ENK-ELEC: 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.
ENK-ELEC
Largest movements
- Receivables within one year +€38,900
up €38,900 (+124%), from €31,496 to €70,397
of which Other amounts receivable: +€44,632
- Cash +€26,516
up €26,516 (+35.3%), from €75,028 to €101,544
mainly Net result for the year (+€63,114) and Accrued charges and deferred income (+€24,235)
- Tangible fixed assets -€6,411
down €6,411 (-59.3%), from €10,807 to €4,396
- Profit (loss) carried forward +€38,114
up €38,114 (+57.9%), from €65,791 to €103,905
- Accrued charges and deferred income +€24,235
new in 2025: €24,235
- Debts after one year -€4,778
down €4,778 (-79.8%), from €5,988 to €1,210
- Gross operating margin +€11,792
up €11,792 (+18.5%), from €63,604 to €75,397
- Taxes +€1,715
up €1,715 (+59.7%), from €2,871 to €4,587
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 | €117,331 | €176,337 | +€59,006 | +50.3% |
| Fixed assets | 21/28 | €10,807 | €4,396 | -€6,411 | -59.3% |
| Tangible fixed assets | 22/27 | €10,807 | €4,396 | -€6,411 | -59.3% |
| Furniture and vehicles | 24 | €10,807 | €4,396 | -€6,411 | -59.3% |
| Current assets | 29/58 | €106,525 | €171,941 | +€65,417 | +61.4% |
| Amounts receivable within one year | 40/41 | €31,496 | €70,397 | +€38,900 | +124% |
| Trade receivables | 40 | €13,088 | €7,356 | -€5,732 | -43.8% |
| Other amounts receivable | 41 | €18,408 | €63,041 | +€44,632 | +242% |
| Cash at bank and in hand | 54/58 | €75,028 | €101,544 | +€26,516 | +35.3% |
| Total equity and liabilities | 10/49 | €117,331 | €176,337 | +€59,006 | +50.3% |
| Equity | 10/15 | €69,791 | €107,905 | +€38,114 | +54.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,791 | €103,905 | +€38,114 | +57.9% |
| Amounts payable | 17/49 | €47,541 | €68,432 | +€20,892 | +43.9% |
| Amounts payable after more than one year | 17 | €5,988 | €1,210 | -€4,778 | -79.8% |
| Financial debts | 170/4 | €5,988 | €1,210 | -€4,778 | -79.8% |
| Amounts payable within one year | 42/48 | €41,553 | €42,988 | +€1,435 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €4,684 | €4,778 | +€95 | +2.0% |
| Trade debts | 44 | €112 | €75 | -€37 | -33.2% |
| Suppliers | 440/4 | €112 | €75 | -€37 | -33.2% |
| Advances received on contracts in progress | 46 | €11,757 | €13,134 | +€1,378 | +11.7% |
| Other amounts payable | 47/48 | €25,000 | €25,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €24,235 | +€24,235 | |
| Remuneration, social security and pensions | 62 | - | €280 | +€280 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,411 | €6,411 | = | 0.0% |
| Other operating charges | 640/8 | €392 | €780 | +€388 | +99.0% |
| Gross operating margin | 9900 | €63,604 | €75,397 | +€11,792 | +18.5% |
| Operating profit (loss) | 9901 | €56,801 | €67,926 | +€11,124 | +19.6% |
| Financial income | 75/76B | €49 | - | -€49 | |
| Recurring financial income | 75 | €49 | - | -€49 | |
| Financial charges | 65/66B | €318 | €225 | -€93 | -29.2% |
| Recurring financial charges | 65 | €318 | €225 | -€93 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €56,533 | €67,701 | +€11,168 | +19.8% |
| Income taxes | 67/77 | €2,871 | €4,587 | +€1,715 | +59.7% |
| Profit (loss) for the period | 9904 | €53,662 | €63,114 | +€9,453 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €53,662 | €63,114 | +€9,453 | +17.6% |
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 25 October 2026 via checked.be.