EnerGTech: 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.
EnerGTech
Largest movements
- Financial fixed assets +€28,807
up €28,807 (+23.0%), from €125,150 to €153,957
- Cash -€14,619
down €14,619 (-34.4%), from €42,545 to €27,927
mainly Contributions, distributions and other (-€100,550) and Investment in fixed assets (net) (-€31,897)
- Current investments +€4,946
new in 2025: €4,946
- Other debts +€76,442
up €76,442 (+180.6%), from €42,320 to €118,762
- Profit (loss) carried forward -€47,001
down €47,001 (-100.0%), from €47,015 to €14
- Tax, wage and social debts +€10,486
up €10,486 (+181.6%), from €5,773 to €16,259
of which Taxes: +€10,486
- Debts after one year -€10,367
down €10,367 (-35.0%), from €29,608 to €19,241
- Current portion of long-term debt -€3,966
down €3,966 (-11.8%), from €33,574 to €29,608
- Gross operating margin +€56,603
up €56,603 (+210.1%), from €26,942 to €83,545
- Taxes +€15,709
up €15,709 (+380.3%), from €4,130 to €19,839
- Other operating charges -€3,495
down €3,495 (-71.0%), from €4,925 to €1,430
- Financial charges -€2,649
down €2,649 (-26.5%), from €9,983 to €7,334
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 | €173,940 | €195,340 | +€21,399 | +12.3% |
| Fixed assets | 21/28 | €129,006 | €159,483 | +€30,476 | +23.6% |
| Tangible fixed assets | 22/27 | €3,856 | €5,525 | +€1,669 | +43.3% |
| Plant, machinery and equipment | 23 | - | €2,780 | +€2,780 | |
| Furniture and vehicles | 24 | €3,856 | €2,745 | -€1,111 | -28.8% |
| Financial fixed assets | 28 | €125,150 | €153,957 | +€28,807 | +23.0% |
| Current assets | 29/58 | €44,934 | €35,857 | -€9,077 | -20.2% |
| Amounts receivable within one year | 40/41 | €0 | €777 | +€777 | |
| Trade receivables | 40 | €0 | €777 | +€777 | |
| Current investments | 50/53 | - | €4,946 | +€4,946 | |
| Cash at bank and in hand | 54/58 | €42,545 | €27,927 | -€14,619 | -34.4% |
| Deferred charges and accrued income | 490/1 | €2,389 | €2,207 | -€182 | -7.6% |
| Total equity and liabilities | 10/49 | €173,940 | €195,340 | +€21,399 | +12.3% |
| Equity | 10/15 | €48,015 | €1,014 | -€47,001 | -97.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,015 | €14 | -€47,001 | -100.0% |
| Amounts payable | 17/49 | €125,925 | €194,326 | +€68,401 | +54.3% |
| Amounts payable after more than one year | 17 | €29,608 | €19,241 | -€10,367 | -35.0% |
| Financial debts | 170/4 | €29,608 | €19,241 | -€10,367 | -35.0% |
| Amounts payable within one year | 42/48 | €94,162 | €173,307 | +€79,145 | +84.1% |
| Current portion of amounts payable after more than one year | 42 | €33,574 | €29,608 | -€3,966 | -11.8% |
| Trade debts | 44 | €12,494 | €8,677 | -€3,817 | -30.5% |
| Suppliers | 440/4 | €12,494 | €8,677 | -€3,817 | -30.5% |
| Taxes, remuneration and social security | 45 | €5,773 | €16,259 | +€10,486 | +181.6% |
| Taxes | 450/3 | €5,773 | €16,259 | +€10,486 | +181.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €42,320 | €118,762 | +€76,442 | +180.6% |
| Accrued charges and deferred income | 492/3 | €2,155 | €1,778 | -€377 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €870 | €1,420 | +€550 | +63.2% |
| Other operating charges | 640/8 | €4,925 | €1,430 | -€3,495 | -71.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €26,942 | €83,545 | +€56,603 | +210.1% |
| Operating profit (loss) | 9901 | €21,146 | €80,695 | +€59,549 | +281.6% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €9,983 | €7,334 | -€2,649 | -26.5% |
| Recurring financial charges | 65 | €9,983 | €7,334 | -€2,649 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €11,164 | €73,388 | +€62,224 | +557.4% |
| Income taxes | 67/77 | €4,130 | €19,839 | +€15,709 | +380.3% |
| Profit (loss) for the period | 9904 | €7,033 | €53,549 | +€46,515 | +661.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,033 | €53,549 | +€46,515 | +661.3% |
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 8 October 2026 via checked.be.