Potteau: what changed
What changed
Potteau
NACE 31.001, Manufacture of furniture
filed annual accounts (NBB)
Net result for the year
-€1.7m
2024 · -€573,216-€1.1m
Equity
€2.4m
2024 · €3.0m-€588,767
Cash
€81,237
2024 · €1.0m-€940,623
Balance sheet total
€11.8m
2024 · €12.9m-€1.1m
Largest movements
Assets
- Cash -€940,623
down €940,623 (-92.1%), from €1.0m to €81,237
mainly Net result for the year (-€1.7m) and Trade debts (-€737,322)
- Stocks and contracts -€284,674
down €284,674 (-5.3%), from €5.3m to €5.0m
of which Stocks: -€374,422
- Tangible fixed assets +€260,200
up €260,200 (+46.0%), from €565,773 to €825,973
of which Leasing and similar rights: +€337,496
- Intangible fixed assets -€141,455
down €141,455 (-11.7%), from €1.2m to €1.1m
Equity and liabilities
- Contributions +€1.5m
up €1.5m (+97.6%), from €1.5m to €3.0m
- Reserves -€1.1m
down €1.1m (-75.6%), from €1.4m to €352,080
of which Distributable reserves: -€1.1m
- Profit (loss) carried forward -€979,096
new in 2025: -€979,096
- Trade debts -€737,322
down €737,322 (-22.0%), from €3.4m to €2.6m
- Advances received +€564,374
up €564,374 (+98.8%), from €570,954 to €1.1m
Income statement
- Turnover -€4.1m
down €4.1m (-16.2%), from €25.2m to €21.2m
- Goods and materials -€3.2m
down €3.2m (-24.2%), from €13.0m to €9.9m
of which Purchases: -€3.8m
- Staff costs -€655,713
down €655,713 (-6.6%), from €9.9m to €9.3m
- Other operating income -€316,725
down €316,725 (-39.6%), from €798,863 to €482,137
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€573,216
Turnover
-€4.1m
Other operating income
-€316,725
Goods and materials
+€3.2m
Services and other goods
-€97,824
Staff costs
+€655,713
Depreciation
+€17,196
Provisions
-€9,372
Other operating charges
-€2,682
Other operating items
-€418,549
Financial income
+€46,581
Financial charges
-€62,468
Taxes
+€1,188
Result 2025
-€1.7m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.8m
Investment
-€501,867
Financing
+€1.3m
Cash 2024
€1.0m
From operations (derived)
-€1.8m
Net result for the year
-€1.7m
Depreciation
+€507,923
Stocks and contracts
+€284,674
Receivables within one year
-€42,036
Deferred charges and accrued income
-€63,519
Provisions
-€4,914
Trade debts
-€737,322
Tax, wage and social debts
-€424,848
Advances received
+€564,374
Other debts
-€260,258
Accrued charges and deferred income
+€76,877
Investment (derived)
-€501,867
Investment in fixed assets (net)
-€501,867
Financing
+€1.3m
Debts after one year
+€100,983
Current portion of long-term debt
-€20,194
Short-term financial debts
+€168,270
Contributions, distributions and other
+€1.1m
Cash 2025
€81,237
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,928,463 | €11,802,664 | -€1.1m | -8.7% |
| Formation expenses | 20 | €347,355 | €236,595 | -€110,760 | -31.9% |
| Fixed assets | 21/28 | €1,880,925 | €1,985,628 | +€104,704 | +5.6% |
| Intangible fixed assets | 21 | €1,208,926 | €1,067,471 | -€141,455 | -11.7% |
| Tangible fixed assets | 22/27 | €565,773 | €825,973 | +€260,200 | +46.0% |
| Plant, machinery and equipment | 23 | €104,699 | €66,805 | -€37,894 | -36.2% |
| Furniture and vehicles | 24 | €81,146 | €62,035 | -€19,111 | -23.6% |
| Leasing and similar rights | 25 | €211,178 | €548,673 | +€337,496 | +160% |
| Other tangible fixed assets | 26 | €168,750 | €148,460 | -€20,290 | -12.0% |
| Financial fixed assets | 28 | €106,225 | €92,184 | -€14,041 | -13.2% |
| Other financial fixed assets | 284/8 | €106,225 | €92,184 | -€14,041 | -13.2% |
| Shares | 284 | €20,429 | €20,429 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €85,796 | €71,755 | -€14,041 | -16.4% |
| Current assets | 29/58 | €10,700,184 | €9,580,441 | -€1.1m | -10.5% |
| Stocks and contracts in progress | 3 | €5,322,889 | €5,038,215 | -€284,674 | -5.3% |
| Stocks | 30/36 | €2,724,956 | €2,350,534 | -€374,422 | -13.7% |
| Raw materials and consumables | 30/31 | €2,690,643 | €2,195,557 | -€495,086 | -18.4% |
| Finished goods | 33 | €24,938 | €24,938 | = | 0.0% |
| Goods purchased for resale | 34 | €9,375 | €130,038 | +€120,663 | +1,287% |
| Contracts in progress | 37 | €2,597,933 | €2,687,682 | +€89,748 | +3.5% |
| Amounts receivable within one year | 40/41 | €4,271,905 | €4,313,941 | +€42,036 | +1.0% |
| Trade receivables | 40 | €4,036,958 | €3,704,368 | -€332,590 | -8.2% |
| Other amounts receivable | 41 | €234,947 | €609,573 | +€374,626 | +159% |
| Cash at bank and in hand | 54/58 | €1,021,860 | €81,237 | -€940,623 | -92.1% |
| Deferred charges and accrued income | 490/1 | €83,530 | €147,048 | +€63,519 | +76.0% |
| Total equity and liabilities | 10/49 | €12,928,463 | €11,802,664 | -€1.1m | -8.7% |
| Equity | 10/15 | €2,961,751 | €2,372,984 | -€588,767 | -19.9% |
| Contributions | 10/11 | €1,518,397 | €3,000,000 | +€1.5m | +97.6% |
| Capital | 10 | €1,518,397 | €3,000,000 | +€1.5m | +97.6% |
| Issued capital | 100 | €1,518,397 | €3,000,000 | +€1.5m | +97.6% |
| Reserves | 13 | €1,443,353 | €352,080 | -€1.1m | -75.6% |
| Non-distributable reserves | 130/1 | €339,135 | €339,135 | = | 0.0% |
| Legal reserve | 130 | €151,840 | €151,840 | = | 0.0% |
| Other | 1319 | €187,295 | €187,295 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,945 | €12,945 | = | 0.0% |
| Distributable reserves | 133 | €1,091,273 | - | -€1.1m | |
| Profit (loss) carried forward | 14 | - | -€979,096 | -€979,096 | |
| Provisions and deferred taxes | 16 | €9,324 | €4,411 | -€4,914 | -52.7% |
| Provisions for liabilities and charges | 160/5 | €9,324 | €4,411 | -€4,914 | -52.7% |
| Pensions and similar obligations | 160 | €9,324 | €4,411 | -€4,914 | -52.7% |
| Amounts payable | 17/49 | €9,957,388 | €9,425,270 | -€532,118 | -5.3% |
| Amounts payable after more than one year | 17 | €386,351 | €487,335 | +€100,983 | +26.1% |
| Financial debts | 170/4 | €386,351 | €487,335 | +€100,983 | +26.1% |
| Leasing and similar obligations | 172 | €158,941 | €424,287 | +€265,346 | +167% |
| Credit institutions | 173 | €227,410 | €63,048 | -€164,363 | -72.3% |
| Amounts payable within one year | 42/48 | €9,562,552 | €8,852,574 | -€709,978 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €306,643 | €286,448 | -€20,194 | -6.6% |
| Financial debts | 43 | €3,747,373 | €3,915,643 | +€168,270 | +4.5% |
| Credit institutions | 430/8 | €3,747,373 | €3,915,643 | +€168,270 | +4.5% |
| Trade debts | 44 | €3,350,378 | €2,613,056 | -€737,322 | -22.0% |
| Suppliers | 440/4 | €3,350,378 | €2,613,056 | -€737,322 | -22.0% |
| Advances received on contracts in progress | 46 | €570,954 | €1,135,328 | +€564,374 | +98.8% |
| Taxes, remuneration and social security | 45 | €1,326,946 | €902,098 | -€424,848 | -32.0% |
| Taxes | 450/3 | €308,491 | €62,786 | -€245,705 | -79.6% |
| Remuneration and social security | 454/9 | €1,018,455 | €839,312 | -€179,143 | -17.6% |
| Other amounts payable | 47/48 | €260,258 | - | -€260,258 | |
| Accrued charges and deferred income | 492/3 | €8,485 | €85,362 | +€76,877 | +906% |
| Operating income | 70/76A | €26,463,103 | €21,743,003 | -€4.7m | -17.8% |
| Turnover | 70 | €25,244,602 | €21,155,706 | -€4.1m | -16.2% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €411,026 | €89,748 | -€321,278 | -78.2% |
| Other operating income | 74 | €798,863 | €482,137 | -€316,725 | -39.6% |
| Non-recurring operating income | 76A | €8,612 | €15,412 | +€6,800 | +79.0% |
| Operating charges | 60/66A | €26,850,054 | €23,230,806 | -€3.6m | -13.5% |
| Goods for resale, raw materials and consumables | 60 | €13,038,891 | €9,878,603 | -€3.2m | -24.2% |
| Purchases | 600/8 | €13,301,063 | €9,504,181 | -€3.8m | -28.5% |
| Change in stocks: decrease (increase) | 609 | -€262,172 | €374,422 | +€636,594 | |
| Services and other goods | 61 | €3,328,604 | €3,426,427 | +€97,824 | +2.9% |
| Remuneration, social security and pensions | 62 | €9,946,810 | €9,291,096 | -€655,713 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €525,119 | €507,923 | -€17,196 | -3.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€14,286 | -€4,914 | +€9,372 | +65.6% |
| Other operating charges | 640/8 | €24,917 | €27,599 | +€2,682 | +10.8% |
| Non-recurring operating charges | 66A | - | €104,071 | +€104,071 | |
| Operating profit (loss) | 9901 | -€386,951 | -€1,487,802 | -€1.1m | -284% |
| Financial income | 75/76B | €4,878 | €51,459 | +€46,581 | +955% |
| Recurring financial income | 75 | €4,878 | €51,459 | +€46,581 | +955% |
| Income from current assets | 751 | €933 | €2,622 | +€1,690 | +181% |
| Other financial income | 752/9 | €3,945 | €48,837 | +€44,891 | +1,138% |
| Financial charges | 65/66B | €185,024 | €247,492 | +€62,468 | +33.8% |
| Recurring financial charges | 65 | €185,024 | €247,492 | +€62,468 | +33.8% |
| Debt charges | 650 | €125,383 | €185,345 | +€59,962 | +47.8% |
| Other financial charges | 652/9 | €59,641 | €62,147 | +€2,505 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | -€567,097 | -€1,683,835 | -€1.1m | -197% |
| Income taxes | 67/77 | €6,119 | €4,932 | -€1,188 | -19.4% |
| Taxes | 670/3 | €6,119 | €4,932 | -€1,188 | -19.4% |
| Profit (loss) for the period | 9904 | -€573,216 | -€1,688,767 | -€1.1m | -195% |
| Profit (loss) for the period to be appropriated | 9905 | -€573,216 | -€1,688,767 | -€1.1m | -195% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.