GARAGE POLYTECH 1: 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.
GARAGE POLYTECH 1
Largest movements
- Cash -€1,183
down €1,183 (-61.5%), from €1,924 to €741
mainly Receivables within one year (-€1,143) and Net result for the year (-€40)
- Receivables within one year +€1,143
up €1,143 (+44.2%), from €2,585 to €3,728
of which Trade receivables: +€1,815
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€3,774
down €3,774, from €3,764 to -€10
- Financial charges -€130
down €130 (-81.2%), from €160 to €30
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.
Cash bridge derived
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 | €4,509 | €4,469 | -€40 | -0.9% |
| Current assets | 29/58 | €4,509 | €4,469 | -€40 | -0.9% |
| Amounts receivable within one year | 40/41 | €2,585 | €3,728 | +€1,143 | +44.2% |
| Trade receivables | 40 | - | €1,815 | +€1,815 | |
| Other amounts receivable | 41 | €2,585 | €1,913 | -€672 | -26.0% |
| Cash at bank and in hand | 54/58 | €1,924 | €741 | -€1,183 | -61.5% |
| Total equity and liabilities | 10/49 | €4,509 | €4,469 | -€40 | -0.9% |
| Equity | 10/15 | €1,794 | €1,754 | -€40 | -2.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,942 | €2,942 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,083 | €1,083 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,740 | -€19,780 | -€40 | -0.2% |
| Amounts payable | 17/49 | €2,715 | €2,715 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,715 | €2,715 | = | 0.0% |
| Other amounts payable | 47/48 | €2,715 | €2,715 | = | 0.0% |
| Gross operating margin | 9900 | €3,764 | -€10 | -€3,774 | |
| Operating profit (loss) | 9901 | €3,764 | -€10 | -€3,774 | |
| Financial charges | 65/66B | €160 | €30 | -€130 | -81.2% |
| Recurring financial charges | 65 | €160 | €30 | -€130 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | €3,604 | -€40 | -€3,645 | |
| Profit (loss) for the period | 9904 | €3,604 | -€40 | -€3,645 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,604 | -€40 | -€3,645 |
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.