POLLE: 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.
POLLE
Largest movements
- Financial fixed assets +€50,000
new in 2025: €50,000
- Stocks and contracts -€36,602
down €36,602 (-40.1%), from €91,233 to €54,631
- Receivables within one year +€13,248
up €13,248 (+9.4%), from €140,815 to €154,063
of which Other amounts receivable: +€19,561
- Cash +€6,717
up €6,717 (+24.0%), from €28,024 to €34,741
mainly Depreciation (+€70,241) and Trade debts (+€59,840)
- Profit (loss) carried forward -€113,662
down €113,662 (-104.9%), from -€108,380 to -€222,042
- Trade debts +€59,840
up €59,840 (+34.5%), from €173,201 to €233,041
- Other debts +€59,098
up €59,098 (+52.5%), from €112,670 to €171,768
- Current portion of long-term debt +€12,950
up €12,950 (+86.4%), from €14,985 to €27,935
- Tax, wage and social debts +€10,652
up €10,652 (+26.9%), from €39,539 to €50,191
of which Taxes: +€6,688
- Staff costs -€16,072
down €16,072 (-5.5%), from €289,741 to €273,669
- Financial charges +€9,913
up €9,913 (+246.3%), from €4,025 to €13,938
- Depreciation +€9,048
up €9,048 (+14.8%), from €61,194 to €70,241
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 | €459,604 | €487,704 | +€28,100 | +6.1% |
| Fixed assets | 21/28 | €191,094 | €236,138 | +€45,043 | +23.6% |
| Intangible fixed assets | 21 | €2,240 | €746 | -€1,494 | -66.7% |
| Tangible fixed assets | 22/27 | €188,855 | €185,392 | -€3,463 | -1.8% |
| Plant, machinery and equipment | 23 | €149,714 | €116,526 | -€33,188 | -22.2% |
| Furniture and vehicles | 24 | €25,658 | €56,906 | +€31,247 | +121.8% |
| Other tangible fixed assets | 26 | €13,482 | €11,960 | -€1,522 | -11.3% |
| Financial fixed assets | 28 | - | €50,000 | +€50,000 | |
| Current assets | 29/58 | €268,509 | €251,566 | -€16,943 | -6.3% |
| Stocks and contracts in progress | 3 | €91,233 | €54,631 | -€36,602 | -40.1% |
| Stocks | 30/36 | €91,233 | €54,631 | -€36,602 | -40.1% |
| Amounts receivable within one year | 40/41 | €140,815 | €154,063 | +€13,248 | +9.4% |
| Trade receivables | 40 | €122,710 | €116,396 | -€6,314 | -5.1% |
| Other amounts receivable | 41 | €18,105 | €37,666 | +€19,561 | +108.0% |
| Cash at bank and in hand | 54/58 | €28,024 | €34,741 | +€6,717 | +24.0% |
| Deferred charges and accrued income | 490/1 | €8,438 | €8,132 | -€306 | -3.6% |
| Total equity and liabilities | 10/49 | €459,604 | €487,704 | +€28,100 | +6.1% |
| Equity | 10/15 | €77,160 | -€36,502 | -€113,662 | |
| Contributions | 10/11 | €185,540 | €185,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,380 | -€222,042 | -€113,662 | -104.9% |
| Amounts payable | 17/49 | €382,444 | €524,206 | +€141,762 | +37.1% |
| Amounts payable after more than one year | 17 | €42,048 | €41,271 | -€777 | -1.8% |
| Financial debts | 170/4 | €42,048 | €41,271 | -€777 | -1.8% |
| Amounts payable within one year | 42/48 | €340,395 | €482,935 | +€142,539 | +41.9% |
| Current portion of amounts payable after more than one year | 42 | €14,985 | €27,935 | +€12,950 | +86.4% |
| Trade debts | 44 | €173,201 | €233,041 | +€59,840 | +34.5% |
| Suppliers | 440/4 | €173,201 | €233,041 | +€59,840 | +34.5% |
| Taxes, remuneration and social security | 45 | €39,539 | €50,191 | +€10,652 | +26.9% |
| Taxes | 450/3 | €520 | €7,208 | +€6,688 | +1285.6% |
| Remuneration and social security | 454/9 | €39,019 | €42,983 | +€3,964 | +10.2% |
| Other amounts payable | 47/48 | €112,670 | €171,768 | +€59,098 | +52.5% |
| Non-recurring operating income | 76A | €0 | €55,250 | +€55,250 | |
| Remuneration, social security and pensions | 62 | €289,741 | €273,669 | -€16,072 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,194 | €70,241 | +€9,048 | +14.8% |
| Other operating charges | 640/8 | €5,343 | €4,378 | -€965 | -18.1% |
| Gross operating margin | 9900 | €248,097 | €248,658 | +€561 | +0.2% |
| Operating profit (loss) | 9901 | -€108,180 | -€99,630 | +€8,550 | +7.9% |
| Financial income | 75/76B | €693 | €116 | -€577 | -83.3% |
| Recurring financial income | 75 | €693 | €116 | -€577 | -83.3% |
| Financial charges | 65/66B | €4,025 | €13,938 | +€9,913 | +246.3% |
| Recurring financial charges | 65 | €4,025 | €13,938 | +€9,913 | +246.3% |
| Profit (loss) for the period before taxes | 9903 | -€111,512 | -€113,452 | -€1,940 | -1.7% |
| Income taxes | 67/77 | €212 | €209 | -€3 | -1.4% |
| Profit (loss) for the period | 9904 | -€111,725 | -€113,662 | -€1,937 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€111,725 | -€113,662 | -€1,937 | -1.7% |
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 9 October 2026 via checked.be.