Potrell
ActiveSummary
Potrell has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.70M and a net result of €1.04M. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 46% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability61▼-7
Solvency59▲+3
Growth76▼-9
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €470k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.55 in 2024; short-term debt: 61% and cash: 0.4% of total assets), but 66.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.7%
Return on assets
4.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
16 d early
2023
6 d early
2022
11 d early
2021
34 d early
2020
82 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€12.18M▼ 28.4%
2024 · €17.02M
2018: €5.59Mlowest value
2021: €13.52M
2022: €8.19M▼ -39.4% vs 2021
2023: €11.91M▲ +45.5% vs 2022
2024: €17.02M▲ +42.9% vs 2023highest value
2025: €12.18M▼ -28.4% vs 2024
2018 → 2025
EBIT margin
14.9%▼ 3.7pp
2024 · 18.6%
2018: 5.3%lowest value
2021: 19.5%
2022: 20.1%▲ +3.2% vs 2021highest value
2023: 15.0%▼ -25.2% vs 2022
2024: 18.6%▲ +23.5% vs 2023
2025: 14.9%▼ -20.0% vs 2024
2018 → 2025
Net result
€1.04M▼ 42.8%
2024 · €1.82M
2018: €80klowest in 8 years
2019: €419k▲ +423% vs 2018
2020: €817k▲ +94.8% vs 2019
2021: €1.81M▲ +121% vs 2020
2022: €1.01M▼ -44.2% vs 2021
2023: €756k▼ -25.1% vs 2022
2024: €1.82M▲ +141% vs 2023highest in 8 years
2025: €1.04M▼ -42.8% vs 2024
2018 → 2025
Working capital
€8.82M▲ 6.5%
2024 · €8.28M
2018: €1.57Mlowest in 8 years
2019: €1.97M▲ +25.6% vs 2018
2020: €3.86M▲ +96.5% vs 2019
2021: €5.29M▲ +36.8% vs 2020
2022: €6.16M▲ +16.5% vs 2021
2023: €7.19M▲ +16.7% vs 2022
2024: €8.28M▲ +15.1% vs 2023
2025: €8.82M▲ +6.5% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.52M-€8.19M▼ 39.4%€11.91M▲ 45.5%€17.02M▲ 42.9%€12.18M▼ 28.4%
2021: €13.52M
2022: €8.19M▼ -39.4% vs 2021lowest in 5 years
2023: €11.91M▲ +45.5% vs 2022
2024: €17.02M▲ +42.9% vs 2023highest in 5 years
2025: €12.18M▼ -28.4% vs 2024
Equity€4.18M-€5.04M▲ 20.6%€6.04M▲ 20.0%€7.16M▲ 18.5%€7.70M▲ 7.5%
2021: €4.18Mlowest in 5 years
2022: €5.04M▲ +20.6% vs 2021
2023: €6.04M▲ +20.0% vs 2022
2024: €7.16M▲ +18.5% vs 2023
2025: €7.70M▲ +7.5% vs 2024highest in 5 years
Operating result€2.63M-€1.65M▼ 37.5%€1.79M▲ 8.9%€3.16M▲ 76.5%€1.81M▼ 42.7%
2021: €2.63M
2022: €1.65M▼ -37.5% vs 2021lowest in 5 years
2023: €1.79M▲ +8.9% vs 2022
2024: €3.16M▲ +76.5% vs 2023highest in 5 years
2025: €1.81M▼ -42.7% vs 2024
Net result€1.81M-€1.01M▼ 44.2%€756k▼ 25.1%€1.82M▲ 141%€1.04M▼ 42.8%
2021: €1.81M
2022: €1.01M▼ -44.2% vs 2021
2023: €756k▼ -25.1% vs 2022lowest in 5 years
2024: €1.82M▲ +141% vs 2023highest in 5 years
2025: €1.04M▼ -42.8% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.85M
Fixed assets
€94k ▼ 0.4%
Current assets
€22.76M ▼ 2.6%
Equity and liabilities €22.85M
Equity
€7.70M ▲ 7.5%
Debt
€15.15M ▼ 7.0%
Debt's share of the balance-sheet total falls from 69.5% to 66.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.81M▼
2024 · €3.16M
Cash flow
€1.04M▼
2024 · €1.82M
Current ratio
1.63▲
2024 · 1.55
Quick ratio
0.56▼
2024 · 0.63
Debt to equity
1.97▼
2024 · 2.27
ROE
13.5%▼
2024 · 25.4%
ROA
4.6%▼
2024 · 7.8%
Interest coverage
3.19▼
2024 · 3.23
Debt ≤ 1 year
€13.94M▼
2024 · €15.08M
Debt > 1 year
€1.20M=
2024 · €1.20M
Income taxes
€350k▼
2024 · €623k
Staff costs
€99k▲
2024 · €97k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 73 lines
Balance sheet
Code20242025
Assets
Total assets20/58€23.45M€22.85M▼
Fixed assets21/28€94k€94k▼
Tangible fixed assets22/27€84k€83k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€43k€43k=
Other tangible fixed assets26€41k€40k▼
Financial fixed assets28€11k€11k=
Other financial fixed assets284/8€11k€11k=
Amounts receivable and cash guarantees285/8€11k€11k=
Current assets29/58€23.36M€22.76M▼
Stocks and contracts in progress3€13.88M€14.99M▲
Stocks30/36€13.88M€14.99M▲
Property held for sale35€13.83M€14.94M▲
Advance payments36€50k€50k=
Amounts receivable within one year40/41€9.30M€7.61M▼
Trade receivables40€7.39M€4.57M▼
Other amounts receivable41€1.91M€3.04M▲
Cash at bank and in hand54/58€37k€86k▲
Deferred charges and accrued income490/1€135k€74k▼
Equity and liabilities
Total equity and liabilities10/49€23.45M€22.85M▼
Equity10/15€7.16M€7.70M▲
Contributions10/11€1.20M€1.20M=
Reserves13€1.59M€1.00M▼
Tax-exempt reserves132€1.54M€953k▼
Distributable reserves133€49k€49k=
Profit (loss) carried forward14€4.37M€5.50M▲
Amounts payable17/49€16.29M€15.15M▼
Amounts payable after more than one year17€1.20M€1.20M=
Financial debts170/4€1.20M€1.20M=
Other loans174€1.20M€1.20M=
Amounts payable within one year42/48€15.08M€13.94M▼
Financial debts43€13.23M€11.50M▼
Credit institutions430/8€13.23M€11.50M▼
Trade debts44€11k€46k▲
Suppliers440/4€11k€46k▲
Taxes, remuneration and social security45€66k€56k▼
Taxes450/3€56k€46k▼
Remuneration and social security454/9€10k€10k▲
Other amounts payable47/48€1.77M€2.34M▲
Accrued charges and deferred income492/3€11k€12k▲
Income statement
Code20242025
Operating income70/76A€17.06M€12.21M▼
Turnover70€17.02M€12.18M▼
Other operating income74€40k€31k▼
Non-recurring operating income76A€826-
Operating charges60/66A€13.89M€10.40M▼
Goods for resale, raw materials and consumables60€13.60M€9.86M▼
Purchases600/8€11.13M€10.97M▼
Change in stocks: decrease (increase)609€2.47M€-1.11M▼
Services and other goods61€190k€194k▲
Remuneration, social security and pensions62€97k€99k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€2k€12k▲
Non-recurring operating charges66A-€235k
Operating profit (loss)9901€3.16M€1.81M▼
Financial income75/76B€297k€193k▼
Recurring financial income75€297k€193k▼
Income from current assets751€176k€149k▼
Other financial income752/9€121k€44k▼
Financial charges65/66B€1.02M€614k▼
Recurring financial charges65€1.02M€614k▼
Debt charges650€979k€568k▼
Other financial charges652/9€40k€46k▲
Profit (loss) for the period before taxes9903€2.44M€1.39M▼
Income taxes67/77€623k€350k▼
Taxes670/3€623k€350k▼
Profit (loss) for the period9904€1.82M€1.04M▼
Transfer from tax-exempt reserves789€204k€590k▲
Profit (loss) for the period to be appropriated9905€2.02M€1.63M▼
Appropriation of the result
Profit (loss) to be appropriated9906€5.07M€6.00M▲
Profit (loss) brought forward from the previous period14P€3.05M€4.37M▲
Profit to be distributed694/7€700k€500k▼
Return on contributions (dividend)694€700k€500k▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (54 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €13.53M | €8.26M | €11.94M | €17.06M | €12.21M | ▼ 28.4% |
| Turnover70 | €13.52M | €8.19M | €11.91M | €17.02M | €12.18M | ▼ 28.4% |
| Other operating income74 | €10k | €63k | €23k | €40k | €31k | ▼ 21.5% |
| Non-recurring operating income76A | - | €11k | €3k | €826 | - | - |
| Operating charges60/66A | €10.89M | €6.61M | €10.14M | €13.89M | €10.40M | ▼ 25.1% |
| Goods for resale, raw materials and consumables60 | €10.63M | €6.35M | €9.89M | €13.60M | €9.86M | ▼ 27.5% |
| Purchases600/8 | €8.26M | €13.84M | €8.89M | €11.13M | €10.97M | ▼ 1.5% |
| Change in stocks: decrease (increase)609 | €2.37M | €-7.49M | €1.00M | €2.47M | €-1.11M | ▼ 145% |
| Services and other goods61 | €134k | €163k | €155k | €190k | €194k | ▲ 2.2% |
| Remuneration, social security and pensions62 | €113k | €89k | €90k | €97k | €99k | ▲ 1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €4k | €2k | €2k | €2k | ▲ 5.8% |
| Other operating charges640/8 | €2k | €13k | €2k | €2k | €12k | ▲ 580% |
| Non-recurring operating charges66A | - | - | - | - | €235k | - |
| Operating profit (loss)9901 | €2.63M | €1.65M | €1.79M | €3.16M | €1.81M | ▼ 42.7% |
| Financial income75/76B | €9k | €58k | €198k | €297k | €193k | ▼ 35.1% |
| Recurring financial income75 | €9k | €58k | €198k | €297k | €193k | ▼ 35.1% |
| Income from current assets751 | €9k | €49k | €108k | €176k | €149k | ▼ 15.5% |
| Other financial income752/9 | - | €9k | €90k | €121k | €44k | ▼ 63.8% |
| Financial charges65/66B | €240k | €351k | €983k | €1.02M | €614k | ▼ 39.7% |
| Recurring financial charges65 | €240k | €351k | €983k | €1.02M | €614k | ▼ 39.7% |
| Debt charges650 | €219k | €324k | €951k | €979k | €568k | ▼ 42.0% |
| Other financial charges652/9 | €21k | €27k | €31k | €40k | €46k | ▲ 14.4% |
| Profit (loss) for the period before taxes9903 | €2.40M | €1.35M | €1.01M | €2.44M | €1.39M | ▼ 43.1% |
| Income taxes67/77 | €597k | €344k | €251k | €623k | €350k | ▼ 43.9% |
| Taxes670/3 | €597k | €344k | €251k | €623k | €350k | ▼ 43.9% |
| Profit (loss) for the period9904 | €1.81M | €1.01M | €756k | €1.82M | €1.04M | ▼ 42.8% |
| Transfer from tax-exempt reserves789 | - | - | - | €204k | €590k | ▲ 189% |
| Transfer to tax-exempt reserves689 | €674k | €211k | €337k | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €1.13M | €798k | €419k | €2.02M | €1.63M | ▼ 19.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14.15M | €23.32M | €23.93M | €23.45M | €22.85M | ▼ 2.6% |
| Fixed assets21/28 | €97k | €93k | €91k | €94k | €94k | ▼ 0.4% |
| Tangible fixed assets22/27 | €90k | €87k | €85k | €84k | €83k | ▼ 0.5% |
| Plant, machinery and equipment23 | €39 | - | - | - | €1k | - |
| Furniture and vehicles24 | €44k | €43k | €43k | €43k | €43k | = |
| Other tangible fixed assets26 | €46k | €44k | €43k | €41k | €40k | ▼ 3.7% |
| Financial fixed assets28 | €6k | €6k | €6k | €11k | €11k | = |
| Other financial fixed assets284/8 | €6k | €6k | €6k | €11k | €11k | = |
| Amounts receivable and cash guarantees285/8 | €6k | €6k | €6k | €11k | €11k | = |
| Current assets29/58 | €14.05M | €23.23M | €23.84M | €23.36M | €22.76M | ▼ 2.6% |
| Stocks and contracts in progress3 | €10.34M | €17.75M | €16.47M | €13.88M | €14.99M | ▲ 8.0% |
| Stocks30/36 | €10.34M | €17.75M | €16.47M | €13.88M | €14.99M | ▲ 8.0% |
| Property held for sale35 | €9.81M | €17.30M | €16.30M | €13.83M | €14.94M | ▲ 8.0% |
| Advance payments36 | €529k | €445k | €167k | €50k | €50k | = |
| Amounts receivable within one year40/41 | €3.53M | €5.25M | €7.05M | €9.30M | €7.61M | ▼ 18.3% |
| Trade receivables40 | €2.60M | €3.89M | €4.56M | €7.39M | €4.57M | ▼ 38.2% |
| Other amounts receivable41 | €930k | €1.36M | €2.49M | €1.91M | €3.04M | ▲ 58.7% |
| Cash at bank and in hand54/58 | €59k | €108k | €213k | €37k | €86k | ▲ 133% |
| Deferred charges and accrued income490/1 | €125k | €121k | €112k | €135k | €74k | ▼ 45.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14.15M | €23.32M | €23.93M | €23.45M | €22.85M | ▼ 2.6% |
| Equity10/15 | €4.18M | €5.04M | €6.04M | €7.16M | €7.70M | ▲ 7.5% |
| Contributions10/11 | €947k | €947k | €1.20M | €1.20M | €1.20M | = |
| Reserves13 | €1.25M | €1.46M | €1.80M | €1.59M | €1.00M | ▼ 37.0% |
| Non-distributable reserves130/1 | €49k | €49k | - | - | - | - |
| Reserves not available under the articles1311 | €49k | €49k | - | - | - | - |
| Tax-exempt reserves132 | €1.20M | €1.41M | €1.75M | €1.54M | €953k | ▼ 38.2% |
| Distributable reserves133 | - | - | €49k | €49k | €49k | = |
| Profit (loss) carried forward14 | €1.98M | €2.63M | €3.05M | €4.37M | €5.50M | ▲ 25.8% |
| Amounts payable17/49 | €9.97M | €18.28M | €17.89M | €16.29M | €15.15M | ▼ 7.0% |
| Amounts payable after more than one year17 | €1.20M | €1.20M | €1.20M | €1.20M | €1.20M | = |
| Financial debts170/4 | €1.20M | €1.20M | €1.20M | €1.20M | €1.20M | = |
| Other loans174 | €1.20M | €1.20M | €1.20M | €1.20M | €1.20M | = |
| Amounts payable within one year42/48 | €8.76M | €17.06M | €16.65M | €15.08M | €13.94M | ▼ 7.6% |
| Financial debts43 | €7.76M | €14.29M | €13.37M | €13.23M | €11.50M | ▼ 13.1% |
| Credit institutions430/8 | €7.76M | €14.29M | €13.37M | €13.23M | €11.50M | ▼ 13.1% |
| Trade debts44 | €26k | €61k | €46k | €11k | €46k | ▲ 316% |
| Suppliers440/4 | €26k | €61k | €46k | €11k | €46k | ▲ 316% |
| Taxes, remuneration and social security45 | €11k | €154k | €239k | €66k | €56k | ▼ 14.6% |
| Taxes450/3 | €725 | €145k | €229k | €56k | €46k | ▼ 17.8% |
| Remuneration and social security454/9 | €11k | €10k | €11k | €10k | €10k | ▲ 3.6% |
| Other amounts payable47/48 | €969k | €2.56M | €2.99M | €1.77M | €2.34M | ▲ 31.7% |
| Accrued charges and deferred income492/3 | €6k | €18k | €39k | €11k | €12k | ▲ 9.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.81M | €1.01M | €756k | €1.82M | €1.04M | ▼ 42.8% |
| + Depreciation and write-downs630 | €13k | €4k | €2k | €2k | €2k | ▲ 5.8% |
| Operating cash flow (approximation) | €1.82M | €1.01M | €757k | €1.82M | €1.04M | ▼ 42.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-5k | €-1k | ▲ 73.8% |
| Change in cash | - | €49k | €105k | €-176k | €49k | ▲ 128% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €1.82M ▲141%
Operating result €3.16M, net result €1.82M, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €5MEq €5.04M ▲20.6%
5 profitable years in a row build equity to €5.04M.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €2MEq €2.10M ▲24.9%
2 profitable years in a row build equity to €2.10M.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 62 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2009
Ground area
5,645 m²
Building footprint
1,383 m²
Volume, LiDAR
7,599 m³
Parcel 36494E0505/00L002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
POTRELL
since 20092.178.190.527
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494E0505/00L002 | Flanders | 5,645 m² | 1 · 1,383 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 1,637 EUR awarded · 1,637 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 288 EUR | 288 EUR |
| 2022 | 1 | 1,349 EUR | 1,349 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
699400TO2U6HPQN30C77
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 1,430 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68110Buying and selling of own real estate
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.