Power2Create: 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.
Power2Create
Largest movements
- Current investments -€1.6m
down €1.6m (-99.5%), from €1.6m to €8,216
- Cash +€372,746
up €372,746 (+308%), from €121,135 to €493,881
mainly Current investments (+€1.6m) and Net result for the year (+€1.4m)
- Reserves -€2.2m
down €2.2m (-92.1%), from €2.4m to €189,420
- Debts after one year +€441,225
new in 2025: €441,225
- Other debts +€440,232
up €440,232 (+54.4%), from €809,768 to €1.3m
- Current portion of long-term debt +€143,100
new in 2025: €143,100
- Tax, wage and social debts -€58,031
down €58,031 (-84.6%), from €68,618 to €10,587
- Financial income -€278,172
down €278,172 (-18.8%), from €1.5m to €1.2m
of which Financial income: -€271,672
- Financial charges +€17,966
up €17,966 (+310%), from €5,801 to €23,767
- Gross operating margin +€9,523
up €9,523 (+2.7%), from €350,813 to €360,335
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 | €3,341,538 | €2,059,093 | -€1.3m | -38.4% |
| Fixed assets | 21/28 | €1,513,736 | €1,496,902 | -€16,834 | -1.1% |
| Tangible fixed assets | 22/27 | €65,206 | €48,373 | -€16,834 | -25.8% |
| Furniture and vehicles | 24 | €65,206 | €48,373 | -€16,834 | -25.8% |
| Financial fixed assets | 28 | €1,448,529 | €1,448,529 | = | 0.0% |
| Current assets | 29/58 | €1,827,802 | €562,191 | -€1.3m | -69.2% |
| Amounts receivable within one year | 40/41 | €56,040 | €59,039 | +€3,000 | +5.4% |
| Trade receivables | 40 | €17,279 | - | -€17,279 | |
| Other amounts receivable | 41 | €38,761 | €59,039 | +€20,279 | +52.3% |
| Current investments | 50/53 | €1,649,626 | €8,216 | -€1.6m | -99.5% |
| Cash at bank and in hand | 54/58 | €121,135 | €493,881 | +€372,746 | +308% |
| Deferred charges and accrued income | 490/1 | €1,001 | €1,054 | +€54 | +5.3% |
| Total equity and liabilities | 10/49 | €3,341,538 | €2,059,093 | -€1.3m | -38.4% |
| Equity | 10/15 | €2,428,179 | €208,020 | -€2.2m | -91.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,409,579 | €189,420 | -€2.2m | -92.1% |
| Distributable reserves | 133 | €2,409,579 | €189,420 | -€2.2m | -92.1% |
| Amounts payable | 17/49 | €913,359 | €1,851,073 | +€937,714 | +103% |
| Amounts payable after more than one year | 17 | - | €441,225 | +€441,225 | |
| Financial debts | 170/4 | - | €441,225 | +€441,225 | |
| Amounts payable within one year | 42/48 | €911,756 | €1,409,750 | +€497,994 | +54.6% |
| Current portion of amounts payable after more than one year | 42 | - | €143,100 | +€143,100 | |
| Financial debts | 43 | €28,770 | - | -€28,770 | |
| Credit institutions | 430/8 | €28,770 | - | -€28,770 | |
| Trade debts | 44 | €4,599 | €6,062 | +€1,463 | +31.8% |
| Suppliers | 440/4 | €4,599 | €6,062 | +€1,463 | +31.8% |
| Taxes, remuneration and social security | 45 | €68,618 | €10,587 | -€58,031 | -84.6% |
| Taxes | 450/3 | €68,618 | €10,587 | -€58,031 | -84.6% |
| Other amounts payable | 47/48 | €809,768 | €1,250,000 | +€440,232 | +54.4% |
| Accrued charges and deferred income | 492/3 | €1,603 | €98 | -€1,504 | -93.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,757 | €19,578 | +€821 | +4.4% |
| Other operating charges | 640/8 | €1,517 | €1,477 | -€39 | -2.6% |
| Gross operating margin | 9900 | €350,813 | €360,335 | +€9,523 | +2.7% |
| Operating profit (loss) | 9901 | €330,539 | €339,280 | +€8,741 | +2.6% |
| Financial income | 75/76B | €1,479,056 | €1,200,884 | -€278,172 | -18.8% |
| Recurring financial income | 75 | €1,472,556 | €1,200,884 | -€271,672 | -18.4% |
| Non-recurring financial income | 76B | €6,500 | - | -€6,500 | |
| Financial charges | 65/66B | €5,801 | €23,767 | +€17,966 | +310% |
| Recurring financial charges | 65 | €5,801 | €23,767 | +€17,966 | +310% |
| Profit (loss) for the period before taxes | 9903 | €1,803,793 | €1,516,397 | -€287,396 | -15.9% |
| Income taxes | 67/77 | €88,393 | €86,556 | -€1,837 | -2.1% |
| Profit (loss) for the period | 9904 | €1,715,400 | €1,429,841 | -€285,560 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,715,400 | €1,429,841 | -€285,560 | -16.6% |
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 28 October 2026 via checked.be.