NERGE.BE: what changed
Two fiscal 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.
NERGE.BE
Largest movements
- Receivables within one year +€223,366
up €223,366 (+198.7%), from €112,432 to €335,798
- Stocks and contracts -€21,687
down €21,687 (-22.1%), from €98,252 to €76,564
- Tangible fixed assets -€10,359
down €10,359 (-19.2%), from €54,062 to €43,704
- Advances received +€116,125
new in 2024: €116,125
- Trade debts +€49,379
up €49,379 (+41.3%), from €119,696 to €169,075
- Profit (loss) carried forward +€28,410
up €28,410 (+41.2%), from €68,981 to €97,391
- Tax, wage and social debts +€14,479
up €14,479 (+61.2%), from €23,642 to €38,121
of which Remuneration and social security: +€7,836
- Debts after one year -€13,802
down €13,802 (-31.5%), from €43,874 to €30,072
- Staff costs +€30,031
new in 2024: €30,031
- Gross operating margin +€23,243
up €23,243 (+31.7%), from €73,404 to €96,647
- Depreciation +€9,358
up €9,358 (+139.7%), from €6,701 to €16,059
- Other operating charges -€8,235
down €8,235 (-71.1%), from €11,590 to €3,355
- Financial charges +€2,891
up €2,891 (+256.1%), from €1,129 to €4,020
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.
Cash bridge derived
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 | €279,375 | €466,586 | +€187,211 | +67.0% |
| Fixed assets | 21/28 | €54,062 | €44,472 | -€9,590 | -17.7% |
| Tangible fixed assets | 22/27 | €54,062 | €43,704 | -€10,359 | -19.2% |
| Furniture and vehicles | 24 | €54,062 | €43,704 | -€10,359 | -19.2% |
| Financial fixed assets | 28 | - | €768 | +€768 | |
| Current assets | 29/58 | €225,313 | €422,114 | +€196,801 | +87.3% |
| Stocks and contracts in progress | 3 | €98,252 | €76,564 | -€21,687 | -22.1% |
| Stocks | 30/36 | €98,252 | €76,564 | -€21,687 | -22.1% |
| Amounts receivable within one year | 40/41 | €112,432 | €335,798 | +€223,366 | +198.7% |
| Trade receivables | 40 | €112,432 | €335,798 | +€223,366 | +198.7% |
| Cash at bank and in hand | 54/58 | €9,174 | €6,446 | -€2,727 | -29.7% |
| Deferred charges and accrued income | 490/1 | €5,455 | €3,305 | -€2,150 | -39.4% |
| Total equity and liabilities | 10/49 | €279,375 | €466,586 | +€187,211 | +67.0% |
| Equity | 10/15 | €70,981 | €99,391 | +€28,410 | +40.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,981 | €97,391 | +€28,410 | +41.2% |
| Amounts payable | 17/49 | €208,394 | €367,195 | +€158,801 | +76.2% |
| Amounts payable after more than one year | 17 | €43,874 | €30,072 | -€13,802 | -31.5% |
| Financial debts | 170/4 | €43,874 | €30,072 | -€13,802 | -31.5% |
| Amounts payable within one year | 42/48 | €164,521 | €337,123 | +€172,603 | +104.9% |
| Current portion of amounts payable after more than one year | 42 | €13,802 | €13,802 | = | 0.0% |
| Trade debts | 44 | €119,696 | €169,075 | +€49,379 | +41.3% |
| Suppliers | 440/4 | €119,696 | €169,075 | +€49,379 | +41.3% |
| Advances received on contracts in progress | 46 | - | €116,125 | +€116,125 | |
| Taxes, remuneration and social security | 45 | €23,642 | €38,121 | +€14,479 | +61.2% |
| Taxes | 450/3 | €23,642 | €30,285 | +€6,643 | +28.1% |
| Remuneration and social security | 454/9 | - | €7,836 | +€7,836 | |
| Other amounts payable | 47/48 | €7,381 | - | -€7,381 | |
| Remuneration, social security and pensions | 62 | - | €30,031 | +€30,031 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,701 | €16,059 | +€9,358 | +139.7% |
| Other operating charges | 640/8 | €11,590 | €3,355 | -€8,235 | -71.1% |
| Gross operating margin | 9900 | €73,404 | €96,647 | +€23,243 | +31.7% |
| Operating profit (loss) | 9901 | €55,113 | €47,202 | -€7,910 | -14.4% |
| Financial income | 75/76B | - | €109 | +€109 | |
| Recurring financial income | 75 | - | €109 | +€109 | |
| Financial charges | 65/66B | €1,129 | €4,020 | +€2,891 | +256.1% |
| Recurring financial charges | 65 | €1,129 | €4,020 | +€2,891 | +256.1% |
| Profit (loss) for the period before taxes | 9903 | €53,984 | €43,292 | -€10,692 | -19.8% |
| Income taxes | 67/77 | €13,406 | €14,881 | +€1,475 | +11.0% |
| Profit (loss) for the period | 9904 | €40,578 | €28,410 | -€12,168 | -30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,578 | €28,410 | -€12,168 | -30.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.