POLYTECH SERVICES: 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.
POLYTECH SERVICES
Largest movements
- Receivables within one year -€39,785
down €39,785 (-23.6%), from €168,702 to €128,918
of which Trade receivables: -€38,121
- Tangible fixed assets -€10,309
down €10,309 (-66.9%), from €15,401 to €5,092
- Cash +€1,952
up €1,952 (+49.8%), from €3,917 to €5,870
mainly Receivables within one year (+€39,785) and Investment in fixed assets (net) (+€5,220)
- Profit (loss) carried forward -€41,599
down €41,599 (-33.6%), from €123,798 to €82,199
- Tax, wage and social debts -€7,540
down €7,540 (-97.2%), from €7,757 to €217
of which Taxes: -€4,240
- Gross operating margin -€66,541
down €66,541, from €30,440 to -€36,101
- Depreciation -€6,607
down €6,607 (-56.5%), from €11,696 to €5,089
- Taxes -€3,957
no longer reported in 2025 (was €3,957)
- Other operating charges -€1,202
down €1,202 (-80.0%), from €1,502 to €301
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 | €188,107 | €139,879 | -€48,228 | -25.6% |
| Fixed assets | 21/28 | €15,401 | €5,092 | -€10,309 | -66.9% |
| Tangible fixed assets | 22/27 | €15,401 | €5,092 | -€10,309 | -66.9% |
| Furniture and vehicles | 24 | €15,401 | €5,092 | -€10,309 | -66.9% |
| Current assets | 29/58 | €172,706 | €134,787 | -€37,919 | -22.0% |
| Amounts receivable within one year | 40/41 | €168,702 | €128,918 | -€39,785 | -23.6% |
| Trade receivables | 40 | €167,039 | €128,918 | -€38,121 | -22.8% |
| Other amounts receivable | 41 | €1,663 | - | -€1,663 | |
| Cash at bank and in hand | 54/58 | €3,917 | €5,870 | +€1,952 | +49.8% |
| Deferred charges and accrued income | 490/1 | €87 | - | -€87 | |
| Total equity and liabilities | 10/49 | €188,107 | €139,879 | -€48,228 | -25.6% |
| Equity | 10/15 | €131,858 | €90,259 | -€41,599 | -31.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,798 | €82,199 | -€41,599 | -33.6% |
| Amounts payable | 17/49 | €56,249 | €49,620 | -€6,629 | -11.8% |
| Amounts payable within one year | 42/48 | €56,249 | €49,620 | -€6,629 | -11.8% |
| Trade debts | 44 | €13 | €292 | +€279 | +2,165% |
| Suppliers | 440/4 | €13 | €292 | +€279 | +2,165% |
| Taxes, remuneration and social security | 45 | €7,757 | €217 | -€7,540 | -97.2% |
| Taxes | 450/3 | €4,457 | €217 | -€4,240 | -95.1% |
| Remuneration and social security | 454/9 | €3,300 | - | -€3,300 | |
| Other amounts payable | 47/48 | €48,480 | €49,111 | +€631 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,696 | €5,089 | -€6,607 | -56.5% |
| Other operating charges | 640/8 | €1,502 | €301 | -€1,202 | -80.0% |
| Gross operating margin | 9900 | €30,440 | -€36,101 | -€66,541 | |
| Operating profit (loss) | 9901 | €17,242 | -€41,491 | -€58,733 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €119 | €108 | -€11 | -9.0% |
| Recurring financial charges | 65 | €119 | €108 | -€11 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €17,123 | -€41,599 | -€58,722 | |
| Income taxes | 67/77 | €3,957 | - | -€3,957 | |
| Profit (loss) for the period | 9904 | €13,167 | -€41,599 | -€54,765 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,167 | -€41,599 | -€54,765 |
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 14 October 2026 via checked.be.