Puissance.com: what changed
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
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it 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% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.