ENERNEW: 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.
ENERNEW
Largest movements
- Tangible fixed assets +€27,528
up €27,528 (+305%), from €9,034 to €36,563
- Receivables within one year -€25,254
down €25,254 (-56.1%), from €45,032 to €19,778
of which Other amounts receivable: -€20,403
- Current investments -€15,059
down €15,059 (-100%), from €15,059 to €0
- Cash +€2,557
up €2,557 (+348%), from €735 to €3,293
mainly Receivables within one year (+€25,254) and Current investments (+€15,059)
- Other debts -€18,920
down €18,920 (-14.8%), from €128,180 to €109,260
- Profit (loss) carried forward +€11,936
up €11,936 (+17.6%), from -€67,964 to -€56,029
- Tax, wage and social debts -€2,142
down €2,142 (-40.8%), from €5,251 to €3,109
- Gross operating margin +€50,355
up €50,355, from -€29,908 to €20,446
- Depreciation +€4,221
up €4,221 (+128%), from €3,286 to €7,507
- Other operating charges -€1,435
down €1,435 (-50.4%), from €2,845 to €1,410
- Financial income +€947
up €947 (+4,735%), from €20 to €967
- Financial charges -€447
down €447 (-59.3%), from €753 to €306
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 | €70,161 | €60,526 | -€9,635 | -13.7% |
| Fixed assets | 21/28 | €9,034 | €36,563 | +€27,528 | +305% |
| Tangible fixed assets | 22/27 | €9,034 | €36,563 | +€27,528 | +305% |
| Furniture and vehicles | 24 | €9,034 | €36,563 | +€27,528 | +305% |
| Current assets | 29/58 | €61,127 | €23,964 | -€37,164 | -60.8% |
| Amounts receivable within one year | 40/41 | €45,032 | €19,778 | -€25,254 | -56.1% |
| Trade receivables | 40 | €24,628 | €19,778 | -€4,851 | -19.7% |
| Other amounts receivable | 41 | €20,403 | €0 | -€20,403 | -100% |
| Current investments | 50/53 | €15,059 | €0 | -€15,059 | -100% |
| Cash at bank and in hand | 54/58 | €735 | €3,293 | +€2,557 | +348% |
| Deferred charges and accrued income | 490/1 | €301 | €893 | +€592 | +196% |
| Total equity and liabilities | 10/49 | €70,161 | €60,526 | -€9,635 | -13.7% |
| Equity | 10/15 | -€64,964 | -€53,029 | +€11,936 | +18.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,964 | -€56,029 | +€11,936 | +17.6% |
| Amounts payable | 17/49 | €135,126 | €113,555 | -€21,571 | -16.0% |
| Amounts payable within one year | 42/48 | €135,126 | €113,555 | -€21,571 | -16.0% |
| Trade debts | 44 | €1,695 | €1,187 | -€508 | -30.0% |
| Suppliers | 440/4 | €1,695 | €1,187 | -€508 | -30.0% |
| Taxes, remuneration and social security | 45 | €5,251 | €3,109 | -€2,142 | -40.8% |
| Taxes | 450/3 | €5,251 | €3,109 | -€2,142 | -40.8% |
| Other amounts payable | 47/48 | €128,180 | €109,260 | -€18,920 | -14.8% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,286 | €7,507 | +€4,221 | +128% |
| Other operating charges | 640/8 | €2,845 | €1,410 | -€1,435 | -50.4% |
| Gross operating margin | 9900 | -€29,908 | €20,446 | +€50,355 | |
| Operating profit (loss) | 9901 | -€36,040 | €11,529 | +€47,569 | |
| Financial income | 75/76B | €20 | €967 | +€947 | +4,735% |
| Recurring financial income | 75 | €20 | €967 | +€947 | +4,735% |
| Financial charges | 65/66B | €753 | €306 | -€447 | -59.3% |
| Recurring financial charges | 65 | €753 | €306 | -€447 | -59.3% |
| Profit (loss) for the period before taxes | 9903 | -€36,773 | €12,189 | +€48,963 | |
| Income taxes | 67/77 | €312 | €254 | -€59 | -18.8% |
| Profit (loss) for the period | 9904 | -€37,086 | €11,936 | +€49,021 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,086 | €11,936 | +€49,021 |
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 20 October 2026 via checked.be.