POTELBERG ISABELLE: 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.
POTELBERG ISABELLE
Largest movements
- Cash -€13,486
down €13,486 (-82.4%), from €16,366 to €2,880
mainly Investment in fixed assets (net) (-€20,240) and Net result for the year (-€14,783)
- Tangible fixed assets +€7,945
up €7,945 (+92.6%), from €8,578 to €16,523
of which Leasing and similar rights: +€8,361
- Receivables within one year -€2,616
down €2,616 (-91.0%), from €2,875 to €258
of which Trade receivables: -€2,557
- Deferred charges and accrued income -€498
down €498 (-54.5%), from €915 to €417
- Formation expenses -€335
down €335 (-56.0%), from €598 to €263
- Profit (loss) carried forward -€14,783
down €14,783, from €2,279 to -€12,504
- Debts after one year +€10,696
up €10,696 (+633%), from €1,690 to €12,386
- Current portion of long-term debt -€2,165
down €2,165 (-29.6%), from €7,302 to €5,138
- Tax, wage and social debts -€1,974
down €1,974 (-37.1%), from €5,322 to €3,348
of which Taxes: -€3,974
- Other debts -€1,083
down €1,083 (-95.4%), from €1,136 to €53
- Gross operating margin -€4,884
down €4,884 (-21.8%), from €22,422 to €17,538
- Depreciation +€1,389
up €1,389 (+12.4%), from €11,241 to €12,629
- Taxes -€1,020
down €1,020 (-86.2%), from €1,184 to €164
- Financial charges +€738
up €738 (+57.9%), from €1,274 to €2,012
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 | €30,564 | €21,574 | -€8,990 | -29.4% |
| Formation expenses | 20 | €598 | €263 | -€335 | -56.0% |
| Fixed assets | 21/28 | €9,811 | €17,756 | +€7,945 | +81.0% |
| Tangible fixed assets | 22/27 | €8,578 | €16,523 | +€7,945 | +92.6% |
| Land and buildings | 22 | €806 | €580 | -€226 | -28.1% |
| Furniture and vehicles | 24 | €189 | - | -€189 | |
| Leasing and similar rights | 25 | €7,582 | €15,943 | +€8,361 | +110% |
| Financial fixed assets | 28 | €1,233 | €1,233 | = | 0.0% |
| Current assets | 29/58 | €20,155 | €3,555 | -€16,600 | -82.4% |
| Amounts receivable within one year | 40/41 | €2,875 | €258 | -€2,616 | -91.0% |
| Trade receivables | 40 | €2,557 | - | -€2,557 | |
| Other amounts receivable | 41 | €318 | €258 | -€59 | -18.7% |
| Cash at bank and in hand | 54/58 | €16,366 | €2,880 | -€13,486 | -82.4% |
| Deferred charges and accrued income | 490/1 | €915 | €417 | -€498 | -54.5% |
| Total equity and liabilities | 10/49 | €30,564 | €21,574 | -€8,990 | -29.4% |
| Equity | 10/15 | €14,279 | -€504 | -€14,783 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,279 | -€12,504 | -€14,783 | |
| Amounts payable | 17/49 | €16,286 | €22,078 | +€5,793 | +35.6% |
| Amounts payable after more than one year | 17 | €1,690 | €12,386 | +€10,696 | +633% |
| Financial debts | 170/4 | €1,690 | €12,386 | +€10,696 | +633% |
| Amounts payable within one year | 42/48 | €14,595 | €9,692 | -€4,903 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €7,302 | €5,138 | -€2,165 | -29.6% |
| Trade debts | 44 | €835 | €1,154 | +€319 | +38.1% |
| Suppliers | 440/4 | €835 | €1,154 | +€319 | +38.1% |
| Taxes, remuneration and social security | 45 | €5,322 | €3,348 | -€1,974 | -37.1% |
| Taxes | 450/3 | €5,322 | €1,348 | -€3,974 | -74.7% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €1,136 | €53 | -€1,083 | -95.4% |
| Remuneration, social security and pensions | 62 | €1,839 | €1,658 | -€180 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,241 | €12,629 | +€1,389 | +12.4% |
| Other operating charges | 640/8 | €4,771 | €4,773 | +€2 | 0.0% |
| Non-recurring operating charges | 66A | - | €11,085 | +€11,085 | |
| Gross operating margin | 9900 | €22,422 | €17,538 | -€4,884 | -21.8% |
| Operating profit (loss) | 9901 | €4,572 | -€12,607 | -€17,179 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,274 | €2,012 | +€738 | +57.9% |
| Recurring financial charges | 65 | €1,274 | €2,012 | +€738 | +57.9% |
| Profit (loss) for the period before taxes | 9903 | €3,298 | -€14,619 | -€17,916 | |
| Income taxes | 67/77 | €1,184 | €164 | -€1,020 | -86.2% |
| Profit (loss) for the period | 9904 | €2,113 | -€14,783 | -€16,896 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,113 | -€14,783 | -€16,896 |
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 25 October 2026 via checked.be.