Enthuse
Annual accounts 2025
micro format, filed on 27-07-2026, 4 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €79,000. Estimated: probably between €38,000 and €160,000.
Balance sheet
balance sheet total €40,877 on 31-12-2025in euro
in euro
Position in the sector
50.5%
Higher than 45% of 39,342 companies in 2025.
2.02
Higher than 49% of 38,027 companies in 2025.
26.4%
Higher than 67% of 38,499 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
40,877 | 30,345 | 23,661 | |
29/58 |
40,877 | 30,345 | 23,661 | |
40/41 |
31,838 | 29,058 | 16,488 | |
40 |
31,773 | 28,898 | 16,348 | |
41 |
65 | 160 | 140 | |
54/58 |
8,380 | 1,099 | 6,517 | |
490/1 |
660 | 188 | 656 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
40,877 | 30,345 | 23,661 | |
10/15 |
20,648 | 9,851 | 4,572 | |
10/11 |
2,000 | 2,000 | 2,000 | |
13 |
18,648 | 7,851 | 2,572 | |
133 |
18,648 | 7,851 | 2,572 | |
17/49 |
20,229 | 20,494 | 19,089 | |
42/48 |
20,229 | 20,494 | 19,089 | |
44 |
6,562 | 3,179 | 3,131 | |
440/4 |
6,562 | 3,179 | 3,131 | |
45 |
13,667 | 17,314 | 15,186 | |
450/3 |
13,667 | 17,314 | 15,186 | |
47/48 |
- | - | 772 | |
| Income statement | ||||
9900 |
16,971 | 9,622 | 29,059 | |
640/8 |
179 | 118 | 109 | |
9901 |
16,793 | 9,504 | 28,950 | |
75/76B |
- | 1 | - | |
75 |
- | 1 | - | |
65/66B |
218 | 170 | 827 | |
65 |
218 | 170 | 827 | |
9903 |
16,575 | 9,335 | 28,123 | |
67/77 |
5,777 | 4,056 | 7,551 | |
9904 |
10,798 | 5,279 | 20,572 | |
9905 |
10,798 | 5,279 | 20,572 | |
| Appropriation of the result | ||||
9906 |
10,798 | 5,279 | 20,572 | |
691/2 |
10,798 | 5,279 | 2,572 | |
6921 |
10,798 | 5,279 | 2,572 | |
694/7 |
- | - | 18,000 | |
694 |
- | - | 18,000 | |
| Document | ||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 7,281 | -5,418 | - | ||
| 20,648 | 9,851 | 4,572 | ||
| 50.5% | 32.5% | 19.3% | ||
| 2.02 | 1.48 | 1.24 | ||
| 0.98 | 2.08 | 4.18 | ||
| 52.3% | 53.6% | 450.0% | ||
| 26.4% | 17.4% | 86.9% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on Enthuse
The operating result for 2025 is 77% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 67.5% to 49.5%. Equity is higher and debt is lower.