ENEA: 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.
ENEA
Largest movements
- Receivables within one year +€54,361
up €54,361 (+515.9%), from €10,537 to €64,898
of which Trade receivables: +€58,538
- Cash -€29,557
down €29,557 (-49.8%), from €59,400 to €29,843
mainly Receivables within one year (-€54,361) and Current investments (-€11,000)
- Current investments +€11,000
up €11,000 (+61.1%), from €18,000 to €28,999
- Intangible fixed assets +€4,662
new in 2025: €4,662
- Stocks and contracts -€3,000
down €3,000 (-100.0%), from €3,000 to €0
- Reserves +€30,348
up €30,348 (+96.4%), from €31,480 to €61,827
of which Distributable reserves: +€30,348
- Tax, wage and social debts +€7,327
up €7,327 (+523.3%), from €1,400 to €8,727
- Other debts -€5,378
down €5,378 (-12.2%), from €44,033 to €38,656
- Trade debts +€2,740
up €2,740 (+56.7%), from €4,836 to €7,576
- Accrued charges and deferred income +€2,601
new in 2025: €2,601
- Gross operating margin +€27,888
up €27,888 (+109.1%), from €25,563 to €53,451
- Taxes +€6,861
up €6,861 (+83.3%), from €8,239 to €15,100
- Financial charges +€4,156
up €4,156 (+546.0%), from €761 to €4,917
- Depreciation +€636
up €636 (+35.8%), from €1,774 to €2,409
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 | €95,073 | €132,710 | +€37,637 | +39.6% |
| Fixed assets | 21/28 | €3,644 | €8,259 | +€4,615 | +126.6% |
| Intangible fixed assets | 21 | - | €4,662 | +€4,662 | |
| Tangible fixed assets | 22/27 | €3,644 | €3,597 | -€47 | -1.3% |
| Furniture and vehicles | 24 | €3,644 | €3,597 | -€47 | -1.3% |
| Current assets | 29/58 | €91,428 | €124,450 | +€33,022 | +36.1% |
| Stocks and contracts in progress | 3 | €3,000 | €0 | -€3,000 | -100.0% |
| Contracts in progress | 37 | €3,000 | €0 | -€3,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €10,537 | €64,898 | +€54,361 | +515.9% |
| Trade receivables | 40 | €6,360 | €64,898 | +€58,538 | +920.4% |
| Other amounts receivable | 41 | €4,177 | €0 | -€4,177 | -100.0% |
| Current investments | 50/53 | €18,000 | €28,999 | +€11,000 | +61.1% |
| Cash at bank and in hand | 54/58 | €59,400 | €29,843 | -€29,557 | -49.8% |
| Deferred charges and accrued income | 490/1 | €492 | €710 | +€218 | +44.3% |
| Total equity and liabilities | 10/49 | €95,073 | €132,710 | +€37,637 | +39.6% |
| Equity | 10/15 | €44,803 | €75,151 | +€30,348 | +67.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €31,480 | €61,827 | +€30,348 | +96.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €31,480 | €61,827 | +€30,348 | +96.4% |
| Profit (loss) carried forward | 14 | €923 | €923 | = | 0.0% |
| Amounts payable | 17/49 | €50,270 | €57,559 | +€7,289 | +14.5% |
| Amounts payable within one year | 42/48 | €50,270 | €54,958 | +€4,689 | +9.3% |
| Trade debts | 44 | €4,836 | €7,576 | +€2,740 | +56.7% |
| Suppliers | 440/4 | €4,836 | €7,576 | +€2,740 | +56.7% |
| Taxes, remuneration and social security | 45 | €1,400 | €8,727 | +€7,327 | +523.3% |
| Taxes | 450/3 | €1,400 | €8,727 | +€7,327 | +523.3% |
| Other amounts payable | 47/48 | €44,033 | €38,656 | -€5,378 | -12.2% |
| Accrued charges and deferred income | 492/3 | - | €2,601 | +€2,601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,774 | €2,409 | +€636 | +35.8% |
| Other operating charges | 640/8 | €1,045 | €677 | -€368 | -35.2% |
| Gross operating margin | 9900 | €25,563 | €53,451 | +€27,888 | +109.1% |
| Operating profit (loss) | 9901 | €22,745 | €50,365 | +€27,620 | +121.4% |
| Financial income | 75/76B | €263 | €0 | -€263 | -100.0% |
| Recurring financial income | 75 | €263 | €0 | -€263 | -100.0% |
| Financial charges | 65/66B | €761 | €4,917 | +€4,156 | +546.0% |
| Recurring financial charges | 65 | €761 | €4,917 | +€4,156 | +546.0% |
| Profit (loss) for the period before taxes | 9903 | €22,247 | €45,448 | +€23,201 | +104.3% |
| Income taxes | 67/77 | €8,239 | €15,100 | +€6,861 | +83.3% |
| Profit (loss) for the period | 9904 | €14,008 | €30,348 | +€16,340 | +116.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,008 | €30,348 | +€16,340 | +116.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.