ENERGY SAVING SERVICES: 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 SAVING SERVICES
Largest movements
- Cash -€509,065
down €509,065 (-72.6%), from €700,751 to €191,686
mainly Contributions, distributions and other (-€500,000) and Receivables within one year (-€381,696)
- Receivables within one year +€381,696
up €381,696 (+56.8%), from €671,794 to €1.1m
of which Trade receivables: +€324,158
- Formation expenses +€130,947
new in 2025: €130,947
- Deferred charges and accrued income +€55,440
up €55,440 (+177%), from €31,379 to €86,819
- Current investments -€49,280
down €49,280 (-62.4%), from €78,960 to €29,680
- Trade debts +€186,434
up €186,434 (+107%), from €173,949 to €360,383
- Profit (loss) carried forward -€95,373
new in 2025: -€95,373
- Debts after one year -€50,907
down €50,907 (-24.5%), from €207,477 to €156,569
- Staff costs +€291,773
up €291,773 (+73.5%), from €396,795 to €688,568
- Taxes -€84,466
down €84,466 (-40.1%), from €210,794 to €126,328
- Gross operating margin +€25,727
up €25,727 (+1.9%), from €1.3m to €1.4m
- Depreciation +€25,626
up €25,626 (+21.8%), from €117,625 to €143,250
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 | €3,260,488 | €3,342,451 | +€81,962 | +2.5% |
| Formation expenses | 20 | - | €130,947 | +€130,947 | |
| Fixed assets | 21/28 | €1,634,904 | €1,687,829 | +€52,925 | +3.2% |
| Intangible fixed assets | 21 | €33,431 | €55,356 | +€21,925 | +65.6% |
| Tangible fixed assets | 22/27 | €1,601,473 | €1,632,472 | +€31,000 | +1.9% |
| Land and buildings | 22 | €1,559,204 | €1,491,239 | -€67,965 | -4.4% |
| Plant, machinery and equipment | 23 | €42,269 | €141,234 | +€98,965 | +234% |
| Current assets | 29/58 | €1,625,585 | €1,523,675 | -€101,909 | -6.3% |
| Stocks and contracts in progress | 3 | €142,700 | €162,000 | +€19,300 | +13.5% |
| Stocks | 30/36 | €132,500 | €142,000 | +€9,500 | +7.2% |
| Contracts in progress | 37 | €10,200 | €20,000 | +€9,800 | +96.1% |
| Amounts receivable within one year | 40/41 | €671,794 | €1,053,490 | +€381,696 | +56.8% |
| Trade receivables | 40 | €605,339 | €929,497 | +€324,158 | +53.5% |
| Other amounts receivable | 41 | €66,455 | €123,993 | +€57,538 | +86.6% |
| Current investments | 50/53 | €78,960 | €29,680 | -€49,280 | -62.4% |
| Cash at bank and in hand | 54/58 | €700,751 | €191,686 | -€509,065 | -72.6% |
| Deferred charges and accrued income | 490/1 | €31,379 | €86,819 | +€55,440 | +177% |
| Total equity and liabilities | 10/49 | €3,260,488 | €3,342,451 | +€81,962 | +2.5% |
| Equity | 10/15 | €2,678,920 | €2,592,534 | -€86,386 | -3.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €2,660,370 | €2,669,358 | +€8,988 | +0.3% |
| Distributable reserves | 133 | €2,660,370 | €2,669,358 | +€8,988 | +0.3% |
| Profit (loss) carried forward | 14 | - | -€95,373 | -€95,373 | |
| Amounts payable | 17/49 | €581,568 | €749,916 | +€168,348 | +28.9% |
| Amounts payable after more than one year | 17 | €207,477 | €156,569 | -€50,907 | -24.5% |
| Financial debts | 170/4 | €207,477 | €156,569 | -€50,907 | -24.5% |
| Amounts payable within one year | 42/48 | €374,091 | €593,347 | +€219,255 | +58.6% |
| Current portion of amounts payable after more than one year | 42 | €50,279 | €50,907 | +€628 | +1.2% |
| Financial debts | 43 | €95,606 | €94,752 | -€854 | -0.9% |
| Credit institutions | 430/8 | €95,606 | €94,752 | -€854 | -0.9% |
| Trade debts | 44 | €173,949 | €360,383 | +€186,434 | +107% |
| Suppliers | 440/4 | €173,949 | €360,383 | +€186,434 | +107% |
| Taxes, remuneration and social security | 45 | €54,257 | €87,305 | +€33,048 | +60.9% |
| Taxes | 450/3 | €25,168 | €11,306 | -€13,862 | -55.1% |
| Remuneration and social security | 454/9 | €29,089 | €75,999 | +€46,910 | +161% |
| Non-recurring operating income | 76A | - | €11,663 | +€11,663 | |
| Remuneration, social security and pensions | 62 | €396,795 | €688,568 | +€291,773 | +73.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,625 | €143,250 | +€25,626 | +21.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,787 | -€2,787 | |
| Other operating charges | 640/8 | €7,579 | €8,078 | +€499 | +6.6% |
| Gross operating margin | 9900 | €1,340,010 | €1,365,736 | +€25,727 | +1.9% |
| Operating profit (loss) | 9901 | €818,011 | €528,628 | -€289,383 | -35.4% |
| Financial income | 75/76B | €19,622 | €22,690 | +€3,069 | +15.6% |
| Recurring financial income | 75 | €19,622 | €22,690 | +€3,069 | +15.6% |
| Financial charges | 65/66B | €12,194 | €11,376 | -€818 | -6.7% |
| Recurring financial charges | 65 | €12,194 | €11,376 | -€818 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €825,439 | €539,943 | -€285,496 | -34.6% |
| Income taxes | 67/77 | €210,794 | €126,328 | -€84,466 | -40.1% |
| Profit (loss) for the period | 9904 | €614,644 | €413,614 | -€201,030 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €614,644 | €413,614 | -€201,030 | -32.7% |
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 15 October 2026 via checked.be.