PolyArtes: 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.
PolyArtes
Largest movements
- Tangible fixed assets -€6,143
down €6,143 (-10.9%), from €56,475 to €50,332
of which Land and buildings: -€3,246
- Cash -€1,782
down €1,782 (-49.5%), from €3,602 to €1,820
mainly Net result for the year (-€12,882) and Debts after one year (-€5,348)
- Profit (loss) carried forward -€12,882
down €12,882 (-77.6%), from -€16,594 to -€29,476
- Tax, wage and social debts +€7,488
up €7,488 (+311.1%), from €2,407 to €9,895
of which Remuneration and social security: +€7,200
- Debts after one year -€5,348
down €5,348 (-14.9%), from €35,795 to €30,447
- Other debts +€2,659
up €2,659 (+10.1%), from €26,215 to €28,874
- Gross operating margin -€7,734
down €7,734, from €2,241 to -€5,493
- Depreciation -€1,641
down €1,641 (-21.1%), from €7,783 to €6,142
- Financial charges -€449
down €449 (-28.5%), from €1,576 to €1,127
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 | €62,081 | €53,929 | -€8,152 | -13.1% |
| Fixed assets | 21/28 | €56,475 | €50,332 | -€6,143 | -10.9% |
| Tangible fixed assets | 22/27 | €56,475 | €50,332 | -€6,143 | -10.9% |
| Land and buildings | 22 | €51,615 | €48,369 | -€3,246 | -6.3% |
| Plant, machinery and equipment | 23 | €742 | €144 | -€598 | -80.6% |
| Furniture and vehicles | 24 | €4,118 | €1,819 | -€2,299 | -55.8% |
| Current assets | 29/58 | €5,606 | €3,597 | -€2,009 | -35.8% |
| Stocks and contracts in progress | 3 | €1,580 | €1,420 | -€160 | -10.1% |
| Stocks | 30/36 | €1,580 | €1,420 | -€160 | -10.1% |
| Amounts receivable within one year | 40/41 | €424 | €357 | -€67 | -15.8% |
| Trade receivables | 40 | €424 | €357 | -€67 | -15.8% |
| Cash at bank and in hand | 54/58 | €3,602 | €1,820 | -€1,782 | -49.5% |
| Total equity and liabilities | 10/49 | €62,081 | €53,929 | -€8,152 | -13.1% |
| Equity | 10/15 | -€8,534 | -€21,416 | -€12,882 | -150.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,594 | -€29,476 | -€12,882 | -77.6% |
| Amounts payable | 17/49 | €70,615 | €75,345 | +€4,730 | +6.7% |
| Amounts payable after more than one year | 17 | €35,795 | €30,447 | -€5,348 | -14.9% |
| Financial debts | 170/4 | €35,795 | €30,447 | -€5,348 | -14.9% |
| Amounts payable within one year | 42/48 | €34,820 | €44,898 | +€10,078 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €4,413 | €4,941 | +€528 | +12.0% |
| Trade debts | 44 | €1,320 | €856 | -€464 | -35.2% |
| Suppliers | 440/4 | €1,320 | €856 | -€464 | -35.2% |
| Advances received on contracts in progress | 46 | €465 | €332 | -€133 | -28.6% |
| Taxes, remuneration and social security | 45 | €2,407 | €9,895 | +€7,488 | +311.1% |
| Taxes | 450/3 | €1,207 | €1,495 | +€288 | +23.9% |
| Remuneration and social security | 454/9 | €1,200 | €8,400 | +€7,200 | +600.0% |
| Other amounts payable | 47/48 | €26,215 | €28,874 | +€2,659 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,783 | €6,142 | -€1,641 | -21.1% |
| Other operating charges | 640/8 | €141 | €144 | +€3 | +2.1% |
| Gross operating margin | 9900 | €2,241 | -€5,493 | -€7,734 | |
| Operating profit (loss) | 9901 | -€5,683 | -€11,779 | -€6,096 | -107.3% |
| Financial income | 75/76B | €44 | €24 | -€20 | -45.5% |
| Recurring financial income | 75 | €44 | €24 | -€20 | -45.5% |
| Financial charges | 65/66B | €1,576 | €1,127 | -€449 | -28.5% |
| Recurring financial charges | 65 | €1,576 | €1,127 | -€449 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,215 | -€12,882 | -€5,667 | -78.5% |
| Profit (loss) for the period | 9904 | -€7,215 | -€12,882 | -€5,667 | -78.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,215 | -€12,882 | -€5,667 | -78.5% |
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 28 September 2026 via checked.be.