POWERBLOX: what changed
POWERBLOX
Largest movements
- Receivables within one year -€283,053
down €283,053 (-82.5%), from €343,274 to €60,221
of which Trade receivables: -€295,573
- Intangible fixed assets -€160,208
down €160,208 (-29.5%), from €542,724 to €382,516
- Cash +€26,318
up €26,318 (+3,548%), from €742 to €27,060
mainly Receivables within one year (+€283,053) and Depreciation (+€225,008)
- Trade debts -€342,994
down €342,994 (-85.8%), from €399,934 to €56,940
- Tax, wage and social debts -€55,095
down €55,095 (-100%), from €55,095 to €0
of which Taxes: -€55,095
- Profit (loss) carried forward -€15,063
down €15,063 (-8.9%), from €168,502 to €153,439
- Depreciation -€143,566
down €143,566 (-39.0%), from €368,573 to €225,008
- Staff costs -€50,999
down €50,999 (-100%), from €50,999 to €0
- Gross operating margin -€28,159
down €28,159 (-10.3%), from €272,220 to €244,060
- Financial charges +€14,379
up €14,379 (+114%), from €12,575 to €26,954
- Other operating charges +€7,327
up €7,327 (+671%), from €1,092 to €8,419
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €886,740 | €469,872 | -€416,869 | -47.0% |
| Fixed assets | 21/28 | €542,724 | €382,516 | -€160,208 | -29.5% |
| Intangible fixed assets | 21 | €542,724 | €382,516 | -€160,208 | -29.5% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €344,016 | €87,355 | -€256,661 | -74.6% |
| Amounts receivable within one year | 40/41 | €343,274 | €60,221 | -€283,053 | -82.5% |
| Trade receivables | 40 | €334,398 | €38,824 | -€295,573 | -88.4% |
| Other amounts receivable | 41 | €8,877 | €21,397 | +€12,520 | +141% |
| Cash at bank and in hand | 54/58 | €742 | €27,060 | +€26,318 | +3,548% |
| Deferred charges and accrued income | 490/1 | €0 | €74 | +€74 | |
| Total equity and liabilities | 10/49 | €886,740 | €469,872 | -€416,869 | -47.0% |
| Equity | 10/15 | €177,994 | €162,931 | -€15,063 | -8.5% |
| Contributions | 10/11 | €9,492 | €9,492 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €168,502 | €153,439 | -€15,063 | -8.9% |
| Amounts payable | 17/49 | €708,746 | €306,940 | -€401,806 | -56.7% |
| Amounts payable within one year | 42/48 | €708,746 | €306,940 | -€401,806 | -56.7% |
| Financial debts | 43 | €253,717 | €250,000 | -€3,717 | -1.5% |
| Credit institutions | 430/8 | €253,717 | €250,000 | -€3,717 | -1.5% |
| Trade debts | 44 | €399,934 | €56,940 | -€342,994 | -85.8% |
| Suppliers | 440/4 | €399,934 | €56,940 | -€342,994 | -85.8% |
| Taxes, remuneration and social security | 45 | €55,095 | €0 | -€55,095 | -100% |
| Taxes | 450/3 | €55,095 | €0 | -€55,095 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €50,999 | €0 | -€50,999 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €368,573 | €225,008 | -€143,566 | -39.0% |
| Other operating charges | 640/8 | €1,092 | €8,419 | +€7,327 | +671% |
| Non-recurring operating charges | 66A | €718 | €0 | -€718 | -100% |
| Gross operating margin | 9900 | €272,220 | €244,060 | -€28,159 | -10.3% |
| Operating profit (loss) | 9901 | -€149,163 | €10,633 | +€159,796 | |
| Financial income | 75/76B | €2,637 | €1,258 | -€1,379 | -52.3% |
| Recurring financial income | 75 | €2,637 | €1,258 | -€1,379 | -52.3% |
| Financial charges | 65/66B | €12,575 | €26,954 | +€14,379 | +114% |
| Recurring financial charges | 65 | €12,575 | €26,954 | +€14,379 | +114% |
| Profit (loss) for the period before taxes | 9903 | -€159,101 | -€15,063 | +€144,039 | +90.5% |
| Income taxes | 67/77 | €0 | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€159,101 | -€15,063 | +€144,038 | +90.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€159,101 | -€15,063 | +€144,038 | +90.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.