POWER-CHECK: 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.
POWER-CHECK
Largest movements
- Cash +€76,576
up €76,576 (+27.0%), from €283,634 to €360,210
mainly Net result for the year (+€54,566) and Other debts (+€9,055)
- Receivables within one year -€8,093
down €8,093 (-13.1%), from €61,976 to €53,883
of which Other amounts receivable: -€5,212
- Reserves +€30,000
up €30,000 (+13.0%), from €230,725 to €260,725
of which Distributable reserves: +€30,000
- Profit (loss) carried forward +€14,566
up €14,566 (+10.5%), from €139,294 to €153,860
- Other debts +€9,055
new in 2025: €9,055
- Trade debts +€7,378
up €7,378 (+131%), from €5,612 to €12,990
- Tax, wage and social debts +€5,789
up €5,789 (+113%), from €5,109 to €10,898
- Turnover -€28,651
down €28,651 (-17.7%), from €162,266 to €133,615
- Purchases and services -€17,184
down €17,184 (-23.1%), from €74,258 to €57,074
- Gross operating margin -€11,467
down €11,467 (-13.0%), from €88,008 to €76,541
- Taxes -€10,965
down €10,965 (-37.2%), from €29,513 to €18,548
- Financial income +€3,270
up €3,270 (+1,058%), from €309 to €3,579
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 | €393,951 | €462,012 | +€68,061 | +17.3% |
| Fixed assets | 21/28 | €24,599 | €24,045 | -€554 | -2.3% |
| Tangible fixed assets | 22/27 | €24,519 | €23,965 | -€554 | -2.3% |
| Plant, machinery and equipment | 23 | €789 | €3,873 | +€3,084 | +391% |
| Furniture and vehicles | 24 | €11,049 | €8,995 | -€2,054 | -18.6% |
| Leasing and similar rights | 25 | €9,105 | €7,935 | -€1,170 | -12.9% |
| Other tangible fixed assets | 26 | €3,576 | €3,162 | -€414 | -11.6% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €369,352 | €437,967 | +€68,615 | +18.6% |
| Amounts receivable after more than one year | 29 | €19,300 | €19,300 | = | 0.0% |
| Other amounts receivable | 291 | €19,300 | €19,300 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,648 | €1,648 | = | 0.0% |
| Stocks | 30/36 | €1,648 | €1,648 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €61,976 | €53,883 | -€8,093 | -13.1% |
| Trade receivables | 40 | €33,355 | €30,474 | -€2,881 | -8.6% |
| Other amounts receivable | 41 | €28,621 | €23,409 | -€5,212 | -18.2% |
| Cash at bank and in hand | 54/58 | €283,634 | €360,210 | +€76,576 | +27.0% |
| Deferred charges and accrued income | 490/1 | €2,794 | €2,926 | +€132 | +4.7% |
| Total equity and liabilities | 10/49 | €393,951 | €462,012 | +€68,061 | +17.3% |
| Equity | 10/15 | €382,519 | €427,085 | +€44,566 | +11.7% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Capital | 10 | €12,500 | €12,500 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,100 | €6,100 | = | 0.0% |
| Reserves | 13 | €230,725 | €260,725 | +€30,000 | +13.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €228,865 | €258,865 | +€30,000 | +13.1% |
| Profit (loss) carried forward | 14 | €139,294 | €153,860 | +€14,566 | +10.5% |
| Amounts payable | 17/49 | €11,432 | €34,927 | +€23,495 | +206% |
| Amounts payable within one year | 42/48 | €10,721 | €32,943 | +€22,222 | +207% |
| Trade debts | 44 | €5,612 | €12,990 | +€7,378 | +131% |
| Suppliers | 440/4 | €5,612 | €12,990 | +€7,378 | +131% |
| Taxes, remuneration and social security | 45 | €5,109 | €10,898 | +€5,789 | +113% |
| Taxes | 450/3 | €5,109 | €10,898 | +€5,789 | +113% |
| Other amounts payable | 47/48 | - | €9,055 | +€9,055 | |
| Accrued charges and deferred income | 492/3 | €711 | €1,984 | +€1,273 | +179% |
| Turnover | 70 | €162,266 | €133,615 | -€28,651 | -17.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €74,258 | €57,074 | -€17,184 | -23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,223 | €5,951 | -€2,272 | -27.6% |
| Other operating charges | 640/8 | €525 | €671 | +€146 | +27.8% |
| Gross operating margin | 9900 | €88,008 | €76,541 | -€11,467 | -13.0% |
| Operating profit (loss) | 9901 | €79,260 | €69,919 | -€9,341 | -11.8% |
| Financial income | 75/76B | €309 | €3,579 | +€3,270 | +1,058% |
| Recurring financial income | 75 | €309 | €3,579 | +€3,270 | +1,058% |
| Financial charges | 65/66B | €302 | €384 | +€82 | +27.2% |
| Recurring financial charges | 65 | €302 | €384 | +€82 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €79,267 | €73,114 | -€6,153 | -7.8% |
| Income taxes | 67/77 | €29,513 | €18,548 | -€10,965 | -37.2% |
| Profit (loss) for the period | 9904 | €49,754 | €54,566 | +€4,812 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,754 | €54,566 | +€4,812 | +9.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.