Polychrome: what changed
Polychrome
Largest movements
- Tangible fixed assets +€136,315
up €136,315 (+233%), from €58,623 to €194,938
of which Land and buildings: +€139,080
- Cash +€7,782
up €7,782 (+181%), from €4,303 to €12,084
mainly Other debts (+€149,123) and Depreciation (+€18,346)
- Receivables within one year +€5,491
up €5,491 (+43.6%), from €12,600 to €18,092
of which Trade receivables: +€8,870
- Other debts +€149,123
up €149,123 (+183%), from €81,296 to €230,419
- Trade debts +€8,770
new in 2025: €8,770
- Profit (loss) carried forward -€8,507
down €8,507 (-103%), from -€8,243 to -€16,750
- Depreciation +€12,128
up €12,128 (+195%), from €6,218 to €18,346
- Gross operating margin +€9,146
up €9,146 (+323%), from €2,831 to €11,977
- Other operating charges -€3,164
down €3,164 (-72.0%), from €4,396 to €1,232
- Taxes +€398
up €398 (+88.8%), from €448 to €846
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,526 | €225,514 | +€149,988 | +199% |
| Fixed assets | 21/28 | €58,623 | €194,938 | +€136,315 | +233% |
| Tangible fixed assets | 22/27 | €58,623 | €194,938 | +€136,315 | +233% |
| Land and buildings | 22 | - | €139,080 | +€139,080 | |
| Furniture and vehicles | 24 | €58,623 | €45,655 | -€12,968 | -22.1% |
| Other tangible fixed assets | 26 | - | €10,203 | +€10,203 | |
| Current assets | 29/58 | €16,903 | €30,576 | +€13,673 | +80.9% |
| Amounts receivable within one year | 40/41 | €12,600 | €18,092 | +€5,491 | +43.6% |
| Trade receivables | 40 | €8,074 | €16,943 | +€8,870 | +110% |
| Other amounts receivable | 41 | €4,527 | €1,148 | -€3,378 | -74.6% |
| Cash at bank and in hand | 54/58 | €4,303 | €12,084 | +€7,782 | +181% |
| Deferred charges and accrued income | 490/1 | - | €400 | +€400 | |
| Total equity and liabilities | 10/49 | €75,526 | €225,514 | +€149,988 | +199% |
| Equity | 10/15 | -€6,243 | -€14,750 | -€8,507 | -136% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,243 | -€16,750 | -€8,507 | -103% |
| Amounts payable | 17/49 | €81,769 | €240,264 | +€158,496 | +194% |
| Amounts payable within one year | 42/48 | €81,769 | €240,264 | +€158,496 | +194% |
| Financial debts | 43 | €25 | €230 | +€205 | +823% |
| Credit institutions | 430/8 | €25 | €230 | +€205 | +823% |
| Trade debts | 44 | - | €8,770 | +€8,770 | |
| Suppliers | 440/4 | - | €8,770 | +€8,770 | |
| Taxes, remuneration and social security | 45 | €448 | €846 | +€398 | +88.8% |
| Taxes | 450/3 | €448 | €846 | +€398 | +88.8% |
| Other amounts payable | 47/48 | €81,296 | €230,419 | +€149,123 | +183% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,218 | €18,346 | +€12,128 | +195% |
| Other operating charges | 640/8 | €4,396 | €1,232 | -€3,164 | -72.0% |
| Gross operating margin | 9900 | €2,831 | €11,977 | +€9,146 | +323% |
| Operating profit (loss) | 9901 | -€7,783 | -€7,601 | +€182 | +2.3% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.3% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.3% |
| Financial charges | 65/66B | €14 | €61 | +€47 | +347% |
| Recurring financial charges | 65 | €14 | €61 | +€47 | +347% |
| Profit (loss) for the period before taxes | 9903 | -€7,795 | -€7,662 | +€133 | +1.7% |
| Income taxes | 67/77 | €448 | €846 | +€398 | +88.8% |
| Profit (loss) for the period | 9904 | -€8,243 | -€8,507 | -€265 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,243 | -€8,507 | -€265 | -3.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.