DR. BRAM POTARGENT: 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.
DR. BRAM POTARGENT
Largest movements
- Cash +€29,655
up €29,655 (+153%), from €19,436 to €49,091
mainly Net result for the year (+€41,035) and Tax, wage and social debts (+€7,753)
- Receivables within one year +€10,399
up €10,399 (+12,268%), from €85 to €10,484
of which Other amounts receivable: +€10,484
- Deferred charges and accrued income +€5,890
up €5,890 (+114%), from €5,158 to €11,047
- Financial fixed assets +€5,000
new in 2025: €5,000
- Formation expenses -€1,724
down €1,724 (-100%), from €1,724 to €0
- Reserves +€40,202
up €40,202 (+282%), from €14,232 to €54,434
- Tax, wage and social debts +€7,753
up €7,753 (+176%), from €4,405 to €12,158
- Accrued charges and deferred income +€1,300
up €1,300 (+86.7%), from €1,500 to €2,800
- Gross operating margin +€34,045
up €34,045 (+171%), from €19,855 to €53,900
- Taxes +€7,153
up €7,153 (+183%), from €3,905 to €11,058
- Depreciation +€1,224
up €1,224 (+245%), from €499 to €1,724
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 | €26,402 | €75,623 | +€49,220 | +186% |
| Formation expenses | 20 | €1,724 | €0 | -€1,724 | -100% |
| Fixed assets | 21/28 | - | €5,000 | +€5,000 | |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €24,679 | €70,623 | +€45,944 | +186% |
| Amounts receivable within one year | 40/41 | €85 | €10,484 | +€10,399 | +12,268% |
| Trade receivables | 40 | €85 | €0 | -€85 | -100% |
| Other amounts receivable | 41 | - | €10,484 | +€10,484 | |
| Cash at bank and in hand | 54/58 | €19,436 | €49,091 | +€29,655 | +153% |
| Deferred charges and accrued income | 490/1 | €5,158 | €11,047 | +€5,890 | +114% |
| Total equity and liabilities | 10/49 | €26,402 | €75,623 | +€49,220 | +186% |
| Equity | 10/15 | €19,232 | €59,434 | +€40,202 | +209% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,232 | €54,434 | +€40,202 | +282% |
| Distributable reserves | 133 | €14,232 | €54,434 | +€40,202 | +282% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,170 | €16,189 | +€9,019 | +126% |
| Amounts payable within one year | 42/48 | €5,670 | €13,389 | +€7,719 | +136% |
| Trade debts | 44 | €406 | €0 | -€406 | -100% |
| Suppliers | 440/4 | €406 | €0 | -€406 | -100% |
| Taxes, remuneration and social security | 45 | €4,405 | €12,158 | +€7,753 | +176% |
| Taxes | 450/3 | €4,405 | €12,158 | +€7,753 | +176% |
| Other amounts payable | 47/48 | €859 | €1,231 | +€372 | +43.3% |
| Accrued charges and deferred income | 492/3 | €1,500 | €2,800 | +€1,300 | +86.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €499 | €1,724 | +€1,224 | +245% |
| Other operating charges | 640/8 | €322 | €62 | -€260 | -80.7% |
| Gross operating margin | 9900 | €19,855 | €53,900 | +€34,045 | +171% |
| Operating profit (loss) | 9901 | €19,034 | €52,114 | +€33,081 | +174% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €38 | €22 | -€15 | -41.3% |
| Recurring financial charges | 65 | €38 | €22 | -€15 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €18,996 | €52,092 | +€33,096 | +174% |
| Income taxes | 67/77 | €3,905 | €11,058 | +€7,153 | +183% |
| Profit (loss) for the period | 9904 | €15,091 | €41,035 | +€25,943 | +172% |
| Profit (loss) for the period to be appropriated | 9905 | €15,091 | €41,035 | +€25,943 | +172% |
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 18 October 2026 via checked.be.