POTH: 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.
POTH
Largest movements
- Cash +€46,773
up €46,773 (+134.1%), from €34,880 to €81,652
mainly Other debts (+€90,111) and Net result for the year (+€35,804)
- Receivables within one year -€7,657
down €7,657 (-92.8%), from €8,255 to €598
of which Trade receivables: -€7,705
- Tangible fixed assets -€6,330
down €6,330 (-37.0%), from €17,103 to €10,773
of which Furniture and vehicles: -€6,073
- Intangible fixed assets -€1,200
down €1,200 (-14.0%), from €8,597 to €7,397
- Other debts +€90,111
up €90,111 (+90418.1%), from €100 to €90,210
- Profit (loss) carried forward -€54,196
down €54,196 (-98.8%), from €54,828 to €632
- Tax, wage and social debts -€3,900
down €3,900 (-38.7%), from €10,090 to €6,190
of which Taxes: -€2,400
- Gross operating margin +€7,537
up €7,537 (+15.2%), from €49,610 to €57,146
- Taxes +€2,267
up €2,267 (+28.2%), from €8,050 to €10,316
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 | €73,420 | €104,589 | +€31,169 | +42.5% |
| Fixed assets | 21/28 | €25,699 | €18,170 | -€7,530 | -29.3% |
| Intangible fixed assets | 21 | €8,597 | €7,397 | -€1,200 | -14.0% |
| Tangible fixed assets | 22/27 | €17,103 | €10,773 | -€6,330 | -37.0% |
| Plant, machinery and equipment | 23 | €1,174 | €918 | -€256 | -21.8% |
| Furniture and vehicles | 24 | €15,928 | €9,855 | -€6,073 | -38.1% |
| Current assets | 29/58 | €47,721 | €86,419 | +€38,698 | +81.1% |
| Amounts receivable within one year | 40/41 | €8,255 | €598 | -€7,657 | -92.8% |
| Trade receivables | 40 | €8,255 | €550 | -€7,705 | -93.3% |
| Other amounts receivable | 41 | - | €48 | +€48 | |
| Cash at bank and in hand | 54/58 | €34,880 | €81,652 | +€46,773 | +134.1% |
| Deferred charges and accrued income | 490/1 | €4,586 | €4,169 | -€417 | -9.1% |
| Total equity and liabilities | 10/49 | €73,420 | €104,589 | +€31,169 | +42.5% |
| Equity | 10/15 | €56,828 | €2,632 | -€54,196 | -95.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,828 | €632 | -€54,196 | -98.8% |
| Amounts payable | 17/49 | €16,592 | €101,956 | +€85,365 | +514.5% |
| Amounts payable within one year | 42/48 | €16,592 | €101,956 | +€85,365 | +514.5% |
| Trade debts | 44 | €6,402 | €5,556 | -€846 | -13.2% |
| Suppliers | 440/4 | €6,402 | €5,556 | -€846 | -13.2% |
| Taxes, remuneration and social security | 45 | €10,090 | €6,190 | -€3,900 | -38.7% |
| Taxes | 450/3 | €8,590 | €6,190 | -€2,400 | -27.9% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €100 | €90,210 | +€90,111 | +90418.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,890 | €10,266 | +€376 | +3.8% |
| Other operating charges | 640/8 | €719 | €671 | -€48 | -6.6% |
| Gross operating margin | 9900 | €49,610 | €57,146 | +€7,537 | +15.2% |
| Operating profit (loss) | 9901 | €39,001 | €46,209 | +€7,208 | +18.5% |
| Financial income | 75/76B | €1 | €4 | +€4 | +743.1% |
| Recurring financial income | 75 | €1 | €4 | +€4 | +743.1% |
| Financial charges | 65/66B | €467 | €93 | -€375 | -80.2% |
| Recurring financial charges | 65 | €467 | €93 | -€375 | -80.2% |
| Profit (loss) for the period before taxes | 9903 | €38,534 | €46,120 | +€7,586 | +19.7% |
| Income taxes | 67/77 | €8,050 | €10,316 | +€2,267 | +28.2% |
| Profit (loss) for the period | 9904 | €30,484 | €35,804 | +€5,320 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,484 | €35,804 | +€5,320 | +17.5% |
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.