ENISO: 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.
ENISO
Largest movements
- Tangible fixed assets -€13,810
down €13,810 (-87.9%), from €15,705 to €1,895
of which Leasing and similar rights: -€12,810
- Receivables within one year -€8,257
down €8,257 (-9.6%), from €86,327 to €78,069
of which Trade receivables: -€6,703
- Cash +€1,194
up €1,194 (+165.8%), from €720 to €1,913
mainly Depreciation (+€13,810) and Receivables within one year (+€8,257)
- Current portion of long-term debt -€11,592
down €11,592 (-91.2%), from €12,716 to €1,124
- Trade debts -€11,407
down €11,407 (-24.3%), from €46,899 to €35,492
- Profit (loss) carried forward +€6,623
up €6,623 (+58.1%), from €11,407 to €18,030
- Other debts -€2,194
down €2,194 (-61.5%), from €3,565 to €1,372
- Tax, wage and social debts -€1,341
down €1,341 (-5.8%), from €23,142 to €21,801
of which Remuneration and social security: -€7,406
- Gross operating margin -€24,246
down €24,246 (-25.8%), from €94,002 to €69,756
- Staff costs -€23,979
down €23,979 (-53.4%), from €44,923 to €20,945
- Write-downs +€21,050
new in 2025: €21,050
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 | €105,053 | €84,018 | -€21,035 | -20.0% |
| Fixed assets | 21/28 | €17,705 | €3,895 | -€13,810 | -78.0% |
| Tangible fixed assets | 22/27 | €15,705 | €1,895 | -€13,810 | -87.9% |
| Furniture and vehicles | 24 | €1,000 | - | -€1,000 | |
| Leasing and similar rights | 25 | €14,705 | €1,895 | -€12,810 | -87.1% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €87,348 | €80,123 | -€7,225 | -8.3% |
| Amounts receivable within one year | 40/41 | €86,327 | €78,069 | -€8,257 | -9.6% |
| Trade receivables | 40 | €78,273 | €71,569 | -€6,703 | -8.6% |
| Other amounts receivable | 41 | €8,054 | €6,500 | -€1,554 | -19.3% |
| Cash at bank and in hand | 54/58 | €720 | €1,913 | +€1,194 | +165.8% |
| Deferred charges and accrued income | 490/1 | €301 | €140 | -€161 | -53.5% |
| Total equity and liabilities | 10/49 | €105,053 | €84,018 | -€21,035 | -20.0% |
| Equity | 10/15 | €17,607 | €24,230 | +€6,623 | +37.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,407 | €18,030 | +€6,623 | +58.1% |
| Amounts payable | 17/49 | €87,446 | €59,788 | -€27,658 | -31.6% |
| Amounts payable after more than one year | 17 | €1,124 | - | -€1,124 | |
| Financial debts | 170/4 | €1,124 | - | -€1,124 | |
| Amounts payable within one year | 42/48 | €86,322 | €59,788 | -€26,534 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €12,716 | €1,124 | -€11,592 | -91.2% |
| Trade debts | 44 | €46,899 | €35,492 | -€11,407 | -24.3% |
| Suppliers | 440/4 | €46,899 | €35,492 | -€11,407 | -24.3% |
| Taxes, remuneration and social security | 45 | €23,142 | €21,801 | -€1,341 | -5.8% |
| Taxes | 450/3 | €5,510 | €11,576 | +€6,066 | +110.1% |
| Remuneration and social security | 454/9 | €17,632 | €10,226 | -€7,406 | -42.0% |
| Other amounts payable | 47/48 | €3,565 | €1,372 | -€2,194 | -61.5% |
| Non-recurring operating income | 76A | €30,981 | €11,312 | -€19,669 | -63.5% |
| Remuneration, social security and pensions | 62 | €44,923 | €20,945 | -€23,979 | -53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,810 | €13,810 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €21,050 | +€21,050 | |
| Other operating charges | 640/8 | €2,976 | €2,142 | -€835 | -28.0% |
| Gross operating margin | 9900 | €94,002 | €69,756 | -€24,246 | -25.8% |
| Operating profit (loss) | 9901 | €32,292 | €11,810 | -€20,482 | -63.4% |
| Financial charges | 65/66B | €2,359 | €1,821 | -€538 | -22.8% |
| Recurring financial charges | 65 | €2,359 | €1,821 | -€538 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €29,934 | €9,989 | -€19,944 | -66.6% |
| Income taxes | 67/77 | €3,622 | €3,366 | -€256 | -7.1% |
| Profit (loss) for the period | 9904 | €26,311 | €6,623 | -€19,688 | -74.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,311 | €6,623 | -€19,688 | -74.8% |
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 9 October 2026 via checked.be.