POLYPROTECH: what changed
POLYPROTECH
Largest movements
- Receivables within one year +€37,040
up €37,040 (+79.7%), from €46,473 to €83,514
- Cash -€18,418
down €18,418 (-77.6%), from €23,735 to €5,318
mainly Receivables within one year (-€37,040) and Deferred charges and accrued income (-€1,558)
- Tangible fixed assets -€9,165
down €9,165 (-46.6%), from €19,680 to €10,515
- Deferred charges and accrued income +€1,558
up €1,558 (+85.2%), from €1,828 to €3,387
- Profit (loss) carried forward +€12,033
up €12,033 (+17.3%), from €69,694 to €81,727
- Gross operating margin -€50,702
down €50,702 (-71.0%), from €71,368 to €20,666
- Taxes -€10,672
down €10,672 (-71.9%), from €14,839 to €4,167
- Depreciation +€2,597
up €2,597 (+51.2%), from €5,070 to €7,667
- Financial income +€1,649
up €1,649 (+94.8%), from €1,738 to €3,387
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,717 | €102,734 | +€11,016 | +12.0% |
| Fixed assets | 21/28 | €19,680 | €10,515 | -€9,165 | -46.6% |
| Tangible fixed assets | 22/27 | €19,680 | €10,515 | -€9,165 | -46.6% |
| Furniture and vehicles | 24 | €19,680 | €10,515 | -€9,165 | -46.6% |
| Current assets | 29/58 | €72,037 | €92,218 | +€20,181 | +28.0% |
| Amounts receivable within one year | 40/41 | €46,473 | €83,514 | +€37,040 | +79.7% |
| Other amounts receivable | 41 | €46,473 | €83,514 | +€37,040 | +79.7% |
| Cash at bank and in hand | 54/58 | €23,735 | €5,318 | -€18,418 | -77.6% |
| Deferred charges and accrued income | 490/1 | €1,828 | €3,387 | +€1,558 | +85.2% |
| Total equity and liabilities | 10/49 | €91,717 | €102,734 | +€11,016 | +12.0% |
| Equity | 10/15 | €71,694 | €83,727 | +€12,033 | +16.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,694 | €81,727 | +€12,033 | +17.3% |
| Amounts payable | 17/49 | €20,023 | €19,007 | -€1,017 | -5.1% |
| Amounts payable within one year | 42/48 | €20,023 | €19,007 | -€1,017 | -5.1% |
| Taxes, remuneration and social security | 45 | €20,023 | €19,007 | -€1,017 | -5.1% |
| Taxes | 450/3 | €20,023 | €19,007 | -€1,017 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,070 | €7,667 | +€2,597 | +51.2% |
| Other operating charges | 640/8 | €185 | €90 | -€94 | -51.0% |
| Gross operating margin | 9900 | €71,368 | €20,666 | -€50,702 | -71.0% |
| Operating profit (loss) | 9901 | €66,114 | €12,909 | -€53,205 | -80.5% |
| Financial income | 75/76B | €1,738 | €3,387 | +€1,649 | +94.8% |
| Recurring financial income | 75 | €1,738 | €3,387 | +€1,649 | +94.8% |
| Financial charges | 65/66B | €21 | €96 | +€75 | +356% |
| Recurring financial charges | 65 | €21 | €96 | +€75 | +356% |
| Profit (loss) for the period before taxes | 9903 | €67,831 | €16,200 | -€51,631 | -76.1% |
| Income taxes | 67/77 | €14,839 | €4,167 | -€10,672 | -71.9% |
| Profit (loss) for the period | 9904 | €52,992 | €12,033 | -€40,959 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,992 | €12,033 | -€40,959 | -77.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.