ENDURIO: 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.
ENDURIO
Largest movements
- Cash -€44,500
down €44,500 (-45.1%), from €98,570 to €54,070
mainly Net result for the year (-€32,291) and Current investments (-€10,247)
- Current investments +€10,247
up €10,247 (+4.4%), from €231,415 to €241,661
- Receivables within one year +€9,775
up €9,775 (+124.3%), from €7,863 to €17,638
of which Other amounts receivable: +€9,775
- Profit (loss) carried forward -€32,291
down €32,291, from €0 to -€32,291
- Other debts +€9,809
up €9,809 (+10.8%), from €90,520 to €100,329
- Gross operating margin -€60,250
down €60,250, from €33,141 to -€27,109
- Financial income -€4,111
down €4,111 (-57.5%), from €7,152 to €3,041
- Taxes -€1,609
down €1,609 (-87.6%), from €1,838 to €229
- Other operating charges -€1,000
down €1,000 (-53.1%), from €1,884 to €884
- Financial charges -€398
down €398 (-5.7%), from €6,944 to €6,547
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 | €339,575 | €314,564 | -€25,011 | -7.4% |
| Fixed assets | 21/28 | €1,193 | €630 | -€563 | -47.2% |
| Tangible fixed assets | 22/27 | €1,188 | €625 | -€563 | -47.4% |
| Furniture and vehicles | 24 | €1,188 | €625 | -€563 | -47.4% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €338,382 | €313,934 | -€24,447 | -7.2% |
| Amounts receivable within one year | 40/41 | €7,863 | €17,638 | +€9,775 | +124.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €7,863 | €17,638 | +€9,775 | +124.3% |
| Current investments | 50/53 | €231,415 | €241,661 | +€10,247 | +4.4% |
| Cash at bank and in hand | 54/58 | €98,570 | €54,070 | -€44,500 | -45.1% |
| Deferred charges and accrued income | 490/1 | €534 | €565 | +€31 | +5.8% |
| Total equity and liabilities | 10/49 | €339,575 | €314,564 | -€25,011 | -7.4% |
| Equity | 10/15 | €234,374 | €202,083 | -€32,291 | -13.8% |
| Contributions | 10/11 | €81,605 | €81,605 | = | 0.0% |
| Reserves | 13 | €152,769 | €152,769 | = | 0.0% |
| Distributable reserves | 133 | €152,769 | €152,769 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€32,291 | -€32,291 | |
| Amounts payable | 17/49 | €105,201 | €112,481 | +€7,280 | +6.9% |
| Amounts payable within one year | 42/48 | €98,652 | €106,475 | +€7,823 | +7.9% |
| Trade debts | 44 | €584 | €551 | -€34 | -5.8% |
| Suppliers | 440/4 | €584 | €551 | -€34 | -5.8% |
| Taxes, remuneration and social security | 45 | €7,547 | €5,595 | -€1,952 | -25.9% |
| Taxes | 450/3 | €7,547 | €5,595 | -€1,952 | -25.9% |
| Other amounts payable | 47/48 | €90,520 | €100,329 | +€9,809 | +10.8% |
| Accrued charges and deferred income | 492/3 | €6,549 | €6,006 | -€543 | -8.3% |
| Non-recurring operating income | 76A | €2,000 | €0 | -€2,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €563 | €563 | = | 0.0% |
| Other operating charges | 640/8 | €1,884 | €884 | -€1,000 | -53.1% |
| Gross operating margin | 9900 | €33,141 | -€27,109 | -€60,250 | |
| Operating profit (loss) | 9901 | €30,693 | -€28,557 | -€59,250 | |
| Financial income | 75/76B | €7,152 | €3,041 | -€4,111 | -57.5% |
| Recurring financial income | 75 | €7,152 | €3,041 | -€4,111 | -57.5% |
| Financial charges | 65/66B | €6,944 | €6,547 | -€398 | -5.7% |
| Recurring financial charges | 65 | €6,944 | €6,547 | -€398 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €30,901 | -€32,062 | -€62,964 | |
| Income taxes | 67/77 | €1,838 | €229 | -€1,609 | -87.6% |
| Profit (loss) for the period | 9904 | €29,064 | -€32,291 | -€61,355 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,064 | -€32,291 | -€61,355 |
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 8 October 2026 via checked.be.