POLSTON TECH SERVICES: 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.
POLSTON TECH SERVICES
Largest movements
- Stocks and contracts -€2,138
down €2,138 (-47.0%), from €4,550 to €2,412
- Receivables within one year -€1,877
no longer reported in 2024 (was €1,877)
- Tangible fixed assets -€1,063
down €1,063 (-56.4%), from €1,886 to €823
- Cash -€645
down €645 (-33.6%), from €1,919 to €1,273
mainly Tax, wage and social debts (-€11,984) and Trade debts (-€5,770)
- Profit (loss) carried forward +€15,330
up €15,330 (+42.6%), from -€35,970 to -€20,640
- Tax, wage and social debts -€11,984
down €11,984 (-56.5%), from €21,217 to €9,233
of which Remuneration and social security: -€15,636
- Trade debts -€5,770
down €5,770 (-49.4%), from €11,685 to €5,915
- Other debts -€3,300
no longer reported in 2024 (was €3,300)
- Staff costs -€46,495
down €46,495 (-78.0%), from €59,581 to €13,087
- Purchases and services -€14,995
down €14,995 (-16.8%), from €89,297 to €74,302
- Turnover -€9,912
down €9,912 (-8.6%), from €115,044 to €105,132
- Gross operating margin +€5,085
up €5,085 (+19.7%), from €25,746 to €30,831
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,232 | €4,508 | -€5,723 | -55.9% |
| Fixed assets | 21/28 | €1,886 | €823 | -€1,063 | -56.4% |
| Tangible fixed assets | 22/27 | €1,886 | €823 | -€1,063 | -56.4% |
| Plant, machinery and equipment | 23 | €1,886 | €823 | -€1,063 | -56.4% |
| Current assets | 29/58 | €8,346 | €3,685 | -€4,660 | -55.8% |
| Stocks and contracts in progress | 3 | €4,550 | €2,412 | -€2,138 | -47.0% |
| Stocks | 30/36 | €4,550 | €2,412 | -€2,138 | -47.0% |
| Amounts receivable within one year | 40/41 | €1,877 | - | -€1,877 | |
| Trade receivables | 40 | €1,877 | - | -€1,877 | |
| Cash at bank and in hand | 54/58 | €1,919 | €1,273 | -€645 | -33.6% |
| Total equity and liabilities | 10/49 | €10,232 | €4,508 | -€5,723 | -55.9% |
| Equity | 10/15 | -€25,970 | -€10,640 | +€15,330 | +59.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,970 | -€20,640 | +€15,330 | +42.6% |
| Amounts payable | 17/49 | €36,202 | €15,148 | -€21,054 | -58.2% |
| Amounts payable within one year | 42/48 | €36,202 | €15,148 | -€21,054 | -58.2% |
| Trade debts | 44 | €11,685 | €5,915 | -€5,770 | -49.4% |
| Suppliers | 440/4 | €11,685 | €5,915 | -€5,770 | -49.4% |
| Taxes, remuneration and social security | 45 | €21,217 | €9,233 | -€11,984 | -56.5% |
| Taxes | 450/3 | €1,001 | €4,654 | +€3,653 | +364.8% |
| Remuneration and social security | 454/9 | €20,216 | €4,579 | -€15,636 | -77.3% |
| Other amounts payable | 47/48 | €3,300 | - | -€3,300 | |
| Turnover | 70 | €115,044 | €105,132 | -€9,912 | -8.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €89,297 | €74,302 | -€14,995 | -16.8% |
| Remuneration, social security and pensions | 62 | €59,581 | €13,087 | -€46,495 | -78.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,063 | €1,063 | +€0 | 0.0% |
| Other operating charges | 640/8 | - | €668 | +€668 | |
| Gross operating margin | 9900 | €25,746 | €30,831 | +€5,085 | +19.7% |
| Operating profit (loss) | 9901 | -€34,898 | €16,012 | +€50,911 | |
| Financial charges | 65/66B | €127 | €195 | +€68 | +54.0% |
| Recurring financial charges | 65 | €127 | €195 | +€68 | +54.0% |
| Profit (loss) for the period before taxes | 9903 | -€35,025 | €15,818 | +€50,842 | |
| Income taxes | 67/77 | - | €487 | +€487 | |
| Profit (loss) for the period | 9904 | -€35,025 | €15,330 | +€50,355 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,025 | €15,330 | +€50,355 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.