National Gent Performance Polymers: 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.
National Gent Performance Polymers
Largest movements
- Tangible fixed assets +€142,820
up €142,820 (+18.0%), from €793,734 to €936,553
of which Assets under construction and advance payments: +€205,870
- Receivables within one year +€71,811
up €71,811 (+7.6%), from €945,156 to €1.0m
of which Trade receivables: +€83,684
- Deferred charges and accrued income +€70,439
up €70,439 (+1,413%), from €4,986 to €75,426
- Profit (loss) carried forward +€187,674
up €187,674 (+14.4%), from €1.3m to €1.5m
- Trade debts +€92,061
up €92,061 (+38.8%), from €237,250 to €329,311
- Tax, wage and social debts +€27,639
up €27,639 (+30.2%), from €91,473 to €119,112
of which Remuneration and social security: +€14,021
- Gross operating margin -€290,328
down €290,328 (-21.2%), from €1.4m to €1.1m
- Staff costs +€154,608
up €154,608 (+31.7%), from €487,773 to €642,381
- Taxes -€124,534
down €124,534 (-63.4%), from €196,461 to €71,927
- Depreciation -€37,845
down €37,845 (-20.9%), from €180,873 to €143,028
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,099,617 | €2,374,719 | +€275,102 | +13.1% |
| Fixed assets | 21/28 | €793,734 | €941,450 | +€147,717 | +18.6% |
| Tangible fixed assets | 22/27 | €793,734 | €936,553 | +€142,820 | +18.0% |
| Land and buildings | 22 | €559,914 | €547,890 | -€12,024 | -2.1% |
| Plant, machinery and equipment | 23 | €229,601 | €120,999 | -€108,602 | -47.3% |
| Furniture and vehicles | 24 | €4,219 | €52,993 | +€48,773 | +1,156% |
| Other tangible fixed assets | 26 | - | €8,802 | +€8,802 | |
| Assets under construction and advance payments | 27 | €0 | €205,870 | +€205,870 | |
| Financial fixed assets | 28 | €0 | €4,897 | +€4,897 | |
| Current assets | 29/58 | €1,305,883 | €1,433,268 | +€127,385 | +9.8% |
| Stocks and contracts in progress | 3 | €136,816 | €134,975 | -€1,841 | -1.3% |
| Stocks | 30/36 | €136,816 | €134,975 | -€1,841 | -1.3% |
| Amounts receivable within one year | 40/41 | €945,156 | €1,016,967 | +€71,811 | +7.6% |
| Trade receivables | 40 | €918,151 | €1,001,835 | +€83,684 | +9.1% |
| Other amounts receivable | 41 | €27,005 | €15,132 | -€11,874 | -44.0% |
| Cash at bank and in hand | 54/58 | €218,925 | €205,901 | -€13,024 | -5.9% |
| Deferred charges and accrued income | 490/1 | €4,986 | €75,426 | +€70,439 | +1,413% |
| Total equity and liabilities | 10/49 | €2,099,617 | €2,374,719 | +€275,102 | +13.1% |
| Equity | 10/15 | €1,325,554 | €1,513,229 | +€187,674 | +14.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,305,554 | €1,493,229 | +€187,674 | +14.4% |
| Amounts payable | 17/49 | €774,062 | €861,490 | +€87,428 | +11.3% |
| Amounts payable within one year | 42/48 | €758,829 | €861,490 | +€102,661 | +13.5% |
| Trade debts | 44 | €237,250 | €329,311 | +€92,061 | +38.8% |
| Suppliers | 440/4 | €237,250 | €329,311 | +€92,061 | +38.8% |
| Taxes, remuneration and social security | 45 | €91,473 | €119,112 | +€27,639 | +30.2% |
| Taxes | 450/3 | €65,115 | €78,734 | +€13,619 | +20.9% |
| Remuneration and social security | 454/9 | €26,358 | €40,379 | +€14,021 | +53.2% |
| Other amounts payable | 47/48 | €430,107 | €413,067 | -€17,040 | -4.0% |
| Accrued charges and deferred income | 492/3 | €15,233 | €0 | -€15,233 | -100% |
| Remuneration, social security and pensions | 62 | €487,773 | €642,381 | +€154,608 | +31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180,873 | €143,028 | -€37,845 | -20.9% |
| Other operating charges | 640/8 | €1,662 | €2,797 | +€1,135 | +68.3% |
| Non-recurring operating charges | 66A | - | €12,812 | +€12,812 | |
| Gross operating margin | 9900 | €1,369,350 | €1,079,022 | -€290,328 | -21.2% |
| Operating profit (loss) | 9901 | €699,042 | €278,004 | -€421,038 | -60.2% |
| Financial income | 75/76B | €155 | €277 | +€122 | +78.8% |
| Recurring financial income | 75 | €155 | €277 | +€122 | +78.8% |
| Financial charges | 65/66B | €15,654 | €12,758 | -€2,895 | -18.5% |
| Recurring financial charges | 65 | €15,654 | €12,758 | -€2,895 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €683,543 | €265,523 | -€418,020 | -61.2% |
| Income taxes | 67/77 | €196,461 | €71,927 | -€124,534 | -63.4% |
| Profit (loss) for the period | 9904 | €487,082 | €193,596 | -€293,486 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €487,082 | €193,596 | -€293,486 | -60.3% |
Source: filed annual accounts (NBB), financial years ended 30 April 2025 and 30 April 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.