Bio&nergy: 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.
Bio&nergy
Largest movements
- Cash +€255,887
up €255,887 (+106%), from €241,083 to €496,971
mainly Net result for the year (+€442,255) and Depreciation (+€74,972)
- Receivables within one year +€68,569
up €68,569 (+40.9%), from €167,706 to €236,275
of which Trade receivables: +€83,511
- Tangible fixed assets -€53,030
down €53,030 (-2.8%), from €1.9m to €1.8m
of which Land and buildings: -€46,569
- Reserves +€442,255
up €442,255 (+38.9%), from €1.1m to €1.6m
of which Distributable reserves: +€442,255
- Debts after one year -€103,916
down €103,916 (-6.0%), from €1.7m to €1.6m
- Other debts -€81,975
down €81,975 (-24.8%), from €329,889 to €247,914
- Depreciation -€114,192
down €114,192 (-60.4%), from €189,164 to €74,972
- Gross operating margin +€52,925
up €52,925 (+24.7%), from €214,655 to €267,580
- Taxes +€13,786
up €13,786 (+3,436%), from €401 to €14,187
- Financial charges -€10,081
down €10,081 (-10.4%), from €97,033 to €86,952
- Other operating charges +€2,826
up €2,826 (+51.6%), from €5,475 to €8,301
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 | €3,439,010 | €3,709,682 | +€270,673 | +7.9% |
| Fixed assets | 21/28 | €3,014,445 | €2,961,414 | -€53,030 | -1.8% |
| Tangible fixed assets | 22/27 | €1,897,822 | €1,844,792 | -€53,030 | -2.8% |
| Land and buildings | 22 | €1,884,134 | €1,837,565 | -€46,569 | -2.5% |
| Furniture and vehicles | 24 | €13,688 | €7,226 | -€6,461 | -47.2% |
| Financial fixed assets | 28 | €1,116,623 | €1,116,623 | = | 0.0% |
| Current assets | 29/58 | €424,565 | €748,268 | +€323,703 | +76.2% |
| Amounts receivable after more than one year | 29 | €470 | €0 | -€470 | -100% |
| Other amounts receivable | 291 | €470 | €0 | -€470 | -100% |
| Amounts receivable within one year | 40/41 | €167,706 | €236,275 | +€68,569 | +40.9% |
| Trade receivables | 40 | €128,107 | €211,618 | +€83,511 | +65.2% |
| Other amounts receivable | 41 | €39,599 | €24,657 | -€14,942 | -37.7% |
| Cash at bank and in hand | 54/58 | €241,083 | €496,971 | +€255,887 | +106% |
| Deferred charges and accrued income | 490/1 | €15,306 | €15,023 | -€283 | -1.8% |
| Total equity and liabilities | 10/49 | €3,439,010 | €3,709,682 | +€270,673 | +7.9% |
| Equity | 10/15 | €1,145,184 | €1,587,439 | +€442,255 | +38.6% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €1,137,684 | €1,579,939 | +€442,255 | +38.9% |
| Tax-exempt reserves | 132 | €1,322 | €1,322 | = | 0.0% |
| Distributable reserves | 133 | €1,136,362 | €1,578,617 | +€442,255 | +38.9% |
| Provisions and deferred taxes | 16 | €24,500 | €24,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €24,500 | €24,500 | = | 0.0% |
| Pensions and similar obligations | 160 | €24,500 | €24,500 | = | 0.0% |
| Amounts payable | 17/49 | €2,269,326 | €2,097,744 | -€171,582 | -7.6% |
| Amounts payable after more than one year | 17 | €1,741,204 | €1,637,288 | -€103,916 | -6.0% |
| Financial debts | 170/4 | €1,741,204 | €1,637,288 | -€103,916 | -6.0% |
| Amounts payable within one year | 42/48 | €527,152 | €459,038 | -€68,114 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €106,177 | €107,811 | +€1,635 | +1.5% |
| Trade debts | 44 | €43,537 | €52,790 | +€9,253 | +21.3% |
| Suppliers | 440/4 | €43,537 | €52,790 | +€9,253 | +21.3% |
| Advances received on contracts in progress | 46 | €6,701 | €6,701 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €40,849 | €43,823 | +€2,973 | +7.3% |
| Taxes | 450/3 | €40,849 | €43,823 | +€2,973 | +7.3% |
| Other amounts payable | 47/48 | €329,889 | €247,914 | -€81,975 | -24.8% |
| Accrued charges and deferred income | 492/3 | €970 | €1,417 | +€448 | +46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,164 | €74,972 | -€114,192 | -60.4% |
| Other operating charges | 640/8 | €5,475 | €8,301 | +€2,826 | +51.6% |
| Gross operating margin | 9900 | €214,655 | €267,580 | +€52,925 | +24.7% |
| Operating profit (loss) | 9901 | €20,015 | €184,307 | +€164,291 | +821% |
| Financial income | 75/76B | €359,687 | €359,087 | -€599 | -0.2% |
| Recurring financial income | 75 | €359,687 | €359,087 | -€599 | -0.2% |
| Financial charges | 65/66B | €97,033 | €86,952 | -€10,081 | -10.4% |
| Recurring financial charges | 65 | €97,033 | €86,952 | -€10,081 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €282,669 | €456,442 | +€173,773 | +61.5% |
| Income taxes | 67/77 | €401 | €14,187 | +€13,786 | +3,436% |
| Profit (loss) for the period | 9904 | €282,268 | €442,255 | +€159,987 | +56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €282,268 | €442,255 | +€159,987 | +56.7% |
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 28 October 2026 via checked.be.