POLYTENT: 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.
POLYTENT
Largest movements
- Receivables within one year +€5,732
up €5,732 (+1.1%), from €514,861 to €520,593
of which Other amounts receivable: +€18,505
- Tax, wage and social debts -€6,183
down €6,183 (-17.5%), from €35,430 to €29,247
of which Taxes: -€8,502
- Gross operating margin +€33,166
up €33,166 (+24.7%), from €134,143 to €167,308
- Staff costs +€26,054
up €26,054 (+19.0%), from €137,326 to €163,380
- Financial income -€5,828
down €5,828 (-36.0%), from €16,168 to €10,340
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €530,727 | €528,370 | -€2,357 | -0.4% |
| Fixed assets | 21/28 | €4,438 | €1,000 | -€3,438 | -77.5% |
| Tangible fixed assets | 22/27 | €3,438 | €0 | -€3,438 | -100.0% |
| Furniture and vehicles | 24 | €3,438 | €0 | -€3,438 | -100.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €526,288 | €527,370 | +€1,082 | +0.2% |
| Amounts receivable within one year | 40/41 | €514,861 | €520,593 | +€5,732 | +1.1% |
| Trade receivables | 40 | €99,844 | €87,071 | -€12,773 | -12.8% |
| Other amounts receivable | 41 | €415,017 | €433,522 | +€18,505 | +4.5% |
| Cash at bank and in hand | 54/58 | €8,935 | €4,114 | -€4,822 | -54.0% |
| Deferred charges and accrued income | 490/1 | €2,492 | €2,663 | +€171 | +6.9% |
| Total equity and liabilities | 10/49 | €530,727 | €528,370 | -€2,357 | -0.4% |
| Equity | 10/15 | €489,776 | €493,063 | +€3,286 | +0.7% |
| Contributions | 10/11 | €598,000 | €598,000 | = | 0.0% |
| Capital | 10 | €598,000 | €598,000 | = | 0.0% |
| Issued capital | 100 | €598,000 | €598,000 | = | 0.0% |
| Reserves | 13 | €3,718 | €3,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Legal reserve | 130 | €3,718 | €3,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,942 | -€108,656 | +€3,286 | +2.9% |
| Amounts payable | 17/49 | €40,950 | €35,307 | -€5,643 | -13.8% |
| Amounts payable within one year | 42/48 | €40,950 | €35,307 | -€5,643 | -13.8% |
| Trade debts | 44 | €5,520 | €6,060 | +€540 | +9.8% |
| Suppliers | 440/4 | €5,520 | €6,060 | +€540 | +9.8% |
| Taxes, remuneration and social security | 45 | €35,430 | €29,247 | -€6,183 | -17.5% |
| Taxes | 450/3 | €27,009 | €18,507 | -€8,502 | -31.5% |
| Remuneration and social security | 454/9 | €8,421 | €10,740 | +€2,319 | +27.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €137,326 | €163,380 | +€26,054 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,447 | €3,438 | -€9 | -0.3% |
| Other operating charges | 640/8 | €1,178 | €1,363 | +€185 | +15.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €134,143 | €167,308 | +€33,166 | +24.7% |
| Operating profit (loss) | 9901 | -€7,809 | -€873 | +€6,936 | +88.8% |
| Financial income | 75/76B | €16,168 | €10,340 | -€5,828 | -36.0% |
| Recurring financial income | 75 | €16,168 | €10,340 | -€5,828 | -36.0% |
| Financial charges | 65/66B | €573 | €759 | +€186 | +32.4% |
| Recurring financial charges | 65 | €573 | €759 | +€186 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €7,786 | €8,708 | +€922 | +11.8% |
| Income taxes | 67/77 | €5,972 | €5,422 | -€550 | -9.2% |
| Profit (loss) for the period | 9904 | €1,814 | €3,286 | +€1,472 | +81.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,814 | €3,286 | +€1,472 | +81.2% |
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 10 October 2026 via checked.be.