POTESCO: 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.
POTESCO
Largest movements
- Tangible fixed assets +€77,864
up €77,864 (+66.6%), from €116,961 to €194,825
of which Land and buildings: +€90,289
- Cash -€8,011
down €8,011 (-36.0%), from €22,225 to €14,214
mainly Investment in fixed assets (net) (-€94,714)
- Debts after one year +€50,237
up €50,237 (+1,311%), from €3,833 to €54,070
- Tax, wage and social debts +€5,704
up €5,704 (+291%), from €1,963 to €7,667
- Profit (loss) carried forward +€4,144
new in 2024: €4,144
- Accrued charges and deferred income +€3,786
up €3,786 (+6,856%), from €55 to €3,841
- Trade debts +€3,286
new in 2024: €3,286
- Gross operating margin -€3,188
down €3,188 (-9.6%), from €33,156 to €29,968
- Depreciation +€1,119
up €1,119 (+7.1%), from €15,731 to €16,850
- Financial charges +€928
up €928 (+509%), from €183 to €1,111
- Other operating charges -€628
down €628 (-9.3%), from €6,757 to €6,129
- Taxes +€551
up €551 (+43.7%), from €1,263 to €1,814
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,218 | €222,676 | +€67,458 | +43.5% |
| Fixed assets | 21/28 | €116,961 | €194,825 | +€77,864 | +66.6% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €116,961 | €194,825 | +€77,864 | +66.6% |
| Land and buildings | 22 | €70,170 | €160,459 | +€90,289 | +129% |
| Plant, machinery and equipment | 23 | €46,791 | €33,133 | -€13,658 | -29.2% |
| Furniture and vehicles | 24 | - | €1,233 | +€1,233 | |
| Current assets | 29/58 | €38,257 | €27,851 | -€10,406 | -27.2% |
| Stocks and contracts in progress | 3 | €15,415 | €13,261 | -€2,154 | -14.0% |
| Stocks | 30/36 | €15,415 | €13,261 | -€2,154 | -14.0% |
| Amounts receivable within one year | 40/41 | €617 | €376 | -€241 | -39.1% |
| Trade receivables | 40 | €617 | €376 | -€241 | -39.1% |
| Cash at bank and in hand | 54/58 | €22,225 | €14,214 | -€8,011 | -36.0% |
| Total equity and liabilities | 10/49 | €155,218 | €222,676 | +€67,458 | +43.5% |
| Equity | 10/15 | €144,167 | €148,312 | +€4,145 | +2.9% |
| Contributions | 10/11 | €88,498 | €88,498 | +€0 | 0.0% |
| Capital | 10 | €88,498 | €88,498 | +€0 | 0.0% |
| Issued capital | 100 | €88,498 | €88,498 | +€0 | 0.0% |
| Reserves | 13 | €55,669 | €55,670 | +€1 | 0.0% |
| Non-distributable reserves | 130/1 | €8,850 | €8,850 | +€0 | 0.0% |
| Legal reserve | 130 | €8,850 | €8,850 | +€0 | 0.0% |
| Distributable reserves | 133 | €46,820 | €46,820 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | €4,144 | +€4,144 | |
| Amounts payable | 17/49 | €11,051 | €74,364 | +€63,313 | +573% |
| Amounts payable after more than one year | 17 | €3,833 | €54,070 | +€50,237 | +1,311% |
| Financial debts | 170/4 | €3,833 | €54,070 | +€50,237 | +1,311% |
| Amounts payable within one year | 42/48 | €7,163 | €16,453 | +€9,290 | +130% |
| Current portion of amounts payable after more than one year | 42 | €5,200 | €5,500 | +€300 | +5.8% |
| Trade debts | 44 | - | €3,286 | +€3,286 | |
| Suppliers | 440/4 | - | €3,286 | +€3,286 | |
| Taxes, remuneration and social security | 45 | €1,963 | €7,667 | +€5,704 | +291% |
| Taxes | 450/3 | €1,963 | €7,667 | +€5,704 | +291% |
| Accrued charges and deferred income | 492/3 | €55 | €3,841 | +€3,786 | +6,856% |
| Non-recurring operating income | 76A | - | €89 | +€89 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,731 | €16,850 | +€1,119 | +7.1% |
| Other operating charges | 640/8 | €6,757 | €6,129 | -€628 | -9.3% |
| Non-recurring operating charges | 66A | - | €19 | +€19 | |
| Gross operating margin | 9900 | €33,156 | €29,968 | -€3,188 | -9.6% |
| Operating profit (loss) | 9901 | €10,668 | €6,970 | -€3,698 | -34.7% |
| Financial income | 75/76B | €35 | €99 | +€64 | +182% |
| Recurring financial income | 75 | €35 | €99 | +€64 | +182% |
| Financial charges | 65/66B | €183 | €1,111 | +€928 | +509% |
| Recurring financial charges | 65 | €183 | €1,111 | +€928 | +509% |
| Profit (loss) for the period before taxes | 9903 | €10,520 | €5,958 | -€4,562 | -43.4% |
| Income taxes | 67/77 | €1,263 | €1,814 | +€551 | +43.7% |
| Profit (loss) for the period | 9904 | €9,258 | €4,144 | -€5,114 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,258 | €4,144 | -€5,114 | -55.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.