EXTRA-POWER: 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.
What changed
EXTRA-POWER
NACE 43.211, General electrical installation work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4.8m
2024 · €3.9m+€847,320
Equity
€8.1m
2024 · €5.5m+€2.6m
Cash
€2.3m
2024 · €1.8m+€545,601
Balance sheet total
€20.4m
2024 · €18.2m+€2.2m
Largest movements
Assets
- Receivables within one year +€1.2m
up €1.2m (+15.2%), from €8.1m to €9.3m
of which Other amounts receivable: +€2.5m
- Cash +€545,601
up €545,601 (+31.1%), from €1.8m to €2.3m
mainly Net result for the year (+€4.8m) and Tax, wage and social debts (+€550,285)
- Current investments +€516,783
up €516,783 (+25.5%), from €2.0m to €2.5m
Equity and liabilities
- Reserves +€2.6m
up €2.6m (+47.1%), from €5.5m to €8.1m
of which Distributable reserves: +€2.6m
- Trade debts -€1.2m
down €1.2m (-26.7%), from €4.5m to €3.3m
- Tax, wage and social debts +€550,285
up €550,285 (+125%), from €440,121 to €990,406
of which Taxes: +€437,170
- Other debts +€320,075
up €320,075 (+6.2%), from €5.1m to €5.5m
- Accrued charges and deferred income -€239,406
down €239,406 (-30.5%), from €785,064 to €545,659
Income statement
- Turnover +€1.6m
up €1.6m (+5.3%), from €30.5m to €32.1m
- Taxes +€816,788
up €816,788 (+61.9%), from €1.3m to €2.1m
of which Taxes: +€817,200
- Goods and materials -€780,191
down €780,191 (-3.9%), from €19.9m to €19.2m
of which Purchases: -€1.9m
- Staff costs +€689,549
up €689,549 (+33.6%), from €2.1m to €2.7m
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.
Result 2024
€3.9m
Turnover
+€1.6m
Other operating income
+€51,074
Goods and materials
+€780,191
Services and other goods
-€119,349
Staff costs
-€689,549
Depreciation
-€46,763
Write-downs
+€7,696
Provisions
+€64,347
Other operating charges
-€47,635
Other operating items
-€23,595
Financial income
+€116,170
Financial charges
-€30,590
Taxes
-€816,788
Result 2025
€4.8m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3.4m
Investment
-€703,961
Financing
-€2.1m
Cash 2024
€1.8m
From operations (derived)
+€3.4m
Net result for the year
+€4.8m
Depreciation
+€185,038
Stocks and contracts
+€89,660
Receivables within one year
-€1.2m
Deferred charges and accrued income
+€36,933
Provisions
+€128,834
Trade debts
-€1.2m
Tax, wage and social debts
+€550,285
Other debts
+€320,075
Accrued charges and deferred income
-€239,406
Investment (derived)
-€703,961
Investment in fixed assets (net)
-€187,178
Current investments
-€516,783
Financing
-€2.1m
Debts after one year
-€1,861
Current portion of long-term debt
+€6,164
Contributions, distributions and other
-€2.2m
Cash 2025
€2.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,215,983 | €20,381,554 | +€2.2m | +11.9% |
| Fixed assets | 21/28 | €704,218 | €706,359 | +€2,140 | +0.3% |
| Intangible fixed assets | 21 | €409 | €37,997 | +€37,587 | +9,187% |
| Tangible fixed assets | 22/27 | €675,663 | €628,316 | -€47,347 | -7.0% |
| Land and buildings | 22 | €6,407 | €4,074 | -€2,333 | -36.4% |
| Plant, machinery and equipment | 23 | €103,755 | €97,067 | -€6,689 | -6.4% |
| Furniture and vehicles | 24 | €469,063 | €400,948 | -€68,116 | -14.5% |
| Leasing and similar rights | 25 | €55,833 | €64,936 | +€9,103 | +16.3% |
| Other tangible fixed assets | 26 | €40,605 | €61,292 | +€20,688 | +50.9% |
| Financial fixed assets | 28 | €28,146 | €40,046 | +€11,900 | +42.3% |
| Affiliated companies | 280/1 | €25,440 | €37,340 | +€11,900 | +46.8% |
| Participating interests | 280 | €25,440 | €37,340 | +€11,900 | +46.8% |
| Other financial fixed assets | 284/8 | €2,706 | €2,706 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,706 | €2,706 | = | 0.0% |
| Current assets | 29/58 | €17,511,764 | €19,675,196 | +€2.2m | +12.4% |
| Amounts receivable after more than one year | 29 | €206,817 | €206,817 | = | 0.0% |
| Other amounts receivable | 291 | €206,817 | €206,817 | = | 0.0% |
| Stocks and contracts in progress | 3 | €4,789,852 | €4,700,192 | -€89,660 | -1.9% |
| Stocks | 30/36 | €4,789,852 | €4,700,192 | -€89,660 | -1.9% |
| Goods purchased for resale | 34 | €4,789,852 | €4,700,192 | -€89,660 | -1.9% |
| Amounts receivable within one year | 40/41 | €8,095,449 | €9,323,089 | +€1.2m | +15.2% |
| Trade receivables | 40 | €5,296,233 | €4,024,015 | -€1.3m | -24.0% |
| Other amounts receivable | 41 | €2,799,217 | €5,299,075 | +€2.5m | +89.3% |
| Current investments | 50/53 | €2,026,646 | €2,543,429 | +€516,783 | +25.5% |
| Other investments | 51/53 | €2,026,646 | €2,543,429 | +€516,783 | +25.5% |
| Cash at bank and in hand | 54/58 | €1,754,268 | €2,299,869 | +€545,601 | +31.1% |
| Deferred charges and accrued income | 490/1 | €638,732 | €601,799 | -€36,933 | -5.8% |
| Total equity and liabilities | 10/49 | €18,215,983 | €20,381,554 | +€2.2m | +11.9% |
| Equity | 10/15 | €5,537,898 | €8,143,801 | +€2.6m | +47.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,531,698 | €8,137,601 | +€2.6m | +47.1% |
| Tax-exempt reserves | 132 | €29,750 | €29,750 | = | 0.0% |
| Distributable reserves | 133 | €5,501,948 | €8,107,851 | +€2.6m | +47.4% |
| Provisions and deferred taxes | 16 | €1,736,474 | €1,865,308 | +€128,834 | +7.4% |
| Provisions for liabilities and charges | 160/5 | €1,736,474 | €1,865,308 | +€128,834 | +7.4% |
| Other liabilities and charges | 164/5 | €1,736,474 | €1,865,308 | +€128,834 | +7.4% |
| Amounts payable | 17/49 | €10,941,611 | €10,372,445 | -€569,166 | -5.2% |
| Amounts payable after more than one year | 17 | €54,270 | €52,409 | -€1,861 | -3.4% |
| Financial debts | 170/4 | €54,270 | €52,409 | -€1,861 | -3.4% |
| Leasing and similar obligations | 172 | €43,630 | €47,849 | +€4,219 | +9.7% |
| Credit institutions | 173 | €10,640 | €4,560 | -€6,080 | -57.1% |
| Amounts payable within one year | 42/48 | €10,102,277 | €9,774,377 | -€327,900 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €19,950 | €26,114 | +€6,164 | +30.9% |
| Trade debts | 44 | €4,512,205 | €3,307,782 | -€1.2m | -26.7% |
| Suppliers | 440/4 | €4,512,205 | €3,307,782 | -€1.2m | -26.7% |
| Taxes, remuneration and social security | 45 | €440,121 | €990,406 | +€550,285 | +125% |
| Taxes | 450/3 | €247,988 | €685,158 | +€437,170 | +176% |
| Remuneration and social security | 454/9 | €192,133 | €305,249 | +€113,115 | +58.9% |
| Other amounts payable | 47/48 | €5,130,000 | €5,450,075 | +€320,075 | +6.2% |
| Accrued charges and deferred income | 492/3 | €785,064 | €545,659 | -€239,406 | -30.5% |
| Operating income | 70/76A | €30,526,759 | €32,211,475 | +€1.7m | +5.5% |
| Turnover | 70 | €30,495,464 | €32,097,574 | +€1.6m | +5.3% |
| Other operating income | 74 | €23,427 | €74,501 | +€51,074 | +218% |
| Non-recurring operating income | 76A | €7,869 | €39,400 | +€31,531 | +401% |
| Operating charges | 60/66A | €25,336,974 | €25,443,161 | +€106,187 | +0.4% |
| Goods for resale, raw materials and consumables | 60 | €19,943,560 | €19,163,369 | -€780,191 | -3.9% |
| Purchases | 600/8 | €20,974,783 | €19,073,709 | -€1.9m | -9.1% |
| Change in stocks: decrease (increase) | 609 | -€1,031,223 | €89,660 | +€1.1m | |
| Services and other goods | 61 | €2,997,008 | €3,116,357 | +€119,349 | +4.0% |
| Remuneration, social security and pensions | 62 | €2,051,842 | €2,741,391 | +€689,549 | +33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,274 | €185,038 | +€46,763 | +33.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,696 | - | -€7,696 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €193,182 | €128,834 | -€64,347 | -33.3% |
| Other operating charges | 640/8 | €5,411 | €53,046 | +€47,635 | +880% |
| Non-recurring operating charges | 66A | - | €55,126 | +€55,126 | |
| Operating profit (loss) | 9901 | €5,189,786 | €6,768,314 | +€1.6m | +30.4% |
| Financial income | 75/76B | €95,180 | €211,350 | +€116,170 | +122% |
| Recurring financial income | 75 | €95,180 | €211,350 | +€116,170 | +122% |
| Income from current assets | 751 | €83,131 | €174,621 | +€91,490 | +110% |
| Other financial income | 752/9 | €12,049 | €36,729 | +€24,680 | +205% |
| Financial charges | 65/66B | €55,968 | €86,558 | +€30,590 | +54.7% |
| Recurring financial charges | 65 | €55,968 | €86,558 | +€30,590 | +54.7% |
| Debt charges | 650 | €17,373 | €5,032 | -€12,341 | -71.0% |
| Other financial charges | 652/9 | €38,596 | €81,527 | +€42,931 | +111% |
| Profit (loss) for the period before taxes | 9903 | €5,228,998 | €6,893,105 | +€1.7m | +31.8% |
| Income taxes | 67/77 | €1,320,414 | €2,137,202 | +€816,788 | +61.9% |
| Taxes | 670/3 | €1,320,414 | €2,137,614 | +€817,200 | +61.9% |
| Tax adjustments and reversals of tax provisions | 77 | - | €412 | +€412 | |
| Profit (loss) for the period | 9904 | €3,908,583 | €4,755,903 | +€847,320 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,908,583 | €4,755,903 | +€847,320 | +21.7% |
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 13 October 2026 via checked.be.