POLLY: 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.
POLLY
Largest movements
- Cash +€20,013
up €20,013 (+127.3%), from €15,717 to €35,730
mainly Net result for the year (+€65,144) and Depreciation (+€51,557)
- Tangible fixed assets -€17,426
down €17,426 (-3.2%), from €539,557 to €522,131
- Receivables within one year -€11,199
down €11,199 (-16.6%), from €67,414 to €56,215
of which Other amounts receivable: -€6,494
- Other debts -€129,800
down €129,800 (-85.9%), from €151,104 to €21,303
- Reserves +€65,144
up €65,144 (+40.4%), from €161,131 to €226,275
of which Distributable reserves: +€65,144
- Trade debts +€44,592
up €44,592 (+142.2%), from €31,354 to €75,947
- Short-term financial debts +€33,423
up €33,423, from €0 to €33,423
- Debts after one year -€17,148
down €17,148 (-7.4%), from €231,890 to €214,742
- Gross operating margin +€102,055
up €102,055 (+28.6%), from €357,323 to €459,379
- Staff costs +€31,537
up €31,537 (+11.7%), from €270,244 to €301,781
- Depreciation +€28,216
up €28,216 (+120.9%), from €23,341 to €51,557
- Taxes +€12,980
up €12,980 (+102.7%), from €12,636 to €25,616
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 | €646,725 | €639,234 | -€7,491 | -1.2% |
| Fixed assets | 21/28 | €539,557 | €522,131 | -€17,426 | -3.2% |
| Tangible fixed assets | 22/27 | €539,557 | €522,131 | -€17,426 | -3.2% |
| Land and buildings | 22 | €359,233 | €352,416 | -€6,817 | -1.9% |
| Plant, machinery and equipment | 23 | €4,545 | €3,271 | -€1,274 | -28.0% |
| Furniture and vehicles | 24 | €4,300 | €2,309 | -€1,991 | -46.3% |
| Other tangible fixed assets | 26 | €171,479 | €164,135 | -€7,343 | -4.3% |
| Current assets | 29/58 | €107,168 | €117,103 | +€9,935 | +9.3% |
| Stocks and contracts in progress | 3 | €19,770 | €21,111 | +€1,340 | +6.8% |
| Stocks | 30/36 | €19,770 | €21,111 | +€1,340 | +6.8% |
| Amounts receivable within one year | 40/41 | €67,414 | €56,215 | -€11,199 | -16.6% |
| Trade receivables | 40 | €17,861 | €13,157 | -€4,705 | -26.3% |
| Other amounts receivable | 41 | €49,552 | €43,058 | -€6,494 | -13.1% |
| Cash at bank and in hand | 54/58 | €15,717 | €35,730 | +€20,013 | +127.3% |
| Deferred charges and accrued income | 490/1 | €4,267 | €4,047 | -€220 | -5.1% |
| Total equity and liabilities | 10/49 | €646,725 | €639,234 | -€7,491 | -1.2% |
| Equity | 10/15 | €177,826 | €242,970 | +€65,144 | +36.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €161,131 | €226,275 | +€65,144 | +40.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €159,276 | €224,420 | +€65,144 | +40.9% |
| Profit (loss) carried forward | 14 | -€1,855 | -€1,855 | = | 0.0% |
| Amounts payable | 17/49 | €468,899 | €396,264 | -€72,635 | -15.5% |
| Amounts payable after more than one year | 17 | €231,890 | €214,742 | -€17,148 | -7.4% |
| Financial debts | 170/4 | €231,890 | €214,742 | -€17,148 | -7.4% |
| Amounts payable within one year | 42/48 | €233,245 | €181,522 | -€51,723 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | €16,810 | €17,148 | +€338 | +2.0% |
| Financial debts | 43 | €0 | €33,423 | +€33,423 | |
| Credit institutions | 430/8 | €0 | €33,423 | +€33,423 | |
| Trade debts | 44 | €31,354 | €75,947 | +€44,592 | +142.2% |
| Suppliers | 440/4 | €31,354 | €75,947 | +€44,592 | +142.2% |
| Taxes, remuneration and social security | 45 | €33,977 | €33,702 | -€275 | -0.8% |
| Taxes | 450/3 | €3,025 | €1,921 | -€1,104 | -36.5% |
| Remuneration and social security | 454/9 | €30,951 | €31,781 | +€829 | +2.7% |
| Other amounts payable | 47/48 | €151,104 | €21,303 | -€129,800 | -85.9% |
| Accrued charges and deferred income | 492/3 | €3,765 | €0 | -€3,765 | -100.0% |
| Remuneration, social security and pensions | 62 | €270,244 | €301,781 | +€31,537 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,341 | €51,557 | +€28,216 | +120.9% |
| Other operating charges | 640/8 | €4,968 | €9,116 | +€4,148 | +83.5% |
| Gross operating margin | 9900 | €357,323 | €459,379 | +€102,055 | +28.6% |
| Operating profit (loss) | 9901 | €58,771 | €96,925 | +€38,154 | +64.9% |
| Financial income | 75/76B | €1,328 | €210 | -€1,118 | -84.2% |
| Recurring financial income | 75 | €1,328 | €210 | -€1,118 | -84.2% |
| Financial charges | 65/66B | €9,151 | €6,374 | -€2,777 | -30.3% |
| Recurring financial charges | 65 | €9,151 | €6,374 | -€2,777 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €50,948 | €90,760 | +€39,813 | +78.1% |
| Income taxes | 67/77 | €12,636 | €25,616 | +€12,980 | +102.7% |
| Profit (loss) for the period | 9904 | €38,312 | €65,144 | +€26,832 | +70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,312 | €65,144 | +€26,832 | +70.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.