POLY-MEDICA: 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-MEDICA
Largest movements
- Financial fixed assets -€128,000
down €128,000 (-99.9%), from €128,171 to €171
- Tangible fixed assets +€62,653
up €62,653 (+191%), from €32,818 to €95,471
of which Furniture and vehicles: +€62,937
- Cash +€17,909
up €17,909 (+106,917%), from €17 to €17,925
mainly Debts after one year (+€56,203) and Depreciation (+€53,663)
- Receivables within one year -€5,850
no longer reported in 2025 (was €5,850)
- Other debts -€168,909
down €168,909 (-84.7%), from €199,483 to €30,573
- Debts after one year +€56,203
new in 2025: €56,203
- Contributions +€23,427
up €23,427 (+126%), from €18,600 to €42,027
- Current portion of long-term debt +€21,912
new in 2025: €21,912
- Tax, wage and social debts +€13,373
new in 2025: €13,373
of which Remuneration and social security: +€9,188
- Gross operating margin +€195,760
up €195,760, from -€412 to €195,348
- Other operating charges +€82,966
up €82,966 (+165,932%), from €50 to €83,016
- Staff costs +€57,895
new in 2025: €57,895
- Depreciation +€43,475
up €43,475 (+427%), from €10,188 to €53,663
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 | €166,855 | €113,567 | -€53,288 | -31.9% |
| Fixed assets | 21/28 | €160,989 | €95,642 | -€65,347 | -40.6% |
| Tangible fixed assets | 22/27 | €32,818 | €95,471 | +€62,653 | +191% |
| Furniture and vehicles | 24 | - | €62,937 | +€62,937 | |
| Other tangible fixed assets | 26 | €32,818 | €32,534 | -€284 | -0.9% |
| Financial fixed assets | 28 | €128,171 | €171 | -€128,000 | -99.9% |
| Current assets | 29/58 | €5,867 | €17,925 | +€12,059 | +206% |
| Amounts receivable within one year | 40/41 | €5,850 | - | -€5,850 | |
| Other amounts receivable | 41 | €5,850 | - | -€5,850 | |
| Cash at bank and in hand | 54/58 | €17 | €17,925 | +€17,909 | +106,917% |
| Total equity and liabilities | 10/49 | €166,855 | €113,567 | -€53,288 | -31.9% |
| Equity | 10/15 | -€32,628 | -€8,493 | +€24,134 | +74.0% |
| Contributions | 10/11 | €18,600 | €42,027 | +€23,427 | +126% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,088 | -€52,380 | +€707 | +1.3% |
| Amounts payable | 17/49 | €199,483 | €122,061 | -€77,422 | -38.8% |
| Amounts payable after more than one year | 17 | - | €56,203 | +€56,203 | |
| Financial debts | 170/4 | - | €56,203 | +€56,203 | |
| Amounts payable within one year | 42/48 | €199,483 | €65,858 | -€133,625 | -67.0% |
| Current portion of amounts payable after more than one year | 42 | - | €21,912 | +€21,912 | |
| Taxes, remuneration and social security | 45 | - | €13,373 | +€13,373 | |
| Taxes | 450/3 | - | €4,185 | +€4,185 | |
| Remuneration and social security | 454/9 | - | €9,188 | +€9,188 | |
| Other amounts payable | 47/48 | €199,483 | €30,573 | -€168,909 | -84.7% |
| Non-recurring operating income | 76A | - | €9,350 | +€9,350 | |
| Goods, raw materials, services and sundry goods | 60/61 | €412 | - | -€412 | |
| Remuneration, social security and pensions | 62 | - | €57,895 | +€57,895 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,188 | €53,663 | +€43,475 | +427% |
| Other operating charges | 640/8 | €50 | €83,016 | +€82,966 | +165,932% |
| Gross operating margin | 9900 | -€412 | €195,348 | +€195,760 | |
| Operating profit (loss) | 9901 | -€10,651 | €773 | +€11,424 | |
| Financial charges | 65/66B | €213 | €66 | -€147 | -69.1% |
| Recurring financial charges | 65 | €213 | €66 | -€147 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,864 | €707 | +€11,571 | |
| Profit (loss) for the period | 9904 | -€10,864 | €707 | +€11,571 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,864 | €707 | +€11,571 |
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 21 October 2026 via checked.be.