POWPLE: 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.
POWPLE
Largest movements
- Receivables within one year +€23,833
up €23,833 (+152.6%), from €15,620 to €39,453
of which Trade receivables: +€23,303
- Financial fixed assets -€20,149
down €20,149 (-50.4%), from €39,990 to €19,841
- Tangible fixed assets -€6,946
down €6,946 (-10.0%), from €69,182 to €62,236
of which Plant, machinery and equipment: -€7,249
- Cash +€2,576
up €2,576 (+3.2%), from €79,436 to €82,012
mainly Net result for the year (+€69,945) and Other debts (+€18,558)
- Profit (loss) carried forward -€110,397
down €110,397 (-100.0%), from €110,397 to €0
- Reserves +€80,342
up €80,342 (+4319.5%), from €1,860 to €82,202
of which Distributable reserves: +€82,202
- Other debts +€18,558
up €18,558 (+29.0%), from €64,075 to €82,633
- Tax, wage and social debts +€6,918
up €6,918 (+91.7%), from €7,545 to €14,463
of which Taxes: +€6,918
- Gross operating margin +€20,064
up €20,064 (+24.7%), from €81,370 to €101,433
- Depreciation +€4,029
up €4,029 (+57.0%), from €7,072 to €11,101
- Taxes +€3,411
up €3,411 (+22.5%), from €15,135 to €18,547
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.
Cash bridge derived
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 | €208,509 | €205,791 | -€2,717 | -1.3% |
| Fixed assets | 21/28 | €109,172 | €82,077 | -€27,095 | -24.8% |
| Tangible fixed assets | 22/27 | €69,182 | €62,236 | -€6,946 | -10.0% |
| Plant, machinery and equipment | 23 | €53,323 | €46,074 | -€7,249 | -13.6% |
| Furniture and vehicles | 24 | €15,859 | €16,162 | +€304 | +1.9% |
| Financial fixed assets | 28 | €39,990 | €19,841 | -€20,149 | -50.4% |
| Current assets | 29/58 | €99,337 | €123,715 | +€24,378 | +24.5% |
| Amounts receivable within one year | 40/41 | €15,620 | €39,453 | +€23,833 | +152.6% |
| Trade receivables | 40 | €14,595 | €37,897 | +€23,303 | +159.7% |
| Other amounts receivable | 41 | €1,026 | €1,556 | +€530 | +51.7% |
| Cash at bank and in hand | 54/58 | €79,436 | €82,012 | +€2,576 | +3.2% |
| Deferred charges and accrued income | 490/1 | €4,281 | €2,250 | -€2,031 | -47.4% |
| Total equity and liabilities | 10/49 | €208,509 | €205,791 | -€2,717 | -1.3% |
| Equity | 10/15 | €130,807 | €100,752 | -€30,055 | -23.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,860 | €82,202 | +€80,342 | +4319.5% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | - | €82,202 | +€82,202 | |
| Profit (loss) carried forward | 14 | €110,397 | €0 | -€110,397 | -100.0% |
| Amounts payable | 17/49 | €77,702 | €105,040 | +€27,337 | +35.2% |
| Amounts payable within one year | 42/48 | €77,702 | €105,040 | +€27,337 | +35.2% |
| Financial debts | 43 | €3,383 | €4,386 | +€1,003 | +29.6% |
| Credit institutions | 430/8 | €3,383 | €4,386 | +€1,003 | +29.6% |
| Trade debts | 44 | €2,699 | €3,558 | +€859 | +31.8% |
| Suppliers | 440/4 | €2,699 | €3,558 | +€859 | +31.8% |
| Taxes, remuneration and social security | 45 | €7,545 | €14,463 | +€6,918 | +91.7% |
| Taxes | 450/3 | €5,295 | €12,213 | +€6,918 | +130.7% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €64,075 | €82,633 | +€18,558 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,072 | €11,101 | +€4,029 | +57.0% |
| Other operating charges | 640/8 | €2,110 | €2,261 | +€151 | +7.2% |
| Gross operating margin | 9900 | €81,370 | €101,433 | +€20,064 | +24.7% |
| Operating profit (loss) | 9901 | €72,187 | €88,071 | +€15,884 | +22.0% |
| Financial income | 75/76B | €1,169 | €735 | -€435 | -37.2% |
| Recurring financial income | 75 | €1,169 | €735 | -€435 | -37.2% |
| Financial charges | 65/66B | €807 | €314 | -€493 | -61.1% |
| Recurring financial charges | 65 | €807 | €314 | -€493 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | €72,550 | €88,492 | +€15,942 | +22.0% |
| Income taxes | 67/77 | €15,135 | €18,547 | +€3,411 | +22.5% |
| Profit (loss) for the period | 9904 | €57,414 | €69,945 | +€12,531 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,414 | €69,945 | +€12,531 | +21.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.