Power Ink: 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 Ink
Largest movements
- Receivables within one year +€10,886
up €10,886 (+6,403%), from €170 to €11,056
of which Other amounts receivable: +€10,812
- Current investments +€6,370
new in 2025: €6,370
- Cash -€4,760
down €4,760 (-62.4%), from €7,626 to €2,866
mainly Receivables within one year (-€10,886) and Current investments (-€6,370)
- Tangible fixed assets +€872
up €872 (+8.0%), from €10,829 to €11,701
of which Other tangible fixed assets: +€2,650
- Deferred charges and accrued income -€531
down €531 (-100%), from €531 to €0
- Other debts +€10,135
up €10,135 (+43.9%), from €23,109 to €33,244
- Profit (loss) carried forward +€10,043
up €10,043 (+55.9%), from -€17,952 to -€7,910
- Tax, wage and social debts -€5,081
down €5,081 (-86.4%), from €5,881 to €800
- Trade debts -€2,338
down €2,338 (-76.8%), from €3,044 to €706
- Gross operating margin +€8,249
up €8,249 (+82.9%), from €9,946 to €18,195
- Other operating charges -€3,510
down €3,510 (-97.2%), from €3,612 to €102
- Financial charges +€1,781
up €1,781 (+153%), from €1,167 to €2,949
- Depreciation +€237
up €237 (+4.6%), from €5,134 to €5,371
- Financial income +€184
up €184 (+218%), from €85 to €269
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 | €20,282 | €33,040 | +€12,758 | +62.9% |
| Fixed assets | 21/28 | €10,829 | €11,701 | +€872 | +8.0% |
| Tangible fixed assets | 22/27 | €10,829 | €11,701 | +€872 | +8.0% |
| Plant, machinery and equipment | 23 | €1,860 | €297 | -€1,563 | -84.0% |
| Furniture and vehicles | 24 | €216 | €0 | -€216 | -100% |
| Other tangible fixed assets | 26 | €8,754 | €11,404 | +€2,650 | +30.3% |
| Current assets | 29/58 | €9,453 | €21,339 | +€11,887 | +126% |
| Stocks and contracts in progress | 3 | €1,125 | €1,048 | -€77 | -6.9% |
| Stocks | 30/36 | €1,125 | €1,048 | -€77 | -6.9% |
| Amounts receivable within one year | 40/41 | €170 | €11,056 | +€10,886 | +6,403% |
| Trade receivables | 40 | €0 | €73 | +€73 | |
| Other amounts receivable | 41 | €170 | €10,982 | +€10,812 | +6,360% |
| Current investments | 50/53 | - | €6,370 | +€6,370 | |
| Cash at bank and in hand | 54/58 | €7,626 | €2,866 | -€4,760 | -62.4% |
| Deferred charges and accrued income | 490/1 | €531 | €0 | -€531 | -100% |
| Total equity and liabilities | 10/49 | €20,282 | €33,040 | +€12,758 | +62.9% |
| Equity | 10/15 | -€11,752 | -€1,710 | +€10,043 | +85.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,952 | -€7,910 | +€10,043 | +55.9% |
| Amounts payable | 17/49 | €32,034 | €34,750 | +€2,716 | +8.5% |
| Amounts payable within one year | 42/48 | €32,034 | €34,750 | +€2,716 | +8.5% |
| Trade debts | 44 | €3,044 | €706 | -€2,338 | -76.8% |
| Suppliers | 440/4 | €3,044 | €706 | -€2,338 | -76.8% |
| Taxes, remuneration and social security | 45 | €5,881 | €800 | -€5,081 | -86.4% |
| Taxes | 450/3 | €5,881 | €800 | -€5,081 | -86.4% |
| Other amounts payable | 47/48 | €23,109 | €33,244 | +€10,135 | +43.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,134 | €5,371 | +€237 | +4.6% |
| Other operating charges | 640/8 | €3,612 | €102 | -€3,510 | -97.2% |
| Gross operating margin | 9900 | €9,946 | €18,195 | +€8,249 | +82.9% |
| Operating profit (loss) | 9901 | €1,201 | €12,722 | +€11,522 | +960% |
| Financial income | 75/76B | €85 | €269 | +€184 | +218% |
| Recurring financial income | 75 | €85 | €269 | +€184 | +218% |
| Financial charges | 65/66B | €1,167 | €2,949 | +€1,781 | +153% |
| Recurring financial charges | 65 | €1,167 | €2,949 | +€1,781 | +153% |
| Profit (loss) for the period before taxes | 9903 | €118 | €10,043 | +€9,925 | +8,409% |
| Profit (loss) for the period | 9904 | €118 | €10,043 | +€9,925 | +8,409% |
| Profit (loss) for the period to be appropriated | 9905 | €118 | €10,043 | +€9,925 | +8,409% |
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 17 October 2026 via checked.be.