NRG Construct: 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.
NRG Construct
Largest movements
- Deferred charges and accrued income +€38,004
new in 2023: €38,004
- Cash -€23,423
down €23,423 (-71.3%), from €32,867 to €9,444
mainly Deferred charges and accrued income (-€38,004) and Receivables within one year (-€23,378)
- Receivables within one year +€23,378
up €23,378 (+55.6%), from €42,080 to €65,458
of which Other amounts receivable: +€34,789
- Tangible fixed assets +€9,225
up €9,225 (+376.8%), from €2,448 to €11,673
of which Plant, machinery and equipment: +€5,550
- Profit (loss) carried forward +€22,451
new in 2023: €22,451
- Trade debts +€20,831
up €20,831 (+699.0%), from €2,980 to €23,811
- Tax, wage and social debts +€3,902
up €3,902 (+17.2%), from €22,632 to €26,534
- Gross operating margin -€55,369
down €55,369 (-62.2%), from €89,011 to €33,642
- Taxes -€14,439
down €14,439 (-65.8%), from €21,960 to €7,521
- Depreciation +€2,476
up €2,476 (+739.1%), from €335 to €2,811
- Financial charges -€1,348
down €1,348 (-92.6%), from €1,455 to €107
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,395 | €124,579 | +€47,184 | +61.0% |
| Fixed assets | 21/28 | €2,448 | €11,673 | +€9,225 | +376.8% |
| Tangible fixed assets | 22/27 | €2,448 | €11,673 | +€9,225 | +376.8% |
| Plant, machinery and equipment | 23 | - | €5,550 | +€5,550 | |
| Furniture and vehicles | 24 | €2,448 | €6,123 | +€3,675 | +150.1% |
| Current assets | 29/58 | €74,947 | €112,906 | +€37,959 | +50.6% |
| Amounts receivable within one year | 40/41 | €42,080 | €65,458 | +€23,378 | +55.6% |
| Trade receivables | 40 | €29,590 | €18,179 | -€11,411 | -38.6% |
| Other amounts receivable | 41 | €12,490 | €47,279 | +€34,789 | +278.5% |
| Cash at bank and in hand | 54/58 | €32,867 | €9,444 | -€23,423 | -71.3% |
| Deferred charges and accrued income | 490/1 | - | €38,004 | +€38,004 | |
| Total equity and liabilities | 10/49 | €77,395 | €124,579 | +€47,184 | +61.0% |
| Equity | 10/15 | €51,783 | €74,234 | +€22,451 | +43.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | - | €4,000 | +€4,000 | |
| Issued capital | 100 | - | €4,000 | +€4,000 | |
| Reserves | 13 | €47,783 | €47,783 | = | 0.0% |
| Distributable reserves | 133 | €47,783 | €47,783 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €22,451 | +€22,451 | |
| Amounts payable | 17/49 | €25,612 | €50,345 | +€24,733 | +96.6% |
| Amounts payable within one year | 42/48 | €25,612 | €50,345 | +€24,733 | +96.6% |
| Trade debts | 44 | €2,980 | €23,811 | +€20,831 | +699.0% |
| Suppliers | 440/4 | €2,980 | €23,811 | +€20,831 | +699.0% |
| Taxes, remuneration and social security | 45 | €22,632 | €26,534 | +€3,902 | +17.2% |
| Taxes | 450/3 | €22,632 | €26,534 | +€3,902 | +17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €335 | €2,811 | +€2,476 | +739.1% |
| Other operating charges | 640/8 | €580 | €763 | +€183 | +31.6% |
| Gross operating margin | 9900 | €89,011 | €33,642 | -€55,369 | -62.2% |
| Operating profit (loss) | 9901 | €88,096 | €30,068 | -€58,028 | -65.9% |
| Financial income | 75/76B | €55 | €11 | -€44 | -80.0% |
| Recurring financial income | 75 | €55 | €11 | -€44 | -80.0% |
| Financial charges | 65/66B | €1,455 | €107 | -€1,348 | -92.6% |
| Recurring financial charges | 65 | €1,455 | €107 | -€1,348 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €86,696 | €29,972 | -€56,724 | -65.4% |
| Income taxes | 67/77 | €21,960 | €7,521 | -€14,439 | -65.8% |
| Profit (loss) for the period | 9904 | €64,736 | €22,451 | -€42,285 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €64,736 | €22,451 | -€42,285 | -65.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.