EndOli: 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.
EndOli
Largest movements
- Cash -€26,832
down €26,832 (-60.5%), from €44,335 to €17,503
mainly Contributions, distributions and other (-€54,180) and Deferred charges and accrued income (-€6,449)
- Deferred charges and accrued income +€6,449
up €6,449 (+48.3%), from €13,358 to €19,807
- Current investments +€3,900
up €3,900 (+100.0%), from €3,900 to €7,800
- Receivables within one year +€2,532
up €2,532 (+246.5%), from €1,027 to €3,559
- Tangible fixed assets -€1,851
down €1,851 (-48.0%), from €3,860 to €2,009
- Profit (loss) carried forward -€14,173
no longer reported in 2025 (was €14,173)
- Tax, wage and social debts -€5,887
down €5,887 (-34.4%), from €17,092 to €11,205
of which Taxes: -€5,887
- Other debts +€4,082
up €4,082 (+12.5%), from €32,715 to €36,797
- Gross operating margin +€858
up €858 (+1.6%), from €53,394 to €54,253
- Depreciation +€692
up €692 (+59.7%), from €1,159 to €1,851
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 | €66,480 | €50,678 | -€15,802 | -23.8% |
| Fixed assets | 21/28 | €3,860 | €2,009 | -€1,851 | -48.0% |
| Tangible fixed assets | 22/27 | €3,860 | €2,009 | -€1,851 | -48.0% |
| Plant, machinery and equipment | 23 | €3,860 | €2,009 | -€1,851 | -48.0% |
| Current assets | 29/58 | €62,620 | €48,669 | -€13,951 | -22.3% |
| Amounts receivable within one year | 40/41 | €1,027 | €3,559 | +€2,532 | +246.5% |
| Other amounts receivable | 41 | €1,027 | €3,559 | +€2,532 | +246.5% |
| Current investments | 50/53 | €3,900 | €7,800 | +€3,900 | +100.0% |
| Cash at bank and in hand | 54/58 | €44,335 | €17,503 | -€26,832 | -60.5% |
| Deferred charges and accrued income | 490/1 | €13,358 | €19,807 | +€6,449 | +48.3% |
| Total equity and liabilities | 10/49 | €66,480 | €50,678 | -€15,802 | -23.8% |
| Equity | 10/15 | €16,673 | €2,500 | -€14,173 | -85.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,173 | - | -€14,173 | |
| Amounts payable | 17/49 | €49,806 | €48,178 | -€1,629 | -3.3% |
| Amounts payable within one year | 42/48 | €49,806 | €48,178 | -€1,629 | -3.3% |
| Trade debts | 44 | - | €176 | +€176 | |
| Suppliers | 440/4 | - | €176 | +€176 | |
| Taxes, remuneration and social security | 45 | €17,092 | €11,205 | -€5,887 | -34.4% |
| Taxes | 450/3 | €14,092 | €8,205 | -€5,887 | -41.8% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €32,715 | €36,797 | +€4,082 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,159 | €1,851 | +€692 | +59.7% |
| Other operating charges | 640/8 | €993 | €921 | -€72 | -7.2% |
| Gross operating margin | 9900 | €53,394 | €54,253 | +€858 | +1.6% |
| Operating profit (loss) | 9901 | €51,242 | €51,480 | +€238 | +0.5% |
| Financial charges | 65/66B | €77 | €78 | +€1 | +1.8% |
| Recurring financial charges | 65 | €77 | €78 | +€1 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €51,166 | €51,402 | +€237 | +0.5% |
| Income taxes | 67/77 | €11,318 | €11,395 | +€77 | +0.7% |
| Profit (loss) for the period | 9904 | €39,847 | €40,007 | +€160 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,847 | €40,007 | +€160 | +0.4% |
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 9 October 2026 via checked.be.