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POWERTEAM: what changed

Two fiscal 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

POWERTEAM

BE 0476.988.986
NACE 82.300, Organisation of conventions and trade shows
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€130
2023 · €5,838-€5,968
Equity
€85,466
2023 · €85,596-€130
Cash
€101,863
2023 · €6,892+€94,971
Balance sheet total
€234,452
2023 · €213,328+€21,124

Largest movements

2023 to 2024
Assets
  • Cash +€94,971

    up €94,971 (+1377.9%), from €6,892 to €101,863

    mainly Receivables within one year (+€66,673) and Depreciation (+€13,334)

  • Receivables within one year -€66,673

    down €66,673 (-44.9%), from €148,562 to €81,889

    of which Trade receivables: -€70,793

  • Tangible fixed assets -€5,718

    down €5,718 (-23.9%), from €23,945 to €18,227

    of which Furniture and vehicles: -€4,650

  • Intangible fixed assets -€3,000

    down €3,000 (-12.9%), from €23,178 to €20,178

Equity and liabilities
  • Trade debts +€11,803

    up €11,803 (+14.1%), from €83,829 to €95,632

  • Tax, wage and social debts +€9,505

    up €9,505 (+29.1%), from €32,659 to €42,164

    of which Remuneration and social security: +€6,875

Income statement
  • Staff costs +€7,543

    up €7,543 (+1.8%), from €424,219 to €431,763

  • Gross operating margin -€4,760

    down €4,760 (-1.0%), from €455,751 to €450,991

From the 2023 result to the 2024 result

effect on the 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 €5,838
Gross operating margin -€4,760
Staff costs -€7,543
Depreciation +€1,040
Other operating charges +€4,553
Financial income -€42
Financial charges -€55
Taxes +€839
Result 2024 -€130

Cash bridge derived

cash 2023 to 2024

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 +€99,588
Investment -€4,616
Financing €0
Cash 2023 €6,892
Net result for the year -€130
Depreciation +€13,334
Receivables within one year +€66,673
Deferred charges and accrued income -€1,543
Trade debts +€11,803
Tax, wage and social debts +€9,505
Other debts -€54
Investment in fixed assets (net) -€4,616
Cash 2024 €101,863
Every line side by side 37 lines
Line Code 2023 2024 Change %
Total assets 20/58 €213,328 €234,452 +€21,124 +9.9%
Fixed assets 21/28 €47,123 €38,405 -€8,718 -18.5%
Intangible fixed assets 21 €23,178 €20,178 -€3,000 -12.9%
Tangible fixed assets 22/27 €23,945 €18,227 -€5,718 -23.9%
Plant, machinery and equipment 23 €1,068 - -€1,068
Furniture and vehicles 24 €22,877 €18,227 -€4,650 -20.3%
Current assets 29/58 €166,205 €196,047 +€29,842 +18.0%
Amounts receivable within one year 40/41 €148,562 €81,889 -€66,673 -44.9%
Trade receivables 40 €142,338 €71,545 -€70,793 -49.7%
Other amounts receivable 41 €6,224 €10,344 +€4,121 +66.2%
Cash at bank and in hand 54/58 €6,892 €101,863 +€94,971 +1377.9%
Deferred charges and accrued income 490/1 €10,751 €12,294 +€1,543 +14.4%
Total equity and liabilities 10/49 €213,328 €234,452 +€21,124 +9.9%
Equity 10/15 €85,596 €85,466 -€130 -0.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 €66,996 €66,866 -€130 -0.2%
Amounts payable 17/49 €127,732 €148,986 +€21,254 +16.6%
Amounts payable within one year 42/48 €127,732 €148,986 +€21,254 +16.6%
Trade debts 44 €83,829 €95,632 +€11,803 +14.1%
Suppliers 440/4 €83,829 €95,632 +€11,803 +14.1%
Taxes, remuneration and social security 45 €32,659 €42,164 +€9,505 +29.1%
Taxes 450/3 €2,485 €5,115 +€2,630 +105.8%
Remuneration and social security 454/9 €30,174 €37,049 +€6,875 +22.8%
Other amounts payable 47/48 €11,243 €11,189 -€54 -0.5%
Remuneration, social security and pensions 62 €424,219 €431,763 +€7,543 +1.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,374 €13,334 -€1,040 -7.2%
Other operating charges 640/8 €7,612 €3,058 -€4,553 -59.8%
Gross operating margin 9900 €455,751 €450,991 -€4,760 -1.0%
Operating profit (loss) 9901 €9,547 €2,836 -€6,710 -70.3%
Financial income 75/76B €52 €10 -€42 -81.4%
Recurring financial income 75 €52 €10 -€42 -81.4%
Financial charges 65/66B €132 €186 +€55 +41.5%
Recurring financial charges 65 €132 €186 +€55 +41.5%
Profit (loss) for the period before taxes 9903 €9,467 €2,660 -€6,807 -71.9%
Income taxes 67/77 €3,629 €2,790 -€839 -23.1%
Profit (loss) for the period 9904 €5,838 -€130 -€5,968
Profit (loss) for the period to be appropriated 9905 €5,838 -€130 -€5,968

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.