CFEnergimmo: 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.
CFEnergimmo
Largest movements
- Receivables within one year -€36,591
down €36,591 (-30.1%), from €121,475 to €84,884
of which Trade receivables: -€33,537
- Deferred charges and accrued income +€17,888
up €17,888 (+476.2%), from €3,757 to €21,645
- Tangible fixed assets -€12,941
down €12,941 (-15.8%), from €81,917 to €68,975
of which Furniture and vehicles: -€19,319
- Cash +€8,520
up €8,520 (+6.6%), from €128,616 to €137,136
mainly Receivables within one year (+€36,591) and Other debts (+€35,195)
- Tax, wage and social debts -€36,022
down €36,022 (-96.7%), from €37,237 to €1,215
- Other debts +€35,195
up €35,195 (+260.7%), from €13,500 to €48,695
- Reserves -€16,700
down €16,700 (-6.3%), from €263,100 to €246,400
- Debts after one year -€5,174
down €5,174 (-49.1%), from €10,536 to €5,362
- Gross operating margin -€65,342
down €65,342 (-48.5%), from €134,706 to €69,364
- Taxes -€19,005
down €19,005 (-60.5%), from €31,413 to €12,408
- Depreciation +€5,634
up €5,634 (+34.4%), from €16,379 to €22,013
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.
Cash bridge derived
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 | €335,980 | €312,802 | -€23,178 | -6.9% |
| Fixed assets | 21/28 | €81,917 | €68,975 | -€12,941 | -15.8% |
| Tangible fixed assets | 22/27 | €81,917 | €68,975 | -€12,941 | -15.8% |
| Land and buildings | 22 | €6,489 | €13,074 | +€6,586 | +101.5% |
| Plant, machinery and equipment | 23 | €3,208 | €3,000 | -€208 | -6.5% |
| Furniture and vehicles | 24 | €72,220 | €52,902 | -€19,319 | -26.7% |
| Current assets | 29/58 | €254,063 | €243,827 | -€10,237 | -4.0% |
| Stocks and contracts in progress | 3 | €216 | €162 | -€54 | -25.0% |
| Stocks | 30/36 | €216 | €162 | -€54 | -25.0% |
| Amounts receivable within one year | 40/41 | €121,475 | €84,884 | -€36,591 | -30.1% |
| Trade receivables | 40 | €69,491 | €35,954 | -€33,537 | -48.3% |
| Other amounts receivable | 41 | €51,984 | €48,930 | -€3,054 | -5.9% |
| Cash at bank and in hand | 54/58 | €128,616 | €137,136 | +€8,520 | +6.6% |
| Deferred charges and accrued income | 490/1 | €3,757 | €21,645 | +€17,888 | +476.2% |
| Total equity and liabilities | 10/49 | €335,980 | €312,802 | -€23,178 | -6.9% |
| Equity | 10/15 | €264,283 | €247,575 | -€16,708 | -6.3% |
| Contributions | 10/11 | €1,100 | €1,100 | = | 0.0% |
| Reserves | 13 | €263,100 | €246,400 | -€16,700 | -6.3% |
| Distributable reserves | 133 | €263,100 | €246,400 | -€16,700 | -6.3% |
| Profit (loss) carried forward | 14 | €83 | €75 | -€8 | -9.9% |
| Amounts payable | 17/49 | €71,697 | €65,227 | -€6,470 | -9.0% |
| Amounts payable after more than one year | 17 | €10,536 | €5,362 | -€5,174 | -49.1% |
| Financial debts | 170/4 | €10,536 | €5,362 | -€5,174 | -49.1% |
| Amounts payable within one year | 42/48 | €57,155 | €56,115 | -€1,040 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €4,994 | €5,174 | +€181 | +3.6% |
| Trade debts | 44 | €1,424 | €1,031 | -€393 | -27.6% |
| Suppliers | 440/4 | €1,424 | €1,031 | -€393 | -27.6% |
| Taxes, remuneration and social security | 45 | €37,237 | €1,215 | -€36,022 | -96.7% |
| Taxes | 450/3 | €37,237 | €1,215 | -€36,022 | -96.7% |
| Other amounts payable | 47/48 | €13,500 | €48,695 | +€35,195 | +260.7% |
| Accrued charges and deferred income | 492/3 | €4,005 | €3,750 | -€255 | -6.4% |
| Non-recurring operating income | 76A | €4 | €236 | +€231 | +5632.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,379 | €22,013 | +€5,634 | +34.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€110 | €407 | +€517 | |
| Other operating charges | 640/8 | €2,193 | €2,767 | +€574 | +26.2% |
| Non-recurring operating charges | 66A | €7,463 | €3,557 | -€3,906 | -52.3% |
| Gross operating margin | 9900 | €134,706 | €69,364 | -€65,342 | -48.5% |
| Operating profit (loss) | 9901 | €108,780 | €40,620 | -€68,160 | -62.7% |
| Financial income | 75/76B | €643 | €795 | +€152 | +23.6% |
| Recurring financial income | 75 | €643 | €795 | +€152 | +23.6% |
| Financial charges | 65/66B | €860 | €715 | -€145 | -16.9% |
| Recurring financial charges | 65 | €860 | €715 | -€145 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €108,563 | €40,700 | -€67,863 | -62.5% |
| Income taxes | 67/77 | €31,413 | €12,408 | -€19,005 | -60.5% |
| Profit (loss) for the period | 9904 | €77,149 | €28,292 | -€48,858 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €77,149 | €28,292 | -€48,858 | -63.3% |
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 10 October 2026 via checked.be.