ENFINÉ: 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.
ENFINÉ
Largest movements
- Receivables within one year +€16,697
up €16,697 (+310%), from €5,390 to €22,087
of which Trade receivables: +€16,687
- Cash -€10,264
down €10,264 (-27.6%), from €37,235 to €26,971
mainly Receivables within one year (-€16,697) and Contributions, distributions and other (-€10,286)
- Receivables after one year -€3,750
down €3,750 (-20.0%), from €18,750 to €15,000
of which Trade receivables: -€3,750
- Tangible fixed assets -€1,956
down €1,956 (-12.2%), from €16,049 to €14,093
of which Furniture and vehicles: -€1,865
- Deferred charges and accrued income +€999
new in 2025: €999
- Tax, wage and social debts +€1,195
new in 2025: €1,195
- Taxes -€4,331
no longer reported in 2025 (was €4,331)
- Gross operating margin +€2,696
up €2,696 (+17.9%), from €15,080 to €17,775
- Financial income -€563
no longer reported in 2025 (was €563)
- Financial charges -€321
down €321 (-77.1%), from €416 to €95
- Depreciation +€321
up €321 (+20.2%), from €1,587 to €1,907
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 | €77,425 | €79,150 | +€1,725 | +2.2% |
| Fixed assets | 21/28 | €16,049 | €14,093 | -€1,956 | -12.2% |
| Tangible fixed assets | 22/27 | €16,049 | €14,093 | -€1,956 | -12.2% |
| Plant, machinery and equipment | 23 | €105 | €14 | -€91 | -87.1% |
| Furniture and vehicles | 24 | €6,382 | €4,517 | -€1,865 | -29.2% |
| Other tangible fixed assets | 26 | €9,562 | €9,562 | = | 0.0% |
| Current assets | 29/58 | €61,376 | €65,057 | +€3,681 | +6.0% |
| Amounts receivable after more than one year | 29 | €18,750 | €15,000 | -€3,750 | -20.0% |
| Trade receivables | 290 | €3,750 | - | -€3,750 | |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,390 | €22,087 | +€16,697 | +310% |
| Trade receivables | 40 | - | €16,687 | +€16,687 | |
| Other amounts receivable | 41 | €5,390 | €5,400 | +€10 | +0.2% |
| Cash at bank and in hand | 54/58 | €37,235 | €26,971 | -€10,264 | -27.6% |
| Deferred charges and accrued income | 490/1 | - | €999 | +€999 | |
| Total equity and liabilities | 10/49 | €77,425 | €79,150 | +€1,725 | +2.2% |
| Equity | 10/15 | €76,594 | €77,040 | +€445 | +0.6% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €39,394 | €39,394 | = | 0.0% |
| Distributable reserves | 133 | €39,394 | €39,394 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €445 | +€445 | |
| Amounts payable | 17/49 | €830 | €2,110 | +€1,280 | +154% |
| Amounts payable within one year | 42/48 | €830 | €2,110 | +€1,280 | +154% |
| Trade debts | 44 | €722 | €254 | -€468 | -64.8% |
| Suppliers | 440/4 | €722 | €254 | -€468 | -64.8% |
| Taxes, remuneration and social security | 45 | - | €1,195 | +€1,195 | |
| Taxes | 450/3 | - | €1,195 | +€1,195 | |
| Other amounts payable | 47/48 | €108 | €661 | +€553 | +514% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,587 | €1,907 | +€321 | +20.2% |
| Other operating charges | 640/8 | €1,905 | €1,890 | -€15 | -0.8% |
| Non-recurring operating charges | 66A | - | €3,152 | +€3,152 | |
| Gross operating margin | 9900 | €15,080 | €17,775 | +€2,696 | +17.9% |
| Operating profit (loss) | 9901 | €11,588 | €10,826 | -€762 | -6.6% |
| Financial income | 75/76B | €563 | - | -€563 | |
| Recurring financial income | 75 | €563 | - | -€563 | |
| Financial charges | 65/66B | €416 | €95 | -€321 | -77.1% |
| Recurring financial charges | 65 | €416 | €95 | -€321 | -77.1% |
| Profit (loss) for the period before taxes | 9903 | €11,734 | €10,731 | -€1,004 | -8.6% |
| Income taxes | 67/77 | €4,331 | - | -€4,331 | |
| Profit (loss) for the period | 9904 | €7,403 | €10,731 | +€3,328 | +44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,403 | €10,731 | +€3,328 | +44.9% |
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 18 October 2026 via checked.be.