Eneco World different floors

Annual reports

Eneco is a leader in the energy transition. We are implementing our One Planet plan by helping our customers to become more sustainable, generating more renewable energy, and focusing on balancing and optimising the energy system. We operate in the Netherlands, Belgium, Germany, and the United Kingdom.

A year of meaningful progress

Eneco’s fiscal year closed on March 31, marking the end of a dynamic and challenging period. As I reflect on the past 12 months, I see significant progress alongside persistent uncertainties.

Outlined results

1. These key figures cover the reporting period from 1 January to 31 December 2024, to reduce the need for estimates and to allow for better reconciliation with the mandatory reports.
2. EBITDA stands for operating profit before depreciation and amortisation.
3. The Interest Coverage Rate is the operating result (EBIT) divided by the financial expense.
4. The ROACE for the reporting period reflects how EBIT plus income from JVs and associates, less corporate income tax relates to the average of fixed assets plus adjusted net working capital, less non-interest-bearing long-term debt at the balance sheet dates.
5. Net debt exists of long and short-term interest-bearing debts (including lease liabilities) minus cash & cash equivalents.

Themes

Wind farm Windpark Hogezandse Polder Numansdorp

Strategy and value

Eneco's mission is to make 'Everyone's sustainable energy' a reality. We believe that the transition towards an emission-free society is vital and can only be succesful if everyone shares in the efforts and benefits. By ‘driving the change’, ‘delivering the plan’ and ‘making each other successful’, we are committed to leading the way in accelerating the energy transition and accepting our responsibility for a sustainable future as set out in our One Planet plan.
Eneco World

Operating results

Eneco had a stable year in challenging circumstances. We made meaningful progress with the implementation of our One Planet plan and other parts of our strategy. Consumer prices decreased compared to the unprecedented levels during the energy crisis, although, understandably, many households and businesses remain concerned.
Engineering campaign Paolo with kids

One Planet results

If we want to pass on a livable planet Earth to our children and the generations that follow, we have no time to lose. With this in mind, we have laid down our purpose and essence of our business strategy in our One Planet plan.
Every year, in collaboration with our stakeholders, we determine which material topics are of particular importance to Eneco (see the appendix for an explanation of this process). Starting this year, we report on the activities and progress related to these material topics, divided into the areas of Environmental, Social, and Governance.
Tim and Thomas at Ahoy

Financial results

In these challenging market conditions, we managed to achieve stable financial results. The current report shows the financial results for a 12-month period. The 2024 financial year ran from 1 April 2024 to 31 March 2025.
A seagull

Corporate governance

Good governance forms the foundation for achieving our strategic objectives and ensuring transparency, integrity, and accountability. In the Governance chapter of our annual report, you can read more about our governance structure, supervision, compliance, and risk management.
Working at Eneco

Employee vitality

Our goal is to attract, develop and retain talent with passion. We also want to create a culture that helps us achieve this. Our values 'Drive the change', 'Deliver the plan' and 'Make each other successful' form the basis of our mindset and behavior. During the financial year we worked on our diversity and inclusion (D&I) ambitions, we introduced the new performance process Perform & Grow and we measured our Employee Net Promoter Score (eNPS).