ANERGY: 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.
ANERGY
Largest movements
- Tangible fixed assets -€700,968
down €700,968 (-29.7%), from €2.4m to €1.7m
of which Land and buildings: -€642,248
- Cash +€351,320
up €351,320 (+97.4%), from €360,878 to €712,198
mainly Investment in fixed assets (net) (+€552,454) and Receivables within one year (+€166,964)
- Stocks and contracts +€292,230
new in 2025: €292,230
- Receivables within one year -€166,964
down €166,964 (-86.6%), from €192,689 to €25,726
of which Other amounts receivable: -€137,599
- Advances received -€304,979
down €304,979 (-99.7%), from €305,766 to €787
- Gross operating margin +€76,716
up €76,716 (+50.6%), from €151,658 to €228,374
- Taxes +€14,580
up €14,580 (+425%), from €3,430 to €18,011
- Depreciation +€7,113
up €7,113 (+5.0%), from €141,401 to €148,514
- Write-downs -€6,640
down €6,640 (-99.5%), from €6,677 to €37
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 | €2,918,849 | €2,697,295 | -€221,554 | -7.6% |
| Fixed assets | 21/28 | €2,362,232 | €1,661,264 | -€700,968 | -29.7% |
| Tangible fixed assets | 22/27 | €2,362,232 | €1,661,264 | -€700,968 | -29.7% |
| Land and buildings | 22 | €2,225,481 | €1,583,234 | -€642,248 | -28.9% |
| Furniture and vehicles | 24 | €136,751 | €78,031 | -€58,720 | -42.9% |
| Current assets | 29/58 | €556,617 | €1,036,031 | +€479,414 | +86.1% |
| Stocks and contracts in progress | 3 | - | €292,230 | +€292,230 | |
| Stocks | 30/36 | - | €292,230 | +€292,230 | |
| Amounts receivable within one year | 40/41 | €192,689 | €25,726 | -€166,964 | -86.6% |
| Trade receivables | 40 | €55,090 | €25,726 | -€29,364 | -53.3% |
| Other amounts receivable | 41 | €137,599 | €0 | -€137,599 | -100% |
| Cash at bank and in hand | 54/58 | €360,878 | €712,198 | +€351,320 | +97.4% |
| Deferred charges and accrued income | 490/1 | €3,050 | €5,877 | +€2,827 | +92.7% |
| Total equity and liabilities | 10/49 | €2,918,849 | €2,697,295 | -€221,554 | -7.6% |
| Equity | 10/15 | -€19,908 | €24,816 | +€44,724 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €19,816 | +€19,816 | |
| Distributable reserves | 133 | - | €19,816 | +€19,816 | |
| Profit (loss) carried forward | 14 | -€24,908 | €0 | +€24,908 | |
| Amounts payable | 17/49 | €2,938,757 | €2,672,479 | -€266,278 | -9.1% |
| Amounts payable after more than one year | 17 | €1,148,709 | €1,148,709 | = | 0.0% |
| Other amounts payable | 178/9 | €1,148,709 | €1,148,709 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,790,048 | €1,523,769 | -€266,278 | -14.9% |
| Trade debts | 44 | €2,396 | €10,380 | +€7,983 | +333% |
| Suppliers | 440/4 | €2,396 | €10,380 | +€7,983 | +333% |
| Advances received on contracts in progress | 46 | €305,766 | €787 | -€304,979 | -99.7% |
| Taxes, remuneration and social security | 45 | €8,663 | €33,297 | +€24,634 | +284% |
| Taxes | 450/3 | €7,921 | €33,297 | +€25,376 | +320% |
| Remuneration and social security | 454/9 | €742 | €0 | -€742 | -100% |
| Other amounts payable | 47/48 | €1,473,223 | €1,479,305 | +€6,083 | +0.4% |
| Non-recurring operating income | 76A | - | €97,501 | +€97,501 | |
| Remuneration, social security and pensions | 62 | €6,695 | €7,694 | +€999 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,401 | €148,514 | +€7,113 | +5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,677 | €37 | -€6,640 | -99.5% |
| Other operating charges | 640/8 | €7,418 | €9,202 | +€1,784 | +24.0% |
| Gross operating margin | 9900 | €151,658 | €228,374 | +€76,716 | +50.6% |
| Operating profit (loss) | 9901 | -€10,532 | €62,928 | +€73,460 | |
| Financial income | 75/76B | €0 | €163 | +€163 | +36,945% |
| Recurring financial income | 75 | €0 | €163 | +€163 | +36,945% |
| Financial charges | 65/66B | €378 | €356 | -€22 | -5.7% |
| Recurring financial charges | 65 | €378 | €356 | -€22 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,909 | €62,735 | +€73,644 | |
| Income taxes | 67/77 | €3,430 | €18,011 | +€14,580 | +425% |
| Profit (loss) for the period | 9904 | -€14,340 | €44,724 | +€59,064 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,340 | €44,724 | +€59,064 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.