POLTER: 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.
POLTER
Largest movements
- Deferred charges and accrued income +€42,774
up €42,774 (+19.8%), from €216,398 to €259,172
- Cash +€11,635
up €11,635 (+1009.4%), from €1,153 to €12,788
mainly Debts after one year (+€50,000) and Short-term financial debts (+€50,000)
- Receivables within one year +€9,402
up €9,402 (+37.6%), from €25,023 to €34,426
of which Other amounts receivable: +€9,402
- Debts after one year +€50,000
up €50,000 (+22.2%), from €225,000 to €275,000
- Short-term financial debts +€50,000
up €50,000 (+40.0%), from €125,000 to €175,000
- Profit (loss) carried forward -€19,181
down €19,181 (-32.8%), from -€58,568 to -€77,749
- Trade debts -€14,576
down €14,576 (-24.1%), from €60,514 to €45,938
- Gross operating margin -€3,747
down €3,747 (-55.9%), from -€6,703 to -€10,450
- Depreciation +€1,683
up €1,683 (+30.7%), from €5,484 to €7,167
- Other operating charges -€271
down €271 (-17.3%), from €1,563 to €1,292
- Financial income -€113
down €113 (-13.1%), from €869 to €756
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 | €359,841 | €424,027 | +€64,185 | +17.8% |
| Fixed assets | 21/28 | €107,073 | €107,447 | +€374 | +0.3% |
| Tangible fixed assets | 22/27 | €106,573 | €107,447 | +€874 | +0.8% |
| Furniture and vehicles | 24 | €7,381 | €11,111 | +€3,730 | +50.5% |
| Other tangible fixed assets | 26 | €99,192 | €96,336 | -€2,856 | -2.9% |
| Financial fixed assets | 28 | €500 | €0 | -€500 | -100.0% |
| Current assets | 29/58 | €252,768 | €316,580 | +€63,812 | +25.2% |
| Stocks and contracts in progress | 3 | €10,194 | €10,194 | = | 0.0% |
| Stocks | 30/36 | €10,194 | €10,194 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,023 | €34,426 | +€9,402 | +37.6% |
| Trade receivables | 40 | €6,189 | €6,189 | = | 0.0% |
| Other amounts receivable | 41 | €18,835 | €28,237 | +€9,402 | +49.9% |
| Cash at bank and in hand | 54/58 | €1,153 | €12,788 | +€11,635 | +1009.4% |
| Deferred charges and accrued income | 490/1 | €216,398 | €259,172 | +€42,774 | +19.8% |
| Total equity and liabilities | 10/49 | €359,841 | €424,027 | +€64,185 | +17.8% |
| Equity | 10/15 | -€53,568 | -€72,749 | -€19,181 | -35.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,568 | -€77,749 | -€19,181 | -32.8% |
| Amounts payable | 17/49 | €413,409 | €496,776 | +€83,367 | +20.2% |
| Amounts payable after more than one year | 17 | €225,000 | €275,000 | +€50,000 | +22.2% |
| Financial debts | 170/4 | €225,000 | €275,000 | +€50,000 | +22.2% |
| Amounts payable within one year | 42/48 | €186,323 | €221,401 | +€35,078 | +18.8% |
| Financial debts | 43 | €125,000 | €175,000 | +€50,000 | +40.0% |
| Credit institutions | 430/8 | €125,000 | €175,000 | +€50,000 | +40.0% |
| Trade debts | 44 | €60,514 | €45,938 | -€14,576 | -24.1% |
| Suppliers | 440/4 | €60,514 | €45,938 | -€14,576 | -24.1% |
| Taxes, remuneration and social security | 45 | €809 | €463 | -€346 | -42.8% |
| Taxes | 450/3 | €809 | €463 | -€346 | -42.8% |
| Accrued charges and deferred income | 492/3 | €2,087 | €375 | -€1,712 | -82.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,484 | €7,167 | +€1,683 | +30.7% |
| Other operating charges | 640/8 | €1,563 | €1,292 | -€271 | -17.3% |
| Gross operating margin | 9900 | -€6,703 | -€10,450 | -€3,747 | -55.9% |
| Operating profit (loss) | 9901 | -€13,750 | -€18,909 | -€5,159 | -37.5% |
| Financial income | 75/76B | €869 | €756 | -€113 | -13.1% |
| Recurring financial income | 75 | €869 | €756 | -€113 | -13.1% |
| Financial charges | 65/66B | €828 | €852 | +€24 | +2.9% |
| Recurring financial charges | 65 | €828 | €852 | +€24 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,709 | -€19,005 | -€5,296 | -38.6% |
| Income taxes | 67/77 | €140 | €176 | +€37 | +26.2% |
| Profit (loss) for the period | 9904 | -€13,849 | -€19,181 | -€5,333 | -38.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,849 | -€19,181 | -€5,333 | -38.5% |
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 29 September 2026 via checked.be.