2000watt: what changed
Two fiscal 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.
2000watt
Largest movements
- Cash +€72,837
up €72,837 (+177.2%), from €41,096 to €113,933
mainly Net result for the year (+€70,509) and Receivables within one year (+€19,335)
- Receivables within one year -€19,335
down €19,335 (-58.5%), from €33,061 to €13,726
of which Trade receivables: -€19,325
- Current investments +€18,000
new in 2025: €18,000
- Deferred charges and accrued income +€3,058
up €3,058 (+598.0%), from €511 to €3,569
- Reserves +€70,509
up €70,509 (+110.8%), from €63,647 to €134,156
- Trade debts +€2,465
up €2,465 (+727.8%), from €339 to €2,804
- Gross operating margin +€10,752
up €10,752 (+12.5%), from €86,182 to €96,934
- Depreciation +€2,089
up €2,089 (+88.4%), from €2,363 to €4,452
- Taxes +€1,800
up €1,800 (+10.6%), from €16,932 to €18,732
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 | €86,085 | €159,106 | +€73,021 | +84.8% |
| Fixed assets | 21/28 | €11,416 | €9,878 | -€1,538 | -13.5% |
| Tangible fixed assets | 22/27 | €11,416 | €9,878 | -€1,538 | -13.5% |
| Furniture and vehicles | 24 | €11,416 | €9,878 | -€1,538 | -13.5% |
| Current assets | 29/58 | €74,668 | €149,228 | +€74,559 | +99.9% |
| Amounts receivable within one year | 40/41 | €33,061 | €13,726 | -€19,335 | -58.5% |
| Trade receivables | 40 | €33,051 | €13,726 | -€19,325 | -58.5% |
| Other amounts receivable | 41 | €10 | - | -€10 | |
| Current investments | 50/53 | - | €18,000 | +€18,000 | |
| Cash at bank and in hand | 54/58 | €41,096 | €113,933 | +€72,837 | +177.2% |
| Deferred charges and accrued income | 490/1 | €511 | €3,569 | +€3,058 | +598.0% |
| Total equity and liabilities | 10/49 | €86,085 | €159,106 | +€73,021 | +84.8% |
| Equity | 10/15 | €66,647 | €137,156 | +€70,509 | +105.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €63,647 | €134,156 | +€70,509 | +110.8% |
| Distributable reserves | 133 | €63,647 | €134,156 | +€70,509 | +110.8% |
| Amounts payable | 17/49 | €19,437 | €21,950 | +€2,512 | +12.9% |
| Amounts payable within one year | 42/48 | €19,437 | €21,950 | +€2,512 | +12.9% |
| Trade debts | 44 | €339 | €2,804 | +€2,465 | +727.8% |
| Suppliers | 440/4 | €339 | €2,804 | +€2,465 | +727.8% |
| Taxes, remuneration and social security | 45 | €19,094 | €19,035 | -€59 | -0.3% |
| Taxes | 450/3 | €19,094 | €19,035 | -€59 | -0.3% |
| Other amounts payable | 47/48 | €5 | €111 | +€106 | +2124.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,363 | €4,452 | +€2,089 | +88.4% |
| Other operating charges | 640/8 | €417 | €873 | +€456 | +109.2% |
| Gross operating margin | 9900 | €86,182 | €96,934 | +€10,752 | +12.5% |
| Operating profit (loss) | 9901 | €83,402 | €91,609 | +€8,207 | +9.8% |
| Financial income | 75/76B | €1 | €54 | +€54 | +7328.8% |
| Recurring financial income | 75 | €1 | €54 | +€54 | +7328.8% |
| Financial charges | 65/66B | €2,823 | €2,422 | -€401 | -14.2% |
| Recurring financial charges | 65 | €2,823 | €2,422 | -€401 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €80,580 | €89,241 | +€8,662 | +10.7% |
| Income taxes | 67/77 | €16,932 | €18,732 | +€1,800 | +10.6% |
| Profit (loss) for the period | 9904 | €63,647 | €70,509 | +€6,862 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €63,647 | €70,509 | +€6,862 | +10.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.