POLLET: 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.
What changed
POLLET
NACE 20.411, Manufacture of chemicals and chemical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €1.0m+€14,244
Equity
€5.3m
2024 · €3.7m+€1.6m
Cash
€1.1m
2024 · €524,989+€557,300
Balance sheet total
€9.7m
2024 · €8.4m+€1.3m
Largest movements
Assets
- Tangible fixed assets +€1.5m
up €1.5m (+71.7%), from €2.1m to €3.6m
of which Land and buildings: +€1.2m
- Receivables within one year -€571,457
down €571,457 (-18.6%), from €3.1m to €2.5m
of which Other amounts receivable: -€531,601
- Cash +€557,300
up €557,300 (+106.2%), from €524,989 to €1.1m
mainly Net result for the year (+€1.0m) and Depreciation (+€626,812)
- Current investments -€100,000
down €100,000 (-16.7%), from €600,000 to €500,000
Equity and liabilities
- Revaluation surpluses +€1.2m
new in 2025: €1.2m
- Reserves +€418,616
up €418,616 (+24.2%), from €1.7m to €2.1m
of which Distributable reserves: +€418,616
- Trade debts -€237,122
down €237,122 (-13.0%), from €1.8m to €1.6m
- Tax, wage and social debts +€216,681
up €216,681 (+49.9%), from €434,592 to €651,273
of which Remuneration and social security: +€185,258
- Debts after one year -€193,937
down €193,937 (-16.4%), from €1.2m to €990,146
of which Other amounts payable: -€99,658
Income statement
- Services and other goods -€388,407
down €388,407 (-14.1%), from €2.8m to €2.4m
- Staff costs +€288,070
up €288,070 (+10.2%), from €2.8m to €3.1m
- Other operating income +€228,553
up €228,553 (+41.5%), from €551,285 to €779,838
- Goods and materials +€179,453
up €179,453 (+4.0%), from €4.5m to €4.7m
of which Purchases: +€369,449
- Turnover -€157,739
down €157,739 (-1.4%), from €11.2m to €11.1m
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.
Result 2024
€1.0m
Turnover
-€157,739
Other operating income
+€228,553
Goods and materials
-€179,453
Services and other goods
+€388,407
Staff costs
-€288,070
Depreciation
+€19,072
Write-downs
-€17,624
Provisions
+€10,077
Other operating charges
+€88
Other operating items
+€38,003
Financial income
-€10,380
Financial charges
+€6,984
Taxes
-€23,673
Result 2025
€1.0m
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.
From operations
+€2.1m
Investment
-€2.0m
Financing
+€391,020
Cash 2024
€524,989
From operations (derived)
+€2.1m
Net result for the year
+€1.0m
Depreciation
+€626,812
Stocks and contracts
-€47,184
Receivables within one year
+€571,457
Deferred charges and accrued income
+€27,329
Provisions
+€43,720
Trade debts
-€237,122
Tax, wage and social debts
+€216,681
Other debts
-€11,302
Accrued charges and deferred income
-€111,776
Investment (derived)
-€2.0m
Investment in fixed assets (net)
-€2.1m
Current investments
+€100,000
Financing
+€391,020
Debts after one year
-€193,937
Current portion of long-term debt
+€11,325
Contributions, distributions and other
+€573,632
Cash 2025
€1.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,351,855 | €9,689,618 | +€1.3m | +16.0% |
| Fixed assets | 21/28 | €2,473,037 | €3,905,102 | +€1.4m | +57.9% |
| Intangible fixed assets | 21 | €282,996 | €205,006 | -€77,990 | -27.6% |
| Tangible fixed assets | 22/27 | €2,104,892 | €3,614,947 | +€1.5m | +71.7% |
| Land and buildings | 22 | €736,697 | €1,902,049 | +€1.2m | +158.2% |
| Plant, machinery and equipment | 23 | €644,371 | €574,152 | -€70,219 | -10.9% |
| Furniture and vehicles | 24 | €637,748 | €475,256 | -€162,493 | -25.5% |
| Assets under construction and advance payments | 27 | €86,076 | €663,491 | +€577,414 | +670.8% |
| Financial fixed assets | 28 | €85,149 | €85,149 | = | 0.0% |
| Affiliated companies | 280/1 | €83,149 | €83,149 | = | 0.0% |
| Participating interests | 280 | €83,149 | €83,149 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €5,878,818 | €5,784,516 | -€94,302 | -1.6% |
| Stocks and contracts in progress | 3 | €1,357,610 | €1,404,795 | +€47,184 | +3.5% |
| Stocks | 30/36 | €1,357,610 | €1,404,795 | +€47,184 | +3.5% |
| Raw materials and consumables | 30/31 | €781,973 | €805,138 | +€23,165 | +3.0% |
| Finished goods | 33 | €386,988 | €386,747 | -€241 | -0.1% |
| Goods purchased for resale | 34 | €188,649 | €212,910 | +€24,261 | +12.9% |
| Amounts receivable within one year | 40/41 | €3,075,339 | €2,503,882 | -€571,457 | -18.6% |
| Trade receivables | 40 | €2,376,688 | €2,336,832 | -€39,856 | -1.7% |
| Other amounts receivable | 41 | €698,651 | €167,050 | -€531,601 | -76.1% |
| Current investments | 50/53 | €600,000 | €500,000 | -€100,000 | -16.7% |
| Other investments | 51/53 | €600,000 | €500,000 | -€100,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €524,989 | €1,082,289 | +€557,300 | +106.2% |
| Deferred charges and accrued income | 490/1 | €320,880 | €293,551 | -€27,329 | -8.5% |
| Total equity and liabilities | 10/49 | €8,351,855 | €9,689,618 | +€1.3m | +16.0% |
| Equity | 10/15 | €3,687,329 | €5,307,503 | +€1.6m | +43.9% |
| Contributions | 10/11 | €1,850,000 | €1,850,000 | = | 0.0% |
| Capital | 10 | €1,850,000 | €1,850,000 | = | 0.0% |
| Issued capital | 100 | €1,850,000 | €1,850,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €1,200,000 | +€1.2m | |
| Reserves | 13 | €1,730,914 | €2,149,530 | +€418,616 | +24.2% |
| Non-distributable reserves | 130/1 | €185,000 | €185,000 | = | 0.0% |
| Legal reserve | 130 | €185,000 | €185,000 | = | 0.0% |
| Distributable reserves | 133 | €1,545,914 | €1,964,530 | +€418,616 | +27.1% |
| Investment grants | 15 | €106,416 | €107,973 | +€1,557 | +1.5% |
| Provisions and deferred taxes | 16 | €68,330 | €112,050 | +€43,720 | +64.0% |
| Provisions for liabilities and charges | 160/5 | €68,330 | €112,050 | +€43,720 | +64.0% |
| Other liabilities and charges | 164/5 | €68,330 | €112,050 | +€43,720 | +64.0% |
| Amounts payable | 17/49 | €4,596,196 | €4,270,066 | -€326,130 | -7.1% |
| Amounts payable after more than one year | 17 | €1,184,083 | €990,146 | -€193,937 | -16.4% |
| Financial debts | 170/4 | €1,009,102 | €914,823 | -€94,279 | -9.3% |
| Credit institutions | 173 | €1,009,102 | €914,823 | -€94,279 | -9.3% |
| Other amounts payable | 178/9 | €174,981 | €75,324 | -€99,658 | -57.0% |
| Amounts payable within one year | 42/48 | €3,209,689 | €3,189,272 | -€20,417 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €316,276 | €327,601 | +€11,325 | +3.6% |
| Trade debts | 44 | €1,819,595 | €1,582,473 | -€237,122 | -13.0% |
| Suppliers | 440/4 | €1,819,595 | €1,582,473 | -€237,122 | -13.0% |
| Taxes, remuneration and social security | 45 | €434,592 | €651,273 | +€216,681 | +49.9% |
| Taxes | 450/3 | €57,354 | €88,777 | +€31,422 | +54.8% |
| Remuneration and social security | 454/9 | €377,237 | €562,496 | +€185,258 | +49.1% |
| Other amounts payable | 47/48 | €639,226 | €627,925 | -€11,302 | -1.8% |
| Accrued charges and deferred income | 492/3 | €202,424 | €90,648 | -€111,776 | -55.2% |
| Operating income | 70/76A | €11,841,910 | €11,946,469 | +€104,558 | +0.9% |
| Turnover | 70 | €11,249,836 | €11,092,097 | -€157,739 | -1.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€56,322 | -€241 | +€56,081 | +99.6% |
| Own construction capitalised | 72 | €97,112 | €74,775 | -€22,337 | -23.0% |
| Other operating income | 74 | €551,285 | €779,838 | +€228,553 | +41.5% |
| Operating charges | 60/66A | €10,807,952 | €10,871,197 | +€63,245 | +0.6% |
| Goods for resale, raw materials and consumables | 60 | €4,473,740 | €4,653,193 | +€179,453 | +4.0% |
| Purchases | 600/8 | €4,348,751 | €4,718,200 | +€369,449 | +8.5% |
| Change in stocks: decrease (increase) | 609 | €124,989 | -€65,007 | -€189,996 | |
| Services and other goods | 61 | €2,760,399 | €2,371,991 | -€388,407 | -14.1% |
| Remuneration, social security and pensions | 62 | €2,821,343 | €3,109,413 | +€288,070 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €645,883 | €626,812 | -€19,072 | -3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€48 | €17,576 | +€17,624 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €53,797 | €43,720 | -€10,077 | -18.7% |
| Other operating charges | 640/8 | €48,579 | €48,492 | -€88 | -0.2% |
| Non-recurring operating charges | 66A | €4,259 | €0 | -€4,259 | -100.0% |
| Operating profit (loss) | 9901 | €1,033,958 | €1,075,272 | +€41,313 | +4.0% |
| Financial income | 75/76B | €248,272 | €237,892 | -€10,380 | -4.2% |
| Recurring financial income | 75 | €248,272 | €237,892 | -€10,380 | -4.2% |
| Income from financial fixed assets | 750 | €204,150 | €188,200 | -€15,950 | -7.8% |
| Income from current assets | 751 | €24,905 | €18,286 | -€6,619 | -26.6% |
| Other financial income | 752/9 | €19,217 | €31,406 | +€12,189 | +63.4% |
| Financial charges | 65/66B | €34,733 | €27,749 | -€6,984 | -20.1% |
| Recurring financial charges | 65 | €34,733 | €27,749 | -€6,984 | -20.1% |
| Debt charges | 650 | €25,987 | €22,922 | -€3,065 | -11.8% |
| Other financial charges | 652/9 | €8,746 | €4,827 | -€3,919 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €1,247,498 | €1,285,415 | +€37,917 | +3.0% |
| Income taxes | 67/77 | €215,201 | €238,874 | +€23,673 | +11.0% |
| Taxes | 670/3 | €270,011 | €252,159 | -€17,852 | -6.6% |
| Tax adjustments and reversals of tax provisions | 77 | €54,810 | €13,285 | -€41,525 | -75.8% |
| Profit (loss) for the period | 9904 | €1,032,297 | €1,046,541 | +€14,244 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,032,297 | €1,046,541 | +€14,244 | +1.4% |
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.