POLYFAC: 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.
POLYFAC
Largest movements
- Cash +€10,927
up €10,927 (+41.2%), from €26,538 to €37,464
mainly Receivables within one year (+€5,623) and Other debts (+€4,946)
- Receivables within one year -€5,623
down €5,623 (-29.3%), from €19,199 to €13,576
of which Trade receivables: -€5,623
- Tangible fixed assets -€3,901
down €3,901 (-58.2%), from €6,706 to €2,805
of which Plant, machinery and equipment: -€2,773
- Other debts +€4,946
up €4,946 (+29.3%), from €16,856 to €21,802
- Profit (loss) carried forward -€3,074
down €3,074 (-29.5%), from €10,418 to €7,345
- Trade debts -€898
down €898 (-54.7%), from €1,640 to €742
- Depreciation -€1,062
down €1,062 (-23.5%), from €4,517 to €3,454
- Financial charges +€435
up €435 (+287.8%), from €151 to €586
of which Non-recurring financial charges: +€446
- Gross operating margin +€348
up €348 (+23.9%), from €1,461 to €1,809
- Other operating charges -€190
down €190 (-18.4%), from €1,032 to €842
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 | €54,774 | €56,018 | +€1,244 | +2.3% |
| Fixed assets | 21/28 | €6,706 | €2,805 | -€3,901 | -58.2% |
| Tangible fixed assets | 22/27 | €6,706 | €2,805 | -€3,901 | -58.2% |
| Plant, machinery and equipment | 23 | €4,105 | €1,332 | -€2,773 | -67.6% |
| Furniture and vehicles | 24 | €2,601 | €1,474 | -€1,127 | -43.3% |
| Current assets | 29/58 | €48,068 | €53,213 | +€5,145 | +10.7% |
| Amounts receivable within one year | 40/41 | €19,199 | €13,576 | -€5,623 | -29.3% |
| Trade receivables | 40 | €19,162 | €13,539 | -€5,623 | -29.3% |
| Other amounts receivable | 41 | €37 | €37 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,538 | €37,464 | +€10,927 | +41.2% |
| Deferred charges and accrued income | 490/1 | €2,331 | €2,173 | -€158 | -6.8% |
| Total equity and liabilities | 10/49 | €54,774 | €56,018 | +€1,244 | +2.3% |
| Equity | 10/15 | €35,166 | €32,092 | -€3,074 | -8.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,418 | €7,345 | -€3,074 | -29.5% |
| Amounts payable | 17/49 | €19,608 | €23,926 | +€4,318 | +22.0% |
| Amounts payable within one year | 42/48 | €19,608 | €23,926 | +€4,318 | +22.0% |
| Trade debts | 44 | €1,640 | €742 | -€898 | -54.7% |
| Suppliers | 440/4 | €1,640 | €742 | -€898 | -54.7% |
| Taxes, remuneration and social security | 45 | €1,112 | €1,382 | +€270 | +24.2% |
| Taxes | 450/3 | €1,112 | €1,382 | +€270 | +24.2% |
| Other amounts payable | 47/48 | €16,856 | €21,802 | +€4,946 | +29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,517 | €3,454 | -€1,062 | -23.5% |
| Other operating charges | 640/8 | €1,032 | €842 | -€190 | -18.4% |
| Gross operating margin | 9900 | €1,461 | €1,809 | +€348 | +23.9% |
| Operating profit (loss) | 9901 | -€4,088 | -€2,488 | +€1,600 | +39.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €151 | €586 | +€435 | +287.8% |
| Recurring financial charges | 65 | €151 | €140 | -€11 | -7.6% |
| Non-recurring financial charges | 66B | - | €446 | +€446 | |
| Profit (loss) for the period before taxes | 9903 | -€4,238 | -€3,074 | +€1,165 | +27.5% |
| Profit (loss) for the period | 9904 | -€4,238 | -€3,074 | +€1,165 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,238 | -€3,074 | +€1,165 | +27.5% |
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 6 October 2026 via checked.be.