PWRfull: what changed
Two fiscal 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.
PWRfull
Largest movements
- Intangible fixed assets +€91,201
new in 2025: €91,201
- Receivables within one year +€15,263
up €15,263 (+10617.6%), from €144 to €15,407
of which Other amounts receivable: +€15,350
- Cash -€10,073
down €10,073 (-21.7%), from €46,349 to €36,276
mainly Investment in fixed assets (net) (-€94,475) and Other debts (-€16,221)
- Contributions +€45,000
up €45,000 (+64.3%), from €70,000 to €115,000
- Profit (loss) carried forward +€38,669
up €38,669 (+91.4%), from -€42,314 to -€3,645
- Accrued charges and deferred income +€30,000
new in 2025: €30,000
- Other debts -€16,221
no longer reported in 2025 (was €16,221)
- Tax, wage and social debts -€1,714
no longer reported in 2025 (was €1,714)
- Gross operating margin +€29,721
up €29,721 (+239.7%), from €12,398 to €42,119
- Depreciation +€3,274
new in 2025: €3,274
- Financial income +€426
new in 2025: €426
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 | €46,493 | €142,884 | +€96,391 | +207.3% |
| Fixed assets | 21/28 | - | €91,201 | +€91,201 | |
| Intangible fixed assets | 21 | - | €91,201 | +€91,201 | |
| Current assets | 29/58 | €46,493 | €51,683 | +€5,190 | +11.2% |
| Amounts receivable within one year | 40/41 | €144 | €15,407 | +€15,263 | +10617.6% |
| Trade receivables | 40 | €144 | €57 | -€87 | -60.6% |
| Other amounts receivable | 41 | - | €15,350 | +€15,350 | |
| Cash at bank and in hand | 54/58 | €46,349 | €36,276 | -€10,073 | -21.7% |
| Total equity and liabilities | 10/49 | €46,493 | €142,884 | +€96,391 | +207.3% |
| Equity | 10/15 | €27,686 | €111,355 | +€83,669 | +302.2% |
| Contributions | 10/11 | €70,000 | €115,000 | +€45,000 | +64.3% |
| Capital | 10 | €70,000 | €115,000 | +€45,000 | +64.3% |
| Issued capital | 100 | €70,000 | €115,000 | +€45,000 | +64.3% |
| Profit (loss) carried forward | 14 | -€42,314 | -€3,645 | +€38,669 | +91.4% |
| Amounts payable | 17/49 | €18,807 | €31,528 | +€12,722 | +67.6% |
| Amounts payable within one year | 42/48 | €18,807 | €1,528 | -€17,278 | -91.9% |
| Trade debts | 44 | €872 | €1,528 | +€656 | +75.2% |
| Suppliers | 440/4 | €872 | €1,528 | +€656 | +75.2% |
| Taxes, remuneration and social security | 45 | €1,714 | - | -€1,714 | |
| Taxes | 450/3 | €1,714 | - | -€1,714 | |
| Other amounts payable | 47/48 | €16,221 | - | -€16,221 | |
| Accrued charges and deferred income | 492/3 | - | €30,000 | +€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,274 | +€3,274 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €12,398 | €42,119 | +€29,721 | +239.7% |
| Operating profit (loss) | 9901 | €11,893 | €38,325 | +€26,432 | +222.3% |
| Financial income | 75/76B | - | €426 | +€426 | |
| Recurring financial income | 75 | - | €426 | +€426 | |
| Financial charges | 65/66B | €101 | €82 | -€19 | -18.6% |
| Recurring financial charges | 65 | €101 | €82 | -€19 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €11,791 | €38,669 | +€26,878 | +227.9% |
| Profit (loss) for the period | 9904 | €11,791 | €38,669 | +€26,878 | +227.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,791 | €38,669 | +€26,878 | +227.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.