POLYBAT: what changed
Two fiscal 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.
POLYBAT
Largest movements
- Tangible fixed assets +€34,061
up €34,061 (+7208.8%), from €472 to €34,533
of which Other tangible fixed assets: +€34,533
- Cash -€27,889
down €27,889 (-99.6%), from €27,989 to €100
- Receivables after one year -€5,750
down €5,750 (-100.0%), from €5,750 to €0
No liability line moved by more than 1% of the balance sheet total.
- Turnover -€6,804
no longer reported in 2025 (was €6,804)
- Purchases and services -€5,832
no longer reported in 2025 (was €5,832)
- Depreciation -€2,303
no longer reported in 2025 (was €2,303)
- Gross operating margin -€1,064
no longer reported in 2025 (was €1,064)
- Other operating charges -€451
no longer reported in 2025 (was €451)
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,043 | €34,808 | -€235 | -0.7% |
| Fixed assets | 21/28 | €522 | €34,533 | +€34,011 | +6514.8% |
| Tangible fixed assets | 22/27 | €472 | €34,533 | +€34,061 | +7208.8% |
| Furniture and vehicles | 24 | €472 | - | -€472 | |
| Other tangible fixed assets | 26 | - | €34,533 | +€34,533 | |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €34,521 | €275 | -€34,246 | -99.2% |
| Amounts receivable after more than one year | 29 | €5,750 | €0 | -€5,750 | -100.0% |
| Other amounts receivable | 291 | €5,750 | €0 | -€5,750 | -100.0% |
| Amounts receivable within one year | 40/41 | €482 | €175 | -€307 | -63.7% |
| Trade receivables | 40 | €111 | €0 | -€111 | -100.0% |
| Other amounts receivable | 41 | €371 | €175 | -€196 | -52.8% |
| Cash at bank and in hand | 54/58 | €27,989 | €100 | -€27,889 | -99.6% |
| Deferred charges and accrued income | 490/1 | €301 | - | -€301 | |
| Total equity and liabilities | 10/49 | €35,043 | €34,808 | -€235 | -0.7% |
| Equity | 10/15 | €34,808 | €34,808 | = | 0.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €22,859 | €22,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,643 | -€6,643 | = | 0.0% |
| Amounts payable | 17/49 | €235 | - | -€235 | |
| Amounts payable within one year | 42/48 | €235 | - | -€235 | |
| Trade debts | 44 | €235 | - | -€235 | |
| Suppliers | 440/4 | €235 | - | -€235 | |
| Turnover | 70 | €6,804 | - | -€6,804 | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,832 | - | -€5,832 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,303 | - | -€2,303 | |
| Other operating charges | 640/8 | €451 | - | -€451 | |
| Gross operating margin | 9900 | €1,064 | - | -€1,064 | |
| Operating profit (loss) | 9901 | -€1,690 | - | +€1,690 | |
| Financial income | 75/76B | €332 | - | -€332 | |
| Recurring financial income | 75 | €332 | - | -€332 | |
| Financial charges | 65/66B | €97 | - | -€97 | |
| Recurring financial charges | 65 | €97 | - | -€97 | |
| Profit (loss) for the period before taxes | 9903 | -€1,456 | - | +€1,456 | |
| Profit (loss) for the period | 9904 | -€1,456 | - | +€1,456 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,456 | - | +€1,456 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.