ENERGYZER: 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.
ENERGYZER
Largest movements
- Cash -€33,945
down €33,945 (-48.3%), from €70,329 to €36,385
mainly Contributions, distributions and other (-€152,557) and Tax, wage and social debts (-€2,238)
- Tangible fixed assets -€20,115
down €20,115 (-29.2%), from €68,876 to €48,761
of which Furniture and vehicles: -€19,227
- Receivables within one year -€10,171
down €10,171 (-33.6%), from €30,250 to €20,079
of which Trade receivables: -€15,125
- Reserves -€104,191
no longer reported in 2025 (was €104,191)
- Other debts +€43,538
up €43,538 (+87.8%), from €49,566 to €93,104
- Tax, wage and social debts -€2,238
down €2,238 (-20.7%), from €10,790 to €8,552
of which Taxes: -€2,238
- Financial charges -€5,916
down €5,916 (-98.8%), from €5,988 to €72
- Depreciation +€2,022
up €2,022 (+11.2%), from €18,094 to €20,115
- Financial income -€1,808
no longer reported in 2025 (was €1,808)
- Gross operating margin -€1,011
down €1,011 (-1.2%), from €87,381 to €86,370
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 | €169,959 | €105,694 | -€64,265 | -37.8% |
| Fixed assets | 21/28 | €68,876 | €48,761 | -€20,115 | -29.2% |
| Tangible fixed assets | 22/27 | €68,876 | €48,761 | -€20,115 | -29.2% |
| Plant, machinery and equipment | 23 | €2,502 | €1,613 | -€889 | -35.5% |
| Furniture and vehicles | 24 | €66,374 | €47,148 | -€19,227 | -29.0% |
| Current assets | 29/58 | €101,083 | €56,933 | -€44,150 | -43.7% |
| Amounts receivable within one year | 40/41 | €30,250 | €20,079 | -€10,171 | -33.6% |
| Trade receivables | 40 | €30,250 | €15,125 | -€15,125 | -50.0% |
| Other amounts receivable | 41 | - | €4,954 | +€4,954 | |
| Cash at bank and in hand | 54/58 | €70,329 | €36,385 | -€33,945 | -48.3% |
| Deferred charges and accrued income | 490/1 | €503 | €470 | -€34 | -6.7% |
| Total equity and liabilities | 10/49 | €169,959 | €105,694 | -€64,265 | -37.8% |
| Equity | 10/15 | €106,191 | €2,000 | -€104,191 | -98.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €104,191 | - | -€104,191 | |
| Distributable reserves | 133 | €104,191 | - | -€104,191 | |
| Amounts payable | 17/49 | €63,768 | €103,694 | +€39,926 | +62.6% |
| Amounts payable within one year | 42/48 | €62,518 | €102,444 | +€39,926 | +63.9% |
| Trade debts | 44 | €2,162 | €788 | -€1,374 | -63.6% |
| Suppliers | 440/4 | €2,162 | €788 | -€1,374 | -63.6% |
| Taxes, remuneration and social security | 45 | €10,790 | €8,552 | -€2,238 | -20.7% |
| Taxes | 450/3 | €9,790 | €7,552 | -€2,238 | -22.9% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €49,566 | €93,104 | +€43,538 | +87.8% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,094 | €20,115 | +€2,022 | +11.2% |
| Other operating charges | 640/8 | €691 | €837 | +€146 | +21.2% |
| Gross operating margin | 9900 | €87,381 | €86,370 | -€1,011 | -1.2% |
| Operating profit (loss) | 9901 | €68,597 | €65,418 | -€3,179 | -4.6% |
| Financial income | 75/76B | €1,808 | - | -€1,808 | |
| Recurring financial income | 75 | €1,808 | - | -€1,808 | |
| Financial charges | 65/66B | €5,988 | €72 | -€5,916 | -98.8% |
| Recurring financial charges | 65 | €5,988 | €72 | -€5,916 | -98.8% |
| Profit (loss) for the period before taxes | 9903 | €64,416 | €65,346 | +€929 | +1.4% |
| Income taxes | 67/77 | €16,925 | €16,980 | +€55 | +0.3% |
| Profit (loss) for the period | 9904 | €47,491 | €48,366 | +€875 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,491 | €48,366 | +€875 | +1.8% |
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 25 October 2026 via checked.be.