POLYFOSA: 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.
POLYFOSA
Largest movements
- Tangible fixed assets -€27,212
down €27,212 (-3.2%), from €841,750 to €814,537
of which Land and buildings: -€23,781
- Profit (loss) carried forward -€12,635
down €12,635 (-1.3%), from €983,102 to €970,466
- Gross operating margin +€2,501
up €2,501 (+14.8%), from €16,921 to €19,422
- Financial income +€1,584
new in 2025: €1,584
- Depreciation +€686
up €686 (+2.6%), from €26,526 to €27,212
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 | €1,021,544 | €1,006,658 | -€14,885 | -1.5% |
| Fixed assets | 21/28 | €841,750 | €814,537 | -€27,212 | -3.2% |
| Tangible fixed assets | 22/27 | €841,750 | €814,537 | -€27,212 | -3.2% |
| Land and buildings | 22 | €828,242 | €804,461 | -€23,781 | -2.9% |
| Plant, machinery and equipment | 23 | €7,335 | €5,582 | -€1,752 | -23.9% |
| Furniture and vehicles | 24 | €6,173 | €4,494 | -€1,679 | -27.2% |
| Current assets | 29/58 | €179,794 | €192,121 | +€12,327 | +6.9% |
| Amounts receivable within one year | 40/41 | €52,110 | €52,501 | +€391 | +0.8% |
| Trade receivables | 40 | €12,110 | €12,501 | +€391 | +3.2% |
| Other amounts receivable | 41 | €40,000 | €40,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €126,918 | €136,325 | +€9,407 | +7.4% |
| Deferred charges and accrued income | 490/1 | €765 | €3,295 | +€2,529 | +330.4% |
| Total equity and liabilities | 10/49 | €1,021,544 | €1,006,658 | -€14,885 | -1.5% |
| Equity | 10/15 | €1,003,562 | €990,926 | -€12,635 | -1.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €983,102 | €970,466 | -€12,635 | -1.3% |
| Amounts payable | 17/49 | €17,982 | €15,732 | -€2,250 | -12.5% |
| Amounts payable within one year | 42/48 | €17,982 | €15,732 | -€2,250 | -12.5% |
| Trade debts | 44 | €8,422 | €5,859 | -€2,564 | -30.4% |
| Suppliers | 440/4 | €8,422 | €5,859 | -€2,564 | -30.4% |
| Taxes, remuneration and social security | 45 | €9,478 | €9,792 | +€314 | +3.3% |
| Taxes | 450/3 | €7,133 | €7,447 | +€314 | +4.4% |
| Remuneration and social security | 454/9 | €2,345 | €2,345 | = | 0.0% |
| Other amounts payable | 47/48 | €81 | €81 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,526 | €27,212 | +€686 | +2.6% |
| Other operating charges | 640/8 | €5,676 | €5,776 | +€100 | +1.8% |
| Gross operating margin | 9900 | €16,921 | €19,422 | +€2,501 | +14.8% |
| Operating profit (loss) | 9901 | -€15,280 | -€13,566 | +€1,714 | +11.2% |
| Financial income | 75/76B | - | €1,584 | +€1,584 | |
| Recurring financial income | 75 | - | €1,584 | +€1,584 | |
| Financial charges | 65/66B | €105 | €109 | +€4 | +3.6% |
| Recurring financial charges | 65 | €105 | €109 | +€4 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,386 | -€12,091 | +€3,295 | +21.4% |
| Income taxes | 67/77 | €645 | €545 | -€100 | -15.6% |
| Profit (loss) for the period | 9904 | -€16,031 | -€12,635 | +€3,395 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,031 | -€12,635 | +€3,395 | +21.2% |
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 7 October 2026 via checked.be.