POLYCHEMCO: 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.
POLYCHEMCO
Largest movements
- Receivables within one year +€65,674
up €65,674 (+20.4%), from €322,547 to €388,221
of which Other amounts receivable: +€50,674
- Tangible fixed assets -€23,786
down €23,786 (-32.2%), from €73,787 to €50,001
of which Leasing and similar rights: -€73,787
- Other debts +€193,974
up €193,974 (+35.4%), from €547,611 to €741,584
- Reserves -€145,685
down €145,685 (-25.7%), from €566,289 to €420,604
- Gross operating margin -€23,662
down €23,662 (-41.1%), from €57,506 to €33,844
- Financial charges -€3,572
down €3,572 (-8.5%), from €41,864 to €38,292
- Taxes -€1,928
down €1,928 (-56.0%), from €3,444 to €1,516
- Other operating charges +€1,120
up €1,120 (+28.2%), from €3,970 to €5,090
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 | €1,174,017 | €1,223,730 | +€49,712 | +4.2% |
| Fixed assets | 21/28 | €848,787 | €825,001 | -€23,786 | -2.8% |
| Tangible fixed assets | 22/27 | €73,787 | €50,001 | -€23,786 | -32.2% |
| Land and buildings | 22 | - | €50,001 | +€50,001 | |
| Leasing and similar rights | 25 | €73,787 | €0 | -€73,787 | -100% |
| Financial fixed assets | 28 | €775,000 | €775,000 | = | 0.0% |
| Current assets | 29/58 | €325,231 | €398,729 | +€73,498 | +22.6% |
| Amounts receivable within one year | 40/41 | €322,547 | €388,221 | +€65,674 | +20.4% |
| Trade receivables | 40 | €170,000 | €185,000 | +€15,000 | +8.8% |
| Other amounts receivable | 41 | €152,547 | €203,221 | +€50,674 | +33.2% |
| Cash at bank and in hand | 54/58 | €2,683 | €10,508 | +€7,824 | +292% |
| Total equity and liabilities | 10/49 | €1,174,017 | €1,223,730 | +€49,712 | +4.2% |
| Equity | 10/15 | €573,289 | €427,604 | -€145,685 | -25.4% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €566,289 | €420,604 | -€145,685 | -25.7% |
| Distributable reserves | 133 | €566,289 | €420,604 | -€145,685 | -25.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €600,729 | €796,126 | +€195,397 | +32.5% |
| Amounts payable within one year | 42/48 | €558,920 | €757,889 | +€198,969 | +35.6% |
| Trade debts | 44 | €4,648 | €2,128 | -€2,520 | -54.2% |
| Suppliers | 440/4 | €4,648 | €2,128 | -€2,520 | -54.2% |
| Taxes, remuneration and social security | 45 | €6,661 | €14,177 | +€7,516 | +113% |
| Taxes | 450/3 | €6,661 | €14,177 | +€7,516 | +113% |
| Other amounts payable | 47/48 | €547,611 | €741,584 | +€193,974 | +35.4% |
| Accrued charges and deferred income | 492/3 | €41,809 | €38,237 | -€3,572 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,786 | €23,786 | = | 0.0% |
| Other operating charges | 640/8 | €3,970 | €5,090 | +€1,120 | +28.2% |
| Gross operating margin | 9900 | €57,506 | €33,844 | -€23,662 | -41.1% |
| Operating profit (loss) | 9901 | €29,750 | €4,968 | -€24,782 | -83.3% |
| Financial income | 75/76B | €50,000 | €50,000 | +€0 | 0.0% |
| Recurring financial income | 75 | €50,000 | €50,000 | +€0 | 0.0% |
| Financial charges | 65/66B | €41,864 | €38,292 | -€3,572 | -8.5% |
| Recurring financial charges | 65 | €41,864 | €38,292 | -€3,572 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €37,886 | €16,676 | -€21,209 | -56.0% |
| Income taxes | 67/77 | €3,444 | €1,516 | -€1,928 | -56.0% |
| Profit (loss) for the period | 9904 | €34,442 | €15,160 | -€19,281 | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,442 | €15,160 | -€19,281 | -56.0% |
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 22 October 2026 via checked.be.