ENJOR: 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.
ENJOR
Largest movements
- Cash +€6,157
up €6,157 (+9.9%), from €62,370 to €68,526
mainly Net result for the year (+€11,172) and Current portion of long-term debt (+€10,203)
- Receivables within one year +€4,058
up €4,058, from €0 to €4,058
of which Other amounts receivable: +€4,058
- Deferred charges and accrued income -€1,744
down €1,744 (-100.0%), from €1,744 to €0
- Tangible fixed assets -€882
down €882 (-74.4%), from €1,185 to €304
of which Furniture and vehicles: -€545
- Reserves +€11,172
up €11,172 (+21.7%), from €51,484 to €62,656
of which Distributable reserves: +€11,172
- Tax, wage and social debts -€10,944
down €10,944 (-85.2%), from €12,846 to €1,902
of which Taxes: -€11,514
- Current portion of long-term debt +€10,203
up €10,203, from €0 to €10,203
- Trade debts -€1,890
down €1,890 (-62.1%), from €3,042 to €1,152
- Other debts -€952
down €952 (-100.0%), from €952 to €0
- Gross operating margin -€46,038
down €46,038 (-70.2%), from €65,627 to €19,589
- Taxes -€15,631
down €15,631 (-73.3%), from €21,323 to €5,692
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 | €69,680 | €77,268 | +€7,589 | +10.9% |
| Fixed assets | 21/28 | €5,566 | €4,684 | -€882 | -15.8% |
| Tangible fixed assets | 22/27 | €1,185 | €304 | -€882 | -74.4% |
| Plant, machinery and equipment | 23 | €640 | €304 | -€336 | -52.6% |
| Furniture and vehicles | 24 | €545 | €0 | -€545 | -100.0% |
| Financial fixed assets | 28 | €4,380 | €4,380 | = | 0.0% |
| Current assets | 29/58 | €64,114 | €72,585 | +€8,471 | +13.2% |
| Amounts receivable within one year | 40/41 | €0 | €4,058 | +€4,058 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €4,058 | +€4,058 | |
| Cash at bank and in hand | 54/58 | €62,370 | €68,526 | +€6,157 | +9.9% |
| Deferred charges and accrued income | 490/1 | €1,744 | €0 | -€1,744 | -100.0% |
| Total equity and liabilities | 10/49 | €69,680 | €77,268 | +€7,589 | +10.9% |
| Equity | 10/15 | €52,840 | €64,012 | +€11,172 | +21.1% |
| Contributions | 10/11 | €1,356 | €1,356 | = | 0.0% |
| Reserves | 13 | €51,484 | €62,656 | +€11,172 | +21.7% |
| Tax-exempt reserves | 132 | €8,851 | €8,851 | = | 0.0% |
| Distributable reserves | 133 | €42,634 | €53,805 | +€11,172 | +26.2% |
| Amounts payable | 17/49 | €16,840 | €13,257 | -€3,583 | -21.3% |
| Amounts payable within one year | 42/48 | €16,840 | €13,257 | -€3,583 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | €10,203 | +€10,203 | |
| Trade debts | 44 | €3,042 | €1,152 | -€1,890 | -62.1% |
| Suppliers | 440/4 | €3,042 | €1,152 | -€1,890 | -62.1% |
| Taxes, remuneration and social security | 45 | €12,846 | €1,902 | -€10,944 | -85.2% |
| Taxes | 450/3 | €12,631 | €1,117 | -€11,514 | -91.2% |
| Remuneration and social security | 454/9 | €215 | €785 | +€570 | +265.1% |
| Other amounts payable | 47/48 | €952 | €0 | -€952 | -100.0% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,242 | €882 | -€360 | -29.0% |
| Other operating charges | 640/8 | €1,800 | €1,402 | -€398 | -22.1% |
| Gross operating margin | 9900 | €65,627 | €19,589 | -€46,038 | -70.2% |
| Operating profit (loss) | 9901 | €62,585 | €17,305 | -€45,280 | -72.3% |
| Financial income | 75/76B | €161 | €33 | -€128 | -79.3% |
| Recurring financial income | 75 | €161 | €33 | -€128 | -79.3% |
| Financial charges | 65/66B | €593 | €475 | -€118 | -19.9% |
| Recurring financial charges | 65 | €593 | €475 | -€118 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €62,153 | €16,863 | -€45,290 | -72.9% |
| Income taxes | 67/77 | €21,323 | €5,692 | -€15,631 | -73.3% |
| Profit (loss) for the period | 9904 | €40,831 | €11,172 | -€29,659 | -72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,831 | €11,172 | -€29,659 | -72.6% |
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 8 October 2026 via checked.be.