ENDLESS DOORS: 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.
ENDLESS DOORS
Largest movements
- Stocks and contracts -€13,424
down €13,424 (-56.7%), from €23,672 to €10,248
- Intangible fixed assets +€9,406
up €9,406 (+100%), from €9,387 to €18,793
- Receivables within one year -€7,957
down €7,957 (-10.9%), from €72,979 to €65,022
of which Other amounts receivable: -€49,799
- Deferred charges and accrued income -€4,213
down €4,213 (-70.5%), from €5,974 to €1,760
- Trade debts -€21,762
down €21,762 (-52.1%), from €41,747 to €19,985
- Debts after one year -€19,413
down €19,413 (-21.4%), from €90,588 to €71,176
- Current portion of long-term debt +€10,105
up €10,105 (+129%), from €7,809 to €17,914
- Other debts +€8,880
up €8,880 (+368%), from €2,416 to €11,296
- Advances received +€4,859
up €4,859 (+59.9%), from €8,114 to €12,973
- Staff costs -€70,001
down €70,001 (-83.7%), from €83,597 to €13,596
- Gross operating margin -€59,389
down €59,389 (-63.1%), from €94,108 to €34,719
- Depreciation +€11,267
up €11,267 (+186%), from €6,064 to €17,331
- Financial charges +€1,384
up €1,384 (+92.3%), from €1,498 to €2,882
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 | €166,864 | €150,044 | -€16,820 | -10.1% |
| Formation expenses | 20 | €2,498 | €1,873 | -€625 | -25.0% |
| Fixed assets | 21/28 | €51,017 | €59,907 | +€8,890 | +17.4% |
| Intangible fixed assets | 21 | €9,387 | €18,793 | +€9,406 | +100% |
| Tangible fixed assets | 22/27 | €40,907 | €40,391 | -€515 | -1.3% |
| Plant, machinery and equipment | 23 | €7,804 | €11,479 | +€3,675 | +47.1% |
| Furniture and vehicles | 24 | €33,103 | €28,912 | -€4,191 | -12.7% |
| Financial fixed assets | 28 | €723 | €723 | = | 0.0% |
| Current assets | 29/58 | €113,350 | €88,264 | -€25,086 | -22.1% |
| Stocks and contracts in progress | 3 | €23,672 | €10,248 | -€13,424 | -56.7% |
| Stocks | 30/36 | €23,672 | €10,248 | -€13,424 | -56.7% |
| Amounts receivable within one year | 40/41 | €72,979 | €65,022 | -€7,957 | -10.9% |
| Trade receivables | 40 | €23,155 | €64,997 | +€41,842 | +181% |
| Other amounts receivable | 41 | €49,824 | €25 | -€49,799 | -99.9% |
| Cash at bank and in hand | 54/58 | €10,725 | €11,233 | +€508 | +4.7% |
| Deferred charges and accrued income | 490/1 | €5,974 | €1,760 | -€4,213 | -70.5% |
| Total equity and liabilities | 10/49 | €166,864 | €150,044 | -€16,820 | -10.1% |
| Equity | 10/15 | €14,102 | €14,132 | +€31 | +0.2% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €1,502 | €1,532 | +€31 | +2.0% |
| Distributable reserves | 133 | €1,502 | €1,532 | +€31 | +2.0% |
| Amounts payable | 17/49 | €152,763 | €135,912 | -€16,851 | -11.0% |
| Amounts payable after more than one year | 17 | €90,588 | €71,176 | -€19,413 | -21.4% |
| Financial debts | 170/4 | €90,588 | €71,176 | -€19,413 | -21.4% |
| Amounts payable within one year | 42/48 | €62,174 | €64,736 | +€2,562 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €7,809 | €17,914 | +€10,105 | +129% |
| Trade debts | 44 | €41,747 | €19,985 | -€21,762 | -52.1% |
| Suppliers | 440/4 | €41,747 | €19,985 | -€21,762 | -52.1% |
| Advances received on contracts in progress | 46 | €8,114 | €12,973 | +€4,859 | +59.9% |
| Taxes, remuneration and social security | 45 | €2,088 | €2,569 | +€480 | +23.0% |
| Taxes | 450/3 | €573 | €2,513 | +€1,941 | +339% |
| Remuneration and social security | 454/9 | €1,516 | €55 | -€1,461 | -96.4% |
| Other amounts payable | 47/48 | €2,416 | €11,296 | +€8,880 | +368% |
| Remuneration, social security and pensions | 62 | €83,597 | €13,596 | -€70,001 | -83.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,064 | €17,331 | +€11,267 | +186% |
| Other operating charges | 640/8 | €976 | €813 | -€163 | -16.7% |
| Non-recurring operating charges | 66A | - | €177 | +€177 | |
| Gross operating margin | 9900 | €94,108 | €34,719 | -€59,389 | -63.1% |
| Operating profit (loss) | 9901 | €3,471 | €2,802 | -€669 | -19.3% |
| Financial income | 75/76B | €102 | €186 | +€84 | +82.7% |
| Recurring financial income | 75 | €102 | €186 | +€84 | +82.7% |
| Financial charges | 65/66B | €1,498 | €2,882 | +€1,384 | +92.3% |
| Recurring financial charges | 65 | €1,498 | €2,882 | +€1,384 | +92.3% |
| Profit (loss) for the period before taxes | 9903 | €2,074 | €105 | -€1,969 | -94.9% |
| Income taxes | 67/77 | €573 | €75 | -€498 | -87.0% |
| Profit (loss) for the period | 9904 | €1,502 | €31 | -€1,471 | -98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,502 | €31 | -€1,471 | -98.0% |
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 20 October 2026 via checked.be.