POLYDUR PRODUCTS: 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.
POLYDUR PRODUCTS
Largest movements
- Cash +€159,302
up €159,302 (+47.2%), from €337,230 to €496,532
mainly Net result for the year (+€150,373) and Receivables within one year (+€66,268)
- Receivables within one year -€66,268
down €66,268 (-32.0%), from €206,910 to €140,642
of which Trade receivables: -€63,754
- Tangible fixed assets +€8,964
up €8,964 (+128%), from €7,023 to €15,987
of which Plant, machinery and equipment: +€9,695
- Reserves +€150,373
up €150,373 (+36.8%), from €408,107 to €558,480
of which Distributable reserves: +€150,373
- Tax, wage and social debts -€38,845
down €38,845 (-34.1%), from €113,976 to €75,131
of which Taxes: -€46,031
- Trade debts -€10,598
down €10,598 (-41.3%), from €25,643 to €15,046
- Staff costs +€22,945
up €22,945 (+79.6%), from €28,841 to €51,786
- Gross operating margin +€19,228
up €19,228 (+8.0%), from €241,824 to €261,052
- Other operating charges -€8,105
down €8,105 (-68.4%), from €11,848 to €3,743
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 | €553,926 | €655,410 | +€101,484 | +18.3% |
| Fixed assets | 21/28 | €9,273 | €18,237 | +€8,964 | +96.7% |
| Tangible fixed assets | 22/27 | €7,023 | €15,987 | +€8,964 | +128% |
| Land and buildings | 22 | €1,977 | €1,747 | -€230 | -11.6% |
| Plant, machinery and equipment | 23 | €4,545 | €14,239 | +€9,695 | +213% |
| Furniture and vehicles | 24 | €501 | - | -€501 | |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €544,653 | €637,173 | +€92,520 | +17.0% |
| Amounts receivable within one year | 40/41 | €206,910 | €140,642 | -€66,268 | -32.0% |
| Trade receivables | 40 | €203,739 | €139,985 | -€63,754 | -31.3% |
| Other amounts receivable | 41 | €3,171 | €657 | -€2,514 | -79.3% |
| Cash at bank and in hand | 54/58 | €337,230 | €496,532 | +€159,302 | +47.2% |
| Deferred charges and accrued income | 490/1 | €514 | - | -€514 | |
| Total equity and liabilities | 10/49 | €553,926 | €655,410 | +€101,484 | +18.3% |
| Equity | 10/15 | €414,307 | €564,680 | +€150,373 | +36.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €408,107 | €558,480 | +€150,373 | +36.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €406,247 | €556,620 | +€150,373 | +37.0% |
| Amounts payable | 17/49 | €139,619 | €90,730 | -€48,889 | -35.0% |
| Amounts payable within one year | 42/48 | €139,619 | €90,730 | -€48,889 | -35.0% |
| Trade debts | 44 | €25,643 | €15,046 | -€10,598 | -41.3% |
| Suppliers | 440/4 | €25,643 | €15,046 | -€10,598 | -41.3% |
| Taxes, remuneration and social security | 45 | €113,976 | €75,131 | -€38,845 | -34.1% |
| Taxes | 450/3 | €113,976 | €67,945 | -€46,031 | -40.4% |
| Remuneration and social security | 454/9 | - | €7,186 | +€7,186 | |
| Other amounts payable | 47/48 | - | €553 | +€553 | |
| Remuneration, social security and pensions | 62 | €28,841 | €51,786 | +€22,945 | +79.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,388 | €3,833 | +€2,445 | +176% |
| Other operating charges | 640/8 | €11,848 | €3,743 | -€8,105 | -68.4% |
| Gross operating margin | 9900 | €241,824 | €261,052 | +€19,228 | +8.0% |
| Operating profit (loss) | 9901 | €199,747 | €201,690 | +€1,943 | +1.0% |
| Financial income | 75/76B | €27 | €21 | -€7 | -24.2% |
| Recurring financial income | 75 | €27 | €21 | -€7 | -24.2% |
| Financial charges | 65/66B | €3,730 | €1,232 | -€2,498 | -67.0% |
| Recurring financial charges | 65 | €3,730 | €1,232 | -€2,498 | -67.0% |
| Profit (loss) for the period before taxes | 9903 | €196,043 | €200,478 | +€4,435 | +2.3% |
| Income taxes | 67/77 | €49,385 | €50,105 | +€720 | +1.5% |
| Profit (loss) for the period | 9904 | €146,658 | €150,373 | +€3,715 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €146,658 | €150,373 | +€3,715 | +2.5% |
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 17 October 2026 via checked.be.