ENERGIETEC: 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.
ENERGIETEC
Largest movements
- Tangible fixed assets +€69,390
up €69,390 (+258%), from €26,872 to €96,262
of which Plant, machinery and equipment: +€75,594
- Cash -€29,392
down €29,392 (-65.4%), from €44,969 to €15,578
mainly Investment in fixed assets (net) (-€90,000) and Receivables within one year (-€9,668)
- Stocks and contracts -€11,524
down €11,524 (-35.0%), from €32,931 to €21,407
- Receivables within one year +€9,668
up €9,668 (+28.3%), from €34,188 to €43,857
of which Trade receivables: +€19,148
- Reserves +€20,907
up €20,907 (+20.8%), from €100,546 to €121,453
of which Distributable reserves: +€20,907
- Profit (loss) carried forward +€13,576
up €13,576, from -€13,576 to €0
- Trade debts +€2,323
up €2,323 (+6.8%), from €33,935 to €36,258
- Staff costs -€92,569
down €92,569 (-100%), from €92,569 to €0
- Gross operating margin -€47,987
down €47,987 (-45.6%), from €105,262 to €57,276
- Depreciation +€10,397
up €10,397 (+102%), from €10,212 to €20,610
- Taxes +€1,369
new in 2025: €1,369
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 | €139,904 | €178,075 | +€38,171 | +27.3% |
| Fixed assets | 21/28 | €26,872 | €96,262 | +€69,390 | +258% |
| Tangible fixed assets | 22/27 | €26,872 | €96,262 | +€69,390 | +258% |
| Plant, machinery and equipment | 23 | €13,395 | €88,988 | +€75,594 | +564% |
| Furniture and vehicles | 24 | €13,477 | €7,274 | -€6,203 | -46.0% |
| Current assets | 29/58 | €113,032 | €81,812 | -€31,220 | -27.6% |
| Stocks and contracts in progress | 3 | €32,931 | €21,407 | -€11,524 | -35.0% |
| Stocks | 30/36 | €32,931 | €21,407 | -€11,524 | -35.0% |
| Amounts receivable within one year | 40/41 | €34,188 | €43,857 | +€9,668 | +28.3% |
| Trade receivables | 40 | €22,743 | €41,891 | +€19,148 | +84.2% |
| Other amounts receivable | 41 | €11,445 | €1,965 | -€9,480 | -82.8% |
| Cash at bank and in hand | 54/58 | €44,969 | €15,578 | -€29,392 | -65.4% |
| Deferred charges and accrued income | 490/1 | €944 | €971 | +€28 | +2.9% |
| Total equity and liabilities | 10/49 | €139,904 | €178,075 | +€38,171 | +27.3% |
| Equity | 10/15 | €105,969 | €140,453 | +€34,484 | +32.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €100,546 | €121,453 | +€20,907 | +20.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €100,546 | €121,453 | +€20,907 | +20.8% |
| Profit (loss) carried forward | 14 | -€13,576 | €0 | +€13,576 | |
| Amounts payable | 17/49 | €33,935 | €37,622 | +€3,687 | +10.9% |
| Amounts payable within one year | 42/48 | €33,935 | €37,622 | +€3,687 | +10.9% |
| Trade debts | 44 | €33,935 | €36,258 | +€2,323 | +6.8% |
| Suppliers | 440/4 | €33,935 | €36,258 | +€2,323 | +6.8% |
| Taxes, remuneration and social security | 45 | - | €1,363 | +€1,363 | |
| Taxes | 450/3 | - | €1,363 | +€1,363 | |
| Non-recurring operating income | 76A | - | €35,000 | +€35,000 | |
| Remuneration, social security and pensions | 62 | €92,569 | €0 | -€92,569 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,212 | €20,610 | +€10,397 | +102% |
| Other operating charges | 640/8 | €338 | €786 | +€448 | +133% |
| Gross operating margin | 9900 | €105,262 | €57,276 | -€47,987 | -45.6% |
| Operating profit (loss) | 9901 | €2,143 | €35,880 | +€33,737 | +1,574% |
| Financial income | 75/76B | €10 | €21 | +€11 | +107% |
| Recurring financial income | 75 | €10 | €21 | +€11 | +107% |
| Financial charges | 65/66B | €46 | €48 | +€2 | +4.0% |
| Recurring financial charges | 65 | €46 | €48 | +€2 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €2,107 | €35,853 | +€33,746 | +1,602% |
| Income taxes | 67/77 | - | €1,369 | +€1,369 | |
| Profit (loss) for the period | 9904 | €2,107 | €34,484 | +€32,377 | +1,537% |
| Profit (loss) for the period to be appropriated | 9905 | €2,107 | €34,484 | +€32,377 | +1,537% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.