Polyvijvers - Polyestershop: 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.
Polyvijvers - Polyestershop
Largest movements
- Cash +€62,052
up €62,052 (+176%), from €35,200 to €97,252
mainly Other debts (+€69,098) and Net result for the year (+€63,204)
- Tangible fixed assets -€44,258
down €44,258 (-14.1%), from €314,504 to €270,246
of which Land and buildings: -€23,641
- Intangible fixed assets -€7,090
down €7,090 (-100%), from €7,090 to €0
- Other debts +€69,098
up €69,098 (+323%), from €21,393 to €90,491
- Debts after one year -€53,492
down €53,492 (-20.9%), from €255,888 to €202,396
- Reserves -€20,160
down €20,160 (-10.3%), from €196,672 to €176,512
- Tax, wage and social debts +€8,370
up €8,370 (+42.8%), from €19,559 to €27,929
of which Taxes: +€9,233
- Gross operating margin +€65,080
up €65,080 (+42.3%), from €154,000 to €219,080
- Taxes +€26,286
up €26,286 (+672%), from €3,911 to €30,197
- Staff costs -€8,928
down €8,928 (-16.0%), from €55,712 to €46,785
- Depreciation -€3,961
down €3,961 (-6.9%), from €57,606 to €53,645
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 | €662,789 | €667,508 | +€4,720 | +0.7% |
| Fixed assets | 21/28 | €321,594 | €270,246 | -€51,348 | -16.0% |
| Intangible fixed assets | 21 | €7,090 | €0 | -€7,090 | -100% |
| Tangible fixed assets | 22/27 | €314,504 | €270,246 | -€44,258 | -14.1% |
| Land and buildings | 22 | €259,180 | €235,539 | -€23,641 | -9.1% |
| Plant, machinery and equipment | 23 | €19,535 | €14,593 | -€4,942 | -25.3% |
| Furniture and vehicles | 24 | €35,790 | €20,115 | -€15,675 | -43.8% |
| Current assets | 29/58 | €341,194 | €397,262 | +€56,068 | +16.4% |
| Stocks and contracts in progress | 3 | €285,117 | €281,638 | -€3,479 | -1.2% |
| Stocks | 30/36 | €285,117 | €281,638 | -€3,479 | -1.2% |
| Amounts receivable within one year | 40/41 | €18,626 | €16,248 | -€2,378 | -12.8% |
| Trade receivables | 40 | €11,536 | €16,248 | +€4,712 | +40.8% |
| Other amounts receivable | 41 | €7,089 | €0 | -€7,089 | -100% |
| Cash at bank and in hand | 54/58 | €35,200 | €97,252 | +€62,052 | +176% |
| Deferred charges and accrued income | 490/1 | €2,252 | €2,124 | -€127 | -5.7% |
| Total equity and liabilities | 10/49 | €662,789 | €667,508 | +€4,720 | +0.7% |
| Equity | 10/15 | €215,272 | €195,112 | -€20,160 | -9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €196,672 | €176,512 | -€20,160 | -10.3% |
| Distributable reserves | 133 | €196,672 | €176,512 | -€20,160 | -10.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €97,519 | €95,665 | -€1,854 | -1.9% |
| Provisions for liabilities and charges | 160/5 | €97,519 | €95,665 | -€1,854 | -1.9% |
| Other liabilities and charges | 164/5 | €97,519 | €95,665 | -€1,854 | -1.9% |
| Amounts payable | 17/49 | €349,997 | €376,731 | +€26,734 | +7.6% |
| Amounts payable after more than one year | 17 | €255,888 | €202,396 | -€53,492 | -20.9% |
| Financial debts | 170/4 | €255,888 | €202,396 | -€53,492 | -20.9% |
| Amounts payable within one year | 42/48 | €94,109 | €174,335 | +€80,226 | +85.2% |
| Current portion of amounts payable after more than one year | 42 | €51,597 | €53,492 | +€1,895 | +3.7% |
| Financial debts | 43 | - | €66 | +€66 | |
| Credit institutions | 430/8 | - | €66 | +€66 | |
| Trade debts | 44 | €1,439 | €2,358 | +€919 | +63.8% |
| Suppliers | 440/4 | €1,439 | €2,358 | +€919 | +63.8% |
| Advances received on contracts in progress | 46 | €121 | €0 | -€121 | -100% |
| Taxes, remuneration and social security | 45 | €19,559 | €27,929 | +€8,370 | +42.8% |
| Taxes | 450/3 | €18,213 | €27,446 | +€9,233 | +50.7% |
| Remuneration and social security | 454/9 | €1,346 | €483 | -€863 | -64.1% |
| Other amounts payable | 47/48 | €21,393 | €90,491 | +€69,098 | +323% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €55,712 | €46,785 | -€8,928 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,606 | €53,645 | -€3,961 | -6.9% |
| Other operating charges | 640/8 | €5,256 | €6,515 | +€1,259 | +24.0% |
| Non-recurring operating charges | 66A | €2,840 | €2,786 | -€54 | -1.9% |
| Gross operating margin | 9900 | €154,000 | €219,080 | +€65,080 | +42.3% |
| Operating profit (loss) | 9901 | €32,586 | €109,349 | +€76,763 | +236% |
| Financial income | 75/76B | €562 | €564 | +€2 | +0.4% |
| Recurring financial income | 75 | €562 | €564 | +€2 | +0.4% |
| Financial charges | 65/66B | €18,419 | €16,512 | -€1,908 | -10.4% |
| Recurring financial charges | 65 | €18,419 | €16,512 | -€1,908 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €14,728 | €93,401 | +€78,673 | +534% |
| Income taxes | 67/77 | €3,911 | €30,197 | +€26,286 | +672% |
| Profit (loss) for the period | 9904 | €10,818 | €63,204 | +€52,387 | +484% |
| Profit (loss) for the period to be appropriated | 9905 | €10,818 | €63,204 | +€52,387 | +484% |
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.