ENERGYTRENDS: 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.
ENERGYTRENDS
Largest movements
- Cash -€23,693
down €23,693 (-55.0%), from €43,061 to €19,368
mainly Net result for the year (-€27,741) and Tax, wage and social debts (-€15,440)
- Profit (loss) carried forward -€27,741
down €27,741 (-93.4%), from -€29,696 to -€57,436
- Other debts +€19,023
up €19,023 (+436%), from €4,368 to €23,391
- Tax, wage and social debts -€15,440
down €15,440 (-98.7%), from €15,637 to €197
- Gross operating margin +€2,453
up €2,453 (+8.3%), from -€29,558 to -€27,105
- Other operating charges +€400
new in 2025: €400
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 | €44,569 | €20,436 | -€24,133 | -54.1% |
| Current assets | 29/58 | €44,569 | €20,436 | -€24,133 | -54.1% |
| Amounts receivable within one year | 40/41 | €1,508 | €1,068 | -€440 | -29.2% |
| Trade receivables | 40 | €723 | €978 | +€254 | +35.2% |
| Other amounts receivable | 41 | €784 | €90 | -€694 | -88.5% |
| Cash at bank and in hand | 54/58 | €43,061 | €19,368 | -€23,693 | -55.0% |
| Total equity and liabilities | 10/49 | €44,569 | €20,436 | -€24,133 | -54.1% |
| Equity | 10/15 | €24,564 | -€3,176 | -€27,741 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €51,260 | €51,260 | = | 0.0% |
| Distributable reserves | 133 | €51,260 | €51,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,696 | -€57,436 | -€27,741 | -93.4% |
| Amounts payable | 17/49 | €20,005 | €23,612 | +€3,607 | +18.0% |
| Amounts payable within one year | 42/48 | €20,005 | €23,612 | +€3,607 | +18.0% |
| Trade debts | 44 | - | €24 | +€24 | |
| Suppliers | 440/4 | - | €24 | +€24 | |
| Taxes, remuneration and social security | 45 | €15,637 | €197 | -€15,440 | -98.7% |
| Taxes | 450/3 | €15,637 | €197 | -€15,440 | -98.7% |
| Other amounts payable | 47/48 | €4,368 | €23,391 | +€19,023 | +436% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€29,558 | -€27,105 | +€2,453 | +8.3% |
| Operating profit (loss) | 9901 | -€29,558 | -€27,505 | +€2,053 | +6.9% |
| Financial charges | 65/66B | €138 | €236 | +€98 | +70.8% |
| Recurring financial charges | 65 | €138 | €236 | +€98 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | -€29,696 | -€27,741 | +€1,955 | +6.6% |
| Profit (loss) for the period | 9904 | -€29,696 | -€27,741 | +€1,955 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,696 | -€27,741 | +€1,955 | +6.6% |
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 26 October 2026 via checked.be.