POLNET: 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.
POLNET
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Turnover -€101,968
down €101,968 (-43.1%), from €236,797 to €134,829
- Purchases and services -€100,084
down €100,084 (-45.6%), from €219,633 to €119,549
- Financial charges +€4,748
up €4,748 (+308%), from €1,542 to €6,290
of which Non-recurring financial charges: +€4,874
- Other operating charges -€3,953
down €3,953 (-64.0%), from €6,174 to €2,221
- Taxes -€3,148
down €3,148 (-34.7%), from €9,076 to €5,927
From the 31-03-2024 result to the 31-12-2024 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.
Derived cash bridge
Derived from the 31-03-2024 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-03-2024 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,874 | €139,639 | +€765 | +0.6% |
| Fixed assets | 21/28 | €19 | €19 | = | 0.0% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €138,856 | €139,620 | +€765 | +0.6% |
| Amounts receivable within one year | 40/41 | €124,339 | €125,648 | +€1,309 | +1.1% |
| Trade receivables | 40 | €110,720 | €109,739 | -€981 | -0.9% |
| Other amounts receivable | 41 | €13,619 | €15,910 | +€2,290 | +16.8% |
| Cash at bank and in hand | 54/58 | €14,516 | €13,972 | -€544 | -3.8% |
| Total equity and liabilities | 10/49 | €138,874 | €139,639 | +€765 | +0.6% |
| Equity | 10/15 | €132,002 | €133,138 | +€1,136 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,542 | €112,678 | +€1,136 | +1.0% |
| Amounts payable | 17/49 | €6,872 | €6,500 | -€372 | -5.4% |
| Amounts payable within one year | 42/48 | €6,872 | €6,500 | -€372 | -5.4% |
| Trade debts | 44 | €567 | €194 | -€372 | -65.7% |
| Suppliers | 440/4 | €567 | €194 | -€372 | -65.7% |
| Taxes, remuneration and social security | 45 | €6,170 | €5,985 | -€185 | -3.0% |
| Taxes | 450/3 | €2,592 | €2,579 | -€13 | -0.5% |
| Remuneration and social security | 454/9 | €3,578 | €3,406 | -€172 | -4.8% |
| Other amounts payable | 47/48 | €135 | €321 | +€186 | +137% |
| Turnover | 70 | €236,797 | €134,829 | -€101,968 | -43.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €219,633 | €119,549 | -€100,084 | -45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,751 | - | -€2,751 | |
| Other operating charges | 640/8 | €6,174 | €2,221 | -€3,953 | -64.0% |
| Gross operating margin | 9900 | €17,165 | €15,280 | -€1,884 | -11.0% |
| Operating profit (loss) | 9901 | €8,239 | €13,059 | +€4,820 | +58.5% |
| Financial income | 75/76B | €64 | €295 | +€231 | +360% |
| Recurring financial income | 75 | €64 | €0 | -€64 | -99.8% |
| Non-recurring financial income | 76B | - | €295 | +€295 | |
| Financial charges | 65/66B | €1,542 | €6,290 | +€4,748 | +308% |
| Recurring financial charges | 65 | €346 | €220 | -€126 | -36.4% |
| Non-recurring financial charges | 66B | €1,197 | €6,070 | +€4,874 | +407% |
| Profit (loss) for the period before taxes | 9903 | €6,761 | €7,064 | +€302 | +4.5% |
| Income taxes | 67/77 | €9,076 | €5,927 | -€3,148 | -34.7% |
| Profit (loss) for the period | 9904 | -€2,314 | €1,136 | +€3,451 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,314 | €1,136 | +€3,451 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.