ENERGIE CONSTRUCT: 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.
ENERGIE CONSTRUCT
Largest movements
- Tangible fixed assets +€106,086
up €106,086 (+27.6%), from €384,869 to €490,955
of which Land and buildings: +€89,262
- Receivables within one year +€23,811
up €23,811 (+228.7%), from €10,413 to €34,224
of which Trade receivables: +€26,491
- Debts after one year +€69,102
up €69,102 (+27.3%), from €253,007 to €322,109
- Other debts +€34,753
up €34,753 (+47.1%), from €73,809 to €108,562
- Trade debts +€24,845
up €24,845 (+474.5%), from €5,236 to €30,081
of which Bills of exchange payable: +€26,300
- Gross operating margin +€18,746
up €18,746 (+39.6%), from €47,364 to €66,110
- Depreciation +€14,313
up €14,313 (+52.5%), from €27,247 to €41,560
- Staff costs -€6,519
down €6,519 (-98.9%), from €6,593 to €74
- Financial charges +€1,647
up €1,647 (+14.0%), from €11,770 to €13,417
- Other operating charges +€1,193
up €1,193 (+9.3%), from €12,822 to €14,015
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 | €420,730 | €555,353 | +€134,623 | +32.0% |
| Fixed assets | 21/28 | €384,869 | €490,955 | +€106,086 | +27.6% |
| Tangible fixed assets | 22/27 | €384,869 | €490,955 | +€106,086 | +27.6% |
| Land and buildings | 22 | €373,573 | €462,835 | +€89,262 | +23.9% |
| Plant, machinery and equipment | 23 | €9,955 | €8,087 | -€1,868 | -18.8% |
| Furniture and vehicles | 24 | €1,341 | €20,033 | +€18,692 | +1393.9% |
| Current assets | 29/58 | €35,861 | €64,398 | +€28,537 | +79.6% |
| Amounts receivable within one year | 40/41 | €10,413 | €34,224 | +€23,811 | +228.7% |
| Trade receivables | 40 | €7,578 | €34,069 | +€26,491 | +349.6% |
| Other amounts receivable | 41 | €2,835 | €155 | -€2,680 | -94.5% |
| Cash at bank and in hand | 54/58 | €23,089 | €25,125 | +€2,036 | +8.8% |
| Deferred charges and accrued income | 490/1 | €2,359 | €5,049 | +€2,690 | +114.0% |
| Total equity and liabilities | 10/49 | €420,730 | €555,353 | +€134,623 | +32.0% |
| Equity | 10/15 | €75,021 | €72,528 | -€2,493 | -3.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,561 | €52,068 | -€2,493 | -4.6% |
| Amounts payable | 17/49 | €345,709 | €482,825 | +€137,116 | +39.7% |
| Amounts payable after more than one year | 17 | €253,007 | €322,109 | +€69,102 | +27.3% |
| Financial debts | 170/4 | €253,007 | €322,109 | +€69,102 | +27.3% |
| Amounts payable within one year | 42/48 | €92,702 | €156,386 | +€63,684 | +68.7% |
| Current portion of amounts payable after more than one year | 42 | €13,657 | €17,359 | +€3,702 | +27.1% |
| Trade debts | 44 | €5,236 | €30,081 | +€24,845 | +474.5% |
| Suppliers | 440/4 | €5,236 | €3,781 | -€1,455 | -27.8% |
| Bills of exchange payable | 441 | - | €26,300 | +€26,300 | |
| Taxes, remuneration and social security | 45 | - | €384 | +€384 | |
| Taxes | 450/3 | - | €384 | +€384 | |
| Other amounts payable | 47/48 | €73,809 | €108,562 | +€34,753 | +47.1% |
| Accrued charges and deferred income | 492/3 | - | €4,330 | +€4,330 | |
| Remuneration, social security and pensions | 62 | €6,593 | €74 | -€6,519 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,247 | €41,560 | +€14,313 | +52.5% |
| Other operating charges | 640/8 | €12,822 | €14,015 | +€1,193 | +9.3% |
| Gross operating margin | 9900 | €47,364 | €66,110 | +€18,746 | +39.6% |
| Operating profit (loss) | 9901 | €702 | €10,461 | +€9,759 | +1390.2% |
| Financial income | 75/76B | €248 | €463 | +€215 | +86.7% |
| Recurring financial income | 75 | €248 | €44 | -€204 | -82.3% |
| Non-recurring financial income | 76B | - | €419 | +€419 | |
| Financial charges | 65/66B | €11,770 | €13,417 | +€1,647 | +14.0% |
| Recurring financial charges | 65 | €11,770 | €13,417 | +€1,647 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,820 | -€2,493 | +€8,327 | +77.0% |
| Profit (loss) for the period | 9904 | -€10,820 | -€2,493 | +€8,327 | +77.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,820 | -€2,493 | +€8,327 | +77.0% |
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 8 October 2026 via checked.be.