POWER GROUP: what changed
Two fiscal 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 GROUP
Largest movements
- Cash +€21,259
up €21,259 (+14.3%), from €148,564 to €169,823
mainly Net result for the year (+€36,147) and Trade debts (+€25,039)
- Receivables within one year +€17,381
up €17,381 (+75.0%), from €23,185 to €40,566
of which Trade receivables: +€21,526
- Profit (loss) carried forward +€36,147
up €36,147 (+100.8%), from €35,845 to €71,992
- Trade debts +€25,039
up €25,039 (+184.0%), from €13,606 to €38,646
- Other debts -€20,008
down €20,008 (-100.0%), from €20,008 to €0
- Tax, wage and social debts -€2,883
down €2,883 (-43.5%), from €6,630 to €3,747
- Financial charges -€56,322
down €56,322 (-99.9%), from €56,362 to €41
- Taxes +€10,664
up €10,664, from -€710 to €9,954
- Gross operating margin -€4,481
down €4,481 (-9.0%), from €50,047 to €45,566
- Other operating charges -€627
down €627 (-100.0%), from €627 to €0
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 | €172,093 | €210,388 | +€38,295 | +22.3% |
| Fixed assets | 21/28 | €345 | €0 | -€345 | -100.0% |
| Tangible fixed assets | 22/27 | €345 | €0 | -€345 | -100.0% |
| Furniture and vehicles | 24 | €345 | €0 | -€345 | -100.0% |
| Current assets | 29/58 | €171,748 | €210,388 | +€38,640 | +22.5% |
| Amounts receivable within one year | 40/41 | €23,185 | €40,566 | +€17,381 | +75.0% |
| Trade receivables | 40 | €14,672 | €36,197 | +€21,526 | +146.7% |
| Other amounts receivable | 41 | €8,513 | €4,368 | -€4,145 | -48.7% |
| Cash at bank and in hand | 54/58 | €148,564 | €169,823 | +€21,259 | +14.3% |
| Total equity and liabilities | 10/49 | €172,093 | €210,388 | +€38,295 | +22.3% |
| Equity | 10/15 | €131,849 | €167,996 | +€36,147 | +27.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €75,544 | €75,544 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €75,544 | €75,544 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,845 | €71,992 | +€36,147 | +100.8% |
| Amounts payable | 17/49 | €40,245 | €42,392 | +€2,148 | +5.3% |
| Amounts payable within one year | 42/48 | €40,245 | €42,392 | +€2,148 | +5.3% |
| Trade debts | 44 | €13,606 | €38,646 | +€25,039 | +184.0% |
| Suppliers | 440/4 | €13,606 | €38,646 | +€25,039 | +184.0% |
| Taxes, remuneration and social security | 45 | €6,630 | €3,747 | -€2,883 | -43.5% |
| Taxes | 450/3 | €6,630 | €3,747 | -€2,883 | -43.5% |
| Other amounts payable | 47/48 | €20,008 | €0 | -€20,008 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €355 | €345 | -€10 | -2.7% |
| Other operating charges | 640/8 | €627 | €0 | -€627 | -100.0% |
| Gross operating margin | 9900 | €50,047 | €45,566 | -€4,481 | -9.0% |
| Operating profit (loss) | 9901 | €49,065 | €45,221 | -€3,844 | -7.8% |
| Financial income | 75/76B | €569 | €921 | +€351 | +61.7% |
| Recurring financial income | 75 | €569 | €921 | +€351 | +61.7% |
| Financial charges | 65/66B | €56,362 | €41 | -€56,322 | -99.9% |
| Recurring financial charges | 65 | €56,362 | €41 | -€56,322 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,728 | €46,101 | +€52,829 | |
| Income taxes | 67/77 | -€710 | €9,954 | +€10,664 | |
| Profit (loss) for the period | 9904 | -€6,018 | €36,147 | +€42,165 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,018 | €36,147 | +€42,165 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.