ENDOS: 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.
ENDOS
Largest movements
- Receivables within one year -€14,491
down €14,491 (-52.5%), from €27,610 to €13,118
of which Other amounts receivable: -€10,224
- Tangible fixed assets -€12,570
down €12,570 (-16.5%), from €76,221 to €63,651
of which Plant, machinery and equipment: -€8,546
- Receivables after one year -€9,680
down €9,680 (-100%), from €9,680 to €0
- Cash +€1,513
up €1,513 (+396%), from €382 to €1,895
mainly Provisions (+€22,405) and Depreciation (+€16,091)
- Profit (loss) carried forward -€59,090
down €59,090 (-963%), from -€6,135 to -€65,225
- Provisions +€22,405
new in 2025: €22,405
- Short-term financial debts +€10,459
up €10,459 (+18.9%), from €55,409 to €65,867
- Current portion of long-term debt -€8,255
down €8,255 (-47.1%), from €17,516 to €9,261
- Debts after one year -€4,215
down €4,215 (-100%), from €4,215 to €0
- Gross operating margin -€31,341
down €31,341 (-25.9%), from €120,877 to €89,536
- Other operating charges -€8,978
down €8,978 (-43.6%), from €20,574 to €11,596
- Staff costs +€4,408
up €4,408 (+5.4%), from €81,015 to €85,423
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 | €124,328 | €89,367 | -€34,961 | -28.1% |
| Fixed assets | 21/28 | €82,605 | €69,571 | -€13,034 | -15.8% |
| Intangible fixed assets | 21 | €2,094 | €1,604 | -€490 | -23.4% |
| Tangible fixed assets | 22/27 | €76,221 | €63,651 | -€12,570 | -16.5% |
| Land and buildings | 22 | €43,201 | €37,921 | -€5,280 | -12.2% |
| Plant, machinery and equipment | 23 | €21,536 | €12,990 | -€8,546 | -39.7% |
| Furniture and vehicles | 24 | €10,954 | €12,741 | +€1,787 | +16.3% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €530 | €0 | -€530 | -100% |
| Financial fixed assets | 28 | €4,290 | €4,316 | +€26 | +0.6% |
| Current assets | 29/58 | €41,723 | €19,796 | -€21,927 | -52.6% |
| Amounts receivable after more than one year | 29 | €9,680 | €0 | -€9,680 | -100% |
| Other amounts receivable | 291 | €9,680 | €0 | -€9,680 | -100% |
| Amounts receivable within one year | 40/41 | €27,610 | €13,118 | -€14,491 | -52.5% |
| Trade receivables | 40 | €6,708 | €2,441 | -€4,268 | -63.6% |
| Other amounts receivable | 41 | €20,901 | €10,677 | -€10,224 | -48.9% |
| Cash at bank and in hand | 54/58 | €382 | €1,895 | +€1,513 | +396% |
| Deferred charges and accrued income | 490/1 | €4,051 | €4,782 | +€731 | +18.1% |
| Total equity and liabilities | 10/49 | €124,328 | €89,367 | -€34,961 | -28.1% |
| Equity | 10/15 | €20,811 | -€38,279 | -€59,090 | |
| Contributions | 10/11 | €12,408 | €12,408 | = | 0.0% |
| Reserves | 13 | €14,538 | €14,538 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €14,538 | €14,538 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,135 | -€65,225 | -€59,090 | -963% |
| Provisions and deferred taxes | 16 | - | €22,405 | +€22,405 | |
| Provisions for liabilities and charges | 160/5 | - | €22,405 | +€22,405 | |
| Other liabilities and charges | 164/5 | - | €22,405 | +€22,405 | |
| Amounts payable | 17/49 | €103,517 | €105,240 | +€1,724 | +1.7% |
| Amounts payable after more than one year | 17 | €4,215 | €0 | -€4,215 | -100% |
| Financial debts | 170/4 | €4,215 | €0 | -€4,215 | -100% |
| Amounts payable within one year | 42/48 | €99,302 | €105,240 | +€5,939 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €17,516 | €9,261 | -€8,255 | -47.1% |
| Financial debts | 43 | €55,409 | €65,867 | +€10,459 | +18.9% |
| Credit institutions | 430/8 | €55,409 | €65,867 | +€10,459 | +18.9% |
| Trade debts | 44 | €8,453 | €7,689 | -€763 | -9.0% |
| Suppliers | 440/4 | €8,453 | €7,689 | -€763 | -9.0% |
| Taxes, remuneration and social security | 45 | €17,924 | €20,900 | +€2,976 | +16.6% |
| Taxes | 450/3 | €2,896 | €3,568 | +€672 | +23.2% |
| Remuneration and social security | 454/9 | €15,028 | €17,332 | +€2,304 | +15.3% |
| Other amounts payable | 47/48 | €0 | €1,522 | +€1,522 | |
| Remuneration, social security and pensions | 62 | €81,015 | €85,423 | +€4,408 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,404 | €16,091 | -€313 | -1.9% |
| Other operating charges | 640/8 | €20,574 | €11,596 | -€8,978 | -43.6% |
| Non-recurring operating charges | 66A | - | €22,405 | +€22,405 | |
| Gross operating margin | 9900 | €120,877 | €89,536 | -€31,341 | -25.9% |
| Operating profit (loss) | 9901 | €2,885 | -€45,978 | -€48,863 | |
| Financial income | 75/76B | €32 | €0 | -€32 | -100% |
| Recurring financial income | 75 | €32 | €0 | -€32 | -100% |
| Financial charges | 65/66B | €11,791 | €12,839 | +€1,048 | +8.9% |
| Recurring financial charges | 65 | €11,791 | €12,839 | +€1,048 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,875 | -€58,817 | -€49,943 | -563% |
| Income taxes | 67/77 | €262 | €273 | +€10 | +3.9% |
| Profit (loss) for the period | 9904 | -€9,137 | -€59,090 | -€49,953 | -547% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,137 | -€59,090 | -€49,953 | -547% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.