SUPER 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.
SUPER ENERGY
Largest movements
- Current investments +€1.7m
new in 2025: €1.7m
- Cash +€972,212
up €972,212 (+14.3%), from €6.8m to €7.8m
mainly Net result for the year (+€3.7m) and Other debts (+€1.5m)
- Receivables within one year +€179,931
up €179,931 (+118%), from €152,801 to €332,732
of which Trade receivables: +€180,467
- Other debts +€1.5m
up €1.5m (+88.4%), from €1.7m to €3.3m
- Reserves +€1.2m
up €1.2m (+75.3%), from €1.6m to €2.7m
of which Tax-exempt reserves: +€999,997
- Trade debts +€145,255
up €145,255 (+4.0%), from €3.6m to €3.8m
- Gross operating margin +€3.2m
up €3.2m (+164%), from €2.0m to €5.2m
- Taxes +€829,345
up €829,345 (+160%), from €517,718 to €1.3m
- Financial charges +€260,949
up €260,949 (+102%), from €255,983 to €516,933
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,954,442 | €9,810,671 | +€2.9m | +41.1% |
| Fixed assets | 21/28 | €133 | €2,840 | +€2,707 | +2,033% |
| Tangible fixed assets | 22/27 | €133 | €2,840 | +€2,707 | +2,033% |
| Furniture and vehicles | 24 | €133 | €2,840 | +€2,707 | +2,033% |
| Current assets | 29/58 | €6,954,309 | €9,807,831 | +€2.9m | +41.0% |
| Amounts receivable within one year | 40/41 | €152,801 | €332,732 | +€179,931 | +118% |
| Trade receivables | 40 | €149,332 | €329,799 | +€180,467 | +121% |
| Other amounts receivable | 41 | €3,469 | €2,933 | -€536 | -15.4% |
| Current investments | 50/53 | - | €1,704,314 | +€1.7m | |
| Cash at bank and in hand | 54/58 | €6,798,572 | €7,770,784 | +€972,212 | +14.3% |
| Deferred charges and accrued income | 490/1 | €2,935 | - | -€2,935 | |
| Total equity and liabilities | 10/49 | €6,954,442 | €9,810,671 | +€2.9m | +41.1% |
| Equity | 10/15 | €1,563,074 | €2,735,140 | +€1.2m | +75.0% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €1,556,774 | €2,728,840 | +€1.2m | +75.3% |
| Tax-exempt reserves | 132 | - | €999,997 | +€999,997 | |
| Distributable reserves | 133 | €1,556,774 | €1,728,843 | +€172,068 | +11.1% |
| Amounts payable | 17/49 | €5,391,368 | €7,075,531 | +€1.7m | +31.2% |
| Amounts payable within one year | 42/48 | €5,391,368 | €7,075,531 | +€1.7m | +31.2% |
| Trade debts | 44 | €3,634,695 | €3,779,950 | +€145,255 | +4.0% |
| Suppliers | 440/4 | €3,634,695 | €3,779,950 | +€145,255 | +4.0% |
| Taxes, remuneration and social security | 45 | €21,112 | €25,310 | +€4,198 | +19.9% |
| Taxes | 450/3 | €21,112 | €25,310 | +€4,198 | +19.9% |
| Other amounts payable | 47/48 | €1,735,561 | €3,270,271 | +€1.5m | +88.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €408 | €918 | +€509 | +125% |
| Other operating charges | 640/8 | €1,391 | €1,279 | -€112 | -8.1% |
| Gross operating margin | 9900 | €1,968,876 | €5,207,659 | +€3.2m | +164% |
| Operating profit (loss) | 9901 | €1,967,076 | €5,205,462 | +€3.2m | +165% |
| Financial income | 75/76B | €356,707 | €330,600 | -€26,107 | -7.3% |
| Recurring financial income | 75 | €356,707 | €330,600 | -€26,107 | -7.3% |
| Financial charges | 65/66B | €255,983 | €516,933 | +€260,949 | +102% |
| Recurring financial charges | 65 | €255,983 | €516,933 | +€260,949 | +102% |
| Profit (loss) for the period before taxes | 9903 | €2,067,800 | €5,019,129 | +€3.0m | +143% |
| Income taxes | 67/77 | €517,718 | €1,347,063 | +€829,345 | +160% |
| Profit (loss) for the period | 9904 | €1,550,082 | €3,672,066 | +€2.1m | +137% |
| Transfer to tax-exempt reserves | 689 | - | €999,997 | +€999,997 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,550,082 | €2,672,068 | +€1.1m | +72.4% |
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 31 October 2026 via checked.be.