EnergyCenter: 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.
EnergyCenter
Largest movements
- Receivables within one year +€8.4m
up €8.4m (+972%), from €868,524 to €9.3m
of which Trade receivables: +€7.1m
- Deferred charges and accrued income +€1.9m
up €1.9m (+120%), from €1.6m to €3.5m
- Other debts +€5.2m
new in 2025: €5.2m
- Trade debts +€5.0m
up €5.0m (+256%), from €2.0m to €7.0m
- Gross operating margin -€59,293
down €59,293 (-86.2%), from €68,756 to €9,463
- Taxes -€22,627
down €22,627 (-97.7%), from €23,155 to €528
- Financial income -€14,067
no longer reported in 2025 (was €14,067)
- Financial charges +€4,886
up €4,886 (+237%), from €2,064 to €6,950
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 | €2,535,412 | €12,774,597 | +€10.2m | +404% |
| Fixed assets | 21/28 | €93,000 | - | -€93,000 | |
| Financial fixed assets | 28 | €93,000 | - | -€93,000 | |
| Current assets | 29/58 | €2,442,412 | €12,774,597 | +€10.3m | +423% |
| Amounts receivable within one year | 40/41 | €868,524 | €9,314,037 | +€8.4m | +972% |
| Trade receivables | 40 | €307,976 | €7,421,562 | +€7.1m | +2,310% |
| Other amounts receivable | 41 | €560,548 | €1,892,475 | +€1.3m | +238% |
| Current investments | 50/53 | - | €6,670 | +€6,670 | |
| Cash at bank and in hand | 54/58 | €6,227 | - | -€6,227 | |
| Deferred charges and accrued income | 490/1 | €1,567,661 | €3,453,890 | +€1.9m | +120% |
| Total equity and liabilities | 10/49 | €2,535,412 | €12,774,597 | +€10.2m | +404% |
| Equity | 10/15 | €561,949 | €563,533 | +€1,584 | +0.3% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €61,949 | €63,533 | +€1,584 | +2.6% |
| Distributable reserves | 133 | €61,949 | €63,533 | +€1,584 | +2.6% |
| Amounts payable | 17/49 | €1,973,463 | €12,211,064 | +€10.2m | +519% |
| Amounts payable within one year | 42/48 | €1,973,463 | €12,211,064 | +€10.2m | +519% |
| Trade debts | 44 | €1,951,562 | €6,951,900 | +€5.0m | +256% |
| Suppliers | 440/4 | €1,951,562 | €6,951,900 | +€5.0m | +256% |
| Taxes, remuneration and social security | 45 | €21,901 | €22,430 | +€529 | +2.4% |
| Taxes | 450/3 | €21,901 | €22,430 | +€529 | +2.4% |
| Other amounts payable | 47/48 | - | €5,236,734 | +€5.2m | |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.3% |
| Gross operating margin | 9900 | €68,756 | €9,463 | -€59,293 | -86.2% |
| Operating profit (loss) | 9901 | €68,368 | €9,063 | -€59,305 | -86.7% |
| Financial income | 75/76B | €14,067 | - | -€14,067 | |
| Recurring financial income | 75 | €14,067 | - | -€14,067 | |
| Financial charges | 65/66B | €2,064 | €6,950 | +€4,886 | +237% |
| Recurring financial charges | 65 | €2,064 | €6,950 | +€4,886 | +237% |
| Profit (loss) for the period before taxes | 9903 | €80,372 | €2,113 | -€78,259 | -97.4% |
| Income taxes | 67/77 | €23,155 | €528 | -€22,627 | -97.7% |
| Profit (loss) for the period | 9904 | €57,216 | €1,585 | -€55,631 | -97.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,216 | €1,585 | -€55,631 | -97.2% |
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 16 October 2026 via checked.be.