2B-ENERGY: 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.
2B-ENERGY
Largest movements
- Cash +€46,584
up €46,584 (+35.3%), from €131,947 to €178,530
mainly Debts after one year (+€32,367) and Net result for the year (+€28,436)
- Tangible fixed assets +€31,313
up €31,313 (+94.9%), from €32,990 to €64,303
of which Furniture and vehicles: +€36,113
- Receivables within one year -€6,344
down €6,344 (-6.7%), from €94,743 to €88,399
of which Trade receivables: -€4,534
- Debts after one year +€32,367
new in 2025: €32,367
- Reserves +€28,436
up €28,436 (+12.3%), from €231,569 to €260,006
of which Distributable reserves: +€28,436
- Current portion of long-term debt +€9,039
new in 2025: €9,039
- Trade debts +€4,100
up €4,100 (+1,451%), from €283 to €4,383
- Gross operating margin -€56,851
down €56,851 (-46.1%), from €123,307 to €66,456
- Taxes -€20,997
down €20,997 (-58.7%), from €35,780 to €14,783
- Depreciation +€5,980
up €5,980 (+40.0%), from €14,940 to €20,919
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 | €259,680 | €331,232 | +€71,552 | +27.6% |
| Fixed assets | 21/28 | €32,990 | €64,303 | +€31,313 | +94.9% |
| Tangible fixed assets | 22/27 | €32,990 | €64,303 | +€31,313 | +94.9% |
| Land and buildings | 22 | €11,905 | €8,732 | -€3,173 | -26.7% |
| Plant, machinery and equipment | 23 | €815 | €544 | -€271 | -33.3% |
| Furniture and vehicles | 24 | €18,915 | €55,027 | +€36,113 | +191% |
| Other tangible fixed assets | 26 | €1,356 | €0 | -€1,356 | -100% |
| Current assets | 29/58 | €226,690 | €266,929 | +€40,239 | +17.8% |
| Amounts receivable within one year | 40/41 | €94,743 | €88,399 | -€6,344 | -6.7% |
| Trade receivables | 40 | €90,966 | €86,432 | -€4,534 | -5.0% |
| Other amounts receivable | 41 | €3,777 | €1,967 | -€1,810 | -47.9% |
| Cash at bank and in hand | 54/58 | €131,947 | €178,530 | +€46,584 | +35.3% |
| Total equity and liabilities | 10/49 | €259,680 | €331,232 | +€71,552 | +27.6% |
| Equity | 10/15 | €237,769 | €266,206 | +€28,436 | +12.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €231,569 | €260,006 | +€28,436 | +12.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €4,212 | €4,212 | = | 0.0% |
| Distributable reserves | 133 | €227,357 | €255,794 | +€28,436 | +12.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,911 | €65,027 | +€43,116 | +197% |
| Amounts payable after more than one year | 17 | - | €32,367 | +€32,367 | |
| Financial debts | 170/4 | - | €32,367 | +€32,367 | |
| Amounts payable within one year | 42/48 | €21,911 | €32,660 | +€10,749 | +49.1% |
| Current portion of amounts payable after more than one year | 42 | - | €9,039 | +€9,039 | |
| Trade debts | 44 | €283 | €4,383 | +€4,100 | +1,451% |
| Suppliers | 440/4 | €283 | €4,383 | +€4,100 | +1,451% |
| Taxes, remuneration and social security | 45 | €21,629 | €19,239 | -€2,390 | -11.1% |
| Taxes | 450/3 | €21,629 | €19,239 | -€2,390 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,940 | €20,919 | +€5,980 | +40.0% |
| Other operating charges | 640/8 | €1,244 | €959 | -€285 | -22.9% |
| Gross operating margin | 9900 | €123,307 | €66,456 | -€56,851 | -46.1% |
| Operating profit (loss) | 9901 | €107,123 | €44,577 | -€62,546 | -58.4% |
| Financial income | 75/76B | €13 | €0 | -€13 | -100% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -100% |
| Financial charges | 65/66B | €203 | €1,359 | +€1,156 | +570% |
| Recurring financial charges | 65 | €203 | €1,359 | +€1,156 | +570% |
| Profit (loss) for the period before taxes | 9903 | €106,934 | €43,219 | -€63,715 | -59.6% |
| Income taxes | 67/77 | €35,780 | €14,783 | -€20,997 | -58.7% |
| Profit (loss) for the period | 9904 | €71,154 | €28,436 | -€42,717 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,154 | €28,436 | -€42,717 | -60.0% |
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 18 October 2026 via checked.be.