POTS: 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.
POTS
Largest movements
- Cash +€223,291
up €223,291 (+129.5%), from €172,400 to €395,691
mainly Net result for the year (+€235,061) and Short-term financial debts (+€41,546)
- Tangible fixed assets +€40,295
up €40,295 (+17.7%), from €227,329 to €267,623
of which Land and buildings: +€60,050
- Receivables within one year +€16,336
up €16,336 (+78.3%), from €20,862 to €37,198
of which Trade receivables: +€15,868
- Reserves +€235,061
up €235,061 (+244.5%), from €96,127 to €331,188
- Short-term financial debts +€41,546
new in 2025: €41,546
- Tax, wage and social debts +€17,311
up €17,311 (+247.5%), from €6,993 to €24,304
of which Taxes: +€18,557
- Other debts -€13,338
down €13,338 (-79.5%), from €16,788 to €3,449
- Gross operating margin +€126,510
up €126,510 (+40.8%), from €310,198 to €436,708
- Staff costs -€81,670
down €81,670 (-62.9%), from €129,771 to €48,102
- Taxes +€62,446
up €62,446 (+152.1%), from €41,057 to €103,504
- Depreciation -€10,128
down €10,128 (-27.2%), from €37,232 to €27,104
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 | €430,319 | €708,679 | +€278,360 | +64.7% |
| Fixed assets | 21/28 | €227,329 | €267,623 | +€40,295 | +17.7% |
| Tangible fixed assets | 22/27 | €227,329 | €267,623 | +€40,295 | +17.7% |
| Land and buildings | 22 | €155,256 | €215,306 | +€60,050 | +38.7% |
| Plant, machinery and equipment | 23 | €64,456 | €45,759 | -€18,697 | -29.0% |
| Furniture and vehicles | 24 | €7,616 | €6,558 | -€1,058 | -13.9% |
| Current assets | 29/58 | €202,990 | €441,055 | +€238,065 | +117.3% |
| Stocks and contracts in progress | 3 | €5,621 | €4,813 | -€808 | -14.4% |
| Stocks | 30/36 | €5,621 | €4,813 | -€808 | -14.4% |
| Amounts receivable within one year | 40/41 | €20,862 | €37,198 | +€16,336 | +78.3% |
| Trade receivables | 40 | €17,509 | €33,377 | +€15,868 | +90.6% |
| Other amounts receivable | 41 | €3,353 | €3,821 | +€468 | +14.0% |
| Cash at bank and in hand | 54/58 | €172,400 | €395,691 | +€223,291 | +129.5% |
| Deferred charges and accrued income | 490/1 | €4,107 | €3,353 | -€754 | -18.4% |
| Total equity and liabilities | 10/49 | €430,319 | €708,679 | +€278,360 | +64.7% |
| Equity | 10/15 | €310,633 | €545,695 | +€235,061 | +75.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €96,127 | €331,188 | +€235,061 | +244.5% |
| Distributable reserves | 133 | €96,127 | €331,188 | +€235,061 | +244.5% |
| Profit (loss) carried forward | 14 | €195,907 | €195,907 | = | 0.0% |
| Amounts payable | 17/49 | €119,685 | €162,984 | +€43,299 | +36.2% |
| Amounts payable after more than one year | 17 | €85,927 | €82,690 | -€3,237 | -3.8% |
| Financial debts | 170/4 | €85,927 | €82,690 | -€3,237 | -3.8% |
| Amounts payable within one year | 42/48 | €33,758 | €80,294 | +€46,536 | +137.9% |
| Current portion of amounts payable after more than one year | 42 | €8,167 | €3,237 | -€4,930 | -60.4% |
| Financial debts | 43 | - | €41,546 | +€41,546 | |
| Credit institutions | 430/8 | - | €41,546 | +€41,546 | |
| Trade debts | 44 | €1,811 | €7,757 | +€5,946 | +328.4% |
| Suppliers | 440/4 | €1,811 | €7,757 | +€5,946 | +328.4% |
| Taxes, remuneration and social security | 45 | €6,993 | €24,304 | +€17,311 | +247.5% |
| Taxes | 450/3 | €2,447 | €21,004 | +€18,557 | +758.5% |
| Remuneration and social security | 454/9 | €4,547 | €3,301 | -€1,246 | -27.4% |
| Other amounts payable | 47/48 | €16,788 | €3,449 | -€13,338 | -79.5% |
| Non-recurring operating income | 76A | - | €6,503 | +€6,503 | |
| Remuneration, social security and pensions | 62 | €129,771 | €48,102 | -€81,670 | -62.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,232 | €27,104 | -€10,128 | -27.2% |
| Other operating charges | 640/8 | €1,447 | €1,717 | +€270 | +18.7% |
| Non-recurring operating charges | 66A | - | €16,879 | +€16,879 | |
| Gross operating margin | 9900 | €310,198 | €436,708 | +€126,510 | +40.8% |
| Operating profit (loss) | 9901 | €141,747 | €342,906 | +€201,159 | +141.9% |
| Financial income | 75/76B | €45 | €8 | -€37 | -82.3% |
| Recurring financial income | 75 | €45 | €8 | -€37 | -82.3% |
| Financial charges | 65/66B | €4,608 | €4,349 | -€259 | -5.6% |
| Recurring financial charges | 65 | €4,608 | €4,349 | -€259 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €137,184 | €338,565 | +€201,381 | +146.8% |
| Income taxes | 67/77 | €41,057 | €103,504 | +€62,446 | +152.1% |
| Profit (loss) for the period | 9904 | €96,127 | €235,061 | +€138,934 | +144.5% |
| Profit (loss) for the period to be appropriated | 9905 | €96,127 | €235,061 | +€138,934 | +144.5% |
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 7 October 2026 via checked.be.