POLLE: 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.
POLLE
Largest movements
- Receivables within one year -€42,909
down €42,909 (-30.4%), from €141,282 to €98,373
of which Trade receivables: -€52,886
- Cash +€34,109
up €34,109 (+1548.5%), from €2,203 to €36,312
mainly Receivables within one year (+€42,909) and Depreciation (+€27,703)
- Tangible fixed assets -€27,703
down €27,703 (-12.1%), from €229,595 to €201,891
of which Furniture and vehicles: -€17,804
- Short-term financial debts -€41,013
down €41,013 (-100.0%), from €41,013 to €0
- Debts after one year -€20,029
down €20,029 (-12.1%), from €165,137 to €145,108
- Trade debts +€17,000
up €17,000 (+183.3%), from €9,275 to €26,275
- Profit (loss) carried forward +€13,104
new in 2025: €13,104
- Other debts -€8,674
down €8,674 (-38.3%), from €22,638 to €13,964
- Staff costs -€62,133
down €62,133 (-23.3%), from €267,134 to €205,001
- Gross operating margin -€16,120
down €16,120 (-5.8%), from €279,560 to €263,440
- Depreciation -€3,437
down €3,437 (-11.0%), from €31,141 to €27,703
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 | €393,151 | €354,421 | -€38,731 | -9.9% |
| Fixed assets | 21/28 | €231,442 | €203,738 | -€27,703 | -12.0% |
| Tangible fixed assets | 22/27 | €229,595 | €201,891 | -€27,703 | -12.1% |
| Land and buildings | 22 | €185,177 | €175,277 | -€9,900 | -5.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €44,417 | €26,614 | -€17,804 | -40.1% |
| Financial fixed assets | 28 | €1,847 | €1,847 | = | 0.0% |
| Current assets | 29/58 | €161,710 | €150,682 | -€11,027 | -6.8% |
| Stocks and contracts in progress | 3 | €16,143 | €14,984 | -€1,159 | -7.2% |
| Stocks | 30/36 | €16,143 | €14,984 | -€1,159 | -7.2% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €141,282 | €98,373 | -€42,909 | -30.4% |
| Trade receivables | 40 | €136,008 | €83,121 | -€52,886 | -38.9% |
| Other amounts receivable | 41 | €5,275 | €15,252 | +€9,977 | +189.1% |
| Cash at bank and in hand | 54/58 | €2,203 | €36,312 | +€34,109 | +1548.5% |
| Deferred charges and accrued income | 490/1 | €2,082 | €1,014 | -€1,068 | -51.3% |
| Total equity and liabilities | 10/49 | €393,151 | €354,421 | -€38,731 | -9.9% |
| Equity | 10/15 | €122,958 | €136,063 | +€13,104 | +10.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €102,958 | €102,958 | = | 0.0% |
| Distributable reserves | 133 | €102,958 | €102,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €13,104 | +€13,104 | |
| Amounts payable | 17/49 | €270,193 | €218,358 | -€51,835 | -19.2% |
| Amounts payable after more than one year | 17 | €165,137 | €145,108 | -€20,029 | -12.1% |
| Financial debts | 170/4 | €165,137 | €145,108 | -€20,029 | -12.1% |
| Amounts payable within one year | 42/48 | €105,056 | €73,250 | -€31,806 | -30.3% |
| Current portion of amounts payable after more than one year | 42 | €23,479 | €23,225 | -€254 | -1.1% |
| Financial debts | 43 | €41,013 | €0 | -€41,013 | -100.0% |
| Credit institutions | 430/8 | €41,013 | €0 | -€41,013 | -100.0% |
| Trade debts | 44 | €9,275 | €26,275 | +€17,000 | +183.3% |
| Suppliers | 440/4 | €9,275 | €26,275 | +€17,000 | +183.3% |
| Taxes, remuneration and social security | 45 | €8,651 | €9,786 | +€1,135 | +13.1% |
| Taxes | 450/3 | €1,527 | €225 | -€1,302 | -85.3% |
| Remuneration and social security | 454/9 | €7,124 | €9,561 | +€2,437 | +34.2% |
| Other amounts payable | 47/48 | €22,638 | €13,964 | -€8,674 | -38.3% |
| Remuneration, social security and pensions | 62 | €267,134 | €205,001 | -€62,133 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,141 | €27,703 | -€3,437 | -11.0% |
| Other operating charges | 640/8 | €7,168 | €6,418 | -€750 | -10.5% |
| Gross operating margin | 9900 | €279,560 | €263,440 | -€16,120 | -5.8% |
| Operating profit (loss) | 9901 | -€25,883 | €24,317 | +€50,200 | |
| Financial income | 75/76B | €28 | €26 | -€1 | -4.7% |
| Recurring financial income | 75 | €28 | €26 | -€1 | -4.7% |
| Financial charges | 65/66B | €10,901 | €10,668 | -€233 | -2.1% |
| Recurring financial charges | 65 | €10,901 | €10,668 | -€233 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | -€36,756 | €13,675 | +€50,432 | |
| Income taxes | 67/77 | €636 | €571 | -€65 | -10.2% |
| Profit (loss) for the period | 9904 | -€37,393 | €13,104 | +€50,497 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,393 | €13,104 | +€50,497 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.