AV-Enjo: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AV-Enjo
Largest movements
- Tangible fixed assets -€7,536
down €7,536 (-19.6%), from €38,359 to €30,824
of which Furniture and vehicles: -€7,033
- Cash -€2,099
down €2,099 (-13.9%), from €15,099 to €13,001
mainly Debts after one year (-€8,359) and Investment in fixed assets (net) (-€3,997)
- Receivables within one year +€1,472
up €1,472 (+243%), from €605 to €2,077
of which Trade receivables: +€1,454
- Debts after one year -€8,359
down €8,359 (-35.5%), from €23,525 to €15,166
- Tax, wage and social debts +€2,318
up €2,318 (+901%), from €257 to €2,575
- Other debts -€1,611
down €1,611 (-63.9%), from €2,523 to €911
- Trade debts -€1,057
down €1,057 (-76.9%), from €1,373 to €317
- Depreciation +€3,180
up €3,180 (+38.1%), from €8,352 to €11,532
- Gross operating margin +€1,236
up €1,236 (+10.6%), from €11,641 to €12,877
- Other operating charges -€465
down €465 (-55.8%), from €833 to €368
- Taxes -€197
no longer reported in 2025 (was €197)
- Financial charges -€196
down €196 (-19.1%), from €1,025 to €829
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,159 | €47,020 | -€8,139 | -14.8% |
| Fixed assets | 21/28 | €38,359 | €30,824 | -€7,536 | -19.6% |
| Tangible fixed assets | 22/27 | €38,359 | €30,824 | -€7,536 | -19.6% |
| Plant, machinery and equipment | 23 | €11,780 | €11,277 | -€502 | -4.3% |
| Furniture and vehicles | 24 | €26,580 | €19,547 | -€7,033 | -26.5% |
| Current assets | 29/58 | €16,800 | €16,196 | -€604 | -3.6% |
| Amounts receivable within one year | 40/41 | €605 | €2,077 | +€1,472 | +243% |
| Trade receivables | 40 | €605 | €2,059 | +€1,454 | +240% |
| Other amounts receivable | 41 | - | €18 | +€18 | |
| Cash at bank and in hand | 54/58 | €15,099 | €13,001 | -€2,099 | -13.9% |
| Deferred charges and accrued income | 490/1 | €1,095 | €1,118 | +€23 | +2.1% |
| Total equity and liabilities | 10/49 | €55,159 | €47,020 | -€8,139 | -14.8% |
| Equity | 10/15 | €19,702 | €19,912 | +€210 | +1.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €17,702 | €17,912 | +€210 | +1.2% |
| Distributable reserves | 133 | €17,702 | €17,912 | +€210 | +1.2% |
| Amounts payable | 17/49 | €35,457 | €27,108 | -€8,349 | -23.5% |
| Amounts payable after more than one year | 17 | €23,525 | €15,166 | -€8,359 | -35.5% |
| Financial debts | 170/4 | €23,525 | €15,166 | -€8,359 | -35.5% |
| Amounts payable within one year | 42/48 | €11,932 | €11,942 | +€10 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €7,779 | €8,139 | +€360 | +4.6% |
| Trade debts | 44 | €1,373 | €317 | -€1,057 | -76.9% |
| Suppliers | 440/4 | €1,373 | €317 | -€1,057 | -76.9% |
| Taxes, remuneration and social security | 45 | €257 | €2,575 | +€2,318 | +901% |
| Taxes | 450/3 | €257 | €2,575 | +€2,318 | +901% |
| Other amounts payable | 47/48 | €2,523 | €911 | -€1,611 | -63.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,352 | €11,532 | +€3,180 | +38.1% |
| Other operating charges | 640/8 | €833 | €368 | -€465 | -55.8% |
| Gross operating margin | 9900 | €11,641 | €12,877 | +€1,236 | +10.6% |
| Operating profit (loss) | 9901 | €2,456 | €977 | -€1,479 | -60.2% |
| Financial income | 75/76B | €136 | €61 | -€75 | -55.1% |
| Recurring financial income | 75 | €136 | €61 | -€75 | -55.1% |
| Financial charges | 65/66B | €1,025 | €829 | -€196 | -19.1% |
| Recurring financial charges | 65 | €1,025 | €829 | -€196 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €1,568 | €210 | -€1,358 | -86.6% |
| Income taxes | 67/77 | €197 | - | -€197 | |
| Profit (loss) for the period | 9904 | €1,371 | €210 | -€1,162 | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,371 | €210 | -€1,162 | -84.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.