GROW2POTENTIAL: 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.
GROW2POTENTIAL
Largest movements
- Tangible fixed assets -€15,313
down €15,313 (-23.2%), from €65,968 to €50,655
of which Furniture and vehicles: -€13,554
- Receivables within one year -€9,639
down €9,639 (-35.0%), from €27,570 to €17,931
of which Other amounts receivable: -€9,319
- Cash -€4,069
down €4,069 (-33.5%), from €12,145 to €8,076
mainly Contributions, distributions and other (-€48,016) and Other debts (-€17,404)
- Receivables after one year -€1,248
down €1,248 (-46.8%), from €2,667 to €1,418
- Other debts -€17,404
down €17,404 (-42.0%), from €41,420 to €24,016
- Debts after one year -€12,771
down €12,771 (-43.6%), from €29,291 to €16,520
- Gross operating margin +€6,120
up €6,120 (+8.6%), from €71,210 to €77,330
- Depreciation -€2,603
down €2,603 (-14.5%), from €17,916 to €15,313
- Taxes +€1,899
up €1,899 (+17.3%), from €10,982 to €12,882
- Financial income -€1,302
down €1,302 (-86.6%), from €1,503 to €201
- Financial charges -€1,076
down €1,076 (-47.9%), from €2,247 to €1,171
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 | €112,056 | €81,757 | -€30,299 | -27.0% |
| Fixed assets | 21/28 | €68,968 | €53,655 | -€15,313 | -22.2% |
| Tangible fixed assets | 22/27 | €65,968 | €50,655 | -€15,313 | -23.2% |
| Furniture and vehicles | 24 | €50,310 | €36,756 | -€13,554 | -26.9% |
| Other tangible fixed assets | 26 | €15,658 | €13,900 | -€1,758 | -11.2% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €43,088 | €28,101 | -€14,987 | -34.8% |
| Amounts receivable after more than one year | 29 | €2,667 | €1,418 | -€1,248 | -46.8% |
| Other amounts receivable | 291 | €2,667 | €1,418 | -€1,248 | -46.8% |
| Amounts receivable within one year | 40/41 | €27,570 | €17,931 | -€9,639 | -35.0% |
| Trade receivables | 40 | €16,377 | €16,058 | -€319 | -2.0% |
| Other amounts receivable | 41 | €11,193 | €1,874 | -€9,319 | -83.3% |
| Cash at bank and in hand | 54/58 | €12,145 | €8,076 | -€4,069 | -33.5% |
| Deferred charges and accrued income | 490/1 | €706 | €676 | -€30 | -4.2% |
| Total equity and liabilities | 10/49 | €112,056 | €81,757 | -€30,299 | -27.0% |
| Equity | 10/15 | €14,652 | €14,652 | = | 0.0% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Reserves | 13 | €14,402 | €14,402 | = | 0.0% |
| Distributable reserves | 133 | €14,402 | €14,402 | = | 0.0% |
| Amounts payable | 17/49 | €97,404 | €67,105 | -€30,299 | -31.1% |
| Amounts payable after more than one year | 17 | €29,291 | €16,520 | -€12,771 | -43.6% |
| Financial debts | 170/4 | €29,291 | €16,520 | -€12,771 | -43.6% |
| Amounts payable within one year | 42/48 | €68,113 | €50,584 | -€17,528 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €12,388 | €12,771 | +€383 | +3.1% |
| Trade debts | 44 | €1,597 | €1,194 | -€402 | -25.2% |
| Suppliers | 440/4 | €1,597 | €1,194 | -€402 | -25.2% |
| Taxes, remuneration and social security | 45 | €12,709 | €12,603 | -€105 | -0.8% |
| Taxes | 450/3 | €12,709 | €12,603 | -€105 | -0.8% |
| Other amounts payable | 47/48 | €41,420 | €24,016 | -€17,404 | -42.0% |
| Non-recurring operating income | 76A | €5,871 | - | -€5,871 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,916 | €15,313 | -€2,603 | -14.5% |
| Other operating charges | 640/8 | €148 | €150 | +€2 | +1.4% |
| Gross operating margin | 9900 | €71,210 | €77,330 | +€6,120 | +8.6% |
| Operating profit (loss) | 9901 | €53,146 | €61,867 | +€8,721 | +16.4% |
| Financial income | 75/76B | €1,503 | €201 | -€1,302 | -86.6% |
| Recurring financial income | 75 | €1,503 | €201 | -€1,302 | -86.6% |
| Financial charges | 65/66B | €2,247 | €1,171 | -€1,076 | -47.9% |
| Recurring financial charges | 65 | €2,247 | €1,171 | -€1,076 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | €52,402 | €60,897 | +€8,495 | +16.2% |
| Income taxes | 67/77 | €10,982 | €12,882 | +€1,899 | +17.3% |
| Profit (loss) for the period | 9904 | €41,420 | €48,016 | +€6,596 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,420 | €48,016 | +€6,596 | +15.9% |
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 13 October 2026 via checked.be.