ENERCON: 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.
ENERCON
Largest movements
- Financial fixed assets +€6.0m
new in 2024: €6.0m
- Current investments +€4.3m
up €4.3m (+20333.1%), from €21,333 to €4.4m
- Tangible fixed assets +€1.8m
up €1.8m (+18.8%), from €9.7m to €11.5m
of which Land and buildings: +€1.8m
- Revaluation surpluses +€5.9m
new in 2024: €5.9m
- Debts after one year +€5.5m
up €5.5m (+215.2%), from €2.6m to €8.1m
of which Financial debts: +€5.6m
- Profit (loss) carried forward +€472,518
up €472,518 (+612.3%), from €77,165 to €549,683
- Current portion of long-term debt +€254,929
up €254,929 (+509.9%), from €50,000 to €304,929
- Financial income +€1.5m
up €1.5m (+87768.3%), from €1,729 to €1.5m
- Gross operating margin -€604,526
down €604,526 (-79.4%), from €761,096 to €156,569
- Financial charges +€50,575
up €50,575 (+532.3%), from €9,500 to €60,075
- Staff costs +€41,866
up €41,866 (+338.8%), from €12,358 to €54,224
- Depreciation +€14,755
up €14,755 (+27.7%), from €53,219 to €67,973
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,276,403 | €22,420,469 | +€12.1m | +118.2% |
| Fixed assets | 21/28 | €9,653,084 | €17,503,964 | +€7.9m | +81.3% |
| Tangible fixed assets | 22/27 | €9,653,084 | €11,464,084 | +€1.8m | +18.8% |
| Land and buildings | 22 | €9,597,263 | €11,419,885 | +€1.8m | +19.0% |
| Plant, machinery and equipment | 23 | - | €1,750 | +€1,750 | |
| Furniture and vehicles | 24 | €55,822 | €42,450 | -€13,372 | -24.0% |
| Financial fixed assets | 28 | - | €6,039,880 | +€6.0m | |
| Current assets | 29/58 | €623,319 | €4,916,505 | +€4.3m | +688.8% |
| Amounts receivable within one year | 40/41 | €465,207 | €484,324 | +€19,117 | +4.1% |
| Trade receivables | 40 | €456,425 | €382,342 | -€74,083 | -16.2% |
| Other amounts receivable | 41 | €8,782 | €101,982 | +€93,200 | +1061.3% |
| Current investments | 50/53 | €21,333 | €4,359,032 | +€4.3m | +20333.1% |
| Cash at bank and in hand | 54/58 | €131,145 | €59,583 | -€71,562 | -54.6% |
| Deferred charges and accrued income | 490/1 | €5,634 | €13,566 | +€7,933 | +140.8% |
| Total equity and liabilities | 10/49 | €10,276,403 | €22,420,469 | +€12.1m | +118.2% |
| Equity | 10/15 | €7,397,570 | €13,809,968 | +€6.4m | +86.7% |
| Contributions | 10/11 | €7,318,550 | €7,318,550 | = | 0.0% |
| Revaluation surpluses | 12 | - | €5,939,880 | +€5.9m | |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,165 | €549,683 | +€472,518 | +612.3% |
| Amounts payable | 17/49 | €2,878,833 | €8,610,502 | +€5.7m | +199.1% |
| Amounts payable after more than one year | 17 | €2,560,667 | €8,071,427 | +€5.5m | +215.2% |
| Financial debts | 170/4 | €2,341,667 | €7,983,576 | +€5.6m | +240.9% |
| Other amounts payable | 178/9 | €219,000 | €87,851 | -€131,149 | -59.9% |
| Amounts payable within one year | 42/48 | €317,802 | €537,470 | +€219,668 | +69.1% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €304,929 | +€254,929 | +509.9% |
| Trade debts | 44 | €217,898 | €99,764 | -€118,134 | -54.2% |
| Suppliers | 440/4 | €217,898 | €99,764 | -€118,134 | -54.2% |
| Taxes, remuneration and social security | 45 | €49,904 | €32,777 | -€17,127 | -34.3% |
| Taxes | 450/3 | €46,685 | €30,769 | -€15,916 | -34.1% |
| Remuneration and social security | 454/9 | €3,220 | €2,008 | -€1,211 | -37.6% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | €365 | €1,605 | +€1,240 | +339.7% |
| Remuneration, social security and pensions | 62 | €12,358 | €54,224 | +€41,866 | +338.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,219 | €67,973 | +€14,755 | +27.7% |
| Other operating charges | 640/8 | €22,365 | €20,327 | -€2,038 | -9.1% |
| Gross operating margin | 9900 | €761,096 | €156,569 | -€604,526 | -79.4% |
| Operating profit (loss) | 9901 | €673,154 | €14,045 | -€659,109 | -97.9% |
| Financial income | 75/76B | €1,729 | €1,519,392 | +€1.5m | +87768.3% |
| Recurring financial income | 75 | €1,729 | €1,519,392 | +€1.5m | +87768.3% |
| Financial charges | 65/66B | €9,500 | €60,075 | +€50,575 | +532.3% |
| Recurring financial charges | 65 | €9,500 | €60,075 | +€50,575 | +532.3% |
| Profit (loss) for the period before taxes | 9903 | €665,382 | €1,473,362 | +€807,980 | +121.4% |
| Income taxes | 67/77 | €959 | €845 | -€114 | -11.9% |
| Profit (loss) for the period | 9904 | €664,424 | €1,472,518 | +€808,094 | +121.6% |
| Profit (loss) for the period to be appropriated | 9905 | €664,424 | €1,472,518 | +€808,094 | +121.6% |
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 1 October 2026 via checked.be.