ENERGYZE: 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.
ENERGYZE
Largest movements
- Cash -€183,984
down €183,984 (-87.7%), from €209,760 to €25,776
mainly Contributions, distributions and other (-€150,000) and Current investments (-€26,701)
- Current investments +€26,701
up €26,701 (+31.8%), from €84,054 to €110,755
- Receivables within one year -€7,698
down €7,698 (-32.0%), from €24,062 to €16,364
of which Trade receivables: -€4,291
- Tangible fixed assets +€7,304
up €7,304 (+23.3%), from €31,281 to €38,585
of which Furniture and vehicles: +€8,285
- Profit (loss) carried forward -€141,144
down €141,144 (-47.3%), from €298,204 to €157,060
- Tax, wage and social debts -€18,139
down €18,139 (-51.8%), from €34,987 to €16,848
of which Taxes: -€16,139
- Financial charges +€35,422
up €35,422 (+795%), from €4,454 to €39,876
- Taxes +€2,546
up €2,546 (+22.0%), from €11,593 to €14,139
- Gross operating margin +€1,521
up €1,521 (+2.2%), from €70,189 to €71,710
- Financial income +€1,341
up €1,341 (+22,350%), from €6 to €1,347
- Other operating charges -€1,227
down €1,227 (-72.5%), from €1,693 to €466
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 | €349,162 | €193,836 | -€155,326 | -44.5% |
| Fixed assets | 21/28 | €31,281 | €38,585 | +€7,304 | +23.3% |
| Tangible fixed assets | 22/27 | €31,281 | €38,585 | +€7,304 | +23.3% |
| Plant, machinery and equipment | 23 | €3,355 | €1,036 | -€2,319 | -69.1% |
| Furniture and vehicles | 24 | €22,623 | €30,908 | +€8,285 | +36.6% |
| Other tangible fixed assets | 26 | €5,303 | €6,641 | +€1,338 | +25.2% |
| Current assets | 29/58 | €317,881 | €155,251 | -€162,630 | -51.2% |
| Amounts receivable within one year | 40/41 | €24,062 | €16,364 | -€7,698 | -32.0% |
| Trade receivables | 40 | €15,655 | €11,364 | -€4,291 | -27.4% |
| Other amounts receivable | 41 | €8,407 | €5,000 | -€3,407 | -40.5% |
| Current investments | 50/53 | €84,054 | €110,755 | +€26,701 | +31.8% |
| Cash at bank and in hand | 54/58 | €209,760 | €25,776 | -€183,984 | -87.7% |
| Deferred charges and accrued income | 490/1 | €5 | €2,356 | +€2,351 | +47,020% |
| Total equity and liabilities | 10/49 | €349,162 | €193,836 | -€155,326 | -44.5% |
| Equity | 10/15 | €299,204 | €158,060 | -€141,144 | -47.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €298,204 | €157,060 | -€141,144 | -47.3% |
| Amounts payable | 17/49 | €49,958 | €35,776 | -€14,182 | -28.4% |
| Amounts payable within one year | 42/48 | €49,958 | €35,776 | -€14,182 | -28.4% |
| Trade debts | 44 | €1,615 | €3,931 | +€2,316 | +143% |
| Suppliers | 440/4 | €1,615 | €3,931 | +€2,316 | +143% |
| Taxes, remuneration and social security | 45 | €34,987 | €16,848 | -€18,139 | -51.8% |
| Taxes | 450/3 | €32,987 | €16,848 | -€16,139 | -48.9% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €13,356 | €14,997 | +€1,641 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,130 | €9,720 | -€410 | -4.0% |
| Other operating charges | 640/8 | €1,693 | €466 | -€1,227 | -72.5% |
| Gross operating margin | 9900 | €70,189 | €71,710 | +€1,521 | +2.2% |
| Operating profit (loss) | 9901 | €58,366 | €61,524 | +€3,158 | +5.4% |
| Financial income | 75/76B | €6 | €1,347 | +€1,341 | +22,350% |
| Recurring financial income | 75 | €6 | €1,347 | +€1,341 | +22,350% |
| Financial charges | 65/66B | €4,454 | €39,876 | +€35,422 | +795% |
| Recurring financial charges | 65 | €4,454 | €39,876 | +€35,422 | +795% |
| Profit (loss) for the period before taxes | 9903 | €53,918 | €22,995 | -€30,923 | -57.4% |
| Income taxes | 67/77 | €11,593 | €14,139 | +€2,546 | +22.0% |
| Profit (loss) for the period | 9904 | €42,325 | €8,856 | -€33,469 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,325 | €8,856 | -€33,469 | -79.1% |
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 23 October 2026 via checked.be.