POLYCHIMIE: what changed
What changed
POLYCHIMIE
NACE 22.260, Manufacture of rubber and plastic products
filed annual accounts (NBB)
Net result for the year
€25,385
2024 · -€44,276+€69,661
Equity
€106,991
2024 · €81,487+€25,505
Cash
€12,508
2024 · €10,495+€2,013
Balance sheet total
€176,185
2024 · €178,584-€2,399
Largest movements
Assets
- Stocks and contracts -€5,118
down €5,118 (-45.7%), from €11,204 to €6,086
- Cash +€2,013
up €2,013 (+19.2%), from €10,495 to €12,508
mainly Net result for the year (+€25,385) and Depreciation (+€18,758)
Equity and liabilities
- Reserves +€22,762
up €22,762 (+868%), from €2,623 to €25,385
of which Distributable reserves: +€25,385
- Debts after one year -€19,232
down €19,232 (-35.3%), from €54,535 to €35,303
- Trade debts -€4,251
down €4,251 (-70.6%), from €6,017 to €1,767
- Current portion of long-term debt -€3,692
down €3,692 (-13.9%), from €26,582 to €22,891
- Contributions +€2,623
up €2,623 (+10.0%), from €26,226 to €28,849
Income statement
- Gross operating margin +€61,711
up €61,711 (+123%), from €50,251 to €111,962
- Staff costs -€12,495
down €12,495 (-23.3%), from €53,510 to €41,015
- Depreciation -€12,468
down €12,468 (-39.9%), from €31,226 to €18,758
- Other operating charges +€11,910
up €11,910 (+187%), from €6,362 to €18,272
- Taxes +€2,460
up €2,460 (+952%), from €258 to €2,718
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€44,276
Gross operating margin
+€61,711
Staff costs
+€12,495
Depreciation
+€12,468
Other operating charges
-€11,910
Financial income
-€844
Financial charges
-€1,799
Taxes
-€2,460
Result 2025
€25,385
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€44,559
Investment
-€19,741
Financing
-€22,805
Cash 2024
€10,495
From operations (derived)
+€44,559
Net result for the year
+€25,385
Depreciation
+€18,758
Stocks and contracts
+€5,118
Receivables within one year
+€496
Deferred charges and accrued income
-€218
Trade debts
-€4,251
Tax, wage and social debts
+€1,448
Advances received
+€225
Other debts
-€2,402
Investment (derived)
-€19,741
Investment in fixed assets (net)
-€19,741
Financing
-€22,805
Debts after one year
-€19,232
Current portion of long-term debt
-€3,692
Contributions, distributions and other
+€120
Cash 2025
€12,508
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €178,584 | €176,185 | -€2,399 | -1.3% |
| Fixed assets | 21/28 | €153,969 | €154,952 | +€983 | +0.6% |
| Tangible fixed assets | 22/27 | €153,969 | €154,952 | +€983 | +0.6% |
| Land and buildings | 22 | €131,232 | €127,058 | -€4,174 | -3.2% |
| Plant, machinery and equipment | 23 | €2,145 | €2,733 | +€588 | +27.4% |
| Furniture and vehicles | 24 | €20,592 | €25,161 | +€4,570 | +22.2% |
| Current assets | 29/58 | €24,615 | €21,233 | -€3,382 | -13.7% |
| Stocks and contracts in progress | 3 | €11,204 | €6,086 | -€5,118 | -45.7% |
| Stocks | 30/36 | €11,204 | €6,086 | -€5,118 | -45.7% |
| Amounts receivable within one year | 40/41 | €1,302 | €807 | -€496 | -38.1% |
| Trade receivables | 40 | €1,302 | €807 | -€496 | -38.1% |
| Cash at bank and in hand | 54/58 | €10,495 | €12,508 | +€2,013 | +19.2% |
| Deferred charges and accrued income | 490/1 | €1,614 | €1,833 | +€218 | +13.5% |
| Total equity and liabilities | 10/49 | €178,584 | €176,185 | -€2,399 | -1.3% |
| Equity | 10/15 | €81,487 | €106,991 | +€25,505 | +31.3% |
| Contributions | 10/11 | €26,226 | €28,849 | +€2,623 | +10.0% |
| Reserves | 13 | €2,623 | €25,385 | +€22,762 | +868% |
| Non-distributable reserves | 130/1 | €2,623 | - | -€2,623 | |
| Reserves not available under the articles | 1311 | €2,623 | - | -€2,623 | |
| Distributable reserves | 133 | - | €25,385 | +€25,385 | |
| Profit (loss) carried forward | 14 | €52,638 | €52,758 | +€120 | +0.2% |
| Amounts payable | 17/49 | €97,097 | €69,194 | -€27,903 | -28.7% |
| Amounts payable after more than one year | 17 | €54,535 | €35,303 | -€19,232 | -35.3% |
| Financial debts | 170/4 | €54,535 | €35,303 | -€19,232 | -35.3% |
| Amounts payable within one year | 42/48 | €42,562 | €33,891 | -€8,671 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €26,582 | €22,891 | -€3,692 | -13.9% |
| Trade debts | 44 | €6,017 | €1,767 | -€4,251 | -70.6% |
| Suppliers | 440/4 | €6,017 | €1,767 | -€4,251 | -70.6% |
| Advances received on contracts in progress | 46 | - | €225 | +€225 | |
| Taxes, remuneration and social security | 45 | €7,373 | €8,821 | +€1,448 | +19.6% |
| Taxes | 450/3 | €6,666 | €3,575 | -€3,091 | -46.4% |
| Remuneration and social security | 454/9 | €708 | €5,247 | +€4,539 | +641% |
| Other amounts payable | 47/48 | €2,589 | €188 | -€2,402 | -92.8% |
| Remuneration, social security and pensions | 62 | €53,510 | €41,015 | -€12,495 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,226 | €18,758 | -€12,468 | -39.9% |
| Other operating charges | 640/8 | €6,362 | €18,272 | +€11,910 | +187% |
| Gross operating margin | 9900 | €50,251 | €111,962 | +€61,711 | +123% |
| Operating profit (loss) | 9901 | -€40,847 | €33,916 | +€74,763 | |
| Financial income | 75/76B | €1,034 | €190 | -€844 | -81.6% |
| Recurring financial income | 75 | €1,034 | €190 | -€844 | -81.6% |
| Financial charges | 65/66B | €4,204 | €6,003 | +€1,799 | +42.8% |
| Recurring financial charges | 65 | €4,204 | €6,003 | +€1,799 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | -€44,018 | €28,103 | +€72,121 | |
| Income taxes | 67/77 | €258 | €2,718 | +€2,460 | +952% |
| Profit (loss) for the period | 9904 | -€44,276 | €25,385 | +€69,661 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,276 | €25,385 | +€69,661 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.