POLYSON: 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.
POLYSON
Largest movements
- Receivables within one year +€11,619
up €11,619 (+118.3%), from €9,818 to €21,437
of which Trade receivables: +€12,410
- Cash -€5,351
down €5,351 (-66.0%), from €8,109 to €2,758
mainly Receivables within one year (-€11,619) and Other debts (-€6,013)
- Deferred charges and accrued income +€1,247
up €1,247 (+59.2%), from €2,104 to €3,351
- Tangible fixed assets -€659
down €659 (-31.9%), from €2,065 to €1,405
- Profit (loss) carried forward +€6,971
up €6,971 (+22.0%), from -€31,705 to -€24,734
- Other debts -€6,013
down €6,013 (-20.9%), from €28,767 to €22,755
- Trade debts +€3,305
up €3,305 (+81.3%), from €4,068 to €7,373
- Tax, wage and social debts +€2,591
up €2,591 (+105.1%), from €2,466 to €5,057
- Gross operating margin +€2,294
up €2,294 (+27.0%), from €8,502 to €10,796
- Taxes +€658
up €658 (+30.9%), from €2,129 to €2,787
- Financial income -€313
no longer reported in 2025 (was €313)
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 | €22,196 | €29,051 | +€6,855 | +30.9% |
| Fixed assets | 21/28 | €2,165 | €1,505 | -€659 | -30.5% |
| Tangible fixed assets | 22/27 | €2,065 | €1,405 | -€659 | -31.9% |
| Plant, machinery and equipment | 23 | €2,065 | €1,405 | -€659 | -31.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €20,032 | €27,546 | +€7,515 | +37.5% |
| Amounts receivable within one year | 40/41 | €9,818 | €21,437 | +€11,619 | +118.3% |
| Trade receivables | 40 | €9,027 | €21,437 | +€12,410 | +137.5% |
| Other amounts receivable | 41 | €792 | - | -€792 | |
| Cash at bank and in hand | 54/58 | €8,109 | €2,758 | -€5,351 | -66.0% |
| Deferred charges and accrued income | 490/1 | €2,104 | €3,351 | +€1,247 | +59.2% |
| Total equity and liabilities | 10/49 | €22,196 | €29,051 | +€6,855 | +30.9% |
| Equity | 10/15 | -€13,105 | -€6,134 | +€6,971 | +53.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,705 | -€24,734 | +€6,971 | +22.0% |
| Amounts payable | 17/49 | €35,301 | €35,185 | -€116 | -0.3% |
| Amounts payable within one year | 42/48 | €35,301 | €35,185 | -€116 | -0.3% |
| Trade debts | 44 | €4,068 | €7,373 | +€3,305 | +81.3% |
| Suppliers | 440/4 | €4,068 | €7,373 | +€3,305 | +81.3% |
| Taxes, remuneration and social security | 45 | €2,466 | €5,057 | +€2,591 | +105.1% |
| Taxes | 450/3 | €2,466 | €5,057 | +€2,591 | +105.1% |
| Other amounts payable | 47/48 | €28,767 | €22,755 | -€6,013 | -20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €659 | €659 | = | 0.0% |
| Other operating charges | 640/8 | €262 | €218 | -€43 | -16.6% |
| Gross operating margin | 9900 | €8,502 | €10,796 | +€2,294 | +27.0% |
| Operating profit (loss) | 9901 | €7,581 | €9,918 | +€2,337 | +30.8% |
| Financial income | 75/76B | €313 | - | -€313 | |
| Recurring financial income | 75 | €313 | - | -€313 | |
| Financial charges | 65/66B | €176 | €160 | -€17 | -9.4% |
| Recurring financial charges | 65 | €176 | €160 | -€17 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €7,718 | €9,759 | +€2,041 | +26.4% |
| Income taxes | 67/77 | €2,129 | €2,787 | +€658 | +30.9% |
| Profit (loss) for the period | 9904 | €5,589 | €6,971 | +€1,383 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,589 | €6,971 | +€1,383 | +24.7% |
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.