ENERSCHOOL: 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.
ENERSCHOOL
Largest movements
- Tangible fixed assets -€327,724
down €327,724 (-18.7%), from €1.8m to €1.4m
of which Plant, machinery and equipment: -€335,246
- Deferred charges and accrued income -€293,415
down €293,415 (-73.4%), from €399,620 to €106,205
- Receivables within one year +€175,828
up €175,828 (+139%), from €126,131 to €301,958
of which Trade receivables: +€88,486
- Cash +€151,871
up €151,871 (+59.0%), from €257,569 to €409,440
mainly Depreciation (+€340,236) and Deferred charges and accrued income (+€293,415)
- Current portion of long-term debt -€281,153
down €281,153 (-42.8%), from €657,184 to €376,031
- Debts after one year -€88,020
down €88,020 (-10.5%), from €834,838 to €746,818
- Profit (loss) carried forward +€52,897
new in 2024: €52,897
- Reserves +€50,000
up €50,000 (+7.3%), from €682,774 to €732,774
- Trade debts -€32,125
down €32,125 (-51.2%), from €62,696 to €30,571
- Gross operating margin -€100,225
down €100,225 (-15.6%), from €641,527 to €541,302
- Staff costs -€46,610
down €46,610 (-66.9%), from €69,686 to €23,076
- Taxes -€20,035
down €20,035 (-30.8%), from €65,020 to €44,985
- Financial charges -€7,814
down €7,814 (-23.2%), from €33,651 to €25,836
of which Financial charges: -€7,108
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,536,066 | €2,242,626 | -€293,440 | -11.6% |
| Fixed assets | 21/28 | €1,752,747 | €1,425,023 | -€327,724 | -18.7% |
| Tangible fixed assets | 22/27 | €1,752,747 | €1,425,023 | -€327,724 | -18.7% |
| Plant, machinery and equipment | 23 | €1,742,342 | €1,407,096 | -€335,246 | -19.2% |
| Furniture and vehicles | 24 | €8,720 | €7,175 | -€1,545 | -17.7% |
| Other tangible fixed assets | 26 | €1,684 | €10,752 | +€9,067 | +538% |
| Current assets | 29/58 | €783,319 | €817,603 | +€34,284 | +4.4% |
| Amounts receivable within one year | 40/41 | €126,131 | €301,958 | +€175,828 | +139% |
| Trade receivables | 40 | €4,901 | €93,387 | +€88,486 | +1,806% |
| Other amounts receivable | 41 | €121,230 | €208,571 | +€87,341 | +72.0% |
| Cash at bank and in hand | 54/58 | €257,569 | €409,440 | +€151,871 | +59.0% |
| Deferred charges and accrued income | 490/1 | €399,620 | €106,205 | -€293,415 | -73.4% |
| Total equity and liabilities | 10/49 | €2,536,066 | €2,242,626 | -€293,440 | -11.6% |
| Equity | 10/15 | €869,774 | €972,671 | +€102,897 | +11.8% |
| Contributions | 10/11 | €187,000 | €187,000 | = | 0.0% |
| Reserves | 13 | €682,774 | €732,774 | +€50,000 | +7.3% |
| Distributable reserves | 133 | €682,774 | €732,774 | +€50,000 | +7.3% |
| Profit (loss) carried forward | 14 | - | €52,897 | +€52,897 | |
| Amounts payable | 17/49 | €1,666,292 | €1,269,955 | -€396,337 | -23.8% |
| Amounts payable after more than one year | 17 | €834,838 | €746,818 | -€88,020 | -10.5% |
| Financial debts | 170/4 | €834,838 | €746,818 | -€88,020 | -10.5% |
| Amounts payable within one year | 42/48 | €831,454 | €523,137 | -€308,317 | -37.1% |
| Current portion of amounts payable after more than one year | 42 | €657,184 | €376,031 | -€281,153 | -42.8% |
| Trade debts | 44 | €62,696 | €30,571 | -€32,125 | -51.2% |
| Suppliers | 440/4 | €62,696 | €30,571 | -€32,125 | -51.2% |
| Advances received on contracts in progress | 46 | - | €775 | +€775 | |
| Taxes, remuneration and social security | 45 | €65,068 | €93,624 | +€28,555 | +43.9% |
| Taxes | 450/3 | €37,488 | €86,125 | +€48,637 | +130% |
| Remuneration and social security | 454/9 | €27,581 | €7,499 | -€20,082 | -72.8% |
| Other amounts payable | 47/48 | €46,506 | €22,137 | -€24,369 | -52.4% |
| Remuneration, social security and pensions | 62 | €69,686 | €23,076 | -€46,610 | -66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €340,268 | €340,236 | -€32 | 0.0% |
| Other operating charges | 640/8 | €93 | €4,297 | +€4,204 | +4,524% |
| Gross operating margin | 9900 | €641,527 | €541,302 | -€100,225 | -15.6% |
| Operating profit (loss) | 9901 | €231,481 | €173,694 | -€57,787 | -25.0% |
| Financial income | 75/76B | €1 | €24 | +€24 | +3,251% |
| Recurring financial income | 75 | €1 | €24 | +€24 | +3,251% |
| Financial charges | 65/66B | €33,651 | €25,836 | -€7,814 | -23.2% |
| Recurring financial charges | 65 | €32,944 | €25,836 | -€7,108 | -21.6% |
| Non-recurring financial charges | 66B | €707 | - | -€707 | |
| Profit (loss) for the period before taxes | 9903 | €197,831 | €147,882 | -€49,949 | -25.2% |
| Income taxes | 67/77 | €65,020 | €44,985 | -€20,035 | -30.8% |
| Profit (loss) for the period | 9904 | €132,810 | €102,897 | -€29,914 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €132,810 | €102,897 | -€29,914 | -22.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.