POLYSPORT: what changed
Two financial 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.
POLYSPORT
Largest movements
- Tangible fixed assets -€41,570
down €41,570 (-9.5%), from €438,995 to €397,425
of which Land and buildings: -€23,141
- Receivables within one year -€8,950
down €8,950 (-22.2%), from €40,348 to €31,398
of which Trade receivables: -€9,444
- Cash +€6,186
up €6,186 (+482%), from €1,284 to €7,470
mainly Net result for the year (+€87,242) and Depreciation (+€41,570)
- Reserves -€47,000
down €47,000 (-57.7%), from €81,400 to €34,400
- Debts after one year -€37,323
down €37,323 (-77.9%), from €47,915 to €10,592
of which Financial debts: -€41,523
- Profit (loss) carried forward +€37,242
up €37,242 (+55.4%), from €67,280 to €104,522
- Tax, wage and social debts +€34,432
up €34,432 (+250%), from €13,755 to €48,187
- Trade debts -€22,347
down €22,347 (-90.1%), from €24,790 to €2,443
- Depreciation -€44,599
down €44,599 (-51.8%), from €86,169 to €41,570
- Gross operating margin +€24,074
up €24,074 (+14.9%), from €161,193 to €185,267
- Taxes +€21,678
up €21,678 (+170%), from €12,755 to €34,432
- Financial charges -€3,495
down €3,495 (-51.2%), from €6,826 to €3,331
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.
Derived cash bridge
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 | €555,627 | €514,030 | -€41,597 | -7.5% |
| Fixed assets | 21/28 | €513,995 | €472,425 | -€41,570 | -8.1% |
| Tangible fixed assets | 22/27 | €438,995 | €397,425 | -€41,570 | -9.5% |
| Land and buildings | 22 | €368,790 | €345,649 | -€23,141 | -6.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | 0.0% |
| Furniture and vehicles | 24 | €70,205 | €51,776 | -€18,429 | -26.2% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €41,632 | €41,604 | -€28 | -0.1% |
| Amounts receivable within one year | 40/41 | €40,348 | €31,398 | -€8,950 | -22.2% |
| Trade receivables | 40 | €40,175 | €30,731 | -€9,444 | -23.5% |
| Other amounts receivable | 41 | €173 | €667 | +€494 | +286% |
| Cash at bank and in hand | 54/58 | €1,284 | €7,470 | +€6,186 | +482% |
| Deferred charges and accrued income | 490/1 | - | €2,736 | +€2,736 | |
| Total equity and liabilities | 10/49 | €555,627 | €514,030 | -€41,597 | -7.5% |
| Equity | 10/15 | €198,280 | €185,522 | -€12,758 | -6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €31,000 | €28,000 | -€3,000 | -9.7% |
| Reserves | 13 | €81,400 | €34,400 | -€47,000 | -57.7% |
| Distributable reserves | 133 | €81,400 | €34,400 | -€47,000 | -57.7% |
| Profit (loss) carried forward | 14 | €67,280 | €104,522 | +€37,242 | +55.4% |
| Amounts payable | 17/49 | €357,347 | €328,508 | -€28,839 | -8.1% |
| Amounts payable after more than one year | 17 | €47,915 | €10,592 | -€37,323 | -77.9% |
| Financial debts | 170/4 | €47,915 | €6,392 | -€41,523 | -86.7% |
| Other amounts payable | 178/9 | - | €4,200 | +€4,200 | |
| Amounts payable within one year | 42/48 | €309,432 | €303,302 | -€6,130 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €35,616 | €37,323 | +€1,707 | +4.8% |
| Trade debts | 44 | €24,790 | €2,443 | -€22,347 | -90.1% |
| Suppliers | 440/4 | €24,790 | €2,443 | -€22,347 | -90.1% |
| Taxes, remuneration and social security | 45 | €13,755 | €48,187 | +€34,432 | +250% |
| Taxes | 450/3 | €13,755 | €48,187 | +€34,432 | +250% |
| Other amounts payable | 47/48 | €235,271 | €215,349 | -€19,922 | -8.5% |
| Accrued charges and deferred income | 492/3 | - | €14,614 | +€14,614 | |
| Remuneration, social security and pensions | 62 | €919 | €1,706 | +€787 | +85.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,169 | €41,570 | -€44,599 | -51.8% |
| Other operating charges | 640/8 | €15,736 | €16,861 | +€1,125 | +7.1% |
| Non-recurring operating charges | 66A | - | €127 | +€127 | |
| Gross operating margin | 9900 | €161,193 | €185,267 | +€24,074 | +14.9% |
| Operating profit (loss) | 9901 | €58,370 | €125,004 | +€66,634 | +114% |
| Financial income | 75/76B | €10 | €1 | -€9 | -91.0% |
| Recurring financial income | 75 | €10 | €1 | -€9 | -91.0% |
| Financial charges | 65/66B | €6,826 | €3,331 | -€3,495 | -51.2% |
| Recurring financial charges | 65 | €6,826 | €3,331 | -€3,495 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | €51,555 | €121,674 | +€70,120 | +136% |
| Income taxes | 67/77 | €12,755 | €34,432 | +€21,678 | +170% |
| Profit (loss) for the period | 9904 | €38,800 | €87,242 | +€48,442 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €38,800 | €87,242 | +€48,442 | +125% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.