ENERGY EXPRESS: 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.
ENERGY EXPRESS
Largest movements
- Receivables within one year -€102,753
down €102,753 (-41.0%), from €250,428 to €147,675
of which Trade receivables: -€114,484
- Tangible fixed assets -€34,685
down €34,685 (-26.7%), from €129,767 to €95,082
- Cash -€24,405
down €24,405 (-16.8%), from €145,513 to €121,108
mainly Other debts (-€94,226) and Trade debts (-€31,813)
- Other debts -€94,226
down €94,226 (-56.3%), from €167,231 to €73,005
- Trade debts -€31,813
down €31,813 (-56.1%), from €56,755 to €24,942
- Reserves -€26,580
down €26,580 (-10.8%), from €247,030 to €220,450
of which Distributable reserves: -€26,580
- Tax, wage and social debts -€7,653
down €7,653 (-32.8%), from €23,367 to €15,714
of which Remuneration and social security: -€11,251
- Turnover -€75,583
down €75,583 (-13.3%), from €569,824 to €494,241
- Services and other goods -€68,213
down €68,213 (-18.0%), from €379,137 to €310,923
- Staff costs -€17,427
down €17,427 (-8.8%), from €198,198 to €180,771
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 | €537,763 | €377,492 | -€160,271 | -29.8% |
| Fixed assets | 21/28 | €131,729 | €97,044 | -€34,685 | -26.3% |
| Tangible fixed assets | 22/27 | €129,767 | €95,082 | -€34,685 | -26.7% |
| Furniture and vehicles | 24 | €129,767 | €95,082 | -€34,685 | -26.7% |
| Financial fixed assets | 28 | €1,962 | €1,962 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,962 | €1,962 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,962 | €1,962 | = | 0.0% |
| Current assets | 29/58 | €406,034 | €280,448 | -€125,586 | -30.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €250,428 | €147,675 | -€102,753 | -41.0% |
| Trade receivables | 40 | €245,213 | €130,728 | -€114,484 | -46.7% |
| Other amounts receivable | 41 | €5,216 | €16,947 | +€11,731 | +225% |
| Cash at bank and in hand | 54/58 | €145,513 | €121,108 | -€24,405 | -16.8% |
| Deferred charges and accrued income | 490/1 | €10,092 | €11,664 | +€1,572 | +15.6% |
| Total equity and liabilities | 10/49 | €537,763 | €377,492 | -€160,271 | -29.8% |
| Equity | 10/15 | €290,411 | €263,832 | -€26,580 | -9.2% |
| Contributions | 10/11 | €43,381 | €43,381 | = | 0.0% |
| Reserves | 13 | €247,030 | €220,450 | -€26,580 | -10.8% |
| Tax-exempt reserves | 132 | €158,613 | €158,613 | = | 0.0% |
| Distributable reserves | 133 | €88,417 | €61,837 | -€26,580 | -30.1% |
| Amounts payable | 17/49 | €247,352 | €113,660 | -€133,692 | -54.0% |
| Amounts payable within one year | 42/48 | €247,352 | €113,660 | -€133,692 | -54.0% |
| Trade debts | 44 | €56,755 | €24,942 | -€31,813 | -56.1% |
| Suppliers | 440/4 | €56,755 | €24,942 | -€31,813 | -56.1% |
| Taxes, remuneration and social security | 45 | €23,367 | €15,714 | -€7,653 | -32.8% |
| Taxes | 450/3 | €509 | €4,107 | +€3,598 | +707% |
| Remuneration and social security | 454/9 | €22,858 | €11,607 | -€11,251 | -49.2% |
| Other amounts payable | 47/48 | €167,231 | €73,005 | -€94,226 | -56.3% |
| Operating income | 70/76A | €603,927 | €512,850 | -€91,077 | -15.1% |
| Turnover | 70 | €569,824 | €494,241 | -€75,583 | -13.3% |
| Other operating income | 74 | €17,103 | €18,609 | +€1,506 | +8.8% |
| Non-recurring operating income | 76A | €17,000 | €0 | -€17,000 | -100% |
| Operating charges | 60/66A | €609,724 | €529,281 | -€80,443 | -13.2% |
| Goods for resale, raw materials and consumables | 60 | €0 | - | = | |
| Purchases | 600/8 | €0 | - | = | |
| Services and other goods | 61 | €379,137 | €310,923 | -€68,213 | -18.0% |
| Remuneration, social security and pensions | 62 | €198,198 | €180,771 | -€17,427 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,310 | €34,685 | +€5,376 | +18.3% |
| Other operating charges | 640/8 | €3,080 | €2,902 | -€178 | -5.8% |
| Operating profit (loss) | 9901 | -€5,797 | -€16,431 | -€10,634 | -183% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €14,715 | €10,148 | -€4,566 | -31.0% |
| Recurring financial charges | 65 | €14,715 | €10,148 | -€4,566 | -31.0% |
| Debt charges | 650 | €11,998 | €9,276 | -€2,721 | -22.7% |
| Other financial charges | 652/9 | €2,717 | €872 | -€1,845 | -67.9% |
| Profit (loss) for the period before taxes | 9903 | -€20,512 | -€26,580 | -€6,068 | -29.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€20,512 | -€26,580 | -€6,068 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,512 | -€26,580 | -€6,068 | -29.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.