TENERGY: 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.
TENERGY
Largest movements
- Financial fixed assets +€6,000
up €6,000 (+100%), from €6,000 to €12,000
- Cash -€2,906
down €2,906 (-94.2%), from €3,084 to €178
mainly Investment in fixed assets (net) (-€6,000) and Tax, wage and social debts (-€3,037)
- Deferred charges and accrued income +€353
new in 2025: €353
- Profit (loss) carried forward +€4,362
up €4,362, from -€3,459 to €903
- Tax, wage and social debts -€3,037
down €3,037 (-83.1%), from €3,653 to €616
- Other debts +€2,923
up €2,923 (+58.5%), from €4,996 to €7,919
- Trade debts -€724
down €724 (-8.4%), from €8,572 to €7,848
- Gross operating margin +€23,277
up €23,277, from -€18,309 to €4,968
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 | €16,762 | €20,286 | +€3,524 | +21.0% |
| Fixed assets | 21/28 | €6,000 | €12,000 | +€6,000 | +100% |
| Financial fixed assets | 28 | €6,000 | €12,000 | +€6,000 | +100% |
| Current assets | 29/58 | €10,762 | €8,286 | -€2,476 | -23.0% |
| Amounts receivable within one year | 40/41 | €7,678 | €7,754 | +€77 | +1.0% |
| Trade receivables | 40 | €6,742 | €7,754 | +€1,012 | +15.0% |
| Other amounts receivable | 41 | €936 | €0 | -€936 | -100% |
| Cash at bank and in hand | 54/58 | €3,084 | €178 | -€2,906 | -94.2% |
| Deferred charges and accrued income | 490/1 | - | €353 | +€353 | |
| Total equity and liabilities | 10/49 | €16,762 | €20,286 | +€3,524 | +21.0% |
| Equity | 10/15 | -€459 | €3,903 | +€4,362 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,459 | €903 | +€4,362 | |
| Amounts payable | 17/49 | €17,221 | €16,383 | -€838 | -4.9% |
| Amounts payable within one year | 42/48 | €17,221 | €16,383 | -€838 | -4.9% |
| Trade debts | 44 | €8,572 | €7,848 | -€724 | -8.4% |
| Suppliers | 440/4 | €8,572 | €7,848 | -€724 | -8.4% |
| Taxes, remuneration and social security | 45 | €3,653 | €616 | -€3,037 | -83.1% |
| Taxes | 450/3 | €3,653 | €616 | -€3,037 | -83.1% |
| Other amounts payable | 47/48 | €4,996 | €7,919 | +€2,923 | +58.5% |
| Other operating charges | 640/8 | €387 | €470 | +€82 | +21.3% |
| Gross operating margin | 9900 | -€18,309 | €4,968 | +€23,277 | |
| Operating profit (loss) | 9901 | -€18,697 | €4,498 | +€23,195 | |
| Financial charges | 65/66B | €61 | €137 | +€75 | +123% |
| Recurring financial charges | 65 | €61 | €137 | +€75 | +123% |
| Profit (loss) for the period before taxes | 9903 | -€18,758 | €4,362 | +€23,119 | |
| Income taxes | 67/77 | €3 | - | -€3 | |
| Profit (loss) for the period | 9904 | -€18,760 | €4,362 | +€23,122 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,760 | €4,362 | +€23,122 |
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 13 October 2026 via checked.be.