POLYRACK BENELUX: 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.
POLYRACK BENELUX
Largest movements
- Receivables within one year -€417,604
down €417,604 (-59.3%), from €704,648 to €287,044
of which Trade receivables: -€460,628
- Cash +€333,272
up €333,272 (+2573.6%), from €12,949 to €346,221
mainly Net result for the year (+€596,156) and Receivables within one year (+€417,604)
- Stocks and contracts +€39,196
up €39,196 (+8.8%), from €442,924 to €482,120
- Trade debts -€217,148
down €217,148 (-64.2%), from €338,124 to €120,976
- Other debts +€100,000
up €100,000, from €0 to €100,000
- Profit (loss) carried forward +€96,156
up €96,156 (+12.3%), from €784,065 to €880,221
- Tax, wage and social debts -€29,851
down €29,851 (-36.1%), from €82,738 to €52,887
of which Taxes: -€35,593
- Turnover +€3.4m
new in 2025: €3.4m
- Purchases and services +€2.3m
new in 2025: €2.3m
- Gross operating margin +€352,267
up €352,267 (+51.0%), from €690,745 to €1.0m
- Taxes +€76,385
up €76,385 (+58.6%), from €130,444 to €206,829
- Staff costs +€38,381
up €38,381 (+20.4%), from €188,114 to €226,495
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 | €1,227,603 | €1,177,237 | -€50,366 | -4.1% |
| Fixed assets | 21/28 | €65,481 | €61,852 | -€3,630 | -5.5% |
| Tangible fixed assets | 22/27 | €60,231 | €56,602 | -€3,630 | -6.0% |
| Plant, machinery and equipment | 23 | €24,860 | €20,144 | -€4,716 | -19.0% |
| Furniture and vehicles | 24 | €25,185 | €28,651 | +€3,466 | +13.8% |
| Other tangible fixed assets | 26 | €10,187 | €7,807 | -€2,380 | -23.4% |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €1,162,121 | €1,115,385 | -€46,736 | -4.0% |
| Stocks and contracts in progress | 3 | €442,924 | €482,120 | +€39,196 | +8.8% |
| Stocks | 30/36 | €442,924 | €482,120 | +€39,196 | +8.8% |
| Amounts receivable within one year | 40/41 | €704,648 | €287,044 | -€417,604 | -59.3% |
| Trade receivables | 40 | €690,982 | €230,354 | -€460,628 | -66.7% |
| Other amounts receivable | 41 | €13,666 | €56,690 | +€43,024 | +314.8% |
| Cash at bank and in hand | 54/58 | €12,949 | €346,221 | +€333,272 | +2573.6% |
| Deferred charges and accrued income | 490/1 | €1,600 | €0 | -€1,600 | -100.0% |
| Total equity and liabilities | 10/49 | €1,227,603 | €1,177,237 | -€50,366 | -4.1% |
| Equity | 10/15 | €804,525 | €900,681 | +€96,156 | +12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €784,065 | €880,221 | +€96,156 | +12.3% |
| Amounts payable | 17/49 | €423,077 | €276,556 | -€146,521 | -34.6% |
| Amounts payable within one year | 42/48 | €420,862 | €273,863 | -€146,999 | -34.9% |
| Trade debts | 44 | €338,124 | €120,976 | -€217,148 | -64.2% |
| Suppliers | 440/4 | €338,124 | €120,976 | -€217,148 | -64.2% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €82,738 | €52,887 | -€29,851 | -36.1% |
| Taxes | 450/3 | €66,038 | €30,444 | -€35,593 | -53.9% |
| Remuneration and social security | 454/9 | €16,700 | €22,443 | +€5,742 | +34.4% |
| Other amounts payable | 47/48 | €0 | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | €2,216 | €2,694 | +€478 | +21.6% |
| Turnover | 70 | - | €3,356,390 | +€3.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,304,600 | +€2.3m | |
| Remuneration, social security and pensions | 62 | €188,114 | €226,495 | +€38,381 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,660 | €13,128 | +€1,467 | +12.6% |
| Other operating charges | 640/8 | €85 | €193 | +€108 | +127.0% |
| Gross operating margin | 9900 | €690,745 | €1,043,012 | +€352,267 | +51.0% |
| Operating profit (loss) | 9901 | €490,885 | €803,196 | +€312,311 | +63.6% |
| Financial income | 75/76B | €1,681 | €738 | -€943 | -56.1% |
| Recurring financial income | 75 | €1,681 | €738 | -€943 | -56.1% |
| Financial charges | 65/66B | €2,029 | €949 | -€1,080 | -53.2% |
| Recurring financial charges | 65 | €2,029 | €949 | -€1,080 | -53.2% |
| Profit (loss) for the period before taxes | 9903 | €490,537 | €802,985 | +€312,448 | +63.7% |
| Income taxes | 67/77 | €130,444 | €206,829 | +€76,385 | +58.6% |
| Profit (loss) for the period | 9904 | €360,093 | €596,156 | +€236,063 | +65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €360,093 | €596,156 | +€236,063 | +65.6% |
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 5 October 2026 via checked.be.