AT ENERGITEC: what changed
AT ENERGITEC
Largest movements
- Receivables within one year +€48,612
up €48,612 (+200%), from €24,275 to €72,887
of which Other amounts receivable: +€36,648
- Cash +€17,823
up €17,823 (+340%), from €5,247 to €23,070
mainly Net result for the year (+€68,921) and Other debts (+€50,000)
- Deferred charges and accrued income +€17,063
up €17,063 (+7,099%), from €240 to €17,303
- Stocks and contracts +€10,000
new in 2025: €10,000
- Tangible fixed assets -€2,779
down €2,779 (-27.3%), from €10,187 to €7,408
- Other debts +€50,000
new in 2025: €50,000
- Profit (loss) carried forward +€18,921
up €18,921 (+136%), from €13,868 to €32,789
- Tax, wage and social debts +€15,942
up €15,942 (+672%), from €2,372 to €18,314
- Trade debts +€10,468
up €10,468 (+93.7%), from €11,168 to €21,635
- Advances received -€4,612
down €4,612 (-61.2%), from €7,541 to €2,929
- Gross operating margin +€103,892
up €103,892 (+8,717%), from €1,192 to €105,084
- Taxes +€18,184
up €18,184 (+13,960%), from €130 to €18,314
- Other operating charges -€7,445
down €7,445 (-63.0%), from €11,819 to €4,374
- Depreciation -€2,280
down €2,280 (-45.7%), from €4,989 to €2,709
- Financial charges +€1,398
up €1,398 (+33.2%), from €4,213 to €5,611
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,949 | €130,668 | +€90,719 | +227% |
| Fixed assets | 21/28 | €10,187 | €7,408 | -€2,779 | -27.3% |
| Tangible fixed assets | 22/27 | €10,187 | €7,408 | -€2,779 | -27.3% |
| Furniture and vehicles | 24 | €10,187 | €7,408 | -€2,779 | -27.3% |
| Current assets | 29/58 | €29,762 | €123,260 | +€93,498 | +314% |
| Stocks and contracts in progress | 3 | - | €10,000 | +€10,000 | |
| Stocks | 30/36 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €24,275 | €72,887 | +€48,612 | +200% |
| Trade receivables | 40 | €12,629 | €24,593 | +€11,964 | +94.7% |
| Other amounts receivable | 41 | €11,646 | €48,294 | +€36,648 | +315% |
| Cash at bank and in hand | 54/58 | €5,247 | €23,070 | +€17,823 | +340% |
| Deferred charges and accrued income | 490/1 | €240 | €17,303 | +€17,063 | +7,099% |
| Total equity and liabilities | 10/49 | €39,949 | €130,668 | +€90,719 | +227% |
| Equity | 10/15 | €18,868 | €37,789 | +€18,921 | +100% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,868 | €32,789 | +€18,921 | +136% |
| Amounts payable | 17/49 | €21,081 | €92,879 | +€71,798 | +341% |
| Amounts payable within one year | 42/48 | €21,081 | €92,879 | +€71,798 | +341% |
| Trade debts | 44 | €11,168 | €21,635 | +€10,468 | +93.7% |
| Suppliers | 440/4 | €11,168 | €21,635 | +€10,468 | +93.7% |
| Advances received on contracts in progress | 46 | €7,541 | €2,929 | -€4,612 | -61.2% |
| Taxes, remuneration and social security | 45 | €2,372 | €18,314 | +€15,942 | +672% |
| Taxes | 450/3 | €2,372 | €18,314 | +€15,942 | +672% |
| Other amounts payable | 47/48 | - | €50,000 | +€50,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,989 | €2,709 | -€2,280 | -45.7% |
| Other operating charges | 640/8 | €11,819 | €4,374 | -€7,445 | -63.0% |
| Non-recurring operating charges | 66A | - | €6,738 | +€6,738 | |
| Gross operating margin | 9900 | €1,192 | €105,084 | +€103,892 | +8,717% |
| Operating profit (loss) | 9901 | -€15,616 | €91,263 | +€106,878 | |
| Financial income | 75/76B | €226 | €1,584 | +€1,358 | +602% |
| Recurring financial income | 75 | €226 | €1,584 | +€1,358 | +602% |
| Financial charges | 65/66B | €4,213 | €5,611 | +€1,398 | +33.2% |
| Recurring financial charges | 65 | €4,213 | €5,611 | +€1,398 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,603 | €87,235 | +€106,839 | |
| Income taxes | 67/77 | €130 | €18,314 | +€18,184 | +13,960% |
| Profit (loss) for the period | 9904 | -€19,734 | €68,921 | +€88,654 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,734 | €68,921 | +€88,654 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.