ENAMED: 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.
ENAMED
Largest movements
- Cash +€83,284
up €83,284 (+172.5%), from €48,288 to €131,572
mainly Net result for the year (+€27,430) and Trade debts (+€19,308)
- Receivables within one year -€7,756
down €7,756 (-20.1%), from €38,534 to €30,777
of which Other amounts receivable: -€27,645
- Profit (loss) carried forward +€27,430
up €27,430 (+48.4%), from €56,713 to €84,143
- Trade debts +€19,308
up €19,308 (+258.8%), from €7,461 to €26,769
- Tax, wage and social debts +€18,424
up €18,424 (+92.3%), from €19,964 to €38,388
- Other debts +€11,963
new in 2025: €11,963
- Accrued charges and deferred income -€2,484
no longer reported in 2025 (was €2,484)
- Gross operating margin -€38,322
down €38,322 (-50.2%), from €76,270 to €37,949
- Taxes -€12,764
down €12,764 (-63.9%), from €19,964 to €7,200
- Other operating charges +€2,267
up €2,267 (+585.3%), from €387 to €2,654
- Financial income -€853
no longer reported in 2025 (was €853)
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 | €88,622 | €163,263 | +€74,641 | +84.2% |
| Fixed assets | 21/28 | - | €423 | +€423 | |
| Tangible fixed assets | 22/27 | - | €423 | +€423 | |
| Furniture and vehicles | 24 | - | €423 | +€423 | |
| Current assets | 29/58 | €88,622 | €162,840 | +€74,217 | +83.7% |
| Amounts receivable within one year | 40/41 | €38,534 | €30,777 | -€7,756 | -20.1% |
| Trade receivables | 40 | €10,623 | €30,512 | +€19,889 | +187.2% |
| Other amounts receivable | 41 | €27,911 | €266 | -€27,645 | -99.0% |
| Cash at bank and in hand | 54/58 | €48,288 | €131,572 | +€83,284 | +172.5% |
| Deferred charges and accrued income | 490/1 | €1,800 | €490 | -€1,310 | -72.8% |
| Total equity and liabilities | 10/49 | €88,622 | €163,263 | +€74,641 | +84.2% |
| Equity | 10/15 | €58,713 | €86,143 | +€27,430 | +46.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,713 | €84,143 | +€27,430 | +48.4% |
| Amounts payable | 17/49 | €29,909 | €77,120 | +€47,211 | +157.8% |
| Amounts payable within one year | 42/48 | €27,425 | €77,120 | +€49,695 | +181.2% |
| Trade debts | 44 | €7,461 | €26,769 | +€19,308 | +258.8% |
| Suppliers | 440/4 | €7,461 | €26,769 | +€19,308 | +258.8% |
| Taxes, remuneration and social security | 45 | €19,964 | €38,388 | +€18,424 | +92.3% |
| Taxes | 450/3 | €19,964 | €38,388 | +€18,424 | +92.3% |
| Other amounts payable | 47/48 | - | €11,963 | +€11,963 | |
| Accrued charges and deferred income | 492/3 | €2,484 | - | -€2,484 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €133 | +€133 | |
| Other operating charges | 640/8 | €387 | €2,654 | +€2,267 | +585.3% |
| Gross operating margin | 9900 | €76,270 | €37,949 | -€38,322 | -50.2% |
| Operating profit (loss) | 9901 | €75,883 | €35,162 | -€40,721 | -53.7% |
| Financial income | 75/76B | €853 | - | -€853 | |
| Recurring financial income | 75 | €853 | - | -€853 | |
| Financial charges | 65/66B | €59 | €532 | +€473 | +797.8% |
| Recurring financial charges | 65 | €59 | €532 | +€473 | +797.8% |
| Profit (loss) for the period before taxes | 9903 | €76,677 | €34,630 | -€42,047 | -54.8% |
| Income taxes | 67/77 | €19,964 | €7,200 | -€12,764 | -63.9% |
| Profit (loss) for the period | 9904 | €56,713 | €27,430 | -€29,283 | -51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,713 | €27,430 | -€29,283 | -51.6% |
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 10 October 2026 via checked.be.