POLFLIET - BRYSSINCK: what changed
POLFLIET - BRYSSINCK
Largest movements
- Receivables within one year -€51,878
down €51,878 (-31.1%), from €167,007 to €115,129
of which Trade receivables: -€57,623
- Tangible fixed assets -€33,630
down €33,630 (-14.0%), from €240,375 to €206,744
of which Plant, machinery and equipment: -€18,957
- Cash +€30,624
up €30,624 (+275,894%), from €11 to €30,635
mainly Trade debts (+€117,326) and Receivables within one year (+€51,878)
- Trade debts +€117,326
new in 2025: €117,326
- Profit (loss) carried forward -€102,671
new in 2025: -€102,671
- Debts after one year -€33,244
down €33,244 (-17.2%), from €193,165 to €159,921
- Current portion of long-term debt -€19,667
down €19,667 (-37.2%), from €52,910 to €33,244
- Tax, wage and social debts -€17,028
down €17,028 (-68.2%), from €24,962 to €7,934
of which Taxes: -€14,481
- Gross operating margin -€40,723
down €40,723 (-29.8%), from €136,621 to €95,898
- Staff costs +€19,421
up €19,421 (+15.7%), from €123,845 to €143,267
- Other operating charges +€6,854
up €6,854 (+258%), from €2,655 to €9,509
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €409,872 | €353,969 | -€55,903 | -13.6% |
| Fixed assets | 21/28 | €240,375 | €206,744 | -€33,630 | -14.0% |
| Tangible fixed assets | 22/27 | €240,375 | €206,744 | -€33,630 | -14.0% |
| Land and buildings | 22 | €146,497 | €140,984 | -€5,513 | -3.8% |
| Plant, machinery and equipment | 23 | €58,467 | €39,510 | -€18,957 | -32.4% |
| Furniture and vehicles | 24 | €35,410 | €26,250 | -€9,160 | -25.9% |
| Current assets | 29/58 | €169,497 | €147,224 | -€22,272 | -13.1% |
| Stocks and contracts in progress | 3 | €2,479 | €1,460 | -€1,019 | -41.1% |
| Stocks | 30/36 | €2,479 | €1,460 | -€1,019 | -41.1% |
| Amounts receivable within one year | 40/41 | €167,007 | €115,129 | -€51,878 | -31.1% |
| Trade receivables | 40 | €148,329 | €90,706 | -€57,623 | -38.8% |
| Other amounts receivable | 41 | €18,678 | €24,423 | +€5,745 | +30.8% |
| Cash at bank and in hand | 54/58 | €11 | €30,635 | +€30,624 | +275,894% |
| Total equity and liabilities | 10/49 | €409,872 | €353,969 | -€55,903 | -13.6% |
| Equity | 10/15 | €109,756 | €7,084 | -€102,671 | -93.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €34,755 | €34,755 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,420 | €4,420 | = | 0.0% |
| Legal reserve | 130 | €4,420 | €4,420 | = | 0.0% |
| Distributable reserves | 133 | €30,336 | €30,336 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€102,671 | -€102,671 | |
| Amounts payable | 17/49 | €300,116 | €346,885 | +€46,768 | +15.6% |
| Amounts payable after more than one year | 17 | €193,165 | €159,921 | -€33,244 | -17.2% |
| Financial debts | 170/4 | €193,165 | €159,921 | -€33,244 | -17.2% |
| Amounts payable within one year | 42/48 | €106,952 | €186,964 | +€80,012 | +74.8% |
| Current portion of amounts payable after more than one year | 42 | €52,910 | €33,244 | -€19,667 | -37.2% |
| Trade debts | 44 | - | €117,326 | +€117,326 | |
| Suppliers | 440/4 | - | €117,326 | +€117,326 | |
| Taxes, remuneration and social security | 45 | €24,962 | €7,934 | -€17,028 | -68.2% |
| Taxes | 450/3 | €15,125 | €644 | -€14,481 | -95.7% |
| Remuneration and social security | 454/9 | €9,837 | €7,291 | -€2,547 | -25.9% |
| Other amounts payable | 47/48 | €29,079 | €28,460 | -€619 | -2.1% |
| Remuneration, social security and pensions | 62 | €123,845 | €143,267 | +€19,421 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,518 | €36,209 | -€1,309 | -3.5% |
| Other operating charges | 640/8 | €2,655 | €9,509 | +€6,854 | +258% |
| Gross operating margin | 9900 | €136,621 | €95,898 | -€40,723 | -29.8% |
| Operating profit (loss) | 9901 | -€27,397 | -€93,087 | -€65,690 | -240% |
| Financial income | 75/76B | €79 | €68 | -€11 | -13.7% |
| Recurring financial income | 75 | €79 | €68 | -€11 | -13.7% |
| Financial charges | 65/66B | €10,110 | €9,652 | -€457 | -4.5% |
| Recurring financial charges | 65 | €10,110 | €9,652 | -€457 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€37,428 | -€102,671 | -€65,244 | -174% |
| Profit (loss) for the period | 9904 | -€37,428 | -€102,671 | -€65,244 | -174% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,428 | -€102,671 | -€65,244 | -174% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.