TURN 2 POWER: 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.
TURN 2 POWER
Largest movements
- Receivables within one year +€529
up €529 (+1.5%), from €34,856 to €35,385
of which Other amounts receivable: +€529
- Other debts +€4,736
up €4,736 (+16.2%), from €29,241 to €33,977
- Profit (loss) carried forward -€3,467
down €3,467 (-10.4%), from -€33,317 to -€36,783
- Accrued charges and deferred income -€549
no longer reported in 2025 (was €549)
- Gross operating margin -€2,882
down €2,882 (-4,517%), from -€64 to -€2,946
- Other operating charges -€296
down €296 (-38.3%), from €772 to €476
- Financial charges -€57
down €57 (-55.9%), from €102 to €45
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 | €42,758 | €43,091 | +€333 | +0.8% |
| Current assets | 29/58 | €42,758 | €43,091 | +€333 | +0.8% |
| Stocks and contracts in progress | 3 | €7,694 | €7,694 | = | 0.0% |
| Stocks | 30/36 | €7,694 | €7,694 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,856 | €35,385 | +€529 | +1.5% |
| Trade receivables | 40 | €34,680 | €34,680 | = | 0.0% |
| Other amounts receivable | 41 | €176 | €705 | +€529 | +300% |
| Cash at bank and in hand | 54/58 | €208 | €12 | -€196 | -94.1% |
| Total equity and liabilities | 10/49 | €42,758 | €43,091 | +€333 | +0.8% |
| Equity | 10/15 | -€14,717 | -€18,183 | -€3,467 | -23.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,317 | -€36,783 | -€3,467 | -10.4% |
| Amounts payable | 17/49 | €57,474 | €61,274 | +€3,800 | +6.6% |
| Amounts payable within one year | 42/48 | €56,925 | €61,274 | +€4,349 | +7.6% |
| Trade debts | 44 | €27,685 | €27,297 | -€387 | -1.4% |
| Suppliers | 440/4 | €27,685 | €27,297 | -€387 | -1.4% |
| Other amounts payable | 47/48 | €29,241 | €33,977 | +€4,736 | +16.2% |
| Accrued charges and deferred income | 492/3 | €549 | - | -€549 | |
| Other operating charges | 640/8 | €772 | €476 | -€296 | -38.3% |
| Gross operating margin | 9900 | -€64 | -€2,946 | -€2,882 | -4,517% |
| Operating profit (loss) | 9901 | -€836 | -€3,422 | -€2,586 | -309% |
| Financial charges | 65/66B | €102 | €45 | -€57 | -55.9% |
| Recurring financial charges | 65 | €102 | €45 | -€57 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | -€938 | -€3,467 | -€2,529 | -270% |
| Profit (loss) for the period | 9904 | -€938 | -€3,467 | -€2,529 | -270% |
| Profit (loss) for the period to be appropriated | 9905 | -€938 | -€3,467 | -€2,529 | -270% |
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 15 October 2026 via checked.be.