BIO-ENERGY: what changed
What changed
BIO-ENERGY
NACE 35.110, Production of electricity from non-renewable sources
filed annual accounts (NBB)
Net result for the year
€973,548
2024 · €949,100+€24,448
Equity
€17.5m
2024 · €16.6m+€973,548
Cash
€4,719
2024 · €4,546+€173
Balance sheet total
€20.1m
2024 · €20.2m-€124,402
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Trade debts -€1.6m
down €1.6m (-44.9%), from €3.6m to €2.0m
- Reserves +€973,548
up €973,548 (+8.8%), from €11.0m to €12.0m
of which Distributable reserves: +€973,548
- Accrued charges and deferred income +€522,443
up €522,443 (+2,286%), from €22,858 to €545,301
Income statement
- Turnover -€1.1m
down €1.1m (-37.5%), from €2.8m to €1.8m
- Depreciation -€726,496
down €726,496 (-80.0%), from €907,754 to €181,258
- Financial income -€471,933
down €471,933 (-62.7%), from €752,631 to €280,699
- Services and other goods -€362,931
down €362,931 (-22.5%), from €1.6m to €1.3m
- Taxes -€289,365
down €289,365 (-100%), from €289,365 to €0
of which Taxes: -€373,439
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.
Result 2024
€949,100
Turnover
-€1.1m
Other operating income
+€72,161
Services and other goods
+€362,931
Depreciation
+€726,496
Other operating charges
-€24
Other operating items
+€80,000
Financial income
-€471,933
Financial charges
+€23,524
Taxes
+€289,365
Result 2025
€973,548
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€173
Investment
€0
Financing
€0
Cash 2024
€4,546
From operations (derived)
+€173
Net result for the year
+€973,548
Depreciation
+€181,258
Receivables within one year
+€75,049
Deferred charges and accrued income
-€131,732
Trade debts
-€1.6m
Tax, wage and social debts
-€9,251
Accrued charges and deferred income
+€522,443
Cash 2025
€4,719
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,218,386 | €20,093,984 | -€124,402 | -0.6% |
| Fixed assets | 21/28 | €840,264 | €659,006 | -€181,258 | -21.6% |
| Tangible fixed assets | 22/27 | €830,963 | €649,705 | -€181,258 | -21.8% |
| Plant, machinery and equipment | 23 | €830,963 | €649,705 | -€181,258 | -21.8% |
| Financial fixed assets | 28 | €9,301 | €9,301 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €9,301 | €9,301 | = | 0.0% |
| Participating interests | 282 | €9,301 | €9,301 | = | 0.0% |
| Current assets | 29/58 | €19,378,122 | €19,434,978 | +€56,855 | +0.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €19,216,229 | €19,141,180 | -€75,049 | -0.4% |
| Trade receivables | 40 | €5,001,780 | €4,119,413 | -€882,367 | -17.6% |
| Other amounts receivable | 41 | €14,214,449 | €15,021,767 | +€807,318 | +5.7% |
| Cash at bank and in hand | 54/58 | €4,546 | €4,719 | +€173 | +3.8% |
| Deferred charges and accrued income | 490/1 | €157,347 | €289,079 | +€131,732 | +83.7% |
| Total equity and liabilities | 10/49 | €20,218,386 | €20,093,984 | -€124,402 | -0.6% |
| Equity | 10/15 | €16,561,808 | €17,535,356 | +€973,548 | +5.9% |
| Contributions | 10/11 | €5,515,000 | €5,515,000 | = | 0.0% |
| Capital | 10 | €5,515,000 | €5,515,000 | = | 0.0% |
| Issued capital | 100 | €5,515,000 | €5,515,000 | = | 0.0% |
| Reserves | 13 | €11,046,808 | €12,020,356 | +€973,548 | +8.8% |
| Non-distributable reserves | 130/1 | €551,500 | €551,500 | = | 0.0% |
| Legal reserve | 130 | €551,500 | €551,500 | = | 0.0% |
| Distributable reserves | 133 | €10,495,308 | €11,468,856 | +€973,548 | +9.3% |
| Amounts payable | 17/49 | €3,656,578 | €2,558,628 | -€1.1m | -30.0% |
| Amounts payable within one year | 42/48 | €3,633,720 | €2,013,327 | -€1.6m | -44.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,588,932 | €1,977,789 | -€1.6m | -44.9% |
| Suppliers | 440/4 | €3,588,932 | €1,977,789 | -€1.6m | -44.9% |
| Taxes, remuneration and social security | 45 | €44,788 | €35,537 | -€9,251 | -20.7% |
| Taxes | 450/3 | €44,788 | €35,537 | -€9,251 | -20.7% |
| Accrued charges and deferred income | 492/3 | €22,858 | €545,301 | +€522,443 | +2,286% |
| Operating income | 70/76A | €3,119,416 | €2,133,505 | -€985,911 | -31.6% |
| Turnover | 70 | €2,823,673 | €1,765,602 | -€1.1m | -37.5% |
| Other operating income | 74 | €295,742 | €367,903 | +€72,161 | +24.4% |
| Operating charges | 60/66A | €2,605,155 | €1,435,752 | -€1.2m | -44.9% |
| Services and other goods | 61 | €1,616,205 | €1,253,274 | -€362,931 | -22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €907,754 | €181,258 | -€726,496 | -80.0% |
| Other operating charges | 640/8 | €1,196 | €1,220 | +€24 | +2.0% |
| Non-recurring operating charges | 66A | €80,000 | €0 | -€80,000 | -100% |
| Operating profit (loss) | 9901 | €514,261 | €697,753 | +€183,491 | +35.7% |
| Financial income | 75/76B | €752,631 | €280,699 | -€471,933 | -62.7% |
| Recurring financial income | 75 | €752,631 | €280,699 | -€471,933 | -62.7% |
| Income from financial fixed assets | 750 | €752,631 | €280,698 | -€471,933 | -62.7% |
| Other financial income | 752/9 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €28,428 | €4,904 | -€23,524 | -82.8% |
| Recurring financial charges | 65 | €28,428 | €4,904 | -€23,524 | -82.8% |
| Debt charges | 650 | €23,412 | €0 | -€23,412 | -100% |
| Other financial charges | 652/9 | €5,016 | €4,904 | -€112 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €1,238,465 | €973,548 | -€264,917 | -21.4% |
| Income taxes | 67/77 | €289,365 | €0 | -€289,365 | -100% |
| Taxes | 670/3 | €373,439 | €0 | -€373,439 | -100% |
| Tax adjustments and reversals of tax provisions | 77 | €84,075 | €0 | -€84,075 | -100% |
| Profit (loss) for the period | 9904 | €949,100 | €973,548 | +€24,448 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €949,100 | €973,548 | +€24,448 | +2.6% |
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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.