ENC Neys: 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.
ENC Neys
Largest movements
- Tangible fixed assets -€42,972
down €42,972 (-8.7%), from €494,161 to €451,189
of which Land and buildings: -€25,188
- Receivables within one year +€9,871
up €9,871 (+63.6%), from €15,531 to €25,402
of which Trade receivables: +€9,856
- Trade debts -€34,080
down €34,080 (-72.8%), from €46,791 to €12,712
- Debts after one year -€28,116
down €28,116 (-11.2%), from €251,685 to €223,569
- Other debts +€25,499
up €25,499 (+30.0%), from €85,038 to €110,537
- Short-term financial debts -€12,500
down €12,500 (-62.5%), from €20,000 to €7,500
- Profit (loss) carried forward +€10,213
up €10,213 (+57.6%), from -€17,716 to -€7,503
- Financial charges -€19,908
down €19,908 (-64.3%), from €30,961 to €11,052
- Taxes +€5,224
up €5,224 (+256%), from €2,043 to €7,268
- Gross operating margin +€3,395
up €3,395 (+4.1%), from €82,451 to €85,847
- Depreciation +€2,489
up €2,489 (+5.7%), from €43,983 to €46,472
- Other operating charges -€1,043
down €1,043 (-8.8%), from €11,884 to €10,842
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 | €549,342 | €511,079 | -€38,263 | -7.0% |
| Fixed assets | 21/28 | €497,311 | €454,339 | -€42,972 | -8.6% |
| Tangible fixed assets | 22/27 | €494,161 | €451,189 | -€42,972 | -8.7% |
| Land and buildings | 22 | €237,254 | €212,066 | -€25,188 | -10.6% |
| Plant, machinery and equipment | 23 | €21,928 | €18,092 | -€3,835 | -17.5% |
| Furniture and vehicles | 24 | €1,908 | €908 | -€1,000 | -52.4% |
| Leasing and similar rights | 25 | €233,071 | €220,123 | -€12,948 | -5.6% |
| Financial fixed assets | 28 | €3,150 | €3,150 | = | 0.0% |
| Current assets | 29/58 | €52,032 | €56,741 | +€4,709 | +9.1% |
| Stocks and contracts in progress | 3 | €14,864 | €16,994 | +€2,130 | +14.3% |
| Stocks | 30/36 | €14,864 | €16,994 | +€2,130 | +14.3% |
| Amounts receivable within one year | 40/41 | €15,531 | €25,402 | +€9,871 | +63.6% |
| Trade receivables | 40 | €13,609 | €23,466 | +€9,856 | +72.4% |
| Other amounts receivable | 41 | €1,921 | €1,936 | +€15 | +0.8% |
| Cash at bank and in hand | 54/58 | €11,992 | €10,001 | -€1,991 | -16.6% |
| Deferred charges and accrued income | 490/1 | €9,645 | €4,344 | -€5,301 | -55.0% |
| Total equity and liabilities | 10/49 | €549,342 | €511,079 | -€38,263 | -7.0% |
| Equity | 10/15 | €68,129 | €78,341 | +€10,213 | +15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €67,245 | €67,245 | = | 0.0% |
| 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 | €65,385 | €65,385 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,716 | -€7,503 | +€10,213 | +57.6% |
| Amounts payable | 17/49 | €481,214 | €432,738 | -€48,476 | -10.1% |
| Amounts payable after more than one year | 17 | €251,685 | €223,569 | -€28,116 | -11.2% |
| Financial debts | 170/4 | €251,685 | €223,569 | -€28,116 | -11.2% |
| Amounts payable within one year | 42/48 | €229,529 | €209,169 | -€20,360 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €60,704 | €54,421 | -€6,283 | -10.3% |
| Financial debts | 43 | €20,000 | €7,500 | -€12,500 | -62.5% |
| Credit institutions | 430/8 | €20,000 | €7,500 | -€12,500 | -62.5% |
| Trade debts | 44 | €46,791 | €12,712 | -€34,080 | -72.8% |
| Suppliers | 440/4 | €46,791 | €12,712 | -€34,080 | -72.8% |
| Advances received on contracts in progress | 46 | - | €316 | +€316 | |
| Taxes, remuneration and social security | 45 | €16,996 | €23,683 | +€6,687 | +39.3% |
| Taxes | 450/3 | €16,996 | €23,683 | +€6,687 | +39.3% |
| Other amounts payable | 47/48 | €85,038 | €110,537 | +€25,499 | +30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,983 | €46,472 | +€2,489 | +5.7% |
| Other operating charges | 640/8 | €11,884 | €10,842 | -€1,043 | -8.8% |
| Gross operating margin | 9900 | €82,451 | €85,847 | +€3,395 | +4.1% |
| Operating profit (loss) | 9901 | €26,584 | €28,533 | +€1,949 | +7.3% |
| Financial income | 75/76B | €2 | €0 | -€2 | -91.4% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -91.4% |
| Financial charges | 65/66B | €30,961 | €11,052 | -€19,908 | -64.3% |
| Recurring financial charges | 65 | €30,961 | €11,052 | -€19,908 | -64.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,375 | €17,480 | +€21,855 | |
| Income taxes | 67/77 | €2,043 | €7,268 | +€5,224 | +256% |
| Profit (loss) for the period | 9904 | -€6,418 | €10,213 | +€16,631 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,418 | €10,213 | +€16,631 |
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 18 October 2026 via checked.be.