ENAMM: 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.
ENAMM
Largest movements
- Cash +€25,561
up €25,561 (+35.7%), from €71,538 to €97,099
mainly Depreciation (+€56,644) and Net result for the year (+€31,021)
- Intangible fixed assets -€20,857
down €20,857 (-100%), from €20,857 to €0
- Tangible fixed assets -€13,435
down €13,435 (-19.7%), from €68,218 to €54,783
of which Furniture and vehicles: -€7,434
- Stocks and contracts -€6,351
down €6,351 (-6.9%), from €92,236 to €85,885
- Receivables within one year -€4,183
down €4,183 (-21.0%), from €19,909 to €15,725
of which Other amounts receivable: -€3,455
- Debts after one year -€56,850
down €56,850 (-85.2%), from €66,702 to €9,852
- Reserves +€31,000
up €31,000 (+22.8%), from €135,860 to €166,860
of which Distributable reserves: +€31,000
- Trade debts +€6,680
up €6,680 (+583%), from €1,145 to €7,825
- Depreciation -€20,633
down €20,633 (-26.7%), from €77,277 to €56,644
- Gross operating margin -€16,565
down €16,565 (-13.5%), from €122,563 to €105,998
- Staff costs -€13,149
down €13,149 (-100%), from €13,149 to €0
- Taxes +€6,849
up €6,849 (+144%), from €4,751 to €11,600
- Other operating charges -€1,711
down €1,711 (-24.6%), from €6,957 to €5,247
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 | €276,819 | €256,757 | -€20,062 | -7.2% |
| Fixed assets | 21/28 | €92,150 | €57,858 | -€34,292 | -37.2% |
| Intangible fixed assets | 21 | €20,857 | €0 | -€20,857 | -100% |
| Tangible fixed assets | 22/27 | €68,218 | €54,783 | -€13,435 | -19.7% |
| Land and buildings | 22 | €4,879 | €1,838 | -€3,041 | -62.3% |
| Plant, machinery and equipment | 23 | €34,232 | €37,182 | +€2,950 | +8.6% |
| Furniture and vehicles | 24 | €23,196 | €15,762 | -€7,434 | -32.0% |
| Leasing and similar rights | 25 | €5,911 | €0 | -€5,911 | -100% |
| Financial fixed assets | 28 | €3,075 | €3,075 | = | 0.0% |
| Current assets | 29/58 | €184,669 | €198,900 | +€14,230 | +7.7% |
| Stocks and contracts in progress | 3 | €92,236 | €85,885 | -€6,351 | -6.9% |
| Stocks | 30/36 | €92,236 | €85,885 | -€6,351 | -6.9% |
| Amounts receivable within one year | 40/41 | €19,909 | €15,725 | -€4,183 | -21.0% |
| Trade receivables | 40 | €8,957 | €8,228 | -€729 | -8.1% |
| Other amounts receivable | 41 | €10,952 | €7,497 | -€3,455 | -31.5% |
| Cash at bank and in hand | 54/58 | €71,538 | €97,099 | +€25,561 | +35.7% |
| Deferred charges and accrued income | 490/1 | €987 | €191 | -€796 | -80.7% |
| Total equity and liabilities | 10/49 | €276,819 | €256,757 | -€20,062 | -7.2% |
| Equity | 10/15 | €142,849 | €173,871 | +€31,021 | +21.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €135,860 | €166,860 | +€31,000 | +22.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €134,000 | €165,000 | +€31,000 | +23.1% |
| Profit (loss) carried forward | 14 | €789 | €811 | +€21 | +2.7% |
| Amounts payable | 17/49 | €133,970 | €82,887 | -€51,084 | -38.1% |
| Amounts payable after more than one year | 17 | €66,702 | €9,852 | -€56,850 | -85.2% |
| Financial debts | 170/4 | €66,702 | €9,852 | -€56,850 | -85.2% |
| Amounts payable within one year | 42/48 | €67,268 | €73,035 | +€5,766 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €57,821 | €56,850 | -€971 | -1.7% |
| Trade debts | 44 | €1,145 | €7,825 | +€6,680 | +583% |
| Suppliers | 440/4 | €1,145 | €7,825 | +€6,680 | +583% |
| Advances received on contracts in progress | 46 | €6,442 | €6,442 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,860 | €1,919 | +€58 | +3.1% |
| Taxes | 450/3 | €1,542 | €1,600 | +€58 | +3.8% |
| Remuneration and social security | 454/9 | €319 | €319 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €13,149 | €0 | -€13,149 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,277 | €56,644 | -€20,633 | -26.7% |
| Other operating charges | 640/8 | €6,957 | €5,247 | -€1,711 | -24.6% |
| Gross operating margin | 9900 | €122,563 | €105,998 | -€16,565 | -13.5% |
| Operating profit (loss) | 9901 | €25,180 | €44,107 | +€18,927 | +75.2% |
| Financial income | 75/76B | €1,788 | €1,311 | -€476 | -26.7% |
| Recurring financial income | 75 | €1,788 | €1,311 | -€476 | -26.7% |
| Financial charges | 65/66B | €4,116 | €2,797 | -€1,319 | -32.0% |
| Recurring financial charges | 65 | €4,116 | €2,797 | -€1,319 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €22,851 | €42,621 | +€19,770 | +86.5% |
| Income taxes | 67/77 | €4,751 | €11,600 | +€6,849 | +144% |
| Profit (loss) for the period | 9904 | €18,100 | €31,021 | +€12,921 | +71.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,100 | €31,021 | +€12,921 | +71.4% |
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 14 October 2026 via checked.be.