BUILD YOUR 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.
BUILD YOUR ENERGY
Largest movements
- Tangible fixed assets -€6,115
down €6,115 (-30.2%), from €20,231 to €14,115
- Receivables within one year +€4,193
up €4,193 (+61.0%), from €6,875 to €11,068
- Deferred charges and accrued income -€2,011
down €2,011 (-67.5%), from €2,980 to €969
- Cash -€1,670
down €1,670 (-8.3%), from €20,138 to €18,468
mainly Debts after one year (-€5,144) and Receivables within one year (-€4,193)
- Debts after one year -€5,144
down €5,144 (-39.8%), from €12,917 to €7,774
- Trade debts -€3,458
down €3,458 (-99.2%), from €3,487 to €29
- Reserves +€1,747
up €1,747 (+15.1%), from €11,533 to €13,279
- Accrued charges and deferred income +€880
new in 2026: €880
- Gross operating margin +€1,044
up €1,044 (+9.3%), from €11,210 to €12,255
- Taxes +€611
up €611 (+31.4%), from €1,948 to €2,559
- Depreciation -€253
down €253 (-4.0%), from €6,368 to €6,115
- Financial charges -€244
down €244 (-18.2%), from €1,342 to €1,098
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,224 | €44,621 | -€5,603 | -11.2% |
| Fixed assets | 21/28 | €20,231 | €14,115 | -€6,115 | -30.2% |
| Tangible fixed assets | 22/27 | €20,231 | €14,115 | -€6,115 | -30.2% |
| Furniture and vehicles | 24 | €20,231 | €14,115 | -€6,115 | -30.2% |
| Current assets | 29/58 | €29,993 | €30,505 | +€512 | +1.7% |
| Amounts receivable within one year | 40/41 | €6,875 | €11,068 | +€4,193 | +61.0% |
| Trade receivables | 40 | €6,875 | €11,068 | +€4,193 | +61.0% |
| Cash at bank and in hand | 54/58 | €20,138 | €18,468 | -€1,670 | -8.3% |
| Deferred charges and accrued income | 490/1 | €2,980 | €969 | -€2,011 | -67.5% |
| Total equity and liabilities | 10/49 | €50,224 | €44,621 | -€5,603 | -11.2% |
| Equity | 10/15 | €17,967 | €19,714 | +€1,747 | +9.7% |
| Contributions | 10/11 | €6,434 | €6,434 | = | 0.0% |
| Reserves | 13 | €11,533 | €13,279 | +€1,747 | +15.1% |
| Distributable reserves | 133 | €11,533 | €13,279 | +€1,747 | +15.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €32,257 | €24,907 | -€7,350 | -22.8% |
| Amounts payable after more than one year | 17 | €12,917 | €7,774 | -€5,144 | -39.8% |
| Financial debts | 170/4 | €12,917 | €7,774 | -€5,144 | -39.8% |
| Amounts payable within one year | 42/48 | €19,339 | €16,253 | -€3,087 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €4,876 | €5,144 | +€268 | +5.5% |
| Trade debts | 44 | €3,487 | €29 | -€3,458 | -99.2% |
| Suppliers | 440/4 | €3,487 | €29 | -€3,458 | -99.2% |
| Taxes, remuneration and social security | 45 | €6,648 | €6,761 | +€113 | +1.7% |
| Taxes | 450/3 | €6,648 | €6,761 | +€113 | +1.7% |
| Other amounts payable | 47/48 | €4,328 | €4,319 | -€9 | -0.2% |
| Accrued charges and deferred income | 492/3 | - | €880 | +€880 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,368 | €6,115 | -€253 | -4.0% |
| Other operating charges | 640/8 | €806 | €736 | -€70 | -8.7% |
| Gross operating margin | 9900 | €11,210 | €12,255 | +€1,044 | +9.3% |
| Operating profit (loss) | 9901 | €4,037 | €5,403 | +€1,367 | +33.9% |
| Financial charges | 65/66B | €1,342 | €1,098 | -€244 | -18.2% |
| Recurring financial charges | 65 | €1,342 | €1,098 | -€244 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €2,694 | €4,305 | +€1,611 | +59.8% |
| Income taxes | 67/77 | €1,948 | €2,559 | +€611 | +31.4% |
| Profit (loss) for the period | 9904 | €746 | €1,747 | +€1,000 | +134% |
| Profit (loss) for the period to be appropriated | 9905 | €746 | €1,747 | +€1,000 | +134% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.