KILOWATTPRO: 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.
KILOWATTPRO
Largest movements
- Receivables after one year -€99,457
down €99,457 (-100%), from €99,457 to €0
- Stocks and contracts +€57,560
new in 2025: €57,560
- Tangible fixed assets -€38,456
down €38,456 (-23.6%), from €163,254 to €124,799
of which Furniture and vehicles: -€21,035
- Cash -€34,016
down €34,016 (-65.3%), from €52,131 to €18,115
mainly Contributions, distributions and other (-€245,622) and Trade debts (-€81,766)
- Receivables within one year -€29,429
down €29,429 (-42.1%), from €69,836 to €40,407
of which Other amounts receivable: -€34,572
- Profit (loss) carried forward -€116,380
down €116,380 (-100%), from €116,380 to €0
- Trade debts -€81,766
down €81,766 (-47.0%), from €174,012 to €92,246
- Other debts +€56,476
up €56,476 (+113%), from €49,796 to €106,272
- Current portion of long-term debt -€10,647
down €10,647 (-100%), from €10,647 to €0
- Tax, wage and social debts +€4,907
new in 2025: €4,907
- Gross operating margin +€9,989
up €9,989 (+5.2%), from €193,559 to €203,548
- Depreciation -€5,486
down €5,486 (-13.8%), from €39,861 to €34,376
- Taxes +€3,936
up €3,936 (+11.4%), from €34,548 to €38,484
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 | €390,836 | €244,398 | -€146,438 | -37.5% |
| Fixed assets | 21/28 | €164,319 | €125,863 | -€38,456 | -23.4% |
| Tangible fixed assets | 22/27 | €163,254 | €124,799 | -€38,456 | -23.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €31,316 | €10,281 | -€21,035 | -67.2% |
| Other tangible fixed assets | 26 | €131,938 | €114,517 | -€17,421 | -13.2% |
| Financial fixed assets | 28 | €1,064 | €1,064 | = | 0.0% |
| Current assets | 29/58 | €226,517 | €118,535 | -€107,982 | -47.7% |
| Amounts receivable after more than one year | 29 | €99,457 | €0 | -€99,457 | -100% |
| Other amounts receivable | 291 | €99,457 | €0 | -€99,457 | -100% |
| Stocks and contracts in progress | 3 | - | €57,560 | +€57,560 | |
| Stocks | 30/36 | - | €57,560 | +€57,560 | |
| Amounts receivable within one year | 40/41 | €69,836 | €40,407 | -€29,429 | -42.1% |
| Trade receivables | 40 | €34,643 | €39,785 | +€5,142 | +14.8% |
| Other amounts receivable | 41 | €35,194 | €622 | -€34,572 | -98.2% |
| Cash at bank and in hand | 54/58 | €52,131 | €18,115 | -€34,016 | -65.3% |
| Deferred charges and accrued income | 490/1 | €5,092 | €2,453 | -€2,639 | -51.8% |
| Total equity and liabilities | 10/49 | €390,836 | €244,398 | -€146,438 | -37.5% |
| Equity | 10/15 | €156,380 | €40,000 | -€116,380 | -74.4% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,380 | €0 | -€116,380 | -100% |
| Amounts payable | 17/49 | €234,455 | €204,398 | -€30,058 | -12.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €234,455 | €204,398 | -€30,058 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €10,647 | €0 | -€10,647 | -100% |
| Financial debts | 43 | - | €973 | +€973 | |
| Credit institutions | 430/8 | - | €973 | +€973 | |
| Trade debts | 44 | €174,012 | €92,246 | -€81,766 | -47.0% |
| Suppliers | 440/4 | €174,012 | €92,246 | -€81,766 | -47.0% |
| Taxes, remuneration and social security | 45 | - | €4,907 | +€4,907 | |
| Taxes | 450/3 | - | €4,907 | +€4,907 | |
| Other amounts payable | 47/48 | €49,796 | €106,272 | +€56,476 | +113% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,861 | €34,376 | -€5,486 | -13.8% |
| Other operating charges | 640/8 | €2,391 | €1,271 | -€1,120 | -46.9% |
| Gross operating margin | 9900 | €193,559 | €203,548 | +€9,989 | +5.2% |
| Operating profit (loss) | 9901 | €151,307 | €167,902 | +€16,595 | +11.0% |
| Financial income | 75/76B | €0 | €20 | +€20 | |
| Recurring financial income | 75 | €0 | €20 | +€20 | |
| Financial charges | 65/66B | €378 | €196 | -€182 | -48.3% |
| Recurring financial charges | 65 | €378 | €196 | -€182 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | €150,929 | €167,726 | +€16,797 | +11.1% |
| Income taxes | 67/77 | €34,548 | €38,484 | +€3,936 | +11.4% |
| Profit (loss) for the period | 9904 | €116,380 | €129,242 | +€12,861 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €116,380 | €129,242 | +€12,861 | +11.1% |
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 14 October 2026 via checked.be.