ENBOFISC: 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.
ENBOFISC
Largest movements
- Tangible fixed assets -€18,030
down €18,030 (-33.0%), from €54,610 to €36,580
of which Land and buildings: -€12,710
- Cash +€9,067
up €9,067 (+130%), from €6,998 to €16,066
mainly Depreciation (+€18,030) and Net result for the year (+€14,389)
- Receivables within one year +€1,661
up €1,661 (+15.6%), from €10,672 to €12,333
of which Trade receivables: +€2,644
- Current portion of long-term debt -€9,888
down €9,888 (-48.5%), from €20,368 to €10,480
- Reserves +€9,389
up €9,389 (+47.6%), from €19,724 to €29,113
of which Distributable reserves: +€9,389
- Debts after one year -€7,396
down €7,396 (-73.4%), from €10,080 to €2,684
- Trade debts +€754
up €754 (+130%), from €579 to €1,333
- Gross operating margin +€11,873
up €11,873 (+40.1%), from €29,626 to €41,499
- Depreciation +€1,221
up €1,221 (+7.3%), from €16,809 to €18,030
- Financial charges -€900
down €900 (-40.6%), from €2,218 to €1,318
- Financial income +€683
new in 2025: €683
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 | €74,954 | €68,020 | -€6,934 | -9.3% |
| Fixed assets | 21/28 | €54,610 | €36,580 | -€18,030 | -33.0% |
| Tangible fixed assets | 22/27 | €54,610 | €36,580 | -€18,030 | -33.0% |
| Land and buildings | 22 | €41,513 | €28,803 | -€12,710 | -30.6% |
| Furniture and vehicles | 24 | €5,394 | €1,406 | -€3,988 | -73.9% |
| Other tangible fixed assets | 26 | €7,704 | €6,371 | -€1,332 | -17.3% |
| Current assets | 29/58 | €20,344 | €31,440 | +€11,096 | +54.5% |
| Amounts receivable within one year | 40/41 | €10,672 | €12,333 | +€1,661 | +15.6% |
| Trade receivables | 40 | €9,660 | €12,304 | +€2,644 | +27.4% |
| Other amounts receivable | 41 | €1,012 | €29 | -€983 | -97.1% |
| Cash at bank and in hand | 54/58 | €6,998 | €16,066 | +€9,067 | +130% |
| Deferred charges and accrued income | 490/1 | €2,673 | €3,041 | +€368 | +13.8% |
| Total equity and liabilities | 10/49 | €74,954 | €68,020 | -€6,934 | -9.3% |
| Equity | 10/15 | €32,124 | €41,513 | +€9,389 | +29.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,724 | €29,113 | +€9,389 | +47.6% |
| 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 | €17,864 | €27,253 | +€9,389 | +52.6% |
| Amounts payable | 17/49 | €42,830 | €26,507 | -€16,323 | -38.1% |
| Amounts payable after more than one year | 17 | €10,080 | €2,684 | -€7,396 | -73.4% |
| Financial debts | 170/4 | €10,080 | €2,684 | -€7,396 | -73.4% |
| Amounts payable within one year | 42/48 | €32,750 | €23,523 | -€9,227 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €20,368 | €10,480 | -€9,888 | -48.5% |
| Trade debts | 44 | €579 | €1,333 | +€754 | +130% |
| Suppliers | 440/4 | €579 | €1,333 | +€754 | +130% |
| Taxes, remuneration and social security | 45 | €6,037 | €6,394 | +€357 | +5.9% |
| Taxes | 450/3 | €5,187 | €6,394 | +€1,207 | +23.3% |
| Remuneration and social security | 454/9 | €850 | - | -€850 | |
| Other amounts payable | 47/48 | €5,765 | €5,315 | -€450 | -7.8% |
| Accrued charges and deferred income | 492/3 | - | €300 | +€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,809 | €18,030 | +€1,221 | +7.3% |
| Other operating charges | 640/8 | €2,049 | €2,209 | +€160 | +7.8% |
| Gross operating margin | 9900 | €29,626 | €41,499 | +€11,873 | +40.1% |
| Operating profit (loss) | 9901 | €10,767 | €21,259 | +€10,492 | +97.4% |
| Financial income | 75/76B | - | €683 | +€683 | |
| Recurring financial income | 75 | - | €683 | +€683 | |
| Financial charges | 65/66B | €2,218 | €1,318 | -€900 | -40.6% |
| Recurring financial charges | 65 | €2,218 | €1,318 | -€900 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €8,549 | €20,624 | +€12,075 | +141% |
| Income taxes | 67/77 | €6,200 | €6,235 | +€36 | +0.6% |
| Profit (loss) for the period | 9904 | €2,349 | €14,389 | +€12,040 | +512% |
| Profit (loss) for the period to be appropriated | 9905 | €2,349 | €14,389 | +€12,040 | +512% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.