2degNRG: 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.
2degNRG
Largest movements
- Cash +€61,442
up €61,442 (+74.8%), from €82,100 to €143,542
mainly Net result for the year (+€50,023) and Depreciation (+€13,148)
- Receivables within one year -€10,652
down €10,652 (-51.0%), from €20,877 to €10,224
of which Other amounts receivable: -€5,601
- Tangible fixed assets -€7,888
down €7,888 (-15.4%), from €51,259 to €43,371
of which Furniture and vehicles: -€8,607
- Current investments +€4,546
up €4,546 (+82.4%), from €5,515 to €10,061
- Reserves +€49,523
up €49,523 (+36.3%), from €136,461 to €185,984
- Gross operating margin +€61,044
up €61,044 (+276.8%), from €22,051 to €83,095
- Taxes +€16,152
up €16,152 (+511.8%), from €3,156 to €19,307
- Depreciation +€1,539
up €1,539 (+13.3%), from €11,610 to €13,148
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 | €161,108 | €209,307 | +€48,199 | +29.9% |
| Fixed assets | 21/28 | €51,259 | €43,371 | -€7,888 | -15.4% |
| Tangible fixed assets | 22/27 | €51,259 | €43,371 | -€7,888 | -15.4% |
| Plant, machinery and equipment | 23 | €1,974 | €2,693 | +€719 | +36.4% |
| Furniture and vehicles | 24 | €49,285 | €40,678 | -€8,607 | -17.5% |
| Current assets | 29/58 | €109,849 | €165,936 | +€56,087 | +51.1% |
| Amounts receivable within one year | 40/41 | €20,877 | €10,224 | -€10,652 | -51.0% |
| Trade receivables | 40 | €15,275 | €10,224 | -€5,051 | -33.1% |
| Other amounts receivable | 41 | €5,601 | €0 | -€5,601 | -100.0% |
| Current investments | 50/53 | €5,515 | €10,061 | +€4,546 | +82.4% |
| Cash at bank and in hand | 54/58 | €82,100 | €143,542 | +€61,442 | +74.8% |
| Deferred charges and accrued income | 490/1 | €1,357 | €2,108 | +€751 | +55.4% |
| Total equity and liabilities | 10/49 | €161,108 | €209,307 | +€48,199 | +29.9% |
| Equity | 10/15 | €138,461 | €187,984 | +€49,523 | +35.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €136,461 | €185,984 | +€49,523 | +36.3% |
| Distributable reserves | 133 | €136,461 | €185,984 | +€49,523 | +36.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,646 | €21,323 | -€1,324 | -5.8% |
| Amounts payable within one year | 42/48 | €22,646 | €21,323 | -€1,324 | -5.8% |
| Financial debts | 43 | €44 | €141 | +€97 | +224.0% |
| Credit institutions | 430/8 | €44 | €141 | +€97 | +224.0% |
| Trade debts | 44 | €3,280 | €2,750 | -€530 | -16.2% |
| Suppliers | 440/4 | €3,280 | €2,750 | -€530 | -16.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €17,309 | €17,519 | +€210 | +1.2% |
| Taxes | 450/3 | €15,644 | €17,519 | +€1,875 | +12.0% |
| Remuneration and social security | 454/9 | €1,665 | €0 | -€1,665 | -100.0% |
| Other amounts payable | 47/48 | €2,015 | €913 | -€1,101 | -54.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,610 | €13,148 | +€1,539 | +13.3% |
| Other operating charges | 640/8 | €503 | €538 | +€35 | +7.0% |
| Gross operating margin | 9900 | €22,051 | €83,095 | +€61,044 | +276.8% |
| Operating profit (loss) | 9901 | €9,938 | €69,409 | +€59,470 | +598.4% |
| Financial income | 75/76B | €0 | €163 | +€163 | |
| Recurring financial income | 75 | €0 | €163 | +€163 | |
| Financial charges | 65/66B | €67 | €241 | +€174 | +259.2% |
| Recurring financial charges | 65 | €67 | €241 | +€174 | +259.2% |
| Profit (loss) for the period before taxes | 9903 | €9,871 | €69,330 | +€59,458 | +602.3% |
| Income taxes | 67/77 | €3,156 | €19,307 | +€16,152 | +511.8% |
| Profit (loss) for the period | 9904 | €6,716 | €50,023 | +€43,307 | +644.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,716 | €50,023 | +€43,307 | +644.9% |
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 9 October 2026 via checked.be.