EM-Power Solutions: 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.
EM-Power Solutions
Largest movements
- Current investments +€432,451
up €432,451 (+85.5%), from €506,000 to €938,451
- Cash +€40,220
up €40,220 (+80.1%), from €50,194 to €90,414
mainly Net result for the year (+€334,589) and Tax, wage and social debts (+€114,199)
- Receivables within one year -€14,497
down €14,497 (-31.6%), from €45,924 to €31,427
of which Trade receivables: -€14,517
- Reserves +€334,589
new in 2025: €334,589
- Tax, wage and social debts +€114,199
up €114,199 (+77.5%), from €147,301 to €261,500
- Gross operating margin -€28,682
down €28,682 (-5.7%), from €502,557 to €473,874
- Taxes +€26,113
up €26,113 (+21.6%), from €120,785 to €146,898
- Financial income +€11,419
up €11,419 (+221%), from €5,178 to €16,597
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 | €637,981 | €1,088,249 | +€450,268 | +70.6% |
| Fixed assets | 21/28 | €34,494 | €26,798 | -€7,696 | -22.3% |
| Tangible fixed assets | 22/27 | €34,494 | €26,798 | -€7,696 | -22.3% |
| Furniture and vehicles | 24 | €34,494 | €26,798 | -€7,696 | -22.3% |
| Current assets | 29/58 | €603,487 | €1,061,451 | +€457,964 | +75.9% |
| Amounts receivable within one year | 40/41 | €45,924 | €31,427 | -€14,497 | -31.6% |
| Trade receivables | 40 | €45,699 | €31,182 | -€14,517 | -31.8% |
| Other amounts receivable | 41 | €225 | €245 | +€20 | +8.9% |
| Current investments | 50/53 | €506,000 | €938,451 | +€432,451 | +85.5% |
| Cash at bank and in hand | 54/58 | €50,194 | €90,414 | +€40,220 | +80.1% |
| Deferred charges and accrued income | 490/1 | €1,369 | €1,158 | -€211 | -15.4% |
| Total equity and liabilities | 10/49 | €637,981 | €1,088,249 | +€450,268 | +70.6% |
| Equity | 10/15 | €484,841 | €819,430 | +€334,589 | +69.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | - | €334,589 | +€334,589 | |
| Distributable reserves | 133 | - | €334,589 | +€334,589 | |
| Profit (loss) carried forward | 14 | €484,341 | €484,341 | = | 0.0% |
| Amounts payable | 17/49 | €153,140 | €268,819 | +€115,679 | +75.5% |
| Amounts payable within one year | 42/48 | €153,095 | €268,774 | +€115,679 | +75.6% |
| Trade debts | 44 | €355 | €992 | +€637 | +180% |
| Suppliers | 440/4 | €355 | €992 | +€637 | +180% |
| Taxes, remuneration and social security | 45 | €147,301 | €261,500 | +€114,199 | +77.5% |
| Taxes | 450/3 | €147,301 | €261,500 | +€114,199 | +77.5% |
| Other amounts payable | 47/48 | €5,440 | €6,282 | +€842 | +15.5% |
| Accrued charges and deferred income | 492/3 | €45 | €45 | +€0 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,219 | €8,696 | +€3,477 | +66.6% |
| Other operating charges | 640/8 | €159 | €101 | -€58 | -36.6% |
| Non-recurring operating charges | 66A | €450 | - | -€450 | |
| Gross operating margin | 9900 | €502,557 | €473,874 | -€28,682 | -5.7% |
| Operating profit (loss) | 9901 | €496,728 | €465,077 | -€31,651 | -6.4% |
| Financial income | 75/76B | €5,178 | €16,597 | +€11,419 | +221% |
| Recurring financial income | 75 | €5,178 | €16,597 | +€11,419 | +221% |
| Financial charges | 65/66B | - | €187 | +€187 | |
| Recurring financial charges | 65 | - | €187 | +€187 | |
| Profit (loss) for the period before taxes | 9903 | €501,906 | €481,488 | -€20,419 | -4.1% |
| Income taxes | 67/77 | €120,785 | €146,898 | +€26,113 | +21.6% |
| Profit (loss) for the period | 9904 | €381,121 | €334,589 | -€46,532 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €381,121 | €334,589 | -€46,532 | -12.2% |
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 17 October 2026 via checked.be.