CenEnergy: what changed
What changed
CenEnergy
NACE 33.200, Installation of industrial machinery and equipment
filed annual accounts (NBB)
Net result for the year
-€299,599
2024 · €208,352-€507,951
Equity
€42,325
2024 · €341,925-€299,599
Cash
€471,770
2024 · €1.5m-€1.0m
Balance sheet total
€6.1m
2024 · €5.6m+€534,576
Largest movements
Assets
- Receivables within one year +€1.8m
up €1.8m (+106%), from €1.7m to €3.5m
of which Trade receivables: +€1.8m
- Cash -€1.0m
down €1.0m (-68.3%), from €1.5m to €471,770
mainly Receivables within one year (-€1.8m) and Debts after one year (-€1.0m)
- Deferred charges and accrued income -€161,484
down €161,484 (-60.7%), from €266,054 to €104,570
- Stocks and contracts -€122,300
down €122,300 (-8.1%), from €1.5m to €1.4m
Equity and liabilities
- Debts after one year -€1.0m
down €1.0m (-91.6%), from €1.1m to €93,802
- Current portion of long-term debt +€951,371
up €951,371 (+1,374%), from €69,242 to €1.0m
- Trade debts +€706,238
up €706,238 (+53.4%), from €1.3m to €2.0m
- Advances received +€486,352
up €486,352 (+130%), from €373,623 to €859,975
- Short-term financial debts -€300,000
down €300,000 (-16.7%), from €1.8m to €1.5m
Income statement
- Turnover -€2.1m
down €2.1m (-22.9%), from €9.2m to €7.1m
- Goods and materials -€1.9m
down €1.9m (-30.0%), from €6.3m to €4.4m
of which Purchases: -€1.6m
- Other operating income -€611,737
down €611,737 (-89.8%), from €681,402 to €69,665
- Staff costs -€214,288
down €214,288 (-15.2%), from €1.4m to €1.2m
- Other operating charges -€171,135
down €171,135 (-73.7%), from €232,325 to €61,191
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
€208,352
Turnover
-€2.1m
Other operating income
-€611,737
Goods and materials
+€1.9m
Services and other goods
+€46,448
Staff costs
+€214,288
Depreciation
-€1,760
Write-downs
-€31,132
Other operating charges
+€171,135
Other operating items
+€26,295
Financial income
-€157,658
Financial charges
+€74,788
Taxes
+€900
Result 2025
-€299,599
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
-€436,916
Investment
-€211,887
Financing
-€369,242
Cash 2024
€1.5m
From operations (derived)
-€436,916
Net result for the year
-€299,599
Depreciation
+€184,728
Stocks and contracts
+€122,300
Receivables within one year
-€1.8m
Deferred charges and accrued income
+€161,484
Trade debts
+€706,238
Tax, wage and social debts
-€10,598
Advances received
+€486,352
Accrued charges and deferred income
+€21,425
Investment (derived)
-€211,887
Investment in fixed assets (net)
-€261,887
Current investments
+€50,000
Financing
-€369,242
Debts after one year
-€1.0m
Current portion of long-term debt
+€951,371
Short-term financial debts
-€300,000
Cash 2025
€471,770
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,581,470 | €6,116,046 | +€534,576 | +9.6% |
| Fixed assets | 21/28 | €565,952 | €643,111 | +€77,159 | +13.6% |
| Intangible fixed assets | 21 | €439,530 | €495,012 | +€55,481 | +12.6% |
| Tangible fixed assets | 22/27 | €123,872 | €145,549 | +€21,677 | +17.5% |
| Plant, machinery and equipment | 23 | €7,983 | €4,613 | -€3,370 | -42.2% |
| Furniture and vehicles | 24 | €37,096 | €38,590 | +€1,494 | +4.0% |
| Other tangible fixed assets | 26 | €78,793 | €102,346 | +€23,553 | +29.9% |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Affiliated companies | 280/1 | €0 | - | = | |
| Participating interests | 280 | €0 | - | = | |
| Other financial fixed assets | 284/8 | €2,550 | €2,550 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €5,015,518 | €5,472,935 | +€457,417 | +9.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €1,502,852 | €1,380,552 | -€122,300 | -8.1% |
| Stocks | 30/36 | €1,502,852 | €1,380,552 | -€122,300 | -8.1% |
| Goods purchased for resale | 34 | €1,502,852 | €1,380,552 | -€122,300 | -8.1% |
| Amounts receivable within one year | 40/41 | €1,706,797 | €3,516,043 | +€1.8m | +106% |
| Trade receivables | 40 | €1,705,778 | €3,458,887 | +€1.8m | +103% |
| Other amounts receivable | 41 | €1,019 | €57,156 | +€56,136 | +5,507% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Other investments | 51/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €1,489,815 | €471,770 | -€1.0m | -68.3% |
| Deferred charges and accrued income | 490/1 | €266,054 | €104,570 | -€161,484 | -60.7% |
| Total equity and liabilities | 10/49 | €5,581,470 | €6,116,046 | +€534,576 | +9.6% |
| Equity | 10/15 | €341,925 | €42,325 | -€299,599 | -87.6% |
| Contributions | 10/11 | €2,230,000 | €2,230,000 | = | 0.0% |
| Capital | 10 | €2,230,000 | €2,230,000 | = | 0.0% |
| Issued capital | 100 | €2,230,000 | €2,230,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,888,075 | -€2,187,675 | -€299,599 | -15.9% |
| Amounts payable | 17/49 | €5,239,545 | €6,073,721 | +€834,175 | +15.9% |
| Amounts payable after more than one year | 17 | €1,114,415 | €93,802 | -€1.0m | -91.6% |
| Financial debts | 170/4 | €1,114,415 | €93,802 | -€1.0m | -91.6% |
| Subordinated loans | 170 | €948,701 | €0 | -€948,701 | -100% |
| Credit institutions | 173 | €165,714 | €93,802 | -€71,912 | -43.4% |
| Amounts payable within one year | 42/48 | €3,754,711 | €5,588,074 | +€1.8m | +48.8% |
| Current portion of amounts payable after more than one year | 42 | €69,242 | €1,020,613 | +€951,371 | +1,374% |
| Financial debts | 43 | €1,800,000 | €1,500,000 | -€300,000 | -16.7% |
| Credit institutions | 430/8 | €1,800,000 | €1,500,000 | -€300,000 | -16.7% |
| Trade debts | 44 | €1,323,341 | €2,029,580 | +€706,238 | +53.4% |
| Suppliers | 440/4 | €1,323,341 | €2,029,580 | +€706,238 | +53.4% |
| Advances received on contracts in progress | 46 | €373,623 | €859,975 | +€486,352 | +130% |
| Taxes, remuneration and social security | 45 | €188,505 | €177,907 | -€10,598 | -5.6% |
| Taxes | 450/3 | €56,475 | €44,374 | -€12,101 | -21.4% |
| Remuneration and social security | 454/9 | €132,030 | €133,533 | +€1,503 | +1.1% |
| Accrued charges and deferred income | 492/3 | €370,419 | €391,844 | +€21,425 | +5.8% |
| Operating income | 70/76A | €10,102,151 | €7,396,991 | -€2.7m | -26.8% |
| Turnover | 70 | €9,242,826 | €7,123,107 | -€2.1m | -22.9% |
| Own construction capitalised | 72 | €177,923 | €204,219 | +€26,295 | +14.8% |
| Other operating income | 74 | €681,402 | €69,665 | -€611,737 | -89.8% |
| Operating charges | 60/66A | €9,866,626 | €7,587,447 | -€2.3m | -23.1% |
| Goods for resale, raw materials and consumables | 60 | €6,269,212 | €4,389,012 | -€1.9m | -30.0% |
| Purchases | 600/8 | €5,863,849 | €4,297,844 | -€1.6m | -26.7% |
| Change in stocks: decrease (increase) | 609 | €405,363 | €91,168 | -€314,195 | -77.5% |
| Services and other goods | 61 | €1,770,921 | €1,724,472 | -€46,448 | -2.6% |
| Remuneration, social security and pensions | 62 | €1,411,200 | €1,196,912 | -€214,288 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182,969 | €184,728 | +€1,760 | +1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €31,132 | +€31,132 | |
| Other operating charges | 640/8 | €232,325 | €61,191 | -€171,135 | -73.7% |
| Operating profit (loss) | 9901 | €235,525 | -€190,456 | -€425,982 | |
| Financial income | 75/76B | €165,625 | €7,967 | -€157,658 | -95.2% |
| Recurring financial income | 75 | €165,625 | €7,967 | -€157,658 | -95.2% |
| Income from financial fixed assets | 750 | €155,892 | €1,121 | -€154,771 | -99.3% |
| Income from current assets | 751 | €6,193 | €0 | -€6,193 | -100% |
| Other financial income | 752/9 | €3,539 | €6,846 | +€3,306 | +93.4% |
| Financial charges | 65/66B | €189,568 | €114,780 | -€74,788 | -39.5% |
| Recurring financial charges | 65 | €189,568 | €114,780 | -€74,788 | -39.5% |
| Debt charges | 650 | €188,405 | €113,008 | -€75,397 | -40.0% |
| Other financial charges | 652/9 | €1,164 | €1,772 | +€608 | +52.3% |
| Profit (loss) for the period before taxes | 9903 | €211,582 | -€297,269 | -€508,851 | |
| Income taxes | 67/77 | €3,230 | €2,330 | -€900 | -27.9% |
| Taxes | 670/3 | €3,230 | €2,330 | -€900 | -27.9% |
| Profit (loss) for the period | 9904 | €208,352 | -€299,599 | -€507,951 | |
| Profit (loss) for the period to be appropriated | 9905 | €208,352 | -€299,599 | -€507,951 |
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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.