ENKA: 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.
ENKA
Largest movements
- Receivables within one year -€26,219
down €26,219 (-99.9%), from €26,241 to €22
- Cash +€5,321
up €5,321 (+249.7%), from €2,131 to €7,453
mainly Receivables within one year (+€26,219) and Net result for the year (+€6,256)
- Intangible fixed assets -€2,600
down €2,600 (-11.1%), from €23,400 to €20,800
- Tangible fixed assets -€1,211
down €1,211 (-20.2%), from €5,995 to €4,785
- Debts within one year -€24,073
down €24,073 (-66.4%), from €36,272 to €12,200
- Debts after one year -€6,595
down €6,595 (-49.2%), from €13,392 to €6,797
- Profit (loss) carried forward +€4,996
up €4,996, from -€3,414 to €1,581
- Reserves +€1,260
new in 2017: €1,260
- Gross operating margin +€16,736
up €16,736 (+727.2%), from €2,302 to €19,038
- Taxes +€2,035
new in 2017: €2,035
From the 2016 result to the 2017 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 2016 and 2017 balance sheets and the 2017 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,850 | €34,438 | -€24,412 | -41.5% |
| Fixed assets | 21/28 | €29,575 | €25,765 | -€3,811 | -12.9% |
| Intangible fixed assets | 21 | €23,400 | €20,800 | -€2,600 | -11.1% |
| Tangible fixed assets | 22/27 | €5,995 | €4,785 | -€1,211 | -20.2% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €29,275 | €8,673 | -€20,602 | -70.4% |
| Stocks and contracts in progress | 3 | €902 | €1,198 | +€296 | +32.8% |
| Amounts receivable within one year | 40/41 | €26,241 | €22 | -€26,219 | -99.9% |
| Cash at bank and in hand | 54/58 | €2,131 | €7,453 | +€5,321 | +249.7% |
| Total equity and liabilities | 10/49 | €58,850 | €34,438 | -€24,412 | -41.5% |
| Equity | 10/15 | €9,186 | €15,441 | +€6,256 | +68.1% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | - | €1,260 | +€1,260 | |
| Profit (loss) carried forward | 14 | -€3,414 | €1,581 | +€4,996 | |
| Amounts payable | 17/49 | €49,665 | €18,997 | -€30,668 | -61.7% |
| Amounts payable after more than one year | 17 | €13,392 | €6,797 | -€6,595 | -49.2% |
| Amounts payable within one year | 42/48 | €36,272 | €12,200 | -€24,073 | -66.4% |
| Trade debts | 44 | €29,836 | €2,829 | -€27,007 | -90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,811 | €3,811 | = | 0.0% |
| Gross operating margin | 9900 | €2,302 | €19,038 | +€16,736 | +727.2% |
| Operating profit (loss) | 9901 | -€2,288 | €9,758 | +€12,047 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | +8500.0% |
| Recurring financial charges | 65 | €1,126 | €1,469 | +€343 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,414 | €8,290 | +€11,705 | |
| Income taxes | 67/77 | - | €2,035 | +€2,035 | |
| Profit (loss) for the period | 9904 | -€3,414 | €6,256 | +€9,670 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,414 | €6,256 | +€9,670 |
Source: filed annual accounts (NBB), financial years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.