'T POETSERKE: what changed
'T POETSERKE
Largest movements
- Tangible fixed assets -€6,141
down €6,141 (-18.4%), from €33,373 to €27,233
of which Furniture and vehicles: -€5,119
- Receivables within one year -€4,932
down €4,932 (-17.5%), from €28,138 to €23,207
of which Other amounts receivable: -€4,956
- Deferred charges and accrued income +€965
up €965 (+180%), from €535 to €1,500
- Cash +€907
up €907 (+3.5%), from €25,593 to €26,500
mainly Depreciation (+€7,288) and Receivables within one year (+€4,932)
- Other debts -€4,607
down €4,607 (-22.4%), from €20,526 to €15,919
- Profit (loss) carried forward -€3,773
new in 2025: -€3,773
- Reserves -€1,860
down €1,860 (-3.9%), from €47,450 to €45,590
- Gross operating margin -€18,097
down €18,097 (-88.8%), from €20,378 to €2,282
- Depreciation +€5,416
up €5,416 (+289%), from €1,872 to €7,288
- Taxes -€1,902
down €1,902 (-93.5%), from €2,034 to €132
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,639 | €78,439 | -€9,200 | -10.5% |
| Fixed assets | 21/28 | €33,373 | €27,233 | -€6,141 | -18.4% |
| Tangible fixed assets | 22/27 | €33,373 | €27,233 | -€6,141 | -18.4% |
| Plant, machinery and equipment | 23 | €3,209 | €2,187 | -€1,022 | -31.8% |
| Furniture and vehicles | 24 | €30,165 | €25,046 | -€5,119 | -17.0% |
| Current assets | 29/58 | €54,266 | €51,207 | -€3,059 | -5.6% |
| Amounts receivable within one year | 40/41 | €28,138 | €23,207 | -€4,932 | -17.5% |
| Trade receivables | 40 | €19,315 | €19,339 | +€24 | +0.1% |
| Other amounts receivable | 41 | €8,824 | €3,868 | -€4,956 | -56.2% |
| Cash at bank and in hand | 54/58 | €25,593 | €26,500 | +€907 | +3.5% |
| Deferred charges and accrued income | 490/1 | €535 | €1,500 | +€965 | +180% |
| Total equity and liabilities | 10/49 | €87,639 | €78,439 | -€9,200 | -10.5% |
| Equity | 10/15 | €66,050 | €60,417 | -€5,633 | -8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,450 | €45,590 | -€1,860 | -3.9% |
| Distributable reserves | 133 | €47,450 | €45,590 | -€1,860 | -3.9% |
| Profit (loss) carried forward | 14 | - | -€3,773 | -€3,773 | |
| Amounts payable | 17/49 | €21,589 | €18,022 | -€3,566 | -16.5% |
| Amounts payable within one year | 42/48 | €21,589 | €18,022 | -€3,566 | -16.5% |
| Trade debts | 44 | €274 | €600 | +€325 | +119% |
| Suppliers | 440/4 | €274 | €600 | +€325 | +119% |
| Taxes, remuneration and social security | 45 | €789 | €1,504 | +€715 | +90.6% |
| Taxes | 450/3 | €789 | €1,504 | +€715 | +90.6% |
| Other amounts payable | 47/48 | €20,526 | €15,919 | -€4,607 | -22.4% |
| Non-recurring operating income | 76A | €7,200 | - | -€7,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,872 | €7,288 | +€5,416 | +289% |
| Other operating charges | 640/8 | €216 | €159 | -€57 | -26.5% |
| Non-recurring operating charges | 66A | €8,316 | - | -€8,316 | |
| Gross operating margin | 9900 | €20,378 | €2,282 | -€18,097 | -88.8% |
| Operating profit (loss) | 9901 | €9,974 | -€5,166 | -€15,140 | |
| Financial charges | 65/66B | €336 | €336 | -€0 | -0.1% |
| Recurring financial charges | 65 | €336 | €336 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €9,638 | -€5,501 | -€15,139 | |
| Income taxes | 67/77 | €2,034 | €132 | -€1,902 | -93.5% |
| Profit (loss) for the period | 9904 | €7,604 | -€5,633 | -€13,238 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,604 | -€5,633 | -€13,238 |
Next steps
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 3 November 2026 via checked.be.