Energyvision Nv · EURONEXT:ENRGY
Energyvision Nv — H1 2025 Earnings Presentation
19 slides from Energyvision Nv's earnings presentation, September 2025
Slide 1: H1 2025 Results
H1 2025 Results Recurring growth leads to record figures in H1 2025
Slide 2: Disclaimer
Disclaimer The contents of this document, including all statements made therein, are based on estimates, assumptions and other information currently available to the management. Certain statements in this presentation may be deemed to be forward-looking. Such forward-looking statements are based on
Slide 3: Key developments & business update
Key developments & business update
Slide 4: Half-year results 2025 - Our strongest first semester ever
Half-year results 2025 - Our strongest first semester ever First results as a listed company. Sales EBITDA Assets Use of Energy growth growth Portfolio chargers Supplier +47% +45% +23MWp +70% >78,000 PODs1 Further focus and EBITDA growth is Record figures in 23 MWp of new PV Particularly high expans
Slide 5: Market trends vs. EnergyVision
Market trends vs. EnergyVision Market trend 1: steep decline in number of new installations in Flanders (-46%) and Brussels (-65%). EnergyVision: EPC segment (Belgium) in line with market-trend, supporting EnergyVision’s strategy towards asset-based energy solutions.
Slide 6: Market trends vs. EnergyVision
Market trends vs. EnergyVision Market trend 2: favorable solar irradition (H1 2025 at 499 kWh/kWp vs. normalized 450 kWh/kWp) and a record on negative energy hours (407 hours H1 2025 vs. 480 hours FY 2024). EnergyVision: deviations from average solar irradiations have a limited impact of 1M€ on EBIT
Slide 7: Mid-year figures 2025
Mid-year figures 2025 Strength of business model in full force thanks to challenging market conditions. Key developments: Asset-Based • We combine production from our PV assets with consumption Mobility (through charge points and energy contracts). Charging • Integration of production and consumptio
Slide 8: Financial Performance
Financial Performance
Slide 9: H1 2025 Revenue bridge
H1 2025 Revenue bridge • Revenue growth of 47%, driven by strong increase in recurring business, while EPC business declines. Asset Based Asset Based Non Asset EPC Intersegmental Energy Mobility Based Energy
Slide 10: H1 2025: Revenue per Country
H1 2025: Revenue per Country • We more than double revenue in Belgium, while in foreign EPC markets we deliberately decrease our exposure, in line with the growth strategy and deployment of resources in the asset-based segments in the domestic market. +121% -11% -61%
Slide 11: H1 2025 P&L
H1 2025 P&L • EBITDA growth of 45%. • Net profit up to €4.5 million or +€3.0 million compared to previous year. Six months ended June 30 In million euro 2025 2024 25/24 25/24 Revenue 62.5 42.6 +19.9 47% Gross Margin 28.5 21.9 +6.6 30% Operating Costs -12.8 -11.4 -1.4 12% REBITDA 15.7 10.4 +5.3 50% M
Slide 12: Balance sheet and impact IPO on net debt
Balance sheet and impact IPO on net debt • Balance sheet total 274 million euro. • Net debt decreases to €71 million after impact IPO, providing additional room for growth. 6 mnths Full year H1 25 – In million euro 2025 2024 FY 24 Non-current assets 201.9 191.2 +18.0 Current assets 71.9 69.8 +2.1 To
Slide 13: ABE – Asset Based Energy
ABE – Asset Based Energy Total = 11.1 M€ Asset-based energy segment includes all activities linked to the production and valorisation of electricity Total = 7.3 M€ from our own production assets (from own solar panels). • After two years of moderate to weak solar irradiation, 2025 saw a record start
Slide 14: ABM – Asset Based Mobility
ABM – Asset Based Mobility The segment includes all activities linked to the operation of our charging infrastructure. • Once again strong growth of 80%. • REBITDA rose to 1.2 million € or a 76% increase compared to the same period last year. • The average offtake per charging point per month rose f
Slide 15: NABE - Non Asset Based Energy
NABE - Non Asset Based Energy This segment includes all activities related to our role as energy supplier. • This segment accounted for the largest revenue growth. • REBITDA remained limited as overhead costs still outweigh the early-stage portfolio. Profitability is expected to improve as the portf
Slide 16: EPC
EPC The EPC segment includes all activities regarding development and construction of assets. • The segment shows a 31% decline in revenue, but manages to maintain its REBITDA. This EPC segment is the only segment where market conditions in the PV sector are having an impact. • In China, we continue
Slide 17: Outlook
Outlook
Slide 18: Outlook
Outlook Management maintains its guidance for the mid-term objectives as stated in the prospectus and confirms that the group remains well on track to deliver on these targets.
Slide 19: Q&A
Q&A