39. Investments in group companies

€ Million

2025

2024

Enexis Netbeheer B.V.

4,882

4,629

Enexis Vastgoed B.V.

13

20

Enexis Personeel B.V.

20

20

Enpuls B.V.

1

6

Total

4,916

4,675

Changes in investments in group companies were as follows:

€ Million

2025

2024

At 1 January

4,675

4,485

Profit for the year

373

216

Dividends paid

-132

-26

At 31 December

4,916

4,675

For details of the results for 2025, please refer to note 35 ‘Share in results of group companies’. In 2025, dividends of € 132 million for 2024 were received from Enexis Netbeheer B.V., Enexis Personeel B.V. and Enexis Vastgoed B.V. No capital was paid-in in 2025 (2024: nil).

For further information about the investments in group companies, please refer to note 52 ‘Associates’.