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
- Cash +€66,583
up €66,583 (+319.0%), from €20,871 to €87,454
mainly Investment in fixed assets (net) (+€36,344) and Other debts (+€26,935)
- Financial fixed assets -€37,500
down €37,500 (-62.5%), from €60,000 to €22,500
- Receivables within one year -€3,398
down €3,398 (-48.9%), from €6,948 to €3,550
of which Trade receivables: -€3,361
- Other debts +€26,935
up €26,935 (+806.4%), from €3,340 to €30,275
- Tax, wage and social debts +€10,978
up €10,978 (+7964.3%), from €138 to €11,116
- Reserves -€10,000
down €10,000 (-97.1%), from €10,299 to €299
- Debts after one year -€8,766
down €8,766 (-12.3%), from €71,150 to €62,385
- Short-term financial debts +€3,341
new in 2025: €3,341
- Gross operating margin +€27,071
up €27,071 (+247.6%), from €10,931 to €38,002
- Taxes +€7,614
up €7,614 (+696.2%), from €1,094 to €8,708
- Financial charges -€1,597
down €1,597 (-22.7%), from €7,045 to €5,448
- Depreciation +€1,202
up €1,202 (+56.7%), from €2,121 to €3,323
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 | €94,930 | €117,443 | +€22,513 | +23.7% |
| Formation expenses | 20 | €3,705 | €2,638 | -€1,067 | -28.8% |
| Fixed assets | 21/28 | €62,202 | €23,602 | -€38,600 | -62.1% |
| Tangible fixed assets | 22/27 | €2,202 | €1,102 | -€1,100 | -49.9% |
| Furniture and vehicles | 24 | €2,202 | €1,102 | -€1,100 | -49.9% |
| Financial fixed assets | 28 | €60,000 | €22,500 | -€37,500 | -62.5% |
| Current assets | 29/58 | €29,023 | €91,203 | +€62,180 | +214.2% |
| Amounts receivable within one year | 40/41 | €6,948 | €3,550 | -€3,398 | -48.9% |
| Trade receivables | 40 | €6,761 | €3,400 | -€3,361 | -49.7% |
| Other amounts receivable | 41 | €187 | €150 | -€37 | -19.9% |
| Cash at bank and in hand | 54/58 | €20,871 | €87,454 | +€66,583 | +319.0% |
| Deferred charges and accrued income | 490/1 | €1,204 | €200 | -€1,004 | -83.4% |
| Total equity and liabilities | 10/49 | €94,930 | €117,443 | +€22,513 | +23.7% |
| Equity | 10/15 | €10,399 | €399 | -€10,000 | -96.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €10,299 | €299 | -€10,000 | -97.1% |
| Distributable reserves | 133 | €10,299 | €299 | -€10,000 | -97.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €84,531 | €117,044 | +€32,513 | +38.5% |
| Amounts payable after more than one year | 17 | €71,150 | €62,385 | -€8,766 | -12.3% |
| Financial debts | 170/4 | €71,150 | €62,385 | -€8,766 | -12.3% |
| Amounts payable within one year | 42/48 | €13,380 | €54,659 | +€41,279 | +308.5% |
| Current portion of amounts payable after more than one year | 42 | €8,342 | €8,766 | +€424 | +5.1% |
| Financial debts | 43 | - | €3,341 | +€3,341 | |
| Credit institutions | 430/8 | - | €3,341 | +€3,341 | |
| Trade debts | 44 | €1,561 | €1,162 | -€399 | -25.6% |
| Suppliers | 440/4 | €1,561 | €1,162 | -€399 | -25.6% |
| Taxes, remuneration and social security | 45 | €138 | €11,116 | +€10,978 | +7964.3% |
| Taxes | 450/3 | €138 | €11,116 | +€10,978 | +7964.3% |
| Other amounts payable | 47/48 | €3,340 | €30,275 | +€26,935 | +806.4% |
| Remuneration, social security and pensions | 62 | - | €112 | +€112 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,121 | €3,323 | +€1,202 | +56.7% |
| Other operating charges | 640/8 | €516 | €530 | +€14 | +2.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €10,931 | €38,002 | +€27,071 | +247.6% |
| Operating profit (loss) | 9901 | €8,294 | €34,036 | +€25,742 | +310.4% |
| Financial income | 75/76B | €34 | €96 | +€62 | +180.3% |
| Recurring financial income | 75 | €34 | €96 | +€62 | +180.3% |
| Financial charges | 65/66B | €7,045 | €5,448 | -€1,597 | -22.7% |
| Recurring financial charges | 65 | €7,045 | €5,448 | -€1,597 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €1,283 | €28,684 | +€27,401 | +2135.4% |
| Income taxes | 67/77 | €1,094 | €8,708 | +€7,614 | +696.2% |
| Profit (loss) for the period | 9904 | €189 | €19,976 | +€19,787 | +10448.2% |
| Profit (loss) for the period to be appropriated | 9905 | €189 | €19,976 | +€19,787 | +10448.2% |
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 1 October 2026 via checked.be.