MODERN ENERGY: what changed
MODERN ENERGY
Largest movements
- Receivables within one year +€1,259
up €1,259 (+49.8%), from €2,526 to €3,785
- Cash -€234
down €234 (-96.1%), from €243 to €9
mainly Net result for the year (-€10,060) and Receivables within one year (-€1,259)
- Other debts +€11,556
up €11,556 (+76.9%), from €15,024 to €26,581
- Profit (loss) carried forward -€10,060
down €10,060 (-56.7%), from -€17,727 to -€27,787
- Trade debts -€472
no longer reported in 2025 (was €472)
- Gross operating margin +€2,227
up €2,227 (+19.7%), from -€11,285 to -€9,057
- Purchases and services -€2,227
down €2,227 (-19.7%), from €11,285 to €9,057
- Other operating charges +€828
up €828 (+475%), from €174 to €1,003
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,769 | €3,794 | +€1,025 | +37.0% |
| Current assets | 29/58 | €2,769 | €3,794 | +€1,025 | +37.0% |
| Amounts receivable within one year | 40/41 | €2,526 | €3,785 | +€1,259 | +49.8% |
| Other amounts receivable | 41 | €2,526 | €3,785 | +€1,259 | +49.8% |
| Cash at bank and in hand | 54/58 | €243 | €9 | -€234 | -96.1% |
| Total equity and liabilities | 10/49 | €2,769 | €3,794 | +€1,025 | +37.0% |
| Equity | 10/15 | -€12,727 | -€22,787 | -€10,060 | -79.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,727 | -€27,787 | -€10,060 | -56.7% |
| Amounts payable | 17/49 | €15,496 | €26,581 | +€11,085 | +71.5% |
| Amounts payable within one year | 42/48 | €15,496 | €26,581 | +€11,085 | +71.5% |
| Trade debts | 44 | €472 | - | -€472 | |
| Suppliers | 440/4 | €472 | - | -€472 | |
| Other amounts payable | 47/48 | €15,024 | €26,581 | +€11,556 | +76.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €11,285 | €9,057 | -€2,227 | -19.7% |
| Other operating charges | 640/8 | €174 | €1,003 | +€828 | +475% |
| Gross operating margin | 9900 | -€11,285 | -€9,057 | +€2,227 | +19.7% |
| Operating profit (loss) | 9901 | -€11,459 | -€10,060 | +€1,399 | +12.2% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Non-recurring financial income | 76B | €20 | - | -€20 | |
| Financial charges | 65/66B | €51 | - | -€51 | |
| Recurring financial charges | 65 | €51 | - | -€51 | |
| Profit (loss) for the period before taxes | 9903 | -€11,491 | -€10,060 | +€1,431 | +12.5% |
| Profit (loss) for the period | 9904 | -€11,491 | -€10,060 | +€1,431 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,491 | -€10,060 | +€1,431 | +12.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.