POLYGONE ANTWERP: 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.
POLYGONE ANTWERP
Largest movements
- Cash +€37,832
up €37,832 (+19271.4%), from €196 to €38,028
mainly Other debts (+€40,347) and Receivables within one year (+€1,730)
- Receivables within one year -€1,730
down €1,730 (-47.7%), from €3,630 to €1,900
- Other debts +€40,347
up €40,347 (+34.0%), from €118,733 to €159,080
- Tax, wage and social debts -€3,358
down €3,358 (-71.5%), from €4,697 to €1,339
- Profit (loss) carried forward -€1,603
down €1,603 (-0.9%), from -€183,671 to -€185,273
- Trade debts +€778
up €778 (+556.6%), from €140 to €918
- Gross operating margin -€4,260
down €4,260 (-79.7%), from €5,345 to €1,085
- Other operating charges -€592
down €592 (-43.8%), from €1,351 to €759
- Taxes -€71
down €71 (-27.6%), from €256 to €185
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 | €4,806 | €40,970 | +€36,164 | +752.5% |
| Current assets | 29/58 | €4,806 | €40,970 | +€36,164 | +752.5% |
| Amounts receivable within one year | 40/41 | €3,630 | €1,900 | -€1,730 | -47.7% |
| Trade receivables | 40 | €3,630 | €1,900 | -€1,730 | -47.7% |
| Cash at bank and in hand | 54/58 | €196 | €38,028 | +€37,832 | +19271.4% |
| Deferred charges and accrued income | 490/1 | €980 | €1,042 | +€62 | +6.4% |
| Total equity and liabilities | 10/49 | €4,806 | €40,970 | +€36,164 | +752.5% |
| Equity | 10/15 | -€118,764 | -€120,367 | -€1,603 | -1.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,907 | €2,907 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,907 | €2,907 | = | 0.0% |
| Legal reserve | 130 | €2,907 | €2,907 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€183,671 | -€185,273 | -€1,603 | -0.9% |
| Amounts payable | 17/49 | €123,570 | €161,337 | +€37,767 | +30.6% |
| Amounts payable within one year | 42/48 | €123,570 | €161,337 | +€37,767 | +30.6% |
| Trade debts | 44 | €140 | €918 | +€778 | +556.6% |
| Suppliers | 440/4 | €140 | €918 | +€778 | +556.6% |
| Taxes, remuneration and social security | 45 | €4,697 | €1,339 | -€3,358 | -71.5% |
| Taxes | 450/3 | €4,697 | €1,339 | -€3,358 | -71.5% |
| Other amounts payable | 47/48 | €118,733 | €159,080 | +€40,347 | +34.0% |
| Other operating charges | 640/8 | €1,351 | €759 | -€592 | -43.8% |
| Non-recurring operating charges | 66A | - | €193 | +€193 | |
| Gross operating margin | 9900 | €5,345 | €1,085 | -€4,260 | -79.7% |
| Operating profit (loss) | 9901 | €3,994 | €133 | -€3,861 | -96.7% |
| Financial charges | 65/66B | €1,555 | €1,550 | -€5 | -0.3% |
| Recurring financial charges | 65 | €1,555 | €1,550 | -€5 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €2,438 | -€1,418 | -€3,856 | |
| Income taxes | 67/77 | €256 | €185 | -€71 | -27.6% |
| Profit (loss) for the period | 9904 | €2,182 | -€1,603 | -€3,785 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,182 | -€1,603 | -€3,785 |
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 2 October 2026 via checked.be.