POLYTRANS
InactiveFinancials · financial year 2025, abbreviated format
Turnover
€3,000▼ 91.9%
2024 · €37,200
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€49,319▼ 408%
2024 · -€9,708
Working capital
€1,483▼ 97.1%
2024 · €50,327
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €49,265 in 2025 against €9,666 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€3,000
2025
Operating result-€49,265
2025
Net result-€49,319
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€4,816
2025
Equity€1,483
2025
Debt€3,332
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1,483
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€36,256-€41,712▲ 15.0%€40,722▼ 2.4%€71,198▲ 74.8%€38,590▼ 45.8%€34,600▼ 10.3%€37,200▲ 7.5%€3,000▼ 91.9%
Operating result-€66,324-€1,142€11,849▲ 937%-€4,372-€21,295▼ 387%-€17,409▲ 18.3%-€9,666▲ 44.5%-€49,265▼ 410%
Net result-€75,061--€5,022▲ 93.3%€17,595-€13,477-€27,596▼ 105%-€13,969▲ 49.4%-€9,708▲ 30.5%-€49,319▼ 408%
Equity€102,980-€97,957▼ 4.9%€115,552▲ 18.0%€102,075▼ 11.7%€74,479▼ 27.0%€60,510▼ 18.8%€50,802▼ 16.0%€1,483▼ 97.1%
Total assets€247,295-€232,347▼ 6.0%€226,015▼ 2.7%€209,088▼ 7.5%€180,576▼ 13.6%€88,559▼ 51.0%€55,177▼ 37.7%€4,816▼ 91.3%
Debt€144,315-€134,390▼ 6.9%€110,463▼ 17.8%€107,014▼ 3.1%€106,097▼ 0.9%€28,049▼ 73.6%€4,375▼ 84.4%€3,332▼ 23.8%
Working capital€107,713-€96,886▼ 10.1%€114,713▲ 18.4%€101,367▼ 11.6%€74,004▼ 27.0%€60,035▼ 18.9%€50,327▼ 16.2%€1,483▼ 97.1%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €4,816
Equity
€1,483 ▼ 97.1%
Debt
€3,332 ▼ 23.8%
Debt's share of the balance-sheet total rises from 7.9% to 69.2%. Equity and debt are lower.
Key figures and ratios
Debt ≤ 1 year
€3,332▼
2024 · €4,375
Ratios withheld: a balance sheet total of €4,816 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €36,256 | €41,712 | €40,722 | €71,198 | €38,590 | €34,600 | €37,200 | €3,000 | ▼ 91.9% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €74,940 | €44,540 | €55,712 | €40,479 | €5,095 | ▼ 87.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €66,066 | €467 | €232 | €232 | €232 | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €14,766 | €30,300 | - | €46,000 | - |
| Other operating charges640/8 | - | - | - | €398 | €348 | €62,712 | €6,387 | €1,170 | ▼ 81.7% |
| Gross operating margin9900 | €89 | €1,956 | €12,429 | -€3,742 | -€5,950 | €75,603 | -€3,279 | -€2,095 | ▲ 36.1% |
| Operating profit (loss)9901 | -€66,324 | €1,142 | €11,849 | -€4,372 | -€21,295 | -€17,409 | -€9,666 | -€49,265 | ▼ 410% |
| Financial income75/76B | - | - | - | €276 | - | €3,482 | - | - | - |
| Recurring financial income75 | €1,222 | €77 | €9,084 | €276 | - | €3,482 | - | - | - |
| Financial charges65/66B | - | - | - | €9,381 | €6,300 | €42 | €42 | €54 | ▲ 28.6% |
| Recurring financial charges65 | €9,960 | €6,242 | €3,338 | €9,381 | €6,300 | €42 | €42 | €54 | ▲ 28.6% |
| Profit (loss) for the period before taxes9903 | -€75,061 | -€5,022 | €17,595 | -€13,477 | -€27,596 | -€13,969 | -€9,708 | -€49,319 | ▼ 408% |
| Profit (loss) for the period9904 | -€75,061 | -€5,022 | €17,595 | -€13,477 | -€27,596 | -€13,969 | -€9,708 | -€49,319 | ▼ 408% |
| Profit (loss) for the period to be appropriated9905 | -€75,061 | -€5,022 | €17,595 | -€13,477 | -€27,596 | -€13,969 | -€9,708 | -€49,319 | ▼ 408% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €247,295 | €232,347 | €226,015 | €209,088 | €180,576 | €88,559 | €55,177 | €4,816 | ▼ 91.3% |
| Fixed assets21/28 | €1,538 | €1,072 | €839 | €707 | €475 | €475 | €475 | - | - |
| Intangible fixed assets21 | €418 | €313 | €209 | €104 | - | - | - | - | - |
| Tangible fixed assets22/27 | €746 | €383 | €256 | €128 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €128 | - | - | - | - | - |
| Financial fixed assets28 | €375 | €375 | €375 | €475 | €475 | €475 | €475 | - | - |
| Current assets29/58 | €245,756 | €231,275 | €225,176 | €208,381 | €180,101 | €88,084 | €54,702 | €4,816 | ▼ 91.2% |
| Stocks and contracts in progress3 | €120,656 | €115,656 | €115,656 | €115,656 | €86,300 | €49,000 | €49,000 | - | - |
| Stocks30/36 | - | - | - | €115,656 | €86,300 | €49,000 | €49,000 | - | - |
| Amounts receivable within one year40/41 | €124,971 | €115,496 | €109,391 | €92,541 | €93,508 | €39,056 | €5,607 | €4,807 | ▼ 14.3% |
| Trade receivables40 | - | - | - | €88,480 | €89,302 | €39,056 | €4,347 | €3,547 | ▼ 18.4% |
| Other amounts receivable41 | - | - | - | €4,062 | €4,206 | - | €1,260 | €1,260 | = |
| Cash at bank and in hand54/58 | €12 | €7 | €129 | €62 | €293 | €28 | €95 | €9 | ▼ 91.0% |
| Deferred charges and accrued income490/1 | - | - | - | €122 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €247,295 | €232,347 | €226,015 | €209,088 | €180,576 | €88,559 | €55,177 | €4,816 | ▼ 91.3% |
| Equity10/15 | €102,980 | €97,957 | €115,552 | €102,075 | €74,479 | €60,510 | €50,802 | €1,483 | ▼ 97.1% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €108,146 | €108,146 | €108,146 | €108,146 | €108,146 | €108,146 | €108,146 | €108,146 | = |
| Non-distributable reserves130/1 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Distributable reserves133 | - | - | - | €101,948 | €101,948 | €101,948 | €101,948 | €101,948 | = |
| Profit (loss) carried forward14 | -€67,139 | -€72,162 | -€54,567 | -€68,044 | -€95,640 | -€109,609 | -€119,317 | -€168,635 | ▼ 41.3% |
| Amounts payable17/49 | €144,315 | €134,390 | €110,463 | €107,014 | €106,097 | €28,049 | €4,375 | €3,332 | ▼ 23.8% |
| Amounts payable after more than one year17 | €6,271 | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €138,044 | €134,390 | €110,463 | €107,014 | €106,097 | €28,049 | €4,375 | €3,332 | ▼ 23.8% |
| Trade debts44 | €108,732 | €106,887 | €94,019 | €97,958 | €104,297 | €23,745 | €2,131 | €3,332 | ▲ 56.4% |
| Suppliers440/4 | - | - | - | €97,958 | €104,297 | €23,745 | €2,131 | €3,332 | ▲ 56.4% |
| Taxes, remuneration and social security45 | - | - | - | €7,016 | €1,800 | €4,304 | €2,244 | - | - |
| Taxes450/3 | - | - | - | €5,916 | €900 | €3,104 | €2,244 | - | - |
| Remuneration and social security454/9 | - | - | - | €1,100 | €900 | €1,200 | - | - | - |
| Other amounts payable47/48 | - | - | - | €2,039 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€75,061 | -€5,022 | €17,595 | -€13,477 | -€27,596 | -€13,969 | -€9,708 | -€49,319 | ▼ 408% |
| + Depreciation and write-downs630 | €66,066 | €467 | €232 | €232 | €232 | - | - | - | - |
| Operating cash flow (approximation) | -€8,996 | -€4,556 | €17,827 | -€13,245 | -€27,364 | -€13,969 | -€9,708 | -€49,319 | ▼ 408% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€100 | €0 | €0 | €0 | - | - |
| Change in cash | - | -€5 | €122 | -€67 | €231 | -€265 | €67 | -€87 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 23-03-2026 | 2026-00060982 |
| 31-12-2024 | abbreviated format | 09-08-2025 | 2025-00370669 |
| 31-12-2023 | abbreviated format | 30-09-2024 | 2024-00492144 |
| 31-12-2022 | abbreviated format | 01-09-2023 | 2023-00419289 |
| 31-12-2021 | abbreviated format | 23-08-2022 | 2022-20312561 |
| 31-12-2020 | full format | 01-09-2021 | 2021-64600573 |
| 31-12-2019 | full format | 18-12-2020 | 2020-76300242 |
| 31-12-2018 | full format | 31-12-2019 | 2019-78100215 |
| 31-12-2017 | full format | 30-09-2018 | 2018-68400416 |
| 31-12-2016 | full format | 30-12-2017 | 2017-73700428 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.