Endoliver: 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.
Endoliver
Largest movements
- Receivables within one year -€32,917
down €32,917 (-45.4%), from €72,504 to €39,587
of which Other amounts receivable: -€28,879
- Cash +€11,692
up €11,692 (+1499.2%), from €780 to €12,472
mainly Other debts (+€63,182) and Receivables within one year (+€32,917)
- Tangible fixed assets -€1,203
down €1,203 (-51.9%), from €2,319 to €1,116
- Deferred charges and accrued income +€978
up €978 (+7.3%), from €13,379 to €14,357
- Profit (loss) carried forward -€83,736
no longer reported in 2025 (was €83,736)
- Other debts +€63,182
new in 2025: €63,182
- Trade debts -€3,533
down €3,533 (-98.2%), from €3,598 to €65
- Tax, wage and social debts +€2,637
up €2,637 (+5554.8%), from €47 to €2,685
- Financial charges +€51,721
up €51,721 (+8797.5%), from €588 to €52,309
- Taxes -€5,907
down €5,907 (-97.7%), from €6,047 to €141
- Gross operating margin +€2,925
up €2,925 (+11.5%), from €25,439 to €28,364
- Financial income -€2,071
no longer reported in 2025 (was €2,071)
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 | €89,382 | €67,932 | -€21,450 | -24.0% |
| Fixed assets | 21/28 | €2,719 | €1,516 | -€1,203 | -44.2% |
| Tangible fixed assets | 22/27 | €2,319 | €1,116 | -€1,203 | -51.9% |
| Plant, machinery and equipment | 23 | €2,319 | €1,116 | -€1,203 | -51.9% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €86,663 | €66,416 | -€20,247 | -23.4% |
| Amounts receivable within one year | 40/41 | €72,504 | €39,587 | -€32,917 | -45.4% |
| Trade receivables | 40 | €4,038 | - | -€4,038 | |
| Other amounts receivable | 41 | €68,466 | €39,587 | -€28,879 | -42.2% |
| Cash at bank and in hand | 54/58 | €780 | €12,472 | +€11,692 | +1499.2% |
| Deferred charges and accrued income | 490/1 | €13,379 | €14,357 | +€978 | +7.3% |
| Total equity and liabilities | 10/49 | €89,382 | €67,932 | -€21,450 | -24.0% |
| Equity | 10/15 | €85,736 | €2,000 | -€83,736 | -97.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,736 | - | -€83,736 | |
| Amounts payable | 17/49 | €3,646 | €65,932 | +€62,286 | +1708.4% |
| Amounts payable within one year | 42/48 | €3,646 | €65,932 | +€62,286 | +1708.4% |
| Trade debts | 44 | €3,598 | €65 | -€3,533 | -98.2% |
| Suppliers | 440/4 | €3,598 | €65 | -€3,533 | -98.2% |
| Taxes, remuneration and social security | 45 | €47 | €2,685 | +€2,637 | +5554.8% |
| Taxes | 450/3 | €47 | €2,685 | +€2,637 | +5554.8% |
| Other amounts payable | 47/48 | - | €63,182 | +€63,182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €948 | €1,203 | +€254 | +26.8% |
| Other operating charges | 640/8 | €584 | €463 | -€120 | -20.6% |
| Gross operating margin | 9900 | €25,439 | €28,364 | +€2,925 | +11.5% |
| Operating profit (loss) | 9901 | €23,907 | €26,698 | +€2,791 | +11.7% |
| Financial income | 75/76B | €2,071 | - | -€2,071 | |
| Recurring financial income | 75 | €2,071 | - | -€2,071 | |
| Financial charges | 65/66B | €588 | €52,309 | +€51,721 | +8797.5% |
| Recurring financial charges | 65 | €588 | €52,309 | +€51,721 | +8797.5% |
| Profit (loss) for the period before taxes | 9903 | €25,390 | -€25,611 | -€51,001 | |
| Income taxes | 67/77 | €6,047 | €141 | -€5,907 | -97.7% |
| Profit (loss) for the period | 9904 | €19,343 | -€25,752 | -€45,095 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,343 | -€25,752 | -€45,095 |
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 5 October 2026 via checked.be.