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Belgium
In shortCenergy Holdings is profitable, generates cash and carries moderate debt, with revenue growing (+10.4% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 13.3% | 61/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 7.8% | 51/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 25.0% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 14.4% | 96/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.08× | 23/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.82× | 65/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.60× | 97/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 3.64× | 20/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.88 | 20/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 3.0% | 32/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.38× | 10/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 14.5% | 58/100 |
| Operating margin volatility | 3.1% | 81/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 19.4% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 83.3% | 100/100 |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 908 | 1,054 | 1,426 | 1,628 | 1,796 |
| Cost of revenue | 805 | 946 | 1,281 | 1,401 | 1,502 |
| Gross profit | 103 | 109 | 145 | 226 | 294 |
| Operating income | 66 | 58 | 100 | 169 | 240 |
| Interest expense | 32 | 29 | 37 | 75 | 66 |
| Pre-tax income | 35 | 31 | 70 | 95 | 179 |
| Income tax | 11 | 8.4 | 9.5 | 22 | 40 |
| Net income | 25 | 22 | 60 | 73 | 139 |
| Diluted EPS | €0.13 | €0.12 | €0.32 | €0.38 | €0.72 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
1.88 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2024 · Data updated Apr 9, 2025