de ENT: what changed
Two fiscal 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.
de ENT
Largest movements
- Tangible fixed assets -€49,780
down €49,780 (-13.6%), from €366,480 to €316,700
- Cash +€32,787
up €32,787 (+44.1%), from €74,321 to €107,107
mainly Depreciation (+€49,780) and Net result for the year (+€44,056)
- Current portion of long-term debt -€30,351
down €30,351 (-15.3%), from €198,241 to €167,890
- Reserves +€14,256
up €14,256 (+7.9%), from €179,487 to €193,742
- Gross operating margin -€15,811
down €15,811 (-10.8%), from €146,792 to €130,981
- Taxes -€4,429
down €4,429 (-17.7%), from €25,017 to €20,588
- Financial charges -€1,679
down €1,679 (-12.1%), from €13,924 to €12,245
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.
Cash bridge derived
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 | €451,318 | €431,181 | -€20,137 | -4.5% |
| Fixed assets | 21/28 | €366,480 | €316,700 | -€49,780 | -13.6% |
| Tangible fixed assets | 22/27 | €366,480 | €316,700 | -€49,780 | -13.6% |
| Land and buildings | 22 | €366,480 | €316,700 | -€49,780 | -13.6% |
| Current assets | 29/58 | €84,838 | €114,481 | +€29,643 | +34.9% |
| Amounts receivable within one year | 40/41 | €10,517 | €6,980 | -€3,537 | -33.6% |
| Trade receivables | 40 | €175 | €0 | -€175 | -100.0% |
| Other amounts receivable | 41 | €10,342 | €6,980 | -€3,362 | -32.5% |
| Cash at bank and in hand | 54/58 | €74,321 | €107,107 | +€32,787 | +44.1% |
| Deferred charges and accrued income | 490/1 | - | €393 | +€393 | |
| Total equity and liabilities | 10/49 | €451,318 | €431,181 | -€20,137 | -4.5% |
| Equity | 10/15 | €198,087 | €212,342 | +€14,256 | +7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €179,487 | €193,742 | +€14,256 | +7.9% |
| Distributable reserves | 133 | €179,487 | €193,742 | +€14,256 | +7.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €253,231 | €218,838 | -€34,393 | -13.6% |
| Amounts payable within one year | 42/48 | €239,720 | €205,190 | -€34,530 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €198,241 | €167,890 | -€30,351 | -15.3% |
| Taxes, remuneration and social security | 45 | €10,017 | €5,567 | -€4,451 | -44.4% |
| Taxes | 450/3 | €10,017 | €5,567 | -€4,451 | -44.4% |
| Other amounts payable | 47/48 | €31,461 | €31,733 | +€272 | +0.9% |
| Accrued charges and deferred income | 492/3 | €13,511 | €13,648 | +€137 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,780 | €49,780 | = | 0.0% |
| Other operating charges | 640/8 | €4,462 | €4,600 | +€139 | +3.1% |
| Gross operating margin | 9900 | €146,792 | €130,981 | -€15,811 | -10.8% |
| Operating profit (loss) | 9901 | €92,550 | €76,600 | -€15,949 | -17.2% |
| Financial income | 75/76B | - | €288 | +€288 | |
| Recurring financial income | 75 | - | €288 | +€288 | |
| Financial charges | 65/66B | €13,924 | €12,245 | -€1,679 | -12.1% |
| Recurring financial charges | 65 | €13,924 | €12,245 | -€1,679 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €78,626 | €64,644 | -€13,982 | -17.8% |
| Income taxes | 67/77 | €25,017 | €20,588 | -€4,429 | -17.7% |
| Profit (loss) for the period | 9904 | €53,609 | €44,056 | -€9,553 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,609 | €44,056 | -€9,553 | -17.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.