Dr. Van Haeringen Polygen: 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.
Dr. Van Haeringen Polygen
Largest movements
- Receivables within one year +€12,610
up €12,610 (+46.9%), from €26,893 to €39,502
of which Trade receivables: +€12,603
- Cash -€10,501
down €10,501 (-34.2%), from €30,721 to €20,220
mainly Receivables within one year (-€12,610) and Net result for the year (-€10,895)
- Current investments -€1,650
no longer reported in 2025 (was €1,650)
- Tangible fixed assets -€1,157
down €1,157 (-40.6%), from €2,850 to €1,694
- Profit (loss) carried forward -€10,895
down €10,895 (-1,424%), from -€765 to -€11,661
- Current portion of long-term debt +€10,000
new in 2025: €10,000
- Trade debts +€2,672
up €2,672 (+28.3%), from €9,450 to €12,122
- Tax, wage and social debts -€2,458
down €2,458 (-7.1%), from €34,821 to €32,364
of which Taxes: -€5,482
- Staff costs +€25,597
up €25,597 (+22.6%), from €113,307 to €138,904
- Gross operating margin +€15,567
up €15,567 (+13.7%), from €113,978 to €129,545
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 | €63,911 | €63,230 | -€681 | -1.1% |
| Fixed assets | 21/28 | €2,850 | €1,694 | -€1,157 | -40.6% |
| Tangible fixed assets | 22/27 | €2,850 | €1,694 | -€1,157 | -40.6% |
| Plant, machinery and equipment | 23 | €2,850 | €1,694 | -€1,157 | -40.6% |
| Current assets | 29/58 | €61,061 | €61,537 | +€476 | +0.8% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,893 | €39,502 | +€12,610 | +46.9% |
| Trade receivables | 40 | €20,357 | €32,960 | +€12,603 | +61.9% |
| Other amounts receivable | 41 | €6,536 | €6,543 | +€7 | +0.1% |
| Current investments | 50/53 | €1,650 | - | -€1,650 | |
| Cash at bank and in hand | 54/58 | €30,721 | €20,220 | -€10,501 | -34.2% |
| Deferred charges and accrued income | 490/1 | €797 | €814 | +€17 | +2.2% |
| Total equity and liabilities | 10/49 | €63,911 | €63,230 | -€681 | -1.1% |
| Equity | 10/15 | €19,640 | €8,744 | -€10,895 | -55.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | - | -€18,550 | |
| Other | 1109/19 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100% |
| Distributable reserves | 133 | - | €1,855 | +€1,855 | |
| Profit (loss) carried forward | 14 | -€765 | -€11,661 | -€10,895 | -1,424% |
| Amounts payable | 17/49 | €44,271 | €54,486 | +€10,215 | +23.1% |
| Amounts payable within one year | 42/48 | €44,271 | €54,486 | +€10,215 | +23.1% |
| Current portion of amounts payable after more than one year | 42 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €9,450 | €12,122 | +€2,672 | +28.3% |
| Suppliers | 440/4 | €9,450 | €12,122 | +€2,672 | +28.3% |
| Taxes, remuneration and social security | 45 | €34,821 | €32,364 | -€2,458 | -7.1% |
| Taxes | 450/3 | €20,355 | €14,873 | -€5,482 | -26.9% |
| Remuneration and social security | 454/9 | €14,466 | €17,491 | +€3,024 | +20.9% |
| Remuneration, social security and pensions | 62 | €113,307 | €138,904 | +€25,597 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,310 | €1,157 | -€153 | -11.7% |
| Other operating charges | 640/8 | €118 | €298 | +€180 | +152% |
| Gross operating margin | 9900 | €113,978 | €129,545 | +€15,567 | +13.7% |
| Operating profit (loss) | 9901 | -€756 | -€10,813 | -€10,057 | -1,330% |
| Financial income | 75/76B | €120 | €52 | -€69 | -57.1% |
| Recurring financial income | 75 | €120 | €52 | -€69 | -57.1% |
| Financial charges | 65/66B | €129 | €134 | +€5 | +4.0% |
| Recurring financial charges | 65 | €129 | €134 | +€5 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | -€765 | -€10,895 | -€10,130 | -1,324% |
| Profit (loss) for the period | 9904 | -€765 | -€10,895 | -€10,130 | -1,324% |
| Profit (loss) for the period to be appropriated | 9905 | -€765 | -€10,895 | -€10,130 | -1,324% |
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 24 October 2026 via checked.be.