COREPOWER: 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.
COREPOWER
Largest movements
- Cash +€24,536
up €24,536 (+248.0%), from €9,896 to €34,432
mainly Accrued charges and deferred income (+€49,622) and Current portion of long-term debt (+€12,717)
- Receivables within one year +€21,862
up €21,862 (+118.9%), from €18,387 to €40,249
of which Trade receivables: +€13,941
- Tangible fixed assets +€11,595
up €11,595 (+49.1%), from €23,622 to €35,217
of which Furniture and vehicles: +€14,405
- Stocks and contracts +€1,634
up €1,634 (+66.0%), from €2,474 to €4,108
- Accrued charges and deferred income +€49,622
up €49,622 (+10050.6%), from €494 to €50,116
- Current portion of long-term debt +€12,717
up €12,717 (+207.9%), from €6,118 to €18,835
- Profit (loss) carried forward +€8,637
up €8,637, from -€8,637 to €0
- Debts after one year -€6,320
down €6,320 (-53.8%), from €11,744 to €5,425
- Trade debts -€3,479
down €3,479 (-34.2%), from €10,189 to €6,709
- Gross operating margin +€7,616
up €7,616 (+44.4%), from €17,155 to €24,770
- Taxes +€1,789
up €1,789 (+176.1%), from €1,016 to €2,804
- Depreciation +€1,572
up €1,572 (+16.2%), from €9,679 to €11,251
- Other operating charges -€294
down €294 (-27.5%), from €1,068 to €774
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 | €55,622 | €115,919 | +€60,297 | +108.4% |
| Formation expenses | 20 | €193 | €0 | -€193 | -100.0% |
| Fixed assets | 21/28 | €23,622 | €35,217 | +€11,595 | +49.1% |
| Tangible fixed assets | 22/27 | €23,622 | €35,217 | +€11,595 | +49.1% |
| Plant, machinery and equipment | 23 | €5,124 | €2,315 | -€2,810 | -54.8% |
| Furniture and vehicles | 24 | €18,497 | €32,902 | +€14,405 | +77.9% |
| Current assets | 29/58 | €31,807 | €80,702 | +€48,895 | +153.7% |
| Stocks and contracts in progress | 3 | €2,474 | €4,108 | +€1,634 | +66.0% |
| Stocks | 30/36 | €2,474 | €4,108 | +€1,634 | +66.0% |
| Amounts receivable within one year | 40/41 | €18,387 | €40,249 | +€21,862 | +118.9% |
| Trade receivables | 40 | €17,969 | €31,910 | +€13,941 | +77.6% |
| Other amounts receivable | 41 | €418 | €8,339 | +€7,921 | +1895.4% |
| Cash at bank and in hand | 54/58 | €9,896 | €34,432 | +€24,536 | +248.0% |
| Deferred charges and accrued income | 490/1 | €1,050 | €1,913 | +€863 | +82.2% |
| Total equity and liabilities | 10/49 | €55,622 | €115,919 | +€60,297 | +108.4% |
| Equity | 10/15 | €23,389 | €32,456 | +€9,067 | +38.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €29,526 | €29,956 | +€430 | +1.5% |
| Distributable reserves | 133 | €29,526 | €29,956 | +€430 | +1.5% |
| Profit (loss) carried forward | 14 | -€8,637 | €0 | +€8,637 | |
| Amounts payable | 17/49 | €32,233 | €83,463 | +€51,231 | +158.9% |
| Amounts payable after more than one year | 17 | €11,744 | €5,425 | -€6,320 | -53.8% |
| Financial debts | 170/4 | €11,744 | €5,425 | -€6,320 | -53.8% |
| Amounts payable within one year | 42/48 | €19,995 | €27,923 | +€7,928 | +39.7% |
| Current portion of amounts payable after more than one year | 42 | €6,118 | €18,835 | +€12,717 | +207.9% |
| Trade debts | 44 | €10,189 | €6,709 | -€3,479 | -34.2% |
| Suppliers | 440/4 | €10,189 | €6,709 | -€3,479 | -34.2% |
| Taxes, remuneration and social security | 45 | €3,055 | €2,378 | -€677 | -22.2% |
| Taxes | 450/3 | €3,055 | €0 | -€3,055 | -100.0% |
| Remuneration and social security | 454/9 | - | €2,378 | +€2,378 | |
| Other amounts payable | 47/48 | €632 | €0 | -€632 | -100.0% |
| Accrued charges and deferred income | 492/3 | €494 | €50,116 | +€49,622 | +10050.6% |
| Non-recurring operating income | 76A | €198 | €0 | -€198 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,679 | €11,251 | +€1,572 | +16.2% |
| Other operating charges | 640/8 | €1,068 | €774 | -€294 | -27.5% |
| Gross operating margin | 9900 | €17,155 | €24,770 | +€7,616 | +44.4% |
| Operating profit (loss) | 9901 | €6,408 | €12,745 | +€6,337 | +98.9% |
| Financial income | 75/76B | €32 | €123 | +€91 | +287.7% |
| Recurring financial income | 75 | €32 | €123 | +€91 | +287.7% |
| Financial charges | 65/66B | €968 | €998 | +€30 | +3.1% |
| Recurring financial charges | 65 | €968 | €998 | +€30 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €5,472 | €11,871 | +€6,398 | +116.9% |
| Income taxes | 67/77 | €1,016 | €2,804 | +€1,789 | +176.1% |
| Profit (loss) for the period | 9904 | €4,457 | €9,067 | +€4,610 | +103.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,457 | €9,067 | +€4,610 | +103.4% |
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 10 October 2026 via checked.be.