ENCY COMPAGNIE: what changed
Two fiscal 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.
ENCY COMPAGNIE
Largest movements
- Receivables within one year +€14,791
up €14,791 (+12.9%), from €114,326 to €129,117
of which Trade receivables: +€7,496
- Tangible fixed assets +€11,065
new in 2025: €11,065
- Cash -€1,424
down €1,424 (-63.0%), from €2,261 to €837
mainly Contributions, distributions and other (-€15,000) and Receivables within one year (-€14,791)
- Profit (loss) carried forward +€20,417
up €20,417 (+31.0%), from €65,825 to €86,243
- Tax, wage and social debts +€3,750
up €3,750 (+34.7%), from €10,796 to €14,546
- Other operating charges -€4,140
down €4,140 (-85.3%), from €4,853 to €713
- Gross operating margin +€3,530
up €3,530 (+8.3%), from €42,408 to €45,938
- Taxes +€1,217
up €1,217 (+14.5%), from €8,409 to €9,626
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 | €116,587 | €141,019 | +€24,433 | +21.0% |
| Fixed assets | 21/28 | - | €11,065 | +€11,065 | |
| Tangible fixed assets | 22/27 | - | €11,065 | +€11,065 | |
| Furniture and vehicles | 24 | - | €11,065 | +€11,065 | |
| Current assets | 29/58 | €116,587 | €129,954 | +€13,368 | +11.5% |
| Amounts receivable within one year | 40/41 | €114,326 | €129,117 | +€14,791 | +12.9% |
| Trade receivables | 40 | €15,834 | €23,331 | +€7,496 | +47.3% |
| Other amounts receivable | 41 | €98,491 | €105,787 | +€7,295 | +7.4% |
| Cash at bank and in hand | 54/58 | €2,261 | €837 | -€1,424 | -63.0% |
| Total equity and liabilities | 10/49 | €116,587 | €141,019 | +€24,433 | +21.0% |
| Equity | 10/15 | €89,199 | €109,617 | +€20,417 | +22.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €17,174 | €17,174 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,830 | €1,830 | = | 0.0% |
| Legal reserve | 130 | €1,830 | €1,830 | = | 0.0% |
| Distributable reserves | 133 | €15,344 | €15,344 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,825 | €86,243 | +€20,417 | +31.0% |
| Amounts payable | 17/49 | €27,387 | €31,403 | +€4,015 | +14.7% |
| Amounts payable within one year | 42/48 | €27,387 | €31,403 | +€4,015 | +14.7% |
| Financial debts | 43 | €192 | €192 | = | 0.0% |
| Credit institutions | 430/8 | €192 | €192 | = | 0.0% |
| Trade debts | 44 | €1,400 | €1,377 | -€23 | -1.6% |
| Suppliers | 440/4 | €1,400 | €1,377 | -€23 | -1.6% |
| Taxes, remuneration and social security | 45 | €10,796 | €14,546 | +€3,750 | +34.7% |
| Taxes | 450/3 | €10,796 | €14,546 | +€3,750 | +34.7% |
| Other amounts payable | 47/48 | €15,000 | €15,288 | +€288 | +1.9% |
| Other operating charges | 640/8 | €4,853 | €713 | -€4,140 | -85.3% |
| Gross operating margin | 9900 | €42,408 | €45,938 | +€3,530 | +8.3% |
| Operating profit (loss) | 9901 | €37,555 | €45,225 | +€7,670 | +20.4% |
| Financial charges | 65/66B | €161 | €181 | +€20 | +12.5% |
| Recurring financial charges | 65 | €161 | €181 | +€20 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €37,394 | €45,044 | +€7,649 | +20.5% |
| Income taxes | 67/77 | €8,409 | €9,626 | +€1,217 | +14.5% |
| Profit (loss) for the period | 9904 | €28,985 | €35,417 | +€6,432 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,985 | €35,417 | +€6,432 | +22.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.