POWERCOACH: 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.
What changed
POWERCOACH
NACE 93.199, Other sports activities
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€99,649
2023 · -€4,721-€94,928
Equity
€171,561
2023 · €271,209-€99,649
Cash
€122
2023 · €0+€122
Balance sheet total
€315,760
2023 · €329,215-€13,455
Largest movements
Assets
- Receivables after one year +€202,721
new in 2024: €202,721
- Receivables within one year -€199,759
down €199,759 (-76.1%), from €262,378 to €62,620
of which Other amounts receivable: -€182,476
- Tangible fixed assets -€16,861
down €16,861 (-25.5%), from €66,033 to €49,172
of which Furniture and vehicles: -€11,698
Equity and liabilities
- Debts after one year +€105,976
up €105,976 (+741.7%), from €14,289 to €120,265
of which Other amounts payable: +€114,102
- Profit (loss) carried forward -€99,649
down €99,649 (-2110.9%), from -€4,721 to -€104,369
- Other debts -€16,272
down €16,272 (-100.0%), from €16,272 to €0
Income statement
- Gross operating margin -€98,476
down €98,476, from €36,151 to -€62,325
- Other operating charges -€3,141
down €3,141 (-75.4%), from €4,165 to €1,024
- Depreciation -€1,364
down €1,364 (-7.5%), from €18,097 to €16,733
From the 2023 result to the 2024 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.
Result 2023
-€4,721
Gross operating margin
-€98,476
Staff costs
+€615
Depreciation
+€1,364
Other operating charges
+€3,141
Other operating items
-€2,249
Financial income
+€70
Financial charges
+€177
Taxes
+€430
Result 2024
-€99,649
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€105,970
Investment
+€128
Financing
+€105,964
Cash 2023
€0
From operations (derived)
-€105,970
Net result for the year
-€99,649
Depreciation
+€16,733
Receivables after one year
-€202,721
Smaller working-capital items
+€181
Receivables within one year
+€199,759
Deferred charges and accrued income
-€561
Trade debts
-€1,044
Tax, wage and social debts
-€2,396
Other debts
-€16,272
Investment (derived)
+€128
Investment in fixed assets (net)
+€128
Financing
+€105,964
Debts after one year
+€105,976
Current portion of long-term debt
+€111
Short-term financial debts
-€123
Cash 2024
€122
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €329,215 | €315,760 | -€13,455 | -4.1% |
| Fixed assets | 21/28 | €66,103 | €49,242 | -€16,861 | -25.5% |
| Tangible fixed assets | 22/27 | €66,033 | €49,172 | -€16,861 | -25.5% |
| Furniture and vehicles | 24 | €38,669 | €26,971 | -€11,698 | -30.3% |
| Other tangible fixed assets | 26 | €27,364 | €22,201 | -€5,163 | -18.9% |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €263,113 | €266,518 | +€3,406 | +1.3% |
| Amounts receivable after more than one year | 29 | - | €202,721 | +€202,721 | |
| Other amounts receivable | 291 | - | €202,721 | +€202,721 | |
| Stocks and contracts in progress | 3 | €239 | €0 | -€239 | -100.0% |
| Stocks | 30/36 | €239 | €0 | -€239 | -100.0% |
| Amounts receivable within one year | 40/41 | €262,378 | €62,620 | -€199,759 | -76.1% |
| Trade receivables | 40 | €28,645 | €11,362 | -€17,283 | -60.3% |
| Other amounts receivable | 41 | €233,733 | €51,257 | -€182,476 | -78.1% |
| Cash at bank and in hand | 54/58 | €0 | €122 | +€122 | |
| Deferred charges and accrued income | 490/1 | €495 | €1,056 | +€561 | +113.4% |
| Total equity and liabilities | 10/49 | €329,215 | €315,760 | -€13,455 | -4.1% |
| Equity | 10/15 | €271,209 | €171,561 | -€99,649 | -36.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €257,330 | €257,330 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €255,470 | €255,470 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,721 | -€104,369 | -€99,649 | -2110.9% |
| Amounts payable | 17/49 | €58,006 | €144,199 | +€86,193 | +148.6% |
| Amounts payable after more than one year | 17 | €14,289 | €120,265 | +€105,976 | +741.7% |
| Financial debts | 170/4 | €14,289 | €6,163 | -€8,126 | -56.9% |
| Other amounts payable | 178/9 | - | €114,102 | +€114,102 | |
| Amounts payable within one year | 42/48 | €43,658 | €23,934 | -€19,724 | -45.2% |
| Current portion of amounts payable after more than one year | 42 | €8,688 | €8,799 | +€111 | +1.3% |
| Financial debts | 43 | €123 | €0 | -€123 | -100.0% |
| Credit institutions | 430/8 | €123 | €0 | -€123 | -100.0% |
| Trade debts | 44 | €10,638 | €9,595 | -€1,044 | -9.8% |
| Suppliers | 440/4 | €10,638 | €9,595 | -€1,044 | -9.8% |
| Taxes, remuneration and social security | 45 | €7,937 | €5,541 | -€2,396 | -30.2% |
| Taxes | 450/3 | €3,698 | €0 | -€3,698 | -100.0% |
| Remuneration and social security | 454/9 | €4,238 | €5,541 | +€1,302 | +30.7% |
| Other amounts payable | 47/48 | €16,272 | €0 | -€16,272 | -100.0% |
| Accrued charges and deferred income | 492/3 | €59 | €0 | -€59 | -100.0% |
| Remuneration, social security and pensions | 62 | €16,539 | €15,924 | -€615 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,097 | €16,733 | -€1,364 | -7.5% |
| Other operating charges | 640/8 | €4,165 | €1,024 | -€3,141 | -75.4% |
| Non-recurring operating charges | 66A | - | €2,249 | +€2,249 | |
| Gross operating margin | 9900 | €36,151 | -€62,325 | -€98,476 | |
| Operating profit (loss) | 9901 | -€2,650 | -€98,255 | -€95,605 | -3607.2% |
| Financial income | 75/76B | €1,921 | €1,992 | +€70 | +3.7% |
| Recurring financial income | 75 | €1,921 | €1,992 | +€70 | +3.7% |
| Financial charges | 65/66B | €3,283 | €3,106 | -€177 | -5.4% |
| Recurring financial charges | 65 | €3,283 | €3,106 | -€177 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,012 | -€99,370 | -€95,358 | -2376.9% |
| Income taxes | 67/77 | €709 | €279 | -€430 | -60.6% |
| Profit (loss) for the period | 9904 | -€4,721 | -€99,649 | -€94,928 | -2010.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,721 | -€99,649 | -€94,928 | -2010.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.