Potrell: 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.
What changed
Potrell
NACE 68.121, Development of residential building projects
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €1.8m-€778,234
Equity
€7.7m
2024 · €7.2m+€539,915
Cash
€85,778
2024 · €36,811+€48,967
Balance sheet total
€22.8m
2024 · €23.5m-€603,435
Largest movements
Assets
- Receivables within one year -€1.7m
down €1.7m (-18.3%), from €9.3m to €7.6m
of which Trade receivables: -€2.8m
- Stocks and contracts +€1.1m
up €1.1m (+8.0%), from €13.9m to €15.0m
Equity and liabilities
- Short-term financial debts -€1.7m
down €1.7m (-13.1%), from €13.2m to €11.5m
- Profit (loss) carried forward +€1.1m
up €1.1m (+25.8%), from €4.4m to €5.5m
- Reserves -€589,556
down €589,556 (-37.0%), from €1.6m to €1.0m
of which Tax-exempt reserves: -€589,556
- Other debts +€562,649
up €562,649 (+31.7%), from €1.8m to €2.3m
Income statement
- Turnover -€4.8m
down €4.8m (-28.4%), from €17.0m to €12.2m
- Goods and materials -€3.7m
down €3.7m (-27.5%), from €13.6m to €9.9m
of which Change in stocks: decrease (increase): -€3.6m
- Financial charges -€404,788
down €404,788 (-39.7%), from €1.0m to €613,647
- Taxes -€273,415
down €273,415 (-43.9%), from €623,363 to €349,948
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.
Result 2024
€1.8m
Turnover
-€4.8m
Other operating income
-€8,524
Goods and materials
+€3.7m
Services and other goods
-€4,198
Staff costs
-€1,423
Depreciation
-€87
Other operating charges
-€10,185
Other operating items
-€235,500
Financial income
-€104,427
Financial charges
+€404,788
Taxes
+€273,415
Result 2025
€1.0m
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.
From operations
+€2.3m
Investment
-€1,179
Financing
-€2.2m
Cash 2024
€36,811
From operations (derived)
+€2.3m
Net result for the year
+€1.0m
Depreciation
+€1,598
Stocks and contracts
-€1.1m
Receivables within one year
+€1.7m
Deferred charges and accrued income
+€61,354
Trade debts
+€34,993
Tax, wage and social debts
-€9,583
Other debts
+€562,649
Accrued charges and deferred income
+€981
Investment (derived)
-€1,179
Investment in fixed assets (net)
-€1,179
Financing
-€2.2m
Short-term financial debts
-€1.7m
Contributions, distributions and other
-€500,001
Cash 2025
€85,778
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,453,207 | €22,849,772 | -€603,435 | -2.6% |
| Fixed assets | 21/28 | €94,487 | €94,068 | -€419 | -0.4% |
| Tangible fixed assets | 22/27 | €83,658 | €83,240 | -€418 | -0.5% |
| Plant, machinery and equipment | 23 | - | €1,093 | +€1,093 | |
| Furniture and vehicles | 24 | €42,500 | €42,500 | = | 0.0% |
| Other tangible fixed assets | 26 | €41,158 | €39,646 | -€1,512 | -3.7% |
| Financial fixed assets | 28 | €10,829 | €10,829 | -€0 | 0.0% |
| Other financial fixed assets | 284/8 | €10,829 | €10,829 | -€0 | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €10,829 | €10,829 | -€0 | 0.0% |
| Current assets | 29/58 | €23,358,720 | €22,755,704 | -€603,016 | -2.6% |
| Stocks and contracts in progress | 3 | €13,881,894 | €14,990,216 | +€1.1m | +8.0% |
| Stocks | 30/36 | €13,881,894 | €14,990,216 | +€1.1m | +8.0% |
| Property held for sale | 35 | €13,832,394 | €14,940,716 | +€1.1m | +8.0% |
| Advance payments | 36 | €49,500 | €49,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,304,660 | €7,605,708 | -€1.7m | -18.3% |
| Trade receivables | 40 | €7,391,343 | €4,570,026 | -€2.8m | -38.2% |
| Other amounts receivable | 41 | €1,913,317 | €3,035,682 | +€1.1m | +58.7% |
| Cash at bank and in hand | 54/58 | €36,811 | €85,778 | +€48,967 | +133.0% |
| Deferred charges and accrued income | 490/1 | €135,355 | €74,001 | -€61,354 | -45.3% |
| Total equity and liabilities | 10/49 | €23,453,207 | €22,849,772 | -€603,435 | -2.6% |
| Equity | 10/15 | €7,162,295 | €7,702,210 | +€539,915 | +7.5% |
| Contributions | 10/11 | €1,200,000 | €1,200,000 | = | 0.0% |
| Reserves | 13 | €1,591,908 | €1,002,352 | -€589,556 | -37.0% |
| Tax-exempt reserves | 132 | €1,543,032 | €953,476 | -€589,556 | -38.2% |
| Distributable reserves | 133 | €48,876 | €48,876 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €4,370,387 | €5,499,859 | +€1.1m | +25.8% |
| Amounts payable | 17/49 | €16,290,912 | €15,147,562 | -€1.1m | -7.0% |
| Amounts payable after more than one year | 17 | €1,200,000 | €1,200,000 | = | 0.0% |
| Financial debts | 170/4 | €1,200,000 | €1,200,000 | = | 0.0% |
| Other loans | 174 | €1,200,000 | €1,200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,080,145 | €13,935,814 | -€1.1m | -7.6% |
| Financial debts | 43 | €13,229,993 | €11,497,603 | -€1.7m | -13.1% |
| Credit institutions | 430/8 | €13,229,993 | €11,497,603 | -€1.7m | -13.1% |
| Trade debts | 44 | €11,075 | €46,068 | +€34,993 | +316.0% |
| Suppliers | 440/4 | €11,075 | €46,068 | +€34,993 | +316.0% |
| Taxes, remuneration and social security | 45 | €65,705 | €56,122 | -€9,583 | -14.6% |
| Taxes | 450/3 | €55,831 | €45,896 | -€9,935 | -17.8% |
| Remuneration and social security | 454/9 | €9,874 | €10,226 | +€352 | +3.6% |
| Other amounts payable | 47/48 | €1,773,372 | €2,336,021 | +€562,649 | +31.7% |
| Accrued charges and deferred income | 492/3 | €10,767 | €11,748 | +€981 | +9.1% |
| Operating income | 70/76A | €17,055,680 | €12,210,687 | -€4.8m | -28.4% |
| Turnover | 70 | €17,015,198 | €12,179,554 | -€4.8m | -28.4% |
| Other operating income | 74 | €39,656 | €31,132 | -€8,524 | -21.5% |
| Non-recurring operating income | 76A | €826 | - | -€826 | |
| Operating charges | 60/66A | €13,892,845 | €10,399,862 | -€3.5m | -25.1% |
| Goods for resale, raw materials and consumables | 60 | €13,602,601 | €9,859,052 | -€3.7m | -27.5% |
| Purchases | 600/8 | €11,134,426 | €10,967,374 | -€167,052 | -1.5% |
| Change in stocks: decrease (increase) | 609 | €2,468,175 | -€1,108,322 | -€3.6m | |
| Services and other goods | 61 | €189,749 | €193,947 | +€4,198 | +2.2% |
| Remuneration, social security and pensions | 62 | €97,228 | €98,651 | +€1,423 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,511 | €1,598 | +€87 | +5.8% |
| Other operating charges | 640/8 | €1,756 | €11,941 | +€10,185 | +580.0% |
| Non-recurring operating charges | 66A | - | €234,674 | +€234,674 | |
| Operating profit (loss) | 9901 | €3,162,835 | €1,810,825 | -€1.4m | -42.7% |
| Financial income | 75/76B | €297,113 | €192,686 | -€104,427 | -35.1% |
| Recurring financial income | 75 | €297,113 | €192,686 | -€104,427 | -35.1% |
| Income from current assets | 751 | €176,460 | €149,051 | -€27,409 | -15.5% |
| Other financial income | 752/9 | €120,653 | €43,635 | -€77,018 | -63.8% |
| Financial charges | 65/66B | €1,018,435 | €613,647 | -€404,788 | -39.7% |
| Recurring financial charges | 65 | €1,018,435 | €613,647 | -€404,788 | -39.7% |
| Debt charges | 650 | €978,577 | €568,053 | -€410,524 | -42.0% |
| Other financial charges | 652/9 | €39,858 | €45,593 | +€5,735 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €2,441,513 | €1,389,864 | -€1.1m | -43.1% |
| Income taxes | 67/77 | €623,363 | €349,948 | -€273,415 | -43.9% |
| Taxes | 670/3 | €623,363 | €349,948 | -€273,415 | -43.9% |
| Profit (loss) for the period | 9904 | €1,818,150 | €1,039,916 | -€778,234 | -42.8% |
| Transfer from tax-exempt reserves | 789 | €203,871 | €589,556 | +€385,685 | +189.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,022,021 | €1,629,472 | -€392,549 | -19.4% |
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 12 October 2026 via checked.be.