ARBACH - POLYSEMIE: 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.
ARBACH - POLYSEMIE
Largest movements
- Cash -€2,437
down €2,437 (-4.6%), from €52,530 to €50,093
mainly Other debts (-€4,594) and Deferred charges and accrued income (-€95)
- Other debts -€4,594
down €4,594 (-4.9%), from €94,451 to €89,857
- Profit (loss) carried forward +€1,338
up €1,338 (+46.0%), from €2,910 to €4,248
- Financial charges +€9,020
up €9,020, from -€8,798 to €222
- Financial income +€2,928
up €2,928 (+244%), from €1,201 to €4,129
- Gross operating margin +€680
up €680 (+30.4%), from -€2,235 to -€1,555
- Taxes +€217
new in 2025: €217
- Depreciation -€88
down €88 (-46.3%), from €190 to €102
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 | €105,578 | €102,811 | -€2,767 | -2.6% |
| Fixed assets | 21/28 | €102 | - | -€102 | |
| Tangible fixed assets | 22/27 | €102 | - | -€102 | |
| Furniture and vehicles | 24 | €102 | - | -€102 | |
| Current assets | 29/58 | €105,476 | €102,811 | -€2,665 | -2.5% |
| Amounts receivable within one year | 40/41 | €479 | €122 | -€357 | -74.5% |
| Other amounts receivable | 41 | €479 | €122 | -€357 | -74.5% |
| Current investments | 50/53 | €52,467 | €52,501 | +€34 | +0.1% |
| Cash at bank and in hand | 54/58 | €52,530 | €50,093 | -€2,437 | -4.6% |
| Deferred charges and accrued income | 490/1 | - | €95 | +€95 | |
| Total equity and liabilities | 10/49 | €105,578 | €102,811 | -€2,767 | -2.6% |
| Equity | 10/15 | €10,967 | €12,305 | +€1,338 | +12.2% |
| Contributions | 10/11 | €6,198 | €6,198 | = | 0.0% |
| Capital | 10 | €6,198 | €6,198 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,394 | €12,394 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,910 | €4,248 | +€1,338 | +46.0% |
| Amounts payable | 17/49 | €94,611 | €90,506 | -€4,105 | -4.3% |
| Amounts payable within one year | 42/48 | €94,611 | €90,506 | -€4,105 | -4.3% |
| Trade debts | 44 | €160 | €649 | +€489 | +306% |
| Suppliers | 440/4 | €160 | €649 | +€489 | +306% |
| Other amounts payable | 47/48 | €94,451 | €89,857 | -€4,594 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190 | €102 | -€88 | -46.3% |
| Other operating charges | 640/8 | €673 | €695 | +€22 | +3.3% |
| Non-recurring operating charges | 66A | €1,372 | - | -€1,372 | |
| Gross operating margin | 9900 | -€2,235 | -€1,555 | +€680 | +30.4% |
| Operating profit (loss) | 9901 | -€4,470 | -€2,352 | +€2,118 | +47.4% |
| Financial income | 75/76B | €1,201 | €4,129 | +€2,928 | +244% |
| Recurring financial income | 75 | €1,201 | €4,129 | +€2,928 | +244% |
| Financial charges | 65/66B | -€8,798 | €222 | +€9,020 | |
| Recurring financial charges | 65 | -€8,798 | €222 | +€9,020 | |
| Profit (loss) for the period before taxes | 9903 | €5,529 | €1,555 | -€3,974 | -71.9% |
| Income taxes | 67/77 | - | €217 | +€217 | |
| Profit (loss) for the period | 9904 | €5,529 | €1,338 | -€4,191 | -75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,529 | €1,338 | -€4,191 | -75.8% |
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 21 October 2026 via checked.be.