uwPower: 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.
uwPower
Largest movements
- Cash +€48,776
up €48,776 (+42.3%), from €115,224 to €164,000
mainly Other debts (+€108,431) and Net result for the year (+€39,720)
- Receivables within one year -€22,121
down €22,121 (-59.7%), from €37,047 to €14,926
of which Trade receivables: -€18,088
- Tangible fixed assets -€11,113
down €11,113 (-41.6%), from €26,698 to €15,585
of which Furniture and vehicles: -€8,638
- Deferred charges and accrued income +€2,045
up €2,045 (+1,636%), from €125 to €2,170
- Other debts +€108,431
up €108,431 (+3,614%), from €3,000 to €111,431
- Profit (loss) carried forward -€85,280
down €85,280 (-65.7%), from €129,803 to €44,523
- Tax, wage and social debts -€7,541
down €7,541 (-33.7%), from €22,376 to €14,835
of which Taxes: -€7,128
- Trade debts +€1,978
up €1,978 (+49.5%), from €3,992 to €5,969
- Gross operating margin +€11,549
up €11,549 (+13.9%), from €83,042 to €94,591
- Taxes -€4,791
down €4,791 (-40.1%), from €11,953 to €7,162
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 | €179,631 | €197,218 | +€17,587 | +9.8% |
| Fixed assets | 21/28 | €27,235 | €16,122 | -€11,113 | -40.8% |
| Tangible fixed assets | 22/27 | €26,698 | €15,585 | -€11,113 | -41.6% |
| Land and buildings | 22 | €3,337 | €2,307 | -€1,031 | -30.9% |
| Plant, machinery and equipment | 23 | €5,612 | €4,168 | -€1,445 | -25.7% |
| Furniture and vehicles | 24 | €17,748 | €9,111 | -€8,638 | -48.7% |
| Financial fixed assets | 28 | €537 | €537 | = | 0.0% |
| Current assets | 29/58 | €152,396 | €181,096 | +€28,700 | +18.8% |
| Amounts receivable within one year | 40/41 | €37,047 | €14,926 | -€22,121 | -59.7% |
| Trade receivables | 40 | €31,419 | €13,331 | -€18,088 | -57.6% |
| Other amounts receivable | 41 | €5,628 | €1,595 | -€4,033 | -71.7% |
| Cash at bank and in hand | 54/58 | €115,224 | €164,000 | +€48,776 | +42.3% |
| Deferred charges and accrued income | 490/1 | €125 | €2,170 | +€2,045 | +1,636% |
| Total equity and liabilities | 10/49 | €179,631 | €197,218 | +€17,587 | +9.8% |
| Equity | 10/15 | €150,263 | €64,983 | -€85,280 | -56.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,803 | €44,523 | -€85,280 | -65.7% |
| Amounts payable | 17/49 | €29,368 | €132,235 | +€102,867 | +350% |
| Amounts payable within one year | 42/48 | €29,368 | €132,235 | +€102,867 | +350% |
| Trade debts | 44 | €3,992 | €5,969 | +€1,978 | +49.5% |
| Suppliers | 440/4 | €3,992 | €5,969 | +€1,978 | +49.5% |
| Taxes, remuneration and social security | 45 | €22,376 | €14,835 | -€7,541 | -33.7% |
| Taxes | 450/3 | €13,668 | €6,539 | -€7,128 | -52.2% |
| Remuneration and social security | 454/9 | €8,708 | €8,295 | -€413 | -4.7% |
| Other amounts payable | 47/48 | €3,000 | €111,431 | +€108,431 | +3,614% |
| Remuneration, social security and pensions | 62 | €35,027 | €35,662 | +€635 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,113 | €11,113 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,203 | €1,362 | +€159 | +13.2% |
| Non-recurring operating charges | 66A | - | €79 | +€79 | |
| Gross operating margin | 9900 | €83,042 | €94,591 | +€11,549 | +13.9% |
| Operating profit (loss) | 9901 | €35,698 | €46,375 | +€10,677 | +29.9% |
| Financial income | 75/76B | - | €727 | +€727 | |
| Recurring financial income | 75 | - | €727 | +€727 | |
| Financial charges | 65/66B | €182 | €220 | +€38 | +20.8% |
| Recurring financial charges | 65 | €182 | €220 | +€38 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €35,516 | €46,882 | +€11,366 | +32.0% |
| Income taxes | 67/77 | €11,953 | €7,162 | -€4,791 | -40.1% |
| Profit (loss) for the period | 9904 | €23,563 | €39,720 | +€16,157 | +68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,563 | €39,720 | +€16,157 | +68.6% |
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 18 October 2026 via checked.be.