ENERGY WORKX: 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 WORKX
Largest movements
- Stocks and contracts +€11,783
up €11,783 (+8.9%), from €131,851 to €143,634
- Receivables within one year +€7,263
up €7,263 (+11.2%), from €64,998 to €72,261
of which Other amounts receivable: +€5,401
- Tangible fixed assets -€5,516
down €5,516 (-43.3%), from €12,745 to €7,229
of which Furniture and vehicles: -€3,631
- Cash -€3,565
down €3,565 (-43.2%), from €8,247 to €4,682
mainly Net result for the year (-€16,603) and Stocks and contracts (-€11,783)
- Trade debts +€16,742
up €16,742 (+109%), from €15,396 to €32,139
- Reserves -€16,500
down €16,500 (-29.7%), from €55,500 to €39,000
- Debts after one year +€14,527
up €14,527 (+11.1%), from €130,501 to €145,028
- Gross operating margin -€17,772
down €17,772 (-80.2%), from €22,153 to €4,381
- Taxes -€1,724
down €1,724, from €1,700 to -€24
- Depreciation +€1,279
up €1,279 (+22.5%), from €5,675 to €6,954
- Financial income -€626
down €626 (-41.9%), from €1,496 to €869
- Other operating charges -€518
down €518 (-30.3%), from €1,709 to €1,191
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 | €226,346 | €239,215 | +€12,869 | +5.7% |
| Fixed assets | 21/28 | €16,682 | €13,289 | -€3,394 | -20.3% |
| Intangible fixed assets | 21 | €525 | €2,647 | +€2,122 | +404% |
| Tangible fixed assets | 22/27 | €12,745 | €7,229 | -€5,516 | -43.3% |
| Plant, machinery and equipment | 23 | €3,593 | €1,708 | -€1,885 | -52.5% |
| Furniture and vehicles | 24 | €9,152 | €5,521 | -€3,631 | -39.7% |
| Financial fixed assets | 28 | €3,412 | €3,412 | = | 0.0% |
| Current assets | 29/58 | €209,664 | €225,926 | +€16,262 | +7.8% |
| Stocks and contracts in progress | 3 | €131,851 | €143,634 | +€11,783 | +8.9% |
| Stocks | 30/36 | €131,851 | €143,634 | +€11,783 | +8.9% |
| Amounts receivable within one year | 40/41 | €64,998 | €72,261 | +€7,263 | +11.2% |
| Trade receivables | 40 | €34,333 | €36,195 | +€1,862 | +5.4% |
| Other amounts receivable | 41 | €30,666 | €36,067 | +€5,401 | +17.6% |
| Cash at bank and in hand | 54/58 | €8,247 | €4,682 | -€3,565 | -43.2% |
| Deferred charges and accrued income | 490/1 | €4,568 | €5,349 | +€781 | +17.1% |
| Total equity and liabilities | 10/49 | €226,346 | €239,215 | +€12,869 | +5.7% |
| Equity | 10/15 | €57,097 | €40,493 | -€16,603 | -29.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €55,500 | €39,000 | -€16,500 | -29.7% |
| Distributable reserves | 133 | €55,500 | €39,000 | -€16,500 | -29.7% |
| Profit (loss) carried forward | 14 | €597 | €493 | -€103 | -17.3% |
| Amounts payable | 17/49 | €169,250 | €198,722 | +€29,472 | +17.4% |
| Amounts payable after more than one year | 17 | €130,501 | €145,028 | +€14,527 | +11.1% |
| Financial debts | 170/4 | €130,501 | €145,028 | +€14,527 | +11.1% |
| Amounts payable within one year | 42/48 | €38,749 | €52,910 | +€14,160 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | €7,559 | €8,101 | +€542 | +7.2% |
| Financial debts | 43 | €11,684 | €10,705 | -€978 | -8.4% |
| Credit institutions | 430/8 | €11,684 | €10,705 | -€978 | -8.4% |
| Trade debts | 44 | €15,396 | €32,139 | +€16,742 | +109% |
| Suppliers | 440/4 | €15,396 | €32,139 | +€16,742 | +109% |
| Taxes, remuneration and social security | 45 | €181 | €93 | -€88 | -48.7% |
| Taxes | 450/3 | €181 | €93 | -€88 | -48.7% |
| Other amounts payable | 47/48 | €3,929 | €1,872 | -€2,057 | -52.4% |
| Accrued charges and deferred income | 492/3 | - | €784 | +€784 | |
| Non-recurring operating income | 76A | €1,203 | - | -€1,203 | |
| Remuneration, social security and pensions | 62 | €234 | - | -€234 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,675 | €6,954 | +€1,279 | +22.5% |
| Other operating charges | 640/8 | €1,709 | €1,191 | -€518 | -30.3% |
| Gross operating margin | 9900 | €22,153 | €4,381 | -€17,772 | -80.2% |
| Operating profit (loss) | 9901 | €14,535 | -€3,764 | -€18,299 | |
| Financial income | 75/76B | €1,496 | €869 | -€626 | -41.9% |
| Recurring financial income | 75 | €1,496 | €869 | -€626 | -41.9% |
| Financial charges | 65/66B | €13,939 | €13,732 | -€207 | -1.5% |
| Recurring financial charges | 65 | €13,939 | €13,732 | -€207 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €2,091 | -€16,627 | -€18,718 | |
| Income taxes | 67/77 | €1,700 | -€24 | -€1,724 | |
| Profit (loss) for the period | 9904 | €391 | -€16,603 | -€16,994 | |
| Profit (loss) for the period to be appropriated | 9905 | €391 | -€16,603 | -€16,994 |
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 27 October 2026 via checked.be.