ENHA: 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.
ENHA
Largest movements
- Receivables within one year +€22,065
up €22,065 (+515.8%), from €4,278 to €26,343
of which Other amounts receivable: +€21,257
- Cash -€15,237
down €15,237 (-75.5%), from €20,171 to €4,934
- Stocks and contracts +€4,500
up €4,500 (+13.0%), from €34,557 to €39,057
- Tangible fixed assets +€1,045
new in 2023: €1,045
- Profit (loss) carried forward -€62,295
down €62,295 (-340.3%), from -€18,306 to -€80,601
- Other debts +€38,430
up €38,430 (+1066.3%), from €3,604 to €42,034
- Trade debts +€24,302
up €24,302 (+113.3%), from €21,451 to €45,753
- Tax, wage and social debts +€11,839
up €11,839 (+151.4%), from €7,818 to €19,657
of which Taxes: +€19,496
- Staff costs +€3,951
new in 2023: €3,951
- Other operating charges +€2,380
up €2,380 (+464.1%), from €513 to €2,893
- Financial charges +€1,629
up €1,629 (+248.8%), from €655 to €2,283
- Depreciation +€879
new in 2023: €879
- Gross operating margin +€865
up €865 (+16.4%), from -€5,271 to -€4,407
From the 2021 result to the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,203 | €76,479 | +€12,276 | +19.1% |
| Fixed assets | 21/28 | €5,100 | €6,145 | +€1,045 | +20.5% |
| Tangible fixed assets | 22/27 | - | €1,045 | +€1,045 | |
| Furniture and vehicles | 24 | - | €1,045 | +€1,045 | |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €59,103 | €70,333 | +€11,230 | +19.0% |
| Stocks and contracts in progress | 3 | €34,557 | €39,057 | +€4,500 | +13.0% |
| Stocks | 30/36 | €34,557 | €39,057 | +€4,500 | +13.0% |
| Amounts receivable within one year | 40/41 | €4,278 | €26,343 | +€22,065 | +515.8% |
| Trade receivables | 40 | €4,278 | €5,085 | +€807 | +18.9% |
| Other amounts receivable | 41 | - | €21,257 | +€21,257 | |
| Cash at bank and in hand | 54/58 | €20,171 | €4,934 | -€15,237 | -75.5% |
| Deferred charges and accrued income | 490/1 | €98 | - | -€98 | |
| Total equity and liabilities | 10/49 | €64,203 | €76,479 | +€12,276 | +19.1% |
| Equity | 10/15 | €295 | -€61,999 | -€62,295 | |
| Contributions | 10/11 | €18,410 | €18,410 | = | 0.0% |
| Reserves | 13 | €192 | €192 | = | 0.0% |
| Non-distributable reserves | 130/1 | €192 | €192 | = | 0.0% |
| Reserves not available under the articles | 1311 | €192 | €192 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,306 | -€80,601 | -€62,295 | -340.3% |
| Amounts payable | 17/49 | €63,908 | €138,478 | +€74,570 | +116.7% |
| Amounts payable after more than one year | 17 | €31,035 | €31,035 | = | 0.0% |
| Financial debts | 170/4 | €31,035 | €31,035 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,873 | €107,444 | +€74,570 | +226.8% |
| Trade debts | 44 | €21,451 | €45,753 | +€24,302 | +113.3% |
| Suppliers | 440/4 | €21,451 | €45,753 | +€24,302 | +113.3% |
| Taxes, remuneration and social security | 45 | €7,818 | €19,657 | +€11,839 | +151.4% |
| Taxes | 450/3 | - | €19,496 | +€19,496 | |
| Remuneration and social security | 454/9 | €7,818 | €161 | -€7,657 | -97.9% |
| Other amounts payable | 47/48 | €3,604 | €42,034 | +€38,430 | +1066.3% |
| Remuneration, social security and pensions | 62 | - | €3,951 | +€3,951 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €879 | +€879 | |
| Other operating charges | 640/8 | €513 | €2,893 | +€2,380 | +464.1% |
| Gross operating margin | 9900 | -€5,271 | -€4,407 | +€865 | +16.4% |
| Operating profit (loss) | 9901 | -€5,784 | -€12,130 | -€6,346 | -109.7% |
| Financial income | 75/76B | €260 | €534 | +€274 | +105.3% |
| Recurring financial income | 75 | €260 | €534 | +€274 | +105.3% |
| Financial charges | 65/66B | €655 | €2,283 | +€1,629 | +248.8% |
| Recurring financial charges | 65 | €655 | €2,283 | +€1,629 | +248.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,178 | -€13,879 | -€7,700 | -124.6% |
| Income taxes | 67/77 | - | €132 | +€132 | |
| Profit (loss) for the period | 9904 | -€6,178 | -€14,010 | -€7,832 | -126.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,178 | -€14,010 | -€7,832 | -126.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.