Energy Fly: 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 Fly
Largest movements
- Deferred charges and accrued income +€15,705
up €15,705 (+833%), from €1,886 to €17,592
- Cash +€7,374
up €7,374 (+198%), from €3,727 to €11,101
mainly Other debts (+€21,792) and Net result for the year (+€6,846)
- Intangible fixed assets +€5,459
up €5,459 (+60.0%), from €9,102 to €14,561
- Other debts +€21,792
up €21,792 (+170%), from €12,813 to €34,605
- Profit (loss) carried forward +€4,412
up €4,412, from -€4,412 to €0
- Reserves +€2,434
up €2,434 (+56.7%), from €4,291 to €6,725
- Trade debts -€647
down €647 (-65.7%), from €984 to €338
- Gross operating margin +€14,273
up €14,273, from -€2,007 to €12,266
- Depreciation +€2,284
up €2,284 (+127%), from €1,794 to €4,078
- Taxes +€667
up €667, from €0 to €667
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 | €20,599 | €48,658 | +€28,058 | +136% |
| Fixed assets | 21/28 | €12,147 | €17,523 | +€5,377 | +44.3% |
| Intangible fixed assets | 21 | €9,102 | €14,561 | +€5,459 | +60.0% |
| Tangible fixed assets | 22/27 | €3,045 | €2,962 | -€82 | -2.7% |
| Plant, machinery and equipment | 23 | - | €1,048 | +€1,048 | |
| Furniture and vehicles | 24 | €3,045 | €1,915 | -€1,130 | -37.1% |
| Current assets | 29/58 | €8,452 | €31,134 | +€22,682 | +268% |
| Amounts receivable within one year | 40/41 | €2,839 | €2,442 | -€397 | -14.0% |
| Trade receivables | 40 | €2,467 | €2,442 | -€26 | -1.0% |
| Other amounts receivable | 41 | €372 | €0 | -€372 | -100% |
| Cash at bank and in hand | 54/58 | €3,727 | €11,101 | +€7,374 | +198% |
| Deferred charges and accrued income | 490/1 | €1,886 | €17,592 | +€15,705 | +833% |
| Total equity and liabilities | 10/49 | €20,599 | €48,658 | +€28,058 | +136% |
| Equity | 10/15 | €4,879 | €11,725 | +€6,846 | +140% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,291 | €6,725 | +€2,434 | +56.7% |
| Distributable reserves | 133 | €4,291 | €6,725 | +€2,434 | +56.7% |
| Profit (loss) carried forward | 14 | -€4,412 | €0 | +€4,412 | |
| Amounts payable | 17/49 | €15,720 | €36,933 | +€21,213 | +135% |
| Amounts payable within one year | 42/48 | €15,720 | €36,933 | +€21,213 | +135% |
| Financial debts | 43 | €70 | €30 | -€40 | -57.2% |
| Credit institutions | 430/8 | €70 | €30 | -€40 | -57.2% |
| Trade debts | 44 | €984 | €338 | -€647 | -65.7% |
| Suppliers | 440/4 | €984 | €338 | -€647 | -65.7% |
| Taxes, remuneration and social security | 45 | €1,854 | €1,961 | +€107 | +5.8% |
| Taxes | 450/3 | €1,854 | €1,961 | +€107 | +5.8% |
| Other amounts payable | 47/48 | €12,813 | €34,605 | +€21,792 | +170% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,794 | €4,078 | +€2,284 | +127% |
| Other operating charges | 640/8 | €588 | €604 | +€16 | +2.8% |
| Gross operating margin | 9900 | -€2,007 | €12,266 | +€14,273 | |
| Operating profit (loss) | 9901 | -€4,389 | €7,584 | +€11,973 | |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €25 | €71 | +€46 | +182% |
| Recurring financial charges | 65 | €25 | €71 | +€46 | +182% |
| Profit (loss) for the period before taxes | 9903 | -€4,412 | €7,513 | +€11,925 | |
| Income taxes | 67/77 | €0 | €667 | +€667 | |
| Profit (loss) for the period | 9904 | -€4,412 | €6,846 | +€11,258 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,412 | €6,846 | +€11,258 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.