Polyscopic Works: 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.
Polyscopic Works
Largest movements
- Receivables within one year +€8,599
up €8,599 (+11.4%), from €75,648 to €84,247
of which Other amounts receivable: +€23,317
- Cash +€6,737
up €6,737 (+54.2%), from €12,434 to €19,170
mainly Net result for the year (+€21,016) and Tax, wage and social debts (+€13,538)
- Tangible fixed assets +€6,593
new in 2025: €6,593
- Profit (loss) carried forward +€21,016
up €21,016 (+41.2%), from €51,054 to €72,070
- Tax, wage and social debts +€13,538
up €13,538 (+86.3%), from €15,693 to €29,231
- Trade debts -€12,480
down €12,480 (-59.4%), from €21,014 to €8,534
- Gross operating margin -€38,546
down €38,546 (-61.7%), from €62,425 to €23,880
- Taxes -€7,331
down €7,331 (-56.2%), from €13,051 to €5,720
- Financial income +€2,602
up €2,602 (+114%), from €2,287 to €4,889
- Financial charges +€778
up €778 (+458%), from €170 to €948
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.
Derived cash bridge
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 | €88,762 | €111,169 | +€22,407 | +25.2% |
| Fixed assets | 21/28 | €300 | €6,893 | +€6,593 | +2,198% |
| Tangible fixed assets | 22/27 | - | €6,593 | +€6,593 | |
| Other tangible fixed assets | 26 | - | €6,593 | +€6,593 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €88,462 | €104,276 | +€15,814 | +17.9% |
| Amounts receivable within one year | 40/41 | €75,648 | €84,247 | +€8,599 | +11.4% |
| Trade receivables | 40 | €14,718 | €0 | -€14,718 | -100% |
| Other amounts receivable | 41 | €60,930 | €84,247 | +€23,317 | +38.3% |
| Cash at bank and in hand | 54/58 | €12,434 | €19,170 | +€6,737 | +54.2% |
| Deferred charges and accrued income | 490/1 | €380 | €859 | +€479 | +126% |
| Total equity and liabilities | 10/49 | €88,762 | €111,169 | +€22,407 | +25.2% |
| Equity | 10/15 | €52,054 | €73,070 | +€21,016 | +40.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,054 | €72,070 | +€21,016 | +41.2% |
| Amounts payable | 17/49 | €36,708 | €38,099 | +€1,392 | +3.8% |
| Amounts payable within one year | 42/48 | €36,708 | €37,765 | +€1,058 | +2.9% |
| Trade debts | 44 | €21,014 | €8,534 | -€12,480 | -59.4% |
| Suppliers | 440/4 | €21,014 | €8,534 | -€12,480 | -59.4% |
| Taxes, remuneration and social security | 45 | €15,693 | €29,231 | +€13,538 | +86.3% |
| Taxes | 450/3 | €15,693 | €29,231 | +€13,538 | +86.3% |
| Accrued charges and deferred income | 492/3 | - | €334 | +€334 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €407 | +€407 | |
| Other operating charges | 640/8 | €437 | €678 | +€240 | +55.0% |
| Gross operating margin | 9900 | €62,425 | €23,880 | -€38,546 | -61.7% |
| Operating profit (loss) | 9901 | €61,988 | €22,795 | -€39,193 | -63.2% |
| Financial income | 75/76B | €2,287 | €4,889 | +€2,602 | +114% |
| Recurring financial income | 75 | €2,287 | €4,889 | +€2,602 | +114% |
| Financial charges | 65/66B | €170 | €948 | +€778 | +458% |
| Recurring financial charges | 65 | €170 | €948 | +€778 | +458% |
| Profit (loss) for the period before taxes | 9903 | €64,105 | €26,736 | -€37,369 | -58.3% |
| Income taxes | 67/77 | €13,051 | €5,720 | -€7,331 | -56.2% |
| Profit (loss) for the period | 9904 | €51,054 | €21,016 | -€30,039 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €51,054 | €21,016 | -€30,039 | -58.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.