E.N.S. IMMO: 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.
E.N.S. IMMO
Largest movements
- Tangible fixed assets -€12,882
down €12,882 (-4.9%), from €261,089 to €248,207
- Cash -€4,743
down €4,743 (-37.2%), from €12,741 to €7,998
mainly Debts after one year (-€11,225) and Receivables within one year (-€3,756)
- Receivables within one year +€3,756
new in 2025: €3,756
- Debts after one year -€11,225
down €11,225 (-6.1%), from €184,046 to €172,821
- Profit (loss) carried forward -€3,366
down €3,366, from €1,126 to -€2,240
- Gross operating margin -€12,008
down €12,008 (-33.0%), from €36,386 to €24,378
- Depreciation -€6,298
down €6,298 (-32.5%), from €19,352 to €13,053
- Financial charges -€4,472
down €4,472 (-34.0%), from €13,153 to €8,681
- Other operating charges +€3,630
up €3,630 (+153%), from €2,380 to €6,010
- Taxes -€375
no longer reported in 2025 (was €375)
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 | €274,392 | €260,351 | -€14,041 | -5.1% |
| Formation expenses | 20 | €562 | €391 | -€171 | -30.4% |
| Fixed assets | 21/28 | €261,089 | €248,207 | -€12,882 | -4.9% |
| Tangible fixed assets | 22/27 | €261,089 | €248,207 | -€12,882 | -4.9% |
| Other tangible fixed assets | 26 | €261,089 | €248,207 | -€12,882 | -4.9% |
| Current assets | 29/58 | €12,741 | €11,753 | -€988 | -7.8% |
| Amounts receivable within one year | 40/41 | - | €3,756 | +€3,756 | |
| Trade receivables | 40 | - | €3,756 | +€3,756 | |
| Cash at bank and in hand | 54/58 | €12,741 | €7,998 | -€4,743 | -37.2% |
| Total equity and liabilities | 10/49 | €274,392 | €260,351 | -€14,041 | -5.1% |
| Equity | 10/15 | €16,126 | €12,760 | -€3,366 | -20.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,126 | -€2,240 | -€3,366 | |
| Amounts payable | 17/49 | €258,265 | €247,591 | -€10,675 | -4.1% |
| Amounts payable after more than one year | 17 | €184,046 | €172,821 | -€11,225 | -6.1% |
| Financial debts | 170/4 | €184,046 | €172,821 | -€11,225 | -6.1% |
| Amounts payable within one year | 42/48 | €74,219 | €74,770 | +€551 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €11,605 | €12,138 | +€533 | +4.6% |
| Trade debts | 44 | €1,681 | €1,698 | +€17 | +1.0% |
| Suppliers | 440/4 | €1,681 | €1,698 | +€17 | +1.0% |
| Taxes, remuneration and social security | 45 | €375 | €375 | = | 0.0% |
| Taxes | 450/3 | €375 | €375 | = | 0.0% |
| Other amounts payable | 47/48 | €60,557 | €60,557 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,352 | €13,053 | -€6,298 | -32.5% |
| Other operating charges | 640/8 | €2,380 | €6,010 | +€3,630 | +153% |
| Gross operating margin | 9900 | €36,386 | €24,378 | -€12,008 | -33.0% |
| Operating profit (loss) | 9901 | €14,655 | €5,315 | -€9,340 | -63.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €13,153 | €8,681 | -€4,472 | -34.0% |
| Recurring financial charges | 65 | €13,153 | €8,681 | -€4,472 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €1,502 | -€3,366 | -€4,868 | |
| Income taxes | 67/77 | €375 | - | -€375 | |
| Profit (loss) for the period | 9904 | €1,126 | -€3,366 | -€4,493 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,126 | -€3,366 | -€4,493 |
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.