POLY - TRADING: what changed
POLY - TRADING
Largest movements
- Tangible fixed assets +€1,193
up €1,193, from €0 to €1,193
of which Furniture and vehicles: +€1,193
- Cash -€436
down €436 (-56.9%), from €766 to €330
mainly Net result for the year (-€19,357) and Investment in fixed assets (net) (-€1,239)
- Receivables within one year +€193
up €193 (+39.5%), from €488 to €681
of which Other amounts receivable: +€193
- Deferred charges and accrued income +€37
new in 2025: €37
- Other debts +€20,201
up €20,201 (+40.0%), from €50,468 to €70,669
- Profit (loss) carried forward -€19,357
down €19,357 (-16.7%), from -€115,977 to -€135,334
- Trade debts +€142
up €142 (+384%), from €37 to €179
- Gross operating margin -€11,676
down €11,676 (-166%), from -€7,019 to -€18,695
- Depreciation -€330
down €330 (-87.7%), from €376 to €46
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 | €2,727 | €3,714 | +€987 | +36.2% |
| Fixed assets | 21/28 | €1,473 | €2,666 | +€1,193 | +81.0% |
| Tangible fixed assets | 22/27 | €0 | €1,193 | +€1,193 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | €1,193 | +€1,193 | |
| Financial fixed assets | 28 | €1,473 | €1,473 | = | 0.0% |
| Current assets | 29/58 | €1,254 | €1,048 | -€206 | -16.4% |
| Amounts receivable within one year | 40/41 | €488 | €681 | +€193 | +39.5% |
| Trade receivables | 40 | €417 | €417 | = | 0.0% |
| Other amounts receivable | 41 | €71 | €264 | +€193 | +271% |
| Cash at bank and in hand | 54/58 | €766 | €330 | -€436 | -56.9% |
| Deferred charges and accrued income | 490/1 | - | €37 | +€37 | |
| Total equity and liabilities | 10/49 | €2,727 | €3,714 | +€987 | +36.2% |
| Equity | 10/15 | -€47,777 | -€67,134 | -€19,357 | -40.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€115,977 | -€135,334 | -€19,357 | -16.7% |
| Amounts payable | 17/49 | €50,505 | €70,848 | +€20,343 | +40.3% |
| Amounts payable within one year | 42/48 | €50,505 | €70,848 | +€20,343 | +40.3% |
| Trade debts | 44 | €37 | €179 | +€142 | +384% |
| Suppliers | 440/4 | €37 | €179 | +€142 | +384% |
| Other amounts payable | 47/48 | €50,468 | €70,669 | +€20,201 | +40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €376 | €46 | -€330 | -87.7% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | -€7,019 | -€18,695 | -€11,676 | -166% |
| Operating profit (loss) | 9901 | -€7,965 | -€19,327 | -€11,362 | -143% |
| Financial charges | 65/66B | €28 | €30 | +€2 | +7.6% |
| Recurring financial charges | 65 | €28 | €30 | +€2 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,993 | -€19,357 | -€11,364 | -142% |
| Profit (loss) for the period | 9904 | -€7,993 | -€19,357 | -€11,364 | -142% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,993 | -€19,357 | -€11,364 | -142% |
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 2 November 2026 via checked.be.