EndoKor: 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.
EndoKor
Largest movements
- Current investments +€150,000
new in 2025: €150,000
- Cash -€107,670
down €107,670 (-58.6%), from €183,791 to €76,121
mainly Contributions, distributions and other (-€315,500) and Current investments (-€150,000)
- Tangible fixed assets -€9,599
down €9,599 (-5.5%), from €175,127 to €165,528
of which Furniture and vehicles: -€17,703
- Other debts +€30,000
up €30,000 (+10.5%), from €285,500 to €315,500
- Gross operating margin +€53,719
up €53,719 (+13.8%), from €389,195 to €442,914
- Depreciation +€9,054
up €9,054 (+44.6%), from €20,283 to €29,337
- Taxes +€8,191
up €8,191 (+8.8%), from €92,776 to €100,967
- Financial income -€6,460
down €6,460 (-69.0%), from €9,358 to €2,898
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 | €369,912 | €401,736 | +€31,823 | +8.6% |
| Fixed assets | 21/28 | €175,127 | €165,528 | -€9,599 | -5.5% |
| Tangible fixed assets | 22/27 | €175,127 | €165,528 | -€9,599 | -5.5% |
| Land and buildings | 22 | €51,697 | €59,286 | +€7,588 | +14.7% |
| Plant, machinery and equipment | 23 | €4,212 | €4,727 | +€515 | +12.2% |
| Furniture and vehicles | 24 | €119,218 | €101,516 | -€17,703 | -14.8% |
| Current assets | 29/58 | €194,785 | €236,208 | +€41,423 | +21.3% |
| Amounts receivable within one year | 40/41 | €9,335 | €6,845 | -€2,489 | -26.7% |
| Trade receivables | 40 | - | €1,323 | +€1,323 | |
| Other amounts receivable | 41 | €9,335 | €5,522 | -€3,812 | -40.8% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €183,791 | €76,121 | -€107,670 | -58.6% |
| Deferred charges and accrued income | 490/1 | €1,660 | €3,242 | +€1,582 | +95.3% |
| Total equity and liabilities | 10/49 | €369,912 | €401,736 | +€31,823 | +8.6% |
| Equity | 10/15 | €68,883 | €68,594 | -€289 | -0.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €65,510 | €65,510 | = | 0.0% |
| Distributable reserves | 133 | €65,510 | €65,510 | = | 0.0% |
| Profit (loss) carried forward | 14 | €373 | €84 | -€289 | -77.4% |
| Amounts payable | 17/49 | €301,029 | €333,142 | +€32,112 | +10.7% |
| Amounts payable within one year | 42/48 | €301,029 | €333,142 | +€32,112 | +10.7% |
| Trade debts | 44 | €5,516 | €9,423 | +€3,907 | +70.8% |
| Suppliers | 440/4 | €5,516 | €9,423 | +€3,907 | +70.8% |
| Taxes, remuneration and social security | 45 | €10,013 | €8,218 | -€1,795 | -17.9% |
| Taxes | 450/3 | €10,013 | €8,218 | -€1,795 | -17.9% |
| Other amounts payable | 47/48 | €285,500 | €315,500 | +€30,000 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,283 | €29,337 | +€9,054 | +44.6% |
| Other operating charges | 640/8 | €236 | - | -€236 | |
| Gross operating margin | 9900 | €389,195 | €442,914 | +€53,719 | +13.8% |
| Operating profit (loss) | 9901 | €368,676 | €413,577 | +€44,901 | +12.2% |
| Financial income | 75/76B | €9,358 | €2,898 | -€6,460 | -69.0% |
| Recurring financial income | 75 | €9,358 | €2,898 | -€6,460 | -69.0% |
| Financial charges | 65/66B | €227 | €297 | +€70 | +31.0% |
| Recurring financial charges | 65 | €227 | €297 | +€70 | +31.0% |
| Profit (loss) for the period before taxes | 9903 | €377,807 | €416,178 | +€38,371 | +10.2% |
| Income taxes | 67/77 | €92,776 | €100,967 | +€8,191 | +8.8% |
| Profit (loss) for the period | 9904 | €285,031 | €315,211 | +€30,180 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €285,031 | €315,211 | +€30,180 | +10.6% |
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 30 September 2026 via checked.be.