IFENERGIES: 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.
IFENERGIES
Largest movements
- Receivables within one year +€84,887
up €84,887 (+14.4%), from €591,423 to €676,309
of which Other amounts receivable: +€51,168
- Intangible fixed assets -€31,205
down €31,205 (-57.4%), from €54,372 to €23,166
- Profit (loss) carried forward +€60,604
up €60,604 (+24.7%), from €245,471 to €306,076
- Financial income +€57,819
up €57,819 (+5,090%), from €1,136 to €58,955
of which Non-recurring financial income: +€57,980
- Depreciation -€14,810
down €14,810 (-31.1%), from €47,563 to €32,752
- Financial charges -€6,290
down €6,290 (-27.2%), from €23,137 to €16,847
- Staff costs +€2,168
up €2,168 (+3.0%), from €72,110 to €74,278
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 | €707,606 | €765,812 | +€58,205 | +8.2% |
| Fixed assets | 21/28 | €107,833 | €73,060 | -€34,772 | -32.2% |
| Intangible fixed assets | 21 | €54,372 | €23,166 | -€31,205 | -57.4% |
| Tangible fixed assets | 22/27 | €1,971 | €424 | -€1,547 | -78.5% |
| Furniture and vehicles | 24 | €1,971 | €424 | -€1,547 | -78.5% |
| Financial fixed assets | 28 | €51,490 | €49,470 | -€2,020 | -3.9% |
| Current assets | 29/58 | €599,774 | €692,751 | +€92,978 | +15.5% |
| Amounts receivable within one year | 40/41 | €591,423 | €676,309 | +€84,887 | +14.4% |
| Trade receivables | 40 | €411,749 | €445,468 | +€33,719 | +8.2% |
| Other amounts receivable | 41 | €179,673 | €230,841 | +€51,168 | +28.5% |
| Cash at bank and in hand | 54/58 | €8,351 | €14,518 | +€6,167 | +73.8% |
| Deferred charges and accrued income | 490/1 | - | €1,924 | +€1,924 | |
| Total equity and liabilities | 10/49 | €707,606 | €765,812 | +€58,205 | +8.2% |
| Equity | 10/15 | €265,931 | €326,536 | +€60,604 | +22.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €245,471 | €306,076 | +€60,604 | +24.7% |
| Amounts payable | 17/49 | €441,675 | €439,276 | -€2,399 | -0.5% |
| Amounts payable within one year | 42/48 | €441,675 | €439,276 | -€2,399 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €3,000 | - | -€3,000 | |
| Financial debts | 43 | €400,000 | €400,000 | = | 0.0% |
| Credit institutions | 430/8 | €400,000 | €400,000 | = | 0.0% |
| Trade debts | 44 | €723 | €1,869 | +€1,145 | +158% |
| Suppliers | 440/4 | €723 | €1,869 | +€1,145 | +158% |
| Taxes, remuneration and social security | 45 | €17,859 | €15,211 | -€2,648 | -14.8% |
| Taxes | 450/3 | €4,689 | €4,088 | -€601 | -12.8% |
| Remuneration and social security | 454/9 | €13,169 | €11,122 | -€2,047 | -15.5% |
| Other amounts payable | 47/48 | €20,093 | €22,196 | +€2,103 | +10.5% |
| Remuneration, social security and pensions | 62 | €72,110 | €74,278 | +€2,168 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,563 | €32,752 | -€14,810 | -31.1% |
| Other operating charges | 640/8 | €755 | €828 | +€74 | +9.7% |
| Gross operating margin | 9900 | €128,034 | €126,907 | -€1,127 | -0.9% |
| Operating profit (loss) | 9901 | €7,606 | €19,048 | +€11,441 | +150% |
| Financial income | 75/76B | €1,136 | €58,955 | +€57,819 | +5,090% |
| Recurring financial income | 75 | €1,136 | €975 | -€161 | -14.1% |
| Non-recurring financial income | 76B | - | €57,980 | +€57,980 | |
| Financial charges | 65/66B | €23,137 | €16,847 | -€6,290 | -27.2% |
| Recurring financial charges | 65 | €23,137 | €16,847 | -€6,290 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,394 | €61,157 | +€75,551 | |
| Income taxes | 67/77 | - | €552 | +€552 | |
| Profit (loss) for the period | 9904 | -€14,394 | €60,604 | +€74,999 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,394 | €60,604 | +€74,999 |
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 27 October 2026 via checked.be.