Eneme: 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.
Eneme
Largest movements
- Deferred charges and accrued income -€52,213
down €52,213 (-100%), from €52,213 to €0
- Tangible fixed assets +€31,306
up €31,306 (+3.2%), from €991,418 to €1.0m
of which Land and buildings: +€42,969
- Cash +€24,009
up €24,009 (+92.4%), from €25,990 to €49,999
mainly Depreciation (+€72,500) and Deferred charges and accrued income (+€52,213)
- Debts after one year +€35,070
up €35,070 (+5.1%), from €689,937 to €725,006
- Short-term financial debts -€35,000
down €35,000 (-100%), from €35,000 to €0
- Trade debts -€21,010
down €21,010 (-89.5%), from €23,476 to €2,466
- Reserves +€18,265
up €18,265 (+8.0%), from €227,600 to €245,865
of which Distributable reserves: +€18,265
- Gross operating margin -€57,067
down €57,067 (-28.8%), from €198,269 to €141,202
- Taxes -€23,837
down €23,837 (-84.9%), from €28,065 to €4,227
- Staff costs +€11,189
up €11,189, from €0 to €11,189
- Depreciation +€8,033
up €8,033 (+12.5%), from €64,467 to €72,500
- Other operating charges -€3,424
down €3,424 (-36.9%), from €9,270 to €5,846
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 | €1,109,616 | €1,104,558 | -€5,058 | -0.5% |
| Fixed assets | 21/28 | €991,668 | €1,022,975 | +€31,306 | +3.2% |
| Tangible fixed assets | 22/27 | €991,418 | €1,022,725 | +€31,306 | +3.2% |
| Land and buildings | 22 | €908,688 | €951,657 | +€42,969 | +4.7% |
| Plant, machinery and equipment | 23 | €66,698 | €59,747 | -€6,951 | -10.4% |
| Furniture and vehicles | 24 | €16,032 | €11,320 | -€4,712 | -29.4% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €117,948 | €81,583 | -€36,364 | -30.8% |
| Stocks and contracts in progress | 3 | €3,852 | €3,444 | -€409 | -10.6% |
| Stocks | 30/36 | €3,852 | €3,444 | -€409 | -10.6% |
| Amounts receivable within one year | 40/41 | €35,892 | €28,141 | -€7,751 | -21.6% |
| Trade receivables | 40 | €32,238 | €8,544 | -€23,694 | -73.5% |
| Other amounts receivable | 41 | €3,654 | €19,597 | +€15,943 | +436% |
| Cash at bank and in hand | 54/58 | €25,990 | €49,999 | +€24,009 | +92.4% |
| Deferred charges and accrued income | 490/1 | €52,213 | €0 | -€52,213 | -100% |
| Total equity and liabilities | 10/49 | €1,109,616 | €1,104,558 | -€5,058 | -0.5% |
| Equity | 10/15 | €262,625 | €280,890 | +€18,265 | +7.0% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €227,600 | €245,865 | +€18,265 | +8.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €224,100 | €242,365 | +€18,265 | +8.2% |
| Profit (loss) carried forward | 14 | €25 | €25 | = | 0.0% |
| Amounts payable | 17/49 | €846,991 | €823,668 | -€23,323 | -2.8% |
| Amounts payable after more than one year | 17 | €689,937 | €725,006 | +€35,070 | +5.1% |
| Financial debts | 170/4 | €689,937 | €725,006 | +€35,070 | +5.1% |
| Amounts payable within one year | 42/48 | €141,241 | €76,505 | -€64,737 | -45.8% |
| Current portion of amounts payable after more than one year | 42 | €45,699 | €50,114 | +€4,414 | +9.7% |
| Financial debts | 43 | €35,000 | €0 | -€35,000 | -100% |
| Credit institutions | 430/8 | €35,000 | €0 | -€35,000 | -100% |
| Trade debts | 44 | €23,476 | €2,466 | -€21,010 | -89.5% |
| Suppliers | 440/4 | €23,476 | €2,466 | -€21,010 | -89.5% |
| Advances received on contracts in progress | 46 | - | €1,500 | +€1,500 | |
| Taxes, remuneration and social security | 45 | €27,643 | €21,713 | -€5,931 | -21.5% |
| Taxes | 450/3 | €19,143 | €20,552 | +€1,408 | +7.4% |
| Remuneration and social security | 454/9 | €8,500 | €1,161 | -€7,339 | -86.3% |
| Other amounts payable | 47/48 | €9,423 | €712 | -€8,711 | -92.4% |
| Accrued charges and deferred income | 492/3 | €15,813 | €22,157 | +€6,344 | +40.1% |
| Remuneration, social security and pensions | 62 | €0 | €11,189 | +€11,189 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,467 | €72,500 | +€8,033 | +12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €390 | +€390 | |
| Other operating charges | 640/8 | €9,270 | €5,846 | -€3,424 | -36.9% |
| Gross operating margin | 9900 | €198,269 | €141,202 | -€57,067 | -28.8% |
| Operating profit (loss) | 9901 | €124,533 | €51,278 | -€73,255 | -58.8% |
| Financial income | 75/76B | €0 | €74 | +€74 | +73,670% |
| Recurring financial income | 75 | €0 | €74 | +€74 | +73,670% |
| Financial charges | 65/66B | €29,082 | €28,860 | -€223 | -0.8% |
| Recurring financial charges | 65 | €29,082 | €28,860 | -€223 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €95,450 | €22,492 | -€72,958 | -76.4% |
| Income taxes | 67/77 | €28,065 | €4,227 | -€23,837 | -84.9% |
| Profit (loss) for the period | 9904 | €67,385 | €18,265 | -€49,121 | -72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €67,385 | €18,265 | -€49,121 | -72.9% |
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 26 October 2026 via checked.be.