POLYHOME: 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.
POLYHOME
Largest movements
- Stocks and contracts +€167,850
up €167,850 (+28.3%), from €592,586 to €760,435
- Receivables within one year -€117,894
down €117,894 (-77.5%), from €152,115 to €34,221
of which Trade receivables: -€113,599
- Cash +€18,028
up €18,028 (+227.2%), from €7,935 to €25,963
mainly Other debts (+€291,487) and Receivables within one year (+€117,894)
- Other debts +€291,487
up €291,487 (+55.8%), from €522,433 to €813,920
- Trade debts -€214,458
down €214,458 (-94.2%), from €227,560 to €13,102
- Profit (loss) carried forward -€9,509
down €9,509 (-572.3%), from -€1,661 to -€11,170
- Gross operating margin +€1,903
up €1,903 (+58.2%), from -€3,269 to -€1,366
- Other operating charges +€1,875
up €1,875 (+191.2%), from €981 to €2,856
- Financial income +€1,055
up €1,055 (+110.0%), from €959 to €2,014
- Depreciation +€636
up €636 (+9.8%), from €6,516 to €7,152
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 | €776,899 | €844,419 | +€67,520 | +8.7% |
| Fixed assets | 21/28 | €24,006 | €23,561 | -€445 | -1.9% |
| Tangible fixed assets | 22/27 | €14,006 | €13,561 | -€445 | -3.2% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €1,259 | €6,395 | +€5,136 | +408.0% |
| Furniture and vehicles | 24 | €12,130 | €6,636 | -€5,494 | -45.3% |
| Other tangible fixed assets | 26 | €617 | €530 | -€87 | -14.1% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €752,893 | €820,858 | +€67,965 | +9.0% |
| Stocks and contracts in progress | 3 | €592,586 | €760,435 | +€167,850 | +28.3% |
| Contracts in progress | 37 | €592,586 | €760,435 | +€167,850 | +28.3% |
| Amounts receivable within one year | 40/41 | €152,115 | €34,221 | -€117,894 | -77.5% |
| Trade receivables | 40 | €136,906 | €23,307 | -€113,599 | -83.0% |
| Other amounts receivable | 41 | €15,209 | €10,914 | -€4,295 | -28.2% |
| Cash at bank and in hand | 54/58 | €7,935 | €25,963 | +€18,028 | +227.2% |
| Deferred charges and accrued income | 490/1 | €257 | €239 | -€18 | -7.0% |
| Total equity and liabilities | 10/49 | €776,899 | €844,419 | +€67,520 | +8.7% |
| Equity | 10/15 | €26,906 | €17,397 | -€9,509 | -35.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €27,567 | €27,567 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €27,467 | €27,467 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,661 | -€11,170 | -€9,509 | -572.3% |
| Amounts payable | 17/49 | €749,993 | €827,022 | +€77,029 | +10.3% |
| Amounts payable within one year | 42/48 | €749,993 | €827,022 | +€77,029 | +10.3% |
| Trade debts | 44 | €227,560 | €13,102 | -€214,458 | -94.2% |
| Suppliers | 440/4 | €227,560 | €13,102 | -€214,458 | -94.2% |
| Taxes, remuneration and social security | 45 | €0 | €0 | +€0 | |
| Taxes | 450/3 | €0 | €0 | +€0 | |
| Other amounts payable | 47/48 | €522,433 | €813,920 | +€291,487 | +55.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,516 | €7,152 | +€636 | +9.8% |
| Other operating charges | 640/8 | €981 | €2,856 | +€1,875 | +191.2% |
| Gross operating margin | 9900 | -€3,269 | -€1,366 | +€1,903 | +58.2% |
| Operating profit (loss) | 9901 | -€10,766 | -€11,374 | -€608 | -5.6% |
| Financial income | 75/76B | €959 | €2,014 | +€1,055 | +110.0% |
| Recurring financial income | 75 | €959 | €2,014 | +€1,055 | +110.0% |
| Financial charges | 65/66B | €130 | €149 | +€19 | +14.6% |
| Recurring financial charges | 65 | €130 | €149 | +€19 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,937 | -€9,509 | +€428 | +4.3% |
| Income taxes | 67/77 | €1 | €0 | -€1 | -100.0% |
| Profit (loss) for the period | 9904 | -€9,938 | -€9,509 | +€429 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,938 | -€9,509 | +€429 | +4.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.