MEGAWATTPUUR: 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.
MEGAWATTPUUR
Largest movements
- Financial fixed assets +€270,000
up €270,000 (+1,800%), from €15,000 to €285,000
- Cash +€33,856
up €33,856 (+128%), from €26,403 to €60,259
mainly Debts after one year (+€165,999) and Contributions, distributions and other (+€73,738)
- Tangible fixed assets -€28,102
down €28,102 (-6.4%), from €441,763 to €413,662
- Debts after one year +€165,999
new in 2025: €165,999
- Contributions +€84,500
up €84,500 (+17.4%), from €485,750 to €570,250
- Current portion of long-term debt +€39,001
new in 2025: €39,001
- Reserves -€9,614
down €9,614 (-40.3%), from €23,853 to €14,239
- Gross operating margin +€5,929
up €5,929 (+19.8%), from €29,945 to €35,874
- Other operating charges +€5,780
up €5,780 (+171%), from €3,382 to €9,162
- Depreciation +€3,348
up €3,348 (+13.5%), from €24,753 to €28,102
- Financial income +€2,687
up €2,687 (+373,147%), from €1 to €2,687
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 | €525,596 | €805,944 | +€280,348 | +53.3% |
| Fixed assets | 21/28 | €456,763 | €698,662 | +€241,898 | +53.0% |
| Tangible fixed assets | 22/27 | €441,763 | €413,662 | -€28,102 | -6.4% |
| Plant, machinery and equipment | 23 | €441,763 | €413,662 | -€28,102 | -6.4% |
| Financial fixed assets | 28 | €15,000 | €285,000 | +€270,000 | +1,800% |
| Current assets | 29/58 | €68,833 | €107,282 | +€38,449 | +55.9% |
| Amounts receivable after more than one year | 29 | €24,000 | €30,000 | +€6,000 | +25.0% |
| Other amounts receivable | 291 | €24,000 | €30,000 | +€6,000 | +25.0% |
| Amounts receivable within one year | 40/41 | €16,920 | €15,254 | -€1,666 | -9.8% |
| Trade receivables | 40 | €10,920 | €15,254 | +€4,334 | +39.7% |
| Other amounts receivable | 41 | €6,000 | €0 | -€6,000 | -100% |
| Cash at bank and in hand | 54/58 | €26,403 | €60,259 | +€33,856 | +128% |
| Deferred charges and accrued income | 490/1 | €1,510 | €1,769 | +€259 | +17.2% |
| Total equity and liabilities | 10/49 | €525,596 | €805,944 | +€280,348 | +53.3% |
| Equity | 10/15 | €509,603 | €584,489 | +€74,886 | +14.7% |
| Contributions | 10/11 | €485,750 | €570,250 | +€84,500 | +17.4% |
| Reserves | 13 | €23,853 | €14,239 | -€9,614 | -40.3% |
| Distributable reserves | 133 | €23,853 | €14,239 | -€9,614 | -40.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €15,993 | €221,455 | +€205,461 | +1,285% |
| Amounts payable after more than one year | 17 | - | €165,999 | +€165,999 | |
| Financial debts | 170/4 | - | €165,999 | +€165,999 | |
| Amounts payable within one year | 42/48 | €15,978 | €55,440 | +€39,462 | +247% |
| Current portion of amounts payable after more than one year | 42 | - | €39,001 | +€39,001 | |
| Trade debts | 44 | €6,732 | €3,547 | -€3,185 | -47.3% |
| Suppliers | 440/4 | €6,732 | €3,547 | -€3,185 | -47.3% |
| Taxes, remuneration and social security | 45 | €2,038 | €2,114 | +€76 | +3.7% |
| Taxes | 450/3 | €2,038 | €2,114 | +€76 | +3.7% |
| Other amounts payable | 47/48 | €7,208 | €10,778 | +€3,570 | +49.5% |
| Accrued charges and deferred income | 492/3 | €15 | €15 | +€0 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,753 | €28,102 | +€3,348 | +13.5% |
| Other operating charges | 640/8 | €3,382 | €9,162 | +€5,780 | +171% |
| Gross operating margin | 9900 | €29,945 | €35,874 | +€5,929 | +19.8% |
| Operating profit (loss) | 9901 | €1,809 | -€1,389 | -€3,198 | |
| Financial income | 75/76B | €1 | €2,687 | +€2,687 | +373,147% |
| Recurring financial income | 75 | €1 | €2,687 | +€2,687 | +373,147% |
| Financial charges | 65/66B | €84 | €149 | +€65 | +77.3% |
| Recurring financial charges | 65 | €84 | €149 | +€65 | +77.3% |
| Profit (loss) for the period before taxes | 9903 | €1,726 | €1,149 | -€577 | -33.4% |
| Income taxes | 67/77 | €0 | €0 | +€0 | +28.6% |
| Profit (loss) for the period | 9904 | €1,725 | €1,149 | -€577 | -33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,725 | €1,149 | -€577 | -33.4% |
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 1 November 2026 via checked.be.