POLYEDRE: what changed
Two fiscal 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.
POLYEDRE
Largest movements
- Cash +€50,656
up €50,656 (+45.4%), from €111,541 to €162,198
mainly Net result for the year (+€111,024) and Receivables within one year (+€42,360)
- Receivables within one year -€42,360
down €42,360 (-42.8%), from €99,054 to €56,694
of which Trade receivables: -€43,504
- Stocks and contracts +€34,754
up €34,754 (+9.5%), from €365,179 to €399,933
- Tangible fixed assets +€9,291
up €9,291 (+3.4%), from €269,733 to €279,024
of which Other tangible fixed assets: +€32,724
- Reserves +€111,024
up €111,024 (+33.9%), from €327,613 to €438,637
- Trade debts -€27,296
down €27,296 (-80.6%), from €33,858 to €6,562
- Tax, wage and social debts -€18,954
down €18,954 (-24.4%), from €77,807 to €58,853
- Debts after one year -€16,310
down €16,310 (-29.4%), from €55,493 to €39,183
- Gross operating margin +€90,469
up €90,469 (+87.6%), from €103,298 to €193,767
- Taxes +€24,508
up €24,508 (+98.0%), from €25,000 to €49,508
- Depreciation +€10,520
up €10,520 (+52.3%), from €20,098 to €30,618
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.
Cash bridge derived
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 | €852,211 | €900,991 | +€48,779 | +5.7% |
| Fixed assets | 21/28 | €272,875 | €282,166 | +€9,291 | +3.4% |
| Tangible fixed assets | 22/27 | €269,733 | €279,024 | +€9,291 | +3.4% |
| Land and buildings | 22 | €238,004 | €219,906 | -€18,098 | -7.6% |
| Plant, machinery and equipment | 23 | €16,326 | €11,857 | -€4,470 | -27.4% |
| Furniture and vehicles | 24 | €1,904 | €1,038 | -€865 | -45.5% |
| Other tangible fixed assets | 26 | €13,499 | €46,223 | +€32,724 | +242.4% |
| Financial fixed assets | 28 | €3,142 | €3,142 | = | 0.0% |
| Current assets | 29/58 | €579,336 | €618,825 | +€39,489 | +6.8% |
| Stocks and contracts in progress | 3 | €365,179 | €399,933 | +€34,754 | +9.5% |
| Stocks | 30/36 | €365,179 | €399,933 | +€34,754 | +9.5% |
| Amounts receivable within one year | 40/41 | €99,054 | €56,694 | -€42,360 | -42.8% |
| Trade receivables | 40 | €63,880 | €20,376 | -€43,504 | -68.1% |
| Other amounts receivable | 41 | €35,175 | €36,319 | +€1,144 | +3.3% |
| Cash at bank and in hand | 54/58 | €111,541 | €162,198 | +€50,656 | +45.4% |
| Deferred charges and accrued income | 490/1 | €3,562 | €0 | -€3,562 | -100.0% |
| Total equity and liabilities | 10/49 | €852,211 | €900,991 | +€48,779 | +5.7% |
| Equity | 10/15 | €669,060 | €780,084 | +€111,024 | +16.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €327,613 | €438,637 | +€111,024 | +33.9% |
| Distributable reserves | 133 | €327,613 | €438,637 | +€111,024 | +33.9% |
| Profit (loss) carried forward | 14 | €322,855 | €322,855 | = | 0.0% |
| Amounts payable | 17/49 | €183,152 | €120,907 | -€62,244 | -34.0% |
| Amounts payable after more than one year | 17 | €55,493 | €39,183 | -€16,310 | -29.4% |
| Financial debts | 170/4 | €55,493 | €39,183 | -€16,310 | -29.4% |
| Amounts payable within one year | 42/48 | €127,659 | €81,724 | -€45,935 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €15,994 | €16,310 | +€315 | +2.0% |
| Trade debts | 44 | €33,858 | €6,562 | -€27,296 | -80.6% |
| Suppliers | 440/4 | €33,858 | €6,562 | -€27,296 | -80.6% |
| Taxes, remuneration and social security | 45 | €77,807 | €58,853 | -€18,954 | -24.4% |
| Taxes | 450/3 | €77,807 | €58,853 | -€18,954 | -24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,098 | €30,618 | +€10,520 | +52.3% |
| Other operating charges | 640/8 | €1,695 | €2,233 | +€538 | +31.7% |
| Gross operating margin | 9900 | €103,298 | €193,767 | +€90,469 | +87.6% |
| Operating profit (loss) | 9901 | €81,504 | €160,916 | +€79,411 | +97.4% |
| Financial income | 75/76B | €2,183 | €2,192 | +€9 | +0.4% |
| Recurring financial income | 75 | €2,183 | €2,192 | +€9 | +0.4% |
| Financial charges | 65/66B | €3,540 | €2,576 | -€964 | -27.2% |
| Recurring financial charges | 65 | €3,540 | €2,576 | -€964 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €80,148 | €160,532 | +€80,384 | +100.3% |
| Income taxes | 67/77 | €25,000 | €49,508 | +€24,508 | +98.0% |
| Profit (loss) for the period | 9904 | €55,149 | €111,024 | +€55,875 | +101.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,149 | €111,024 | +€55,875 | +101.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.