POLY TECHNICS: 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.
POLY TECHNICS
Largest movements
- Receivables within one year -€7,794
down €7,794 (-17.0%), from €45,876 to €38,082
of which Trade receivables: -€5,988
- Stocks and contracts +€4,564
up €4,564 (+82.3%), from €5,542 to €10,107
of which Contracts in progress: +€4,564
- Deferred charges and accrued income +€1,934
up €1,934 (+132.3%), from €1,461 to €3,395
- Tangible fixed assets -€937
down €937 (-30.8%), from €3,039 to €2,102
- Short-term financial debts +€15,503
up €15,503 (+234.2%), from €6,619 to €22,122
- Profit (loss) carried forward -€8,937
down €8,937, from €1,114 to -€7,823
- Trade debts -€5,478
down €5,478 (-31.9%), from €17,198 to €11,720
- Tax, wage and social debts -€1,717
down €1,717 (-59.7%), from €2,876 to €1,159
- Accrued charges and deferred income -€1,000
down €1,000 (-100.0%), from €1,000 to €0
- Gross operating margin -€14,559
down €14,559, from €9,911 to -€4,647
- Taxes -€1,513
down €1,513 (-86.2%), from €1,755 to €242
- Financial charges -€518
down €518 (-20.9%), from €2,478 to €1,960
- Other operating charges +€181
up €181 (+15.3%), from €1,182 to €1,362
- Financial income +€123
up €123 (+139.4%), from €88 to €211
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 | €55,918 | €53,685 | -€2,233 | -4.0% |
| Fixed assets | 21/28 | €3,039 | €2,102 | -€937 | -30.8% |
| Tangible fixed assets | 22/27 | €3,039 | €2,102 | -€937 | -30.8% |
| Furniture and vehicles | 24 | €3,039 | €2,102 | -€937 | -30.8% |
| Current assets | 29/58 | €52,879 | €51,583 | -€1,296 | -2.5% |
| Stocks and contracts in progress | 3 | €5,542 | €10,107 | +€4,564 | +82.3% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Contracts in progress | 37 | €542 | €5,107 | +€4,564 | +841.4% |
| Amounts receivable within one year | 40/41 | €45,876 | €38,082 | -€7,794 | -17.0% |
| Trade receivables | 40 | €37,084 | €31,095 | -€5,988 | -16.1% |
| Other amounts receivable | 41 | €8,792 | €6,986 | -€1,806 | -20.5% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €1,461 | €3,395 | +€1,934 | +132.3% |
| Total equity and liabilities | 10/49 | €55,918 | €53,685 | -€2,233 | -4.0% |
| Equity | 10/15 | €23,114 | €14,177 | -€8,937 | -38.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,114 | -€7,823 | -€8,937 | |
| Amounts payable | 17/49 | €32,804 | €39,508 | +€6,704 | +20.4% |
| Amounts payable within one year | 42/48 | €31,804 | €39,508 | +€7,704 | +24.2% |
| Financial debts | 43 | €6,619 | €22,122 | +€15,503 | +234.2% |
| Credit institutions | 430/8 | €6,619 | €22,122 | +€15,503 | +234.2% |
| Trade debts | 44 | €17,198 | €11,720 | -€5,478 | -31.9% |
| Suppliers | 440/4 | €17,198 | €11,720 | -€5,478 | -31.9% |
| Advances received on contracts in progress | 46 | €4,507 | €4,507 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,876 | €1,159 | -€1,717 | -59.7% |
| Taxes | 450/3 | €2,876 | €1,159 | -€1,717 | -59.7% |
| Other amounts payable | 47/48 | €604 | €0 | -€604 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,000 | €0 | -€1,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €836 | €937 | +€101 | +12.0% |
| Other operating charges | 640/8 | €1,182 | €1,362 | +€181 | +15.3% |
| Gross operating margin | 9900 | €9,911 | -€4,647 | -€14,559 | |
| Operating profit (loss) | 9901 | €7,894 | -€6,946 | -€14,840 | |
| Financial income | 75/76B | €88 | €211 | +€123 | +139.4% |
| Recurring financial income | 75 | €88 | €211 | +€123 | +139.4% |
| Financial charges | 65/66B | €2,478 | €1,960 | -€518 | -20.9% |
| Recurring financial charges | 65 | €2,478 | €1,960 | -€518 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €5,504 | -€8,695 | -€14,199 | |
| Income taxes | 67/77 | €1,755 | €242 | -€1,513 | -86.2% |
| Profit (loss) for the period | 9904 | €3,749 | -€8,937 | -€12,686 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,749 | -€8,937 | -€12,686 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.