POLYCAR: 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.
POLYCAR
Largest movements
- Receivables within one year -€4,364
down €4,364 (-39.1%), from €11,161 to €6,797
of which Other amounts receivable: -€4,364
- Tangible fixed assets +€3,191
up €3,191 (+1.5%), from €211,508 to €214,699
of which Plant, machinery and equipment: +€4,869
- Profit (loss) carried forward +€10,922
up €10,922 (+8.9%), from €123,317 to €134,239
- Debts after one year -€10,798
down €10,798 (-18.2%), from €59,333 to €48,535
- Trade debts -€3,962
down €3,962 (-99.5%), from €3,982 to €20
- Gross operating margin +€4,266
up €4,266 (+16.6%), from €25,703 to €29,969
- Turnover +€2,235
up €2,235 (+6.6%), from €34,051 to €36,286
- Purchases and services -€2,031
down €2,031 (-24.3%), from €8,348 to €6,317
- Depreciation +€1,750
up €1,750 (+35.8%), from €4,884 to €6,634
- Financial charges +€705
up €705 (+21.8%), from €3,235 to €3,940
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 | €235,171 | €232,434 | -€2,737 | -1.2% |
| Fixed assets | 21/28 | €211,508 | €214,699 | +€3,191 | +1.5% |
| Tangible fixed assets | 22/27 | €211,508 | €214,699 | +€3,191 | +1.5% |
| Land and buildings | 22 | €188,845 | €187,167 | -€1,678 | -0.9% |
| Plant, machinery and equipment | 23 | €22,663 | €27,532 | +€4,869 | +21.5% |
| Current assets | 29/58 | €23,663 | €17,735 | -€5,928 | -25.1% |
| Stocks and contracts in progress | 3 | €368 | €368 | = | 0.0% |
| Stocks | 30/36 | €368 | €368 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,161 | €6,797 | -€4,364 | -39.1% |
| Trade receivables | 40 | €4,787 | €4,787 | = | 0.0% |
| Other amounts receivable | 41 | €6,374 | €2,010 | -€4,364 | -68.5% |
| Cash at bank and in hand | 54/58 | €12,134 | €10,570 | -€1,564 | -12.9% |
| Total equity and liabilities | 10/49 | €235,171 | €232,434 | -€2,737 | -1.2% |
| Equity | 10/15 | €154,022 | €164,944 | +€10,922 | +7.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €12,113 | €12,113 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Other | 1319 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €10,254 | €10,254 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,317 | €134,239 | +€10,922 | +8.9% |
| Amounts payable | 17/49 | €81,149 | €67,490 | -€13,659 | -16.8% |
| Amounts payable after more than one year | 17 | €59,333 | €48,535 | -€10,798 | -18.2% |
| Financial debts | 170/4 | €59,333 | €48,535 | -€10,798 | -18.2% |
| Amounts payable within one year | 42/48 | €21,816 | €18,355 | -€3,461 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €10,217 | €10,798 | +€581 | +5.7% |
| Trade debts | 44 | €3,982 | €20 | -€3,962 | -99.5% |
| Suppliers | 440/4 | €3,982 | €20 | -€3,962 | -99.5% |
| Taxes, remuneration and social security | 45 | €7,617 | €7,537 | -€80 | -1.1% |
| Taxes | 450/3 | €7,617 | €7,537 | -€80 | -1.1% |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Turnover | 70 | €34,051 | €36,286 | +€2,235 | +6.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,348 | €6,317 | -€2,031 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,884 | €6,634 | +€1,750 | +35.8% |
| Other operating charges | 640/8 | €5,142 | €5,186 | +€44 | +0.9% |
| Gross operating margin | 9900 | €25,703 | €29,969 | +€4,266 | +16.6% |
| Operating profit (loss) | 9901 | €15,677 | €18,149 | +€2,472 | +15.8% |
| Financial income | 75/76B | €397 | €249 | -€148 | -37.3% |
| Recurring financial income | 75 | €397 | €249 | -€148 | -37.3% |
| Financial charges | 65/66B | €3,235 | €3,940 | +€705 | +21.8% |
| Recurring financial charges | 65 | €3,235 | €3,940 | +€705 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | €12,839 | €14,458 | +€1,619 | +12.6% |
| Income taxes | 67/77 | €3,617 | €3,536 | -€81 | -2.2% |
| Profit (loss) for the period | 9904 | €9,222 | €10,922 | +€1,700 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,222 | €10,922 | +€1,700 | +18.4% |
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 15 October 2026 via checked.be.