E.N.B.: 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.
E.N.B.
Largest movements
- Receivables within one year -€72,643
no longer reported in 2024 (was €72,643)
- Cash +€17,854
up €17,854 (+148.9%), from €11,993 to €29,847
mainly Receivables within one year (+€72,643) and Tax, wage and social debts (+€42,191)
- Tangible fixed assets -€13,673
down €13,673 (-33.4%), from €40,895 to €27,222
of which Plant, machinery and equipment: -€13,904
- Stocks and contracts +€4,439
up €4,439 (+148.5%), from €2,988 to €7,427
- Profit (loss) carried forward -€94,983
down €94,983 (-404.6%), from -€23,474 to -€118,457
- Tax, wage and social debts +€42,191
up €42,191 (+47.2%), from €89,377 to €131,568
of which Taxes: +€48,678
- Other debts -€9,541
down €9,541 (-95.4%), from €10,000 to €459
- Gross operating margin -€76,536
down €76,536 (-49.3%), from €155,193 to €78,657
- Staff costs -€33,104
down €33,104 (-30.2%), from €109,660 to €76,556
- Taxes +€26,312
new in 2024: €26,312
- Other operating charges +€9,112
up €9,112 (+249.3%), from €3,655 to €12,767
- Financial income +€3,015
up €3,015 (+5983.3%), from €50 to €3,065
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,617 | €68,979 | -€63,638 | -48.0% |
| Fixed assets | 21/28 | €44,993 | €31,320 | -€13,673 | -30.4% |
| Tangible fixed assets | 22/27 | €40,895 | €27,222 | -€13,673 | -33.4% |
| Plant, machinery and equipment | 23 | €25,969 | €12,064 | -€13,904 | -53.5% |
| Furniture and vehicles | 24 | €20 | €2,218 | +€2,198 | +10992.1% |
| Other tangible fixed assets | 26 | €14,906 | €12,939 | -€1,967 | -13.2% |
| Financial fixed assets | 28 | €4,098 | €4,098 | = | 0.0% |
| Current assets | 29/58 | €87,624 | €37,659 | -€49,965 | -57.0% |
| Stocks and contracts in progress | 3 | €2,988 | €7,427 | +€4,439 | +148.5% |
| Stocks | 30/36 | €2,988 | €7,427 | +€4,439 | +148.5% |
| Amounts receivable within one year | 40/41 | €72,643 | - | -€72,643 | |
| Other amounts receivable | 41 | €72,643 | - | -€72,643 | |
| Cash at bank and in hand | 54/58 | €11,993 | €29,847 | +€17,854 | +148.9% |
| Deferred charges and accrued income | 490/1 | - | €385 | +€385 | |
| Total equity and liabilities | 10/49 | €132,617 | €68,979 | -€63,638 | -48.0% |
| Equity | 10/15 | -€7,274 | -€102,257 | -€94,983 | -1305.9% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,474 | -€118,457 | -€94,983 | -404.6% |
| Amounts payable | 17/49 | €139,890 | €171,236 | +€31,345 | +22.4% |
| Amounts payable within one year | 42/48 | €139,890 | €171,236 | +€31,345 | +22.4% |
| Trade debts | 44 | €40,514 | €39,208 | -€1,306 | -3.2% |
| Suppliers | 440/4 | €40,514 | €39,208 | -€1,306 | -3.2% |
| Taxes, remuneration and social security | 45 | €89,377 | €131,568 | +€42,191 | +47.2% |
| Taxes | 450/3 | €40,002 | €88,679 | +€48,678 | +121.7% |
| Remuneration and social security | 454/9 | €49,375 | €42,889 | -€6,486 | -13.1% |
| Other amounts payable | 47/48 | €10,000 | €459 | -€9,541 | -95.4% |
| Remuneration, social security and pensions | 62 | €109,660 | €76,556 | -€33,104 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,503 | €16,373 | -€2,130 | -11.5% |
| Other operating charges | 640/8 | €3,655 | €12,767 | +€9,112 | +249.3% |
| Non-recurring operating charges | 66A | - | €40,595 | +€40,595 | |
| Gross operating margin | 9900 | €155,193 | €78,657 | -€76,536 | -49.3% |
| Operating profit (loss) | 9901 | €23,375 | -€67,633 | -€91,009 | |
| Financial income | 75/76B | €50 | €3,065 | +€3,015 | +5983.3% |
| Recurring financial income | 75 | €50 | €3,065 | +€3,015 | +5983.3% |
| Financial charges | 65/66B | €1,413 | €4,103 | +€2,690 | +190.3% |
| Recurring financial charges | 65 | €1,413 | €4,103 | +€2,690 | +190.3% |
| Profit (loss) for the period before taxes | 9903 | €22,012 | -€68,671 | -€90,684 | |
| Income taxes | 67/77 | - | €26,312 | +€26,312 | |
| Profit (loss) for the period | 9904 | €22,012 | -€94,983 | -€116,996 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,012 | -€94,983 | -€116,996 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.