PALYNTECH: what changed
Two fiscal 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.
What changed
PALYNTECH
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€42,622
2024 · €50,784-€8,162
Equity
€9,192
2024 · €13,805-€4,613
Cash
€5,206
2024 · €9,778-€4,572
Balance sheet total
€57,117
2024 · €41,051+€16,066
Largest movements
Assets
- Receivables within one year +€18,097
up €18,097 (+64.5%), from €28,078 to €46,175
of which Trade receivables: +€17,036
- Cash -€4,572
down €4,572 (-46.8%), from €9,778 to €5,206
mainly Contributions, distributions and other (-€47,235) and Receivables within one year (-€18,097)
- Tangible fixed assets +€2,846
up €2,846, from €0 to €2,846
of which Furniture and vehicles: +€2,846
Equity and liabilities
- Trade debts +€11,528
up €11,528 (+755.3%), from €1,526 to €13,054
of which Suppliers: +€11,528
- Tax, wage and social debts +€9,299
up €9,299 (+36.4%), from €25,573 to €34,872
of which Taxes: +€9,299
- Profit (loss) carried forward -€4,613
down €4,613 (-52.4%), from €8,805 to €4,192
Income statement
- Gross operating margin -€9,520
down €9,520 (-13.9%), from €68,337 to €58,817
- Taxes -€2,185
down €2,185 (-16.6%), from €13,163 to €10,978
- Depreciation +€922
up €922 (+280.9%), from €328 to €1,251
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.
Result 2024
€50,784
Gross operating margin
-€9,520
Depreciation
-€922
Other operating charges
+€79
Financial income
+€29
Financial charges
-€12
Taxes
+€2,185
Result 2025
€42,622
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.
From operations
+€46,431
Investment
-€3,768
Financing
-€47,235
Cash 2024
€9,778
From operations (derived)
+€46,431
Net result for the year
+€42,622
Depreciation
+€1,251
Receivables within one year
-€18,097
Deferred charges and accrued income
-€24
Trade debts
+€11,528
Tax, wage and social debts
+€9,299
Other debts
-€147
Investment (derived)
-€3,768
Investment in fixed assets (net)
-€3,768
Financing
-€47,235
Contributions, distributions and other
-€47,235
Cash 2025
€5,206
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,051 | €57,117 | +€16,066 | +39.1% |
| Formation expenses | 20 | €985 | €657 | -€328 | -33.3% |
| Fixed assets | 21/28 | €0 | €2,846 | +€2,846 | |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €2,846 | +€2,846 | |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €2,846 | +€2,846 | |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €40,066 | €53,615 | +€13,548 | +33.8% |
| Amounts receivable after more than one year | 29 | €0 | €0 | = | |
| Trade receivables | 290 | €0 | €0 | = | |
| Other amounts receivable | 291 | €0 | €0 | = | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | €0 | = | |
| Contracts in progress | 37 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €28,078 | €46,175 | +€18,097 | +64.5% |
| Trade receivables | 40 | €28,078 | €45,114 | +€17,036 | +60.7% |
| Other amounts receivable | 41 | €0 | €1,061 | +€1,061 | |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €9,778 | €5,206 | -€4,572 | -46.8% |
| Deferred charges and accrued income | 490/1 | €2,210 | €2,234 | +€24 | +1.1% |
| Total equity and liabilities | 10/49 | €41,051 | €57,117 | +€16,066 | +39.1% |
| Equity | 10/15 | €13,805 | €9,192 | -€4,613 | -33.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | €0 | = | |
| Reserves | 13 | €0 | €0 | = | |
| Non-distributable reserves | 130/1 | €0 | €0 | = | |
| Reserves not available under the articles | 1311 | €0 | €0 | = | |
| Own shares acquired | 1312 | €0 | €0 | = | |
| Financial assistance | 1313 | €0 | €0 | = | |
| Other | 1319 | €0 | €0 | = | |
| Tax-exempt reserves | 132 | €0 | €0 | = | |
| Distributable reserves | 133 | €0 | €0 | = | |
| Profit (loss) carried forward | 14 | €8,805 | €4,192 | -€4,613 | -52.4% |
| Investment grants | 15 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | €0 | = | |
| Provisions for liabilities and charges | 160/5 | €0 | €0 | = | |
| Pensions and similar obligations | 160 | €0 | €0 | = | |
| Taxes | 161 | €0 | €0 | = | |
| Major repairs and maintenance | 162 | €0 | €0 | = | |
| Environmental obligations | 163 | €0 | €0 | = | |
| Deferred taxes | 168 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,246 | €47,925 | +€20,679 | +75.9% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Financial debts | 170/4 | €0 | €0 | = | |
| Trade debts | 175 | €0 | €0 | = | |
| Advances received on contracts in progress | 176 | €0 | €0 | = | |
| Other amounts payable | 178/9 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €27,246 | €47,925 | +€20,679 | +75.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Other loans | 439 | €0 | €0 | = | |
| Trade debts | 44 | €1,526 | €13,054 | +€11,528 | +755.3% |
| Suppliers | 440/4 | €1,526 | €13,054 | +€11,528 | +755.3% |
| Bills of exchange payable | 441 | €0 | €0 | = | |
| Advances received on contracts in progress | 46 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €25,573 | €34,872 | +€9,299 | +36.4% |
| Taxes | 450/3 | €25,573 | €34,872 | +€9,299 | +36.4% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €147 | €0 | -€147 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €328 | €1,251 | +€922 | +280.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €0 | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | €0 | = | |
| Other operating charges | 640/8 | €479 | €400 | -€79 | -16.5% |
| Non-recurring operating charges | 66A | €0 | €0 | = | |
| Gross operating margin | 9900 | €68,337 | €58,817 | -€9,520 | -13.9% |
| Operating profit (loss) | 9901 | €67,530 | €57,167 | -€10,364 | -15.3% |
| Financial income | 75/76B | €0 | €29 | +€29 | |
| Recurring financial income | 75 | €0 | €29 | +€29 | |
| Non-recurring financial income | 76B | €0 | €0 | = | |
| Financial charges | 65/66B | €3,583 | €3,595 | +€12 | +0.3% |
| Recurring financial charges | 65 | €3,583 | €3,595 | +€12 | +0.3% |
| Non-recurring financial charges | 66B | €0 | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €63,947 | €53,601 | -€10,347 | -16.2% |
| Income taxes | 67/77 | €13,163 | €10,978 | -€2,185 | -16.6% |
| Profit (loss) for the period | 9904 | €50,784 | €42,622 | -€8,162 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,784 | €42,622 | -€8,162 | -16.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.