ENIGIETS: 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.
ENIGIETS
Largest movements
- Cash +€14,341
up €14,341 (+68.5%), from €20,925 to €35,267
mainly Other debts (+€27,000) and Net result for the year (+€9,974)
- Receivables within one year -€1,942
down €1,942 (-9.5%), from €20,414 to €18,471
of which Trade receivables: -€11,065
- Tangible fixed assets -€1,060
down €1,060 (-11.8%), from €9,010 to €7,951
of which Plant, machinery and equipment: -€1,114
- Other debts +€27,000
new in 2025: €27,000
- Reserves -€17,026
down €17,026 (-52.2%), from €32,621 to €15,595
- Trade debts +€3,643
up €3,643 (+960.2%), from €379 to €4,022
- Tax, wage and social debts -€1,040
down €1,040 (-13.4%), from €7,787 to €6,747
- Accrued charges and deferred income -€784
down €784 (-7.7%), from €10,164 to €9,379
- Gross operating margin -€1,147
down €1,147 (-6.0%), from €19,198 to €18,050
- Other operating charges +€896
up €896 (+1444.7%), from €62 to €958
- Depreciation +€442
up €442 (+20.4%), from €2,161 to €2,603
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 | €53,952 | €65,743 | +€11,792 | +21.9% |
| Fixed assets | 21/28 | €9,010 | €7,951 | -€1,060 | -11.8% |
| Tangible fixed assets | 22/27 | €9,010 | €7,951 | -€1,060 | -11.8% |
| Plant, machinery and equipment | 23 | €3,863 | €2,749 | -€1,114 | -28.8% |
| Furniture and vehicles | 24 | €5,148 | €5,202 | +€54 | +1.0% |
| Current assets | 29/58 | €44,941 | €57,793 | +€12,852 | +28.6% |
| Stocks and contracts in progress | 3 | €3,238 | €3,528 | +€290 | +9.0% |
| Stocks | 30/36 | €3,238 | €3,528 | +€290 | +9.0% |
| Amounts receivable within one year | 40/41 | €20,414 | €18,471 | -€1,942 | -9.5% |
| Trade receivables | 40 | €11,236 | €171 | -€11,065 | -98.5% |
| Other amounts receivable | 41 | €9,178 | €18,300 | +€9,123 | +99.4% |
| Cash at bank and in hand | 54/58 | €20,925 | €35,267 | +€14,341 | +68.5% |
| Deferred charges and accrued income | 490/1 | €364 | €527 | +€162 | +44.5% |
| Total equity and liabilities | 10/49 | €53,952 | €65,743 | +€11,792 | +21.9% |
| Equity | 10/15 | €35,621 | €18,595 | -€17,026 | -47.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,621 | €15,595 | -€17,026 | -52.2% |
| Distributable reserves | 133 | €32,621 | €15,595 | -€17,026 | -52.2% |
| Amounts payable | 17/49 | €18,330 | €47,149 | +€28,818 | +157.2% |
| Amounts payable within one year | 42/48 | €8,167 | €37,769 | +€29,602 | +362.5% |
| Trade debts | 44 | €379 | €4,022 | +€3,643 | +960.2% |
| Suppliers | 440/4 | €379 | €4,022 | +€3,643 | +960.2% |
| Taxes, remuneration and social security | 45 | €7,787 | €6,747 | -€1,040 | -13.4% |
| Taxes | 450/3 | €7,787 | €6,747 | -€1,040 | -13.4% |
| Other amounts payable | 47/48 | - | €27,000 | +€27,000 | |
| Accrued charges and deferred income | 492/3 | €10,164 | €9,379 | -€784 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,161 | €2,603 | +€442 | +20.4% |
| Other operating charges | 640/8 | €62 | €958 | +€896 | +1444.7% |
| Gross operating margin | 9900 | €19,198 | €18,050 | -€1,147 | -6.0% |
| Operating profit (loss) | 9901 | €16,975 | €14,490 | -€2,485 | -14.6% |
| Financial income | 75/76B | €9 | €0 | -€9 | -99.0% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -99.0% |
| Financial charges | 65/66B | €681 | €670 | -€11 | -1.6% |
| Recurring financial charges | 65 | €681 | €670 | -€11 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €16,303 | €13,820 | -€2,483 | -15.2% |
| Income taxes | 67/77 | €3,927 | €3,846 | -€80 | -2.0% |
| Profit (loss) for the period | 9904 | €12,376 | €9,974 | -€2,403 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,376 | €9,974 | -€2,403 | -19.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.