G.E. 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.
G.E. Power
Largest movements
- Cash +€58,139
up €58,139 (+40.1%), from €145,076 to €203,214
mainly Other debts (+€105,133) and Net result for the year (+€77,362)
- Receivables within one year +€10,732
up €10,732 (+96.4%), from €11,132 to €21,864
of which Other amounts receivable: +€6,739
- Other debts +€105,133
new in 2025: €105,133
- Reserves -€27,771
down €27,771 (-20.7%), from €134,054 to €106,284
- Tax, wage and social debts -€7,727
down €7,727 (-39.4%), from €19,629 to €11,901
- Gross operating margin +€17,236
up €17,236 (+21.6%), from €79,787 to €97,023
- Taxes -€2,540
down €2,540 (-11.6%), from €21,892 to €19,352
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 | €157,891 | €227,621 | +€69,729 | +44.2% |
| Fixed assets | 21/28 | €1,684 | €2,542 | +€859 | +51.0% |
| Tangible fixed assets | 22/27 | €1,684 | €2,542 | +€859 | +51.0% |
| Furniture and vehicles | 24 | €1,684 | €2,542 | +€859 | +51.0% |
| Current assets | 29/58 | €156,208 | €225,078 | +€68,871 | +44.1% |
| Amounts receivable within one year | 40/41 | €11,132 | €21,864 | +€10,732 | +96.4% |
| Trade receivables | 40 | €11,132 | €15,125 | +€3,993 | +35.9% |
| Other amounts receivable | 41 | - | €6,739 | +€6,739 | |
| Cash at bank and in hand | 54/58 | €145,076 | €203,214 | +€58,139 | +40.1% |
| Total equity and liabilities | 10/49 | €157,891 | €227,621 | +€69,729 | +44.2% |
| Equity | 10/15 | €138,054 | €110,284 | -€27,771 | -20.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €134,054 | €106,284 | -€27,771 | -20.7% |
| Distributable reserves | 133 | €134,054 | €106,284 | -€27,771 | -20.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,837 | €117,337 | +€97,500 | +492% |
| Amounts payable within one year | 42/48 | €19,837 | €117,337 | +€97,500 | +492% |
| Trade debts | 44 | €208 | €303 | +€94 | +45.3% |
| Suppliers | 440/4 | €208 | €303 | +€94 | +45.3% |
| Taxes, remuneration and social security | 45 | €19,629 | €11,901 | -€7,727 | -39.4% |
| Taxes | 450/3 | €19,629 | €11,901 | -€7,727 | -39.4% |
| Other amounts payable | 47/48 | - | €105,133 | +€105,133 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116 | €452 | +€336 | +289% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €79,787 | €97,023 | +€17,236 | +21.6% |
| Operating profit (loss) | 9901 | €79,552 | €96,451 | +€16,898 | +21.2% |
| Financial income | 75/76B | €500 | €304 | -€196 | -39.2% |
| Recurring financial income | 75 | €500 | €304 | -€196 | -39.2% |
| Financial charges | 65/66B | €51 | €40 | -€11 | -20.8% |
| Recurring financial charges | 65 | €51 | €40 | -€11 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €80,001 | €96,714 | +€16,713 | +20.9% |
| Income taxes | 67/77 | €21,892 | €19,352 | -€2,540 | -11.6% |
| Profit (loss) for the period | 9904 | €58,109 | €77,362 | +€19,253 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,109 | €77,362 | +€19,253 | +33.1% |
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 15 October 2026 via checked.be.