Dr. D. Potters: 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. D. Potters
Largest movements
- Current investments +€398,442
up €398,442 (+205%), from €194,175 to €592,617
- Cash -€296,602
down €296,602 (-39.4%), from €752,574 to €455,972
mainly Current investments (-€398,442) and Deferred charges and accrued income (-€14,875)
- Deferred charges and accrued income +€14,875
up €14,875 (+192%), from €7,732 to €22,607
- Reserves +€118,013
up €118,013 (+12.7%), from €927,952 to €1.0m
- Tax, wage and social debts -€11,875
down €11,875 (-32.2%), from €36,881 to €25,006
- Gross operating margin -€16,941
down €16,941 (-8.6%), from €196,613 to €179,672
- Taxes -€10,576
down €10,576 (-17.5%), from €60,473 to €49,897
- Financial income -€8,986
down €8,986 (-76.4%), from €11,766 to €2,780
- Other operating charges +€3,896
up €3,896 (+286%), from €1,363 to €5,259
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 | €984,111 | €1,093,255 | +€109,144 | +11.1% |
| Fixed assets | 21/28 | €29,630 | €22,059 | -€7,571 | -25.6% |
| Tangible fixed assets | 22/27 | €29,430 | €21,859 | -€7,571 | -25.7% |
| Plant, machinery and equipment | 23 | - | €1,051 | +€1,051 | |
| Furniture and vehicles | 24 | €29,430 | €20,808 | -€8,622 | -29.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €954,481 | €1,071,196 | +€116,715 | +12.2% |
| Current investments | 50/53 | €194,175 | €592,617 | +€398,442 | +205% |
| Cash at bank and in hand | 54/58 | €752,574 | €455,972 | -€296,602 | -39.4% |
| Deferred charges and accrued income | 490/1 | €7,732 | €22,607 | +€14,875 | +192% |
| Total equity and liabilities | 10/49 | €984,111 | €1,093,255 | +€109,144 | +11.1% |
| Equity | 10/15 | €940,352 | €1,058,365 | +€118,013 | +12.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €927,952 | €1,045,965 | +€118,013 | +12.7% |
| Distributable reserves | 133 | €927,952 | €1,045,965 | +€118,013 | +12.7% |
| Amounts payable | 17/49 | €43,759 | €34,890 | -€8,869 | -20.3% |
| Amounts payable within one year | 42/48 | €43,642 | €34,698 | -€8,944 | -20.5% |
| Trade debts | 44 | €465 | €249 | -€216 | -46.5% |
| Suppliers | 440/4 | €465 | €249 | -€216 | -46.5% |
| Taxes, remuneration and social security | 45 | €36,881 | €25,006 | -€11,875 | -32.2% |
| Taxes | 450/3 | €36,881 | €25,006 | -€11,875 | -32.2% |
| Other amounts payable | 47/48 | €6,296 | €9,443 | +€3,147 | +50.0% |
| Accrued charges and deferred income | 492/3 | €117 | €192 | +€75 | +64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,621 | €8,767 | +€146 | +1.7% |
| Other operating charges | 640/8 | €1,363 | €5,259 | +€3,896 | +286% |
| Gross operating margin | 9900 | €196,613 | €179,672 | -€16,941 | -8.6% |
| Operating profit (loss) | 9901 | €186,629 | €165,646 | -€20,983 | -11.2% |
| Financial income | 75/76B | €11,766 | €2,780 | -€8,986 | -76.4% |
| Recurring financial income | 75 | €11,766 | €2,780 | -€8,986 | -76.4% |
| Financial charges | 65/66B | €56 | €516 | +€460 | +821% |
| Recurring financial charges | 65 | €56 | €516 | +€460 | +821% |
| Profit (loss) for the period before taxes | 9903 | €198,339 | €167,910 | -€30,429 | -15.3% |
| Income taxes | 67/77 | €60,473 | €49,897 | -€10,576 | -17.5% |
| Profit (loss) for the period | 9904 | €137,866 | €118,013 | -€19,853 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €137,866 | €118,013 | -€19,853 | -14.4% |
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 21 October 2026 via checked.be.