ENERGIEBEL: 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.
ENERGIEBEL
Largest movements
- Receivables within one year -€411,607
down €411,607 (-61.5%), from €668,936 to €257,329
of which Trade receivables: -€412,122
- Cash -€273,300
down €273,300 (-87.4%), from €312,658 to €39,357
mainly Trade debts (-€538,599) and Tax, wage and social debts (-€96,242)
- Tangible fixed assets +€72,499
up €72,499 (+181%), from €40,134 to €112,634
- Trade debts -€538,599
down €538,599 (-70.5%), from €764,010 to €225,410
- Tax, wage and social debts -€96,242
no longer reported in 2024 (was €96,242)
- Other debts +€51,549
new in 2024: €51,549
- Profit (loss) carried forward -€30,930
down €30,930 (-17.6%), from €175,807 to €144,878
- Gross operating margin -€179,926
down €179,926, from €164,121 to -€15,804
- Taxes -€42,344
down €42,344, from €42,011 to -€333
- Depreciation +€2,726
up €2,726 (+25.3%), from €10,775 to €13,501
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,044,119 | €429,898 | -€614,222 | -58.8% |
| Fixed assets | 21/28 | €40,434 | €112,934 | +€72,499 | +179% |
| Tangible fixed assets | 22/27 | €40,134 | €112,634 | +€72,499 | +181% |
| Furniture and vehicles | 24 | €40,134 | €112,634 | +€72,499 | +181% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €1,003,685 | €316,964 | -€686,721 | -68.4% |
| Stocks and contracts in progress | 3 | €20,447 | €18,333 | -€2,114 | -10.3% |
| Stocks | 30/36 | €20,447 | €18,333 | -€2,114 | -10.3% |
| Amounts receivable within one year | 40/41 | €668,936 | €257,329 | -€411,607 | -61.5% |
| Trade receivables | 40 | €668,715 | €256,593 | -€412,122 | -61.6% |
| Other amounts receivable | 41 | €220 | €736 | +€516 | +234% |
| Cash at bank and in hand | 54/58 | €312,658 | €39,357 | -€273,300 | -87.4% |
| Deferred charges and accrued income | 490/1 | €1,645 | €1,945 | +€300 | +18.3% |
| Total equity and liabilities | 10/49 | €1,044,119 | €429,898 | -€614,222 | -58.8% |
| Equity | 10/15 | €183,867 | €152,938 | -€30,930 | -16.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,807 | €144,878 | -€30,930 | -17.6% |
| Amounts payable | 17/49 | €860,252 | €276,960 | -€583,292 | -67.8% |
| Amounts payable within one year | 42/48 | €860,252 | €276,960 | -€583,292 | -67.8% |
| Trade debts | 44 | €764,010 | €225,410 | -€538,599 | -70.5% |
| Suppliers | 440/4 | €764,010 | €225,410 | -€538,599 | -70.5% |
| Taxes, remuneration and social security | 45 | €96,242 | - | -€96,242 | |
| Taxes | 450/3 | €96,242 | - | -€96,242 | |
| Other amounts payable | 47/48 | - | €51,549 | +€51,549 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,775 | €13,501 | +€2,726 | +25.3% |
| Other operating charges | 640/8 | €2,423 | €1,722 | -€701 | -28.9% |
| Gross operating margin | 9900 | €164,121 | -€15,804 | -€179,926 | |
| Operating profit (loss) | 9901 | €150,923 | -€31,028 | -€181,951 | |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €788 | €235 | -€553 | -70.2% |
| Recurring financial charges | 65 | €788 | €235 | -€553 | -70.2% |
| Profit (loss) for the period before taxes | 9903 | €150,145 | -€31,262 | -€181,408 | |
| Income taxes | 67/77 | €42,011 | -€333 | -€42,344 | |
| Profit (loss) for the period | 9904 | €108,134 | -€30,930 | -€139,064 | |
| Profit (loss) for the period to be appropriated | 9905 | €108,134 | -€30,930 | -€139,064 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.