ENERGIE: 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.
ENERGIE
Largest movements
- Receivables within one year -€17,028
down €17,028 (-83.1%), from €20,492 to €3,464
- Cash -€16,864
down €16,864 (-55.0%), from €30,650 to €13,786
mainly Advances received (-€16,775) and Tax, wage and social debts (-€15,998)
- Tangible fixed assets -€6,337
down €6,337 (-1.1%), from €574,587 to €568,250
of which Furniture and vehicles: -€4,000
- Advances received -€16,775
down €16,775 (-40.2%), from €41,775 to €25,000
- Tax, wage and social debts -€15,998
down €15,998 (-70.2%), from €22,799 to €6,802
- Trade debts -€11,807
down €11,807 (-84.2%), from €14,015 to €2,207
- Accrued charges and deferred income -€9,399
no longer reported in 2025 (was €9,399)
- Current portion of long-term debt +€7,094
new in 2025: €7,094
- Gross operating margin -€19,926
down €19,926 (-41.7%), from €47,833 to €27,907
- Taxes -€3,377
down €3,377 (-49.5%), from €6,819 to €3,441
- Other operating charges -€1,228
down €1,228 (-47.2%), from €2,601 to €1,372
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 | €625,729 | €585,500 | -€40,229 | -6.4% |
| Fixed assets | 21/28 | €574,587 | €568,250 | -€6,337 | -1.1% |
| Tangible fixed assets | 22/27 | €574,587 | €568,250 | -€6,337 | -1.1% |
| Land and buildings | 22 | €535,807 | €535,807 | = | 0.0% |
| Plant, machinery and equipment | 23 | €25,323 | €23,591 | -€1,732 | -6.8% |
| Furniture and vehicles | 24 | €6,805 | €2,805 | -€4,000 | -58.8% |
| Other tangible fixed assets | 26 | €6,651 | €6,047 | -€605 | -9.1% |
| Current assets | 29/58 | €51,142 | €17,250 | -€33,892 | -66.3% |
| Amounts receivable within one year | 40/41 | €20,492 | €3,464 | -€17,028 | -83.1% |
| Other amounts receivable | 41 | €20,492 | €3,464 | -€17,028 | -83.1% |
| Cash at bank and in hand | 54/58 | €30,650 | €13,786 | -€16,864 | -55.0% |
| Total equity and liabilities | 10/49 | €625,729 | €585,500 | -€40,229 | -6.4% |
| Equity | 10/15 | €184,273 | €191,145 | +€6,872 | +3.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €26,804 | €26,804 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €20,604 | €20,604 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,469 | €102,341 | +€6,872 | +7.2% |
| Provisions and deferred taxes | 16 | €12,000 | €12,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €12,000 | €12,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €12,000 | €12,000 | = | 0.0% |
| Amounts payable | 17/49 | €429,457 | €382,355 | -€47,102 | -11.0% |
| Amounts payable within one year | 42/48 | €420,058 | €382,355 | -€37,702 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | - | €7,094 | +€7,094 | |
| Trade debts | 44 | €14,015 | €2,207 | -€11,807 | -84.2% |
| Suppliers | 440/4 | €14,015 | €2,207 | -€11,807 | -84.2% |
| Advances received on contracts in progress | 46 | €41,775 | €25,000 | -€16,775 | -40.2% |
| Taxes, remuneration and social security | 45 | €22,799 | €6,802 | -€15,998 | -70.2% |
| Taxes | 450/3 | €22,799 | €6,802 | -€15,998 | -70.2% |
| Other amounts payable | 47/48 | €341,469 | €341,253 | -€216 | -0.1% |
| Accrued charges and deferred income | 492/3 | €9,399 | - | -€9,399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,567 | €6,337 | -€230 | -3.5% |
| Other operating charges | 640/8 | €2,601 | €1,372 | -€1,228 | -47.2% |
| Gross operating margin | 9900 | €47,833 | €27,907 | -€19,926 | -41.7% |
| Operating profit (loss) | 9901 | €38,666 | €20,198 | -€18,468 | -47.8% |
| Financial charges | 65/66B | €9,852 | €9,885 | +€33 | +0.3% |
| Recurring financial charges | 65 | €9,852 | €9,885 | +€33 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €28,814 | €10,314 | -€18,500 | -64.2% |
| Income taxes | 67/77 | €6,819 | €3,441 | -€3,377 | -49.5% |
| Profit (loss) for the period | 9904 | €21,995 | €6,872 | -€15,123 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,995 | €6,872 | -€15,123 | -68.8% |
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 15 October 2026 via checked.be.