ENADIO: 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.
ENADIO
Largest movements
- Cash -€1,354
down €1,354 (-10.7%), from €12,675 to €11,321
mainly Tax, wage and social debts (-€719) and Net result for the year (-€558)
- Tax, wage and social debts -€719
down €719 (-41.8%), from €1,720 to €1,001
of which Taxes: -€1,720
- Profit (loss) carried forward -€558
down €558 (-10.5%), from €5,332 to €4,774
- Other operating charges -€25,266
down €25,266 (-97.6%), from €25,900 to €634
- Gross operating margin -€7,519
down €7,519 (-100%), from €7,519 to €0
- Depreciation -€404
down €404 (-100%), from €404 to €0
- Financial income +€103
up €103 (+71.6%), from €143 to €246
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 | €21,545 | €20,268 | -€1,277 | -5.9% |
| Fixed assets | 21/28 | €280 | €280 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €21,265 | €19,988 | -€1,277 | -6.0% |
| Amounts receivable after more than one year | 29 | €4,916 | €5,113 | +€197 | +4.0% |
| Other amounts receivable | 291 | €4,916 | €5,113 | +€197 | +4.0% |
| Amounts receivable within one year | 40/41 | €3,674 | €3,555 | -€120 | -3.3% |
| Other amounts receivable | 41 | €3,674 | €3,555 | -€120 | -3.3% |
| Cash at bank and in hand | 54/58 | €12,675 | €11,321 | -€1,354 | -10.7% |
| Total equity and liabilities | 10/49 | €21,545 | €20,268 | -€1,277 | -5.9% |
| Equity | 10/15 | €19,692 | €19,134 | -€558 | -2.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Capital | 10 | €12,500 | €12,500 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,100 | €6,100 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,332 | €4,774 | -€558 | -10.5% |
| Amounts payable | 17/49 | €1,852 | €1,133 | -€719 | -38.8% |
| Amounts payable within one year | 42/48 | €1,852 | €1,133 | -€719 | -38.8% |
| Trade debts | 44 | €133 | €133 | = | 0.0% |
| Suppliers | 440/4 | €133 | €133 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,720 | €1,001 | -€719 | -41.8% |
| Taxes | 450/3 | €1,720 | €0 | -€1,720 | -100% |
| Remuneration and social security | 454/9 | - | €1,001 | +€1,001 | |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €404 | €0 | -€404 | -100% |
| Other operating charges | 640/8 | €25,900 | €634 | -€25,266 | -97.6% |
| Gross operating margin | 9900 | €7,519 | €0 | -€7,519 | -100% |
| Operating profit (loss) | 9901 | -€18,785 | -€634 | +€18,151 | +96.6% |
| Financial income | 75/76B | €143 | €246 | +€103 | +71.6% |
| Recurring financial income | 75 | €143 | €246 | +€103 | +71.6% |
| Financial charges | 65/66B | €153 | €170 | +€17 | +11.1% |
| Recurring financial charges | 65 | €153 | €170 | +€17 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,795 | -€558 | +€18,237 | +97.0% |
| Profit (loss) for the period | 9904 | -€18,795 | -€558 | +€18,237 | +97.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,795 | -€558 | +€18,237 | +97.0% |
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 17 October 2026 via checked.be.