POLLET STEVE: 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.
POLLET STEVE
Largest movements
- Cash +€85,775
up €85,775 (+91.6%), from €93,649 to €179,424
mainly Receivables within one year (+€46,122) and Net result for the year (+€24,676)
- Receivables within one year -€46,122
down €46,122 (-34.9%), from €132,298 to €86,177
of which Trade receivables: -€65,527
- Tangible fixed assets -€22,522
down €22,522 (-56.5%), from €39,853 to €17,331
of which Furniture and vehicles: -€14,886
- Reserves +€24,676
up €24,676 (+24.6%), from €100,230 to €124,906
of which Distributable reserves: +€24,676
- Debts after one year -€12,158
down €12,158 (-85.7%), from €14,193 to €2,035
- Trade debts +€11,265
up €11,265 (+21.6%), from €52,061 to €63,326
- Other debts -€6,402
down €6,402 (-26.6%), from €24,032 to €17,631
- Gross operating margin +€25,365
up €25,365 (+102.6%), from €24,731 to €50,096
- Depreciation -€10,193
down €10,193 (-31.2%), from €32,715 to €22,522
- Taxes +€2,456
up €2,456 (+481.5%), from €510 to €2,966
- Financial income +€1,500
up €1,500 (+1596.0%), from €94 to €1,594
- Financial charges -€959
down €959 (-65.4%), from €1,467 to €508
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 | €275,836 | €293,133 | +€17,297 | +6.3% |
| Fixed assets | 21/28 | €40,216 | €17,694 | -€22,522 | -56.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €39,853 | €17,331 | -€22,522 | -56.5% |
| Plant, machinery and equipment | 23 | €8,148 | €512 | -€7,636 | -93.7% |
| Furniture and vehicles | 24 | €31,705 | €16,819 | -€14,886 | -47.0% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €235,620 | €275,439 | +€39,819 | +16.9% |
| Stocks and contracts in progress | 3 | €6,000 | €6,000 | = | 0.0% |
| Stocks | 30/36 | €6,000 | €6,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €132,298 | €86,177 | -€46,122 | -34.9% |
| Trade receivables | 40 | €132,298 | €66,771 | -€65,527 | -49.5% |
| Other amounts receivable | 41 | €0 | €19,405 | +€19,405 | |
| Cash at bank and in hand | 54/58 | €93,649 | €179,424 | +€85,775 | +91.6% |
| Deferred charges and accrued income | 490/1 | €3,672 | €3,838 | +€166 | +4.5% |
| Total equity and liabilities | 10/49 | €275,836 | €293,133 | +€17,297 | +6.3% |
| Equity | 10/15 | €170,339 | €195,015 | +€24,676 | +14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,230 | €124,906 | +€24,676 | +24.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €100,230 | €124,906 | +€24,676 | +24.6% |
| Profit (loss) carried forward | 14 | €51,509 | €51,509 | = | 0.0% |
| Amounts payable | 17/49 | €105,497 | €98,117 | -€7,379 | -7.0% |
| Amounts payable after more than one year | 17 | €14,193 | €2,035 | -€12,158 | -85.7% |
| Financial debts | 170/4 | €14,193 | €2,035 | -€12,158 | -85.7% |
| Amounts payable within one year | 42/48 | €89,242 | €96,082 | +€6,841 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €12,071 | €12,158 | +€87 | +0.7% |
| Trade debts | 44 | €52,061 | €63,326 | +€11,265 | +21.6% |
| Suppliers | 440/4 | €52,061 | €63,326 | +€11,265 | +21.6% |
| Taxes, remuneration and social security | 45 | €1,077 | €2,968 | +€1,890 | +175.4% |
| Taxes | 450/3 | €1,077 | €2,968 | +€1,890 | +175.4% |
| Other amounts payable | 47/48 | €24,032 | €17,631 | -€6,402 | -26.6% |
| Accrued charges and deferred income | 492/3 | €2,062 | €0 | -€2,062 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,715 | €22,522 | -€10,193 | -31.2% |
| Other operating charges | 640/8 | €1,084 | €1,017 | -€67 | -6.2% |
| Gross operating margin | 9900 | €24,731 | €50,096 | +€25,365 | +102.6% |
| Operating profit (loss) | 9901 | -€9,068 | €26,557 | +€35,625 | |
| Financial income | 75/76B | €94 | €1,594 | +€1,500 | +1596.0% |
| Recurring financial income | 75 | €94 | €1,594 | +€1,500 | +1596.0% |
| Financial charges | 65/66B | €1,467 | €508 | -€959 | -65.4% |
| Recurring financial charges | 65 | €1,467 | €508 | -€959 | -65.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,441 | €27,643 | +€38,083 | |
| Income taxes | 67/77 | €510 | €2,966 | +€2,456 | +481.5% |
| Profit (loss) for the period | 9904 | -€10,951 | €24,676 | +€35,627 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,951 | €24,676 | +€35,627 |
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.