POWER CONSULT: 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 CONSULT
Largest movements
- Stocks and contracts +€33,382
up €33,382 (+8.2%), from €405,776 to €439,158
- Cash -€17,990
down €17,990 (-52.9%), from €34,026 to €16,036
mainly Other debts (-€50,751) and Short-term financial debts (-€40,000)
- Receivables within one year -€13,551
down €13,551 (-11.3%), from €119,983 to €106,432
of which Trade receivables: -€7,487
- Reserves +€77,565
up €77,565 (+48.0%), from €161,729 to €239,294
- Other debts -€50,751
down €50,751 (-15.5%), from €327,583 to €276,832
- Short-term financial debts -€40,000
no longer reported in 2025 (was €40,000)
- Tax, wage and social debts +€20,024
up €20,024 (+279.7%), from €7,160 to €27,184
of which Taxes: +€18,774
- Trade debts -€20,011
down €20,011 (-86.4%), from €23,150 to €3,139
- Gross operating margin +€118,152
up €118,152 (+951.7%), from €12,416 to €130,568
- Taxes +€34,300
up €34,300 (+26675.7%), from €129 to €34,428
- Other operating charges -€30,248
down €30,248 (-98.2%), from €30,799 to €551
- Financial charges -€4,839
down €4,839 (-60.7%), from €7,966 to €3,127
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 | €583,136 | €579,908 | -€3,228 | -0.6% |
| Fixed assets | 21/28 | €22,176 | €17,363 | -€4,812 | -21.7% |
| Tangible fixed assets | 22/27 | €22,176 | €17,363 | -€4,812 | -21.7% |
| Land and buildings | 22 | €15,088 | €11,058 | -€4,030 | -26.7% |
| Plant, machinery and equipment | 23 | €1,113 | €2,535 | +€1,422 | +127.7% |
| Furniture and vehicles | 24 | €2,196 | €2,350 | +€154 | +7.0% |
| Other tangible fixed assets | 26 | €3,778 | €1,420 | -€2,359 | -62.4% |
| Current assets | 29/58 | €560,960 | €562,545 | +€1,585 | +0.3% |
| Stocks and contracts in progress | 3 | €405,776 | €439,158 | +€33,382 | +8.2% |
| Stocks | 30/36 | €405,776 | €439,158 | +€33,382 | +8.2% |
| Amounts receivable within one year | 40/41 | €119,983 | €106,432 | -€13,551 | -11.3% |
| Trade receivables | 40 | €54,991 | €47,504 | -€7,487 | -13.6% |
| Other amounts receivable | 41 | €64,991 | €58,928 | -€6,063 | -9.3% |
| Cash at bank and in hand | 54/58 | €34,026 | €16,036 | -€17,990 | -52.9% |
| Deferred charges and accrued income | 490/1 | €1,176 | €918 | -€257 | -21.9% |
| Total equity and liabilities | 10/49 | €583,136 | €579,908 | -€3,228 | -0.6% |
| Equity | 10/15 | €184,882 | €269,294 | +€84,411 | +45.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €161,729 | €239,294 | +€77,565 | +48.0% |
| Distributable reserves | 133 | €161,729 | €239,294 | +€77,565 | +48.0% |
| Profit (loss) carried forward | 14 | -€6,846 | - | +€6,846 | |
| Amounts payable | 17/49 | €398,253 | €310,615 | -€87,639 | -22.0% |
| Amounts payable within one year | 42/48 | €398,253 | €310,520 | -€87,734 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €360 | €3,365 | +€3,005 | +833.7% |
| Financial debts | 43 | €40,000 | - | -€40,000 | |
| Credit institutions | 430/8 | €40,000 | - | -€40,000 | |
| Trade debts | 44 | €23,150 | €3,139 | -€20,011 | -86.4% |
| Suppliers | 440/4 | €23,150 | €3,139 | -€20,011 | -86.4% |
| Taxes, remuneration and social security | 45 | €7,160 | €27,184 | +€20,024 | +279.7% |
| Taxes | 450/3 | €7,160 | €25,934 | +€18,774 | +262.2% |
| Remuneration and social security | 454/9 | - | €1,250 | +€1,250 | |
| Other amounts payable | 47/48 | €327,583 | €276,832 | -€50,751 | -15.5% |
| Accrued charges and deferred income | 492/3 | - | €95 | +€95 | |
| Non-recurring operating income | 76A | €6,451 | - | -€6,451 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,906 | €8,073 | +€1,167 | +16.9% |
| Other operating charges | 640/8 | €30,799 | €551 | -€30,248 | -98.2% |
| Gross operating margin | 9900 | €12,416 | €130,568 | +€118,152 | +951.7% |
| Operating profit (loss) | 9901 | -€25,289 | €121,945 | +€147,234 | |
| Financial income | 75/76B | €3 | €22 | +€19 | +584.7% |
| Recurring financial income | 75 | €3 | €22 | +€19 | +584.7% |
| Financial charges | 65/66B | €7,966 | €3,127 | -€4,839 | -60.7% |
| Recurring financial charges | 65 | €7,966 | €3,127 | -€4,839 | -60.7% |
| Profit (loss) for the period before taxes | 9903 | -€33,252 | €118,839 | +€152,092 | |
| Income taxes | 67/77 | €129 | €34,428 | +€34,300 | +26675.7% |
| Profit (loss) for the period | 9904 | -€33,381 | €84,411 | +€117,792 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,381 | €84,411 | +€117,792 |
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 10 October 2026 via checked.be.