Enersynt: 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.
Enersynt
Largest movements
- Receivables within one year +€475,737
up €475,737 (+123%), from €387,599 to €863,336
of which Trade receivables: +€468,337
- Cash -€254,791
down €254,791 (-66.9%), from €380,761 to €125,970
mainly Receivables within one year (-€475,737) and Investment in fixed assets (net) (-€33,239)
- Deferred charges and accrued income +€24,107
up €24,107 (+143%), from €16,852 to €40,959
- Tangible fixed assets +€17,367
up €17,367 (+46.2%), from €37,604 to €54,971
of which Plant, machinery and equipment: +€16,739
- Tax, wage and social debts +€137,471
up €137,471 (+271%), from €50,735 to €188,206
of which Taxes: +€112,131
- Profit (loss) carried forward +€134,258
up €134,258 (+27.3%), from €491,843 to €626,101
- Trade debts -€16,774
down €16,774 (-7.3%), from €229,280 to €212,506
- Gross operating margin +€258,778
up €258,778 (+96.2%), from €268,895 to €527,673
- Staff costs +€162,648
up €162,648 (+99.8%), from €162,947 to €325,595
- Taxes +€23,716
up €23,716 (+93.8%), from €25,292 to €49,007
- Depreciation +€8,883
up €8,883 (+127%), from €6,989 to €15,872
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 | €825,132 | €1,087,552 | +€262,420 | +31.8% |
| Fixed assets | 21/28 | €39,920 | €57,287 | +€17,367 | +43.5% |
| Tangible fixed assets | 22/27 | €37,604 | €54,971 | +€17,367 | +46.2% |
| Plant, machinery and equipment | 23 | €31,370 | €48,109 | +€16,739 | +53.4% |
| Furniture and vehicles | 24 | €6,234 | €6,862 | +€628 | +10.1% |
| Financial fixed assets | 28 | €2,316 | €2,316 | = | 0.0% |
| Current assets | 29/58 | €785,212 | €1,030,265 | +€245,054 | +31.2% |
| Amounts receivable within one year | 40/41 | €387,599 | €863,336 | +€475,737 | +123% |
| Trade receivables | 40 | €383,499 | €851,836 | +€468,337 | +122% |
| Other amounts receivable | 41 | €4,100 | €11,500 | +€7,400 | +180% |
| Cash at bank and in hand | 54/58 | €380,761 | €125,970 | -€254,791 | -66.9% |
| Deferred charges and accrued income | 490/1 | €16,852 | €40,959 | +€24,107 | +143% |
| Total equity and liabilities | 10/49 | €825,132 | €1,087,552 | +€262,420 | +31.8% |
| Equity | 10/15 | €531,843 | €666,101 | +€134,258 | +25.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €491,843 | €626,101 | +€134,258 | +27.3% |
| Amounts payable | 17/49 | €293,289 | €421,451 | +€128,162 | +43.7% |
| Amounts payable within one year | 42/48 | €293,289 | €421,451 | +€128,162 | +43.7% |
| Trade debts | 44 | €229,280 | €212,506 | -€16,774 | -7.3% |
| Suppliers | 440/4 | €229,280 | €212,506 | -€16,774 | -7.3% |
| Taxes, remuneration and social security | 45 | €50,735 | €188,206 | +€137,471 | +271% |
| Taxes | 450/3 | €8,571 | €120,702 | +€112,131 | +1,308% |
| Remuneration and social security | 454/9 | €42,164 | €67,504 | +€25,340 | +60.1% |
| Other amounts payable | 47/48 | €13,274 | €20,740 | +€7,466 | +56.2% |
| Remuneration, social security and pensions | 62 | €162,947 | €325,595 | +€162,648 | +99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,989 | €15,872 | +€8,883 | +127% |
| Other operating charges | 640/8 | €387 | €1,453 | +€1,066 | +275% |
| Gross operating margin | 9900 | €268,895 | €527,673 | +€258,778 | +96.2% |
| Operating profit (loss) | 9901 | €98,571 | €184,753 | +€86,181 | +87.4% |
| Financial charges | 65/66B | €1,894 | €1,487 | -€407 | -21.5% |
| Recurring financial charges | 65 | €1,894 | €1,487 | -€407 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €96,677 | €183,266 | +€86,589 | +89.6% |
| Income taxes | 67/77 | €25,292 | €49,007 | +€23,716 | +93.8% |
| Profit (loss) for the period | 9904 | €71,385 | €134,258 | +€62,873 | +88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €71,385 | €134,258 | +€62,873 | +88.1% |
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 13 October 2026 via checked.be.