POTENTIAAL: 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.
POTENTIAAL
Largest movements
- Tangible fixed assets +€39,214
up €39,214 (+338%), from €11,591 to €50,805
of which Furniture and vehicles: +€39,573
- Cash -€27,504
down €27,504 (-18.5%), from €148,701 to €121,197
mainly Contributions, distributions and other (-€100,000) and Investment in fixed assets (net) (-€50,015)
- Stocks and contracts +€25,000
up €25,000 (+100%), from €25,000 to €50,000
- Other debts +€85,000
up €85,000 (+8,637%), from €984 to €85,984
- Reserves -€82,867
down €82,867 (-39.6%), from €209,352 to €126,485
- Trade debts +€39,696
up €39,696 (+94.0%), from €42,210 to €81,906
- Depreciation +€9,114
up €9,114 (+540%), from €1,688 to €10,801
- Gross operating margin +€5,685
up €5,685 (+19.4%), from €29,287 to €34,972
- Financial income -€3,119
down €3,119 (-99.6%), from €3,133 to €14
- Financial charges -€1,883
down €1,883 (-66.6%), from €2,826 to €943
of which Financial charges: -€1,936
- Taxes -€964
down €964 (-15.9%), from €6,078 to €5,114
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 | €260,648 | €300,562 | +€39,914 | +15.3% |
| Fixed assets | 21/28 | €11,591 | €50,805 | +€39,214 | +338% |
| Tangible fixed assets | 22/27 | €11,591 | €50,805 | +€39,214 | +338% |
| Furniture and vehicles | 24 | €8,590 | €48,163 | +€39,573 | +461% |
| Other tangible fixed assets | 26 | €3,001 | €2,642 | -€360 | -12.0% |
| Current assets | 29/58 | €249,057 | €249,758 | +€701 | +0.3% |
| Stocks and contracts in progress | 3 | €25,000 | €50,000 | +€25,000 | +100% |
| Stocks | 30/36 | €25,000 | €50,000 | +€25,000 | +100% |
| Amounts receivable within one year | 40/41 | €75,040 | €77,475 | +€2,434 | +3.2% |
| Trade receivables | 40 | €51,060 | €44,228 | -€6,832 | -13.4% |
| Other amounts receivable | 41 | €23,980 | €33,247 | +€9,266 | +38.6% |
| Cash at bank and in hand | 54/58 | €148,701 | €121,197 | -€27,504 | -18.5% |
| Deferred charges and accrued income | 490/1 | €316 | €1,086 | +€770 | +244% |
| Total equity and liabilities | 10/49 | €260,648 | €300,562 | +€39,914 | +15.3% |
| Equity | 10/15 | €210,352 | €127,485 | -€82,867 | -39.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €209,352 | €126,485 | -€82,867 | -39.6% |
| Distributable reserves | 133 | €209,352 | €126,485 | -€82,867 | -39.6% |
| Amounts payable | 17/49 | €50,296 | €173,078 | +€122,782 | +244% |
| Amounts payable within one year | 42/48 | €50,296 | €173,078 | +€122,782 | +244% |
| Trade debts | 44 | €42,210 | €81,906 | +€39,696 | +94.0% |
| Suppliers | 440/4 | €42,210 | €81,906 | +€39,696 | +94.0% |
| Taxes, remuneration and social security | 45 | €7,102 | €5,188 | -€1,914 | -27.0% |
| Taxes | 450/3 | €7,102 | €5,188 | -€1,914 | -27.0% |
| Other amounts payable | 47/48 | €984 | €85,984 | +€85,000 | +8,637% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,688 | €10,801 | +€9,114 | +540% |
| Other operating charges | 640/8 | €713 | €996 | +€283 | +39.7% |
| Gross operating margin | 9900 | €29,287 | €34,972 | +€5,685 | +19.4% |
| Operating profit (loss) | 9901 | €26,887 | €23,175 | -€3,712 | -13.8% |
| Financial income | 75/76B | €3,133 | €14 | -€3,119 | -99.6% |
| Recurring financial income | 75 | €3,133 | €14 | -€3,119 | -99.6% |
| Financial charges | 65/66B | €2,826 | €943 | -€1,883 | -66.6% |
| Recurring financial charges | 65 | €2,740 | €804 | -€1,936 | -70.7% |
| Non-recurring financial charges | 66B | €86 | €139 | +€52 | +60.6% |
| Profit (loss) for the period before taxes | 9903 | €27,195 | €22,247 | -€4,948 | -18.2% |
| Income taxes | 67/77 | €6,078 | €5,114 | -€964 | -15.9% |
| Profit (loss) for the period | 9904 | €21,117 | €17,133 | -€3,984 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,117 | €17,133 | -€3,984 | -18.9% |
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 27 October 2026 via checked.be.