Endoworks: 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.
Endoworks
Largest movements
- Cash +€40,864
up €40,864 (+38.1%), from €107,287 to €148,152
mainly Net result for the year (+€63,151) and Depreciation (+€9,450)
- Intangible fixed assets -€6,421
down €6,421 (-57.1%), from €11,237 to €4,816
- Tangible fixed assets -€3,029
down €3,029 (-21.4%), from €14,184 to €11,155
of which Furniture and vehicles: -€2,789
- Receivables within one year -€2,490
down €2,490 (-5.4%), from €46,105 to €43,616
- Profit (loss) carried forward +€63,151
up €63,151 (+52.4%), from €120,514 to €183,665
- Other debts -€29,750
no longer reported in 2025 (was €29,750)
- Tax, wage and social debts -€4,439
down €4,439 (-54.5%), from €8,149 to €3,710
- Gross operating margin +€20,460
up €20,460 (+28.9%), from €70,687 to €91,147
- Taxes +€3,412
up €3,412 (+26.4%), from €12,902 to €16,314
- Depreciation +€2,068
up €2,068 (+28.0%), from €7,382 to €9,450
- Financial income -€1,566
down €1,566 (-92.8%), from €1,687 to €121
- Financial charges +€1,341
up €1,341 (+1077.0%), from €125 to €1,466
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 | €178,992 | €207,889 | +€28,897 | +16.1% |
| Fixed assets | 21/28 | €25,421 | €15,971 | -€9,450 | -37.2% |
| Intangible fixed assets | 21 | €11,237 | €4,816 | -€6,421 | -57.1% |
| Tangible fixed assets | 22/27 | €14,184 | €11,155 | -€3,029 | -21.4% |
| Plant, machinery and equipment | 23 | €1,182 | €942 | -€240 | -20.3% |
| Furniture and vehicles | 24 | €13,002 | €10,213 | -€2,789 | -21.5% |
| Current assets | 29/58 | €153,571 | €191,918 | +€38,347 | +25.0% |
| Amounts receivable within one year | 40/41 | €46,105 | €43,616 | -€2,490 | -5.4% |
| Other amounts receivable | 41 | €46,105 | €43,616 | -€2,490 | -5.4% |
| Cash at bank and in hand | 54/58 | €107,287 | €148,152 | +€40,864 | +38.1% |
| Deferred charges and accrued income | 490/1 | €178 | €151 | -€28 | -15.6% |
| Total equity and liabilities | 10/49 | €178,992 | €207,889 | +€28,897 | +16.1% |
| Equity | 10/15 | €140,919 | €204,070 | +€63,151 | +44.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,514 | €183,665 | +€63,151 | +52.4% |
| Amounts payable | 17/49 | €38,073 | €3,819 | -€34,254 | -90.0% |
| Amounts payable within one year | 42/48 | €38,073 | €3,819 | -€34,254 | -90.0% |
| Trade debts | 44 | €174 | €109 | -€65 | -37.3% |
| Suppliers | 440/4 | €174 | €109 | -€65 | -37.3% |
| Taxes, remuneration and social security | 45 | €8,149 | €3,710 | -€4,439 | -54.5% |
| Taxes | 450/3 | €8,149 | €3,710 | -€4,439 | -54.5% |
| Other amounts payable | 47/48 | €29,750 | - | -€29,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,382 | €9,450 | +€2,068 | +28.0% |
| Other operating charges | 640/8 | €979 | €888 | -€92 | -9.4% |
| Non-recurring operating charges | 66A | €2,864 | - | -€2,864 | |
| Gross operating margin | 9900 | €70,687 | €91,147 | +€20,460 | +28.9% |
| Operating profit (loss) | 9901 | €59,461 | €80,809 | +€21,348 | +35.9% |
| Financial income | 75/76B | €1,687 | €121 | -€1,566 | -92.8% |
| Recurring financial income | 75 | €1,687 | €121 | -€1,566 | -92.8% |
| Financial charges | 65/66B | €125 | €1,466 | +€1,341 | +1077.0% |
| Recurring financial charges | 65 | €125 | €1,466 | +€1,341 | +1077.0% |
| Profit (loss) for the period before taxes | 9903 | €61,023 | €79,464 | +€18,441 | +30.2% |
| Income taxes | 67/77 | €12,902 | €16,314 | +€3,412 | +26.4% |
| Profit (loss) for the period | 9904 | €48,121 | €63,151 | +€15,029 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,121 | €63,151 | +€15,029 | +31.2% |
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 4 October 2026 via checked.be.