B-NRJ: 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.
B-NRJ
Largest movements
- Cash +€12,073
up €12,073 (+37.9%), from €31,857 to €43,930
mainly Debts after one year (+€200,000) and Net result for the year (+€67,858)
- Tangible fixed assets -€9,443
down €9,443 (-3.1%), from €302,737 to €293,295
of which Land and buildings: -€8,129
- Debts after one year +€200,000
up €200,000 (+500%), from €40,000 to €240,000
- Other debts -€104,805
down €104,805 (-82.0%), from €127,864 to €23,060
- Profit (loss) carried forward -€96,848
down €96,848 (-58.7%), from €164,887 to €68,039
- Accrued charges and deferred income +€6,546
up €6,546 (+731%), from €896 to €7,442
- Gross operating margin +€1,964
up €1,964 (+2.0%), from €99,326 to €101,290
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 | €347,999 | €353,190 | +€5,190 | +1.5% |
| Fixed assets | 21/28 | €302,737 | €293,295 | -€9,443 | -3.1% |
| Tangible fixed assets | 22/27 | €302,737 | €293,295 | -€9,443 | -3.1% |
| Land and buildings | 22 | €291,893 | €283,764 | -€8,129 | -2.8% |
| Other tangible fixed assets | 26 | €10,844 | €9,531 | -€1,314 | -12.1% |
| Current assets | 29/58 | €45,262 | €59,895 | +€14,633 | +32.3% |
| Amounts receivable within one year | 40/41 | €13,380 | €15,940 | +€2,560 | +19.1% |
| Trade receivables | 40 | €9,296 | €15,940 | +€6,644 | +71.5% |
| Other amounts receivable | 41 | €4,084 | - | -€4,084 | |
| Cash at bank and in hand | 54/58 | €31,857 | €43,930 | +€12,073 | +37.9% |
| Deferred charges and accrued income | 490/1 | €25 | €25 | = | 0.0% |
| Total equity and liabilities | 10/49 | €347,999 | €353,190 | +€5,190 | +1.5% |
| Equity | 10/15 | €166,387 | €69,539 | -€96,848 | -58.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,887 | €68,039 | -€96,848 | -58.7% |
| Amounts payable | 17/49 | €181,613 | €283,651 | +€102,038 | +56.2% |
| Amounts payable after more than one year | 17 | €40,000 | €240,000 | +€200,000 | +500% |
| Financial debts | 170/4 | €40,000 | €240,000 | +€200,000 | +500% |
| Amounts payable within one year | 42/48 | €140,717 | €36,209 | -€104,508 | -74.3% |
| Trade debts | 44 | €986 | €996 | +€10 | +1.0% |
| Suppliers | 440/4 | €986 | €996 | +€10 | +1.0% |
| Taxes, remuneration and social security | 45 | €11,866 | €12,153 | +€287 | +2.4% |
| Taxes | 450/3 | €11,866 | €12,153 | +€287 | +2.4% |
| Other amounts payable | 47/48 | €127,864 | €23,060 | -€104,805 | -82.0% |
| Accrued charges and deferred income | 492/3 | €896 | €7,442 | +€6,546 | +731% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,163 | €9,443 | +€280 | +3.1% |
| Other operating charges | 640/8 | €1,022 | €1,125 | +€102 | +10.0% |
| Gross operating margin | 9900 | €99,326 | €101,290 | +€1,964 | +2.0% |
| Operating profit (loss) | 9901 | €89,141 | €90,723 | +€1,582 | +1.8% |
| Financial income | 75/76B | €0 | €222 | +€222 | +55,493% |
| Recurring financial income | 75 | €0 | €222 | +€222 | +55,493% |
| Financial charges | 65/66B | €709 | €308 | -€401 | -56.6% |
| Recurring financial charges | 65 | €709 | €308 | -€401 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €88,432 | €90,637 | +€2,205 | +2.5% |
| Income taxes | 67/77 | €22,169 | €22,779 | +€610 | +2.8% |
| Profit (loss) for the period | 9904 | €66,263 | €67,858 | +€1,595 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €66,263 | €67,858 | +€1,595 | +2.4% |
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 14 October 2026 via checked.be.