4poWer4 -PowerStand: 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.
4poWer4 -PowerStand
Largest movements
- Intangible fixed assets +€49,622
up €49,622 (+37.7%), from €131,710 to €181,332
- Stocks and contracts -€43,012
down €43,012 (-3.8%), from €1.1m to €1.1m
- Receivables within one year +€35,085
up €35,085 (+21.6%), from €162,253 to €197,338
of which Trade receivables: +€25,968
- Cash +€21,979
up €21,979 (+3,004%), from €732 to €22,711
mainly Other debts (+€670,390) and Depreciation (+€100,627)
- Other debts +€670,390
up €670,390 (+11.6%), from €5.8m to €6.5m
- Profit (loss) carried forward -€465,334
down €465,334 (-10.2%), from -€4.6m to -€5.0m
- Trade debts -€128,045
down €128,045 (-49.0%), from €261,526 to €133,481
- Depreciation +€25,528
up €25,528 (+34.0%), from €75,099 to €100,627
- Other operating charges +€16,435
up €16,435 (+210%), from €7,839 to €24,274
- Financial income -€16,138
down €16,138 (-82.2%), from €19,622 to €3,484
- Gross operating margin +€15,618
up €15,618 (+8.0%), from -€194,217 to -€178,600
- Staff costs -€11,243
down €11,243 (-6.3%), from €177,672 to €166,429
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.
Derived cash bridge
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 | €1,534,798 | €1,609,389 | +€74,591 | +4.9% |
| Fixed assets | 21/28 | €222,068 | €282,937 | +€60,869 | +27.4% |
| Intangible fixed assets | 21 | €131,710 | €181,332 | +€49,622 | +37.7% |
| Tangible fixed assets | 22/27 | €73,488 | €84,735 | +€11,248 | +15.3% |
| Plant, machinery and equipment | 23 | €622 | €701 | +€79 | +12.7% |
| Furniture and vehicles | 24 | €72,210 | €84,034 | +€11,824 | +16.4% |
| Other tangible fixed assets | 26 | €655 | - | -€655 | |
| Financial fixed assets | 28 | €16,870 | €16,870 | = | 0.0% |
| Current assets | 29/58 | €1,312,731 | €1,326,452 | +€13,722 | +1.0% |
| Stocks and contracts in progress | 3 | €1,128,504 | €1,085,492 | -€43,012 | -3.8% |
| Stocks | 30/36 | €1,128,504 | €1,085,492 | -€43,012 | -3.8% |
| Amounts receivable within one year | 40/41 | €162,253 | €197,338 | +€35,085 | +21.6% |
| Trade receivables | 40 | €145,615 | €171,584 | +€25,968 | +17.8% |
| Other amounts receivable | 41 | €16,638 | €25,755 | +€9,117 | +54.8% |
| Cash at bank and in hand | 54/58 | €732 | €22,711 | +€21,979 | +3,004% |
| Deferred charges and accrued income | 490/1 | €21,242 | €20,911 | -€330 | -1.6% |
| Total equity and liabilities | 10/49 | €1,534,798 | €1,609,389 | +€74,591 | +4.9% |
| Equity | 10/15 | -€4,538,347 | -€5,003,681 | -€465,334 | -10.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,556,947 | -€5,022,281 | -€465,334 | -10.2% |
| Amounts payable | 17/49 | €6,073,146 | €6,613,070 | +€539,924 | +8.9% |
| Amounts payable within one year | 42/48 | €6,073,146 | €6,613,070 | +€539,924 | +8.9% |
| Trade debts | 44 | €261,526 | €133,481 | -€128,045 | -49.0% |
| Suppliers | 440/4 | €261,526 | €133,481 | -€128,045 | -49.0% |
| Taxes, remuneration and social security | 45 | €13,660 | €11,240 | -€2,420 | -17.7% |
| Taxes | 450/3 | €3,288 | - | -€3,288 | |
| Remuneration and social security | 454/9 | €10,372 | €11,240 | +€868 | +8.4% |
| Other amounts payable | 47/48 | €5,797,960 | €6,468,350 | +€670,390 | +11.6% |
| Remuneration, social security and pensions | 62 | €177,672 | €166,429 | -€11,243 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,099 | €100,627 | +€25,528 | +34.0% |
| Other operating charges | 640/8 | €7,839 | €24,274 | +€16,435 | +210% |
| Gross operating margin | 9900 | -€194,217 | -€178,600 | +€15,618 | +8.0% |
| Operating profit (loss) | 9901 | -€454,828 | -€469,929 | -€15,101 | -3.3% |
| Financial income | 75/76B | €19,622 | €3,484 | -€16,138 | -82.2% |
| Recurring financial income | 75 | €19,622 | €3,484 | -€16,138 | -82.2% |
| Financial charges | 65/66B | €1,393 | €1,237 | -€156 | -11.2% |
| Recurring financial charges | 65 | €1,393 | €1,237 | -€156 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | -€436,599 | -€467,682 | -€31,083 | -7.1% |
| Income taxes | 67/77 | €400 | -€2,348 | -€2,748 | |
| Profit (loss) for the period | 9904 | -€436,999 | -€465,334 | -€28,335 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€436,999 | -€465,334 | -€28,335 | -6.5% |
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 19 October 2026 via checked.be.