POLY'ART: 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.
POLY'ART
Largest movements
- Tangible fixed assets -€8,547
down €8,547 (-51.0%), from €16,768 to €8,221
- Receivables within one year +€1,793
up €1,793 (+11.6%), from €15,512 to €17,305
of which Trade receivables: +€3,806
- Tax, wage and social debts -€11,190
no longer reported in 2025 (was €11,190)
- Profit (loss) carried forward +€7,797
up €7,797 (+7.2%), from €108,831 to €116,628
- Trade debts -€2,528
down €2,528 (-83.1%), from €3,043 to €515
- Staff costs -€6,053
down €6,053 (-4.8%), from €124,830 to €118,777
- Gross operating margin -€2,815
down €2,815 (-2.1%), from €134,028 to €131,213
- Other operating charges -€2,700
down €2,700 (-90.6%), from €2,981 to €281
- Purchases and services +€1,948
up €1,948 (+19.5%), from €10,014 to €11,962
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 | €132,752 | €126,831 | -€5,921 | -4.5% |
| Fixed assets | 21/28 | €91,768 | €83,221 | -€8,547 | -9.3% |
| Tangible fixed assets | 22/27 | €16,768 | €8,221 | -€8,547 | -51.0% |
| Furniture and vehicles | 24 | €16,768 | €8,221 | -€8,547 | -51.0% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €40,984 | €43,610 | +€2,626 | +6.4% |
| Amounts receivable within one year | 40/41 | €15,512 | €17,305 | +€1,793 | +11.6% |
| Trade receivables | 40 | €12,999 | €16,805 | +€3,806 | +29.3% |
| Other amounts receivable | 41 | €2,513 | €500 | -€2,013 | -80.1% |
| Cash at bank and in hand | 54/58 | €25,472 | €26,305 | +€833 | +3.3% |
| Total equity and liabilities | 10/49 | €132,752 | €126,831 | -€5,921 | -4.5% |
| Equity | 10/15 | €118,519 | €126,316 | +€7,797 | +6.6% |
| Contributions | 10/11 | €6,154 | €6,154 | = | 0.0% |
| Capital | 10 | €6,154 | €6,154 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,438 | €12,438 | = | 0.0% |
| Reserves | 13 | €3,534 | €3,534 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,534 | €3,534 | = | 0.0% |
| Legal reserve | 130 | €3,534 | €3,534 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,831 | €116,628 | +€7,797 | +7.2% |
| Amounts payable | 17/49 | €14,233 | €515 | -€13,718 | -96.4% |
| Amounts payable within one year | 42/48 | €14,233 | €515 | -€13,718 | -96.4% |
| Trade debts | 44 | €3,043 | €515 | -€2,528 | -83.1% |
| Suppliers | 440/4 | €3,043 | €515 | -€2,528 | -83.1% |
| Taxes, remuneration and social security | 45 | €11,190 | - | -€11,190 | |
| Remuneration and social security | 454/9 | €11,190 | - | -€11,190 | |
| Turnover | 70 | €144,042 | €143,175 | -€867 | -0.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,014 | €11,962 | +€1,948 | +19.5% |
| Remuneration, social security and pensions | 62 | €124,830 | €118,777 | -€6,053 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,220 | €4,111 | -€1,109 | -21.2% |
| Other operating charges | 640/8 | €2,981 | €281 | -€2,700 | -90.6% |
| Gross operating margin | 9900 | €134,028 | €131,213 | -€2,815 | -2.1% |
| Operating profit (loss) | 9901 | €997 | €8,044 | +€7,047 | +707% |
| Financial charges | 65/66B | €331 | €247 | -€84 | -25.4% |
| Recurring financial charges | 65 | €331 | €247 | -€84 | -25.4% |
| Non-recurring financial charges | 66B | €331 | €247 | -€84 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €666 | €7,797 | +€7,131 | +1,071% |
| Profit (loss) for the period | 9904 | €666 | €7,797 | +€7,131 | +1,071% |
| Profit (loss) for the period to be appropriated | 9905 | €666 | €7,797 | +€7,131 | +1,071% |
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 17 October 2026 via checked.be.