ENDOGAST: 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.
ENDOGAST
Largest movements
- Cash -€18,445
down €18,445 (-14.0%), from €131,768 to €113,323
mainly Other debts (-€29,000) and Current portion of long-term debt (-€6,325)
- Tangible fixed assets -€10,090
down €10,090 (-46.9%), from €21,526 to €11,436
of which Furniture and vehicles: -€8,216
- Other debts -€29,000
down €29,000 (-76.3%), from €38,000 to €9,000
- Current portion of long-term debt -€6,325
down €6,325 (-83.2%), from €7,599 to €1,274
- Reserves +€5,100
up €5,100 (+5.7%), from €89,259 to €94,359
- Gross operating margin +€789
up €789 (+3.6%), from €22,200 to €22,990
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 | €154,605 | €126,095 | -€28,510 | -18.4% |
| Fixed assets | 21/28 | €21,760 | €11,670 | -€10,090 | -46.4% |
| Tangible fixed assets | 22/27 | €21,526 | €11,436 | -€10,090 | -46.9% |
| Land and buildings | 22 | €3,924 | €2,050 | -€1,874 | -47.8% |
| Furniture and vehicles | 24 | €17,603 | €9,387 | -€8,216 | -46.7% |
| Financial fixed assets | 28 | €234 | €234 | = | 0.0% |
| Current assets | 29/58 | €132,844 | €114,425 | -€18,419 | -13.9% |
| Amounts receivable within one year | 40/41 | €342 | €342 | = | 0.0% |
| Other amounts receivable | 41 | €342 | €342 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €131,768 | €113,323 | -€18,445 | -14.0% |
| Deferred charges and accrued income | 490/1 | €734 | €759 | +€25 | +3.5% |
| Total equity and liabilities | 10/49 | €154,605 | €126,095 | -€28,510 | -18.4% |
| Equity | 10/15 | €100,607 | €105,771 | +€5,165 | +5.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €89,259 | €94,359 | +€5,100 | +5.7% |
| Distributable reserves | 133 | €89,259 | €94,359 | +€5,100 | +5.7% |
| Profit (loss) carried forward | 14 | €5,150 | €5,215 | +€65 | +1.3% |
| Amounts payable | 17/49 | €53,998 | €20,324 | -€33,674 | -62.4% |
| Amounts payable after more than one year | 17 | €1,274 | - | -€1,274 | |
| Financial debts | 170/4 | €1,274 | - | -€1,274 | |
| Amounts payable within one year | 42/48 | €52,724 | €20,324 | -€32,401 | -61.5% |
| Current portion of amounts payable after more than one year | 42 | €7,599 | €1,274 | -€6,325 | -83.2% |
| Financial debts | 43 | - | €734 | +€734 | |
| Credit institutions | 430/8 | - | €734 | +€734 | |
| Trade debts | 44 | €7,125 | €8,497 | +€1,372 | +19.3% |
| Suppliers | 440/4 | €7,125 | €8,497 | +€1,372 | +19.3% |
| Taxes, remuneration and social security | 45 | - | €818 | +€818 | |
| Taxes | 450/3 | - | €818 | +€818 | |
| Other amounts payable | 47/48 | €38,000 | €9,000 | -€29,000 | -76.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,063 | €10,090 | +€28 | +0.3% |
| Other operating charges | 640/8 | €2,012 | €2,017 | +€5 | +0.3% |
| Gross operating margin | 9900 | €22,200 | €22,990 | +€789 | +3.6% |
| Operating profit (loss) | 9901 | €10,126 | €10,882 | +€756 | +7.5% |
| Financial income | 75/76B | €645 | €601 | -€43 | -6.7% |
| Recurring financial income | 75 | €645 | €601 | -€43 | -6.7% |
| Financial charges | 65/66B | €400 | €320 | -€80 | -19.9% |
| Recurring financial charges | 65 | €400 | €320 | -€80 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €10,371 | €11,164 | +€793 | +7.6% |
| Income taxes | 67/77 | €5,907 | €5,999 | +€92 | +1.6% |
| Profit (loss) for the period | 9904 | €4,464 | €5,165 | +€701 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,464 | €5,165 | +€701 | +15.7% |
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 3 October 2026 via checked.be.