AT 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.
AT ENERGY
Largest movements
- Cash +€19,979
up €19,979 (+153%), from €13,091 to €33,070
mainly Net result for the year (+€21,528) and Other debts (+€7,705)
- Receivables within one year +€5,797
up €5,797 (+51.1%), from €11,355 to €17,152
of which Other amounts receivable: +€3,157
- Tangible fixed assets +€1,430
up €1,430 (+1,299,600%), from €0 to €1,430
- Deferred charges and accrued income -€1,052
no longer reported in 2025 (was €1,052)
- Profit (loss) carried forward +€21,528
up €21,528 (+63.7%), from -€33,805 to -€12,277
- Other debts +€7,705
up €7,705 (+88.2%), from €8,741 to €16,446
- Trade debts -€4,568
down €4,568 (-49.2%), from €9,288 to €4,721
- Tax, wage and social debts +€1,488
new in 2025: €1,488
- Gross operating margin +€34,728
up €34,728, from -€11,546 to €23,181
- Staff costs -€2,829
down €2,829 (-86.5%), from €3,272 to €443
- Depreciation -€1,095
down €1,095 (-84.6%), from €1,294 to €199
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 | €25,498 | €51,652 | +€26,154 | +103% |
| Fixed assets | 21/28 | €0 | €1,430 | +€1,430 | +1,299,600% |
| Tangible fixed assets | 22/27 | €0 | €1,430 | +€1,430 | +1,299,600% |
| Plant, machinery and equipment | 23 | €0 | €1,430 | +€1,430 | +1,299,600% |
| Current assets | 29/58 | €25,498 | €50,222 | +€24,724 | +97.0% |
| Amounts receivable within one year | 40/41 | €11,355 | €17,152 | +€5,797 | +51.1% |
| Trade receivables | 40 | €9,638 | €12,279 | +€2,640 | +27.4% |
| Other amounts receivable | 41 | €1,716 | €4,873 | +€3,157 | +184% |
| Cash at bank and in hand | 54/58 | €13,091 | €33,070 | +€19,979 | +153% |
| Deferred charges and accrued income | 490/1 | €1,052 | - | -€1,052 | |
| Total equity and liabilities | 10/49 | €25,498 | €51,652 | +€26,154 | +103% |
| Equity | 10/15 | €7,469 | €28,997 | +€21,528 | +288% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €33,214 | €33,214 | = | 0.0% |
| Distributable reserves | 133 | €33,214 | €33,214 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,805 | -€12,277 | +€21,528 | +63.7% |
| Amounts payable | 17/49 | €18,029 | €22,655 | +€4,625 | +25.7% |
| Amounts payable within one year | 42/48 | €18,029 | €22,655 | +€4,625 | +25.7% |
| Trade debts | 44 | €9,288 | €4,721 | -€4,568 | -49.2% |
| Suppliers | 440/4 | €9,288 | €4,721 | -€4,568 | -49.2% |
| Taxes, remuneration and social security | 45 | - | €1,488 | +€1,488 | |
| Taxes | 450/3 | - | €1,488 | +€1,488 | |
| Other amounts payable | 47/48 | €8,741 | €16,446 | +€7,705 | +88.2% |
| Remuneration, social security and pensions | 62 | €3,272 | €443 | -€2,829 | -86.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,294 | €199 | -€1,095 | -84.6% |
| Other operating charges | 640/8 | €699 | €785 | +€85 | +12.2% |
| Gross operating margin | 9900 | -€11,546 | €23,181 | +€34,728 | |
| Operating profit (loss) | 9901 | -€16,812 | €21,754 | +€38,566 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €232 | €226 | -€6 | -2.5% |
| Recurring financial charges | 65 | €232 | €226 | -€6 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,043 | €21,528 | +€38,572 | |
| Profit (loss) for the period | 9904 | -€17,043 | €21,528 | +€38,572 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,043 | €21,528 | +€38,572 |
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 29 October 2026 via checked.be.