Powerdot Belgium: 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.
Powerdot Belgium
Largest movements
- Tangible fixed assets +€3.7m
up €3.7m (+136%), from €2.7m to €6.4m
of which Plant, machinery and equipment: +€3.4m
- Receivables within one year +€378,675
up €378,675 (+143%), from €265,449 to €644,125
of which Other amounts receivable: +€212,133
- Cash +€120,339
up €120,339 (+8,309%), from €1,448 to €121,787
mainly Other debts (+€3.0m) and Debts after one year (+€1.6m)
- Deferred charges and accrued income +€90,750
up €90,750 (+433%), from €20,940 to €111,690
- Other debts +€3.0m
up €3.0m (+715%), from €413,757 to €3.4m
- Debts after one year +€1.6m
up €1.6m (+2,800%), from €57,226 to €1.7m
- Profit (loss) carried forward -€440,817
down €440,817 (-152%), from -€290,046 to -€730,863
- Accrued charges and deferred income +€256,836
up €256,836 (+183%), from €140,414 to €397,250
- Trade debts -€173,288
down €173,288 (-27.3%), from €634,365 to €461,076
- Staff costs +€272,265
up €272,265 (+347%), from €78,460 to €350,725
- Gross operating margin +€167,383
up €167,383, from -€12,953 to €154,431
- Depreciation +€140,372
up €140,372 (+193%), from €72,769 to €213,141
- Financial charges -€51,420
down €51,420 (-89.5%), from €57,464 to €6,044
- Other operating charges +€8,148
up €8,148 (+7,586%), from €107 to €8,255
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 | €3,000,297 | €7,278,806 | +€4.3m | +143% |
| Fixed assets | 21/28 | €2,712,459 | €6,401,205 | +€3.7m | +136% |
| Tangible fixed assets | 22/27 | €2,708,243 | €6,390,042 | +€3.7m | +136% |
| Plant, machinery and equipment | 23 | €2,314,394 | €5,681,911 | +€3.4m | +146% |
| Assets under construction and advance payments | 27 | €393,849 | €708,131 | +€314,282 | +79.8% |
| Financial fixed assets | 28 | €4,215 | €11,163 | +€6,947 | +165% |
| Current assets | 29/58 | €287,838 | €877,601 | +€589,764 | +205% |
| Amounts receivable within one year | 40/41 | €265,449 | €644,125 | +€378,675 | +143% |
| Trade receivables | 40 | €125,765 | €292,307 | +€166,543 | +132% |
| Other amounts receivable | 41 | €139,684 | €351,817 | +€212,133 | +152% |
| Cash at bank and in hand | 54/58 | €1,448 | €121,787 | +€120,339 | +8,309% |
| Deferred charges and accrued income | 490/1 | €20,940 | €111,690 | +€90,750 | +433% |
| Total equity and liabilities | 10/49 | €3,000,297 | €7,278,806 | +€4.3m | +143% |
| Equity | 10/15 | €1,736,411 | €1,295,594 | -€440,817 | -25.4% |
| Contributions | 10/11 | €2,026,457 | €2,026,457 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€290,046 | -€730,863 | -€440,817 | -152% |
| Amounts payable | 17/49 | €1,263,886 | €5,983,212 | +€4.7m | +373% |
| Amounts payable after more than one year | 17 | €57,226 | €1,659,534 | +€1.6m | +2,800% |
| Financial debts | 170/4 | €57,226 | €1,659,534 | +€1.6m | +2,800% |
| Amounts payable within one year | 42/48 | €1,066,246 | €3,926,428 | +€2.9m | +268% |
| Trade debts | 44 | €634,365 | €461,076 | -€173,288 | -27.3% |
| Suppliers | 440/4 | €634,365 | €461,076 | -€173,288 | -27.3% |
| Taxes, remuneration and social security | 45 | €18,124 | €94,887 | +€76,763 | +424% |
| Taxes | 450/3 | €1,913 | €16,611 | +€14,698 | +768% |
| Remuneration and social security | 454/9 | €16,211 | €78,275 | +€62,065 | +383% |
| Other amounts payable | 47/48 | €413,757 | €3,370,465 | +€3.0m | +715% |
| Accrued charges and deferred income | 492/3 | €140,414 | €397,250 | +€256,836 | +183% |
| Remuneration, social security and pensions | 62 | €78,460 | €350,725 | +€272,265 | +347% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,769 | €213,141 | +€140,372 | +193% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €24 | +€24 | |
| Other operating charges | 640/8 | €107 | €8,255 | +€8,148 | +7,586% |
| Non-recurring operating charges | 66A | €32,220 | €14,025 | -€18,196 | -56.5% |
| Gross operating margin | 9900 | -€12,953 | €154,431 | +€167,383 | |
| Operating profit (loss) | 9901 | -€196,509 | -€431,738 | -€235,229 | -120% |
| Financial charges | 65/66B | €57,464 | €6,044 | -€51,420 | -89.5% |
| Recurring financial charges | 65 | €57,464 | €6,044 | -€51,420 | -89.5% |
| Profit (loss) for the period before taxes | 9903 | -€253,974 | -€437,782 | -€183,809 | -72.4% |
| Income taxes | 67/77 | - | €3,035 | +€3,035 | |
| Profit (loss) for the period | 9904 | -€253,974 | -€440,817 | -€186,844 | -73.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€253,974 | -€440,817 | -€186,844 | -73.6% |
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 23 October 2026 via checked.be.