07
Financial data
Our group's financial figures for the past year.
The audited, consolidated figures, in accordance with IFRS.
Income statement
This year marks an important milestone as we transition from reporting under Belgian Generally Accepted Accounting Principles (BE GAAP) to the globally recognized IFRS framework, enhancing transparency and comparability across markets. To simplify the interpretation of the figures of both standards, the reconciliation between them is shown hereunder.
In April 2022, the EnergyVision group successfully completed two capital increases. This capital increase was driven by the company's strategic growth plans and the need to secure additional funding for future investments and expansion. The capital raise in December 2021 was followed by another capital increase in April 2022, highlighting the continued confidence and support from our shareholders.
The capital raised has been utilized judiciously to fuel our strategic objectives and drive sustainable growth across various fronts. A significant part of the funds has been allocated to the development and implementation of the new business model of charging infrastructure. This investment has enabled the EnergyVision group to establish
itself as a key player in the electric vehicle charging market. Additionally, substantial investments have been directed towards expanding our photovoltaic installations, supporting our commitment to renewable energy and bolstering our capacity to generate clean power. Furthermore, a part of the capital has been allocated to working capital requirements, facilitating the fast-growing activities within our organisation. These activities include the successful tender of ASTER, which has propelled our presence and market share, as well as the expansion of our operations abroad to capture opportunities in international markets.
We established four new companies, namely EnergyDrive (Charging infrastructure in Belgium), Solarbuild 5 and Solarbuild 6 (2 SPVs in Belgium), and Shangdong Aizhihui New Energy Science & Technology Development Co., Ltd in China. In addition, we completed the acquisition of MyEV-Platform, enhancing our capabilities in smart charging solutions. Furthermore, as part of our ongoing consolidation efforts and to gain operational efficiency, Solarbuild merged with EnergyVision and HD Energy Projects merged with EV Home, resulting in the disappearance of the former entities.
Turnover (in million euros)
2020
2021
2022
Turnover per country in 2022 (in million euros)
China
Belgium
Morocco
EBITDA (in million euros)
Revenue evolution per country (in million euros)
Consolidated statement of profit of loss
First-time adoption of IFRS (Variations of BE GAAP)
Consolidated statement of financial position
Consolidated statement of financial position
Editing: Justin Noyez
With the collaboration of: Michèle Adams, Thomas Dauwe, Koen Decourt, Sander Wille, Klaas Michielssens, Maqsud Bilal, Laurens De Greef, Laurien Godfroid
Design and styling: Ilse Maes
Publisher responsible: Maarten Michielssens
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