ENE: 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.
ENE
Largest movements
- Receivables within one year +€67,221
up €67,221 (+50.5%), from €133,231 to €200,452
of which Other amounts receivable: +€45,932
- Stocks and contracts +€28,801
up €28,801 (+184.2%), from €15,632 to €44,433
- Tangible fixed assets -€17,988
down €17,988 (-24.7%), from €72,928 to €54,940
of which Leasing and similar rights: -€12,269
- Deferred charges and accrued income +€10,256
up €10,256 (+57846.0%), from €18 to €10,274
- Cash +€9,397
up €9,397 (+92.7%), from €10,132 to €19,529
mainly Current portion of long-term debt (+€55,073) and Tax, wage and social debts (+€40,648)
- Current portion of long-term debt +€55,073
new in 2024: €55,073
- Tax, wage and social debts +€40,648
up €40,648 (+78.4%), from €51,817 to €92,466
of which Taxes: +€41,020
- Profit (loss) carried forward +€37,723
up €37,723 (+605.5%), from €6,230 to €43,953
- Trade debts -€28,627
down €28,627 (-53.1%), from €53,881 to €25,254
- Debts after one year -€7,130
down €7,130 (-7.0%), from €101,412 to €94,282
- Gross operating margin +€97,104
up €97,104 (+123.2%), from €78,789 to €175,893
- Staff costs -€45,427
down €45,427 (-40.2%), from €113,013 to €67,587
- Taxes +€28,783
up €28,783 (+6422.8%), from €448 to €29,231
- Financial charges +€21,378
up €21,378 (+1042.8%), from €2,050 to €23,428
- Depreciation +€8,651
up €8,651 (+92.7%), from €9,337 to €17,988
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.
Cash bridge derived
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 | €231,941 | €329,628 | +€97,688 | +42.1% |
| Fixed assets | 21/28 | €72,928 | €54,940 | -€17,988 | -24.7% |
| Tangible fixed assets | 22/27 | €72,928 | €54,940 | -€17,988 | -24.7% |
| Leasing and similar rights | 25 | €56,910 | €44,641 | -€12,269 | -21.6% |
| Other tangible fixed assets | 26 | €16,018 | €10,299 | -€5,719 | -35.7% |
| Current assets | 29/58 | €159,012 | €274,688 | +€115,675 | +72.7% |
| Stocks and contracts in progress | 3 | €15,632 | €44,433 | +€28,801 | +184.2% |
| Stocks | 30/36 | €15,632 | €44,433 | +€28,801 | +184.2% |
| Amounts receivable within one year | 40/41 | €133,231 | €200,452 | +€67,221 | +50.5% |
| Trade receivables | 40 | €114,631 | €135,920 | +€21,289 | +18.6% |
| Other amounts receivable | 41 | €18,600 | €64,532 | +€45,932 | +246.9% |
| Cash at bank and in hand | 54/58 | €10,132 | €19,529 | +€9,397 | +92.7% |
| Deferred charges and accrued income | 490/1 | €18 | €10,274 | +€10,256 | +57846.0% |
| Total equity and liabilities | 10/49 | €231,941 | €329,628 | +€97,688 | +42.1% |
| Equity | 10/15 | €24,830 | €62,553 | +€37,723 | +151.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,230 | €43,953 | +€37,723 | +605.5% |
| Amounts payable | 17/49 | €207,110 | €267,075 | +€59,965 | +29.0% |
| Amounts payable after more than one year | 17 | €101,412 | €94,282 | -€7,130 | -7.0% |
| Financial debts | 170/4 | €101,412 | €94,282 | -€7,130 | -7.0% |
| Amounts payable within one year | 42/48 | €105,698 | €172,793 | +€67,095 | +63.5% |
| Current portion of amounts payable after more than one year | 42 | - | €55,073 | +€55,073 | |
| Trade debts | 44 | €53,881 | €25,254 | -€28,627 | -53.1% |
| Suppliers | 440/4 | €53,881 | €25,254 | -€28,627 | -53.1% |
| Taxes, remuneration and social security | 45 | €51,817 | €92,466 | +€40,648 | +78.4% |
| Taxes | 450/3 | €37,272 | €78,292 | +€41,020 | +110.1% |
| Remuneration and social security | 454/9 | €14,545 | €14,174 | -€371 | -2.6% |
| Remuneration, social security and pensions | 62 | €113,013 | €67,587 | -€45,427 | -40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,337 | €17,988 | +€8,651 | +92.7% |
| Other operating charges | 640/8 | €3,041 | €1,811 | -€1,230 | -40.4% |
| Gross operating margin | 9900 | €78,789 | €175,893 | +€97,104 | +123.2% |
| Operating profit (loss) | 9901 | -€46,603 | €88,507 | +€135,110 | |
| Financial income | 75/76B | - | €1,875 | +€1,875 | |
| Recurring financial income | 75 | - | €1,875 | +€1,875 | |
| Financial charges | 65/66B | €2,050 | €23,428 | +€21,378 | +1042.8% |
| Recurring financial charges | 65 | €2,050 | €23,428 | +€21,378 | +1042.8% |
| Profit (loss) for the period before taxes | 9903 | -€48,653 | €66,954 | +€115,607 | |
| Income taxes | 67/77 | €448 | €29,231 | +€28,783 | +6422.8% |
| Profit (loss) for the period | 9904 | -€49,101 | €37,723 | +€86,824 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,101 | €37,723 | +€86,824 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.