Power2Citizens: 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.
Power2Citizens
Largest movements
- Tangible fixed assets +€5.8m
new in 2025: €5.8m
- Cash +€1.6m
up €1.6m (+3177.5%), from €51,035 to €1.7m
mainly Debts after one year (+€3.9m) and Contributions, distributions and other (+€3.5m)
- Receivables within one year +€198,819
up €198,819 (+2201764.3%), from €9 to €198,828
of which Trade receivables: +€198,828
- Debts after one year +€3.9m
new in 2025: €3.9m
- Contributions +€3.5m
up €3.5m (+5669.1%), from €61,500 to €3.5m
- Accrued charges and deferred income +€90,840
new in 2025: €90,840
- Gross operating margin +€186,782
up €186,782, from -€7,396 to €179,385
- Depreciation +€61,116
up €61,116 (+22047.5%), from €277 to €61,393
- Financial charges +€53,459
up €53,459 (+8286.8%), from €645 to €54,104
- Purchases and services -€7,396
no longer reported in 2025 (was €7,396)
- Provisions +€2,343
new in 2025: €2,343
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 | €51,876 | €7,690,152 | +€7.6m | +14724.2% |
| Formation expenses | 20 | €832 | €554 | -€277 | -33.3% |
| Fixed assets | 21/28 | - | €5,805,991 | +€5.8m | |
| Tangible fixed assets | 22/27 | - | €5,805,991 | +€5.8m | |
| Plant, machinery and equipment | 23 | - | €5,805,991 | +€5.8m | |
| Current assets | 29/58 | €51,044 | €1,883,607 | +€1.8m | +3590.2% |
| Amounts receivable within one year | 40/41 | €9 | €198,828 | +€198,819 | +2201764.3% |
| Trade receivables | 40 | - | €198,828 | +€198,828 | |
| Other amounts receivable | 41 | €9 | - | -€9 | |
| Cash at bank and in hand | 54/58 | €51,035 | €1,672,665 | +€1.6m | +3177.5% |
| Deferred charges and accrued income | 490/1 | - | €12,114 | +€12,114 | |
| Total equity and liabilities | 10/49 | €51,876 | €7,690,152 | +€7.6m | +14724.2% |
| Equity | 10/15 | €44,564 | €3,592,234 | +€3.5m | +7960.9% |
| Contributions | 10/11 | €61,500 | €3,548,025 | +€3.5m | +5669.1% |
| Capital | 10 | €61,500 | €3,548,025 | +€3.5m | +5669.1% |
| Issued capital | 100 | €61,500 | €3,548,025 | +€3.5m | +5669.1% |
| Reserves | 13 | - | €2,210 | +€2,210 | |
| Non-distributable reserves | 130/1 | - | €2,210 | +€2,210 | |
| Legal reserve | 130 | - | €2,210 | +€2,210 | |
| Profit (loss) carried forward | 14 | -€16,936 | €41,999 | +€58,935 | |
| Provisions and deferred taxes | 16 | - | €2,343 | +€2,343 | |
| Provisions for liabilities and charges | 160/5 | - | €2,343 | +€2,343 | |
| Other liabilities and charges | 164/5 | - | €2,343 | +€2,343 | |
| Amounts payable | 17/49 | €7,312 | €4,095,575 | +€4.1m | +55913.2% |
| Amounts payable after more than one year | 17 | - | €3,939,253 | +€3.9m | |
| Financial debts | 170/4 | - | €3,939,253 | +€3.9m | |
| Amounts payable within one year | 42/48 | €7,312 | €65,481 | +€58,170 | +795.6% |
| Trade debts | 44 | €7,312 | €57,697 | +€50,385 | +689.1% |
| Suppliers | 440/4 | €7,312 | €57,697 | +€50,385 | +689.1% |
| Taxes, remuneration and social security | 45 | - | €7,785 | +€7,785 | |
| Taxes | 450/3 | - | €7,785 | +€7,785 | |
| Accrued charges and deferred income | 492/3 | - | €90,840 | +€90,840 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,396 | - | -€7,396 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277 | €61,393 | +€61,116 | +22047.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €2,343 | +€2,343 | |
| Other operating charges | 640/8 | €746 | €400 | -€346 | -46.4% |
| Gross operating margin | 9900 | -€7,396 | €179,385 | +€186,782 | |
| Operating profit (loss) | 9901 | -€8,419 | €115,250 | +€123,669 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €645 | €54,104 | +€53,459 | +8286.8% |
| Recurring financial charges | 65 | €645 | €54,104 | +€53,459 | +8286.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,065 | €61,146 | +€70,210 | |
| Profit (loss) for the period | 9904 | -€9,065 | €61,146 | +€70,210 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,065 | €61,146 | +€70,210 |
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 9 October 2026 via checked.be.