ENERGY SHOP: what changed
ENERGY SHOP
Largest movements
- Receivables within one year +€573,681
up €573,681 (+779%), from €73,608 to €647,289
of which Trade receivables: +€551,632
- Stocks and contracts -€69,000
down €69,000 (-30.8%), from €223,993 to €154,993
- Cash -€40,544
down €40,544 (-30.7%), from €132,281 to €91,737
mainly Receivables within one year (-€573,681) and Deferred charges and accrued income (-€823)
- Tangible fixed assets -€27,429
down €27,429 (-15.7%), from €175,261 to €147,832
of which Land and buildings: -€15,712
- Trade debts +€362,602
up €362,602 (+70.1%), from €517,450 to €880,052
- Other debts +€26,620
up €26,620 (+41.6%), from €63,971 to €90,591
- Tax, wage and social debts +€24,591
up €24,591 (+104%), from €23,723 to €48,313
of which Remuneration and social security: +€17,959
- Current portion of long-term debt +€10,875
new in 2025: €10,875
- Gross operating margin +€108,887
up €108,887 (+38.6%), from €282,242 to €391,129
- Staff costs +€86,688
up €86,688 (+45.9%), from €188,658 to €275,346
- Financial charges +€6,244
up €6,244 (+58.8%), from €10,621 to €16,865
- Other operating charges +€5,303
up €5,303 (+10.7%), from €49,384 to €54,687
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €653,753 | €1,084,784 | +€431,030 | +65.9% |
| Fixed assets | 21/28 | €199,754 | €165,825 | -€33,929 | -17.0% |
| Intangible fixed assets | 21 | €9,993 | €3,493 | -€6,500 | -65.0% |
| Tangible fixed assets | 22/27 | €175,261 | €147,832 | -€27,429 | -15.7% |
| Land and buildings | 22 | €104,450 | €88,738 | -€15,712 | -15.0% |
| Plant, machinery and equipment | 23 | €43,317 | €38,522 | -€4,795 | -11.1% |
| Furniture and vehicles | 24 | €8,388 | €6,561 | -€1,828 | -21.8% |
| Other tangible fixed assets | 26 | €19,106 | €14,011 | -€5,094 | -26.7% |
| Financial fixed assets | 28 | €14,500 | €14,500 | = | 0.0% |
| Current assets | 29/58 | €453,999 | €918,959 | +€464,960 | +102% |
| Stocks and contracts in progress | 3 | €223,993 | €154,993 | -€69,000 | -30.8% |
| Stocks | 30/36 | €223,993 | €154,993 | -€69,000 | -30.8% |
| Amounts receivable within one year | 40/41 | €73,608 | €647,289 | +€573,681 | +779% |
| Trade receivables | 40 | - | €551,632 | +€551,632 | |
| Other amounts receivable | 41 | €73,608 | €95,657 | +€22,049 | +30.0% |
| Cash at bank and in hand | 54/58 | €132,281 | €91,737 | -€40,544 | -30.7% |
| Deferred charges and accrued income | 490/1 | €24,117 | €24,940 | +€823 | +3.4% |
| Total equity and liabilities | 10/49 | €653,753 | €1,084,784 | +€431,030 | +65.9% |
| Equity | 10/15 | €48,609 | €52,154 | +€3,545 | +7.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,349 | €37,894 | +€3,545 | +10.3% |
| Amounts payable | 17/49 | €605,144 | €1,032,629 | +€427,485 | +70.6% |
| Amounts payable after more than one year | 17 | - | €2,797 | +€2,797 | |
| Financial debts | 170/4 | - | €2,797 | +€2,797 | |
| Amounts payable within one year | 42/48 | €605,144 | €1,029,832 | +€424,688 | +70.2% |
| Current portion of amounts payable after more than one year | 42 | - | €10,875 | +€10,875 | |
| Trade debts | 44 | €517,450 | €880,052 | +€362,602 | +70.1% |
| Suppliers | 440/4 | €517,450 | €880,052 | +€362,602 | +70.1% |
| Taxes, remuneration and social security | 45 | €23,723 | €48,313 | +€24,591 | +104% |
| Taxes | 450/3 | €4,352 | €10,984 | +€6,631 | +152% |
| Remuneration and social security | 454/9 | €19,371 | €37,330 | +€17,959 | +92.7% |
| Other amounts payable | 47/48 | €63,971 | €90,591 | +€26,620 | +41.6% |
| Remuneration, social security and pensions | 62 | €188,658 | €275,346 | +€86,688 | +45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,481 | €33,263 | -€218 | -0.7% |
| Other operating charges | 640/8 | €49,384 | €54,687 | +€5,303 | +10.7% |
| Gross operating margin | 9900 | €282,242 | €391,129 | +€108,887 | +38.6% |
| Operating profit (loss) | 9901 | €10,719 | €27,833 | +€17,115 | +160% |
| Financial income | 75/76B | €29 | €29 | -€0 | -1.0% |
| Recurring financial income | 75 | €29 | €29 | -€0 | -1.0% |
| Financial charges | 65/66B | €10,621 | €16,865 | +€6,244 | +58.8% |
| Recurring financial charges | 65 | €10,621 | €16,865 | +€6,244 | +58.8% |
| Profit (loss) for the period before taxes | 9903 | €127 | €10,998 | +€10,871 | +8,547% |
| Income taxes | 67/77 | €3,558 | €7,452 | +€3,895 | +109% |
| Profit (loss) for the period | 9904 | -€3,431 | €3,545 | +€6,976 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,431 | €3,545 | +€6,976 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.