ATELIER POLYFORM: 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.
ATELIER POLYFORM
Largest movements
- Receivables within one year -€39,201
down €39,201 (-76.5%), from €51,213 to €12,011
of which Other amounts receivable: -€39,041
- Cash +€20,429
up €20,429 (+2777.0%), from €736 to €21,165
mainly Receivables within one year (+€39,201) and Depreciation (+€34,284)
- Tangible fixed assets -€16,897
down €16,897 (-3.6%), from €466,113 to €449,216
of which Land and buildings: -€24,951
- Debts after one year -€31,149
down €31,149 (-7.1%), from €438,561 to €407,412
- Current portion of long-term debt -€15,566
down €15,566 (-26.2%), from €59,468 to €43,902
- Gross operating margin +€13,339
up €13,339 (+28.0%), from €47,601 to €60,940
- Depreciation +€5,604
up €5,604 (+19.5%), from €28,680 to €34,284
- Financial charges -€3,594
down €3,594 (-21.1%), from €17,068 to €13,474
- Taxes +€3,340
up €3,340 (+2409.4%), from €139 to €3,479
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 | €784,665 | €750,295 | -€34,370 | -4.4% |
| Fixed assets | 21/28 | €731,271 | €713,192 | -€18,079 | -2.5% |
| Tangible fixed assets | 22/27 | €466,113 | €449,216 | -€16,897 | -3.6% |
| Land and buildings | 22 | €439,548 | €414,597 | -€24,951 | -5.7% |
| Plant, machinery and equipment | 23 | - | €15,453 | +€15,453 | |
| Furniture and vehicles | 24 | €24,164 | €15,806 | -€8,358 | -34.6% |
| Other tangible fixed assets | 26 | €2,400 | €3,360 | +€960 | +40.0% |
| Financial fixed assets | 28 | €265,158 | €263,976 | -€1,182 | -0.4% |
| Current assets | 29/58 | €53,394 | €37,103 | -€16,291 | -30.5% |
| Amounts receivable within one year | 40/41 | €51,213 | €12,011 | -€39,201 | -76.5% |
| Trade receivables | 40 | €160 | - | -€160 | |
| Other amounts receivable | 41 | €51,053 | €12,011 | -€39,041 | -76.5% |
| Cash at bank and in hand | 54/58 | €736 | €21,165 | +€20,429 | +2777.0% |
| Deferred charges and accrued income | 490/1 | €1,446 | €3,927 | +€2,481 | +171.6% |
| Total equity and liabilities | 10/49 | €784,665 | €750,295 | -€34,370 | -4.4% |
| Equity | 10/15 | €202,932 | €206,801 | +€3,869 | +1.9% |
| Contributions | 10/11 | €6,501 | €6,501 | = | 0.0% |
| Reserves | 13 | €169,156 | €173,025 | +€3,869 | +2.3% |
| Tax-exempt reserves | 132 | €5,278 | €5,278 | = | 0.0% |
| Distributable reserves | 133 | €163,878 | €167,747 | +€3,869 | +2.4% |
| Profit (loss) carried forward | 14 | €27,275 | €27,275 | = | 0.0% |
| Amounts payable | 17/49 | €581,733 | €543,494 | -€38,239 | -6.6% |
| Amounts payable after more than one year | 17 | €438,561 | €407,412 | -€31,149 | -7.1% |
| Financial debts | 170/4 | €438,561 | €407,412 | -€31,149 | -7.1% |
| Amounts payable within one year | 42/48 | €143,172 | €136,082 | -€7,090 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €59,468 | €43,902 | -€15,566 | -26.2% |
| Trade debts | 44 | €60,449 | €58,446 | -€2,002 | -3.3% |
| Suppliers | 440/4 | €60,449 | €58,446 | -€2,002 | -3.3% |
| Taxes, remuneration and social security | 45 | €6,738 | €11,867 | +€5,129 | +76.1% |
| Taxes | 450/3 | €4,024 | €9,136 | +€5,112 | +127.0% |
| Remuneration and social security | 454/9 | €2,714 | €2,731 | +€17 | +0.6% |
| Other amounts payable | 47/48 | €16,517 | €21,866 | +€5,349 | +32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,680 | €34,284 | +€5,604 | +19.5% |
| Other operating charges | 640/8 | €5,466 | €5,835 | +€369 | +6.7% |
| Gross operating margin | 9900 | €47,601 | €60,940 | +€13,339 | +28.0% |
| Operating profit (loss) | 9901 | €13,455 | €20,821 | +€7,366 | +54.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €17,068 | €13,474 | -€3,594 | -21.1% |
| Recurring financial charges | 65 | €17,068 | €13,474 | -€3,594 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,612 | €7,348 | +€10,960 | |
| Income taxes | 67/77 | €139 | €3,479 | +€3,340 | +2409.4% |
| Profit (loss) for the period | 9904 | -€3,751 | €3,869 | +€7,620 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,751 | €3,869 | +€7,620 |
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 9 October 2026 via checked.be.