ENHANCE: 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.
ENHANCE
Largest movements
- Cash +€56,199
up €56,199 (+77.4%), from €72,625 to €128,825
mainly Net result for the year (+€49,526) and Receivables within one year (+€10,497)
- Receivables within one year -€10,497
down €10,497 (-26.1%), from €40,153 to €29,656
of which Trade receivables: -€5,634
- Tangible fixed assets -€6,524
down €6,524 (-26.9%), from €24,250 to €17,726
of which Furniture and vehicles: -€3,389
- Reserves +€49,526
up €49,526 (+50.0%), from €98,979 to €148,505
- Other debts -€4,785
down €4,785 (-62.6%), from €7,640 to €2,855
- Tax, wage and social debts -€2,783
down €2,783 (-33.6%), from €8,278 to €5,495
of which Remuneration and social security: -€2,275
- Gross operating margin +€33,775
up €33,775 (+76.5%), from €44,139 to €77,914
- Taxes +€9,223
up €9,223 (+75.8%), from €12,169 to €21,391
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 | €138,313 | €178,730 | +€40,417 | +29.2% |
| Fixed assets | 21/28 | €24,250 | €17,726 | -€6,524 | -26.9% |
| Tangible fixed assets | 22/27 | €24,250 | €17,726 | -€6,524 | -26.9% |
| Land and buildings | 22 | €10,923 | €9,059 | -€1,864 | -17.1% |
| Furniture and vehicles | 24 | €5,869 | €2,480 | -€3,389 | -57.7% |
| Other tangible fixed assets | 26 | €7,458 | €6,186 | -€1,272 | -17.0% |
| Current assets | 29/58 | €114,063 | €161,004 | +€46,941 | +41.2% |
| Amounts receivable within one year | 40/41 | €40,153 | €29,656 | -€10,497 | -26.1% |
| Trade receivables | 40 | €35,274 | €29,640 | -€5,634 | -16.0% |
| Other amounts receivable | 41 | €4,879 | €17 | -€4,862 | -99.7% |
| Cash at bank and in hand | 54/58 | €72,625 | €128,825 | +€56,199 | +77.4% |
| Deferred charges and accrued income | 490/1 | €1,285 | €2,523 | +€1,238 | +96.3% |
| Total equity and liabilities | 10/49 | €138,313 | €178,730 | +€40,417 | +29.2% |
| Equity | 10/15 | €118,913 | €167,606 | +€48,693 | +40.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €98,979 | €148,505 | +€49,526 | +50.0% |
| Distributable reserves | 133 | €98,979 | €148,505 | +€49,526 | +50.0% |
| Profit (loss) carried forward | 14 | €7,534 | €6,701 | -€833 | -11.1% |
| Amounts payable | 17/49 | €19,400 | €11,123 | -€8,276 | -42.7% |
| Amounts payable within one year | 42/48 | €19,262 | €11,027 | -€8,235 | -42.8% |
| Trade debts | 44 | €3,344 | €2,677 | -€667 | -20.0% |
| Suppliers | 440/4 | €3,344 | €2,677 | -€667 | -20.0% |
| Taxes, remuneration and social security | 45 | €8,278 | €5,495 | -€2,783 | -33.6% |
| Taxes | 450/3 | €6,003 | €5,495 | -€508 | -8.5% |
| Remuneration and social security | 454/9 | €2,275 | - | -€2,275 | |
| Other amounts payable | 47/48 | €7,640 | €2,855 | -€4,785 | -62.6% |
| Accrued charges and deferred income | 492/3 | €138 | €96 | -€42 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,524 | €6,524 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,725 | €1,319 | -€407 | -23.6% |
| Gross operating margin | 9900 | €44,139 | €77,914 | +€33,775 | +76.5% |
| Operating profit (loss) | 9901 | €35,890 | €70,071 | +€34,182 | +95.2% |
| Financial income | 75/76B | €253 | €1,012 | +€759 | +300.6% |
| Recurring financial income | 75 | €253 | €1,012 | +€759 | +300.6% |
| Financial charges | 65/66B | €228 | €166 | -€62 | -27.2% |
| Recurring financial charges | 65 | €228 | €166 | -€62 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €35,914 | €70,918 | +€35,003 | +97.5% |
| Income taxes | 67/77 | €12,169 | €21,391 | +€9,223 | +75.8% |
| Profit (loss) for the period | 9904 | €23,745 | €49,526 | +€25,781 | +108.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,745 | €49,526 | +€25,781 | +108.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.