POLYDURA: 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.
POLYDURA
Largest movements
- Tangible fixed assets -€41,001
down €41,001 (-44.2%), from €92,682 to €51,681
of which Furniture and vehicles: -€40,210
- Receivables within one year +€5,650
up €5,650 (+25.8%), from €21,870 to €27,521
of which Trade receivables: +€5,102
- Stocks and contracts -€3,500
down €3,500 (-50.0%), from €7,000 to €3,500
- Reserves +€34,200
up €34,200 (+32.0%), from €106,999 to €141,199
of which Distributable reserves: +€34,200
- Current portion of long-term debt -€28,108
down €28,108 (-100%), from €28,108 to €0
- Profit (loss) carried forward -€14,179
down €14,179 (-43.6%), from €32,530 to €18,351
- Tax, wage and social debts -€10,264
down €10,264 (-44.9%), from €22,851 to €12,587
of which Remuneration and social security: -€8,961
- Trade debts -€10,235
down €10,235 (-33.8%), from €30,249 to €20,014
- Other operating charges +€9,983
up €9,983 (+1,464%), from €682 to €10,665
- Staff costs +€8,679
up €8,679 (+4.8%), from €179,120 to €187,799
- Gross operating margin +€5,315
up €5,315 (+2.0%), from €270,935 to €276,250
- Depreciation -€3,414
down €3,414 (-12.3%), from €27,829 to €24,415
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 | €257,738 | €219,691 | -€38,047 | -14.8% |
| Fixed assets | 21/28 | €98,700 | €57,698 | -€41,001 | -41.5% |
| Tangible fixed assets | 22/27 | €92,682 | €51,681 | -€41,001 | -44.2% |
| Plant, machinery and equipment | 23 | €1,828 | €1,037 | -€791 | -43.3% |
| Furniture and vehicles | 24 | €90,854 | €50,644 | -€40,210 | -44.3% |
| Financial fixed assets | 28 | €6,018 | €6,018 | = | 0.0% |
| Current assets | 29/58 | €159,038 | €161,993 | +€2,955 | +1.9% |
| Stocks and contracts in progress | 3 | €7,000 | €3,500 | -€3,500 | -50.0% |
| Stocks | 30/36 | €7,000 | €3,500 | -€3,500 | -50.0% |
| Amounts receivable within one year | 40/41 | €21,870 | €27,521 | +€5,650 | +25.8% |
| Trade receivables | 40 | €21,852 | €26,954 | +€5,102 | +23.3% |
| Other amounts receivable | 41 | €18 | €567 | +€549 | +3,027% |
| Cash at bank and in hand | 54/58 | €121,533 | €123,466 | +€1,933 | +1.6% |
| Deferred charges and accrued income | 490/1 | €8,635 | €7,506 | -€1,129 | -13.1% |
| Total equity and liabilities | 10/49 | €257,738 | €219,691 | -€38,047 | -14.8% |
| Equity | 10/15 | €145,726 | €165,747 | +€20,021 | +13.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €106,999 | €141,199 | +€34,200 | +32.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €105,139 | €139,339 | +€34,200 | +32.5% |
| Profit (loss) carried forward | 14 | €32,530 | €18,351 | -€14,179 | -43.6% |
| Amounts payable | 17/49 | €112,011 | €53,944 | -€58,068 | -51.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €111,234 | €53,944 | -€57,290 | -51.5% |
| Current portion of amounts payable after more than one year | 42 | €28,108 | €0 | -€28,108 | -100% |
| Trade debts | 44 | €30,249 | €20,014 | -€10,235 | -33.8% |
| Suppliers | 440/4 | €30,249 | €20,014 | -€10,235 | -33.8% |
| Advances received on contracts in progress | 46 | €6,000 | €0 | -€6,000 | -100% |
| Taxes, remuneration and social security | 45 | €22,851 | €12,587 | -€10,264 | -44.9% |
| Taxes | 450/3 | €10,485 | €9,183 | -€1,303 | -12.4% |
| Remuneration and social security | 454/9 | €12,366 | €3,404 | -€8,961 | -72.5% |
| Other amounts payable | 47/48 | €24,026 | €21,343 | -€2,683 | -11.2% |
| Accrued charges and deferred income | 492/3 | €778 | €0 | -€778 | -100% |
| Remuneration, social security and pensions | 62 | €179,120 | €187,799 | +€8,679 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,829 | €24,415 | -€3,414 | -12.3% |
| Other operating charges | 640/8 | €682 | €10,665 | +€9,983 | +1,464% |
| Gross operating margin | 9900 | €270,935 | €276,250 | +€5,315 | +2.0% |
| Operating profit (loss) | 9901 | €63,303 | €53,370 | -€9,933 | -15.7% |
| Financial income | 75/76B | €206 | €401 | +€196 | +95.2% |
| Recurring financial income | 75 | €206 | €401 | +€196 | +95.2% |
| Financial charges | 65/66B | €3,028 | €1,457 | -€1,571 | -51.9% |
| Recurring financial charges | 65 | €3,028 | €1,457 | -€1,571 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €60,481 | €52,315 | -€8,166 | -13.5% |
| Income taxes | 67/77 | €18,289 | €18,008 | -€281 | -1.5% |
| Profit (loss) for the period | 9904 | €42,192 | €34,307 | -€7,885 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,192 | €34,307 | -€7,885 | -18.7% |
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 18 October 2026 via checked.be.