POLY-TECH TIENEN: 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.
POLY-TECH TIENEN
Largest movements
- Tangible fixed assets +€18,554
up €18,554 (+637.3%), from €2,911 to €21,465
of which Furniture and vehicles: +€17,571
- Receivables within one year +€11,452
up €11,452 (+13.2%), from €86,923 to €98,375
of which Other amounts receivable: +€21,720
- Cash +€9,977
new in 2025: €9,977
mainly Net result for the year (+€23,074) and Debts after one year (+€14,455)
- Deferred charges and accrued income +€2,610
up €2,610 (+987.3%), from €264 to €2,875
- Profit (loss) carried forward +€22,241
up €22,241 (+47.9%), from €46,390 to €68,631
- Debts after one year +€14,455
new in 2025: €14,455
of which Financial debts: +€12,655
- Tax, wage and social debts +€9,518
up €9,518 (+69.7%), from €13,647 to €23,165
- Short-term financial debts -€9,145
down €9,145 (-100.0%), from €9,145 to €0
- Current portion of long-term debt +€4,017
new in 2025: €4,017
- Gross operating margin -€7,772
down €7,772 (-18.7%), from €41,591 to €33,818
- Financial income +€1,748
up €1,748 (+57.1%), from €3,064 to €4,813
- Taxes -€1,438
down €1,438 (-12.9%), from €11,127 to €9,688
- Other operating charges +€1,043
up €1,043 (+119.0%), from €876 to €1,919
- Financial charges -€629
down €629 (-23.8%), from €2,640 to €2,011
of which Financial charges: -€523
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 | €90,099 | €132,692 | +€42,593 | +47.3% |
| Fixed assets | 21/28 | €2,911 | €21,465 | +€18,554 | +637.3% |
| Tangible fixed assets | 22/27 | €2,911 | €21,465 | +€18,554 | +637.3% |
| Plant, machinery and equipment | 23 | €2,911 | €3,894 | +€983 | +33.8% |
| Furniture and vehicles | 24 | - | €17,571 | +€17,571 | |
| Current assets | 29/58 | €87,188 | €111,227 | +€24,039 | +27.6% |
| Amounts receivable within one year | 40/41 | €86,923 | €98,375 | +€11,452 | +13.2% |
| Trade receivables | 40 | €17,435 | €7,168 | -€10,268 | -58.9% |
| Other amounts receivable | 41 | €69,488 | €91,208 | +€21,720 | +31.3% |
| Cash at bank and in hand | 54/58 | - | €9,977 | +€9,977 | |
| Deferred charges and accrued income | 490/1 | €264 | €2,875 | +€2,610 | +987.3% |
| Total equity and liabilities | 10/49 | €90,099 | €132,692 | +€42,593 | +47.3% |
| Equity | 10/15 | €64,990 | €87,231 | +€22,241 | +34.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,390 | €68,631 | +€22,241 | +47.9% |
| Amounts payable | 17/49 | €25,109 | €45,461 | +€20,352 | +81.1% |
| Amounts payable after more than one year | 17 | - | €14,455 | +€14,455 | |
| Financial debts | 170/4 | - | €12,655 | +€12,655 | |
| Other amounts payable | 178/9 | - | €1,800 | +€1,800 | |
| Amounts payable within one year | 42/48 | €24,822 | €30,710 | +€5,888 | +23.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,017 | +€4,017 | |
| Financial debts | 43 | €9,145 | €0 | -€9,145 | -100.0% |
| Credit institutions | 430/8 | €9,145 | €0 | -€9,145 | -100.0% |
| Trade debts | 44 | €1,351 | €2,945 | +€1,594 | +118.0% |
| Suppliers | 440/4 | €1,351 | €2,945 | +€1,594 | +118.0% |
| Taxes, remuneration and social security | 45 | €13,647 | €23,165 | +€9,518 | +69.7% |
| Taxes | 450/3 | €13,647 | €23,165 | +€9,518 | +69.7% |
| Other amounts payable | 47/48 | €680 | €583 | -€97 | -14.3% |
| Accrued charges and deferred income | 492/3 | €287 | €296 | +€9 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,615 | €1,585 | -€30 | -1.9% |
| Other operating charges | 640/8 | €876 | €1,919 | +€1,043 | +119.0% |
| Non-recurring operating charges | 66A | - | €353 | +€353 | |
| Gross operating margin | 9900 | €41,591 | €33,818 | -€7,772 | -18.7% |
| Operating profit (loss) | 9901 | €39,099 | €29,961 | -€9,138 | -23.4% |
| Financial income | 75/76B | €3,064 | €4,813 | +€1,748 | +57.1% |
| Recurring financial income | 75 | €3,064 | €4,813 | +€1,748 | +57.1% |
| Financial charges | 65/66B | €2,640 | €2,011 | -€629 | -23.8% |
| Recurring financial charges | 65 | €2,534 | €2,011 | -€523 | -20.6% |
| Non-recurring financial charges | 66B | €106 | - | -€106 | |
| Profit (loss) for the period before taxes | 9903 | €39,523 | €32,762 | -€6,761 | -17.1% |
| Income taxes | 67/77 | €11,127 | €9,688 | -€1,438 | -12.9% |
| Profit (loss) for the period | 9904 | €28,396 | €23,074 | -€5,322 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,396 | €23,074 | -€5,322 | -18.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.