ENERSEN
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 23-10-2025 PDF all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is 630 times that of 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets and working capital.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €9,960 | - | - |
| Other operating charges640/8 | - | €151 | - |
| Gross operating margin9900 | €40 | €25,347 | ▲ 634× |
| Operating profit (loss)9901 | €40 | €25,196 | ▲ 630× |
| Financial charges65/66B | €20 | €113 | ▲ 464% |
| Recurring financial charges65 | €20 | €113 | ▲ 464% |
| Profit (loss) for the period before taxes9903 | €20 | €25,083 | ▲ 1,254× |
| Income taxes67/77 | €4 | - | - |
| Profit (loss) for the period9904 | €16 | €25,083 | ▲ 1,568× |
| Profit (loss) for the period to be appropriated9905 | €16 | €25,083 | ▲ 1,568× |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €525 | €26,311 | ▲ 50× |
| Current assets29/58 | €525 | €26,311 | ▲ 50× |
| Amounts receivable within one year40/41 | €405 | €25,522 | ▲ 63× |
| Trade receivables40 | €384 | €25,050 | ▲ 65× |
| Other amounts receivable41 | €21 | €472 | ▲ 22× |
| Current investments50/53 | €120 | - | - |
| Cash at bank and in hand54/58 | - | €789 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €525 | €26,311 | ▲ 50× |
| Equity10/15 | €16 | €25,099 | ▲ 1,569× |
| Profit (loss) carried forward14 | €16 | €25,099 | ▲ 1,569× |
| Amounts payable17/49 | €509 | €1,212 | ▲ 138% |
| Amounts payable within one year42/48 | €509 | €1,212 | ▲ 138% |
| Trade debts44 | €505 | €1,208 | ▲ 139% |
| Suppliers440/4 | €121 | €1,208 | ▲ 899% |
| Bills of exchange payable441 | €384 | - | - |
| Taxes, remuneration and social security45 | €4 | €4 | ▼ 1.5% |
| Taxes450/3 | €4 | €4 | ▼ 1.5% |
Historical observation
In July 2024, 39,278 companies had the same profile as ENERSEN has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of ENERSEN itself is higher: 3.6% within 12 months. It rests on far more data about ENERSEN than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for ENERSEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.