POTVIN ASSURFINANCE: 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.
POTVIN ASSURFINANCE
Largest movements
- Receivables within one year +€95,724
up €95,724 (+89.9%), from €106,525 to €202,249
of which Trade receivables: +€94,651
- Cash -€19,957
down €19,957 (-42.7%), from €46,728 to €26,771
mainly Receivables within one year (-€95,724) and Debts after one year (-€15,390)
- Tangible fixed assets -€11,286
down €11,286 (-35.3%), from €31,939 to €20,652
of which Plant, machinery and equipment: -€11,286
- Trade debts +€41,097
up €41,097 (+119%), from €34,442 to €75,539
- Profit (loss) carried forward +€37,941
up €37,941 (+78.0%), from €48,614 to €86,554
- Debts after one year -€15,390
down €15,390 (-28.1%), from €54,765 to €39,375
- Gross operating margin +€16,389
up €16,389 (+28.8%), from €56,963 to €73,352
- Taxes +€4,526
up €4,526 (+42.7%), from €10,607 to €15,133
- Depreciation -€1,099
down €1,099 (-8.9%), from €12,385 to €11,286
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €513,279 | €577,254 | +€63,975 | +12.5% |
| Fixed assets | 21/28 | €359,510 | €348,224 | -€11,286 | -3.1% |
| Tangible fixed assets | 22/27 | €31,939 | €20,652 | -€11,286 | -35.3% |
| Land and buildings | 22 | €12,395 | €12,395 | = | 0.0% |
| Plant, machinery and equipment | 23 | €19,544 | €8,257 | -€11,286 | -57.7% |
| Financial fixed assets | 28 | €327,572 | €327,572 | = | 0.0% |
| Current assets | 29/58 | €153,769 | €229,030 | +€75,261 | +48.9% |
| Amounts receivable within one year | 40/41 | €106,525 | €202,249 | +€95,724 | +89.9% |
| Trade receivables | 40 | €97,945 | €192,596 | +€94,651 | +96.6% |
| Other amounts receivable | 41 | €8,580 | €9,653 | +€1,073 | +12.5% |
| Cash at bank and in hand | 54/58 | €46,728 | €26,771 | -€19,957 | -42.7% |
| Deferred charges and accrued income | 490/1 | €516 | €10 | -€505 | -98.0% |
| Total equity and liabilities | 10/49 | €513,279 | €577,254 | +€63,975 | +12.5% |
| Equity | 10/15 | €406,574 | €444,514 | +€37,941 | +9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €339,360 | €339,360 | = | 0.0% |
| 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 | €337,500 | €337,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,614 | €86,554 | +€37,941 | +78.0% |
| Amounts payable | 17/49 | €106,706 | €132,740 | +€26,034 | +24.4% |
| Amounts payable after more than one year | 17 | €54,765 | €39,375 | -€15,390 | -28.1% |
| Financial debts | 170/4 | €54,765 | €39,375 | -€15,390 | -28.1% |
| Amounts payable within one year | 42/48 | €51,941 | €93,365 | +€41,424 | +79.8% |
| Current portion of amounts payable after more than one year | 42 | €15,188 | €15,390 | +€202 | +1.3% |
| Trade debts | 44 | €34,442 | €75,539 | +€41,097 | +119% |
| Suppliers | 440/4 | €34,442 | €75,539 | +€41,097 | +119% |
| Taxes, remuneration and social security | 45 | €2,310 | €2,436 | +€126 | +5.4% |
| Taxes | 450/3 | €607 | €607 | +€1 | +0.1% |
| Remuneration and social security | 454/9 | €1,703 | €1,828 | +€125 | +7.4% |
| Remuneration, social security and pensions | 62 | €5,953 | €6,036 | +€83 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,385 | €11,286 | -€1,099 | -8.9% |
| Other operating charges | 640/8 | €2,086 | €2,021 | -€66 | -3.1% |
| Gross operating margin | 9900 | €56,963 | €73,352 | +€16,389 | +28.8% |
| Operating profit (loss) | 9901 | €36,538 | €54,009 | +€17,470 | +47.8% |
| Financial charges | 65/66B | €1,164 | €936 | -€229 | -19.7% |
| Recurring financial charges | 65 | €1,164 | €936 | -€229 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €35,374 | €53,073 | +€17,699 | +50.0% |
| Income taxes | 67/77 | €10,607 | €15,133 | +€4,526 | +42.7% |
| Profit (loss) for the period | 9904 | €24,767 | €37,941 | +€13,173 | +53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,767 | €37,941 | +€13,173 | +53.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.