POTALA: 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.
POTALA
Largest movements
- Cash +€43,805
up €43,805 (+568.8%), from €7,702 to €51,507
mainly Net result for the year (+€34,760) and Depreciation (+€30,607)
- Intangible fixed assets -€17,800
down €17,800 (-28.6%), from €62,251 to €44,451
- Reserves +€34,545
up €34,545 (+152.0%), from €22,727 to €57,273
- Debts after one year -€29,352
down €29,352 (-7.8%), from €376,006 to €346,653
- Trade debts +€10,794
up €10,794 (+174.8%), from €6,174 to €16,968
- Current portion of long-term debt +€5,253
up €5,253 (+21.0%), from €25,062 to €30,316
- Purchases and services -€537,706
no longer reported in 2025 (was €537,706)
- Gross operating margin +€22,988
up €22,988 (+12.1%), from €190,251 to €213,239
- Financial charges +€12,658
up €12,658 (+347.9%), from €3,638 to €16,296
- Staff costs -€5,350
down €5,350 (-4.6%), from €116,701 to €111,351
- Taxes +€4,182
up €4,182 (+45.1%), from €9,273 to €13,455
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 | €484,803 | €505,037 | +€20,234 | +4.2% |
| Fixed assets | 21/28 | €468,219 | €446,922 | -€21,297 | -4.5% |
| Intangible fixed assets | 21 | €62,251 | €44,451 | -€17,800 | -28.6% |
| Tangible fixed assets | 22/27 | €405,967 | €402,471 | -€3,497 | -0.9% |
| Land and buildings | 22 | €394,025 | €385,730 | -€8,295 | -2.1% |
| Plant, machinery and equipment | 23 | €11,657 | €16,533 | +€4,876 | +41.8% |
| Furniture and vehicles | 24 | €285 | €207 | -€77 | -27.2% |
| Current assets | 29/58 | €16,585 | €58,115 | +€41,530 | +250.4% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,883 | €3,866 | -€4,017 | -51.0% |
| Trade receivables | 40 | €3,658 | €3,866 | +€208 | +5.7% |
| Other amounts receivable | 41 | €4,225 | - | -€4,225 | |
| Cash at bank and in hand | 54/58 | €7,702 | €51,507 | +€43,805 | +568.8% |
| Deferred charges and accrued income | 490/1 | - | €1,742 | +€1,742 | |
| Total equity and liabilities | 10/49 | €484,803 | €505,037 | +€20,234 | +4.2% |
| Equity | 10/15 | €42,841 | €77,601 | +€34,760 | +81.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €22,727 | €57,273 | +€34,545 | +152.0% |
| Distributable reserves | 133 | €22,727 | €57,273 | +€34,545 | +152.0% |
| Profit (loss) carried forward | 14 | €113 | €328 | +€215 | +189.3% |
| Amounts payable | 17/49 | €441,963 | €427,436 | -€14,526 | -3.3% |
| Amounts payable after more than one year | 17 | €376,006 | €346,653 | -€29,352 | -7.8% |
| Financial debts | 170/4 | €376,006 | €346,653 | -€29,352 | -7.8% |
| Amounts payable within one year | 42/48 | €65,957 | €80,783 | +€14,826 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €25,062 | €30,316 | +€5,253 | +21.0% |
| Trade debts | 44 | €6,174 | €16,968 | +€10,794 | +174.8% |
| Suppliers | 440/4 | €6,174 | €16,968 | +€10,794 | +174.8% |
| Taxes, remuneration and social security | 45 | €30,006 | €28,198 | -€1,809 | -6.0% |
| Taxes | 450/3 | €12,877 | €17,533 | +€4,657 | +36.2% |
| Remuneration and social security | 454/9 | €17,130 | €10,664 | -€6,465 | -37.7% |
| Other amounts payable | 47/48 | €4,714 | €5,302 | +€587 | +12.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €537,706 | - | -€537,706 | |
| Remuneration, social security and pensions | 62 | €116,701 | €111,351 | -€5,350 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,277 | €30,607 | -€1,670 | -5.2% |
| Other operating charges | 640/8 | €6,109 | €6,773 | +€664 | +10.9% |
| Gross operating margin | 9900 | €190,251 | €213,239 | +€22,988 | +12.1% |
| Operating profit (loss) | 9901 | €35,164 | €64,507 | +€29,343 | +83.4% |
| Financial income | 75/76B | €588 | €4 | -€584 | -99.4% |
| Recurring financial income | 75 | €1 | €4 | +€2 | +184.7% |
| Non-recurring financial income | 76B | €587 | - | -€587 | |
| Financial charges | 65/66B | €3,638 | €16,296 | +€12,658 | +347.9% |
| Recurring financial charges | 65 | €3,638 | €16,296 | +€12,658 | +347.9% |
| Profit (loss) for the period before taxes | 9903 | €32,113 | €48,215 | +€16,101 | +50.1% |
| Income taxes | 67/77 | €9,273 | €13,455 | +€4,182 | +45.1% |
| Profit (loss) for the period | 9904 | €22,841 | €34,760 | +€11,919 | +52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,841 | €34,760 | +€11,919 | +52.2% |
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 4 October 2026 via checked.be.