Power in the Box: what changed
What changed
Power in the Box
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
€32,516
2024 · -€61,320+€93,837
Equity
-€293,903
2024 · -€326,420+€32,516
Cash
€5,222
2024 · €12,058-€6,836
Balance sheet total
€881,659
2024 · €805,793+€75,866
Largest movements
Assets
- Tangible fixed assets +€68,034
up €68,034 (+8.6%), from €793,001 to €861,034
of which Land and buildings: +€68,391
- Receivables within one year +€14,534
up €14,534 (+1,980%), from €734 to €15,268
Equity and liabilities
- Debts after one year +€249,406
up €249,406 (+79.8%), from €312,654 to €562,060
- Other debts -€220,320
down €220,320 (-29.1%), from €756,450 to €536,130
- Profit (loss) carried forward +€32,516
up €32,516 (+8.6%), from -€376,420 to -€343,903
- Current portion of long-term debt +€24,298
up €24,298 (+47.6%), from €51,018 to €75,316
- Accrued charges and deferred income -€10,761
down €10,761 (-89.2%), from €12,059 to €1,297
Income statement
- Gross operating margin +€98,749
up €98,749, from -€4,127 to €94,623
- Depreciation +€8,117
up €8,117 (+24.8%), from €32,764 to €40,881
- Other operating charges -€4,239
down €4,239 (-84.1%), from €5,040 to €800
- Financial charges +€1,167
up €1,167 (+6.0%), from €19,390 to €20,557
Change in the result, 2024 to 2025
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 2024
-€61,320
Gross operating margin
+€98,749
Depreciation
-€8,117
Other operating charges
+€4,239
Financial income
+€132
Financial charges
-€1,167
Result 2025
€32,516
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€171,626
Investment
-€108,915
Financing
+€273,704
Cash 2024
€12,058
From operations (derived)
-€171,626
Net result for the year
+€32,516
Depreciation
+€40,881
Receivables within one year
-€14,534
Deferred charges and accrued income
-€135
Trade debts
+€727
Other debts
-€220,320
Accrued charges and deferred income
-€10,761
Investment (derived)
-€108,915
Investment in fixed assets (net)
-€108,915
Financing
+€273,704
Debts after one year
+€249,406
Current portion of long-term debt
+€24,298
Cash 2025
€5,222
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €805,793 | €881,659 | +€75,866 | +9.4% |
| Fixed assets | 21/28 | €793,001 | €861,034 | +€68,034 | +8.6% |
| Tangible fixed assets | 22/27 | €793,001 | €861,034 | +€68,034 | +8.6% |
| Land and buildings | 22 | €788,565 | €856,956 | +€68,391 | +8.7% |
| Plant, machinery and equipment | 23 | €4,436 | €4,079 | -€357 | -8.1% |
| Current assets | 29/58 | €12,792 | €20,625 | +€7,833 | +61.2% |
| Amounts receivable within one year | 40/41 | €734 | €15,268 | +€14,534 | +1,980% |
| Other amounts receivable | 41 | €734 | €15,268 | +€14,534 | +1,980% |
| Cash at bank and in hand | 54/58 | €12,058 | €5,222 | -€6,836 | -56.7% |
| Deferred charges and accrued income | 490/1 | €0 | €135 | +€135 | |
| Total equity and liabilities | 10/49 | €805,793 | €881,659 | +€75,866 | +9.4% |
| Equity | 10/15 | -€326,420 | -€293,903 | +€32,516 | +10.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€376,420 | -€343,903 | +€32,516 | +8.6% |
| Amounts payable | 17/49 | €1,132,213 | €1,175,563 | +€43,350 | +3.8% |
| Amounts payable after more than one year | 17 | €312,654 | €562,060 | +€249,406 | +79.8% |
| Financial debts | 170/4 | €312,654 | €562,060 | +€249,406 | +79.8% |
| Amounts payable within one year | 42/48 | €807,500 | €612,205 | -€195,295 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €51,018 | €75,316 | +€24,298 | +47.6% |
| Trade debts | 44 | €32 | €759 | +€727 | +2,262% |
| Suppliers | 440/4 | €32 | €759 | +€727 | +2,262% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €756,450 | €536,130 | -€220,320 | -29.1% |
| Accrued charges and deferred income | 492/3 | €12,059 | €1,297 | -€10,761 | -89.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,764 | €40,881 | +€8,117 | +24.8% |
| Other operating charges | 640/8 | €5,040 | €800 | -€4,239 | -84.1% |
| Gross operating margin | 9900 | -€4,127 | €94,623 | +€98,749 | |
| Operating profit (loss) | 9901 | -€41,930 | €52,941 | +€94,871 | |
| Financial income | 75/76B | - | €132 | +€132 | |
| Recurring financial income | 75 | - | €132 | +€132 | |
| Financial charges | 65/66B | €19,390 | €20,557 | +€1,167 | +6.0% |
| Recurring financial charges | 65 | €19,390 | €20,557 | +€1,167 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | -€61,320 | €32,516 | +€93,837 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€61,320 | €32,516 | +€93,837 | |
| Profit (loss) for the period to be appropriated | 9905 | -€61,320 | €32,516 | +€93,837 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.