Energia: what changed
Two financial 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.
Energia
Largest movements
- Tangible fixed assets +€322,221
up €322,221 (+1,797%), from €17,927 to €340,148
of which Other tangible fixed assets: +€313,142
- Cash -€60,292
down €60,292 (-9.5%), from €635,613 to €575,321
mainly Investment in fixed assets (net) (-€329,380) and Receivables within one year (-€27,103)
- Profit (loss) carried forward +€321,000
up €321,000, from -€196,751 to €124,249
- Gross operating margin -€19,618
down €19,618 (-2.0%), from €990,154 to €970,536
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.
Derived cash bridge
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 | €2,777,814 | €3,080,090 | +€302,276 | +10.9% |
| Fixed assets | 21/28 | €25,076 | €347,297 | +€322,221 | +1,285% |
| Tangible fixed assets | 22/27 | €17,927 | €340,148 | +€322,221 | +1,797% |
| Plant, machinery and equipment | 23 | - | €16,162 | +€16,162 | |
| Furniture and vehicles | 24 | €17,851 | €10,768 | -€7,083 | -39.7% |
| Other tangible fixed assets | 26 | €76 | €313,218 | +€313,142 | +410,570% |
| Financial fixed assets | 28 | €7,149 | €7,149 | = | 0.0% |
| Current assets | 29/58 | €2,752,737 | €2,732,792 | -€19,945 | -0.7% |
| Amounts receivable within one year | 40/41 | €913,633 | €940,736 | +€27,103 | +3.0% |
| Trade receivables | 40 | €881,751 | €759,913 | -€121,838 | -13.8% |
| Other amounts receivable | 41 | €31,881 | €180,822 | +€148,941 | +467% |
| Current investments | 50/53 | €1,201,763 | €1,201,763 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €635,613 | €575,321 | -€60,292 | -9.5% |
| Deferred charges and accrued income | 490/1 | €1,729 | €14,973 | +€13,244 | +766% |
| Total equity and liabilities | 10/49 | €2,777,814 | €3,080,090 | +€302,276 | +10.9% |
| Equity | 10/15 | €2,193,873 | €2,514,873 | +€321,000 | +14.6% |
| Contributions | 10/11 | €1,213,242 | €1,213,242 | = | 0.0% |
| Capital | 10 | €1,213,242 | €1,213,242 | = | 0.0% |
| Reserves | 13 | €1,177,382 | €1,177,382 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€196,751 | €124,249 | +€321,000 | |
| Amounts payable | 17/49 | €583,941 | €565,217 | -€18,724 | -3.2% |
| Amounts payable within one year | 42/48 | €575,481 | €554,158 | -€21,323 | -3.7% |
| Trade debts | 44 | €511,880 | €491,319 | -€20,561 | -4.0% |
| Suppliers | 440/4 | €511,880 | €491,319 | -€20,561 | -4.0% |
| Taxes, remuneration and social security | 45 | €63,601 | €62,839 | -€762 | -1.2% |
| Taxes | 450/3 | €917 | €495 | -€422 | -46.0% |
| Remuneration and social security | 454/9 | €62,684 | €62,344 | -€340 | -0.5% |
| Accrued charges and deferred income | 492/3 | €8,459 | €11,059 | +€2,599 | +30.7% |
| Remuneration, social security and pensions | 62 | €649,881 | €654,085 | +€4,204 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,952 | €7,159 | +€207 | +3.0% |
| Other operating charges | 640/8 | - | €1,963 | +€1,963 | |
| Gross operating margin | 9900 | €990,154 | €970,536 | -€19,618 | -2.0% |
| Operating profit (loss) | 9901 | €333,321 | €307,328 | -€25,992 | -7.8% |
| Financial income | 75/76B | €23,682 | €20,825 | -€2,857 | -12.1% |
| Recurring financial income | 75 | €23,682 | €20,825 | -€2,857 | -12.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €4,219 | €6,658 | +€2,439 | +57.8% |
| Recurring financial charges | 65 | €4,219 | €6,658 | +€2,439 | +57.8% |
| Profit (loss) for the period before taxes | 9903 | €352,784 | €321,495 | -€31,288 | -8.9% |
| Income taxes | 67/77 | €500 | €495 | -€5 | -1.0% |
| Profit (loss) for the period | 9904 | €352,284 | €321,000 | -€31,283 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €352,284 | €321,000 | -€31,283 | -8.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.