ENERGY & FLUIDE: 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 & FLUIDE
Largest movements
- Cash -€280,551
down €280,551 (-49.2%), from €570,611 to €290,060
mainly Trade debts (-€510,670) and Receivables within one year (-€108,283)
- Receivables within one year +€108,283
up €108,283 (+51.7%), from €209,527 to €317,810
of which Trade receivables: +€80,701
- Trade debts -€510,670
down €510,670 (-71.2%), from €717,632 to €206,962
- Other debts +€353,668
up €353,668 (+19,060%), from €1,856 to €355,524
- Profit (loss) carried forward -€13,306
down €13,306 (-28.5%), from €46,721 to €33,415
- Gross operating margin +€34,758
up €34,758, from -€10,412 to €24,345
- Staff costs +€9,382
new in 2024: €9,382
- Taxes +€8,523
new in 2024: €8,523
- Other operating charges -€3,993
down €3,993 (-35.7%), from €11,168 to €7,176
- Financial charges +€1,074
up €1,074 (+304%), from €354 to €1,427
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €780,668 | €610,895 | -€169,773 | -21.7% |
| Fixed assets | 21/28 | €530 | €1,165 | +€635 | +120% |
| Tangible fixed assets | 22/27 | €530 | €1,165 | +€635 | +120% |
| Furniture and vehicles | 24 | €530 | €1,165 | +€635 | +120% |
| Current assets | 29/58 | €780,138 | €609,730 | -€170,408 | -21.8% |
| Amounts receivable within one year | 40/41 | €209,527 | €317,810 | +€108,283 | +51.7% |
| Trade receivables | 40 | €180,357 | €261,058 | +€80,701 | +44.7% |
| Other amounts receivable | 41 | €29,171 | €56,753 | +€27,582 | +94.6% |
| Cash at bank and in hand | 54/58 | €570,611 | €290,060 | -€280,551 | -49.2% |
| Deferred charges and accrued income | 490/1 | - | €1,859 | +€1,859 | |
| Total equity and liabilities | 10/49 | €780,668 | €610,895 | -€169,773 | -21.7% |
| Equity | 10/15 | €61,181 | €47,875 | -€13,306 | -21.7% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €46,721 | €33,415 | -€13,306 | -28.5% |
| Amounts payable | 17/49 | €719,487 | €563,020 | -€156,467 | -21.7% |
| Amounts payable within one year | 42/48 | €719,487 | €563,020 | -€156,467 | -21.7% |
| Trade debts | 44 | €717,632 | €206,962 | -€510,670 | -71.2% |
| Suppliers | 440/4 | €717,632 | €206,962 | -€510,670 | -71.2% |
| Taxes, remuneration and social security | 45 | - | €534 | +€534 | |
| Taxes | 450/3 | - | €429 | +€429 | |
| Remuneration and social security | 454/9 | - | €105 | +€105 | |
| Other amounts payable | 47/48 | €1,856 | €355,524 | +€353,668 | +19,060% |
| Remuneration, social security and pensions | 62 | - | €9,382 | +€9,382 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,651 | €769 | -€882 | -53.4% |
| Other operating charges | 640/8 | €11,168 | €7,176 | -€3,993 | -35.7% |
| Non-recurring operating charges | 66A | - | €10,574 | +€10,574 | |
| Gross operating margin | 9900 | -€10,412 | €24,345 | +€34,758 | |
| Operating profit (loss) | 9901 | -€23,231 | -€3,554 | +€19,677 | +84.7% |
| Financial income | 75/76B | €11 | €199 | +€188 | +1,670% |
| Recurring financial income | 75 | €11 | €199 | +€188 | +1,670% |
| Financial charges | 65/66B | €354 | €1,427 | +€1,074 | +304% |
| Recurring financial charges | 65 | €354 | €1,427 | +€1,074 | +304% |
| Profit (loss) for the period before taxes | 9903 | -€23,574 | -€4,783 | +€18,791 | +79.7% |
| Income taxes | 67/77 | - | €8,523 | +€8,523 | |
| Profit (loss) for the period | 9904 | -€23,574 | -€13,306 | +€10,268 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,574 | -€13,306 | +€10,268 | +43.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.