ENABL: 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.
ENABL
Largest movements
- Cash -€23,783
down €23,783 (-69.7%), from €34,130 to €10,346
mainly Contributions, distributions and other (-€29,000) and Tax, wage and social debts (-€16,939)
- Receivables within one year -€4,310
down €4,310 (-29.5%), from €14,634 to €10,324
of which Trade receivables: -€5,732
- Tangible fixed assets +€2,014
up €2,014 (+22.2%), from €9,052 to €11,065
of which Other tangible fixed assets: +€2,975
- Deferred charges and accrued income +€1,171
new in 2025: €1,171
- Tax, wage and social debts -€16,939
down €16,939 (-80.8%), from €20,963 to €4,024
- Reserves -€7,756
down €7,756 (-26.5%), from €29,269 to €21,513
- Trade debts +€2,399
up €2,399 (+97.1%), from €2,471 to €4,869
- Other debts -€2,229
down €2,229 (-100%), from €2,229 to €0
- Accrued charges and deferred income -€667
down €667 (-100%), from €667 to €0
- Gross operating margin -€8,447
down €8,447 (-19.6%), from €43,133 to €34,686
- Taxes -€2,659
down €2,659 (-28.6%), from €9,312 to €6,654
- Depreciation +€1,204
up €1,204 (+33.1%), from €3,636 to €4,840
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 | €58,100 | €32,907 | -€25,193 | -43.4% |
| Fixed assets | 21/28 | €9,336 | €11,065 | +€1,729 | +18.5% |
| Intangible fixed assets | 21 | €284 | €0 | -€284 | -100% |
| Tangible fixed assets | 22/27 | €9,052 | €11,065 | +€2,014 | +22.2% |
| Furniture and vehicles | 24 | €6,378 | €5,417 | -€961 | -15.1% |
| Other tangible fixed assets | 26 | €2,673 | €5,648 | +€2,975 | +111% |
| Current assets | 29/58 | €48,764 | €21,841 | -€26,923 | -55.2% |
| Amounts receivable within one year | 40/41 | €14,634 | €10,324 | -€4,310 | -29.5% |
| Trade receivables | 40 | €14,634 | €8,903 | -€5,732 | -39.2% |
| Other amounts receivable | 41 | - | €1,422 | +€1,422 | |
| Cash at bank and in hand | 54/58 | €34,130 | €10,346 | -€23,783 | -69.7% |
| Deferred charges and accrued income | 490/1 | - | €1,171 | +€1,171 | |
| Total equity and liabilities | 10/49 | €58,100 | €32,907 | -€25,193 | -43.4% |
| Equity | 10/15 | €31,769 | €24,013 | -€7,756 | -24.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €29,269 | €21,513 | -€7,756 | -26.5% |
| Distributable reserves | 133 | €29,269 | €21,513 | -€7,756 | -26.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,330 | €8,894 | -€17,437 | -66.2% |
| Amounts payable within one year | 42/48 | €25,664 | €8,894 | -€16,770 | -65.3% |
| Trade debts | 44 | €2,471 | €4,869 | +€2,399 | +97.1% |
| Suppliers | 440/4 | €2,471 | €4,869 | +€2,399 | +97.1% |
| Taxes, remuneration and social security | 45 | €20,963 | €4,024 | -€16,939 | -80.8% |
| Taxes | 450/3 | €20,963 | €4,024 | -€16,939 | -80.8% |
| Other amounts payable | 47/48 | €2,229 | €0 | -€2,229 | -100% |
| Accrued charges and deferred income | 492/3 | €667 | €0 | -€667 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,636 | €4,840 | +€1,204 | +33.1% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €43,133 | €34,686 | -€8,447 | -19.6% |
| Operating profit (loss) | 9901 | €38,969 | €29,303 | -€9,666 | -24.8% |
| Financial income | 75/76B | €2 | €1 | -€1 | -44.5% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -44.5% |
| Financial charges | 65/66B | €1,600 | €1,407 | -€193 | -12.1% |
| Recurring financial charges | 65 | €1,600 | €1,407 | -€193 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €37,371 | €27,897 | -€9,474 | -25.4% |
| Income taxes | 67/77 | €9,312 | €6,654 | -€2,659 | -28.6% |
| Profit (loss) for the period | 9904 | €28,059 | €21,244 | -€6,815 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,059 | €21,244 | -€6,815 | -24.3% |
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 18 October 2026 via checked.be.