ENIGMA CONSULT: 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.
ENIGMA CONSULT
Largest movements
- Receivables within one year -€2,834
down €2,834 (-3.7%), from €76,214 to €73,379
of which Other amounts receivable: -€2,834
- Profit (loss) carried forward -€3,644
down €3,644 (-86.0%), from -€4,237 to -€7,882
- Gross operating margin -€23,627
down €23,627, from €17,450 to -€6,178
- Write-downs -€5,470
down €5,470 (-100%), from €5,470 to €0
- Taxes -€2,176
down €2,176 (-100%), from €2,176 to €0
- Financial charges -€740
down €740 (-73.2%), from €1,011 to €271
- Financial income -€400
down €400 (-9.7%), from €4,108 to €3,709
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 | €77,133 | €73,864 | -€3,269 | -4.2% |
| Fixed assets | 21/28 | €862 | €485 | -€377 | -43.7% |
| Tangible fixed assets | 22/27 | €862 | €485 | -€377 | -43.7% |
| Furniture and vehicles | 24 | €862 | €485 | -€377 | -43.7% |
| Current assets | 29/58 | €76,271 | €73,379 | -€2,892 | -3.8% |
| Amounts receivable within one year | 40/41 | €76,214 | €73,379 | -€2,834 | -3.7% |
| Trade receivables | 40 | €5,133 | €5,133 | = | 0.0% |
| Other amounts receivable | 41 | €71,081 | €68,247 | -€2,834 | -4.0% |
| Cash at bank and in hand | 54/58 | €58 | €0 | -€58 | -100% |
| Total equity and liabilities | 10/49 | €77,133 | €73,864 | -€3,269 | -4.2% |
| Equity | 10/15 | €64,377 | €60,732 | -€3,644 | -5.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €67,114 | €67,114 | = | 0.0% |
| Distributable reserves | 133 | €67,114 | €67,114 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,237 | -€7,882 | -€3,644 | -86.0% |
| Amounts payable | 17/49 | €12,757 | €13,132 | +€375 | +2.9% |
| Amounts payable within one year | 42/48 | €12,757 | €12,732 | -€24 | -0.2% |
| Financial debts | 43 | - | €3 | +€3 | |
| Credit institutions | 430/8 | - | €3 | +€3 | |
| Trade debts | 44 | €10,156 | €10,035 | -€121 | -1.2% |
| Suppliers | 440/4 | €10,156 | €10,035 | -€121 | -1.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,601 | €2,694 | +€94 | +3.6% |
| Taxes | 450/3 | €2,601 | €2,694 | +€94 | +3.6% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €504 | €377 | -€127 | -25.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,470 | €0 | -€5,470 | -100% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €17,450 | -€6,178 | -€23,627 | |
| Operating profit (loss) | 9901 | €10,963 | -€7,082 | -€18,045 | |
| Financial income | 75/76B | €4,108 | €3,709 | -€400 | -9.7% |
| Recurring financial income | 75 | €4,108 | €3,709 | -€400 | -9.7% |
| Financial charges | 65/66B | €1,011 | €271 | -€740 | -73.2% |
| Recurring financial charges | 65 | €1,011 | €271 | -€740 | -73.2% |
| Profit (loss) for the period before taxes | 9903 | €14,060 | -€3,644 | -€17,704 | |
| Income taxes | 67/77 | €2,176 | €0 | -€2,176 | -100% |
| Profit (loss) for the period | 9904 | €11,884 | -€3,644 | -€15,528 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,884 | -€3,644 | -€15,528 |
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 20 October 2026 via checked.be.