ENERGETIQ: 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.
ENERGETIQ
Largest movements
- Cash +€221,059
up €221,059 (+98.7%), from €224,070 to €445,129
mainly Receivables within one year (+€204,391) and Net result for the year (+€99,037)
- Receivables within one year -€204,391
down €204,391 (-69.2%), from €295,392 to €91,000
of which Other amounts receivable: -€125,581
- Receivables after one year +€75,000
new in 2025: €75,000
- Tangible fixed assets -€44,335
down €44,335 (-11.2%), from €394,653 to €350,318
of which Land and buildings: -€34,495
- Reserves +€99,037
up €99,037 (+598.8%), from €16,540 to €115,577
of which Distributable reserves: +€99,037
- Other debts -€39,382
down €39,382 (-21.4%), from €183,848 to €144,466
- Tax, wage and social debts -€18,618
down €18,618 (-60.9%), from €30,579 to €11,961
- Trade debts +€10,977
up €10,977 (+346.5%), from €3,168 to €14,145
- Gross operating margin -€47,764
down €47,764 (-17.4%), from €273,883 to €226,119
- Taxes -€9,803
down €9,803 (-19.1%), from €51,368 to €41,565
- Other operating charges +€5,514
up €5,514 (+192.9%), from €2,858 to €8,373
- Financial charges +€5,256
up €5,256 (+46.0%), from €11,429 to €16,684
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 | €919,411 | €971,629 | +€52,219 | +5.7% |
| Fixed assets | 21/28 | €394,660 | €350,325 | -€44,335 | -11.2% |
| Tangible fixed assets | 22/27 | €394,653 | €350,318 | -€44,335 | -11.2% |
| Land and buildings | 22 | €350,011 | €315,516 | -€34,495 | -9.9% |
| Plant, machinery and equipment | 23 | €18,503 | €27,080 | +€8,578 | +46.4% |
| Furniture and vehicles | 24 | €26,139 | €7,721 | -€18,418 | -70.5% |
| Financial fixed assets | 28 | €7 | €7 | = | 0.0% |
| Current assets | 29/58 | €524,751 | €621,304 | +€96,554 | +18.4% |
| Amounts receivable after more than one year | 29 | - | €75,000 | +€75,000 | |
| Trade receivables | 290 | - | €75,000 | +€75,000 | |
| Amounts receivable within one year | 40/41 | €295,392 | €91,000 | -€204,391 | -69.2% |
| Trade receivables | 40 | €161,311 | €82,500 | -€78,810 | -48.9% |
| Other amounts receivable | 41 | €134,081 | €8,500 | -€125,581 | -93.7% |
| Cash at bank and in hand | 54/58 | €224,070 | €445,129 | +€221,059 | +98.7% |
| Deferred charges and accrued income | 490/1 | €5,289 | €10,175 | +€4,886 | +92.4% |
| Total equity and liabilities | 10/49 | €919,411 | €971,629 | +€52,219 | +5.7% |
| Equity | 10/15 | €673,667 | €772,704 | +€99,037 | +14.7% |
| Contributions | 10/11 | €159,200 | €159,200 | = | 0.0% |
| Reserves | 13 | €16,540 | €115,577 | +€99,037 | +598.8% |
| Non-distributable reserves | 130/1 | €16,540 | €16,540 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,540 | €16,540 | = | 0.0% |
| Distributable reserves | 133 | - | €99,037 | +€99,037 | |
| Profit (loss) carried forward | 14 | €497,927 | €497,927 | = | 0.0% |
| Provisions and deferred taxes | 16 | €16,562 | €16,562 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €16,562 | €16,562 | = | 0.0% |
| Pensions and similar obligations | 160 | €16,562 | €16,562 | = | 0.0% |
| Amounts payable | 17/49 | €229,182 | €182,364 | -€46,818 | -20.4% |
| Amounts payable within one year | 42/48 | €217,879 | €170,572 | -€47,307 | -21.7% |
| Financial debts | 43 | €284 | €0 | -€284 | -100.0% |
| Credit institutions | 430/8 | €284 | €0 | -€284 | -100.0% |
| Trade debts | 44 | €3,168 | €14,145 | +€10,977 | +346.5% |
| Suppliers | 440/4 | €3,168 | €14,145 | +€10,977 | +346.5% |
| Taxes, remuneration and social security | 45 | €30,579 | €11,961 | -€18,618 | -60.9% |
| Taxes | 450/3 | €30,579 | €11,961 | -€18,618 | -60.9% |
| Other amounts payable | 47/48 | €183,848 | €144,466 | -€39,382 | -21.4% |
| Accrued charges and deferred income | 492/3 | €11,303 | €11,792 | +€489 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,091 | €65,195 | +€1,104 | +1.7% |
| Other operating charges | 640/8 | €2,858 | €8,373 | +€5,514 | +192.9% |
| Gross operating margin | 9900 | €273,883 | €226,119 | -€47,764 | -17.4% |
| Operating profit (loss) | 9901 | €206,934 | €152,551 | -€54,382 | -26.3% |
| Financial income | 75/76B | €3,015 | €4,735 | +€1,720 | +57.0% |
| Recurring financial income | 75 | €3,015 | €4,735 | +€1,720 | +57.0% |
| Financial charges | 65/66B | €11,429 | €16,684 | +€5,256 | +46.0% |
| Recurring financial charges | 65 | €11,429 | €16,684 | +€5,256 | +46.0% |
| Profit (loss) for the period before taxes | 9903 | €198,520 | €140,602 | -€57,918 | -29.2% |
| Income taxes | 67/77 | €51,368 | €41,565 | -€9,803 | -19.1% |
| Profit (loss) for the period | 9904 | €147,152 | €99,037 | -€48,115 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €147,152 | €99,037 | -€48,115 | -32.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.