POLYGONES CONCEPTION: 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.
POLYGONES CONCEPTION
Largest movements
- Receivables within one year -€40,786
down €40,786 (-22.9%), from €177,793 to €137,007
of which Trade receivables: -€41,473
- Cash +€12,821
up €12,821 (+46.0%), from €27,843 to €40,663
mainly Receivables within one year (+€40,786) and Net result for the year (+€2,314)
- Trade debts -€16,824
down €16,824 (-86.4%), from €19,483 to €2,658
- Other debts -€9,319
down €9,319 (-47.7%), from €19,539 to €10,220
- Tax, wage and social debts -€4,136
no longer reported in 2025 (was €4,136)
- Profit (loss) carried forward +€2,314
up €2,314 (+9.5%), from €24,307 to €26,621
- Taxes +€1,170
up €1,170 (+164.4%), from €711 to €1,881
- Gross operating margin +€524
up €524 (+12.9%), from €4,056 to €4,580
- Other operating charges +€200
new in 2025: €200
- Financial charges +€137
up €137 (+285.4%), from €48 to €185
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 | €205,635 | €177,670 | -€27,965 | -13.6% |
| Current assets | 29/58 | €205,635 | €177,670 | -€27,965 | -13.6% |
| Amounts receivable within one year | 40/41 | €177,793 | €137,007 | -€40,786 | -22.9% |
| Trade receivables | 40 | €177,791 | €136,318 | -€41,473 | -23.3% |
| Other amounts receivable | 41 | €2 | €689 | +€687 | +43237.7% |
| Cash at bank and in hand | 54/58 | €27,843 | €40,663 | +€12,821 | +46.0% |
| Total equity and liabilities | 10/49 | €205,635 | €177,670 | -€27,965 | -13.6% |
| Equity | 10/15 | €162,477 | €164,792 | +€2,314 | +1.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €76,197 | €76,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,307 | €26,621 | +€2,314 | +9.5% |
| Amounts payable | 17/49 | €43,158 | €12,879 | -€30,279 | -70.2% |
| Amounts payable within one year | 42/48 | €43,158 | €12,879 | -€30,279 | -70.2% |
| Trade debts | 44 | €19,483 | €2,658 | -€16,824 | -86.4% |
| Suppliers | 440/4 | €19,483 | €2,658 | -€16,824 | -86.4% |
| Taxes, remuneration and social security | 45 | €4,136 | - | -€4,136 | |
| Taxes | 450/3 | €4,136 | - | -€4,136 | |
| Other amounts payable | 47/48 | €19,539 | €10,220 | -€9,319 | -47.7% |
| Other operating charges | 640/8 | - | €200 | +€200 | |
| Gross operating margin | 9900 | €4,056 | €4,580 | +€524 | +12.9% |
| Operating profit (loss) | 9901 | €4,056 | €4,380 | +€324 | +8.0% |
| Financial charges | 65/66B | €48 | €185 | +€137 | +285.4% |
| Recurring financial charges | 65 | €48 | €185 | +€137 | +285.4% |
| Profit (loss) for the period before taxes | 9903 | €4,008 | €4,195 | +€187 | +4.7% |
| Income taxes | 67/77 | €711 | €1,881 | +€1,170 | +164.4% |
| Profit (loss) for the period | 9904 | €3,297 | €2,314 | -€983 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,297 | €2,314 | -€983 | -29.8% |
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 3 October 2026 via checked.be.