Polymorphose: 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.
Polymorphose
Largest movements
- Tangible fixed assets +€40,599
up €40,599 (+546.8%), from €7,425 to €48,024
of which Assets under construction and advance payments: +€37,250
- Cash +€13,940
up €13,940 (+394.0%), from €3,538 to €17,478
mainly Contributions, distributions and other (+€48,000) and Other debts (+€24,803)
- Receivables within one year +€8,336
up €8,336 (+87.6%), from €9,520 to €17,856
of which Other amounts receivable: +€4,835
- Deferred charges and accrued income -€4,697
down €4,697 (-66.8%), from €7,029 to €2,332
- Contributions +€48,000
up €48,000 (+2400.0%), from €2,000 to €50,000
- Other debts +€24,803
up €24,803 (+107.5%), from €23,082 to €47,885
- Tax, wage and social debts -€11,967
down €11,967 (-59.8%), from €20,028 to €8,061
of which Remuneration and social security: -€9,144
- Trade debts -€5,256
down €5,256 (-87.5%), from €6,004 to €747
- Profit (loss) carried forward +€4,090
up €4,090 (+15.6%), from -€26,229 to -€22,138
- Gross operating margin +€76,468
up €76,468, from -€29,001 to €47,467
- Staff costs +€38,965
new in 2025: €38,965
- Depreciation +€1,710
up €1,710 (+165.2%), from €1,035 to €2,745
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 | €27,511 | €85,690 | +€58,179 | +211.5% |
| Fixed assets | 21/28 | €7,425 | €48,024 | +€40,599 | +546.8% |
| Tangible fixed assets | 22/27 | €7,425 | €48,024 | +€40,599 | +546.8% |
| Plant, machinery and equipment | 23 | - | €6,094 | +€6,094 | |
| Furniture and vehicles | 24 | €7,425 | €4,680 | -€2,745 | -37.0% |
| Assets under construction and advance payments | 27 | - | €37,250 | +€37,250 | |
| Current assets | 29/58 | €20,086 | €37,666 | +€17,579 | +87.5% |
| Amounts receivable within one year | 40/41 | €9,520 | €17,856 | +€8,336 | +87.6% |
| Trade receivables | 40 | €9,439 | €12,940 | +€3,501 | +37.1% |
| Other amounts receivable | 41 | €81 | €4,915 | +€4,835 | +5993.2% |
| Cash at bank and in hand | 54/58 | €3,538 | €17,478 | +€13,940 | +394.0% |
| Deferred charges and accrued income | 490/1 | €7,029 | €2,332 | -€4,697 | -66.8% |
| Total equity and liabilities | 10/49 | €27,511 | €85,690 | +€58,179 | +211.5% |
| Equity | 10/15 | -€24,229 | €27,862 | +€52,090 | |
| Contributions | 10/11 | €2,000 | €50,000 | +€48,000 | +2400.0% |
| Profit (loss) carried forward | 14 | -€26,229 | -€22,138 | +€4,090 | +15.6% |
| Amounts payable | 17/49 | €51,740 | €57,828 | +€6,088 | +11.8% |
| Amounts payable within one year | 42/48 | €50,952 | €57,828 | +€6,876 | +13.5% |
| Financial debts | 43 | €1,839 | €1,135 | -€705 | -38.3% |
| Credit institutions | 430/8 | €1,839 | €1,135 | -€705 | -38.3% |
| Trade debts | 44 | €6,004 | €747 | -€5,256 | -87.5% |
| Suppliers | 440/4 | €6,004 | €747 | -€5,256 | -87.5% |
| Taxes, remuneration and social security | 45 | €20,028 | €8,061 | -€11,967 | -59.8% |
| Taxes | 450/3 | €5,089 | €2,266 | -€2,823 | -55.5% |
| Remuneration and social security | 454/9 | €14,939 | €5,794 | -€9,144 | -61.2% |
| Other amounts payable | 47/48 | €23,082 | €47,885 | +€24,803 | +107.5% |
| Accrued charges and deferred income | 492/3 | €788 | - | -€788 | |
| Remuneration, social security and pensions | 62 | - | €38,965 | +€38,965 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,035 | €2,745 | +€1,710 | +165.2% |
| Other operating charges | 640/8 | €1,035 | €745 | -€291 | -28.1% |
| Gross operating margin | 9900 | -€29,001 | €47,467 | +€76,468 | |
| Operating profit (loss) | 9901 | -€31,071 | €5,012 | +€36,083 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €57 | €507 | +€450 | +789.1% |
| Recurring financial charges | 65 | €57 | €507 | +€450 | +789.1% |
| Profit (loss) for the period before taxes | 9903 | -€31,128 | €4,505 | +€35,633 | |
| Income taxes | 67/77 | €430 | €415 | -€16 | -3.6% |
| Profit (loss) for the period | 9904 | -€31,558 | €4,090 | +€35,649 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,558 | €4,090 | +€35,649 |
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 28 September 2026 via checked.be.