POWER FOR SALES: what changed
What changed
POWER FOR SALES
NACE 85.510, Sports and recreation education
filed annual accounts (NBB)
Net result for the year
-€16,763
2023 · -€17,821+€1,057
Equity
-€198,694
2023 · -€181,931-€16,763
Cash
€201
2023 · €659-€458
Balance sheet total
€66,539
2023 · €83,087-€16,548
Largest movements
Assets
- Tangible fixed assets -€14,585
down €14,585 (-29.0%), from €50,348 to €35,763
of which Furniture and vehicles: -€13,731
- Receivables within one year -€1,505
down €1,505 (-4.7%), from €31,808 to €30,302
of which Trade receivables: -€1,505
Equity and liabilities
- Profit (loss) carried forward -€16,763
down €16,763 (-8.4%), from -€200,531 to -€217,294
- Trade debts -€2,319
down €2,319 (-20.4%), from €11,349 to €9,030
- Other debts +€2,232
up €2,232 (+0.9%), from €249,320 to €251,552
Income statement
- Purchases and services +€49,707
new in 2024: €49,707
- Turnover +€36,429
new in 2024: €36,429
- Other operating charges -€662
down €662 (-54.8%), from €1,208 to €545
- Financial charges -€644
down €644 (-52.3%), from €1,231 to €587
- Taxes -€394
down €394 (-66.6%), from €591 to €198
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€17,821
Gross operating margin
-€33
Depreciation
+€0
Other operating charges
+€662
Other operating items
-€630
Financial income
+€21
Financial charges
+€644
Taxes
+€394
Result 2024
-€16,763
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€458
Investment
€0
Financing
€0
Cash 2023
€659
From operations (derived)
-€458
Net result for the year
-€16,763
Depreciation
+€14,585
Receivables within one year
+€1,505
Trade debts
-€2,319
Tax, wage and social debts
+€302
Other debts
+€2,232
Cash 2024
€201
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,087 | €66,539 | -€16,548 | -19.9% |
| Fixed assets | 21/28 | €50,621 | €36,036 | -€14,585 | -28.8% |
| Tangible fixed assets | 22/27 | €50,348 | €35,763 | -€14,585 | -29.0% |
| Land and buildings | 22 | €6,649 | €5,910 | -€739 | -11.1% |
| Plant, machinery and equipment | 23 | €285 | €170 | -€114 | -40.1% |
| Furniture and vehicles | 24 | €43,414 | €29,683 | -€13,731 | -31.6% |
| Financial fixed assets | 28 | €273 | €273 | = | 0.0% |
| Current assets | 29/58 | €32,467 | €30,504 | -€1,963 | -6.0% |
| Amounts receivable within one year | 40/41 | €31,808 | €30,302 | -€1,505 | -4.7% |
| Trade receivables | 40 | €31,796 | €30,291 | -€1,505 | -4.7% |
| Other amounts receivable | 41 | €12 | €12 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €659 | €201 | -€458 | -69.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €83,087 | €66,539 | -€16,548 | -19.9% |
| Equity | 10/15 | -€181,931 | -€198,694 | -€16,763 | -9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€200,531 | -€217,294 | -€16,763 | -8.4% |
| Amounts payable | 17/49 | €265,018 | €265,233 | +€215 | +0.1% |
| Amounts payable within one year | 42/48 | €265,018 | €265,233 | +€215 | +0.1% |
| Financial debts | 43 | €0 | - | = | |
| Trade debts | 44 | €11,349 | €9,030 | -€2,319 | -20.4% |
| Suppliers | 440/4 | €11,349 | €9,030 | -€2,319 | -20.4% |
| Taxes, remuneration and social security | 45 | €4,349 | €4,651 | +€302 | +6.9% |
| Taxes | 450/3 | €4,349 | €4,651 | +€302 | +6.9% |
| Other amounts payable | 47/48 | €249,320 | €251,552 | +€2,232 | +0.9% |
| Turnover | 70 | - | €36,429 | +€36,429 | |
| Non-recurring operating income | 76A | - | €7,097 | +€7,097 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €49,707 | +€49,707 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,585 | €14,585 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,208 | €545 | -€662 | -54.8% |
| Non-recurring operating charges | 66A | - | €630 | +€630 | |
| Gross operating margin | 9900 | -€206 | -€240 | -€33 | -16.1% |
| Operating profit (loss) | 9901 | -€15,999 | -€16,000 | -€1 | 0.0% |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €1,231 | €587 | -€644 | -52.3% |
| Recurring financial charges | 65 | €1,231 | €587 | -€644 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,229 | -€16,565 | +€664 | +3.9% |
| Income taxes | 67/77 | €591 | €198 | -€394 | -66.6% |
| Profit (loss) for the period | 9904 | -€17,821 | -€16,763 | +€1,057 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,821 | -€16,763 | +€1,057 | +5.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.