NRJ+: 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.
NRJ+
Largest movements
- Receivables within one year +€61,095
up €61,095 (+373.3%), from €16,367 to €77,462
of which Trade receivables: +€57,830
- Cash -€14,113
down €14,113 (-33.3%), from €42,392 to €28,279
mainly Receivables within one year (-€61,095) and Contributions, distributions and other (-€7,573)
- Stocks and contracts -€10,183
down €10,183 (-77.8%), from €13,081 to €2,898
- Trade debts +€40,022
up €40,022 (+313.8%), from €12,756 to €52,778
- Reserves -€7,000
down €7,000 (-26.9%), from €26,000 to €19,000
- Tax, wage and social debts +€6,751
up €6,751 (+38.5%), from €17,520 to €24,271
of which Remuneration and social security: +€11,811
- Other debts -€1,609
down €1,609 (-9.5%), from €16,872 to €15,263
- Profit (loss) carried forward -€1,245
down €1,245 (-38.9%), from €3,198 to €1,953
- Gross operating margin -€20,481
down €20,481 (-28.3%), from €72,363 to €51,882
- Taxes -€4,510
down €4,510 (-71.7%), from €6,294 to €1,784
- Staff costs -€3,249
down €3,249 (-6.1%), from €52,921 to €49,672
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 | €76,446 | €113,364 | +€36,918 | +48.3% |
| Fixed assets | 21/28 | €1,056 | €602 | -€454 | -43.0% |
| Tangible fixed assets | 22/27 | €1,056 | €602 | -€454 | -43.0% |
| Plant, machinery and equipment | 23 | €1,056 | €602 | -€454 | -43.0% |
| Current assets | 29/58 | €75,390 | €112,762 | +€37,372 | +49.6% |
| Stocks and contracts in progress | 3 | €13,081 | €2,898 | -€10,183 | -77.8% |
| Stocks | 30/36 | €13,081 | €2,898 | -€10,183 | -77.8% |
| Amounts receivable within one year | 40/41 | €16,367 | €77,462 | +€61,095 | +373.3% |
| Trade receivables | 40 | €11,431 | €69,261 | +€57,830 | +505.9% |
| Other amounts receivable | 41 | €4,936 | €8,201 | +€3,265 | +66.1% |
| Cash at bank and in hand | 54/58 | €42,392 | €28,279 | -€14,113 | -33.3% |
| Deferred charges and accrued income | 490/1 | €3,549 | €4,123 | +€574 | +16.2% |
| Total equity and liabilities | 10/49 | €76,446 | €113,364 | +€36,918 | +48.3% |
| Equity | 10/15 | €29,298 | €21,053 | -€8,245 | -28.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €26,000 | €19,000 | -€7,000 | -26.9% |
| Distributable reserves | 133 | €26,000 | €19,000 | -€7,000 | -26.9% |
| Profit (loss) carried forward | 14 | €3,198 | €1,953 | -€1,245 | -38.9% |
| Amounts payable | 17/49 | €47,147 | €92,311 | +€45,163 | +95.8% |
| Amounts payable within one year | 42/48 | €47,147 | €92,311 | +€45,163 | +95.8% |
| Trade debts | 44 | €12,756 | €52,778 | +€40,022 | +313.8% |
| Suppliers | 440/4 | €12,756 | €52,778 | +€40,022 | +313.8% |
| Taxes, remuneration and social security | 45 | €17,520 | €24,271 | +€6,751 | +38.5% |
| Taxes | 450/3 | €14,011 | €8,951 | -€5,060 | -36.1% |
| Remuneration and social security | 454/9 | €3,508 | €15,319 | +€11,811 | +336.6% |
| Other amounts payable | 47/48 | €16,872 | €15,263 | -€1,609 | -9.5% |
| Remuneration, social security and pensions | 62 | €52,921 | €49,672 | -€3,249 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €568 | €454 | -€114 | -20.1% |
| Other operating charges | 640/8 | €472 | €559 | +€87 | +18.4% |
| Gross operating margin | 9900 | €72,363 | €51,882 | -€20,481 | -28.3% |
| Operating profit (loss) | 9901 | €18,402 | €1,197 | -€17,205 | -93.5% |
| Financial income | 75/76B | €54 | €105 | +€51 | +94.1% |
| Recurring financial income | 75 | €54 | €105 | +€51 | +94.1% |
| Financial charges | 65/66B | €289 | €190 | -€99 | -34.1% |
| Recurring financial charges | 65 | €289 | €190 | -€99 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | €18,167 | €1,112 | -€17,055 | -93.9% |
| Income taxes | 67/77 | €6,294 | €1,784 | -€4,510 | -71.7% |
| Profit (loss) for the period | 9904 | €11,873 | -€672 | -€12,545 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,873 | -€672 | -€12,545 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.