ENDO FDH: 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.
ENDO FDH
Largest movements
- Cash +€39,498
up €39,498 (+13.3%), from €297,946 to €337,444
mainly Net result for the year (+€163,808) and Current investments (+€38,929)
- Current investments -€38,929
down €38,929 (-36.7%), from €106,088 to €67,158
- Receivables within one year +€20,037
up €20,037 (+9.2%), from €218,667 to €238,704
of which Other amounts receivable: +€20,699
- Tax, wage and social debts +€16,363
up €16,363 (+23.4%), from €69,795 to €86,158
- Gross operating margin +€26,022
up €26,022 (+14.0%), from €186,219 to €212,241
- Financial income +€23,212
up €23,212 (+239%), from €9,726 to €32,938
- Taxes +€9,911
up €9,911 (+16.3%), from €60,669 to €70,580
- Financial charges +€6,039
up €6,039 (+567%), from €1,065 to €7,105
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 | €637,260 | €660,278 | +€23,018 | +3.6% |
| Fixed assets | 21/28 | €7,321 | €4,581 | -€2,740 | -37.4% |
| Tangible fixed assets | 22/27 | €7,321 | €4,581 | -€2,740 | -37.4% |
| Plant, machinery and equipment | 23 | €515 | €159 | -€357 | -69.2% |
| Furniture and vehicles | 24 | €5,222 | €3,873 | -€1,349 | -25.8% |
| Other tangible fixed assets | 26 | €1,585 | €550 | -€1,035 | -65.3% |
| Current assets | 29/58 | €629,939 | €655,697 | +€25,758 | +4.1% |
| Amounts receivable within one year | 40/41 | €218,667 | €238,704 | +€20,037 | +9.2% |
| Trade receivables | 40 | €662 | €0 | -€662 | -100% |
| Other amounts receivable | 41 | €218,005 | €238,704 | +€20,699 | +9.5% |
| Current investments | 50/53 | €106,088 | €67,158 | -€38,929 | -36.7% |
| Cash at bank and in hand | 54/58 | €297,946 | €337,444 | +€39,498 | +13.3% |
| Deferred charges and accrued income | 490/1 | €7,239 | €12,391 | +€5,153 | +71.2% |
| Total equity and liabilities | 10/49 | €637,260 | €660,278 | +€23,018 | +3.6% |
| Equity | 10/15 | €567,314 | €572,983 | +€5,669 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €534,399 | €540,060 | +€5,661 | +1.1% |
| Tax-exempt reserves | 132 | €150 | €150 | = | 0.0% |
| Distributable reserves | 133 | €534,249 | €539,910 | +€5,661 | +1.1% |
| Profit (loss) carried forward | 14 | €14,315 | €14,323 | +€8 | +0.1% |
| Amounts payable | 17/49 | €69,946 | €87,295 | +€17,349 | +24.8% |
| Amounts payable within one year | 42/48 | €69,946 | €87,295 | +€17,349 | +24.8% |
| Trade debts | 44 | €151 | €1,137 | +€986 | +652% |
| Suppliers | 440/4 | €151 | €1,137 | +€986 | +652% |
| Taxes, remuneration and social security | 45 | €69,795 | €86,158 | +€16,363 | +23.4% |
| Taxes | 450/3 | €69,795 | €86,158 | +€16,363 | +23.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,847 | €2,740 | -€107 | -3.7% |
| Other operating charges | 640/8 | €335 | €946 | +€612 | +183% |
| Gross operating margin | 9900 | €186,219 | €212,241 | +€26,022 | +14.0% |
| Operating profit (loss) | 9901 | €183,037 | €208,554 | +€25,517 | +13.9% |
| Financial income | 75/76B | €9,726 | €32,938 | +€23,212 | +239% |
| Recurring financial income | 75 | €9,726 | €32,938 | +€23,212 | +239% |
| Financial charges | 65/66B | €1,065 | €7,105 | +€6,039 | +567% |
| Recurring financial charges | 65 | €1,065 | €7,105 | +€6,039 | +567% |
| Profit (loss) for the period before taxes | 9903 | €191,698 | €234,388 | +€42,690 | +22.3% |
| Income taxes | 67/77 | €60,669 | €70,580 | +€9,911 | +16.3% |
| Profit (loss) for the period | 9904 | €131,029 | €163,808 | +€32,779 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €131,029 | €163,808 | +€32,779 | +25.0% |
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.