ENERCONSULT: 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.
ENERCONSULT
Largest movements
- Cash -€126,432
down €126,432 (-45.7%), from €276,527 to €150,095
mainly Current investments (-€118,200) and Contributions, distributions and other (-€14,000)
- Current investments +€118,200
new in 2025: €118,200
- Receivables within one year -€5,517
down €5,517 (-73.2%), from €7,534 to €2,017
of which Other amounts receivable: -€5,579
- Deferred charges and accrued income +€3,737
new in 2025: €3,737
- Tax, wage and social debts -€13,158
down €13,158 (-78.4%), from €16,785 to €3,627
- Other debts +€10,000
up €10,000 (+235.4%), from €4,247 to €14,247
- Reserves -€5,800
down €5,800 (-2.9%), from €196,750 to €190,950
of which Distributable reserves: -€5,800
- Gross operating margin -€18,015
down €18,015 (-57.5%), from €31,313 to €13,297
- Taxes -€5,434
down €5,434 (-56.9%), from €9,543 to €4,109
- Financial charges +€2,180
up €2,180 (+436020.0%), from €1 to €2,181
- Financial income -€1,575
down €1,575 (-44.8%), from €3,516 to €1,940
- Staff costs -€1,495
no longer reported in 2025 (was €1,495)
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 | €285,037 | €276,534 | -€8,503 | -3.0% |
| Fixed assets | 21/28 | €975 | €2,484 | +€1,509 | +154.7% |
| Tangible fixed assets | 22/27 | €975 | €2,484 | +€1,509 | +154.7% |
| Plant, machinery and equipment | 23 | €975 | €667 | -€308 | -31.6% |
| Furniture and vehicles | 24 | - | €1,817 | +€1,817 | |
| Current assets | 29/58 | €284,061 | €274,049 | -€10,012 | -3.5% |
| Amounts receivable within one year | 40/41 | €7,534 | €2,017 | -€5,517 | -73.2% |
| Trade receivables | 40 | €479 | €542 | +€63 | +13.1% |
| Other amounts receivable | 41 | €7,055 | €1,475 | -€5,579 | -79.1% |
| Current investments | 50/53 | - | €118,200 | +€118,200 | |
| Cash at bank and in hand | 54/58 | €276,527 | €150,095 | -€126,432 | -45.7% |
| Deferred charges and accrued income | 490/1 | - | €3,737 | +€3,737 | |
| Total equity and liabilities | 10/49 | €285,037 | €276,534 | -€8,503 | -3.0% |
| Equity | 10/15 | €260,839 | €255,079 | -€5,761 | -2.2% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €196,750 | €190,950 | -€5,800 | -2.9% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €190,500 | €184,700 | -€5,800 | -3.0% |
| Profit (loss) carried forward | 14 | €1,589 | €1,629 | +€39 | +2.5% |
| Amounts payable | 17/49 | €24,197 | €21,455 | -€2,742 | -11.3% |
| Amounts payable within one year | 42/48 | €24,197 | €21,455 | -€2,742 | -11.3% |
| Trade debts | 44 | €3,165 | €3,580 | +€416 | +13.1% |
| Suppliers | 440/4 | €3,165 | €3,580 | +€416 | +13.1% |
| Taxes, remuneration and social security | 45 | €16,785 | €3,627 | -€13,158 | -78.4% |
| Taxes | 450/3 | €16,785 | €3,627 | -€13,158 | -78.4% |
| Other amounts payable | 47/48 | €4,247 | €14,247 | +€10,000 | +235.4% |
| Remuneration, social security and pensions | 62 | €1,495 | - | -€1,495 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €556 | €650 | +€94 | +16.9% |
| Other operating charges | 640/8 | €543 | €58 | -€485 | -89.3% |
| Gross operating margin | 9900 | €31,313 | €13,297 | -€18,015 | -57.5% |
| Operating profit (loss) | 9901 | €28,718 | €12,589 | -€16,129 | -56.2% |
| Financial income | 75/76B | €3,516 | €1,940 | -€1,575 | -44.8% |
| Recurring financial income | 75 | €3,516 | €1,940 | -€1,575 | -44.8% |
| Financial charges | 65/66B | €1 | €2,181 | +€2,180 | +436020.0% |
| Recurring financial charges | 65 | €1 | €2,181 | +€2,180 | +436020.0% |
| Profit (loss) for the period before taxes | 9903 | €32,233 | €12,349 | -€19,885 | -61.7% |
| Income taxes | 67/77 | €9,543 | €4,109 | -€5,434 | -56.9% |
| Profit (loss) for the period | 9904 | €22,690 | €8,239 | -€14,451 | -63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,690 | €8,239 | -€14,451 | -63.7% |
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 2 October 2026 via checked.be.