ENERGINVEST: 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.
ENERGINVEST
Largest movements
- Receivables within one year -€74,753
down €74,753 (-59.7%), from €125,124 to €50,371
of which Trade receivables: -€59,430
- Deferred charges and accrued income -€58,570
down €58,570 (-84.5%), from €69,330 to €10,760
- Profit (loss) carried forward -€92,435
down €92,435 (-40.9%), from €226,082 to €133,647
- Trade debts -€43,598
down €43,598 (-23.1%), from €188,514 to €144,916
- Gross operating margin -€201,700
down €201,700, from €108,720 to -€92,980
- Taxes -€22,689
down €22,689 (-98.8%), from €22,961 to €272
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 | €427,348 | €291,841 | -€135,507 | -31.7% |
| Fixed assets | 21/28 | €616 | €60 | -€556 | -90.3% |
| Tangible fixed assets | 22/27 | €91 | €35 | -€56 | -61.5% |
| Furniture and vehicles | 24 | €91 | €35 | -€56 | -61.5% |
| Financial fixed assets | 28 | €525 | €25 | -€500 | -95.2% |
| Current assets | 29/58 | €426,732 | €291,781 | -€134,951 | -31.6% |
| Amounts receivable within one year | 40/41 | €125,124 | €50,371 | -€74,753 | -59.7% |
| Trade receivables | 40 | €100,110 | €40,680 | -€59,430 | -59.4% |
| Other amounts receivable | 41 | €25,014 | €9,691 | -€15,323 | -61.3% |
| Cash at bank and in hand | 54/58 | €232,278 | €230,650 | -€1,628 | -0.7% |
| Deferred charges and accrued income | 490/1 | €69,330 | €10,760 | -€58,570 | -84.5% |
| Total equity and liabilities | 10/49 | €427,348 | €291,841 | -€135,507 | -31.7% |
| Equity | 10/15 | €234,142 | €141,707 | -€92,435 | -39.5% |
| 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 | €226,082 | €133,647 | -€92,435 | -40.9% |
| Amounts payable | 17/49 | €193,206 | €150,134 | -€43,072 | -22.3% |
| Amounts payable within one year | 42/48 | €193,206 | €150,134 | -€43,072 | -22.3% |
| Trade debts | 44 | €188,514 | €144,916 | -€43,598 | -23.1% |
| Suppliers | 440/4 | €188,514 | €144,916 | -€43,598 | -23.1% |
| Taxes, remuneration and social security | 45 | - | €411 | +€411 | |
| Taxes | 450/3 | - | €411 | +€411 | |
| Other amounts payable | 47/48 | €4,692 | €4,807 | +€115 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256 | €56 | -€200 | -78.1% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €108,720 | -€92,980 | -€201,700 | |
| Operating profit (loss) | 9901 | €108,077 | -€93,436 | -€201,513 | |
| Financial income | 75/76B | €808 | €1,376 | +€568 | +70.3% |
| Recurring financial income | 75 | €455 | €1,373 | +€918 | +202% |
| Non-recurring financial income | 76B | €353 | €3 | -€350 | -99.2% |
| Financial charges | 65/66B | €103 | €103 | = | 0.0% |
| Recurring financial charges | 65 | €8 | €103 | +€95 | +1,188% |
| Non-recurring financial charges | 66B | €95 | - | -€95 | |
| Profit (loss) for the period before taxes | 9903 | €108,782 | -€92,163 | -€200,945 | |
| Income taxes | 67/77 | €22,961 | €272 | -€22,689 | -98.8% |
| Profit (loss) for the period | 9904 | €85,821 | -€92,435 | -€178,256 | |
| Profit (loss) for the period to be appropriated | 9905 | €85,821 | -€92,435 | -€178,256 |
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 26 October 2026 via checked.be.