ENERJOTEC: 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.
ENERJOTEC
Largest movements
- Tangible fixed assets -€48,577
down €48,577 (-71.9%), from €67,574 to €18,997
of which Furniture and vehicles: -€45,778
- Receivables within one year +€24,807
up €24,807 (+272%), from €9,121 to €33,928
of which Other amounts receivable: +€22,602
- Stocks and contracts +€9,806
up €9,806 (+821%), from €1,194 to €11,000
- Cash -€4,129
down €4,129 (-28.9%), from €14,301 to €10,171
mainly Other debts (-€26,973) and Receivables within one year (-€24,807)
- Intangible fixed assets -€2,500
down €2,500 (-100%), from €2,500 to €0
- Other debts -€26,973
down €26,973 (-100%), from €26,973 to €0
- Advances received +€11,883
up €11,883 (+173%), from €6,867 to €18,750
- Debts after one year -€11,628
down €11,628 (-56.9%), from €20,450 to €8,822
- Reserves +€9,000
up €9,000, from €0 to €9,000
- Trade debts -€3,200
down €3,200 (-22.1%), from €14,492 to €11,292
- Gross operating margin -€19,481
down €19,481 (-43.8%), from €44,473 to €24,992
- Depreciation -€13,944
down €13,944 (-57.2%), from €24,363 to €10,419
- Taxes -€1,584
down €1,584 (-33.9%), from €4,678 to €3,094
- Other operating charges -€1,064
down €1,064 (-55.0%), from €1,936 to €872
- Financial charges -€531
down €531 (-31.6%), from €1,682 to €1,151
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 | €95,677 | €74,626 | -€21,051 | -22.0% |
| Fixed assets | 21/28 | €70,074 | €18,997 | -€51,077 | -72.9% |
| Intangible fixed assets | 21 | €2,500 | €0 | -€2,500 | -100% |
| Tangible fixed assets | 22/27 | €67,574 | €18,997 | -€48,577 | -71.9% |
| Plant, machinery and equipment | 23 | €5,195 | €2,396 | -€2,799 | -53.9% |
| Furniture and vehicles | 24 | €62,379 | €16,601 | -€45,778 | -73.4% |
| Current assets | 29/58 | €25,603 | €55,629 | +€30,026 | +117% |
| Stocks and contracts in progress | 3 | €1,194 | €11,000 | +€9,806 | +821% |
| Stocks | 30/36 | €1,194 | €11,000 | +€9,806 | +821% |
| Amounts receivable within one year | 40/41 | €9,121 | €33,928 | +€24,807 | +272% |
| Trade receivables | 40 | €4,524 | €6,729 | +€2,204 | +48.7% |
| Other amounts receivable | 41 | €4,597 | €27,199 | +€22,602 | +492% |
| Cash at bank and in hand | 54/58 | €14,301 | €10,171 | -€4,129 | -28.9% |
| Deferred charges and accrued income | 490/1 | €986 | €529 | -€457 | -46.4% |
| Total equity and liabilities | 10/49 | €95,677 | €74,626 | -€21,051 | -22.0% |
| Equity | 10/15 | €5,269 | €14,791 | +€9,522 | +181% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | €9,000 | +€9,000 | |
| Distributable reserves | 133 | €0 | €9,000 | +€9,000 | |
| Profit (loss) carried forward | 14 | €269 | €791 | +€522 | +195% |
| Amounts payable | 17/49 | €90,408 | €59,835 | -€30,573 | -33.8% |
| Amounts payable after more than one year | 17 | €20,450 | €8,822 | -€11,628 | -56.9% |
| Financial debts | 170/4 | €20,450 | €8,822 | -€11,628 | -56.9% |
| Amounts payable within one year | 42/48 | €69,958 | €51,013 | -€18,945 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €13,846 | €13,149 | -€697 | -5.0% |
| Trade debts | 44 | €14,492 | €11,292 | -€3,200 | -22.1% |
| Suppliers | 440/4 | €14,492 | €11,292 | -€3,200 | -22.1% |
| Advances received on contracts in progress | 46 | €6,867 | €18,750 | +€11,883 | +173% |
| Taxes, remuneration and social security | 45 | €7,780 | €7,822 | +€42 | +0.5% |
| Taxes | 450/3 | €7,780 | €7,822 | +€42 | +0.5% |
| Other amounts payable | 47/48 | €26,973 | €0 | -€26,973 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,363 | €10,419 | -€13,944 | -57.2% |
| Other operating charges | 640/8 | €1,936 | €872 | -€1,064 | -55.0% |
| Non-recurring operating charges | 66A | €102 | €129 | +€27 | +26.9% |
| Gross operating margin | 9900 | €44,473 | €24,992 | -€19,481 | -43.8% |
| Operating profit (loss) | 9901 | €18,072 | €13,571 | -€4,501 | -24.9% |
| Financial income | 75/76B | €211 | €196 | -€16 | -7.4% |
| Recurring financial income | 75 | €211 | €196 | -€16 | -7.4% |
| Financial charges | 65/66B | €1,682 | €1,151 | -€531 | -31.6% |
| Recurring financial charges | 65 | €1,682 | €1,151 | -€531 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €16,601 | €12,616 | -€3,985 | -24.0% |
| Income taxes | 67/77 | €4,678 | €3,094 | -€1,584 | -33.9% |
| Profit (loss) for the period | 9904 | €11,923 | €9,522 | -€2,401 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,923 | €9,522 | -€2,401 | -20.1% |
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 16 October 2026 via checked.be.