EMPOWRIZE: 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.
EMPOWRIZE
Largest movements
- Cash +€107,194
up €107,194 (+58.2%), from €184,122 to €291,316
mainly Net result for the year (+€96,333) and Tax, wage and social debts (+€16,587)
- Receivables within one year +€4,038
up €4,038 (+9.9%), from €40,742 to €44,780
- Reserves +€96,250
up €96,250 (+59.6%), from €161,500 to €257,750
- Tax, wage and social debts +€16,587
up €16,587 (+25.5%), from €65,021 to €81,608
of which Taxes: +€16,587
- Other debts -€5,416
down €5,416 (-57.6%), from €9,404 to €3,988
- Gross operating margin -€19,198
down €19,198 (-12.9%), from €148,810 to €129,612
- Taxes -€3,493
down €3,493 (-10.3%), from €33,998 to €30,505
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.
Cash bridge derived
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 | €239,724 | €349,217 | +€109,493 | +45.7% |
| Fixed assets | 21/28 | €2,700 | €1,958 | -€742 | -27.5% |
| Tangible fixed assets | 22/27 | €2,700 | €1,958 | -€742 | -27.5% |
| Plant, machinery and equipment | 23 | €757 | €550 | -€206 | -27.3% |
| Furniture and vehicles | 24 | €682 | €277 | -€405 | -59.4% |
| Other tangible fixed assets | 26 | €1,262 | €1,131 | -€131 | -10.4% |
| Current assets | 29/58 | €237,024 | €347,259 | +€110,235 | +46.5% |
| Amounts receivable within one year | 40/41 | €40,742 | €44,780 | +€4,038 | +9.9% |
| Trade receivables | 40 | €40,742 | €44,780 | +€4,038 | +9.9% |
| Cash at bank and in hand | 54/58 | €184,122 | €291,316 | +€107,194 | +58.2% |
| Deferred charges and accrued income | 490/1 | €12,160 | €11,164 | -€996 | -8.2% |
| Total equity and liabilities | 10/49 | €239,724 | €349,217 | +€109,493 | +45.7% |
| Equity | 10/15 | €164,623 | €260,956 | +€96,333 | +58.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €161,500 | €257,750 | +€96,250 | +59.6% |
| Distributable reserves | 133 | €161,500 | €257,750 | +€96,250 | +59.6% |
| Profit (loss) carried forward | 14 | €123 | €206 | +€83 | +67.1% |
| Amounts payable | 17/49 | €75,101 | €88,261 | +€13,160 | +17.5% |
| Amounts payable within one year | 42/48 | €74,631 | €88,261 | +€13,630 | +18.3% |
| Trade debts | 44 | €207 | €2,666 | +€2,458 | +1185.8% |
| Suppliers | 440/4 | €207 | €2,666 | +€2,458 | +1185.8% |
| Taxes, remuneration and social security | 45 | €65,021 | €81,608 | +€16,587 | +25.5% |
| Taxes | 450/3 | €62,521 | €79,108 | +€16,587 | +26.5% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €9,404 | €3,988 | -€5,416 | -57.6% |
| Accrued charges and deferred income | 492/3 | €470 | - | -€470 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €758 | €742 | -€16 | -2.1% |
| Other operating charges | 640/8 | €1,513 | €920 | -€594 | -39.2% |
| Gross operating margin | 9900 | €148,810 | €129,612 | -€19,198 | -12.9% |
| Operating profit (loss) | 9901 | €146,538 | €127,950 | -€18,588 | -12.7% |
| Financial income | 75/76B | €7 | €0 | -€6 | -95.5% |
| Recurring financial income | 75 | €7 | €0 | -€6 | -95.5% |
| Financial charges | 65/66B | €1,393 | €1,113 | -€280 | -20.1% |
| Recurring financial charges | 65 | €1,393 | €1,113 | -€280 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €145,152 | €126,838 | -€18,314 | -12.6% |
| Income taxes | 67/77 | €33,998 | €30,505 | -€3,493 | -10.3% |
| Profit (loss) for the period | 9904 | €111,154 | €96,333 | -€14,821 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €111,154 | €96,333 | -€14,821 | -13.3% |
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 10 October 2026 via checked.be.