POLYTOOLS: 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.
POLYTOOLS
Largest movements
- Cash -€42,226
down €42,226 (-6.6%), from €642,599 to €600,373
mainly Investment in fixed assets (net) (-€90,464) and Contributions, distributions and other (-€55,923)
- Tangible fixed assets +€40,710
up €40,710 (+23.0%), from €177,229 to €217,939
of which Furniture and vehicles: +€54,687
- Reserves -€57,800
down €57,800 (-7.3%), from €787,136 to €729,336
of which Distributable reserves: -€57,800
- Debts after one year +€38,784
up €38,784 (+72.8%), from €53,299 to €92,083
- Current portion of long-term debt +€11,870
up €11,870 (+44.4%), from €26,708 to €38,578
- Financial charges -€38,091
down €38,091 (-88.9%), from €42,860 to €4,770
- Gross operating margin -€24,881
down €24,881 (-38.4%), from €64,754 to €39,873
- Depreciation +€6,802
up €6,802 (+15.8%), from €42,952 to €49,754
- Other operating charges -€6,632
down €6,632 (-70.8%), from €9,367 to €2,735
- Staff costs -€1,479
no longer reported in 2025 (was €1,479)
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 | €897,939 | €893,461 | -€4,479 | -0.5% |
| Fixed assets | 21/28 | €182,379 | €223,089 | +€40,710 | +22.3% |
| Tangible fixed assets | 22/27 | €177,229 | €217,939 | +€40,710 | +23.0% |
| Plant, machinery and equipment | 23 | €7,612 | €5,148 | -€2,464 | -32.4% |
| Furniture and vehicles | 24 | €97,926 | €152,613 | +€54,687 | +55.8% |
| Other tangible fixed assets | 26 | €71,691 | €60,178 | -€11,513 | -16.1% |
| Financial fixed assets | 28 | €5,150 | €5,150 | = | 0.0% |
| Current assets | 29/58 | €715,560 | €670,372 | -€45,188 | -6.3% |
| Stocks and contracts in progress | 3 | €54,135 | €50,180 | -€3,955 | -7.3% |
| Stocks | 30/36 | €54,135 | €50,180 | -€3,955 | -7.3% |
| Amounts receivable within one year | 40/41 | €16,506 | €16,312 | -€194 | -1.2% |
| Trade receivables | 40 | €11,031 | €11,239 | +€208 | +1.9% |
| Other amounts receivable | 41 | €5,475 | €5,073 | -€402 | -7.3% |
| Cash at bank and in hand | 54/58 | €642,599 | €600,373 | -€42,226 | -6.6% |
| Deferred charges and accrued income | 490/1 | €2,320 | €3,507 | +€1,187 | +51.1% |
| Total equity and liabilities | 10/49 | €897,939 | €893,461 | -€4,479 | -0.5% |
| Equity | 10/15 | €793,334 | €735,533 | -€57,800 | -7.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €787,136 | €729,336 | -€57,800 | -7.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €787,136 | €729,336 | -€57,800 | -7.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €104,605 | €157,927 | +€53,322 | +51.0% |
| Amounts payable after more than one year | 17 | €53,299 | €92,083 | +€38,784 | +72.8% |
| Financial debts | 170/4 | €53,299 | €92,083 | +€38,784 | +72.8% |
| Amounts payable within one year | 42/48 | €51,307 | €65,844 | +€14,538 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | €26,708 | €38,578 | +€11,870 | +44.4% |
| Trade debts | 44 | €1,268 | €6,347 | +€5,079 | +401% |
| Suppliers | 440/4 | €1,268 | €6,347 | +€5,079 | +401% |
| Taxes, remuneration and social security | 45 | €15,252 | €12,478 | -€2,774 | -18.2% |
| Taxes | 450/3 | €15,252 | €12,478 | -€2,774 | -18.2% |
| Other amounts payable | 47/48 | €8,079 | €8,442 | +€363 | +4.5% |
| Remuneration, social security and pensions | 62 | €1,479 | - | -€1,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,952 | €49,754 | +€6,802 | +15.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €9,367 | €2,735 | -€6,632 | -70.8% |
| Non-recurring operating charges | 66A | €0 | €432 | +€432 | |
| Gross operating margin | 9900 | €64,754 | €39,873 | -€24,881 | -38.4% |
| Operating profit (loss) | 9901 | €10,956 | -€13,049 | -€24,004 | |
| Financial income | 75/76B | €17,121 | €16,183 | -€938 | -5.5% |
| Recurring financial income | 75 | €17,121 | €16,183 | -€938 | -5.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €42,860 | €4,770 | -€38,091 | -88.9% |
| Recurring financial charges | 65 | €42,860 | €4,770 | -€38,091 | -88.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,784 | -€1,635 | +€13,149 | +88.9% |
| Income taxes | 67/77 | €641 | €242 | -€399 | -62.2% |
| Profit (loss) for the period | 9904 | -€15,425 | -€1,877 | +€13,547 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,425 | -€1,877 | +€13,547 | +87.8% |
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 13 October 2026 via checked.be.