Enduring Insight Advisory: 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.
Enduring Insight Advisory
Largest movements
- Receivables after one year +€603,191
up €603,191 (+11.4%), from €5.3m to €5.9m
- Receivables within one year -€314,991
down €314,991 (-84.8%), from €371,472 to €56,481
of which Trade receivables: -€251,558
- Cash +€93,843
up €93,843 (+76.8%), from €122,260 to €216,103
mainly Net result for the year (+€609,818) and Receivables within one year (+€314,991)
- Reserves +€609,800
up €609,800 (+21.7%), from €2.8m to €3.4m
of which Distributable reserves: +€609,800
- Other debts -€311,300
down €311,300 (-56.9%), from €547,502 to €236,202
- Gross operating margin +€684,417
up €684,417 (+318.5%), from €214,867 to €899,284
- Taxes +€178,787
up €178,787 (+110.6%), from €161,602 to €340,389
- Financial income -€16,437
down €16,437 (-14.6%), from €112,704 to €96,266
- Financial charges -€13,564
down €13,564 (-37.3%), from €36,409 to €22,845
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 | €5,838,530 | €6,207,894 | +€369,363 | +6.3% |
| Fixed assets | 21/28 | €50,165 | €37,484 | -€12,680 | -25.3% |
| Tangible fixed assets | 22/27 | €50,165 | €37,484 | -€12,680 | -25.3% |
| Furniture and vehicles | 24 | €50,165 | €37,484 | -€12,680 | -25.3% |
| Current assets | 29/58 | €5,788,366 | €6,170,409 | +€382,043 | +6.6% |
| Amounts receivable after more than one year | 29 | €5,294,634 | €5,897,825 | +€603,191 | +11.4% |
| Other amounts receivable | 291 | €5,294,634 | €5,897,825 | +€603,191 | +11.4% |
| Amounts receivable within one year | 40/41 | €371,472 | €56,481 | -€314,991 | -84.8% |
| Trade receivables | 40 | €280,826 | €29,268 | -€251,558 | -89.6% |
| Other amounts receivable | 41 | €90,646 | €27,213 | -€63,432 | -70.0% |
| Cash at bank and in hand | 54/58 | €122,260 | €216,103 | +€93,843 | +76.8% |
| Total equity and liabilities | 10/49 | €5,838,530 | €6,207,894 | +€369,363 | +6.3% |
| Equity | 10/15 | €5,121,305 | €5,731,123 | +€609,818 | +11.9% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Contributions outside capital | 11 | €168,600 | - | -€168,600 | |
| Other | 1109/19 | €168,600 | - | -€168,600 | |
| Reserves | 13 | €2,808,860 | €3,418,660 | +€609,800 | +21.7% |
| Non-distributable reserves | 130/1 | €16,860 | €16,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,860 | €16,860 | = | 0.0% |
| Distributable reserves | 133 | €2,792,000 | €3,401,800 | +€609,800 | +21.8% |
| Profit (loss) carried forward | 14 | €2,143,845 | €2,143,863 | +€18 | 0.0% |
| Amounts payable | 17/49 | €717,226 | €476,771 | -€240,455 | -33.5% |
| Amounts payable within one year | 42/48 | €717,226 | €476,771 | -€240,455 | -33.5% |
| Trade debts | 44 | €1,954 | €12,666 | +€10,711 | +548.1% |
| Suppliers | 440/4 | €1,954 | €12,666 | +€10,711 | +548.1% |
| Taxes, remuneration and social security | 45 | €167,770 | €227,904 | +€60,134 | +35.8% |
| Taxes | 450/3 | €167,770 | €227,904 | +€60,134 | +35.8% |
| Other amounts payable | 47/48 | €547,502 | €236,202 | -€311,300 | -56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,680 | €12,680 | = | 0.0% |
| Other operating charges | 640/8 | €2,008 | €9,818 | +€7,811 | +389.1% |
| Gross operating margin | 9900 | €214,867 | €899,284 | +€684,417 | +318.5% |
| Operating profit (loss) | 9901 | €200,179 | €876,785 | +€676,606 | +338.0% |
| Financial income | 75/76B | €112,704 | €96,266 | -€16,437 | -14.6% |
| Recurring financial income | 75 | €112,704 | €96,266 | -€16,437 | -14.6% |
| Financial charges | 65/66B | €36,409 | €22,845 | -€13,564 | -37.3% |
| Recurring financial charges | 65 | €36,409 | €22,845 | -€13,564 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | €276,474 | €950,207 | +€673,733 | +243.7% |
| Income taxes | 67/77 | €161,602 | €340,389 | +€178,787 | +110.6% |
| Profit (loss) for the period | 9904 | €114,872 | €609,818 | +€494,946 | +430.9% |
| Profit (loss) for the period to be appropriated | 9905 | €114,872 | €609,818 | +€494,946 | +430.9% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.