ENA: 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.
ENA
Largest movements
- Receivables within one year -€44,111
down €44,111 (-64.8%), from €68,096 to €23,984
- Trade debts -€34,416
down €34,416 (-77.0%), from €44,722 to €10,306
- Tax, wage and social debts -€25,133
down €25,133 (-64.8%), from €38,779 to €13,646
of which Remuneration and social security: -€14,787
- Profit (loss) carried forward +€16,365
up €16,365 (+41.1%), from -€39,786 to -€23,422
- Short-term financial debts -€2,627
down €2,627 (-31.0%), from €8,460 to €5,833
- Other debts +€895
up €895 (+4.2%), from €21,499 to €22,394
- Gross operating margin +€12,357
up €12,357 (+114%), from €10,865 to €23,223
- Staff costs -€2,154
no longer reported in 2025 (was €2,154)
- Financial charges -€960
down €960 (-43.6%), from €2,204 to €1,244
- Depreciation +€692
up €692 (+14.1%), from €4,922 to €5,614
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,272 | €43,357 | -€44,915 | -50.9% |
| Fixed assets | 21/28 | €20,177 | €19,373 | -€804 | -4.0% |
| Tangible fixed assets | 22/27 | €20,177 | €19,373 | -€804 | -4.0% |
| Land and buildings | 22 | €1,252 | €626 | -€626 | -50.0% |
| Plant, machinery and equipment | 23 | €18,925 | €18,747 | -€178 | -0.9% |
| Current assets | 29/58 | €68,096 | €23,984 | -€44,111 | -64.8% |
| Amounts receivable within one year | 40/41 | €68,096 | €23,984 | -€44,111 | -64.8% |
| Trade receivables | 40 | €68,096 | €23,984 | -€44,111 | -64.8% |
| Total equity and liabilities | 10/49 | €88,272 | €43,357 | -€44,915 | -50.9% |
| Equity | 10/15 | -€25,186 | -€8,822 | +€16,365 | +65.0% |
| Contributions | 10/11 | €14,500 | €14,500 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | - | -€100 | |
| Reserves not available under the articles | 1311 | €100 | - | -€100 | |
| Distributable reserves | 133 | - | €100 | +€100 | |
| Profit (loss) carried forward | 14 | -€39,786 | -€23,422 | +€16,365 | +41.1% |
| Amounts payable | 17/49 | €113,459 | €52,179 | -€61,280 | -54.0% |
| Amounts payable within one year | 42/48 | €113,459 | €52,179 | -€61,280 | -54.0% |
| Financial debts | 43 | €8,460 | €5,833 | -€2,627 | -31.0% |
| Credit institutions | 430/8 | €8,460 | €5,833 | -€2,627 | -31.0% |
| Trade debts | 44 | €44,722 | €10,306 | -€34,416 | -77.0% |
| Suppliers | 440/4 | €44,722 | €10,306 | -€34,416 | -77.0% |
| Taxes, remuneration and social security | 45 | €38,779 | €13,646 | -€25,133 | -64.8% |
| Taxes | 450/3 | €23,992 | €13,646 | -€10,346 | -43.1% |
| Remuneration and social security | 454/9 | €14,787 | - | -€14,787 | |
| Other amounts payable | 47/48 | €21,499 | €22,394 | +€895 | +4.2% |
| Remuneration, social security and pensions | 62 | €2,154 | - | -€2,154 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,922 | €5,614 | +€692 | +14.1% |
| Gross operating margin | 9900 | €10,865 | €23,223 | +€12,357 | +114% |
| Operating profit (loss) | 9901 | €3,789 | €17,609 | +€13,820 | +365% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €2,204 | €1,244 | -€960 | -43.6% |
| Recurring financial charges | 65 | €2,204 | €1,244 | -€960 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €1,589 | €16,365 | +€14,776 | +930% |
| Profit (loss) for the period | 9904 | €1,589 | €16,365 | +€14,776 | +930% |
| Profit (loss) for the period to be appropriated | 9905 | €1,589 | €16,365 | +€14,776 | +930% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.