'T POLDERKE: 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.
'T POLDERKE
Largest movements
- Cash -€43,365
down €43,365 (-29.1%), from €148,872 to €105,507
mainly Contributions, distributions and other (-€50,000) and Receivables within one year (-€30,363)
- Receivables within one year +€30,363
up €30,363 (+81.9%), from €37,064 to €67,427
of which Other amounts receivable: +€30,034
- Tangible fixed assets -€5,522
down €5,522 (-10.2%), from €53,969 to €48,446
of which Other tangible fixed assets: -€3,936
- Reserves -€50,000
down €50,000 (-27.2%), from €183,993 to €133,993
- Other debts +€32,550
up €32,550 (+126%), from €25,850 to €58,400
- Profit (loss) carried forward -€2,844
down €2,844 (-10.4%), from -€27,326 to -€30,170
- Trade debts -€2,550
down €2,550 (-7.9%), from €32,445 to €29,895
- Current portion of long-term debt +€2,475
up €2,475 (+11.5%), from €21,553 to €24,028
- Gross operating margin +€37,919
up €37,919 (+23.7%), from €160,304 to €198,223
- Staff costs +€12,962
up €12,962 (+7.4%), from €175,694 to €188,656
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 | €245,350 | €227,133 | -€18,216 | -7.4% |
| Fixed assets | 21/28 | €53,969 | €48,446 | -€5,522 | -10.2% |
| Tangible fixed assets | 22/27 | €53,969 | €48,446 | -€5,522 | -10.2% |
| Plant, machinery and equipment | 23 | €6,915 | €5,251 | -€1,664 | -24.1% |
| Furniture and vehicles | 24 | €2,836 | €2,914 | +€78 | +2.7% |
| Other tangible fixed assets | 26 | €44,218 | €40,282 | -€3,936 | -8.9% |
| Current assets | 29/58 | €191,381 | €178,687 | -€12,694 | -6.6% |
| Amounts receivable within one year | 40/41 | €37,064 | €67,427 | +€30,363 | +81.9% |
| Trade receivables | 40 | €6,399 | €6,729 | +€329 | +5.1% |
| Other amounts receivable | 41 | €30,665 | €60,699 | +€30,034 | +97.9% |
| Cash at bank and in hand | 54/58 | €148,872 | €105,507 | -€43,365 | -29.1% |
| Deferred charges and accrued income | 490/1 | €5,444 | €5,752 | +€308 | +5.7% |
| Total equity and liabilities | 10/49 | €245,350 | €227,133 | -€18,216 | -7.4% |
| Equity | 10/15 | €157,417 | €104,573 | -€52,844 | -33.6% |
| Contributions | 10/11 | €750 | €750 | = | 0.0% |
| Reserves | 13 | €183,993 | €133,993 | -€50,000 | -27.2% |
| Distributable reserves | 133 | €183,993 | €133,993 | -€50,000 | -27.2% |
| Profit (loss) carried forward | 14 | -€27,326 | -€30,170 | -€2,844 | -10.4% |
| Amounts payable | 17/49 | €87,933 | €122,561 | +€34,627 | +39.4% |
| Amounts payable within one year | 42/48 | €87,933 | €122,561 | +€34,627 | +39.4% |
| Current portion of amounts payable after more than one year | 42 | €21,553 | €24,028 | +€2,475 | +11.5% |
| Trade debts | 44 | €32,445 | €29,895 | -€2,550 | -7.9% |
| Suppliers | 440/4 | €32,445 | €29,895 | -€2,550 | -7.9% |
| Taxes, remuneration and social security | 45 | €8,085 | €10,238 | +€2,153 | +26.6% |
| Remuneration and social security | 454/9 | €8,085 | €10,238 | +€2,153 | +26.6% |
| Other amounts payable | 47/48 | €25,850 | €58,400 | +€32,550 | +126% |
| Remuneration, social security and pensions | 62 | €175,694 | €188,656 | +€12,962 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,828 | €9,499 | +€671 | +7.6% |
| Other operating charges | 640/8 | €398 | €409 | +€11 | +2.9% |
| Gross operating margin | 9900 | €160,304 | €198,223 | +€37,919 | +23.7% |
| Operating profit (loss) | 9901 | -€24,615 | -€341 | +€24,275 | +98.6% |
| Financial income | 75/76B | €24 | €0 | -€24 | -100% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -100% |
| Financial charges | 65/66B | €2,471 | €2,256 | -€215 | -8.7% |
| Recurring financial charges | 65 | €2,471 | €2,256 | -€215 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,062 | -€2,597 | +€24,465 | +90.4% |
| Income taxes | 67/77 | €264 | €247 | -€17 | -6.4% |
| Profit (loss) for the period | 9904 | -€27,326 | -€2,844 | +€24,482 | +89.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,326 | -€2,844 | +€24,482 | +89.6% |
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 31 October 2026 via checked.be.