POLYTEC: 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.
POLYTEC
Largest movements
- Receivables within one year -€42,385
down €42,385 (-15.7%), from €269,237 to €226,852
of which Other amounts receivable: -€45,980
- Financial fixed assets +€5,000
up €5,000 (+740.7%), from €675 to €5,675
- Trade debts -€71,463
down €71,463 (-44.5%), from €160,479 to €89,016
- Other debts +€36,028
up €36,028 (+30.8%), from €117,124 to €153,152
- Gross operating margin -€10,794
down €10,794, from €4,699 to -€6,095
- Financial income +€5,900
new in 2025: €5,900
- Staff costs +€553
up €553 (+172.7%), from €320 to €873
- Other operating charges -€246
down €246 (-48.7%), from €505 to €259
- Financial charges +€83
up €83 (+17.1%), from €486 to €569
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €312,603 | €275,218 | -€37,385 | -12.0% |
| Fixed assets | 21/28 | €675 | €5,675 | +€5,000 | +740.7% |
| Financial fixed assets | 28 | €675 | €5,675 | +€5,000 | +740.7% |
| Current assets | 29/58 | €311,928 | €269,543 | -€42,385 | -13.6% |
| Stocks and contracts in progress | 3 | €42,691 | €42,691 | -€0 | 0.0% |
| Stocks | 30/36 | €42,691 | €42,691 | -€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €269,237 | €226,852 | -€42,385 | -15.7% |
| Trade receivables | 40 | €175,139 | €178,734 | +€3,595 | +2.1% |
| Other amounts receivable | 41 | €94,098 | €48,118 | -€45,980 | -48.9% |
| Total equity and liabilities | 10/49 | €312,603 | €275,218 | -€37,385 | -12.0% |
| Equity | 10/15 | €33,521 | €31,624 | -€1,897 | -5.7% |
| Contributions | 10/11 | €12,100 | €12,100 | = | 0.0% |
| Reserves | 13 | €18,033 | €18,033 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,289 | €1,289 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,289 | €1,289 | -€0 | 0.0% |
| Distributable reserves | 133 | €16,744 | €16,744 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €3,388 | €1,491 | -€1,897 | -56.0% |
| Amounts payable | 17/49 | €279,082 | €243,594 | -€35,489 | -12.7% |
| Amounts payable within one year | 42/48 | €279,082 | €243,594 | -€35,489 | -12.7% |
| Financial debts | 43 | €1,430 | €1,377 | -€53 | -3.7% |
| Credit institutions | 430/8 | €1,430 | €1,377 | -€53 | -3.7% |
| Trade debts | 44 | €160,479 | €89,016 | -€71,463 | -44.5% |
| Suppliers | 440/4 | €160,479 | €89,016 | -€71,463 | -44.5% |
| Taxes, remuneration and social security | 45 | €49 | €49 | -€0 | -0.4% |
| Taxes | 450/3 | €49 | €49 | -€0 | -0.4% |
| Other amounts payable | 47/48 | €117,124 | €153,152 | +€36,028 | +30.8% |
| Remuneration, social security and pensions | 62 | €320 | €873 | +€553 | +172.7% |
| Other operating charges | 640/8 | €505 | €259 | -€246 | -48.7% |
| Gross operating margin | 9900 | €4,699 | -€6,095 | -€10,794 | |
| Operating profit (loss) | 9901 | €3,874 | -€7,227 | -€11,101 | |
| Financial income | 75/76B | - | €5,900 | +€5,900 | |
| Recurring financial income | 75 | - | €5,900 | +€5,900 | |
| Financial charges | 65/66B | €486 | €569 | +€83 | +17.1% |
| Recurring financial charges | 65 | €486 | €569 | +€83 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €3,388 | -€1,896 | -€5,284 | |
| Profit (loss) for the period | 9904 | €3,388 | -€1,896 | -€5,284 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,388 | -€1,896 | -€5,284 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.