POLYSERV: 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.
POLYSERV
Largest movements
- Cash +€18,932
up €18,932 (+25.1%), from €75,564 to €94,496
mainly Net result for the year (+€22,533) and Receivables within one year (+€17,934)
- Receivables within one year -€17,934
down €17,934 (-39.3%), from €45,578 to €27,644
of which Trade receivables: -€17,918
- Tangible fixed assets -€7,630
down €7,630 (-23.2%), from €32,852 to €25,222
- Profit (loss) carried forward +€22,533
up €22,533 (+61.2%), from €36,805 to €59,338
- Trade debts -€21,648
down €21,648 (-99.7%), from €21,716 to €68
- Tax, wage and social debts -€6,945
down €6,945 (-36.0%), from €19,300 to €12,355
- Debts after one year -€3,713
down €3,713 (-35.2%), from €10,541 to €6,828
- Other debts +€2,000
up €2,000 (+3.5%), from €57,500 to €59,500
- Gross operating margin -€19,493
down €19,493 (-33.1%), from €58,931 to €39,438
- Turnover -€13,187
down €13,187 (-16.1%), from €82,146 to €68,959
- Purchases and services -€10,223
down €10,223 (-25.7%), from €39,744 to €29,521
- Taxes -€8,104
down €8,104 (-50.0%), from €16,215 to €8,111
- Depreciation +€2,569
up €2,569 (+50.8%), from €5,061 to €7,630
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,152 | €149,510 | -€7,642 | -4.9% |
| Fixed assets | 21/28 | €32,852 | €25,222 | -€7,630 | -23.2% |
| Tangible fixed assets | 22/27 | €32,852 | €25,222 | -€7,630 | -23.2% |
| Furniture and vehicles | 24 | €32,852 | €25,222 | -€7,630 | -23.2% |
| Current assets | 29/58 | €124,300 | €124,288 | -€12 | 0.0% |
| Stocks and contracts in progress | 3 | €3,158 | €2,148 | -€1,010 | -32.0% |
| Stocks | 30/36 | €3,158 | €2,148 | -€1,010 | -32.0% |
| Amounts receivable within one year | 40/41 | €45,578 | €27,644 | -€17,934 | -39.3% |
| Trade receivables | 40 | €45,389 | €27,471 | -€17,918 | -39.5% |
| Other amounts receivable | 41 | €189 | €173 | -€16 | -8.5% |
| Cash at bank and in hand | 54/58 | €75,564 | €94,496 | +€18,932 | +25.1% |
| Total equity and liabilities | 10/49 | €157,152 | €149,510 | -€7,642 | -4.9% |
| Equity | 10/15 | €44,512 | €67,045 | +€22,533 | +50.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,510 | €1,510 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €890 | €890 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,805 | €59,338 | +€22,533 | +61.2% |
| Amounts payable | 17/49 | €112,640 | €82,465 | -€30,175 | -26.8% |
| Amounts payable after more than one year | 17 | €10,541 | €6,828 | -€3,713 | -35.2% |
| Financial debts | 170/4 | €10,541 | €6,828 | -€3,713 | -35.2% |
| Amounts payable within one year | 42/48 | €102,099 | €75,637 | -€26,462 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €3,583 | €3,714 | +€131 | +3.7% |
| Trade debts | 44 | €21,716 | €68 | -€21,648 | -99.7% |
| Suppliers | 440/4 | €21,716 | €68 | -€21,648 | -99.7% |
| Taxes, remuneration and social security | 45 | €19,300 | €12,355 | -€6,945 | -36.0% |
| Taxes | 450/3 | €19,300 | €12,355 | -€6,945 | -36.0% |
| Other amounts payable | 47/48 | €57,500 | €59,500 | +€2,000 | +3.5% |
| Turnover | 70 | €82,146 | €68,959 | -€13,187 | -16.1% |
| Non-recurring operating income | 76A | €16,529 | €0 | -€16,529 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €39,744 | €29,521 | -€10,223 | -25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,061 | €7,630 | +€2,569 | +50.8% |
| Other operating charges | 640/8 | €662 | €661 | -€1 | -0.2% |
| Gross operating margin | 9900 | €58,931 | €39,438 | -€19,493 | -33.1% |
| Operating profit (loss) | 9901 | €53,208 | €31,147 | -€22,061 | -41.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €188 | €504 | +€316 | +168.1% |
| Recurring financial charges | 65 | €188 | €504 | +€316 | +168.1% |
| Profit (loss) for the period before taxes | 9903 | €53,020 | €30,644 | -€22,376 | -42.2% |
| Income taxes | 67/77 | €16,215 | €8,111 | -€8,104 | -50.0% |
| Profit (loss) for the period | 9904 | €36,805 | €22,533 | -€14,272 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,805 | €22,533 | -€14,272 | -38.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.