POT: what changed
Two fiscal 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.
POT
Largest movements
- Tangible fixed assets -€27,238
down €27,238 (-38.4%), from €70,885 to €43,647
of which Land and buildings: -€17,305
- Receivables within one year +€16,250
up €16,250 (+111.5%), from €14,575 to €30,826
of which Other amounts receivable: +€19,558
- Cash -€9,672
down €9,672 (-25.5%), from €37,949 to €28,277
mainly Receivables within one year (-€16,250) and Current portion of long-term debt (-€14,040)
- Current portion of long-term debt -€14,040
down €14,040 (-57.8%), from €24,283 to €10,243
- Debts after one year -€10,243
down €10,243 (-45.1%), from €22,696 to €12,453
- Profit (loss) carried forward +€7,162
up €7,162 (+8.7%), from €82,501 to €89,663
- Trade debts -€2,529
down €2,529 (-15.0%), from €16,837 to €14,308
- Depreciation +€10,994
up €10,994 (+57.5%), from €19,135 to €30,130
- Gross operating margin -€5,323
down €5,323 (-10.9%), from €48,707 to €43,384
- Taxes -€2,984
down €2,984 (-56.7%), from €5,260 to €2,276
- Financial charges -€1,289
down €1,289 (-34.7%), from €3,718 to €2,429
- Other operating charges +€811
up €811 (+95.3%), from €851 to €1,663
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.
Cash bridge derived
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 | €175,799 | €155,951 | -€19,848 | -11.3% |
| Fixed assets | 21/28 | €71,020 | €43,782 | -€27,238 | -38.4% |
| Tangible fixed assets | 22/27 | €70,885 | €43,647 | -€27,238 | -38.4% |
| Land and buildings | 22 | €30,786 | €13,480 | -€17,305 | -56.2% |
| Plant, machinery and equipment | 23 | €3,891 | €5,503 | +€1,613 | +41.4% |
| Furniture and vehicles | 24 | €35,912 | €24,515 | -€11,397 | -31.7% |
| Leasing and similar rights | 25 | €296 | €148 | -€148 | -50.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €104,779 | €112,169 | +€7,390 | +7.1% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €20,404 | €21,094 | +€690 | +3.4% |
| Stocks | 30/36 | €20,404 | €21,094 | +€690 | +3.4% |
| Amounts receivable within one year | 40/41 | €14,575 | €30,826 | +€16,250 | +111.5% |
| Trade receivables | 40 | €3,620 | €312 | -€3,308 | -91.4% |
| Other amounts receivable | 41 | €10,955 | €30,513 | +€19,558 | +178.5% |
| Cash at bank and in hand | 54/58 | €37,949 | €28,277 | -€9,672 | -25.5% |
| Deferred charges and accrued income | 490/1 | €1,851 | €1,972 | +€121 | +6.6% |
| Total equity and liabilities | 10/49 | €175,799 | €155,951 | -€19,848 | -11.3% |
| Equity | 10/15 | €106,481 | €113,643 | +€7,162 | +6.7% |
| Contributions | 10/11 | €21,800 | €21,800 | = | 0.0% |
| Reserves | 13 | €2,180 | €2,180 | = | 0.0% |
| Distributable reserves | 133 | €2,180 | €2,180 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,501 | €89,663 | +€7,162 | +8.7% |
| Amounts payable | 17/49 | €69,318 | €42,307 | -€27,010 | -39.0% |
| Amounts payable after more than one year | 17 | €22,696 | €12,453 | -€10,243 | -45.1% |
| Financial debts | 170/4 | €22,696 | €12,453 | -€10,243 | -45.1% |
| Amounts payable within one year | 42/48 | €46,622 | €29,855 | -€16,768 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €24,283 | €10,243 | -€14,040 | -57.8% |
| Trade debts | 44 | €16,837 | €14,308 | -€2,529 | -15.0% |
| Suppliers | 440/4 | €16,837 | €14,308 | -€2,529 | -15.0% |
| Taxes, remuneration and social security | 45 | €5,502 | €5,304 | -€198 | -3.6% |
| Taxes | 450/3 | €5,502 | €5,304 | -€198 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,135 | €30,130 | +€10,994 | +57.5% |
| Other operating charges | 640/8 | €851 | €1,663 | +€811 | +95.3% |
| Gross operating margin | 9900 | €48,707 | €43,384 | -€5,323 | -10.9% |
| Operating profit (loss) | 9901 | €28,720 | €11,591 | -€17,128 | -59.6% |
| Financial income | 75/76B | €116 | €276 | +€160 | +137.5% |
| Recurring financial income | 75 | €116 | €276 | +€160 | +137.5% |
| Financial charges | 65/66B | €3,718 | €2,429 | -€1,289 | -34.7% |
| Recurring financial charges | 65 | €3,718 | €2,429 | -€1,289 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €25,118 | €9,438 | -€15,679 | -62.4% |
| Income taxes | 67/77 | €5,260 | €2,276 | -€2,984 | -56.7% |
| Profit (loss) for the period | 9904 | €19,858 | €7,162 | -€12,696 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,858 | €7,162 | -€12,696 | -63.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.