Power4U: what changed
Two fiscal 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.
Power4U
Largest movements
- Receivables within one year -€28,132
down €28,132 (-32.3%), from €87,207 to €59,075
of which Other amounts receivable: -€19,563
- Tangible fixed assets +€6,263
up €6,263 (+17.1%), from €36,648 to €42,911
of which Plant, machinery and equipment: +€14,934
- Cash +€5,196
up €5,196 (+21.7%), from €23,919 to €29,115
mainly Receivables within one year (+€28,132) and Net result for the year (+€23,285)
- Debts after one year -€11,067
down €11,067 (-56.4%), from €19,630 to €8,563
- Tax, wage and social debts -€2,755
down €2,755 (-24.1%), from €11,445 to €8,690
of which Taxes: -€2,749
- Trade debts -€1,899
down €1,899 (-23.2%), from €8,175 to €6,276
- Other debts -€1,676
down €1,676 (-6.7%), from €24,961 to €23,285
- Gross operating margin -€5,033
down €5,033 (-9.7%), from €51,827 to €46,794
- Financial income +€2,445
up €2,445 (+1619.3%), from €151 to €2,596
- Financial charges -€709
down €709 (-34.1%), from €2,082 to €1,373
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 | €149,456 | €132,564 | -€16,892 | -11.3% |
| Fixed assets | 21/28 | €36,648 | €42,911 | +€6,263 | +17.1% |
| Tangible fixed assets | 22/27 | €36,648 | €42,911 | +€6,263 | +17.1% |
| Plant, machinery and equipment | 23 | €4,792 | €19,725 | +€14,934 | +311.7% |
| Furniture and vehicles | 24 | €31,856 | €20,075 | -€11,781 | -37.0% |
| Other tangible fixed assets | 26 | - | €3,110 | +€3,110 | |
| Current assets | 29/58 | €112,809 | €89,653 | -€23,155 | -20.5% |
| Amounts receivable within one year | 40/41 | €87,207 | €59,075 | -€28,132 | -32.3% |
| Trade receivables | 40 | €18,251 | €9,681 | -€8,569 | -47.0% |
| Other amounts receivable | 41 | €68,956 | €49,393 | -€19,563 | -28.4% |
| Cash at bank and in hand | 54/58 | €23,919 | €29,115 | +€5,196 | +21.7% |
| Deferred charges and accrued income | 490/1 | €1,683 | €1,464 | -€219 | -13.0% |
| Total equity and liabilities | 10/49 | €149,456 | €132,564 | -€16,892 | -11.3% |
| Equity | 10/15 | €74,564 | €74,564 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €71,564 | €71,564 | = | 0.0% |
| Distributable reserves | 133 | €71,564 | €71,564 | = | 0.0% |
| Amounts payable | 17/49 | €74,893 | €58,001 | -€16,892 | -22.6% |
| Amounts payable after more than one year | 17 | €19,630 | €8,563 | -€11,067 | -56.4% |
| Financial debts | 170/4 | €19,630 | €8,563 | -€11,067 | -56.4% |
| Amounts payable within one year | 42/48 | €55,262 | €49,319 | -€5,943 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €10,681 | €11,067 | +€386 | +3.6% |
| Trade debts | 44 | €8,175 | €6,276 | -€1,899 | -23.2% |
| Suppliers | 440/4 | €8,175 | €6,276 | -€1,899 | -23.2% |
| Taxes, remuneration and social security | 45 | €11,445 | €8,690 | -€2,755 | -24.1% |
| Taxes | 450/3 | €11,439 | €8,690 | -€2,749 | -24.0% |
| Remuneration and social security | 454/9 | €6 | - | -€6 | |
| Other amounts payable | 47/48 | €24,961 | €23,285 | -€1,676 | -6.7% |
| Accrued charges and deferred income | 492/3 | - | €119 | +€119 | |
| Non-recurring operating income | 76A | - | €4,248 | +€4,248 | |
| Remuneration, social security and pensions | 62 | €60 | - | -€60 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,879 | €14,953 | +€74 | +0.5% |
| Other operating charges | 640/8 | €1,595 | €1,538 | -€57 | -3.6% |
| Gross operating margin | 9900 | €51,827 | €46,794 | -€5,033 | -9.7% |
| Operating profit (loss) | 9901 | €35,293 | €30,303 | -€4,991 | -14.1% |
| Financial income | 75/76B | €151 | €2,596 | +€2,445 | +1619.3% |
| Recurring financial income | 75 | €151 | €2,596 | +€2,445 | +1619.3% |
| Financial charges | 65/66B | €2,082 | €1,373 | -€709 | -34.1% |
| Recurring financial charges | 65 | €2,082 | €1,373 | -€709 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | €33,362 | €31,526 | -€1,836 | -5.5% |
| Income taxes | 67/77 | €8,401 | €8,241 | -€160 | -1.9% |
| Profit (loss) for the period | 9904 | €24,961 | €23,285 | -€1,676 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,961 | €23,285 | -€1,676 | -6.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.