | +131% |
| Taxes, remuneration and social security | 45 | €9,564 | €5,225 | -€4,338 | -45.4% |
| Taxes | 450/3 | €7,764 | €5,225 | -€2,538 | -32.7% |
| Remuneration and social security | 454/9 | €1,800 | €0 | -€1,800 | -100% |
| Other amounts payable | 47/48 | €2,115 | €3,125 | +€1,011 | +47.8% |
| Accrued charges and deferred income | 492/3 | €480 | - | -€480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €491 | €2,666 | +€2,175 | +443% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €23,354 | €46,534 | +€23,180 | +99.3% |
| Operating profit (loss) | 9901 | €22,813 | €43,868 | +€21,055 | +92.3% |
| Financial income | 75/76B | €0 | €3 | +€3 | +29,900% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +29,900% |
| Financial charges | 65/66B | €32 | €86 | +€54 | +166% |
| Recurring financial charges | 65 | €32 | €86 | +€54 | +166% |
| Profit (loss) for the period before taxes | 9903 | €22,781 | €43,785 | +€21,004 | +92.2% |
| Income taxes | 67/77 | €4,775 | €9,987 | +€5,212 | +109% |
| Profit (loss) for the period | 9904 | €18,006 | €33,798 | +€15,792 | +87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,006 | €33,798 | +€15,792 | +87.7% |
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 18 October 2026 via checked.be.