Energy and Ô: what changed
What changed
Energy and Ô
NACE 27.120, Manufacture of electrical equipment
filed annual accounts (NBB)
Net result for the year
€60,442
2024 · €44,546+€15,896
Equity
€109,988
2024 · €49,546+€60,442
Cash
€106,771
2024 · €42,880+€63,890
Balance sheet total
€218,301
2024 · €154,155+€64,146
Largest movements
Assets
- Cash +€63,890
up €63,890 (+149%), from €42,880 to €106,771
mainly Net result for the year (+€60,442) and Tax, wage and social debts (+€19,393)
Equity and liabilities
- Profit (loss) carried forward +€60,442
up €60,442 (+136%), from €44,546 to €104,988
- Tax, wage and social debts +€19,393
up €19,393 (+107%), from €18,052 to €37,446
of which Taxes: +€18,393
- Debts after one year -€14,172
down €14,172 (-26.6%), from €53,224 to €39,052
Income statement
- Gross operating margin +€48,107
up €48,107 (+70.9%), from €67,895 to €116,002
- Taxes +€5,323
up €5,323 (+45.7%), from €11,655 to €16,978
- Depreciation +€4,044
up €4,044 (+42.5%), from €9,516 to €13,560
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€44,546
Gross operating margin
+€48,107
Depreciation
-€4,044
Other operating charges
-€42
Other operating items
-€21,927
Financial income
+€12
Financial charges
-€887
Taxes
-€5,323
Result 2025
€60,442
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€89,415
Investment
-€11,852
Financing
-€13,673
Cash 2024
€42,880
From operations (derived)
+€89,415
Net result for the year
+€60,442
Depreciation
+€13,560
Receivables within one year
-€1,963
Trade debts
+€206
Tax, wage and social debts
+€19,393
Other debts
-€1,830
Accrued charges and deferred income
-€392
Investment (derived)
-€11,852
Investment in fixed assets (net)
-€11,852
Financing
-€13,673
Debts after one year
-€14,172
Current portion of long-term debt
+€499
Cash 2025
€106,771
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,155 | €218,301 | +€64,146 | +41.6% |
| Fixed assets | 21/28 | €97,903 | €96,195 | -€1,708 | -1.7% |
| Tangible fixed assets | 22/27 | €97,903 | €96,195 | -€1,708 | -1.7% |
| Plant, machinery and equipment | 23 | €780 | €610 | -€170 | -21.8% |
| Furniture and vehicles | 24 | €97,123 | €92,579 | -€4,544 | -4.7% |
| Other tangible fixed assets | 26 | - | €3,006 | +€3,006 | |
| Current assets | 29/58 | €56,252 | €122,106 | +€65,853 | +117% |
| Amounts receivable within one year | 40/41 | €13,372 | €15,335 | +€1,963 | +14.7% |
| Trade receivables | 40 | €13,372 | €15,335 | +€1,963 | +14.7% |
| Cash at bank and in hand | 54/58 | €42,880 | €106,771 | +€63,890 | +149% |
| Total equity and liabilities | 10/49 | €154,155 | €218,301 | +€64,146 | +41.6% |
| Equity | 10/15 | €49,546 | €109,988 | +€60,442 | +122% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,546 | €104,988 | +€60,442 | +136% |
| Amounts payable | 17/49 | €104,610 | €108,313 | +€3,704 | +3.5% |
| Amounts payable after more than one year | 17 | €53,224 | €39,052 | -€14,172 | -26.6% |
| Financial debts | 170/4 | €53,224 | €39,052 | -€14,172 | -26.6% |
| Amounts payable within one year | 42/48 | €50,994 | €69,262 | +€18,268 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €13,673 | €14,172 | +€499 | +3.7% |
| Trade debts | 44 | - | €206 | +€206 | |
| Suppliers | 440/4 | - | €206 | +€206 | |
| Taxes, remuneration and social security | 45 | €18,052 | €37,446 | +€19,393 | +107% |
| Taxes | 450/3 | €18,052 | €36,446 | +€18,393 | +102% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €19,268 | €17,438 | -€1,830 | -9.5% |
| Accrued charges and deferred income | 492/3 | €392 | - | -€392 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,516 | €13,560 | +€4,044 | +42.5% |
| Other operating charges | 640/8 | €833 | €875 | +€42 | +5.1% |
| Non-recurring operating charges | 66A | - | €21,927 | +€21,927 | |
| Gross operating margin | 9900 | €67,895 | €116,002 | +€48,107 | +70.9% |
| Operating profit (loss) | 9901 | €57,546 | €79,641 | +€22,094 | +38.4% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €1,346 | €2,232 | +€887 | +65.9% |
| Recurring financial charges | 65 | €1,346 | €2,232 | +€887 | +65.9% |
| Profit (loss) for the period before taxes | 9903 | €56,201 | €77,420 | +€21,219 | +37.8% |
| Income taxes | 67/77 | €11,655 | €16,978 | +€5,323 | +45.7% |
| Profit (loss) for the period | 9904 | €44,546 | €60,442 | +€15,896 | +35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,546 | €60,442 | +€15,896 | +35.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.