POTTIER: 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.
POTTIER
Largest movements
- Receivables within one year -€66,772
down €66,772 (-30.3%), from €220,327 to €153,555
of which Other amounts receivable: -€73,880
- Tangible fixed assets +€26,231
up €26,231 (+33.2%), from €78,960 to €105,191
of which Furniture and vehicles: +€39,470
- Cash -€7,949
down €7,949 (-20.4%), from €39,040 to €31,091
mainly Contributions, distributions and other (-€76,415) and Investment in fixed assets (net) (-€53,014)
- Stocks and contracts -€6,023
down €6,023 (-43.4%), from €13,880 to €7,857
- Reserves -€54,793
down €54,793 (-44.0%), from €124,589 to €69,796
of which Distributable reserves: -€54,793
- Trade debts -€35,817
down €35,817 (-35.3%), from €101,533 to €65,716
- Debts after one year +€35,549
up €35,549 (+46.2%), from €76,903 to €112,452
- Gross operating margin -€108,351
down €108,351 (-49.1%), from €220,855 to €112,504
- Staff costs -€89,811
down €89,811 (-60.2%), from €149,265 to €59,454
- Financial charges -€7,173
down €7,173 (-57.4%), from €12,486 to €5,313
- Depreciation +€3,752
up €3,752 (+16.1%), from €23,312 to €27,064
- Taxes -€3,457
down €3,457 (-27.3%), from €12,646 to €9,189
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 | €364,883 | €307,323 | -€57,560 | -15.8% |
| Formation expenses | 20 | €1,125 | €844 | -€281 | -25.0% |
| Fixed assets | 21/28 | €79,130 | €105,361 | +€26,231 | +33.1% |
| Tangible fixed assets | 22/27 | €78,960 | €105,191 | +€26,231 | +33.2% |
| Plant, machinery and equipment | 23 | €66,397 | €53,158 | -€13,239 | -19.9% |
| Furniture and vehicles | 24 | €12,563 | €52,033 | +€39,470 | +314.2% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €284,628 | €201,118 | -€83,510 | -29.3% |
| Stocks and contracts in progress | 3 | €13,880 | €7,857 | -€6,023 | -43.4% |
| Stocks | 30/36 | €13,880 | €7,857 | -€6,023 | -43.4% |
| Amounts receivable within one year | 40/41 | €220,327 | €153,555 | -€66,772 | -30.3% |
| Trade receivables | 40 | €7,366 | €14,474 | +€7,108 | +96.5% |
| Other amounts receivable | 41 | €212,961 | €139,081 | -€73,880 | -34.7% |
| Cash at bank and in hand | 54/58 | €39,040 | €31,091 | -€7,949 | -20.4% |
| Deferred charges and accrued income | 490/1 | €11,381 | €8,615 | -€2,766 | -24.3% |
| Total equity and liabilities | 10/49 | €364,883 | €307,323 | -€57,560 | -15.8% |
| Equity | 10/15 | €158,126 | €103,333 | -€54,793 | -34.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124,589 | €69,796 | -€54,793 | -44.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €122,729 | €67,936 | -€54,793 | -44.6% |
| Profit (loss) carried forward | 14 | €14,937 | €14,937 | = | 0.0% |
| Amounts payable | 17/49 | €206,757 | €203,990 | -€2,767 | -1.3% |
| Amounts payable after more than one year | 17 | €76,903 | €112,452 | +€35,549 | +46.2% |
| Financial debts | 170/4 | €76,903 | €112,452 | +€35,549 | +46.2% |
| Amounts payable within one year | 42/48 | €129,854 | €91,538 | -€38,316 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €8,413 | €8,413 | = | 0.0% |
| Trade debts | 44 | €101,533 | €65,716 | -€35,817 | -35.3% |
| Suppliers | 440/4 | €101,533 | €65,716 | -€35,817 | -35.3% |
| Taxes, remuneration and social security | 45 | €19,908 | €17,409 | -€2,499 | -12.6% |
| Taxes | 450/3 | €16,059 | €15,472 | -€587 | -3.7% |
| Remuneration and social security | 454/9 | €3,849 | €1,937 | -€1,912 | -49.7% |
| Remuneration, social security and pensions | 62 | €149,265 | €59,454 | -€89,811 | -60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,312 | €27,064 | +€3,752 | +16.1% |
| Other operating charges | 640/8 | €1,474 | €1,434 | -€40 | -2.7% |
| Gross operating margin | 9900 | €220,855 | €112,504 | -€108,351 | -49.1% |
| Operating profit (loss) | 9901 | €46,804 | €24,552 | -€22,252 | -47.5% |
| Financial income | 75/76B | €9,054 | €11,572 | +€2,518 | +27.8% |
| Recurring financial income | 75 | €9,054 | €11,572 | +€2,518 | +27.8% |
| Financial charges | 65/66B | €12,486 | €5,313 | -€7,173 | -57.4% |
| Recurring financial charges | 65 | €12,486 | €5,313 | -€7,173 | -57.4% |
| Profit (loss) for the period before taxes | 9903 | €43,372 | €30,811 | -€12,561 | -29.0% |
| Income taxes | 67/77 | €12,646 | €9,189 | -€3,457 | -27.3% |
| Profit (loss) for the period | 9904 | €30,726 | €21,622 | -€9,104 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,726 | €21,622 | -€9,104 | -29.6% |
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.