ENF United: 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.
ENF United
Largest movements
- Receivables after one year +€160,595
up €160,595 (+48.1%), from €333,555 to €494,150
- Debts after one year +€400,741
up €400,741 (+82.0%), from €488,421 to €889,162
- Other debts -€206,452
down €206,452 (-100%), from €206,452 to €0
- Accrued charges and deferred income -€54,181
down €54,181 (-100%), from €54,181 to €0
- Tax, wage and social debts +€22,077
up €22,077 (+1,250%), from €1,767 to €23,843
- Financial income +€54,179
up €54,179 (+3,842,503%), from €1 to €54,181
- Taxes +€22,364
new in 2025: €22,364
- Gross operating margin -€11,195
down €11,195 (-2,752%), from -€407 to -€11,602
- Other operating charges +€7,993
up €7,993 (+146%), from €5,461 to €13,454
- Financial charges -€1,686
down €1,686 (-87.1%), from €1,936 to €250
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 | €993,240 | €1,159,510 | +€166,270 | +16.7% |
| Fixed assets | 21/28 | €659,604 | €659,604 | = | 0.0% |
| Financial fixed assets | 28 | €659,604 | €659,604 | = | 0.0% |
| Current assets | 29/58 | €333,636 | €499,906 | +€166,270 | +49.8% |
| Amounts receivable after more than one year | 29 | €333,555 | €494,150 | +€160,595 | +48.1% |
| Other amounts receivable | 291 | €333,555 | €494,150 | +€160,595 | +48.1% |
| Amounts receivable within one year | 40/41 | €70 | €0 | -€70 | -100% |
| Other amounts receivable | 41 | €70 | €0 | -€70 | -100% |
| Cash at bank and in hand | 54/58 | €11 | €5,756 | +€5,745 | +53,592% |
| Total equity and liabilities | 10/49 | €993,240 | €1,159,510 | +€166,270 | +16.7% |
| Equity | 10/15 | €229,651 | €236,162 | +€6,511 | +2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €223,451 | €229,962 | +€6,511 | +2.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €221,591 | €228,102 | +€6,511 | +2.9% |
| Amounts payable | 17/49 | €763,589 | €923,348 | +€159,760 | +20.9% |
| Amounts payable after more than one year | 17 | €488,421 | €889,162 | +€400,741 | +82.0% |
| Financial debts | 170/4 | €488,421 | €889,162 | +€400,741 | +82.0% |
| Amounts payable within one year | 42/48 | €220,987 | €34,186 | -€186,800 | -84.5% |
| Financial debts | 43 | €4,720 | €0 | -€4,720 | -100% |
| Credit institutions | 430/8 | €4,720 | €0 | -€4,720 | -100% |
| Trade debts | 44 | €8,048 | €10,343 | +€2,295 | +28.5% |
| Suppliers | 440/4 | €8,048 | €10,343 | +€2,295 | +28.5% |
| Taxes, remuneration and social security | 45 | €1,767 | €23,843 | +€22,077 | +1,250% |
| Taxes | 450/3 | €1,767 | €23,843 | +€22,077 | +1,250% |
| Other amounts payable | 47/48 | €206,452 | €0 | -€206,452 | -100% |
| Accrued charges and deferred income | 492/3 | €54,181 | €0 | -€54,181 | -100% |
| Non-recurring operating income | 76A | €151 | €0 | -€151 | -100% |
| Other operating charges | 640/8 | €5,461 | €13,454 | +€7,993 | +146% |
| Gross operating margin | 9900 | -€407 | -€11,602 | -€11,195 | -2,752% |
| Operating profit (loss) | 9901 | -€5,868 | -€25,056 | -€19,188 | -327% |
| Financial income | 75/76B | €1 | €54,181 | +€54,179 | +3,842,503% |
| Recurring financial income | 75 | €1 | €54,181 | +€54,179 | +3,842,503% |
| Financial charges | 65/66B | €1,936 | €250 | -€1,686 | -87.1% |
| Recurring financial charges | 65 | €1,936 | €250 | -€1,686 | -87.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,802 | €28,875 | +€36,677 | |
| Income taxes | 67/77 | - | €22,364 | +€22,364 | |
| Profit (loss) for the period | 9904 | -€7,802 | €6,511 | +€14,312 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,802 | €6,511 | +€14,312 |
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 1 November 2026 via checked.be.