POLYDOOR LIPPENS: 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.
POLYDOOR LIPPENS
Largest movements
- Tangible fixed assets -€159,034
down €159,034 (-6.4%), from €2.5m to €2.3m
of which Land and buildings: -€147,709
- Profit (loss) carried forward -€165,204
down €165,204 (-38.3%), from -€431,067 to -€596,270
- Financial charges -€196,288
down €196,288 (-53.1%), from €369,978 to €173,690
of which Non-recurring financial charges: -€196,125
- Financial income -€11,499
down €11,499 (-100%), from €11,499 to €0
- Gross operating margin -€10,843
down €10,843 (-5.1%), from €210,732 to €199,889
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 | €2,499,820 | €2,327,903 | -€171,916 | -6.9% |
| Fixed assets | 21/28 | €2,473,697 | €2,314,663 | -€159,034 | -6.4% |
| Tangible fixed assets | 22/27 | €2,473,697 | €2,314,663 | -€159,034 | -6.4% |
| Land and buildings | 22 | €2,260,101 | €2,112,392 | -€147,709 | -6.5% |
| Other tangible fixed assets | 26 | €213,596 | €202,271 | -€11,326 | -5.3% |
| Current assets | 29/58 | €26,123 | €13,241 | -€12,882 | -49.3% |
| Amounts receivable within one year | 40/41 | €22,054 | €2,050 | -€20,003 | -90.7% |
| Other amounts receivable | 41 | €22,054 | €2,050 | -€20,003 | -90.7% |
| Cash at bank and in hand | 54/58 | €1,782 | €11,190 | +€9,408 | +528% |
| Deferred charges and accrued income | 490/1 | €2,287 | €0 | -€2,287 | -100% |
| Total equity and liabilities | 10/49 | €2,499,820 | €2,327,903 | -€171,916 | -6.9% |
| Equity | 10/15 | €2,493,027 | €2,327,823 | -€165,204 | -6.6% |
| Contributions | 10/11 | €2,924,094 | €2,924,094 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€431,067 | -€596,270 | -€165,204 | -38.3% |
| Amounts payable | 17/49 | €6,793 | €80 | -€6,713 | -98.8% |
| Amounts payable within one year | 42/48 | €6,793 | €80 | -€6,713 | -98.8% |
| Financial debts | 43 | €6,667 | €0 | -€6,667 | -100% |
| Credit institutions | 430/8 | €6,667 | €0 | -€6,667 | -100% |
| Trade debts | 44 | €126 | €80 | -€46 | -36.4% |
| Suppliers | 440/4 | €126 | €80 | -€46 | -36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,122 | €159,034 | -€2,088 | -1.3% |
| Other operating charges | 640/8 | €31,577 | €32,369 | +€791 | +2.5% |
| Gross operating margin | 9900 | €210,732 | €199,889 | -€10,843 | -5.1% |
| Operating profit (loss) | 9901 | €18,033 | €8,486 | -€9,547 | -52.9% |
| Financial income | 75/76B | €11,499 | €0 | -€11,499 | -100% |
| Recurring financial income | 75 | €11,499 | €0 | -€11,499 | -100% |
| Financial charges | 65/66B | €369,978 | €173,690 | -€196,288 | -53.1% |
| Recurring financial charges | 65 | €508 | €345 | -€163 | -32.0% |
| Non-recurring financial charges | 66B | €369,469 | €173,344 | -€196,125 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | -€340,446 | -€165,204 | +€175,242 | +51.5% |
| Income taxes | 67/77 | €11 | €0 | -€11 | -100% |
| Profit (loss) for the period | 9904 | -€340,457 | -€165,204 | +€175,253 | +51.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€340,457 | -€165,204 | +€175,253 | +51.5% |
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 23 October 2026 via checked.be.