POLYMAT: 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.
POLYMAT
Largest movements
- Receivables within one year -€5,420
down €5,420 (-66.3%), from €8,175 to €2,755
- Tax, wage and social debts -€4,603
down €4,603 (-78.0%), from €5,901 to €1,298
- Gross operating margin -€7,323
down €7,323 (-92.1%), from €7,950 to €627
- Taxes -€1,998
down €1,998 (-88.9%), from €2,246 to €248
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 | €246,680 | €241,848 | -€4,833 | -2.0% |
| Fixed assets | 21/28 | €237,978 | €237,978 | = | 0.0% |
| Financial fixed assets | 28 | €237,978 | €237,978 | = | 0.0% |
| Current assets | 29/58 | €8,703 | €3,870 | -€4,833 | -55.5% |
| Amounts receivable within one year | 40/41 | €8,175 | €2,755 | -€5,420 | -66.3% |
| Trade receivables | 40 | €8,175 | €2,755 | -€5,420 | -66.3% |
| Cash at bank and in hand | 54/58 | €528 | €1,115 | +€587 | +111.2% |
| Total equity and liabilities | 10/49 | €246,680 | €241,848 | -€4,833 | -2.0% |
| Equity | 10/15 | €226,250 | €226,282 | +€33 | 0.0% |
| 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 | €164,250 | €164,282 | +€33 | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,739 | €2,739 | = | 0.0% |
| Distributable reserves | 133 | €155,311 | €155,343 | +€33 | 0.0% |
| Amounts payable | 17/49 | €20,431 | €15,566 | -€4,865 | -23.8% |
| Amounts payable within one year | 42/48 | €18,231 | €13,416 | -€4,815 | -26.4% |
| Trade debts | 44 | €4,871 | €4,658 | -€212 | -4.4% |
| Suppliers | 440/4 | €4,871 | €4,658 | -€212 | -4.4% |
| Taxes, remuneration and social security | 45 | €5,901 | €1,298 | -€4,603 | -78.0% |
| Taxes | 450/3 | €5,901 | €1,298 | -€4,603 | -78.0% |
| Other amounts payable | 47/48 | €7,460 | €7,460 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,200 | €2,150 | -€50 | -2.3% |
| Other operating charges | 640/8 | €264 | €267 | +€4 | +1.4% |
| Gross operating margin | 9900 | €7,950 | €627 | -€7,323 | -92.1% |
| Operating profit (loss) | 9901 | €7,687 | €360 | -€7,327 | -95.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €55 | €79 | +€25 | +45.3% |
| Recurring financial charges | 65 | €55 | €79 | +€25 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | €7,632 | €281 | -€7,352 | -96.3% |
| Income taxes | 67/77 | €2,246 | €248 | -€1,998 | -88.9% |
| Profit (loss) for the period | 9904 | €5,386 | €33 | -€5,354 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,386 | €33 | -€5,354 | -99.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.