COUNT Energy Distribution: 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.
What changed
COUNT Energy Distribution
NACE 46.120, Wholesale trade
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€66,671
2023 · €74,874-€8,203
Equity
€4.1m
2023 · €4.1m+€66,671
Cash
€397,346
2023 · €602,480-€205,134
Balance sheet total
€36.5m
2023 · €20.4m+€16.0m
Largest movements
Assets
- Receivables within one year +€16.2m
up €16.2m (+142.5%), from €11.4m to €27.6m
of which Trade receivables: +€18.2m
Equity and liabilities
- Trade debts +€12.2m
up €12.2m (+523.2%), from €2.3m to €14.5m
- Short-term financial debts +€10.1m
up €10.1m (+294.6%), from €3.4m to €13.5m
- Other debts -€5.0m
down €5.0m (-79.4%), from €6.3m to €1.3m
- Tax, wage and social debts -€1.3m
down €1.3m (-89.3%), from €1.4m to €154,010
Income statement
- Turnover +€17.3m
up €17.3m (+19.2%), from €90.1m to €107.4m
- Goods and materials +€14.9m
up €14.9m (+17.4%), from €85.3m to €100.1m
of which Purchases: +€12.7m
- Services and other goods +€2.5m
up €2.5m (+58.8%), from €4.2m to €6.6m
From the 2023 result to the 2024 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.
Result 2023
€74,874
Turnover
+€17.3m
Goods and materials
-€14.9m
Services and other goods
-€2.5m
Depreciation
-€33,314
Other operating charges
-€39,065
Financial income
+€253,833
Financial charges
-€159,889
Taxes
-€8,329
Result 2024
€66,671
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€10.1m
Investment
-€159,908
Financing
+€10.1m
Cash 2023
€602,480
From operations (derived)
-€10.1m
Net result for the year
+€66,671
Depreciation
+€33,314
Stocks and contracts
+€123,019
Receivables within one year
-€16.2m
Smaller working-capital items
-€9,030
Trade debts
+€12.2m
Tax, wage and social debts
-€1.3m
Other debts
-€5.0m
Investment (derived)
-€159,908
Investment in fixed assets (net)
-€159,908
Financing
+€10.1m
Short-term financial debts
+€10.1m
Cash 2024
€397,346
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,445,125 | €36,462,386 | +€16.0m | +78.3% |
| Fixed assets | 21/28 | €5,928,926 | €6,055,520 | +€126,594 | +2.1% |
| Tangible fixed assets | 22/27 | - | €126,594 | +€126,594 | |
| Furniture and vehicles | 24 | - | €126,594 | +€126,594 | |
| Financial fixed assets | 28 | €5,928,926 | €5,928,926 | = | 0.0% |
| Affiliated companies | 280/1 | €5,928,926 | €5,928,926 | = | 0.0% |
| Participating interests | 280 | €5,928,926 | €5,928,926 | = | 0.0% |
| Current assets | 29/58 | €14,516,200 | €30,406,867 | +€15.9m | +109.5% |
| Stocks and contracts in progress | 3 | €2,537,125 | €2,414,106 | -€123,019 | -4.8% |
| Stocks | 30/36 | €2,537,125 | €2,414,106 | -€123,019 | -4.8% |
| Goods purchased for resale | 34 | €2,537,125 | €2,414,106 | -€123,019 | -4.8% |
| Amounts receivable within one year | 40/41 | €11,376,595 | €27,593,718 | +€16.2m | +142.5% |
| Trade receivables | 40 | €8,584,952 | €26,743,819 | +€18.2m | +211.5% |
| Other amounts receivable | 41 | €2,791,643 | €849,899 | -€1.9m | -69.6% |
| Cash at bank and in hand | 54/58 | €602,480 | €397,346 | -€205,134 | -34.0% |
| Deferred charges and accrued income | 490/1 | - | €1,697 | +€1,697 | |
| Total equity and liabilities | 10/49 | €20,445,125 | €36,462,386 | +€16.0m | +78.3% |
| Equity | 10/15 | €4,068,071 | €4,134,742 | +€66,671 | +1.6% |
| Contributions | 10/11 | €3,606,271 | €3,606,271 | = | 0.0% |
| Reserves | 13 | €461,800 | €528,471 | +€66,671 | +14.4% |
| Distributable reserves | 133 | €461,800 | €528,471 | +€66,671 | +14.4% |
| Amounts payable | 17/49 | €16,377,055 | €32,327,644 | +€16.0m | +97.4% |
| Amounts payable after more than one year | 17 | €2,754,953 | €2,754,953 | = | 0.0% |
| Financial debts | 170/4 | €2,754,953 | €2,754,953 | = | 0.0% |
| Subordinated loans | 170 | €2,754,953 | €2,754,953 | = | 0.0% |
| Amounts payable within one year | 42/48 | €13,454,577 | €29,412,500 | +€16.0m | +118.6% |
| Financial debts | 43 | €3,417,589 | €13,485,175 | +€10.1m | +294.6% |
| Credit institutions | 430/8 | €3,417,589 | €13,485,175 | +€10.1m | +294.6% |
| Trade debts | 44 | €2,324,039 | €14,484,531 | +€12.2m | +523.2% |
| Suppliers | 440/4 | €2,324,039 | €14,484,531 | +€12.2m | +523.2% |
| Taxes, remuneration and social security | 45 | €1,442,851 | €154,010 | -€1.3m | -89.3% |
| Taxes | 450/3 | €1,442,851 | €154,010 | -€1.3m | -89.3% |
| Other amounts payable | 47/48 | €6,270,098 | €1,288,783 | -€5.0m | -79.4% |
| Accrued charges and deferred income | 492/3 | €167,525 | €160,192 | -€7,333 | -4.4% |
| Operating income | 70/76A | €90,068,930 | €107,369,410 | +€17.3m | +19.2% |
| Turnover | 70 | €90,068,930 | €107,369,410 | +€17.3m | +19.2% |
| Operating charges | 60/66A | €89,439,386 | €106,833,684 | +€17.4m | +19.4% |
| Goods for resale, raw materials and consumables | 60 | €85,256,301 | €100,126,447 | +€14.9m | +17.4% |
| Purchases | 600/8 | €87,350,823 | €100,003,429 | +€12.7m | +14.5% |
| Change in stocks: decrease (increase) | 609 | -€2,094,522 | €123,019 | +€2.2m | |
| Services and other goods | 61 | €4,171,219 | €6,622,992 | +€2.5m | +58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €33,314 | +€33,314 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €11,865 | €50,930 | +€39,065 | +329.2% |
| Operating profit (loss) | 9901 | €629,544 | €535,725 | -€93,818 | -14.9% |
| Financial income | 75/76B | €40,925 | €294,758 | +€253,833 | +620.2% |
| Recurring financial income | 75 | €40,925 | €294,758 | +€253,833 | +620.2% |
| Income from current assets | 751 | €40,925 | €5,800 | -€35,125 | -85.8% |
| Other financial income | 752/9 | €0 | €288,958 | +€288,958 | |
| Financial charges | 65/66B | €570,594 | €730,483 | +€159,889 | +28.0% |
| Recurring financial charges | 65 | €570,594 | €730,483 | +€159,889 | +28.0% |
| Other financial charges | 652/9 | €570,594 | €730,483 | +€159,889 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €99,874 | €100,000 | +€126 | +0.1% |
| Income taxes | 67/77 | €25,000 | €33,329 | +€8,329 | +33.3% |
| Taxes | 670/3 | €25,000 | €33,329 | +€8,329 | +33.3% |
| Profit (loss) for the period | 9904 | €74,874 | €66,671 | -€8,203 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €74,874 | €66,671 | -€8,203 | -11.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.