EnergyTech Engineering: 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.
EnergyTech Engineering
Largest movements
- Current investments +€33,305
up €33,305 (+39.2%), from €85,035 to €118,340
- Receivables within one year +€19,746
up €19,746 (+358%), from €5,512 to €25,257
of which Trade receivables: +€17,896
- Cash -€14,617
down €14,617 (-2.0%), from €715,387 to €700,770
mainly Contributions, distributions and other (-€64,234) and Current investments (-€33,305)
- Reserves +€55,222
up €55,222 (+7.3%), from €757,825 to €813,047
- Gross operating margin -€92,198
down €92,198 (-34.9%), from €264,395 to €172,198
- Taxes -€22,456
down €22,456 (-30.6%), from €73,489 to €51,033
- Other operating charges -€14,314
down €14,314 (-87.9%), from €16,278 to €1,964
- Depreciation +€3,677
up €3,677 (+331%), from €1,112 to €4,789
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 | €813,028 | €856,198 | +€43,170 | +5.3% |
| Fixed assets | 21/28 | €4,400 | €9,320 | +€4,920 | +112% |
| Tangible fixed assets | 22/27 | €2,525 | €7,445 | +€4,920 | +195% |
| Furniture and vehicles | 24 | €2,525 | €7,445 | +€4,920 | +195% |
| Financial fixed assets | 28 | €1,875 | €1,875 | = | 0.0% |
| Current assets | 29/58 | €808,628 | €846,878 | +€38,250 | +4.7% |
| Amounts receivable within one year | 40/41 | €5,512 | €25,257 | +€19,746 | +358% |
| Trade receivables | 40 | €2,959 | €20,855 | +€17,896 | +605% |
| Other amounts receivable | 41 | €2,552 | €4,402 | +€1,850 | +72.5% |
| Current investments | 50/53 | €85,035 | €118,340 | +€33,305 | +39.2% |
| Cash at bank and in hand | 54/58 | €715,387 | €700,770 | -€14,617 | -2.0% |
| Deferred charges and accrued income | 490/1 | €2,694 | €2,510 | -€184 | -6.8% |
| Total equity and liabilities | 10/49 | €813,028 | €856,198 | +€43,170 | +5.3% |
| Equity | 10/15 | €772,085 | €827,307 | +€55,222 | +7.2% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €757,825 | €813,047 | +€55,222 | +7.3% |
| Distributable reserves | 133 | €757,825 | €813,047 | +€55,222 | +7.3% |
| Amounts payable | 17/49 | €40,944 | €28,892 | -€12,052 | -29.4% |
| Amounts payable within one year | 42/48 | €40,904 | €28,892 | -€12,012 | -29.4% |
| Trade debts | 44 | €9,706 | €4,907 | -€4,799 | -49.4% |
| Suppliers | 440/4 | €9,706 | €4,907 | -€4,799 | -49.4% |
| Taxes, remuneration and social security | 45 | €23,472 | €20,365 | -€3,108 | -13.2% |
| Taxes | 450/3 | €20,089 | €16,966 | -€3,123 | -15.5% |
| Remuneration and social security | 454/9 | €3,383 | €3,398 | +€15 | +0.4% |
| Other amounts payable | 47/48 | €7,725 | €3,619 | -€4,106 | -53.1% |
| Accrued charges and deferred income | 492/3 | €40 | - | -€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,112 | €4,789 | +€3,677 | +331% |
| Other operating charges | 640/8 | €16,278 | €1,964 | -€14,314 | -87.9% |
| Gross operating margin | 9900 | €264,395 | €172,198 | -€92,198 | -34.9% |
| Operating profit (loss) | 9901 | €247,005 | €165,444 | -€81,561 | -33.0% |
| Financial income | 75/76B | €2,835 | €5,231 | +€2,396 | +84.5% |
| Recurring financial income | 75 | €2,835 | €5,231 | +€2,396 | +84.5% |
| Financial charges | 65/66B | €42 | €185 | +€143 | +339% |
| Recurring financial charges | 65 | €42 | €185 | +€143 | +339% |
| Profit (loss) for the period before taxes | 9903 | €249,798 | €170,490 | -€79,308 | -31.7% |
| Income taxes | 67/77 | €73,489 | €51,033 | -€22,456 | -30.6% |
| Profit (loss) for the period | 9904 | €176,308 | €119,456 | -€56,852 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €176,308 | €119,456 | -€56,852 | -32.2% |
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 24 October 2026 via checked.be.