PUISSANCE 4: 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.
PUISSANCE 4
Largest movements
- Cash -€19,211
down €19,211 (-78.0%), from €24,636 to €5,425
mainly Contributions, distributions and other (-€26,614) and Tax, wage and social debts (-€562)
- Reserves -€19,932
down €19,932 (-48.0%), from €41,567 to €21,634
- Gross operating margin +€1,894
up €1,894 (+389%), from €487 to €2,381
- Write-downs +€692
new in 2026: €692
- Taxes -€627
down €627 (-20.5%), from €3,055 to €2,428
- Financial income -€50
down €50 (-0.7%), from €7,525 to €7,475
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €151,743 | €131,248 | -€20,495 | -13.5% |
| Current assets | 29/58 | €151,743 | €131,248 | -€20,495 | -13.5% |
| Amounts receivable within one year | 40/41 | €126,457 | €125,198 | -€1,258 | -1.0% |
| Trade receivables | 40 | €1,112 | - | -€1,112 | |
| Other amounts receivable | 41 | €125,344 | €125,198 | -€146 | -0.1% |
| Cash at bank and in hand | 54/58 | €24,636 | €5,425 | -€19,211 | -78.0% |
| Deferred charges and accrued income | 490/1 | €650 | €625 | -€25 | -3.8% |
| Total equity and liabilities | 10/49 | €151,743 | €131,248 | -€20,495 | -13.5% |
| Equity | 10/15 | €150,693 | €130,761 | -€19,932 | -13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,567 | €21,634 | -€19,932 | -48.0% |
| Distributable reserves | 133 | €41,567 | €21,634 | -€19,932 | -48.0% |
| Profit (loss) carried forward | 14 | €90,527 | €90,527 | = | 0.0% |
| Amounts payable | 17/49 | €1,049 | €487 | -€562 | -53.6% |
| Amounts payable within one year | 42/48 | €1,049 | €487 | -€562 | -53.6% |
| Taxes, remuneration and social security | 45 | €1,049 | €487 | -€562 | -53.6% |
| Taxes | 450/3 | €1,049 | €487 | -€562 | -53.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €692 | +€692 | |
| Gross operating margin | 9900 | €487 | €2,381 | +€1,894 | +389% |
| Operating profit (loss) | 9901 | €487 | €1,689 | +€1,202 | +247% |
| Financial income | 75/76B | €7,525 | €7,475 | -€50 | -0.7% |
| Recurring financial income | 75 | €7,525 | €7,475 | -€50 | -0.7% |
| Financial charges | 65/66B | €54 | €54 | = | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €7,958 | €9,110 | +€1,152 | +14.5% |
| Income taxes | 67/77 | €3,055 | €2,428 | -€627 | -20.5% |
| Profit (loss) for the period | 9904 | €4,903 | €6,682 | +€1,779 | +36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,903 | €6,682 | +€1,779 | +36.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.