NRGi: 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.
NRGi
Largest movements
- Cash -€16,842
down €16,842 (-90.4%), from €18,635 to €1,794
mainly Net result for the year (-€16,992) and Receivables within one year (-€2,115)
- Receivables within one year +€2,115
up €2,115 (+19.5%), from €10,861 to €12,976
of which Other amounts receivable: +€2,322
- Profit (loss) carried forward -€16,992
down €16,992, from €6,428 to -€10,564
- Other debts +€2,003
up €2,003 (+16.7%), from €12,008 to €14,011
- Purchases and services +€12,395
up €12,395 (+62.4%), from €19,874 to €32,269
- Taxes -€5,177
no longer reported in 2025 (was €5,177)
- Gross operating margin +€654
up €654 (+3.8%), from -€17,338 to -€16,685
- Other operating charges -€394
no longer reported in 2025 (was €394)
- Turnover +€226
up €226 (+10.9%), from €2,066 to €2,292
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.
Cash bridge derived
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 | €30,197 | €15,207 | -€14,990 | -49.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €700 | €437 | -€263 | -37.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €700 | €437 | -€263 | -37.5% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €700 | €437 | -€263 | -37.5% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €29,497 | €14,770 | -€14,727 | -49.9% |
| Amounts receivable within one year | 40/41 | €10,861 | €12,976 | +€2,115 | +19.5% |
| Trade receivables | 40 | €2,500 | €2,292 | -€208 | -8.3% |
| Other amounts receivable | 41 | €8,362 | €10,684 | +€2,322 | +27.8% |
| Cash at bank and in hand | 54/58 | €18,635 | €1,794 | -€16,842 | -90.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €30,197 | €15,207 | -€14,990 | -49.6% |
| Equity | 10/15 | €18,188 | €1,196 | -€16,992 | -93.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,560 | €5,560 | = | 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% |
| Distributable reserves | 133 | €3,700 | €3,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,428 | -€10,564 | -€16,992 | |
| Amounts payable | 17/49 | €12,008 | €14,011 | +€2,003 | +16.7% |
| Amounts payable within one year | 42/48 | €12,008 | €14,011 | +€2,003 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €12,008 | €14,011 | +€2,003 | +16.7% |
| Turnover | 70 | €2,066 | €2,292 | +€226 | +10.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €19,874 | €32,269 | +€12,395 | +62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277 | €263 | -€15 | -5.3% |
| Other operating charges | 640/8 | €394 | - | -€394 | |
| Gross operating margin | 9900 | -€17,338 | -€16,685 | +€654 | +3.8% |
| Operating profit (loss) | 9901 | -€18,009 | -€16,947 | +€1,062 | +5.9% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,054 | -€16,992 | +€1,062 | +5.9% |
| Income taxes | 67/77 | €5,177 | - | -€5,177 | |
| Profit (loss) for the period | 9904 | -€23,232 | -€16,992 | +€6,240 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,232 | -€16,992 | +€6,240 | +26.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.