POLO TEAM: 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.
POLO TEAM
Largest movements
- Receivables within one year +€1,650
up €1,650 (+7.1%), from €23,398 to €25,048
- Profit (loss) carried forward +€1,591
up €1,591 (+72.2%), from €2,205 to €3,796
- Financial income +€2,203
new in 2025: €2,203
- Gross operating margin +€769
up €769 (+74.0%), from -€1,038 to -€269
- Purchases and services -€769
down €769 (-74.0%), from €1,038 to €269
- Other operating charges -€118
no longer reported in 2025 (was €118)
- Financial charges -€51
down €51 (-12.9%), from €393 to €342
of which Non-recurring financial charges: -€51
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.
Derived cash bridge
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 | €23,502 | €25,094 | +€1,591 | +6.8% |
| Current assets | 29/58 | €23,502 | €25,094 | +€1,591 | +6.8% |
| Amounts receivable within one year | 40/41 | €23,398 | €25,048 | +€1,650 | +7.1% |
| Other amounts receivable | 41 | €23,398 | €25,048 | +€1,650 | +7.1% |
| Cash at bank and in hand | 54/58 | €104 | €46 | -€58 | -55.9% |
| Total equity and liabilities | 10/49 | €23,502 | €25,094 | +€1,591 | +6.8% |
| Equity | 10/15 | €20,805 | €22,396 | +€1,591 | +7.6% |
| 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% |
| Profit (loss) carried forward | 14 | €2,205 | €3,796 | +€1,591 | +72.2% |
| Amounts payable | 17/49 | €2,697 | €2,697 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,697 | €2,697 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,697 | €2,697 | = | 0.0% |
| Taxes | 450/3 | €2,697 | €2,697 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,038 | €269 | -€769 | -74.0% |
| Other operating charges | 640/8 | €118 | - | -€118 | |
| Gross operating margin | 9900 | -€1,038 | -€269 | +€769 | +74.0% |
| Operating profit (loss) | 9901 | -€1,156 | -€269 | +€887 | +76.7% |
| Financial income | 75/76B | - | €2,203 | +€2,203 | |
| Recurring financial income | 75 | - | €2,203 | +€2,203 | |
| Financial charges | 65/66B | €393 | €342 | -€51 | -12.9% |
| Recurring financial charges | 65 | €153 | €153 | = | 0.0% |
| Non-recurring financial charges | 66B | €239 | €189 | -€51 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,549 | €1,591 | +€3,140 | |
| Profit (loss) for the period | 9904 | -€1,549 | €1,591 | +€3,140 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,549 | €1,591 | +€3,140 |
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 15 October 2026 via checked.be.