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TECHNICAL POLYGLOT ENGINEERING: 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.

What changed

TECHNICAL POLYGLOT ENGINEERING

BE 0450.827.987
financial year 2019 against 2020filed annual accounts (NBB)
Net result for the year
-€191
2019 · -€770+€578
Equity
-€15,447
2019 · -€15,256-€191
Cash
-
not filed
Balance sheet total
€23
2019 · €23

Largest movements

2019 to 2020
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Equity -€191

      down €191 (-1.3%), from -€15,256 to -€15,447

      of which Contributions: -€18,600

    • Debts within one year +€191

      up €191 (+1.3%), from €15,279 to €15,470

    Income statement

    No income-statement line moved by more than 1% of the activity.

      From the 2019 result to the 2020 result

      effect on the 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.

      Result 2019 -€770
      Financial charges -€27
      Not broken down +€605
      Result 2020 -€191

      Cash bridge derived

      cash 2019 to 2020

      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 15 lines
      Line Code 2019 2020 Change %
      Total assets 20/58 €23 €23 = 0.0%
      Fixed assets 21/28 €23 €23 = 0.0%
      Financial fixed assets 28 €23 €23 = 0.0%
      Total equity and liabilities 10/49 €23 €23 = 0.0%
      Equity 10/15 -€15,256 -€15,447 -€191 -1.3%
      Contributions 10/11 €18,600 - -€18,600
      Reserves 13 €6,860 €6,860 = 0.0%
      Profit (loss) carried forward 14 -€40,716 -€40,907 -€191 -0.5%
      Amounts payable 17/49 €15,279 €15,470 +€191 +1.3%
      Amounts payable within one year 42/48 €15,279 €15,470 +€191 +1.3%
      Operating profit (loss) 9901 -€605 - +€605
      Recurring financial charges 65 €165 €191 +€27 +16.3%
      Profit (loss) for the period before taxes 9903 -€770 -€191 +€578 +75.1%
      Profit (loss) for the period 9904 -€770 -€191 +€578 +75.1%
      Profit (loss) for the period to be appropriated 9905 -€770 -€191 +€578 +75.1%

      Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.