ENBRO: what changed
What changed
ENBRO
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
-€818,333
2024 · €214,743-€1.0m
Equity
€12.6m
2024 · €13.5m-€818,333
Cash
€983,943
2024 · €1.3m-€281,034
Balance sheet total
€22.4m
2024 · €23.8m-€1.4m
Largest movements
Assets
- Receivables after one year -€2.2m
down €2.2m (-59.8%), from €3.6m to €1.5m
of which Trade receivables: -€2.2m
- Receivables within one year +€916,881
up €916,881 (+5.3%), from €17.3m to €18.2m
of which Trade receivables: +€1.3m
- Cash -€281,034
down €281,034 (-22.2%), from €1.3m to €983,943
mainly Short-term financial debts (-€1.3m) and Receivables within one year (-€916,881)
Equity and liabilities
- Other debts +€2.0m
up €2.0m (+56.6%), from €3.6m to €5.6m
- Short-term financial debts -€1.3m
down €1.3m (-78.6%), from €1.6m to €350,000
- Tax, wage and social debts -€914,060
down €914,060 (-65.8%), from €1.4m to €475,785
of which Taxes: -€958,621
- Reserves -€818,333
down €818,333 (-6.1%), from €13.4m to €12.6m
of which Distributable reserves: -€569,680
- Trade debts -€252,661
down €252,661 (-8.9%), from €2.8m to €2.6m
Income statement
- Turnover -€8.6m
down €8.6m (-76.9%), from €11.1m to €2.6m
- Other operating income +€4.9m
up €4.9m (+1,404%), from €349,766 to €5.3m
- Goods and materials -€4.3m
down €4.3m (-53.8%), from €8.0m to €3.7m
- Other operating charges +€1.6m
up €1.6m (+3,203%), from €51,263 to €1.7m
- Services and other goods +€441,729
up €441,729 (+33.7%), from €1.3m to €1.8m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€214,743
Turnover
-€8.6m
Other operating income
+€4.9m
Goods and materials
+€4.3m
Services and other goods
-€441,729
Staff costs
-€96,636
Depreciation
+€33,079
Write-downs
+€65,214
Provisions
-€19,447
Other operating charges
-€1.6m
Other operating items
+€90,993
Financial income
-€9,690
Financial charges
+€227,327
Taxes
+€98,841
Result 2025
-€818,333
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.4m
Investment
-€268,901
Financing
-€1.4m
Cash 2024
€1.3m
From operations (derived)
+€1.4m
Net result for the year
-€818,333
Depreciation
+€252,357
Receivables after one year
+€2.2m
Receivables within one year
-€916,881
Deferred charges and accrued income
-€152,589
Provisions
+€19,447
Trade debts
-€252,661
Tax, wage and social debts
-€914,060
Other debts
+€2.0m
Accrued charges and deferred income
-€36,178
Investment (derived)
-€268,901
Investment in fixed assets (net)
-€268,901
Financing
-€1.4m
Debts after one year
-€102,377
Current portion of long-term debt
-€1,917
Short-term financial debts
-€1.3m
Cash 2025
€983,943
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,805,764 | €22,443,007 | -€1.4m | -5.7% |
| Fixed assets | 21/28 | €1,588,612 | €1,605,155 | +€16,543 | +1.0% |
| Intangible fixed assets | 21 | €401,406 | €342,349 | -€59,058 | -14.7% |
| Tangible fixed assets | 22/27 | €1,061,419 | €1,029,473 | -€31,946 | -3.0% |
| Land and buildings | 22 | €1,023,500 | €992,750 | -€30,750 | -3.0% |
| Plant, machinery and equipment | 23 | €22,934 | €16,293 | -€6,640 | -29.0% |
| Furniture and vehicles | 24 | €14,985 | €20,430 | +€5,444 | +36.3% |
| Financial fixed assets | 28 | €125,787 | €233,333 | +€107,547 | +85.5% |
| Companies linked by participating interests | 282/3 | €125,000 | €233,333 | +€108,333 | +86.7% |
| Participating interests | 282 | €125,000 | €125,000 | = | 0.0% |
| Amounts receivable | 283 | - | €108,333 | +€108,333 | |
| Other financial fixed assets | 284/8 | €787 | €0 | -€787 | -100% |
| Amounts receivable and cash guarantees | 285/8 | €787 | €0 | -€787 | -100% |
| Current assets | 29/58 | €22,217,152 | €20,837,852 | -€1.4m | -6.2% |
| Amounts receivable after more than one year | 29 | €3,625,367 | €1,457,632 | -€2.2m | -59.8% |
| Trade receivables | 290 | €3,225,367 | €1,014,432 | -€2.2m | -68.5% |
| Other amounts receivable | 291 | €400,000 | €443,200 | +€43,200 | +10.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €17,255,325 | €18,172,206 | +€916,881 | +5.3% |
| Trade receivables | 40 | €6,035,372 | €7,302,925 | +€1.3m | +21.0% |
| Other amounts receivable | 41 | €11,219,954 | €10,869,281 | -€350,673 | -3.1% |
| Cash at bank and in hand | 54/58 | €1,264,977 | €983,943 | -€281,034 | -22.2% |
| Deferred charges and accrued income | 490/1 | €71,483 | €224,072 | +€152,589 | +213% |
| Total equity and liabilities | 10/49 | €23,805,764 | €22,443,007 | -€1.4m | -5.7% |
| Equity | 10/15 | €13,460,163 | €12,641,830 | -€818,333 | -6.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €13,385,163 | €12,566,830 | -€818,333 | -6.1% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,305,487 | €1,056,834 | -€248,653 | -19.0% |
| Distributable reserves | 133 | €12,072,176 | €11,502,496 | -€569,680 | -4.7% |
| Provisions and deferred taxes | 16 | - | €19,447 | +€19,447 | |
| Provisions for liabilities and charges | 160/5 | - | €19,447 | +€19,447 | |
| Other liabilities and charges | 164/5 | - | €19,447 | +€19,447 | |
| Amounts payable | 17/49 | €10,345,602 | €9,781,731 | -€563,871 | -5.5% |
| Amounts payable after more than one year | 17 | €736,336 | €633,959 | -€102,377 | -13.9% |
| Financial debts | 170/4 | €736,336 | €633,959 | -€102,377 | -13.9% |
| Credit institutions | 173 | €736,336 | €633,959 | -€102,377 | -13.9% |
| Amounts payable within one year | 42/48 | €9,564,168 | €9,138,852 | -€425,316 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €130,464 | €128,547 | -€1,917 | -1.5% |
| Financial debts | 43 | €1,632,001 | €350,000 | -€1.3m | -78.6% |
| Credit institutions | 430/8 | €1,632,001 | €350,000 | -€1.3m | -78.6% |
| Trade debts | 44 | €2,835,866 | €2,583,205 | -€252,661 | -8.9% |
| Suppliers | 440/4 | €2,835,866 | €2,583,205 | -€252,661 | -8.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,389,845 | €475,785 | -€914,060 | -65.8% |
| Taxes | 450/3 | €1,234,535 | €275,914 | -€958,621 | -77.7% |
| Remuneration and social security | 454/9 | €155,310 | €199,871 | +€44,561 | +28.7% |
| Other amounts payable | 47/48 | €3,575,992 | €5,601,315 | +€2.0m | +56.6% |
| Accrued charges and deferred income | 492/3 | €45,098 | €8,920 | -€36,178 | -80.2% |
| Operating income | 70/76A | €11,502,386 | €7,834,619 | -€3.7m | -31.9% |
| Turnover | 70 | €11,127,184 | €2,572,502 | -€8.6m | -76.9% |
| Other operating income | 74 | €349,766 | €5,262,117 | +€4.9m | +1,404% |
| Non-recurring operating income | 76A | €25,436 | €0 | -€25,436 | -100% |
| Operating charges | 60/66A | €11,085,116 | €8,766,903 | -€2.3m | -20.9% |
| Goods for resale, raw materials and consumables | 60 | €8,004,420 | €3,701,025 | -€4.3m | -53.8% |
| Purchases | 600/8 | €8,004,420 | €3,701,025 | -€4.3m | -53.8% |
| Services and other goods | 61 | €1,312,071 | €1,753,801 | +€441,729 | +33.7% |
| Remuneration, social security and pensions | 62 | €1,258,125 | €1,354,760 | +€96,636 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €285,436 | €252,357 | -€33,079 | -11.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €57,373 | -€7,842 | -€65,214 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €19,447 | +€19,447 | |
| Other operating charges | 640/8 | €51,263 | €1,693,355 | +€1.6m | +3,203% |
| Non-recurring operating charges | 66A | €116,429 | €0 | -€116,429 | -100% |
| Operating profit (loss) | 9901 | €417,270 | -€932,284 | -€1.3m | |
| Financial income | 75/76B | €350,185 | €340,494 | -€9,690 | -2.8% |
| Recurring financial income | 75 | €350,185 | €340,494 | -€9,690 | -2.8% |
| Income from financial fixed assets | 750 | - | €2,534 | +€2,534 | |
| Income from current assets | 751 | €349,969 | €334,411 | -€15,557 | -4.4% |
| Other financial income | 752/9 | €216 | €3,549 | +€3,333 | +1,541% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €452,078 | €224,750 | -€227,327 | -50.3% |
| Recurring financial charges | 65 | €452,078 | €224,750 | -€227,327 | -50.3% |
| Debt charges | 650 | €449,544 | €224,750 | -€224,794 | -50.0% |
| Other financial charges | 652/9 | €2,534 | €0 | -€2,534 | -100% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €315,377 | -€816,540 | -€1.1m | |
| Income taxes | 67/77 | €100,634 | €1,793 | -€98,841 | -98.2% |
| Taxes | 670/3 | €107,000 | €2,191 | -€104,809 | -98.0% |
| Tax adjustments and reversals of tax provisions | 77 | €6,366 | €398 | -€5,968 | -93.7% |
| Profit (loss) for the period | 9904 | €214,743 | -€818,333 | -€1.0m | |
| Transfer from tax-exempt reserves | 789 | €193,397 | €248,653 | +€55,256 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €408,140 | -€569,680 | -€977,820 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.