POWERLEAZ: 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.
POWERLEAZ
Largest movements
- Receivables within one year -€45,228
down €45,228 (-30.7%), from €147,521 to €102,293
of which Trade receivables: -€54,546
- Cash +€28,538
up €28,538 (+79.5%), from €35,875 to €64,412
mainly Receivables within one year (+€45,228) and Trade debts (+€24,498)
- Stocks and contracts +€20,545
new in 2025: €20,545
- Tangible fixed assets -€5,129
down €5,129 (-48.9%), from €10,498 to €5,370
of which Furniture and vehicles: -€4,296
- Profit (loss) carried forward -€28,595
down €28,595 (-65.5%), from €43,625 to €15,030
- Trade debts +€24,498
up €24,498 (+26.5%), from €92,354 to €116,852
- Tax, wage and social debts +€9,661
up €9,661 (+61.4%), from €15,737 to €25,399
of which Taxes: +€10,224
- Current portion of long-term debt -€6,931
no longer reported in 2025 (was €6,931)
- Other operating charges +€68,965
up €68,965 (+1,692%), from €4,075 to €73,041
- Gross operating margin +€19,419
up €19,419 (+38.3%), from €50,648 to €70,067
- Taxes +€17,664
up €17,664 (+458%), from €3,855 to €21,519
- Staff costs -€8,795
no longer reported in 2025 (was €8,795)
- Financial charges -€2,961
no longer reported in 2025 (was €2,961)
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 | €195,481 | €194,114 | -€1,367 | -0.7% |
| Fixed assets | 21/28 | €11,198 | €5,953 | -€5,245 | -46.8% |
| Tangible fixed assets | 22/27 | €10,498 | €5,370 | -€5,129 | -48.9% |
| Plant, machinery and equipment | 23 | €833 | - | -€833 | |
| Furniture and vehicles | 24 | €9,666 | €5,370 | -€4,296 | -44.4% |
| Financial fixed assets | 28 | €700 | €583 | -€117 | -16.6% |
| Current assets | 29/58 | €184,282 | €188,161 | +€3,878 | +2.1% |
| Stocks and contracts in progress | 3 | - | €20,545 | +€20,545 | |
| Stocks | 30/36 | - | €20,545 | +€20,545 | |
| Amounts receivable within one year | 40/41 | €147,521 | €102,293 | -€45,228 | -30.7% |
| Trade receivables | 40 | €135,782 | €81,235 | -€54,546 | -40.2% |
| Other amounts receivable | 41 | €11,739 | €21,058 | +€9,319 | +79.4% |
| Cash at bank and in hand | 54/58 | €35,875 | €64,412 | +€28,538 | +79.5% |
| Deferred charges and accrued income | 490/1 | €887 | €910 | +€23 | +2.6% |
| Total equity and liabilities | 10/49 | €195,481 | €194,114 | -€1,367 | -0.7% |
| Equity | 10/15 | €49,825 | €21,230 | -€28,595 | -57.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,625 | €15,030 | -€28,595 | -65.5% |
| Amounts payable | 17/49 | €145,656 | €172,884 | +€27,229 | +18.7% |
| Amounts payable after more than one year | 17 | €29,864 | €29,864 | = | 0.0% |
| Other amounts payable | 178/9 | €29,864 | €29,864 | = | 0.0% |
| Amounts payable within one year | 42/48 | €115,022 | €142,250 | +€27,229 | +23.7% |
| Current portion of amounts payable after more than one year | 42 | €6,931 | - | -€6,931 | |
| Trade debts | 44 | €92,354 | €116,852 | +€24,498 | +26.5% |
| Suppliers | 440/4 | €92,354 | €116,852 | +€24,498 | +26.5% |
| Taxes, remuneration and social security | 45 | €15,737 | €25,399 | +€9,661 | +61.4% |
| Taxes | 450/3 | €15,175 | €25,399 | +€10,224 | +67.4% |
| Remuneration and social security | 454/9 | €562 | - | -€562 | |
| Accrued charges and deferred income | 492/3 | €770 | €770 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €8,795 | - | -€8,795 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,038 | €5,129 | -€910 | -15.1% |
| Other operating charges | 640/8 | €4,075 | €73,041 | +€68,965 | +1,692% |
| Gross operating margin | 9900 | €50,648 | €70,067 | +€19,419 | +38.3% |
| Operating profit (loss) | 9901 | €31,740 | -€8,103 | -€39,842 | |
| Financial income | 75/76B | €8 | €1,027 | +€1,018 | +12,375% |
| Recurring financial income | 75 | €8 | €1,027 | +€1,018 | +12,375% |
| Financial charges | 65/66B | €2,961 | - | -€2,961 | |
| Recurring financial charges | 65 | €2,961 | - | -€2,961 | |
| Profit (loss) for the period before taxes | 9903 | €28,787 | -€7,076 | -€35,863 | |
| Income taxes | 67/77 | €3,855 | €21,519 | +€17,664 | +458% |
| Profit (loss) for the period | 9904 | €24,932 | -€28,595 | -€53,527 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,932 | -€28,595 | -€53,527 |
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 26 October 2026 via checked.be.