Stuart Energy: 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.
Stuart Energy
Largest movements
- Receivables within one year +€7,846
up €7,846 (+40863.5%), from €19 to €7,865
of which Trade receivables: +€7,860
- Cash -€1,548
down €1,548 (-58.5%), from €2,648 to €1,100
mainly Net result for the year (-€9,124) and Receivables within one year (-€7,846)
- Other debts +€12,211
up €12,211 (+118.0%), from €10,352 to €22,563
- Profit (loss) carried forward -€9,124
down €9,124 (-52.6%), from -€17,358 to -€26,483
- Tax, wage and social debts +€2,488
up €2,488 (+1071.6%), from €232 to €2,720
- Trade debts +€744
up €744 (+16.8%), from €4,441 to €5,185
- Gross operating margin +€4,879
up €4,879 (+36.4%), from -€13,407 to -€8,528
- Depreciation -€3,338
no longer reported in 2025 (was €3,338)
- Other operating charges -€210
down €210 (-35.8%), from €586 to €376
- Financial charges +€193
up €193 (+716.5%), from €27 to €220
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 | €2,667 | €8,985 | +€6,318 | +236.9% |
| Current assets | 29/58 | €2,667 | €8,985 | +€6,318 | +236.9% |
| Amounts receivable within one year | 40/41 | €19 | €7,865 | +€7,846 | +40863.5% |
| Trade receivables | 40 | €5 | €7,865 | +€7,860 | +163074.3% |
| Other amounts receivable | 41 | €14 | - | -€14 | |
| Cash at bank and in hand | 54/58 | €2,648 | €1,100 | -€1,548 | -58.5% |
| Deferred charges and accrued income | 490/1 | - | €20 | +€20 | |
| Total equity and liabilities | 10/49 | €2,667 | €8,985 | +€6,318 | +236.9% |
| Equity | 10/15 | -€12,358 | -€21,483 | -€9,124 | -73.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,358 | -€26,483 | -€9,124 | -52.6% |
| Amounts payable | 17/49 | €15,025 | €30,468 | +€15,442 | +102.8% |
| Amounts payable within one year | 42/48 | €15,025 | €30,468 | +€15,442 | +102.8% |
| Trade debts | 44 | €4,441 | €5,185 | +€744 | +16.8% |
| Suppliers | 440/4 | €4,441 | €5,185 | +€744 | +16.8% |
| Taxes, remuneration and social security | 45 | €232 | €2,720 | +€2,488 | +1071.6% |
| Taxes | 450/3 | €232 | €2,720 | +€2,488 | +1071.6% |
| Other amounts payable | 47/48 | €10,352 | €22,563 | +€12,211 | +118.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,338 | - | -€3,338 | |
| Other operating charges | 640/8 | €586 | €376 | -€210 | -35.8% |
| Gross operating margin | 9900 | -€13,407 | -€8,528 | +€4,879 | +36.4% |
| Operating profit (loss) | 9901 | -€17,332 | -€8,904 | +€8,427 | +48.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €27 | €220 | +€193 | +716.5% |
| Recurring financial charges | 65 | €27 | €220 | +€193 | +716.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,358 | -€9,124 | +€8,234 | +47.4% |
| Profit (loss) for the period | 9904 | -€17,358 | -€9,124 | +€8,234 | +47.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,358 | -€9,124 | +€8,234 | +47.4% |
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.