Enforce4P: 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.
Enforce4P
Largest movements
- Cash +€11,982
up €11,982 (+5396.1%), from €222 to €12,204
mainly Net result for the year (+€17,459) and Receivables within one year (+€7,575)
- Receivables within one year -€7,575
down €7,575 (-76.8%), from €9,859 to €2,284
of which Trade receivables: -€8,199
- Profit (loss) carried forward +€17,459
up €17,459 (+7.5%), from -€231,458 to -€213,999
- Other debts -€12,968
down €12,968 (-9.7%), from €134,052 to €121,084
- Gross operating margin +€25,428
up €25,428 (+435.4%), from €5,840 to €31,268
- Financial charges +€1,318
up €1,318 (+29.3%), from €4,504 to €5,822
- Depreciation +€1,259
up €1,259 (+24.8%), from €5,084 to €6,343
- Other operating charges +€519
up €519 (+53.8%), from €965 to €1,483
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 | €585,525 | €589,564 | +€4,039 | +0.7% |
| Fixed assets | 21/28 | €572,766 | €569,824 | -€2,941 | -0.5% |
| Intangible fixed assets | 21 | €3,651 | €3,773 | +€122 | +3.3% |
| Tangible fixed assets | 22/27 | €15,072 | €12,009 | -€3,064 | -20.3% |
| Furniture and vehicles | 24 | €705 | €2,150 | +€1,446 | +205.1% |
| Leasing and similar rights | 25 | €14,368 | €9,858 | -€4,509 | -31.4% |
| Financial fixed assets | 28 | €554,042 | €554,042 | = | 0.0% |
| Current assets | 29/58 | €12,760 | €19,740 | +€6,980 | +54.7% |
| Amounts receivable within one year | 40/41 | €9,859 | €2,284 | -€7,575 | -76.8% |
| Trade receivables | 40 | €9,859 | €1,660 | -€8,199 | -83.2% |
| Other amounts receivable | 41 | - | €624 | +€624 | |
| Cash at bank and in hand | 54/58 | €222 | €12,204 | +€11,982 | +5396.1% |
| Deferred charges and accrued income | 490/1 | €2,679 | €5,252 | +€2,573 | +96.0% |
| Total equity and liabilities | 10/49 | €585,525 | €589,564 | +€4,039 | +0.7% |
| Equity | 10/15 | €430,542 | €448,001 | +€17,459 | +4.1% |
| Contributions | 10/11 | €662,000 | €662,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€231,458 | -€213,999 | +€17,459 | +7.5% |
| Amounts payable | 17/49 | €154,983 | €141,562 | -€13,421 | -8.7% |
| Amounts payable after more than one year | 17 | €10,773 | €6,380 | -€4,393 | -40.8% |
| Financial debts | 170/4 | €10,773 | €6,380 | -€4,393 | -40.8% |
| Amounts payable within one year | 42/48 | €140,814 | €130,425 | -€10,389 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €4,083 | €4,393 | +€310 | +7.6% |
| Trade debts | 44 | €1,472 | €3,117 | +€1,645 | +111.7% |
| Suppliers | 440/4 | €1,472 | €3,117 | +€1,645 | +111.7% |
| Taxes, remuneration and social security | 45 | €1,207 | €1,831 | +€624 | +51.7% |
| Taxes | 450/3 | €1,207 | €1,831 | +€624 | +51.7% |
| Other amounts payable | 47/48 | €134,052 | €121,084 | -€12,968 | -9.7% |
| Accrued charges and deferred income | 492/3 | €3,396 | €4,757 | +€1,361 | +40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,084 | €6,343 | +€1,259 | +24.8% |
| Other operating charges | 640/8 | €965 | €1,483 | +€519 | +53.8% |
| Gross operating margin | 9900 | €5,840 | €31,268 | +€25,428 | +435.4% |
| Operating profit (loss) | 9901 | -€208 | €23,442 | +€23,650 | |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €4,504 | €5,822 | +€1,318 | +29.3% |
| Recurring financial charges | 65 | €4,504 | €5,822 | +€1,318 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,712 | €17,635 | +€22,347 | |
| Income taxes | 67/77 | €154 | €176 | +€22 | +14.1% |
| Profit (loss) for the period | 9904 | -€4,866 | €17,459 | +€22,326 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,866 | €17,459 | +€22,326 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.