CNERGIE: what changed
Two fiscal 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.
CNERGIE
Largest movements
- Cash +€7,927
up €7,927 (+52.7%), from €15,051 to €22,979
mainly Advances received (+€4,961) and Receivables within one year (+€3,695)
- Receivables within one year -€3,695
down €3,695 (-22.5%), from €16,435 to €12,740
- Tangible fixed assets -€2,335
down €2,335 (-29.7%), from €7,865 to €5,530
of which Furniture and vehicles: -€1,941
- Advances received +€4,961
new in 2025: €4,961
- Profit (loss) carried forward -€1,869
down €1,869 (-278.9%), from -€670 to -€2,539
- Tax, wage and social debts -€651
down €651 (-9.2%), from €7,099 to €6,449
of which Taxes: -€651
- Trade debts -€619
down €619 (-69.8%), from €888 to €269
- Gross operating margin -€1,403
down €1,403 (-59.6%), from €2,355 to €953
- Taxes -€285
down €285 (-44.3%), from €643 to €358
- Depreciation +€41
up €41 (+1.8%), from €2,295 to €2,335
- Financial charges +€40
up €40 (+46.2%), from €87 to €128
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 | €39,635 | €41,507 | +€1,872 | +4.7% |
| Fixed assets | 21/28 | €7,865 | €5,530 | -€2,335 | -29.7% |
| Tangible fixed assets | 22/27 | €7,865 | €5,530 | -€2,335 | -29.7% |
| Plant, machinery and equipment | 23 | €1,511 | €1,117 | -€394 | -26.1% |
| Furniture and vehicles | 24 | €6,355 | €4,413 | -€1,941 | -30.5% |
| Current assets | 29/58 | €31,770 | €35,977 | +€4,207 | +13.2% |
| Amounts receivable within one year | 40/41 | €16,435 | €12,740 | -€3,695 | -22.5% |
| Trade receivables | 40 | €16,435 | €12,740 | -€3,695 | -22.5% |
| Cash at bank and in hand | 54/58 | €15,051 | €22,979 | +€7,927 | +52.7% |
| Deferred charges and accrued income | 490/1 | €283 | €259 | -€25 | -8.7% |
| Total equity and liabilities | 10/49 | €39,635 | €41,507 | +€1,872 | +4.7% |
| Equity | 10/15 | €1,830 | -€39 | -€1,869 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€670 | -€2,539 | -€1,869 | -278.9% |
| Amounts payable | 17/49 | €37,805 | €41,546 | +€3,741 | +9.9% |
| Amounts payable within one year | 42/48 | €37,805 | €41,546 | +€3,741 | +9.9% |
| Trade debts | 44 | €888 | €269 | -€619 | -69.8% |
| Suppliers | 440/4 | €888 | €269 | -€619 | -69.8% |
| Advances received on contracts in progress | 46 | - | €4,961 | +€4,961 | |
| Taxes, remuneration and social security | 45 | €7,099 | €6,449 | -€651 | -9.2% |
| Taxes | 450/3 | €5,168 | €4,518 | -€651 | -12.6% |
| Remuneration and social security | 454/9 | €1,931 | €1,931 | = | 0.0% |
| Other amounts payable | 47/48 | €29,818 | €29,868 | +€50 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,295 | €2,335 | +€41 | +1.8% |
| Gross operating margin | 9900 | €2,355 | €953 | -€1,403 | -59.6% |
| Operating profit (loss) | 9901 | €61 | -€1,383 | -€1,443 | |
| Financial charges | 65/66B | €87 | €128 | +€40 | +46.2% |
| Recurring financial charges | 65 | €87 | €128 | +€40 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | -€27 | -€1,510 | -€1,484 | -5529.7% |
| Income taxes | 67/77 | €643 | €358 | -€285 | -44.3% |
| Profit (loss) for the period | 9904 | -€670 | -€1,869 | -€1,199 | -178.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€670 | -€1,869 | -€1,199 | -178.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.