ENES PACK: 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.
ENES PACK
Largest movements
- Stocks and contracts +€89,382
up €89,382 (+108.0%), from €82,785 to €172,167
- Tangible fixed assets -€23,846
down €23,846 (-19.7%), from €121,254 to €97,408
of which Leasing and similar rights: -€29,449
- Receivables within one year +€18,072
up €18,072 (+172.0%), from €10,508 to €28,580
of which Other amounts receivable: +€26,002
- Cash +€10,368
up €10,368 (+36.9%), from €28,130 to €38,498
mainly Trade debts (+€58,501) and Current portion of long-term debt (+€35,901)
- Trade debts +€58,501
up €58,501 (+86.1%), from €67,970 to €126,471
- Current portion of long-term debt +€35,901
up €35,901 (+176.4%), from €20,357 to €56,258
- Debts after one year -€22,540
down €22,540 (-26.8%), from €84,151 to €61,611
- Profit (loss) carried forward +€14,671
up €14,671 (+38.2%), from €38,415 to €53,086
- Advances received +€4,901
new in 2024: €4,901
- Staff costs +€34,188
up €34,188 (+102.4%), from €33,375 to €67,563
- Gross operating margin +€32,865
up €32,865 (+33.4%), from €98,441 to €131,306
- Depreciation +€6,987
up €6,987 (+29.0%), from €24,109 to €31,096
- Other operating charges -€5,867
down €5,867 (-49.0%), from €11,967 to €6,100
- Taxes -€5,060
no longer reported in 2024 (was €5,060)
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 | €244,547 | €338,653 | +€94,106 | +38.5% |
| Fixed assets | 21/28 | €121,254 | €97,408 | -€23,846 | -19.7% |
| Tangible fixed assets | 22/27 | €121,254 | €97,408 | -€23,846 | -19.7% |
| Furniture and vehicles | 24 | €1,653 | €7,256 | +€5,603 | +339.0% |
| Leasing and similar rights | 25 | €119,601 | €90,152 | -€29,449 | -24.6% |
| Current assets | 29/58 | €123,293 | €241,245 | +€117,952 | +95.7% |
| Stocks and contracts in progress | 3 | €82,785 | €172,167 | +€89,382 | +108.0% |
| Stocks | 30/36 | €82,785 | €172,167 | +€89,382 | +108.0% |
| Amounts receivable within one year | 40/41 | €10,508 | €28,580 | +€18,072 | +172.0% |
| Trade receivables | 40 | €10,217 | €2,287 | -€7,930 | -77.6% |
| Other amounts receivable | 41 | €291 | €26,293 | +€26,002 | +8935.4% |
| Cash at bank and in hand | 54/58 | €28,130 | €38,498 | +€10,368 | +36.9% |
| Deferred charges and accrued income | 490/1 | €1,870 | €2,000 | +€130 | +7.0% |
| Total equity and liabilities | 10/49 | €244,547 | €338,653 | +€94,106 | +38.5% |
| Equity | 10/15 | €48,415 | €63,086 | +€14,671 | +30.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,415 | €53,086 | +€14,671 | +38.2% |
| Amounts payable | 17/49 | €196,132 | €275,567 | +€79,435 | +40.5% |
| Amounts payable after more than one year | 17 | €84,151 | €61,611 | -€22,540 | -26.8% |
| Financial debts | 170/4 | €84,151 | €61,611 | -€22,540 | -26.8% |
| Amounts payable within one year | 42/48 | €111,981 | €213,956 | +€101,975 | +91.1% |
| Current portion of amounts payable after more than one year | 42 | €20,357 | €56,258 | +€35,901 | +176.4% |
| Trade debts | 44 | €67,970 | €126,471 | +€58,501 | +86.1% |
| Suppliers | 440/4 | €67,970 | €126,471 | +€58,501 | +86.1% |
| Advances received on contracts in progress | 46 | - | €4,901 | +€4,901 | |
| Taxes, remuneration and social security | 45 | €23,654 | €26,326 | +€2,672 | +11.3% |
| Taxes | 450/3 | €23,654 | €26,326 | +€2,672 | +11.3% |
| Remuneration, social security and pensions | 62 | €33,375 | €67,563 | +€34,188 | +102.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,109 | €31,096 | +€6,987 | +29.0% |
| Other operating charges | 640/8 | €11,967 | €6,100 | -€5,867 | -49.0% |
| Gross operating margin | 9900 | €98,441 | €131,306 | +€32,865 | +33.4% |
| Operating profit (loss) | 9901 | €28,990 | €26,547 | -€2,443 | -8.4% |
| Financial charges | 65/66B | €7,968 | €11,876 | +€3,908 | +49.0% |
| Recurring financial charges | 65 | €7,968 | €11,876 | +€3,908 | +49.0% |
| Profit (loss) for the period before taxes | 9903 | €21,022 | €14,671 | -€6,351 | -30.2% |
| Income taxes | 67/77 | €5,060 | - | -€5,060 | |
| Profit (loss) for the period | 9904 | €15,962 | €14,671 | -€1,291 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,962 | €14,671 | -€1,291 | -8.1% |
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 29 September 2026 via checked.be.