ENDUROMED: 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.
ENDUROMED
Largest movements
- Receivables within one year -€47,572
down €47,572 (-11.5%), from €415,040 to €367,468
of which Other amounts receivable: -€40,222
- Tangible fixed assets +€30,961
up €30,961 (+15.1%), from €204,831 to €235,792
of which Land and buildings: +€176,547
- Cash -€17,768
down €17,768 (-33.3%), from €53,415 to €35,647
mainly Other debts (-€155,413) and Tax, wage and social debts (-€92,581)
- Profit (loss) carried forward +€219,266
up €219,266 (+299%), from €73,342 to €292,608
- Other debts -€155,413
down €155,413 (-43.7%), from €355,413 to €200,000
- Tax, wage and social debts -€92,581
down €92,581 (-93.5%), from €99,032 to €6,452
of which Taxes: -€95,623
- Gross operating margin -€55,489
down €55,489 (-14.4%), from €385,967 to €330,478
- Taxes -€21,994
down €21,994 (-24.4%), from €90,000 to €68,006
- Financial income -€21,416
down €21,416 (-97.3%), from €22,016 to €601
- Depreciation +€4,550
up €4,550 (+22.5%), from €20,216 to €24,766
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €673,287 | €639,157 | -€34,129 | -5.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €204,831 | €236,042 | +€31,211 | +15.2% |
| Tangible fixed assets | 22/27 | €204,831 | €235,792 | +€30,961 | +15.1% |
| Land and buildings | 22 | €6,908 | €183,455 | +€176,547 | +2,556% |
| Plant, machinery and equipment | 23 | €10,654 | €6,491 | -€4,164 | -39.1% |
| Furniture and vehicles | 24 | €27,854 | €16,965 | -€10,889 | -39.1% |
| Other tangible fixed assets | 26 | €28,882 | €28,882 | = | 0.0% |
| Assets under construction and advance payments | 27 | €130,534 | - | -€130,534 | |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €468,456 | €403,115 | -€65,340 | -13.9% |
| Amounts receivable within one year | 40/41 | €415,040 | €367,468 | -€47,572 | -11.5% |
| Trade receivables | 40 | €8,060 | €710 | -€7,350 | -91.2% |
| Other amounts receivable | 41 | €406,980 | €366,758 | -€40,222 | -9.9% |
| Cash at bank and in hand | 54/58 | €53,415 | €35,647 | -€17,768 | -33.3% |
| Total equity and liabilities | 10/49 | €673,287 | €639,157 | -€34,129 | -5.1% |
| Equity | 10/15 | €210,340 | €429,606 | +€219,266 | +104% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €129,998 | €129,998 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €618 | €618 | = | 0.0% |
| Distributable reserves | 133 | €127,380 | €127,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,342 | €292,608 | +€219,266 | +299% |
| Amounts payable | 17/49 | €462,947 | €209,551 | -€253,395 | -54.7% |
| Amounts payable within one year | 42/48 | €462,947 | €209,551 | -€253,395 | -54.7% |
| Trade debts | 44 | €8,501 | €3,100 | -€5,402 | -63.5% |
| Suppliers | 440/4 | €8,501 | €3,100 | -€5,402 | -63.5% |
| Taxes, remuneration and social security | 45 | €99,032 | €6,452 | -€92,581 | -93.5% |
| Taxes | 450/3 | €95,623 | - | -€95,623 | |
| Remuneration and social security | 454/9 | €3,410 | €6,452 | +€3,042 | +89.2% |
| Other amounts payable | 47/48 | €355,413 | €200,000 | -€155,413 | -43.7% |
| Non-recurring operating income | 76A | €212 | - | -€212 | |
| Remuneration, social security and pensions | 62 | €18,791 | €17,069 | -€1,722 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,216 | €24,766 | +€4,550 | +22.5% |
| Other operating charges | 640/8 | €720 | €1,865 | +€1,144 | +159% |
| Non-recurring operating charges | 66A | €4,049 | - | -€4,049 | |
| Gross operating margin | 9900 | €385,967 | €330,478 | -€55,489 | -14.4% |
| Operating profit (loss) | 9901 | €342,191 | €286,778 | -€55,412 | -16.2% |
| Financial income | 75/76B | €22,016 | €601 | -€21,416 | -97.3% |
| Recurring financial income | 75 | €22,016 | €601 | -€21,416 | -97.3% |
| Financial charges | 65/66B | €865 | €106 | -€758 | -87.7% |
| Recurring financial charges | 65 | €865 | €106 | -€758 | -87.7% |
| Profit (loss) for the period before taxes | 9903 | €363,342 | €287,272 | -€76,070 | -20.9% |
| Income taxes | 67/77 | €90,000 | €68,006 | -€21,994 | -24.4% |
| Profit (loss) for the period | 9904 | €273,342 | €219,266 | -€54,076 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €273,342 | €219,266 | -€54,076 | -19.8% |
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 14 October 2026 via checked.be.