PowerPanda: what changed
PowerPanda
Largest movements
- Cash +€5,535
up €5,535 (+440%), from €1,258 to €6,794
mainly Net result for the year (+€5,242) and Advances received (+€3,600)
- Receivables within one year +€2,769
up €2,769 (+790%), from €350 to €3,119
of which Other amounts receivable: +€2,769
- Reserves +€5,242
up €5,242 (+327%), from €1,604 to €6,846
- Advances received +€3,600
new in 2025: €3,600
- Tax, wage and social debts -€322
down €322 (-11.9%), from €2,720 to €2,398
- Gross operating margin +€3,472
up €3,472 (+92.0%), from €3,772 to €7,244
- Taxes +€504
up €504 (+36.7%), from €1,372 to €1,876
- Financial charges -€403
down €403 (-77.0%), from €523 to €121
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 | €16,310 | €24,615 | +€8,304 | +50.9% |
| Current assets | 29/58 | €16,310 | €24,615 | +€8,304 | +50.9% |
| Amounts receivable after more than one year | 29 | €14,702 | €14,702 | = | 0.0% |
| Other amounts receivable | 291 | €14,702 | €14,702 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €350 | €3,119 | +€2,769 | +790% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €350 | €3,119 | +€2,769 | +790% |
| Cash at bank and in hand | 54/58 | €1,258 | €6,794 | +€5,535 | +440% |
| Total equity and liabilities | 10/49 | €16,310 | €24,615 | +€8,304 | +50.9% |
| Equity | 10/15 | €11,604 | €16,846 | +€5,242 | +45.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,604 | €6,846 | +€5,242 | +327% |
| Distributable reserves | 133 | €1,604 | €6,846 | +€5,242 | +327% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €4,706 | €7,768 | +€3,062 | +65.1% |
| Amounts payable within one year | 42/48 | €4,706 | €7,768 | +€3,062 | +65.1% |
| Trade debts | 44 | €1,986 | €1,771 | -€216 | -10.9% |
| Suppliers | 440/4 | €1,986 | €1,771 | -€216 | -10.9% |
| Advances received on contracts in progress | 46 | - | €3,600 | +€3,600 | |
| Taxes, remuneration and social security | 45 | €2,720 | €2,398 | -€322 | -11.9% |
| Taxes | 450/3 | €2,720 | €2,398 | -€322 | -11.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €3,772 | €7,244 | +€3,472 | +92.0% |
| Operating profit (loss) | 9901 | €3,654 | €7,124 | +€3,470 | +95.0% |
| Financial income | 75/76B | €56 | €115 | +€59 | +106% |
| Recurring financial income | 75 | €56 | €115 | +€59 | +106% |
| Financial charges | 65/66B | €523 | €121 | -€403 | -77.0% |
| Recurring financial charges | 65 | €523 | €121 | -€403 | -77.0% |
| Profit (loss) for the period before taxes | 9903 | €3,186 | €7,118 | +€3,932 | +123% |
| Income taxes | 67/77 | €1,372 | €1,876 | +€504 | +36.7% |
| Profit (loss) for the period | 9904 | €1,814 | €5,242 | +€3,428 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €1,814 | €5,242 | +€3,428 | +189% |
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.