ENDUVA: 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.
ENDUVA
Largest movements
- Cash +€19,399
up €19,399 (+3.8%), from €509,243 to €528,642
mainly Depreciation (+€12,620) and Tax, wage and social debts (+€10,673)
- Other debts -€19,701
down €19,701 (-2.3%), from €861,249 to €841,548
- Gross operating margin +€47,157
up €47,157, from -€27,088 to €20,069
- Financial charges -€47,102
down €47,102 (-99.5%), from €47,335 to €233
- Financial income -€9,151
down €9,151 (-54.7%), from €16,720 to €7,569
- Other operating charges -€3,903
down €3,903 (-40.0%), from €9,767 to €5,864
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 | €1,291,973 | €1,297,358 | +€5,385 | +0.4% |
| Fixed assets | 21/28 | €38,035 | €25,565 | -€12,470 | -32.8% |
| Tangible fixed assets | 22/27 | €37,857 | €25,237 | -€12,620 | -33.3% |
| Plant, machinery and equipment | 23 | €3,029 | €2,031 | -€998 | -32.9% |
| Furniture and vehicles | 24 | €34,828 | €23,206 | -€11,622 | -33.4% |
| Financial fixed assets | 28 | €178 | €328 | +€150 | +84.3% |
| Current assets | 29/58 | €1,253,938 | €1,271,794 | +€17,856 | +1.4% |
| Stocks and contracts in progress | 3 | €719,162 | €719,162 | = | 0.0% |
| Stocks | 30/36 | €719,162 | €719,162 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,450 | €20,953 | -€2,497 | -10.6% |
| Trade receivables | 40 | €5,838 | €16,569 | +€10,731 | +184% |
| Other amounts receivable | 41 | €17,612 | €4,384 | -€13,228 | -75.1% |
| Cash at bank and in hand | 54/58 | €509,243 | €528,642 | +€19,399 | +3.8% |
| Deferred charges and accrued income | 490/1 | €2,083 | €3,037 | +€954 | +45.8% |
| Total equity and liabilities | 10/49 | €1,291,973 | €1,297,358 | +€5,385 | +0.4% |
| Equity | 10/15 | €416,491 | €425,034 | +€8,543 | +2.1% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Reserves | 13 | €276,782 | €276,781 | -€1 | 0.0% |
| Distributable reserves | 133 | €276,782 | €276,781 | -€1 | 0.0% |
| Profit (loss) carried forward | 14 | -€80,291 | -€71,747 | +€8,544 | +10.6% |
| Amounts payable | 17/49 | €875,482 | €872,324 | -€3,158 | -0.4% |
| Amounts payable after more than one year | 17 | €246 | €906 | +€660 | +268% |
| Other amounts payable | 178/9 | €246 | €906 | +€660 | +268% |
| Amounts payable within one year | 42/48 | €875,236 | €871,418 | -€3,818 | -0.4% |
| Trade debts | 44 | €6,816 | €12,026 | +€5,210 | +76.4% |
| Suppliers | 440/4 | €6,816 | €12,026 | +€5,210 | +76.4% |
| Taxes, remuneration and social security | 45 | €7,171 | €17,844 | +€10,673 | +149% |
| Taxes | 450/3 | €171 | €10,844 | +€10,673 | +6,242% |
| Remuneration and social security | 454/9 | €7,000 | €7,000 | +€0 | 0.0% |
| Other amounts payable | 47/48 | €861,249 | €841,548 | -€19,701 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,630 | €12,620 | -€10 | -0.1% |
| Other operating charges | 640/8 | €9,767 | €5,864 | -€3,903 | -40.0% |
| Gross operating margin | 9900 | -€27,088 | €20,069 | +€47,157 | |
| Operating profit (loss) | 9901 | -€49,485 | €1,585 | +€51,070 | |
| Financial income | 75/76B | €16,720 | €7,569 | -€9,151 | -54.7% |
| Recurring financial income | 75 | €16,720 | €7,569 | -€9,151 | -54.7% |
| Financial charges | 65/66B | €47,335 | €233 | -€47,102 | -99.5% |
| Recurring financial charges | 65 | €47,335 | €233 | -€47,102 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | -€80,100 | €8,921 | +€89,021 | |
| Income taxes | 67/77 | €398 | €378 | -€20 | -5.1% |
| Profit (loss) for the period | 9904 | -€80,498 | €8,544 | +€89,042 | |
| Profit (loss) for the period to be appropriated | 9905 | -€80,498 | €8,544 | +€89,042 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.