EN Solutions: 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.
EN Solutions
Largest movements
- Receivables within one year +€23,718
up €23,718 (+337.3%), from €7,032 to €30,751
of which Trade receivables: +€20,000
- Cash -€9,360
down €9,360 (-52.5%), from €17,834 to €8,474
mainly Receivables within one year (-€23,718) and Investment in fixed assets (net) (-€11,156)
- Tangible fixed assets +€3,234
up €3,234 (+23.0%), from €14,090 to €17,324
of which Furniture and vehicles: +€2,847
- Trade debts +€7,112
up €7,112 (+379.8%), from €1,873 to €8,985
- Profit (loss) carried forward +€5,342
up €5,342 (+19.3%), from €27,746 to €33,088
- Tax, wage and social debts +€2,173
new in 2025: €2,173
- Accrued charges and deferred income +€1,689
new in 2025: €1,689
- Other debts +€885
new in 2025: €885
- Gross operating margin -€13,716
down €13,716 (-37.3%), from €36,744 to €23,028
- Taxes +€6,817
new in 2025: €6,817
- Depreciation +€1,368
up €1,368 (+19.7%), from €6,944 to €8,312
- Financial charges +€897
up €897 (+328.5%), from €273 to €1,170
of which Non-recurring financial charges: +€929
- Other operating charges -€394
down €394 (-22.2%), from €1,781 to €1,387
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 | €39,619 | €56,821 | +€17,202 | +43.4% |
| Formation expenses | 20 | €663 | €272 | -€390 | -58.9% |
| Fixed assets | 21/28 | €14,090 | €17,324 | +€3,234 | +23.0% |
| Tangible fixed assets | 22/27 | €14,090 | €17,324 | +€3,234 | +23.0% |
| Plant, machinery and equipment | 23 | €6,865 | €7,252 | +€387 | +5.6% |
| Furniture and vehicles | 24 | €7,225 | €10,072 | +€2,847 | +39.4% |
| Current assets | 29/58 | €24,866 | €39,225 | +€14,358 | +57.7% |
| Amounts receivable within one year | 40/41 | €7,032 | €30,751 | +€23,718 | +337.3% |
| Trade receivables | 40 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 41 | €7,032 | €10,751 | +€3,718 | +52.9% |
| Cash at bank and in hand | 54/58 | €17,834 | €8,474 | -€9,360 | -52.5% |
| Total equity and liabilities | 10/49 | €39,619 | €56,821 | +€17,202 | +43.4% |
| Equity | 10/15 | €37,746 | €43,088 | +€5,342 | +14.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,746 | €33,088 | +€5,342 | +19.3% |
| Amounts payable | 17/49 | €1,873 | €13,733 | +€11,860 | +633.3% |
| Amounts payable within one year | 42/48 | €1,873 | €12,043 | +€10,170 | +543.1% |
| Trade debts | 44 | €1,873 | €8,985 | +€7,112 | +379.8% |
| Suppliers | 440/4 | €1,873 | €8,985 | +€7,112 | +379.8% |
| Taxes, remuneration and social security | 45 | - | €2,173 | +€2,173 | |
| Remuneration and social security | 454/9 | - | €2,173 | +€2,173 | |
| Other amounts payable | 47/48 | - | €885 | +€885 | |
| Accrued charges and deferred income | 492/3 | - | €1,689 | +€1,689 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,944 | €8,312 | +€1,368 | +19.7% |
| Other operating charges | 640/8 | €1,781 | €1,387 | -€394 | -22.2% |
| Gross operating margin | 9900 | €36,744 | €23,028 | -€13,716 | -37.3% |
| Operating profit (loss) | 9901 | €28,019 | €13,329 | -€14,690 | -52.4% |
| Financial charges | 65/66B | €273 | €1,170 | +€897 | +328.5% |
| Recurring financial charges | 65 | €273 | €241 | -€32 | -11.7% |
| Non-recurring financial charges | 66B | - | €929 | +€929 | |
| Profit (loss) for the period before taxes | 9903 | €27,746 | €12,159 | -€15,587 | -56.2% |
| Income taxes | 67/77 | - | €6,817 | +€6,817 | |
| Profit (loss) for the period | 9904 | €27,746 | €5,342 | -€22,404 | -80.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,746 | €5,342 | -€22,404 | -80.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.