POWERCONCEPT: 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.
POWERCONCEPT
Largest movements
- Stocks and contracts +€14,285
up €14,285 (+56.6%), from €25,220 to €39,505
- Tangible fixed assets -€9,473
down €9,473 (-17.8%), from €53,109 to €43,636
- Receivables within one year +€4,569
up €4,569 (+5.5%), from €83,814 to €88,383
of which Other amounts receivable: +€6,687
- Deferred charges and accrued income -€3,356
down €3,356 (-14.8%), from €22,733 to €19,377
- Short-term financial debts +€24,097
up €24,097 (+356%), from €6,760 to €30,857
- Debts after one year -€15,213
down €15,213 (-28.4%), from €53,606 to €38,393
- Current portion of long-term debt -€12,706
down €12,706 (-42.1%), from €30,153 to €17,447
- Other debts +€10,000
up €10,000 (+100%), from €10,000 to €20,000
- Trade debts +€7,097
up €7,097 (+18.1%), from €39,103 to €46,200
- Gross operating margin -€16,719
down €16,719 (-31.0%), from €54,010 to €37,291
- Depreciation -€6,078
down €6,078 (-28.8%), from €21,122 to €15,044
- Other operating charges -€4,904
down €4,904 (-85.3%), from €5,747 to €843
- Staff costs +€2,229
up €2,229 (+53.2%), from €4,186 to €6,415
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 | €221,973 | €228,698 | +€6,725 | +3.0% |
| Fixed assets | 21/28 | €56,636 | €46,436 | -€10,200 | -18.0% |
| Intangible fixed assets | 21 | €727 | - | -€727 | |
| Tangible fixed assets | 22/27 | €53,109 | €43,636 | -€9,473 | -17.8% |
| Plant, machinery and equipment | 23 | €22,463 | €18,176 | -€4,287 | -19.1% |
| Furniture and vehicles | 24 | €9,991 | €8,190 | -€1,801 | -18.0% |
| Other tangible fixed assets | 26 | €20,655 | €17,270 | -€3,385 | -16.4% |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €165,337 | €182,262 | +€16,925 | +10.2% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €25,220 | €39,505 | +€14,285 | +56.6% |
| Stocks | 30/36 | €25,220 | €39,505 | +€14,285 | +56.6% |
| Amounts receivable within one year | 40/41 | €83,814 | €88,383 | +€4,569 | +5.5% |
| Trade receivables | 40 | €63,410 | €61,292 | -€2,118 | -3.3% |
| Other amounts receivable | 41 | €20,404 | €27,091 | +€6,687 | +32.8% |
| Cash at bank and in hand | 54/58 | €8,570 | €9,997 | +€1,427 | +16.7% |
| Deferred charges and accrued income | 490/1 | €22,733 | €19,377 | -€3,356 | -14.8% |
| Total equity and liabilities | 10/49 | €221,973 | €228,698 | +€6,725 | +3.0% |
| Equity | 10/15 | €67,356 | €68,488 | +€1,132 | +1.7% |
| Contributions | 10/11 | €100,800 | €100,800 | = | 0.0% |
| Reserves | 13 | €5,563 | €5,563 | = | 0.0% |
| Tax-exempt reserves | 132 | €89 | €89 | = | 0.0% |
| Distributable reserves | 133 | €5,474 | €5,474 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,007 | -€37,875 | +€1,132 | +2.9% |
| Amounts payable | 17/49 | €154,617 | €160,210 | +€5,593 | +3.6% |
| Amounts payable after more than one year | 17 | €53,606 | €38,393 | -€15,213 | -28.4% |
| Financial debts | 170/4 | €53,606 | €38,393 | -€15,213 | -28.4% |
| Amounts payable within one year | 42/48 | €98,374 | €121,158 | +€22,784 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €30,153 | €17,447 | -€12,706 | -42.1% |
| Financial debts | 43 | €6,760 | €30,857 | +€24,097 | +356% |
| Credit institutions | 430/8 | €6,760 | €30,857 | +€24,097 | +356% |
| Trade debts | 44 | €39,103 | €46,200 | +€7,097 | +18.1% |
| Suppliers | 440/4 | €39,103 | €46,200 | +€7,097 | +18.1% |
| Taxes, remuneration and social security | 45 | €12,358 | €6,654 | -€5,704 | -46.2% |
| Taxes | 450/3 | €10,932 | €6,654 | -€4,278 | -39.1% |
| Remuneration and social security | 454/9 | €1,426 | - | -€1,426 | |
| Other amounts payable | 47/48 | €10,000 | €20,000 | +€10,000 | +100% |
| Accrued charges and deferred income | 492/3 | €2,637 | €659 | -€1,978 | -75.0% |
| Remuneration, social security and pensions | 62 | €4,186 | €6,415 | +€2,229 | +53.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,122 | €15,044 | -€6,078 | -28.8% |
| Other operating charges | 640/8 | €5,747 | €843 | -€4,904 | -85.3% |
| Non-recurring operating charges | 66A | - | €2,848 | +€2,848 | |
| Gross operating margin | 9900 | €54,010 | €37,291 | -€16,719 | -31.0% |
| Operating profit (loss) | 9901 | €22,955 | €12,141 | -€10,814 | -47.1% |
| Financial income | 75/76B | €1 | €1 | = | 0.0% |
| Recurring financial income | 75 | €1 | €1 | = | 0.0% |
| Financial charges | 65/66B | €10,502 | €11,010 | +€508 | +4.8% |
| Recurring financial charges | 65 | €10,502 | €11,010 | +€508 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €12,454 | €1,132 | -€11,322 | -90.9% |
| Income taxes | 67/77 | €112 | - | -€112 | |
| Profit (loss) for the period | 9904 | €12,342 | €1,132 | -€11,210 | -90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,342 | €1,132 | -€11,210 | -90.8% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.