ENERMOZA: 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.
ENERMOZA
Largest movements
- Receivables within one year +€32,157
up €32,157 (+2,122%), from €1,516 to €33,673
of which Trade receivables: +€33,673
- Cash -€15,641
down €15,641 (-52.3%), from €29,905 to €14,264
mainly Receivables within one year (-€32,157) and Net result for the year (-€16,509)
- Deferred charges and accrued income -€1,940
down €1,940 (-24.0%), from €8,080 to €6,141
- Tangible fixed assets -€1,820
down €1,820 (-31.5%), from €5,785 to €3,965
of which Furniture and vehicles: -€1,650
- Trade debts +€21,617
up €21,617 (+324%), from €6,675 to €28,291
- Profit (loss) carried forward -€16,509
down €16,509 (-101%), from -€16,271 to -€32,780
- Other debts +€10,526
up €10,526 (+41.6%), from €25,315 to €35,840
- Tax, wage and social debts -€2,893
down €2,893 (-35.8%), from €8,077 to €5,185
of which Remuneration and social security: -€3,848
- Financial charges +€3,264
up €3,264 (+288%), from €1,134 to €4,398
- Gross operating margin +€2,570
up €2,570 (+21.9%), from -€11,740 to -€9,170
- Depreciation -€679
down €679 (-27.2%), from €2,499 to €1,820
- Taxes +€219
up €219 (+125%), from €176 to €394
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 | €60,287 | €73,043 | +€12,756 | +21.2% |
| Fixed assets | 21/28 | €5,785 | €3,965 | -€1,820 | -31.5% |
| Tangible fixed assets | 22/27 | €5,785 | €3,965 | -€1,820 | -31.5% |
| Plant, machinery and equipment | 23 | €1,683 | €1,513 | -€170 | -10.1% |
| Furniture and vehicles | 24 | €4,102 | €2,452 | -€1,650 | -40.2% |
| Current assets | 29/58 | €54,502 | €69,078 | +€14,576 | +26.7% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,516 | €33,673 | +€32,157 | +2,122% |
| Trade receivables | 40 | - | €33,673 | +€33,673 | |
| Other amounts receivable | 41 | €1,516 | €0 | -€1,516 | -100% |
| Cash at bank and in hand | 54/58 | €29,905 | €14,264 | -€15,641 | -52.3% |
| Deferred charges and accrued income | 490/1 | €8,080 | €6,141 | -€1,940 | -24.0% |
| Total equity and liabilities | 10/49 | €60,287 | €73,043 | +€12,756 | +21.2% |
| Equity | 10/15 | €18,369 | €1,860 | -€16,509 | -89.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,040 | €16,040 | = | 0.0% |
| Distributable reserves | 133 | €16,040 | €16,040 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,271 | -€32,780 | -€16,509 | -101% |
| Amounts payable | 17/49 | €41,918 | €71,183 | +€29,265 | +69.8% |
| Amounts payable within one year | 42/48 | €40,066 | €69,316 | +€29,250 | +73.0% |
| Trade debts | 44 | €6,675 | €28,291 | +€21,617 | +324% |
| Suppliers | 440/4 | €6,675 | €28,291 | +€21,617 | +324% |
| Taxes, remuneration and social security | 45 | €8,077 | €5,185 | -€2,893 | -35.8% |
| Taxes | 450/3 | €4,229 | €5,185 | +€956 | +22.6% |
| Remuneration and social security | 454/9 | €3,848 | €0 | -€3,848 | -100% |
| Other amounts payable | 47/48 | €25,315 | €35,840 | +€10,526 | +41.6% |
| Accrued charges and deferred income | 492/3 | €1,852 | €1,867 | +€15 | +0.8% |
| Non-recurring operating income | 76A | - | €1,096 | +€1,096 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,499 | €1,820 | -€679 | -27.2% |
| Other operating charges | 640/8 | €722 | €726 | +€4 | +0.5% |
| Gross operating margin | 9900 | -€11,740 | -€9,170 | +€2,570 | +21.9% |
| Operating profit (loss) | 9901 | -€14,961 | -€11,716 | +€3,246 | +21.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,134 | €4,398 | +€3,264 | +288% |
| Recurring financial charges | 65 | €1,134 | €4,398 | +€3,264 | +288% |
| Profit (loss) for the period before taxes | 9903 | -€16,096 | -€16,114 | -€19 | -0.1% |
| Income taxes | 67/77 | €176 | €394 | +€219 | +125% |
| Profit (loss) for the period | 9904 | -€16,271 | -€16,509 | -€237 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,271 | -€16,509 | -€237 | -1.5% |
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 29 October 2026 via checked.be.