ENERIUS: 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.
ENERIUS
Largest movements
- Tangible fixed assets +€340,802
up €340,802 (+977%), from €34,881 to €375,683
of which Land and buildings: +€347,059
- Deferred charges and accrued income +€26,955
up €26,955 (+5,281%), from €510 to €27,465
- Cash +€16,770
up €16,770 (+70.4%), from €23,811 to €40,581
mainly Debts after one year (+€274,749) and Net result for the year (+€53,487)
- Receivables within one year -€12,916
down €12,916 (-94.4%), from €13,684 to €768
of which Trade receivables: -€13,619
- Debts after one year +€274,749
new in 2025: €274,749
- Reserves +€53,487
up €53,487 (+129%), from €41,385 to €94,872
- Advances received +€32,670
new in 2025: €32,670
- Tax, wage and social debts +€14,594
up €14,594 (+79.7%), from €18,301 to €32,895
of which Taxes: +€12,640
- Accrued charges and deferred income -€9,746
down €9,746 (-91.2%), from €10,691 to €944
- Gross operating margin +€18,986
up €18,986 (+31.1%), from €60,998 to €79,985
- Depreciation +€5,392
up €5,392 (+82.0%), from €6,577 to €11,969
- Taxes +€3,258
up €3,258 (+29.1%), from €11,211 to €14,469
- Financial charges -€1,782
down €1,782 (-96.7%), from €1,843 to €60
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 | €72,886 | €444,497 | +€371,611 | +510% |
| Fixed assets | 21/28 | €34,881 | €375,683 | +€340,802 | +977% |
| Tangible fixed assets | 22/27 | €34,881 | €375,683 | +€340,802 | +977% |
| Land and buildings | 22 | - | €347,059 | +€347,059 | |
| Furniture and vehicles | 24 | €34,881 | €28,066 | -€6,815 | -19.5% |
| Other tangible fixed assets | 26 | - | €558 | +€558 | |
| Current assets | 29/58 | €38,006 | €68,814 | +€30,809 | +81.1% |
| Amounts receivable within one year | 40/41 | €13,684 | €768 | -€12,916 | -94.4% |
| Trade receivables | 40 | €13,619 | - | -€13,619 | |
| Other amounts receivable | 41 | €66 | €768 | +€703 | +1,069% |
| Cash at bank and in hand | 54/58 | €23,811 | €40,581 | +€16,770 | +70.4% |
| Deferred charges and accrued income | 490/1 | €510 | €27,465 | +€26,955 | +5,281% |
| Total equity and liabilities | 10/49 | €72,886 | €444,497 | +€371,611 | +510% |
| Equity | 10/15 | €43,885 | €97,372 | +€53,487 | +122% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €41,385 | €94,872 | +€53,487 | +129% |
| Distributable reserves | 133 | €41,385 | €94,872 | +€53,487 | +129% |
| Amounts payable | 17/49 | €29,001 | €347,125 | +€318,124 | +1,097% |
| Amounts payable after more than one year | 17 | - | €274,749 | +€274,749 | |
| Financial debts | 170/4 | - | €274,749 | +€274,749 | |
| Amounts payable within one year | 42/48 | €18,311 | €71,432 | +€53,121 | +290% |
| Current portion of amounts payable after more than one year | 42 | - | €3,999 | +€3,999 | |
| Financial debts | 43 | €10 | - | -€10 | |
| Credit institutions | 430/8 | €10 | - | -€10 | |
| Trade debts | 44 | - | €522 | +€522 | |
| Suppliers | 440/4 | - | €522 | +€522 | |
| Advances received on contracts in progress | 46 | - | €32,670 | +€32,670 | |
| Taxes, remuneration and social security | 45 | €18,301 | €32,895 | +€14,594 | +79.7% |
| Taxes | 450/3 | €18,111 | €30,750 | +€12,640 | +69.8% |
| Remuneration and social security | 454/9 | €190 | €2,145 | +€1,955 | +1,029% |
| Other amounts payable | 47/48 | - | €1,347 | +€1,347 | |
| Accrued charges and deferred income | 492/3 | €10,691 | €944 | -€9,746 | -91.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,577 | €11,969 | +€5,392 | +82.0% |
| Gross operating margin | 9900 | €60,998 | €79,985 | +€18,986 | +31.1% |
| Operating profit (loss) | 9901 | €54,422 | €68,016 | +€13,594 | +25.0% |
| Financial income | 75/76B | €18 | €0 | -€17 | -98.0% |
| Recurring financial income | 75 | €18 | €0 | -€17 | -98.0% |
| Financial charges | 65/66B | €1,843 | €60 | -€1,782 | -96.7% |
| Recurring financial charges | 65 | €1,843 | €60 | -€1,782 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | €52,596 | €67,956 | +€15,360 | +29.2% |
| Income taxes | 67/77 | €11,211 | €14,469 | +€3,258 | +29.1% |
| Profit (loss) for the period | 9904 | €41,385 | €53,487 | +€12,102 | +29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,385 | €53,487 | +€12,102 | +29.2% |
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 14 October 2026 via checked.be.