NRGIZZ: 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.
NRGIZZ
Largest movements
- Tangible fixed assets -€12,458
down €12,458 (-52.1%), from €23,932 to €11,474
of which Plant, machinery and equipment: -€10,067
- Stocks and contracts +€10,980
new in 2024: €10,980
- Receivables within one year +€7,520
up €7,520 (+33.9%), from €22,194 to €29,714
- Deferred charges and accrued income -€1,976
no longer reported in 2024 (was €1,976)
- Cash -€836
down €836 (-15.6%), from €5,351 to €4,515
mainly Other debts (-€26,211) and Stocks and contracts (-€10,980)
- Other debts -€26,211
down €26,211 (-74.8%), from €35,018 to €8,807
- Trade debts +€25,681
up €25,681 (+606.4%), from €4,235 to €29,916
- Debts after one year -€5,438
down €5,438 (-37.3%), from €14,572 to €9,135
- Tax, wage and social debts +€5,081
up €5,081 (+127.9%), from €3,973 to €9,054
- Profit (loss) carried forward +€3,647
up €3,647 (+13.2%), from -€27,713 to -€24,066
- Gross operating margin -€32,995
down €32,995 (-58.6%), from €56,345 to €23,349
- Depreciation -€19,666
down €19,666 (-61.2%), from €32,124 to €12,458
- Taxes +€2,200
up €2,200 (+108.9%), from €2,021 to €4,222
- Financial charges +€1,946
up €1,946 (+271.7%), from €716 to €2,662
- Financial income -€968
down €968 (-73.2%), from €1,322 to €355
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 | €53,653 | €56,883 | +€3,230 | +6.0% |
| Fixed assets | 21/28 | €24,132 | €11,674 | -€12,458 | -51.6% |
| Tangible fixed assets | 22/27 | €23,932 | €11,474 | -€12,458 | -52.1% |
| Plant, machinery and equipment | 23 | €18,737 | €8,670 | -€10,067 | -53.7% |
| Furniture and vehicles | 24 | €5,195 | €2,804 | -€2,391 | -46.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €29,521 | €45,210 | +€15,688 | +53.1% |
| Stocks and contracts in progress | 3 | - | €10,980 | +€10,980 | |
| Stocks | 30/36 | - | €10,980 | +€10,980 | |
| Amounts receivable within one year | 40/41 | €22,194 | €29,714 | +€7,520 | +33.9% |
| Trade receivables | 40 | €22,194 | €29,714 | +€7,520 | +33.9% |
| Cash at bank and in hand | 54/58 | €5,351 | €4,515 | -€836 | -15.6% |
| Deferred charges and accrued income | 490/1 | €1,976 | - | -€1,976 | |
| Total equity and liabilities | 10/49 | €53,653 | €56,883 | +€3,230 | +6.0% |
| Equity | 10/15 | -€9,113 | -€5,466 | +€3,647 | +40.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,713 | -€24,066 | +€3,647 | +13.2% |
| Amounts payable | 17/49 | €62,766 | €62,349 | -€417 | -0.7% |
| Amounts payable after more than one year | 17 | €14,572 | €9,135 | -€5,438 | -37.3% |
| Financial debts | 170/4 | €14,572 | €9,135 | -€5,438 | -37.3% |
| Amounts payable within one year | 42/48 | €48,194 | €53,214 | +€5,021 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €4,968 | €5,438 | +€469 | +9.5% |
| Trade debts | 44 | €4,235 | €29,916 | +€25,681 | +606.4% |
| Suppliers | 440/4 | €4,235 | €29,916 | +€25,681 | +606.4% |
| Taxes, remuneration and social security | 45 | €3,973 | €9,054 | +€5,081 | +127.9% |
| Taxes | 450/3 | €3,973 | €9,054 | +€5,081 | +127.9% |
| Other amounts payable | 47/48 | €35,018 | €8,807 | -€26,211 | -74.8% |
| Remuneration, social security and pensions | 62 | €700 | - | -€700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,124 | €12,458 | -€19,666 | -61.2% |
| Other operating charges | 640/8 | €351 | €200 | -€151 | -43.0% |
| Non-recurring operating charges | 66A | - | €10 | +€10 | |
| Gross operating margin | 9900 | €56,345 | €23,349 | -€32,995 | -58.6% |
| Operating profit (loss) | 9901 | €23,169 | €10,681 | -€12,489 | -53.9% |
| Financial income | 75/76B | €1,322 | €355 | -€968 | -73.2% |
| Recurring financial income | 75 | €1,322 | €355 | -€968 | -73.2% |
| Financial charges | 65/66B | €716 | €2,662 | +€1,946 | +271.7% |
| Recurring financial charges | 65 | €716 | €2,662 | +€1,946 | +271.7% |
| Profit (loss) for the period before taxes | 9903 | €23,776 | €8,374 | -€15,402 | -64.8% |
| Income taxes | 67/77 | €2,021 | €4,222 | +€2,200 | +108.9% |
| Profit (loss) for the period | 9904 | €21,755 | €4,152 | -€17,602 | -80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,755 | €4,152 | -€17,602 | -80.9% |
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 4 October 2026 via checked.be.