POLYBOX: 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.
POLYBOX
Largest movements
- Cash +€13,353
up €13,353 (+31.9%), from €41,862 to €55,215
mainly Net result for the year (+€12,085) and Stocks and contracts (+€6,500)
- Stocks and contracts -€6,500
down €6,500 (-16.1%), from €40,296 to €33,796
- Tangible fixed assets +€3,383
up €3,383, from €0 to €3,383
of which Furniture and vehicles: +€3,383
- Receivables within one year +€3,189
up €3,189 (+72.4%), from €4,404 to €7,593
of which Trade receivables: +€4,099
- Deferred charges and accrued income -€1,435
down €1,435 (-34.3%), from €4,185 to €2,750
- Profit (loss) carried forward +€12,085
up €12,085 (+84.0%), from -€14,391 to -€2,306
- Short-term financial debts -€2,196
down €2,196 (-8.4%), from €25,988 to €23,793
- Trade debts +€1,435
up €1,435 (+26.0%), from €5,519 to €6,954
- Gross operating margin +€25,380
up €25,380, from -€9,421 to €15,958
- Other operating charges -€450
down €450 (-14.8%), from €3,036 to €2,585
- Financial income -€262
down €262 (-94.9%), from €276 to €14
- Financial charges -€164
down €164 (-22.7%), from €723 to €558
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 | €90,747 | €102,736 | +€11,989 | +13.2% |
| Fixed assets | 21/28 | €0 | €3,383 | +€3,383 | |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €3,383 | +€3,383 | |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €3,383 | +€3,383 | |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Current assets | 29/58 | €90,747 | €99,354 | +€8,606 | +9.5% |
| Stocks and contracts in progress | 3 | €40,296 | €33,796 | -€6,500 | -16.1% |
| Stocks | 30/36 | €40,296 | €33,796 | -€6,500 | -16.1% |
| Amounts receivable within one year | 40/41 | €4,404 | €7,593 | +€3,189 | +72.4% |
| Trade receivables | 40 | €3,035 | €7,134 | +€4,099 | +135.1% |
| Other amounts receivable | 41 | €1,369 | €458 | -€911 | -66.5% |
| Cash at bank and in hand | 54/58 | €41,862 | €55,215 | +€13,353 | +31.9% |
| Deferred charges and accrued income | 490/1 | €4,185 | €2,750 | -€1,435 | -34.3% |
| Total equity and liabilities | 10/49 | €90,747 | €102,736 | +€11,989 | +13.2% |
| Equity | 10/15 | €59,240 | €71,325 | +€12,085 | +20.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €11,657 | €11,657 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €5,460 | €5,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,391 | -€2,306 | +€12,085 | +84.0% |
| Amounts payable | 17/49 | €31,508 | €31,411 | -€96 | -0.3% |
| Amounts payable within one year | 42/48 | €31,508 | €31,411 | -€96 | -0.3% |
| Financial debts | 43 | €25,988 | €23,793 | -€2,196 | -8.4% |
| Credit institutions | 430/8 | €25,988 | €23,793 | -€2,196 | -8.4% |
| Trade debts | 44 | €5,519 | €6,954 | +€1,435 | +26.0% |
| Suppliers | 440/4 | €5,519 | €6,954 | +€1,435 | +26.0% |
| Taxes, remuneration and social security | 45 | - | €665 | +€665 | |
| Taxes | 450/3 | - | €665 | +€665 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €405 | €416 | +€12 | +2.9% |
| Other operating charges | 640/8 | €3,036 | €2,585 | -€450 | -14.8% |
| Non-recurring operating charges | 66A | - | €152 | +€152 | |
| Gross operating margin | 9900 | -€9,421 | €15,958 | +€25,380 | |
| Operating profit (loss) | 9901 | -€12,862 | €12,804 | +€25,666 | |
| Financial income | 75/76B | €276 | €14 | -€262 | -94.9% |
| Recurring financial income | 75 | €276 | €14 | -€262 | -94.9% |
| Financial charges | 65/66B | €723 | €558 | -€164 | -22.7% |
| Recurring financial charges | 65 | €723 | €558 | -€164 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,309 | €12,260 | +€25,569 | |
| Income taxes | 67/77 | €164 | €174 | +€10 | +6.1% |
| Profit (loss) for the period | 9904 | -€13,473 | €12,085 | +€25,559 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,473 | €12,085 | +€25,559 |
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 30 September 2026 via checked.be.