IH POWERSOLUTIONS: 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.
IH POWERSOLUTIONS
Largest movements
- Receivables within one year +€52,644
up €52,644 (+147.6%), from €35,661 to €88,305
of which Trade receivables: +€53,574
- Cash +€4,035
up €4,035 (+82.2%), from €4,906 to €8,942
mainly Net result for the year (+€41,979) and Tax, wage and social debts (+€15,935)
- Profit (loss) carried forward +€41,979
up €41,979, from -€7,638 to €34,341
- Tax, wage and social debts +€15,935
new in 2025: €15,935
of which Taxes: +€11,657
- Trade debts -€3,550
no longer reported in 2025 (was €3,550)
- Other debts +€2,026
up €2,026 (+4.9%), from €41,544 to €43,570
- Purchases and services -€197,474
no longer reported in 2025 (was €197,474)
- Turnover -€193,393
no longer reported in 2025 (was €193,393)
- Gross operating margin +€72,122
up €72,122, from -€4,080 to €68,042
- Write-downs +€13,599
new in 2025: €13,599
- Taxes +€9,615
new in 2025: €9,615
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 | €41,456 | €97,846 | +€56,391 | +136.0% |
| Fixed assets | 21/28 | €888 | €599 | -€289 | -32.5% |
| Tangible fixed assets | 22/27 | €888 | €599 | -€289 | -32.5% |
| Plant, machinery and equipment | 23 | €888 | €599 | -€289 | -32.5% |
| Current assets | 29/58 | €40,568 | €97,247 | +€56,679 | +139.7% |
| Amounts receivable within one year | 40/41 | €35,661 | €88,305 | +€52,644 | +147.6% |
| Trade receivables | 40 | €33,613 | €87,187 | +€53,574 | +159.4% |
| Other amounts receivable | 41 | €2,048 | €1,118 | -€930 | -45.4% |
| Cash at bank and in hand | 54/58 | €4,906 | €8,942 | +€4,035 | +82.2% |
| Total equity and liabilities | 10/49 | €41,456 | €97,846 | +€56,391 | +136.0% |
| Equity | 10/15 | -€3,638 | €38,341 | +€41,979 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,638 | €34,341 | +€41,979 | |
| Amounts payable | 17/49 | €45,093 | €59,505 | +€14,412 | +32.0% |
| Amounts payable within one year | 42/48 | €45,093 | €59,505 | +€14,412 | +32.0% |
| Trade debts | 44 | €3,550 | - | -€3,550 | |
| Suppliers | 440/4 | €3,550 | - | -€3,550 | |
| Taxes, remuneration and social security | 45 | - | €15,935 | +€15,935 | |
| Taxes | 450/3 | - | €11,657 | +€11,657 | |
| Remuneration and social security | 454/9 | - | €4,279 | +€4,279 | |
| Other amounts payable | 47/48 | €41,544 | €43,570 | +€2,026 | +4.9% |
| Turnover | 70 | €193,393 | - | -€193,393 | |
| Goods, raw materials, services and sundry goods | 60/61 | €197,474 | - | -€197,474 | |
| Remuneration, social security and pensions | 62 | €1,390 | - | -€1,390 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €514 | €289 | -€225 | -43.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €13,599 | +€13,599 | |
| Other operating charges | 640/8 | €1,606 | €2,514 | +€908 | +56.6% |
| Gross operating margin | 9900 | -€4,080 | €68,042 | +€72,122 | |
| Operating profit (loss) | 9901 | -€7,590 | €51,641 | +€59,230 | |
| Financial income | 75/76B | - | €1,168 | +€1,168 | |
| Recurring financial income | 75 | - | €1,168 | +€1,168 | |
| Financial charges | 65/66B | €48 | €1,214 | +€1,166 | +2424.8% |
| Recurring financial charges | 65 | €48 | €1,214 | +€1,166 | +2424.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,638 | €51,594 | +€59,231 | |
| Income taxes | 67/77 | - | €9,615 | +€9,615 | |
| Profit (loss) for the period | 9904 | -€7,638 | €41,979 | +€49,616 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,638 | €41,979 | +€49,616 |
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 9 October 2026 via checked.be.