POLYGONES E.R.I.: 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.
POLYGONES E.R.I.
Largest movements
- Receivables within one year +€9,996
up €9,996 (+142%), from €7,034 to €17,030
of which Trade receivables: +€6,606
- Cash -€8,911
down €8,911 (-45.9%), from €19,429 to €10,518
mainly Receivables within one year (-€9,996) and Contributions, distributions and other (-€4,859)
- Other debts +€4,167
up €4,167 (+500%), from €833 to €5,000
- Profit (loss) carried forward -€2,863
down €2,863 (-9.6%), from €29,921 to €27,058
- Tax, wage and social debts -€1,113
down €1,113 (-9.0%), from €12,299 to €11,187
- Turnover -€99,103
no longer reported in 2025 (was €99,103)
- Purchases and services -€61,218
no longer reported in 2025 (was €61,218)
- Gross operating margin -€33,673
down €33,673 (-88.4%), from €38,102 to €4,429
- Taxes -€7,742
down €7,742 (-69.4%), from €11,159 to €3,417
- Financial income +€1,127
up €1,127 (+227%), from €496 to €1,623
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 | €74,282 | €74,478 | +€196 | +0.3% |
| Fixed assets | 21/28 | €2,716 | €2,244 | -€472 | -17.4% |
| Tangible fixed assets | 22/27 | €2,716 | €2,244 | -€472 | -17.4% |
| Furniture and vehicles | 24 | €1,187 | €715 | -€472 | -39.8% |
| Other tangible fixed assets | 26 | €1,529 | €1,529 | = | 0.0% |
| Current assets | 29/58 | €71,567 | €72,234 | +€667 | +0.9% |
| Amounts receivable within one year | 40/41 | €7,034 | €17,030 | +€9,996 | +142% |
| Trade receivables | 40 | €4,609 | €11,215 | +€6,606 | +143% |
| Other amounts receivable | 41 | €2,425 | €5,815 | +€3,390 | +140% |
| Current investments | 50/53 | €45,000 | €44,686 | -€314 | -0.7% |
| Cash at bank and in hand | 54/58 | €19,429 | €10,518 | -€8,911 | -45.9% |
| Deferred charges and accrued income | 490/1 | €104 | €0 | -€104 | -100% |
| Total equity and liabilities | 10/49 | €74,282 | €74,478 | +€196 | +0.3% |
| Equity | 10/15 | €60,921 | €58,058 | -€2,863 | -4.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,921 | €27,058 | -€2,863 | -9.6% |
| Amounts payable | 17/49 | €13,361 | €16,420 | +€3,058 | +22.9% |
| Amounts payable within one year | 42/48 | €13,361 | €16,420 | +€3,058 | +22.9% |
| Trade debts | 44 | €229 | €233 | +€4 | +1.8% |
| Suppliers | 440/4 | €229 | €233 | +€4 | +1.8% |
| Taxes, remuneration and social security | 45 | €12,299 | €11,187 | -€1,113 | -9.0% |
| Taxes | 450/3 | €12,299 | €11,187 | -€1,113 | -9.0% |
| Other amounts payable | 47/48 | €833 | €5,000 | +€4,167 | +500% |
| Turnover | 70 | €99,103 | - | -€99,103 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €61,218 | - | -€61,218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €472 | €472 | = | 0.0% |
| Other operating charges | 640/8 | - | €75 | +€75 | |
| Gross operating margin | 9900 | €38,102 | €4,429 | -€33,673 | -88.4% |
| Operating profit (loss) | 9901 | €37,630 | €3,882 | -€33,748 | -89.7% |
| Financial income | 75/76B | €496 | €1,623 | +€1,127 | +227% |
| Recurring financial income | 75 | €496 | €1,623 | +€1,127 | +227% |
| Financial charges | 65/66B | -€143 | €91 | +€234 | |
| Recurring financial charges | 65 | -€143 | €91 | +€234 | |
| Profit (loss) for the period before taxes | 9903 | €38,269 | €5,414 | -€32,855 | -85.9% |
| Income taxes | 67/77 | €11,159 | €3,417 | -€7,742 | -69.4% |
| Profit (loss) for the period | 9904 | €27,109 | €1,997 | -€25,113 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,109 | €1,997 | -€25,113 | -92.6% |
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 24 October 2026 via checked.be.