Puissance.com: 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.com
Largest movements
- Receivables within one year -€27,115
down €27,115 (-32.9%), from €82,456 to €55,341
of which Trade receivables: -€16,027
- Stocks and contracts +€9,492
up €9,492 (+12.8%), from €74,122 to €83,614
- Tangible fixed assets -€6,383
down €6,383 (-4.1%), from €153,802 to €147,419
of which Furniture and vehicles: -€4,584
- Trade debts +€133,369
up €133,369 (+53.8%), from €247,860 to €381,230
- Short-term financial debts -€69,566
down €69,566 (-18.1%), from €383,475 to €313,908
- Profit (loss) carried forward -€58,664
down €58,664 (-9.2%), from -€638,522 to -€697,187
- Tax, wage and social debts -€17,295
down €17,295 (-94.9%), from €18,217 to €923
- Accrued charges and deferred income -€10,151
down €10,151 (-37.6%), from €26,982 to €16,830
- Gross operating margin +€152,278
up €152,278 (+83.2%), from -€183,106 to -€30,828
- Taxes -€20,245
no longer reported in 2025 (was €20,245)
- Financial charges -€14,613
down €14,613 (-43.3%), from €33,776 to €19,164
- Financial income -€7,719
down €7,719 (-100.0%), from €7,720 to €0
- Depreciation -€4,043
down €4,043 (-38.8%), from €10,426 to €6,383
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 | €315,060 | €292,753 | -€22,307 | -7.1% |
| Fixed assets | 21/28 | €155,752 | €149,369 | -€6,383 | -4.1% |
| Tangible fixed assets | 22/27 | €153,802 | €147,419 | -€6,383 | -4.1% |
| Plant, machinery and equipment | 23 | €1,733 | €526 | -€1,207 | -69.7% |
| Furniture and vehicles | 24 | €149,845 | €145,261 | -€4,584 | -3.1% |
| Other tangible fixed assets | 26 | €2,224 | €1,633 | -€591 | -26.6% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €159,308 | €143,384 | -€15,925 | -10.0% |
| Stocks and contracts in progress | 3 | €74,122 | €83,614 | +€9,492 | +12.8% |
| Stocks | 30/36 | €74,122 | €83,614 | +€9,492 | +12.8% |
| Amounts receivable within one year | 40/41 | €82,456 | €55,341 | -€27,115 | -32.9% |
| Trade receivables | 40 | €71,253 | €55,226 | -€16,027 | -22.5% |
| Other amounts receivable | 41 | €11,203 | €115 | -€11,088 | -99.0% |
| Cash at bank and in hand | 54/58 | €2,680 | €2,215 | -€465 | -17.4% |
| Deferred charges and accrued income | 490/1 | €51 | €2,214 | +€2,163 | +4,251% |
| Total equity and liabilities | 10/49 | €315,060 | €292,753 | -€22,307 | -7.1% |
| Equity | 10/15 | -€519,923 | -€578,588 | -€58,664 | -11.3% |
| Contributions | 10/11 | €118,599 | €118,599 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€638,522 | -€697,187 | -€58,664 | -9.2% |
| Amounts payable | 17/49 | €834,984 | €871,341 | +€36,357 | +4.4% |
| Amounts payable after more than one year | 17 | €58,450 | €58,450 | = | 0.0% |
| Trade debts | 175 | €58,450 | €58,450 | = | 0.0% |
| Amounts payable within one year | 42/48 | €749,552 | €796,060 | +€46,508 | +6.2% |
| Financial debts | 43 | €383,475 | €313,908 | -€69,566 | -18.1% |
| Other loans | 439 | €383,475 | €313,908 | -€69,566 | -18.1% |
| Trade debts | 44 | €247,860 | €381,230 | +€133,369 | +53.8% |
| Suppliers | 440/4 | €247,860 | €381,230 | +€133,369 | +53.8% |
| Taxes, remuneration and social security | 45 | €18,217 | €923 | -€17,295 | -94.9% |
| Taxes | 450/3 | €18,217 | €923 | -€17,295 | -94.9% |
| Other amounts payable | 47/48 | €100,000 | €100,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €26,982 | €16,830 | -€10,151 | -37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,426 | €6,383 | -€4,043 | -38.8% |
| Other operating charges | 640/8 | €277 | €2,290 | +€2,014 | +728% |
| Gross operating margin | 9900 | -€183,106 | -€30,828 | +€152,278 | +83.2% |
| Operating profit (loss) | 9901 | -€193,809 | -€39,501 | +€154,308 | +79.6% |
| Financial income | 75/76B | €7,720 | €0 | -€7,719 | -100.0% |
| Recurring financial income | 75 | €7,720 | €0 | -€7,719 | -100.0% |
| Financial charges | 65/66B | €33,776 | €19,164 | -€14,613 | -43.3% |
| Recurring financial charges | 65 | €33,776 | €19,164 | -€14,613 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | -€219,865 | -€58,664 | +€161,201 | +73.3% |
| Income taxes | 67/77 | €20,245 | - | -€20,245 | |
| Profit (loss) for the period | 9904 | -€240,110 | -€58,664 | +€181,446 | +75.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€240,110 | -€58,664 | +€181,446 | +75.6% |
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 17 October 2026 via checked.be.