Endurance Solutions: 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.
Endurance Solutions
Largest movements
- Receivables within one year +€34,394
up €34,394 (+64.0%), from €53,778 to €88,172
of which Other amounts receivable: +€32,733
- Cash -€20,476
down €20,476 (-75.9%), from €26,965 to €6,490
mainly Receivables within one year (-€34,394) and Trade debts (-€19,065)
- Tangible fixed assets -€5,515
down €5,515 (-52.5%), from €10,508 to €4,993
of which Furniture and vehicles: -€5,515
- Stocks and contracts +€4,364
up €4,364 (+252%), from €1,728 to €6,092
- Deferred charges and accrued income +€1,499
new in 2024: €1,499
- Short-term financial debts +€30,000
new in 2024: €30,000
- Trade debts -€19,065
down €19,065 (-70.4%), from €27,065 to €8,000
- Reserves +€13,002
up €13,002 (+20.0%), from €65,124 to €78,126
of which Distributable reserves: +€13,002
- Debts after one year -€6,738
down €6,738 (-86.5%), from €7,793 to €1,055
- Tax, wage and social debts -€3,239
down €3,239 (-25.5%), from €12,689 to €9,450
- Gross operating margin +€10,097
up €10,097 (+48.6%), from €20,788 to €30,885
- Financial charges +€3,818
up €3,818 (+2,168%), from €176 to €3,994
- Other operating charges +€2,835
up €2,835 (+733%), from €387 to €3,222
- Financial income +€1,568
up €1,568 (+1,875%), from €84 to €1,652
- Taxes +€1,420
up €1,420 (+28.4%), from €4,999 to €6,418
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,979 | €132,246 | +€14,266 | +12.1% |
| Fixed assets | 21/28 | €10,508 | €4,993 | -€5,515 | -52.5% |
| Tangible fixed assets | 22/27 | €10,508 | €4,993 | -€5,515 | -52.5% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €10,508 | €4,993 | -€5,515 | -52.5% |
| Current assets | 29/58 | €107,472 | €127,253 | +€19,781 | +18.4% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,728 | €6,092 | +€4,364 | +252% |
| Stocks | 30/36 | €1,728 | €6,092 | +€4,364 | +252% |
| Amounts receivable within one year | 40/41 | €53,778 | €88,172 | +€34,394 | +64.0% |
| Trade receivables | 40 | €53,035 | €54,696 | +€1,661 | +3.1% |
| Other amounts receivable | 41 | €743 | €33,476 | +€32,733 | +4,407% |
| Cash at bank and in hand | 54/58 | €26,965 | €6,490 | -€20,476 | -75.9% |
| Deferred charges and accrued income | 490/1 | - | €1,499 | +€1,499 | |
| Total equity and liabilities | 10/49 | €117,979 | €132,246 | +€14,266 | +12.1% |
| Equity | 10/15 | €67,624 | €80,626 | +€13,002 | +19.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €65,124 | €78,126 | +€13,002 | +20.0% |
| Non-distributable reserves | 130/1 | €8,386 | €8,386 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,386 | €8,386 | = | 0.0% |
| Distributable reserves | 133 | €56,738 | €69,740 | +€13,002 | +22.9% |
| Amounts payable | 17/49 | €50,356 | €51,620 | +€1,264 | +2.5% |
| Amounts payable after more than one year | 17 | €7,793 | €1,055 | -€6,738 | -86.5% |
| Financial debts | 170/4 | €7,793 | €1,055 | -€6,738 | -86.5% |
| Amounts payable within one year | 42/48 | €42,563 | €50,565 | +€8,002 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €2,809 | €3,116 | +€307 | +10.9% |
| Financial debts | 43 | - | €30,000 | +€30,000 | |
| Credit institutions | 430/8 | - | €30,000 | +€30,000 | |
| Trade debts | 44 | €27,065 | €8,000 | -€19,065 | -70.4% |
| Suppliers | 440/4 | €27,065 | €8,000 | -€19,065 | -70.4% |
| Taxes, remuneration and social security | 45 | €12,689 | €9,450 | -€3,239 | -25.5% |
| Taxes | 450/3 | €12,689 | €9,450 | -€3,239 | -25.5% |
| Non-recurring operating income | 76A | - | €2,100 | +€2,100 | |
| Remuneration, social security and pensions | 62 | €532 | €85 | -€447 | -84.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,110 | €5,515 | +€405 | +7.9% |
| Other operating charges | 640/8 | €387 | €3,222 | +€2,835 | +733% |
| Non-recurring operating charges | 66A | - | €300 | +€300 | |
| Gross operating margin | 9900 | €20,788 | €30,885 | +€10,097 | +48.6% |
| Operating profit (loss) | 9901 | €14,759 | €21,763 | +€7,004 | +47.5% |
| Financial income | 75/76B | €84 | €1,652 | +€1,568 | +1,875% |
| Recurring financial income | 75 | €84 | €1,652 | +€1,568 | +1,875% |
| Financial charges | 65/66B | €176 | €3,994 | +€3,818 | +2,168% |
| Recurring financial charges | 65 | €176 | €3,994 | +€3,818 | +2,168% |
| Profit (loss) for the period before taxes | 9903 | €14,667 | €19,420 | +€4,754 | +32.4% |
| Income taxes | 67/77 | €4,999 | €6,418 | +€1,420 | +28.4% |
| Profit (loss) for the period | 9904 | €9,668 | €13,002 | +€3,334 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,668 | €13,002 | +€3,334 | +34.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.