PolyM³: 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.
PolyM³
Largest movements
- Financial fixed assets +€500,000
up €500,000 (+57.9%), from €863,920 to €1.4m
- Cash -€440,006
down €440,006 (-32.5%), from €1.4m to €911,862
mainly Investment in fixed assets (net) (-€500,000) and Contributions, distributions and other (-€52,600)
- Receivables within one year -€51,913
down €51,913 (-83.5%), from €62,181 to €10,268
- Reserves +€33,311
up €33,311 (+1.8%), from €1.8m to €1.8m
- Gross operating margin -€68,603
down €68,603 (-50.3%), from €136,415 to €67,812
- Financial income +€50,004
up €50,004 (+8,065,119%), from €1 to €50,004
- Taxes -€15,989
down €15,989 (-44.8%), from €35,721 to €19,732
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 | €2,277,968 | €2,286,050 | +€8,081 | +0.4% |
| Fixed assets | 21/28 | €863,920 | €1,363,920 | +€500,000 | +57.9% |
| Financial fixed assets | 28 | €863,920 | €1,363,920 | +€500,000 | +57.9% |
| Current assets | 29/58 | €1,414,048 | €922,130 | -€491,919 | -34.8% |
| Amounts receivable within one year | 40/41 | €62,181 | €10,268 | -€51,913 | -83.5% |
| Other amounts receivable | 41 | €62,181 | €10,268 | -€51,913 | -83.5% |
| Cash at bank and in hand | 54/58 | €1,351,868 | €911,862 | -€440,006 | -32.5% |
| Total equity and liabilities | 10/49 | €2,277,968 | €2,286,050 | +€8,081 | +0.4% |
| Equity | 10/15 | €1,830,687 | €1,863,997 | +€33,311 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,812,087 | €1,845,397 | +€33,311 | +1.8% |
| Distributable reserves | 133 | €1,812,087 | €1,845,397 | +€33,311 | +1.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €447,282 | €422,052 | -€25,229 | -5.6% |
| Amounts payable after more than one year | 17 | €350,987 | €338,987 | -€12,000 | -3.4% |
| Financial debts | 170/4 | €268,895 | €268,895 | = | 0.0% |
| Other amounts payable | 178/9 | €82,091 | €70,091 | -€12,000 | -14.6% |
| Amounts payable within one year | 42/48 | €85,226 | €72,197 | -€13,029 | -15.3% |
| Trade debts | 44 | €2,983 | €112 | -€2,871 | -96.3% |
| Suppliers | 440/4 | €2,983 | €112 | -€2,871 | -96.3% |
| Taxes, remuneration and social security | 45 | €13,271 | €4,743 | -€8,528 | -64.3% |
| Taxes | 450/3 | €13,271 | €4,743 | -€8,528 | -64.3% |
| Other amounts payable | 47/48 | €68,971 | €67,342 | -€1,629 | -2.4% |
| Accrued charges and deferred income | 492/3 | €11,070 | €10,869 | -€201 | -1.8% |
| Other operating charges | 640/8 | €1,108 | €1,130 | +€23 | +2.1% |
| Gross operating margin | 9900 | €136,415 | €67,812 | -€68,603 | -50.3% |
| Operating profit (loss) | 9901 | €135,308 | €66,681 | -€68,626 | -50.7% |
| Financial income | 75/76B | €1 | €50,004 | +€50,004 | +8,065,119% |
| Recurring financial income | 75 | €1 | €50,004 | +€50,004 | +8,065,119% |
| Financial charges | 65/66B | €11,165 | €11,043 | -€122 | -1.1% |
| Recurring financial charges | 65 | €11,165 | €11,043 | -€122 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €124,143 | €105,643 | -€18,500 | -14.9% |
| Income taxes | 67/77 | €35,721 | €19,732 | -€15,989 | -44.8% |
| Profit (loss) for the period | 9904 | €88,422 | €85,911 | -€2,511 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €88,422 | €85,911 | -€2,511 | -2.8% |
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 31 October 2026 via checked.be.