Enerledge: 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.
Enerledge
Largest movements
- Receivables within one year +€261,297
up €261,297 (+1426.6%), from €18,316 to €279,613
of which Trade receivables: +€251,348
- Cash +€94,078
up €94,078 (+130.8%), from €71,951 to €166,029
mainly Accrued charges and deferred income (+€160,147) and Net result for the year (+€76,792)
- Current investments +€17,807
up €17,807 (+23.1%), from €76,976 to €94,783
- Stocks and contracts -€7,549
down €7,549 (-78.1%), from €9,668 to €2,119
- Accrued charges and deferred income +€160,147
up €160,147 (+1323528.3%), from €12 to €160,159
- Tax, wage and social debts +€57,375
up €57,375 (+695.9%), from €8,245 to €65,620
- Other debts +€55,990
up €55,990 (+2169.0%), from €2,581 to €58,572
- Profit (loss) carried forward +€50,788
up €50,788 (+34.6%), from €146,983 to €197,771
- Current portion of long-term debt +€18,358
new in 2025: €18,358
- Gross operating margin +€65,252
up €65,252 (+164.9%), from €39,564 to €104,816
- Taxes +€13,170
up €13,170 (+168.3%), from €7,824 to €20,994
- Provisions +€5,205
new in 2025: €5,205
- Financial income +€2,932
up €2,932 (+185.6%), from €1,579 to €4,512
- Depreciation +€1,188
up €1,188 (+28.5%), from €4,174 to €5,361
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.
Cash bridge derived
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 | €184,004 | €546,111 | +€362,107 | +196.8% |
| Fixed assets | 21/28 | €6,225 | €2,778 | -€3,447 | -55.4% |
| Tangible fixed assets | 22/27 | €6,225 | €2,778 | -€3,447 | -55.4% |
| Plant, machinery and equipment | 23 | - | €519 | +€519 | |
| Furniture and vehicles | 24 | €6,225 | €2,259 | -€3,966 | -63.7% |
| Current assets | 29/58 | €177,779 | €543,332 | +€365,553 | +205.6% |
| Stocks and contracts in progress | 3 | €9,668 | €2,119 | -€7,549 | -78.1% |
| Stocks | 30/36 | €9,668 | €2,119 | -€7,549 | -78.1% |
| Amounts receivable within one year | 40/41 | €18,316 | €279,613 | +€261,297 | +1426.6% |
| Trade receivables | 40 | €16,137 | €267,485 | +€251,348 | +1557.6% |
| Other amounts receivable | 41 | €2,179 | €12,129 | +€9,949 | +456.5% |
| Current investments | 50/53 | €76,976 | €94,783 | +€17,807 | +23.1% |
| Cash at bank and in hand | 54/58 | €71,951 | €166,029 | +€94,078 | +130.8% |
| Deferred charges and accrued income | 490/1 | €868 | €789 | -€80 | -9.2% |
| Total equity and liabilities | 10/49 | €184,004 | €546,111 | +€362,107 | +196.8% |
| Equity | 10/15 | €171,439 | €218,231 | +€46,792 | +27.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,856 | €1,860 | -€3,996 | -68.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,996 | - | -€3,996 | |
| Profit (loss) carried forward | 14 | €146,983 | €197,771 | +€50,788 | +34.6% |
| Provisions and deferred taxes | 16 | - | €5,205 | +€5,205 | |
| Provisions for liabilities and charges | 160/5 | - | €5,205 | +€5,205 | |
| Major repairs and maintenance | 162 | - | €5,205 | +€5,205 | |
| Amounts payable | 17/49 | €12,565 | €322,675 | +€310,109 | +2468.0% |
| Amounts payable within one year | 42/48 | €12,553 | €162,516 | +€149,963 | +1194.6% |
| Current portion of amounts payable after more than one year | 42 | - | €18,358 | +€18,358 | |
| Financial debts | 43 | €217 | €1,025 | +€808 | +371.9% |
| Credit institutions | 430/8 | €217 | €1,025 | +€808 | +371.9% |
| Trade debts | 44 | €1,510 | €18,941 | +€17,431 | +1154.4% |
| Suppliers | 440/4 | €1,510 | €18,941 | +€17,431 | +1154.4% |
| Taxes, remuneration and social security | 45 | €8,245 | €65,620 | +€57,375 | +695.9% |
| Taxes | 450/3 | €8,245 | €65,620 | +€57,375 | +695.9% |
| Other amounts payable | 47/48 | €2,581 | €58,572 | +€55,990 | +2169.0% |
| Accrued charges and deferred income | 492/3 | €12 | €160,159 | +€160,147 | +1323528.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,174 | €5,361 | +€1,188 | +28.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €5,205 | +€5,205 | |
| Other operating charges | 640/8 | €871 | €205 | -€666 | -76.5% |
| Gross operating margin | 9900 | €39,564 | €104,816 | +€65,252 | +164.9% |
| Operating profit (loss) | 9901 | €34,519 | €94,045 | +€59,526 | +172.4% |
| Financial income | 75/76B | €1,579 | €4,512 | +€2,932 | +185.6% |
| Recurring financial income | 75 | €1,579 | €4,512 | +€2,932 | +185.6% |
| Financial charges | 65/66B | €453 | €771 | +€317 | +70.0% |
| Recurring financial charges | 65 | €453 | €771 | +€317 | +70.0% |
| Profit (loss) for the period before taxes | 9903 | €35,645 | €97,786 | +€62,141 | +174.3% |
| Income taxes | 67/77 | €7,824 | €20,994 | +€13,170 | +168.3% |
| Profit (loss) for the period | 9904 | €27,821 | €76,792 | +€48,971 | +176.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,821 | €76,792 | +€48,971 | +176.0% |
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 9 October 2026 via checked.be.