POWER NAP: 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 NAP
Largest movements
- Cash +€132,672
up €132,672 (+51.2%), from €259,187 to €391,859
mainly Net result for the year (+€237,866) and Other debts (+€216,000)
- Current investments +€19,001
up €19,001 (+67.4%), from €28,176 to €47,178
- Tangible fixed assets -€13,091
down €13,091 (-22.5%), from €58,123 to €45,032
of which Furniture and vehicles: -€12,583
- Other debts +€216,000
new in 2025: €216,000
- Reserves -€103,004
down €103,004 (-23.6%), from €436,961 to €333,957
- Tax, wage and social debts +€41,316
up €41,316 (+229.5%), from €18,000 to €59,316
- Debts after one year -€11,240
down €11,240 (-38.9%), from €28,899 to €17,659
- Gross operating margin -€5,321
down €5,321 (-1.6%), from €335,096 to €329,775
- Depreciation +€4,969
up €4,969 (+61.2%), from €8,122 to €13,091
- Taxes +€4,198
up €4,198 (+5.4%), from €78,131 to €82,330
- Financial income +€4,032
up €4,032 (+468.8%), from €860 to €4,892
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 | €497,749 | €641,750 | +€144,001 | +28.9% |
| Fixed assets | 21/28 | €58,123 | €45,032 | -€13,091 | -22.5% |
| Tangible fixed assets | 22/27 | €58,123 | €45,032 | -€13,091 | -22.5% |
| Furniture and vehicles | 24 | €53,775 | €41,192 | -€12,583 | -23.4% |
| Other tangible fixed assets | 26 | €4,348 | €3,840 | -€508 | -11.7% |
| Current assets | 29/58 | €439,626 | €596,718 | +€157,092 | +35.7% |
| Amounts receivable within one year | 40/41 | €18,930 | €18,634 | -€296 | -1.6% |
| Trade receivables | 40 | - | €750 | +€750 | |
| Other amounts receivable | 41 | €18,930 | €17,883 | -€1,047 | -5.5% |
| Current investments | 50/53 | €28,176 | €47,178 | +€19,001 | +67.4% |
| Cash at bank and in hand | 54/58 | €259,187 | €391,859 | +€132,672 | +51.2% |
| Deferred charges and accrued income | 490/1 | €133,333 | €139,048 | +€5,715 | +4.3% |
| Total equity and liabilities | 10/49 | €497,749 | €641,750 | +€144,001 | +28.9% |
| Equity | 10/15 | €439,961 | €336,957 | -€103,004 | -23.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €436,961 | €333,957 | -€103,004 | -23.6% |
| Distributable reserves | 133 | €436,961 | €333,957 | -€103,004 | -23.6% |
| Amounts payable | 17/49 | €57,788 | €304,793 | +€247,005 | +427.4% |
| Amounts payable after more than one year | 17 | €28,899 | €17,659 | -€11,240 | -38.9% |
| Financial debts | 170/4 | €28,899 | €17,659 | -€11,240 | -38.9% |
| Amounts payable within one year | 42/48 | €28,889 | €287,134 | +€258,245 | +893.9% |
| Current portion of amounts payable after more than one year | 42 | €10,833 | €11,240 | +€408 | +3.8% |
| Trade debts | 44 | €56 | €578 | +€522 | +940.0% |
| Suppliers | 440/4 | €56 | €578 | +€522 | +940.0% |
| Taxes, remuneration and social security | 45 | €18,000 | €59,316 | +€41,316 | +229.5% |
| Taxes | 450/3 | €18,000 | €59,316 | +€41,316 | +229.5% |
| Other amounts payable | 47/48 | - | €216,000 | +€216,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,122 | €13,091 | +€4,969 | +61.2% |
| Non-recurring operating charges | 66A | €2,105 | - | -€2,105 | |
| Gross operating margin | 9900 | €335,096 | €329,775 | -€5,321 | -1.6% |
| Operating profit (loss) | 9901 | €324,869 | €316,684 | -€8,185 | -2.5% |
| Financial income | 75/76B | €860 | €4,892 | +€4,032 | +468.8% |
| Recurring financial income | 75 | €860 | €4,892 | +€4,032 | +468.8% |
| Financial charges | 65/66B | €1,158 | €1,380 | +€222 | +19.1% |
| Recurring financial charges | 65 | €1,158 | €1,380 | +€222 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | €324,571 | €320,196 | -€4,375 | -1.3% |
| Income taxes | 67/77 | €78,131 | €82,330 | +€4,198 | +5.4% |
| Profit (loss) for the period | 9904 | €246,440 | €237,866 | -€8,573 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €246,440 | €237,866 | -€8,573 | -3.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.