Energetic: 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.
Energetic
Largest movements
- Cash +€323,429
up €323,429 (+57.2%), from €565,009 to €888,438
mainly Net result for the year (+€1.3m) and Depreciation (+€204,234)
- Receivables within one year -€142,516
down €142,516 (-7.2%), from €2.0m to €1.8m
of which Trade receivables: -€229,921
- Tangible fixed assets -€103,885
down €103,885 (-18.0%), from €576,066 to €472,181
of which Plant, machinery and equipment: -€95,700
- Reserves +€631,500
up €631,500 (+109.2%), from €578,350 to €1.2m
of which Tax-exempt reserves: +€631,500
- Accrued charges and deferred income -€493,882
down €493,882 (-97.3%), from €507,682 to €13,800
- Other debts -€350,000
down €350,000 (-100.0%), from €350,001 to €1
- Profit (loss) carried forward +€266,048
up €266,048 (+26.7%), from €997,730 to €1.3m
- Trade debts +€83,153
up €83,153 (+27.3%), from €304,570 to €387,723
- Gross operating margin +€1.1m
up €1.1m (+29.2%), from €3.7m to €4.8m
- Staff costs +€347,056
up €347,056 (+14.7%), from €2.4m to €2.7m
- Taxes +€215,566
up €215,566 (+76.5%), from €281,715 to €497,281
- Depreciation +€49,686
up €49,686 (+32.1%), from €154,548 to €204,234
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 | €3,201,775 | €3,279,518 | +€77,743 | +2.4% |
| Fixed assets | 21/28 | €577,066 | €473,181 | -€103,885 | -18.0% |
| Tangible fixed assets | 22/27 | €576,066 | €472,181 | -€103,885 | -18.0% |
| Land and buildings | 22 | €1,330 | €1,164 | -€166 | -12.5% |
| Plant, machinery and equipment | 23 | €564,794 | €469,094 | -€95,700 | -16.9% |
| Furniture and vehicles | 24 | €9,941 | €1,923 | -€8,019 | -80.7% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €2,624,709 | €2,806,337 | +€181,628 | +6.9% |
| Amounts receivable within one year | 40/41 | €1,988,348 | €1,845,832 | -€142,516 | -7.2% |
| Trade receivables | 40 | €1,668,267 | €1,438,346 | -€229,921 | -13.8% |
| Other amounts receivable | 41 | €320,082 | €407,487 | +€87,405 | +27.3% |
| Cash at bank and in hand | 54/58 | €565,009 | €888,438 | +€323,429 | +57.2% |
| Deferred charges and accrued income | 490/1 | €71,352 | €72,067 | +€715 | +1.0% |
| Total equity and liabilities | 10/49 | €3,201,775 | €3,279,518 | +€77,743 | +2.4% |
| Equity | 10/15 | €1,676,080 | €2,573,629 | +€897,548 | +53.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €578,350 | €1,209,850 | +€631,500 | +109.2% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €568,350 | €1,199,850 | +€631,500 | +111.1% |
| Profit (loss) carried forward | 14 | €997,730 | €1,263,779 | +€266,048 | +26.7% |
| Amounts payable | 17/49 | €1,525,695 | €705,890 | -€819,805 | -53.7% |
| Amounts payable after more than one year | 17 | €167,679 | €85,562 | -€82,117 | -49.0% |
| Financial debts | 170/4 | €167,679 | €85,562 | -€82,117 | -49.0% |
| Amounts payable within one year | 42/48 | €850,334 | €606,528 | -€243,806 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €78,811 | €82,117 | +€3,306 | +4.2% |
| Trade debts | 44 | €304,570 | €387,723 | +€83,153 | +27.3% |
| Suppliers | 440/4 | €304,570 | €387,723 | +€83,153 | +27.3% |
| Taxes, remuneration and social security | 45 | €116,952 | €136,687 | +€19,734 | +16.9% |
| Taxes | 450/3 | €50,286 | €19,833 | -€30,453 | -60.6% |
| Remuneration and social security | 454/9 | €66,666 | €116,853 | +€50,187 | +75.3% |
| Other amounts payable | 47/48 | €350,001 | €1 | -€350,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €507,682 | €13,800 | -€493,882 | -97.3% |
| Remuneration, social security and pensions | 62 | €2,356,883 | €2,703,939 | +€347,056 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,548 | €204,234 | +€49,686 | +32.1% |
| Other operating charges | 640/8 | €59,864 | €20,129 | -€39,735 | -66.4% |
| Gross operating margin | 9900 | €3,682,545 | €4,757,945 | +€1.1m | +29.2% |
| Operating profit (loss) | 9901 | €1,111,249 | €1,829,644 | +€718,394 | +64.6% |
| Financial income | 75/76B | €4,962 | €12,103 | +€7,141 | +143.9% |
| Recurring financial income | 75 | €4,962 | €12,103 | +€7,141 | +143.9% |
| Financial charges | 65/66B | €47,852 | €46,917 | -€935 | -2.0% |
| Recurring financial charges | 65 | €47,852 | €46,917 | -€935 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €1,068,360 | €1,794,830 | +€726,470 | +68.0% |
| Income taxes | 67/77 | €281,715 | €497,281 | +€215,566 | +76.5% |
| Profit (loss) for the period | 9904 | €786,645 | €1,297,548 | +€510,904 | +64.9% |
| Transfer to tax-exempt reserves | 689 | €336,800 | €631,500 | +€294,700 | +87.5% |
| Profit (loss) for the period to be appropriated | 9905 | €449,845 | €666,048 | +€216,204 | +48.1% |
Source: filed annual accounts (NBB), fiscal years ended 29 June 2024 and 29 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.