ENDRESS + HAUSER: 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.
What changed
ENDRESS + HAUSER
NACE 27.900, Manufacture of electrical equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €710,586+€450,435
Equity
€9.7m
2024 · €9.6m+€61,021
Cash
€2.4m
2024 · €1.8m+€589,953
Balance sheet total
€35.6m
2024 · €32.7m+€3.0m
Largest movements
Assets
- Intangible fixed assets +€8.9m
new in 2025: €8.9m
- Receivables within one year -€7.0m
down €7.0m (-33.8%), from €20.8m to €13.7m
of which Other amounts receivable: -€8.3m
- Stocks and contracts +€816,348
up €816,348 (+149%), from €547,520 to €1.4m
of which Stocks: +€751,747
- Cash +€589,953
up €589,953 (+33.2%), from €1.8m to €2.4m
mainly Receivables within one year (+€7.0m) and Depreciation (+€1.4m)
Equity and liabilities
- Trade debts +€1.4m
up €1.4m (+36.7%), from €3.9m to €5.3m
- Debts after one year +€500,000
up €500,000 (+3.4%), from €14.5m to €15.0m
- Short-term financial debts +€500,000
up €500,000, from €0 to €500,000
- Other debts +€400,000
up €400,000 (+57.1%), from €700,000 to €1.1m
Income statement
- Turnover +€2.8m
up €2.8m (+5.7%), from €49.7m to €52.5m
- Staff costs +€965,269
up €965,269 (+9.6%), from €10.0m to €11.0m
- Depreciation +€943,819
up €943,819 (+193%), from €488,423 to €1.4m
- Other operating income +€888,848
up €888,848 (+59.9%), from €1.5m to €2.4m
- Goods and materials +€800,027
up €800,027 (+2.4%), from €33.2m to €34.0m
of which Purchases: +€1.8m
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.
Result 2024
€710,586
Turnover
+€2.8m
Other operating income
+€888,848
Goods and materials
-€800,027
Services and other goods
-€343,824
Staff costs
-€965,269
Depreciation
-€943,819
Write-downs
+€115,353
Provisions
+€11,649
Other operating charges
+€10,678
Other operating items
+€64,601
Financial income
+€37,922
Financial charges
-€246,086
Taxes
-€202,417
Result 2025
€1.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€10.8m
Investment
-€10.1m
Financing
-€100,000
Cash 2024
€1.8m
From operations (derived)
+€10.8m
Net result for the year
+€1.2m
Depreciation
+€1.4m
Stocks and contracts
-€816,348
Receivables within one year
+€7.0m
Deferred charges and accrued income
+€64,206
Provisions
+€1,851
Trade debts
+€1.4m
Tax, wage and social debts
+€181,414
Advances received
-€92,630
Other debts
+€400,000
Investment (derived)
-€10.1m
Investment in fixed assets (net)
-€10.1m
Financing
-€100,000
Debts after one year
+€500,000
Short-term financial debts
+€500,000
Contributions, distributions and other
-€1.1m
Cash 2025
€2.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,655,741 | €35,620,962 | +€3.0m | +9.1% |
| Fixed assets | 21/28 | €9,491,710 | €18,132,589 | +€8.6m | +91.0% |
| Intangible fixed assets | 21 | - | €8,905,477 | +€8.9m | |
| Tangible fixed assets | 22/27 | €9,289,955 | €9,026,325 | -€263,630 | -2.8% |
| Land and buildings | 22 | €8,558,185 | €8,393,368 | -€164,817 | -1.9% |
| Plant, machinery and equipment | 23 | €391,398 | €348,320 | -€43,078 | -11.0% |
| Furniture and vehicles | 24 | €301,623 | €284,637 | -€16,986 | -5.6% |
| Other tangible fixed assets | 26 | €38,749 | - | -€38,749 | |
| Financial fixed assets | 28 | €201,755 | €200,787 | -€968 | -0.5% |
| Other financial fixed assets | 284/8 | €201,755 | €200,787 | -€968 | -0.5% |
| Amounts receivable and cash guarantees | 285/8 | €201,755 | €200,787 | -€968 | -0.5% |
| Current assets | 29/58 | €23,164,031 | €17,488,373 | -€5.7m | -24.5% |
| Stocks and contracts in progress | 3 | €547,520 | €1,363,868 | +€816,348 | +149% |
| Stocks | 30/36 | €547,520 | €1,299,267 | +€751,747 | +137% |
| Goods purchased for resale | 34 | €547,520 | €1,299,267 | +€751,747 | +137% |
| Contracts in progress | 37 | - | €64,601 | +€64,601 | |
| Amounts receivable within one year | 40/41 | €20,759,940 | €13,742,187 | -€7.0m | -33.8% |
| Trade receivables | 40 | €12,468,801 | €13,707,028 | +€1.2m | +9.9% |
| Other amounts receivable | 41 | €8,291,139 | €35,159 | -€8.3m | -99.6% |
| Cash at bank and in hand | 54/58 | €1,775,885 | €2,365,838 | +€589,953 | +33.2% |
| Deferred charges and accrued income | 490/1 | €80,686 | €16,480 | -€64,206 | -79.6% |
| Total equity and liabilities | 10/49 | €32,655,741 | €35,620,962 | +€3.0m | +9.1% |
| Equity | 10/15 | €9,648,492 | €9,709,513 | +€61,021 | +0.6% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €9,348,492 | €9,409,513 | +€61,021 | +0.7% |
| Non-distributable reserves | 130/1 | €30,768 | €30,768 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Other | 1319 | €768 | €768 | = | 0.0% |
| Tax-exempt reserves | 132 | €132,031 | €132,031 | = | 0.0% |
| Distributable reserves | 133 | €9,185,693 | €9,246,714 | +€61,021 | +0.7% |
| Provisions and deferred taxes | 16 | €297,500 | €299,351 | +€1,851 | +0.6% |
| Provisions for liabilities and charges | 160/5 | €297,500 | €299,351 | +€1,851 | +0.6% |
| Pensions and similar obligations | 160 | €82,500 | €86,351 | +€3,851 | +4.7% |
| Other liabilities and charges | 164/5 | €215,000 | €213,000 | -€2,000 | -0.9% |
| Amounts payable | 17/49 | €22,709,749 | €25,612,098 | +€2.9m | +12.8% |
| Amounts payable after more than one year | 17 | €14,500,000 | €15,000,000 | +€500,000 | +3.4% |
| Financial debts | 170/4 | €14,500,000 | €15,000,000 | +€500,000 | +3.4% |
| Other loans | 174 | €14,500,000 | €15,000,000 | +€500,000 | +3.4% |
| Amounts payable within one year | 42/48 | €8,209,749 | €10,612,098 | +€2.4m | +29.3% |
| Financial debts | 43 | €0 | €500,000 | +€500,000 | |
| Other loans | 439 | €0 | €500,000 | +€500,000 | |
| Trade debts | 44 | €3,854,677 | €5,268,242 | +€1.4m | +36.7% |
| Suppliers | 440/4 | €3,854,677 | €5,268,242 | +€1.4m | +36.7% |
| Advances received on contracts in progress | 46 | €255,726 | €163,096 | -€92,630 | -36.2% |
| Taxes, remuneration and social security | 45 | €3,399,346 | €3,580,760 | +€181,414 | +5.3% |
| Taxes | 450/3 | €1,248,525 | €1,513,224 | +€264,699 | +21.2% |
| Remuneration and social security | 454/9 | €2,150,821 | €2,067,536 | -€83,285 | -3.9% |
| Other amounts payable | 47/48 | €700,000 | €1,100,000 | +€400,000 | +57.1% |
| Operating income | 70/76A | €51,157,025 | €54,933,300 | +€3.8m | +7.4% |
| Turnover | 70 | €49,673,416 | €52,496,242 | +€2.8m | +5.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €64,601 | +€64,601 | |
| Other operating income | 74 | €1,483,609 | €2,372,457 | +€888,848 | +59.9% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Operating charges | 60/66A | €49,661,934 | €52,577,193 | +€2.9m | +5.9% |
| Goods for resale, raw materials and consumables | 60 | €33,238,561 | €34,038,588 | +€800,027 | +2.4% |
| Purchases | 600/8 | €32,986,484 | €34,807,219 | +€1.8m | +5.5% |
| Change in stocks: decrease (increase) | 609 | €252,077 | -€768,631 | -€1.0m | |
| Services and other goods | 61 | €5,569,223 | €5,913,047 | +€343,824 | +6.2% |
| Remuneration, social security and pensions | 62 | €10,039,105 | €11,004,374 | +€965,269 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €488,423 | €1,432,242 | +€943,819 | +193% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €105,595 | -€9,758 | -€115,353 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€7,500 | -€19,149 | -€11,649 | -155% |
| Other operating charges | 640/8 | €228,527 | €217,849 | -€10,678 | -4.7% |
| Operating profit (loss) | 9901 | €1,495,091 | €2,356,107 | +€861,016 | +57.6% |
| Financial income | 75/76B | €14,583 | €52,505 | +€37,922 | +260% |
| Recurring financial income | 75 | €14,583 | €52,505 | +€37,922 | +260% |
| Income from current assets | 751 | €12,551 | €16,280 | +€3,729 | +29.7% |
| Other financial income | 752/9 | €2,032 | €36,225 | +€34,193 | +1,683% |
| Financial charges | 65/66B | €375,226 | €621,312 | +€246,086 | +65.6% |
| Recurring financial charges | 65 | €375,226 | €621,312 | +€246,086 | +65.6% |
| Debt charges | 650 | €336,550 | €576,043 | +€239,493 | +71.2% |
| Other financial charges | 652/9 | €38,676 | €45,269 | +€6,593 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €1,134,448 | €1,787,300 | +€652,852 | +57.5% |
| Income taxes | 67/77 | €423,862 | €626,279 | +€202,417 | +47.8% |
| Taxes | 670/3 | €423,862 | €626,279 | +€202,417 | +47.8% |
| Profit (loss) for the period | 9904 | €710,586 | €1,161,021 | +€450,435 | +63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €710,586 | €1,161,021 | +€450,435 | +63.4% |
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 26 October 2026 via checked.be.