EnergieCo: 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.
EnergieCo
Largest movements
- Cash +€32,056
up €32,056 (+476%), from €6,735 to €38,791
mainly Net result for the year (+€44,464) and Provisions (+€36,172)
- Tangible fixed assets +€27,509
up €27,509 (+7.2%), from €384,068 to €411,577
of which Land and buildings: +€16,277
- Receivables within one year +€9,851
up €9,851 (+158%), from €6,248 to €16,098
of which Trade receivables: +€12,043
- Profit (loss) carried forward +€44,464
up €44,464, from -€37,393 to €7,072
- Provisions +€36,172
up €36,172 (+79.8%), from €45,305 to €81,477
of which Provisions for liabilities and charges: +€37,850
- Current portion of long-term debt -€22,079
no longer reported in 2025 (was €22,079)
- Debts after one year -€13,221
no longer reported in 2025 (was €13,221)
- Short-term financial debts +€13,221
new in 2025: €13,221
- Turnover +€140,483
new in 2025: €140,483
- Gross operating margin +€44,322
up €44,322 (+81.1%), from €54,648 to €98,970
- Provisions +€37,850
new in 2025: €37,850
- Purchases and services +€24,625
up €24,625 (+146%), from €16,888 to €41,513
- Depreciation +€2,345
up €2,345 (+17.3%), from €13,525 to €15,870
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 | €457,317 | €526,733 | +€69,416 | +15.2% |
| Fixed assets | 21/28 | €384,068 | €411,577 | +€27,509 | +7.2% |
| Tangible fixed assets | 22/27 | €384,068 | €411,577 | +€27,509 | +7.2% |
| Land and buildings | 22 | €383,245 | €399,522 | +€16,277 | +4.2% |
| Plant, machinery and equipment | 23 | €3 | €4,204 | +€4,201 | +150,584% |
| Furniture and vehicles | 24 | €821 | - | -€821 | |
| Assets under construction and advance payments | 27 | - | €7,851 | +€7,851 | |
| Current assets | 29/58 | €73,249 | €115,156 | +€41,907 | +57.2% |
| Amounts receivable within one year | 40/41 | €6,248 | €16,098 | +€9,851 | +158% |
| Trade receivables | 40 | €4,055 | €16,098 | +€12,043 | +297% |
| Other amounts receivable | 41 | €2,193 | - | -€2,193 | |
| Current investments | 50/53 | €60,266 | €60,266 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,735 | €38,791 | +€32,056 | +476% |
| Total equity and liabilities | 10/49 | €457,317 | €526,733 | +€69,416 | +15.2% |
| Equity | 10/15 | €102,907 | €147,371 | +€44,464 | +43.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €121,700 | €121,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €119,840 | €119,840 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,393 | €7,072 | +€44,464 | |
| Provisions and deferred taxes | 16 | €45,305 | €81,477 | +€36,172 | +79.8% |
| Provisions for liabilities and charges | 160/5 | - | €37,850 | +€37,850 | |
| Other liabilities and charges | 164/5 | - | €37,850 | +€37,850 | |
| Deferred taxes | 168 | €45,305 | €43,627 | -€1,678 | -3.7% |
| Amounts payable | 17/49 | €309,105 | €297,884 | -€11,221 | -3.6% |
| Amounts payable after more than one year | 17 | €13,221 | - | -€13,221 | |
| Financial debts | 170/4 | €13,221 | - | -€13,221 | |
| Amounts payable within one year | 42/48 | €295,884 | €297,884 | +€2,000 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €22,079 | - | -€22,079 | |
| Financial debts | 43 | - | €13,221 | +€13,221 | |
| Other loans | 439 | - | €13,221 | +€13,221 | |
| Trade debts | 44 | €200,214 | €210,053 | +€9,838 | +4.9% |
| Suppliers | 440/4 | €200,214 | €210,053 | +€9,838 | +4.9% |
| Taxes, remuneration and social security | 45 | €2,095 | €12 | -€2,083 | -99.4% |
| Taxes | 450/3 | €2,095 | €12 | -€2,083 | -99.4% |
| Other amounts payable | 47/48 | €71,496 | €74,599 | +€3,103 | +4.3% |
| Turnover | 70 | - | €140,483 | +€140,483 | |
| Goods, raw materials, services and sundry goods | 60/61 | €16,888 | €41,513 | +€24,625 | +146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,525 | €15,870 | +€2,345 | +17.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €37,850 | +€37,850 | |
| Other operating charges | 640/8 | €2,532 | €2,616 | +€83 | +3.3% |
| Non-recurring operating charges | 66A | - | €20 | +€20 | |
| Gross operating margin | 9900 | €54,648 | €98,970 | +€44,322 | +81.1% |
| Operating profit (loss) | 9901 | €38,590 | €42,614 | +€4,024 | +10.4% |
| Financial income | 75/76B | - | €172 | +€172 | |
| Recurring financial income | 75 | - | €172 | +€172 | |
| Financial charges | 65/66B | €997 | - | -€997 | |
| Recurring financial charges | 65 | €997 | - | -€997 | |
| Profit (loss) for the period before taxes | 9903 | €37,593 | €42,787 | +€5,194 | +13.8% |
| Transfer from deferred taxes | 780 | - | €1,678 | +€1,678 | |
| Transfer to deferred taxes | 680 | €16,780 | - | -€16,780 | |
| Profit (loss) for the period | 9904 | €20,813 | €44,464 | +€23,652 | +114% |
| Profit (loss) for the period to be appropriated | 9905 | €20,813 | €44,464 | +€23,652 | +114% |
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 17 October 2026 via checked.be.