EnergyVision (ENRGY) Q4 2025 earnings summary

Executive summary

• Achieved record revenue of €173.0 million in 2025, up 73.6% year-over-year, and net profit more than doubled to €15.8 million.

• Successfully completed IPO on Euronext Brussels in July 2025, strengthening the balance sheet and supporting growth investments.

• Significant expansion in production assets, including acquisitions in wind turbines and Turbulent (hydropower), and became the largest public EV charging operator in Belgium.

• Customer satisfaction remains a core focus, with NPS of 40, Trustpilot score of 4.7, and exceptionally low churn.

Financial highlights

• Revenue increased by 73.6% to €173.0 million compared to the previous year.

• REBITDA rose 38.4% to €39.4 million; REBITDA margin was 22.7%.

• Net profit doubled to €15.8 million, with a reduced tax rate of 8.3%.

• Gross margin improved by 34.4% to €66.0 million; earnings per share rose to €0.268.

• Equity strengthened by €52.4 million following the IPO; total assets increased to €342.2 million.

Outlook and guidance

• Management expects at least 30% REBITDA growth in 2026, with 90% of 2026 REBITDA already secured.

• Plans to invest approximately €70 million in energy production, charging infrastructure, customer portfolios, and software.

• Mid-term objectives from the IPO prospectus remain on track, with potential upward revision in 2026.