PowerLaw: 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.
PowerLaw
Largest movements
- Current investments +€50,000
up €50,000 (+33.3%), from €150,000 to €200,000
- Cash +€47,305
up €47,305 (+28.1%), from €168,572 to €215,877
mainly Net result for the year (+€88,816) and Depreciation (+€20,311)
- Tangible fixed assets -€20,311
down €20,311 (-45.4%), from €44,739 to €24,429
- Receivables within one year -€17,545
down €17,545 (-50.0%), from €35,090 to €17,545
- Reserves +€88,816
up €88,816 (+28.5%), from €311,931 to €400,748
of which Distributable reserves: +€88,816
- Tax, wage and social debts -€25,487
down €25,487 (-51.1%), from €49,878 to €24,391
- Debts after one year -€14,607
down €14,607 (-74.8%), from €19,515 to €4,909
- Other debts +€10,796
up €10,796 (+314,746%), from €3 to €10,799
- Gross operating margin -€6,570
down €6,570 (-4.7%), from €138,545 to €131,975
- Financial income +€4,692
up €4,692 (+180,480%), from €3 to €4,695
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 | €399,221 | €458,956 | +€59,735 | +15.0% |
| Fixed assets | 21/28 | €44,739 | €24,429 | -€20,311 | -45.4% |
| Tangible fixed assets | 22/27 | €44,739 | €24,429 | -€20,311 | -45.4% |
| Furniture and vehicles | 24 | €44,739 | €24,429 | -€20,311 | -45.4% |
| Current assets | 29/58 | €354,482 | €434,528 | +€80,046 | +22.6% |
| Amounts receivable within one year | 40/41 | €35,090 | €17,545 | -€17,545 | -50.0% |
| Trade receivables | 40 | €35,090 | €17,545 | -€17,545 | -50.0% |
| Current investments | 50/53 | €150,000 | €200,000 | +€50,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €168,572 | €215,877 | +€47,305 | +28.1% |
| Deferred charges and accrued income | 490/1 | €820 | €1,105 | +€286 | +34.9% |
| Total equity and liabilities | 10/49 | €399,221 | €458,956 | +€59,735 | +15.0% |
| Equity | 10/15 | €314,931 | €403,748 | +€88,816 | +28.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €311,931 | €400,748 | +€88,816 | +28.5% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €311,631 | €400,448 | +€88,816 | +28.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €84,290 | €55,209 | -€29,081 | -34.5% |
| Amounts payable after more than one year | 17 | €19,515 | €4,909 | -€14,607 | -74.8% |
| Financial debts | 170/4 | €19,515 | €4,909 | -€14,607 | -74.8% |
| Amounts payable within one year | 42/48 | €64,775 | €50,300 | -€14,474 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €14,427 | €14,607 | +€179 | +1.2% |
| Trade debts | 44 | €466 | €503 | +€37 | +8.0% |
| Suppliers | 440/4 | €466 | €503 | +€37 | +8.0% |
| Taxes, remuneration and social security | 45 | €49,878 | €24,391 | -€25,487 | -51.1% |
| Taxes | 450/3 | €49,878 | €24,391 | -€25,487 | -51.1% |
| Other amounts payable | 47/48 | €3 | €10,799 | +€10,796 | +314,746% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,311 | €20,311 | = | 0.0% |
| Other operating charges | 640/8 | €1,085 | €1,427 | +€342 | +31.6% |
| Gross operating margin | 9900 | €138,545 | €131,975 | -€6,570 | -4.7% |
| Operating profit (loss) | 9901 | €117,149 | €110,237 | -€6,913 | -5.9% |
| Financial income | 75/76B | €3 | €4,695 | +€4,692 | +180,480% |
| Recurring financial income | 75 | €3 | €4,695 | +€4,692 | +180,480% |
| Financial charges | 65/66B | €699 | €653 | -€46 | -6.6% |
| Recurring financial charges | 65 | €699 | €653 | -€46 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €116,453 | €114,279 | -€2,174 | -1.9% |
| Income taxes | 67/77 | €24,656 | €25,462 | +€806 | +3.3% |
| Profit (loss) for the period | 9904 | €91,796 | €88,816 | -€2,980 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €91,796 | €88,816 | -€2,980 | -3.2% |
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 17 October 2026 via checked.be.