E-NOVA: 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.
What changed
E-NOVA
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€23,628
2024 · €119,336-€95,707
Equity
€195,218
2024 · €171,590+€23,628
Cash
€0
2024 · €4,774-€4,774
Balance sheet total
€662,391
2024 · €610,630+€51,761
Largest movements
Assets
- Receivables within one year +€56,871
up €56,871 (+10.0%), from €570,188 to €627,059
of which Trade receivables: +€114,556
Equity and liabilities
- Other debts +€175,742
up €175,742 (+149.6%), from €117,437 to €293,180
- Trade debts -€161,625
down €161,625 (-62.8%), from €257,346 to €95,721
- Tax, wage and social debts +€29,415
up €29,415 (+74.9%), from €39,257 to €68,671
of which Remuneration and social security: +€16,150
- Short-term financial debts -€25,000
no longer reported in 2025 (was €25,000)
- Profit (loss) carried forward +€23,628
up €23,628 (+23.8%), from €99,430 to €123,058
Income statement
- Staff costs +€181,153
up €181,153 (+45.8%), from €395,908 to €577,061
- Services and other goods -€178,031
down €178,031 (-59.4%), from €299,583 to €121,552
- Turnover -€76,033
down €76,033 (-9.2%), from €824,796 to €748,763
- Other operating income -€43,100
down €43,100 (-62.3%), from €69,171 to €26,071
- Goods and materials -€29,393
down €29,393 (-70.5%), from €41,679 to €12,286
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.
Result 2024
€119,336
Turnover
-€76,033
Other operating income
-€43,100
Goods and materials
+€29,393
Services and other goods
+€178,031
Staff costs
-€181,153
Depreciation
-€3,666
Write-downs
-€19,732
Other operating charges
-€4,466
Other operating items
+€27,625
Financial income
+€2,436
Financial charges
-€14,730
Taxes
+€9,688
Result 2025
€23,628
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.
From operations
+€26,118
Investment
-€5,892
Financing
-€25,000
Cash 2024
€4,774
From operations (derived)
+€26,118
Net result for the year
+€23,628
Depreciation
+€9,658
Receivables within one year
-€56,871
Deferred charges and accrued income
-€3,430
Trade debts
-€161,625
Tax, wage and social debts
+€29,415
Other debts
+€175,742
Accrued charges and deferred income
+€9,600
Investment (derived)
-€5,892
Investment in fixed assets (net)
-€5,892
Financing
-€25,000
Short-term financial debts
-€25,000
Cash 2025
€0
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €610,630 | €662,391 | +€51,761 | +8.5% |
| Fixed assets | 21/28 | €35,208 | €31,443 | -€3,765 | -10.7% |
| Tangible fixed assets | 22/27 | €34,845 | €31,443 | -€3,402 | -9.8% |
| Plant, machinery and equipment | 23 | €28,766 | €22,222 | -€6,544 | -22.8% |
| Furniture and vehicles | 24 | €6,079 | €9,221 | +€3,142 | +51.7% |
| Financial fixed assets | 28 | €363 | €0 | -€363 | -100.0% |
| Other financial fixed assets | 284/8 | €363 | €0 | -€363 | -100.0% |
| Amounts receivable and cash guarantees | 285/8 | €363 | €0 | -€363 | -100.0% |
| Current assets | 29/58 | €575,422 | €630,948 | +€55,526 | +9.6% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €570,188 | €627,059 | +€56,871 | +10.0% |
| Trade receivables | 40 | €481,033 | €595,588 | +€114,556 | +23.8% |
| Other amounts receivable | 41 | €89,155 | €31,470 | -€57,685 | -64.7% |
| Cash at bank and in hand | 54/58 | €4,774 | €0 | -€4,774 | -100.0% |
| Deferred charges and accrued income | 490/1 | €460 | €3,889 | +€3,430 | +746.3% |
| Total equity and liabilities | 10/49 | €610,630 | €662,391 | +€51,761 | +8.5% |
| Equity | 10/15 | €171,590 | €195,218 | +€23,628 | +13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,560 | €53,560 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €51,700 | €51,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,430 | €123,058 | +€23,628 | +23.8% |
| Amounts payable | 17/49 | €439,040 | €467,172 | +€28,132 | +6.4% |
| Amounts payable within one year | 42/48 | €439,040 | €457,572 | +€18,532 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Financial debts | 43 | €25,000 | - | -€25,000 | |
| Credit institutions | 430/8 | €25,000 | - | -€25,000 | |
| Trade debts | 44 | €257,346 | €95,721 | -€161,625 | -62.8% |
| Suppliers | 440/4 | €257,346 | €95,721 | -€161,625 | -62.8% |
| Taxes, remuneration and social security | 45 | €39,257 | €68,671 | +€29,415 | +74.9% |
| Taxes | 450/3 | €1,210 | €14,475 | +€13,265 | +1096.3% |
| Remuneration and social security | 454/9 | €38,047 | €54,196 | +€16,150 | +42.4% |
| Other amounts payable | 47/48 | €117,437 | €293,180 | +€175,742 | +149.6% |
| Accrued charges and deferred income | 492/3 | - | €9,600 | +€9,600 | |
| Operating income | 70/76A | €893,967 | €790,143 | -€103,824 | -11.6% |
| Turnover | 70 | €824,796 | €748,763 | -€76,033 | -9.2% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €0 | - | = | |
| Other operating income | 74 | €69,171 | €26,071 | -€43,100 | -62.3% |
| Non-recurring operating income | 76A | €0 | €15,309 | +€15,309 | |
| Operating charges | 60/66A | €746,314 | €735,591 | -€10,723 | -1.4% |
| Goods for resale, raw materials and consumables | 60 | €41,679 | €12,286 | -€29,393 | -70.5% |
| Purchases | 600/8 | €41,679 | €12,286 | -€29,393 | -70.5% |
| Services and other goods | 61 | €299,583 | €121,552 | -€178,031 | -59.4% |
| Remuneration, social security and pensions | 62 | €395,908 | €577,061 | +€181,153 | +45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,992 | €9,658 | +€3,666 | +61.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€19,732 | €0 | +€19,732 | |
| Other operating charges | 640/8 | €10,569 | €15,035 | +€4,466 | +42.3% |
| Non-recurring operating charges | 66A | €12,316 | €0 | -€12,316 | -100.0% |
| Operating profit (loss) | 9901 | €147,653 | €54,552 | -€93,102 | -63.1% |
| Financial income | 75/76B | €209 | €2,645 | +€2,436 | +1164.8% |
| Recurring financial income | 75 | €209 | €2,645 | +€2,436 | +1164.8% |
| Income from financial fixed assets | 750 | €113 | €2,645 | +€2,532 | +2247.9% |
| Other financial income | 752/9 | €96 | €0 | -€96 | -100.0% |
| Financial charges | 65/66B | €2,156 | €16,886 | +€14,730 | +683.2% |
| Recurring financial charges | 65 | €2,156 | €16,886 | +€14,730 | +683.2% |
| Debt charges | 650 | €2,138 | €16,886 | +€14,748 | +689.8% |
| Other financial charges | 652/9 | €18 | €0 | -€18 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | €145,706 | €40,311 | -€105,396 | -72.3% |
| Income taxes | 67/77 | €26,371 | €16,682 | -€9,688 | -36.7% |
| Taxes | 670/3 | €26,371 | €16,682 | -€9,688 | -36.7% |
| Profit (loss) for the period | 9904 | €119,336 | €23,628 | -€95,707 | -80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €119,336 | €23,628 | -€95,707 | -80.2% |
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 11 October 2026 via checked.be.