POLYBEL SERVICES: 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.
POLYBEL SERVICES
Largest movements
- Tangible fixed assets -€3,333
down €3,333 (-88.8%), from €3,754 to €421
- Cash +€2,693
up €2,693 (+272.3%), from €989 to €3,682
mainly Depreciation (+€3,333) and Receivables within one year (+€808)
- Receivables within one year -€808
down €808 (-43.7%), from €1,847 to €1,040
of which Other amounts receivable: -€868
- Deferred charges and accrued income -€86
down €86 (-14.2%), from €609 to €523
- Profit (loss) carried forward -€1,386
down €1,386 (-16.5%), from -€8,376 to -€9,762
- Trade debts -€124
no longer reported in 2025 (was €124)
- Gross operating margin +€1,953
up €1,953 (+1594.6%), from €122 to €2,075
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.
Cash bridge derived
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 | €7,199 | €5,665 | -€1,534 | -21.3% |
| Fixed assets | 21/28 | €3,754 | €421 | -€3,333 | -88.8% |
| Tangible fixed assets | 22/27 | €3,754 | €421 | -€3,333 | -88.8% |
| Furniture and vehicles | 24 | €3,754 | €421 | -€3,333 | -88.8% |
| Current assets | 29/58 | €3,445 | €5,244 | +€1,799 | +52.2% |
| Amounts receivable within one year | 40/41 | €1,847 | €1,040 | -€808 | -43.7% |
| Trade receivables | 40 | - | €61 | +€61 | |
| Other amounts receivable | 41 | €1,847 | €979 | -€868 | -47.0% |
| Cash at bank and in hand | 54/58 | €989 | €3,682 | +€2,693 | +272.3% |
| Deferred charges and accrued income | 490/1 | €609 | €523 | -€86 | -14.2% |
| Total equity and liabilities | 10/49 | €7,199 | €5,665 | -€1,534 | -21.3% |
| Equity | 10/15 | -€7,376 | -€8,762 | -€1,386 | -18.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,376 | -€9,762 | -€1,386 | -16.5% |
| Amounts payable | 17/49 | €14,576 | €14,428 | -€148 | -1.0% |
| Amounts payable within one year | 42/48 | €14,576 | €14,428 | -€148 | -1.0% |
| Trade debts | 44 | €124 | - | -€124 | |
| Suppliers | 440/4 | €124 | - | -€124 | |
| Other amounts payable | 47/48 | €14,452 | €14,428 | -€25 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,333 | €3,333 | = | 0.0% |
| Gross operating margin | 9900 | €122 | €2,075 | +€1,953 | +1594.6% |
| Operating profit (loss) | 9901 | -€3,211 | -€1,258 | +€1,953 | +60.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €118 | €128 | +€10 | +8.5% |
| Recurring financial charges | 65 | €118 | €128 | +€10 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,329 | -€1,386 | +€1,943 | +58.4% |
| Profit (loss) for the period | 9904 | -€3,329 | -€1,386 | +€1,943 | +58.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,329 | -€1,386 | +€1,943 | +58.4% |
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 2 October 2026 via checked.be.