EMPOWER IT: 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.
EMPOWER IT
Largest movements
- Tangible fixed assets -€12,692
down €12,692 (-18.2%), from €69,877 to €57,185
of which Furniture and vehicles: -€11,997
- Receivables within one year +€4,880
up €4,880 (+18.5%), from €26,339 to €31,220
of which Other amounts receivable: +€2,902
- Cash -€4,868
down €4,868 (-10.0%), from €48,826 to €43,958
mainly Contributions, distributions and other (-€25,628) and Debts after one year (-€9,848)
- Reserves -€14,272
down €14,272 (-13.3%), from €107,554 to €93,282
of which Distributable reserves: -€14,272
- Debts after one year -€9,848
down €9,848 (-32.4%), from €30,438 to €20,589
- Tax, wage and social debts +€5,462
up €5,462 (+242%), from €2,253 to €7,715
- Trade debts +€4,396
up €4,396 (+89.5%), from €4,908 to €9,304
- Gross operating margin -€24,503
down €24,503 (-39.4%), from €62,269 to €37,766
- Depreciation +€10,563
up €10,563 (+150%), from €7,046 to €17,609
- Taxes -€9,402
down €9,402 (-58.5%), from €16,080 to €6,678
- Financial charges +€1,165
up €1,165 (+419%), from €278 to €1,442
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 | €173,315 | €159,338 | -€13,977 | -8.1% |
| Fixed assets | 21/28 | €69,877 | €57,185 | -€12,692 | -18.2% |
| Tangible fixed assets | 22/27 | €69,877 | €57,185 | -€12,692 | -18.2% |
| Plant, machinery and equipment | 23 | €3,031 | €3,770 | +€739 | +24.4% |
| Furniture and vehicles | 24 | €64,875 | €52,878 | -€11,997 | -18.5% |
| Other tangible fixed assets | 26 | €1,972 | €537 | -€1,434 | -72.7% |
| Current assets | 29/58 | €103,438 | €102,153 | -€1,285 | -1.2% |
| Amounts receivable after more than one year | 29 | €26,512 | €25,000 | -€1,512 | -5.7% |
| Other amounts receivable | 291 | €26,512 | €25,000 | -€1,512 | -5.7% |
| Amounts receivable within one year | 40/41 | €26,339 | €31,220 | +€4,880 | +18.5% |
| Trade receivables | 40 | €25,920 | €27,898 | +€1,978 | +7.6% |
| Other amounts receivable | 41 | €420 | €3,322 | +€2,902 | +692% |
| Cash at bank and in hand | 54/58 | €48,826 | €43,958 | -€4,868 | -10.0% |
| Deferred charges and accrued income | 490/1 | €1,761 | €1,976 | +€215 | +12.2% |
| Total equity and liabilities | 10/49 | €173,315 | €159,338 | -€13,977 | -8.1% |
| Equity | 10/15 | €126,154 | €111,882 | -€14,272 | -11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,554 | €93,282 | -€14,272 | -13.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €105,694 | €91,422 | -€14,272 | -13.5% |
| Amounts payable | 17/49 | €47,161 | €47,456 | +€295 | +0.6% |
| Amounts payable after more than one year | 17 | €30,438 | €20,589 | -€9,848 | -32.4% |
| Financial debts | 170/4 | €30,438 | €20,589 | -€9,848 | -32.4% |
| Amounts payable within one year | 42/48 | €16,724 | €26,867 | +€10,144 | +60.7% |
| Current portion of amounts payable after more than one year | 42 | €9,563 | €9,848 | +€286 | +3.0% |
| Trade debts | 44 | €4,908 | €9,304 | +€4,396 | +89.5% |
| Suppliers | 440/4 | €4,908 | €9,304 | +€4,396 | +89.5% |
| Taxes, remuneration and social security | 45 | €2,253 | €7,715 | +€5,462 | +242% |
| Taxes | 450/3 | €2,253 | €7,715 | +€5,462 | +242% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,046 | €17,609 | +€10,563 | +150% |
| Other operating charges | 640/8 | €819 | €681 | -€138 | -16.9% |
| Gross operating margin | 9900 | €62,269 | €37,766 | -€24,503 | -39.4% |
| Operating profit (loss) | 9901 | €54,404 | €19,476 | -€34,928 | -64.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €278 | €1,442 | +€1,165 | +419% |
| Recurring financial charges | 65 | €278 | €1,442 | +€1,165 | +419% |
| Profit (loss) for the period before taxes | 9903 | €54,126 | €18,035 | -€36,092 | -66.7% |
| Income taxes | 67/77 | €16,080 | €6,678 | -€9,402 | -58.5% |
| Profit (loss) for the period | 9904 | €38,046 | €11,356 | -€26,690 | -70.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,046 | €11,356 | -€26,690 | -70.2% |
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 14 October 2026 via checked.be.