NRJ SAVING: 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.
What changed
NRJ SAVING
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€258,023
2024 · -€27,317+€285,340
Equity
€474,144
2024 · €216,121+€258,023
Cash
€610
2024 · €4,792-€4,182
Balance sheet total
€2.4m
2024 · €1.4m+€997,499
Largest movements
Assets
- Stocks and contracts +€918,900
up €918,900 (+542%), from €169,479 to €1.1m
- Receivables within one year +€105,326
up €105,326 (+9.3%), from €1.1m to €1.2m
of which Other amounts receivable: +€106,620
Equity and liabilities
- Debts after one year +€473,088
up €473,088 (+484%), from €97,760 to €570,848
- Other debts +€262,506
up €262,506 (+32.4%), from €810,209 to €1.1m
- Profit (loss) carried forward +€258,023
up €258,023 (+132%), from €196,121 to €454,144
- Accrued charges and deferred income -€58,284
down €58,284 (-99.7%), from €58,484 to €200
- Tax, wage and social debts +€31,171
new in 2025: €31,171
Income statement
- Gross operating margin +€364,335
up €364,335, from -€42,174 to €322,161
- Taxes +€80,810
up €80,810 (+22,396%), from €361 to €81,171
- Financial income +€4,449
up €4,449 (+9.0%), from €49,547 to €53,996
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.
Result 2024
-€27,317
Gross operating margin
+€364,335
Depreciation
-€2,155
Write-downs
+€1,500
Other operating charges
+€615
Financial income
+€4,449
Financial charges
-€2,594
Taxes
-€80,810
Result 2025
€258,023
raises the resultlowers the result
Derived cash bridge
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.
From operations
-€475,227
Investment
-€2,945
Financing
+€473,990
Cash 2024
€4,792
From operations (derived)
-€475,227
Net result for the year
+€258,023
Depreciation
+€25,315
Stocks and contracts
-€918,900
Receivables within one year
-€105,326
Deferred charges and accrued income
+€175
Trade debts
+€30,093
Tax, wage and social debts
+€31,171
Other debts
+€262,506
Accrued charges and deferred income
-€58,284
Investment (derived)
-€2,945
Investment in fixed assets (net)
-€2,945
Financing
+€473,990
Debts after one year
+€473,088
Current portion of long-term debt
+€812
Short-term financial debts
+€90
Cash 2025
€610
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,420,038 | €2,417,537 | +€997,499 | +70.2% |
| Fixed assets | 21/28 | €112,195 | €89,824 | -€22,370 | -19.9% |
| Tangible fixed assets | 22/27 | €92,545 | €72,174 | -€20,370 | -22.0% |
| Furniture and vehicles | 24 | €92,545 | €72,174 | -€20,370 | -22.0% |
| Financial fixed assets | 28 | €19,650 | €17,650 | -€2,000 | -10.2% |
| Current assets | 29/58 | €1,307,844 | €2,327,713 | +€1.0m | +78.0% |
| Stocks and contracts in progress | 3 | €169,479 | €1,088,380 | +€918,900 | +542% |
| Stocks | 30/36 | €169,479 | €1,088,380 | +€918,900 | +542% |
| Amounts receivable within one year | 40/41 | €1,128,953 | €1,234,278 | +€105,326 | +9.3% |
| Trade receivables | 40 | €95,143 | €93,849 | -€1,294 | -1.4% |
| Other amounts receivable | 41 | €1,033,810 | €1,140,430 | +€106,620 | +10.3% |
| Cash at bank and in hand | 54/58 | €4,792 | €610 | -€4,182 | -87.3% |
| Deferred charges and accrued income | 490/1 | €4,620 | €4,445 | -€175 | -3.8% |
| Total equity and liabilities | 10/49 | €1,420,038 | €2,417,537 | +€997,499 | +70.2% |
| Equity | 10/15 | €216,121 | €474,144 | +€258,023 | +119% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,121 | €454,144 | +€258,023 | +132% |
| Amounts payable | 17/49 | €1,203,918 | €1,943,393 | +€739,475 | +61.4% |
| Amounts payable after more than one year | 17 | €97,760 | €570,848 | +€473,088 | +484% |
| Financial debts | 170/4 | €97,760 | €570,848 | +€473,088 | +484% |
| Amounts payable within one year | 42/48 | €1,047,674 | €1,372,345 | +€324,671 | +31.0% |
| Current portion of amounts payable after more than one year | 42 | €19,301 | €20,113 | +€812 | +4.2% |
| Financial debts | 43 | €12,677 | €12,766 | +€90 | +0.7% |
| Credit institutions | 430/8 | €12,677 | €12,766 | +€90 | +0.7% |
| Trade debts | 44 | €205,488 | €235,580 | +€30,093 | +14.6% |
| Suppliers | 440/4 | €205,488 | €235,580 | +€30,093 | +14.6% |
| Taxes, remuneration and social security | 45 | - | €31,171 | +€31,171 | |
| Taxes | 450/3 | - | €31,171 | +€31,171 | |
| Other amounts payable | 47/48 | €810,209 | €1,072,715 | +€262,506 | +32.4% |
| Accrued charges and deferred income | 492/3 | €58,484 | €200 | -€58,284 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,161 | €25,315 | +€2,155 | +9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,500 | - | -€1,500 | |
| Other operating charges | 640/8 | €1,820 | €1,205 | -€615 | -33.8% |
| Gross operating margin | 9900 | -€42,174 | €322,161 | +€364,335 | |
| Operating profit (loss) | 9901 | -€68,654 | €295,641 | +€364,296 | |
| Financial income | 75/76B | €49,547 | €53,996 | +€4,449 | +9.0% |
| Recurring financial income | 75 | €49,547 | €53,996 | +€4,449 | +9.0% |
| Financial charges | 65/66B | €7,849 | €10,443 | +€2,594 | +33.0% |
| Recurring financial charges | 65 | €7,849 | €10,443 | +€2,594 | +33.0% |
| Profit (loss) for the period before taxes | 9903 | -€26,956 | €339,195 | +€366,151 | |
| Income taxes | 67/77 | €361 | €81,171 | +€80,810 | +22,396% |
| Profit (loss) for the period | 9904 | -€27,317 | €258,023 | +€285,340 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,317 | €258,023 | +€285,340 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.