EnerGrid: 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.
EnerGrid
Largest movements
- Tangible fixed assets +€46,708
new in 2025: €46,708
- Receivables within one year +€45,542
up €45,542 (+636.7%), from €7,153 to €52,695
of which Trade receivables: +€41,296
- Stocks and contracts +€11,971
new in 2025: €11,971
- Cash -€3,551
down €3,551 (-33.7%), from €10,550 to €7,000
mainly Investment in fixed assets (net) (-€47,500) and Receivables within one year (-€45,542)
- Deferred charges and accrued income +€1,604
new in 2025: €1,604
- Other debts +€78,921
up €78,921 (+699.5%), from €11,283 to €90,204
- Profit (loss) carried forward +€21,081
new in 2025: €21,081
- Trade debts +€1,536
up €1,536 (+2264.5%), from €68 to €1,604
- Gross operating margin +€15,373
up €15,373 (+132.5%), from €11,604 to €26,976
- Taxes +€1,768
up €1,768 (+76.2%), from €2,321 to €4,089
- Financial charges +€845
new in 2025: €845
- Depreciation +€792
new in 2025: €792
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 | €17,703 | €119,977 | +€102,275 | +577.7% |
| Fixed assets | 21/28 | - | €46,708 | +€46,708 | |
| Tangible fixed assets | 22/27 | - | €46,708 | +€46,708 | |
| Furniture and vehicles | 24 | - | €46,708 | +€46,708 | |
| Current assets | 29/58 | €17,703 | €73,269 | +€55,566 | +313.9% |
| Stocks and contracts in progress | 3 | - | €11,971 | +€11,971 | |
| Stocks | 30/36 | - | €11,971 | +€11,971 | |
| Amounts receivable within one year | 40/41 | €7,153 | €52,695 | +€45,542 | +636.7% |
| Trade receivables | 40 | €7,153 | €48,448 | +€41,296 | +577.4% |
| Other amounts receivable | 41 | - | €4,246 | +€4,246 | |
| Cash at bank and in hand | 54/58 | €10,550 | €7,000 | -€3,551 | -33.7% |
| Deferred charges and accrued income | 490/1 | - | €1,604 | +€1,604 | |
| Total equity and liabilities | 10/49 | €17,703 | €119,977 | +€102,275 | +577.7% |
| Equity | 10/15 | €3,000 | €24,081 | +€21,081 | +702.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €21,081 | +€21,081 | |
| Amounts payable | 17/49 | €14,703 | €95,897 | +€81,194 | +552.2% |
| Amounts payable within one year | 42/48 | €14,703 | €95,897 | +€81,194 | +552.2% |
| Trade debts | 44 | €68 | €1,604 | +€1,536 | +2264.5% |
| Suppliers | 440/4 | €68 | €1,604 | +€1,536 | +2264.5% |
| Taxes, remuneration and social security | 45 | €3,352 | €4,089 | +€736 | +22.0% |
| Taxes | 450/3 | €3,352 | €4,089 | +€736 | +22.0% |
| Other amounts payable | 47/48 | €11,283 | €90,204 | +€78,921 | +699.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €792 | +€792 | |
| Other operating charges | 640/8 | - | €170 | +€170 | |
| Gross operating margin | 9900 | €11,604 | €26,976 | +€15,373 | +132.5% |
| Operating profit (loss) | 9901 | €11,604 | €26,014 | +€14,411 | +124.2% |
| Financial charges | 65/66B | - | €845 | +€845 | |
| Recurring financial charges | 65 | - | €845 | +€845 | |
| Profit (loss) for the period before taxes | 9903 | €11,604 | €25,170 | +€13,566 | +116.9% |
| Income taxes | 67/77 | €2,321 | €4,089 | +€1,768 | +76.2% |
| Profit (loss) for the period | 9904 | €9,283 | €21,081 | +€11,798 | +127.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,283 | €21,081 | +€11,798 | +127.1% |
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 30 September 2026 via checked.be.