ENDEBE: 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.
ENDEBE
Largest movements
- Receivables within one year -€7,321
down €7,321 (-99.7%), from €7,344 to €23
- Cash -€2,495
down €2,495 (-24.3%), from €10,262 to €7,767
mainly Other debts (-€7,200) and Net result for the year (-€3,189)
- Tangible fixed assets -€352
no longer reported in 2025 (was €352)
- Other debts -€7,200
down €7,200 (-13.6%), from €53,000 to €45,800
- Profit (loss) carried forward -€3,189
down €3,189 (-8.0%), from -€40,042 to -€43,231
- Trade debts +€221
new in 2025: €221
- Gross operating margin -€4,019
down €4,019, from €1,778 to -€2,241
- Turnover -€2,015
no longer reported in 2025 (was €2,015)
- Purchases and services +€1,579
up €1,579 (+238.9%), from €661 to €2,240
- Depreciation -€252
down €252 (-41.7%), from €604 to €352
- Other operating charges +€26
up €26 (+5.1%), from €505 to €531
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 | €17,958 | €7,790 | -€10,168 | -56.6% |
| Fixed assets | 21/28 | €352 | - | -€352 | |
| Tangible fixed assets | 22/27 | €352 | - | -€352 | |
| Furniture and vehicles | 24 | €352 | - | -€352 | |
| Current assets | 29/58 | €17,606 | €7,790 | -€9,816 | -55.8% |
| Amounts receivable within one year | 40/41 | €7,344 | €23 | -€7,321 | -99.7% |
| Other amounts receivable | 41 | €7,344 | €23 | -€7,321 | -99.7% |
| Cash at bank and in hand | 54/58 | €10,262 | €7,767 | -€2,495 | -24.3% |
| Total equity and liabilities | 10/49 | €17,958 | €7,790 | -€10,168 | -56.6% |
| Equity | 10/15 | -€35,042 | -€38,231 | -€3,189 | -9.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,042 | -€43,231 | -€3,189 | -8.0% |
| Amounts payable | 17/49 | €53,000 | €46,021 | -€6,979 | -13.2% |
| Amounts payable within one year | 42/48 | €53,000 | €46,021 | -€6,979 | -13.2% |
| Trade debts | 44 | - | €221 | +€221 | |
| Suppliers | 440/4 | - | €221 | +€221 | |
| Other amounts payable | 47/48 | €53,000 | €45,800 | -€7,200 | -13.6% |
| Turnover | 70 | €2,015 | - | -€2,015 | |
| Goods, raw materials, services and sundry goods | 60/61 | €661 | €2,240 | +€1,579 | +238.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €604 | €352 | -€252 | -41.7% |
| Other operating charges | 640/8 | €505 | €531 | +€26 | +5.1% |
| Gross operating margin | 9900 | €1,778 | -€2,241 | -€4,019 | |
| Operating profit (loss) | 9901 | €669 | -€3,124 | -€3,793 | |
| Financial charges | 65/66B | €59 | €65 | +€6 | +10.2% |
| Recurring financial charges | 65 | €59 | €65 | +€6 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €610 | -€3,189 | -€3,799 | |
| Profit (loss) for the period | 9904 | €610 | -€3,189 | -€3,799 | |
| Profit (loss) for the period to be appropriated | 9905 | €610 | -€3,189 | -€3,799 |
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 12 October 2026 via checked.be.