Enkio: 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.
Enkio
Largest movements
- Receivables within one year +€44,964
up €44,964 (+29.3%), from €153,609 to €198,573
of which Trade receivables: +€24,327
- Deferred charges and accrued income +€2,846
new in 2025: €2,846
- Cash +€2,735
up €2,735 (+60.7%), from €4,502 to €7,237
mainly Other debts (+€99,340) and Net result for the year (+€32,154)
- Other debts +€99,340
up €99,340 (+14050.3%), from €707 to €100,047
- Reserves -€67,964
down €67,964 (-77.8%), from €87,387 to €19,423
- Tax, wage and social debts +€11,577
up €11,577 (+139.8%), from €8,281 to €19,858
- Trade debts +€7,091
up €7,091 (+14.1%), from €50,236 to €57,327
- Gross operating margin +€27,891
up €27,891 (+120.8%), from €23,090 to €50,981
- Financial charges +€6,860
up €6,860 (+249.2%), from €2,753 to €9,613
- Taxes +€5,042
up €5,042 (+83.0%), from €6,078 to €11,120
- Financial income +€544
up €544 (+21.4%), from €2,543 to €3,088
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 | €158,111 | €208,656 | +€50,545 | +32.0% |
| Current assets | 29/58 | €158,111 | €208,656 | +€50,545 | +32.0% |
| Amounts receivable within one year | 40/41 | €153,609 | €198,573 | +€44,964 | +29.3% |
| Trade receivables | 40 | €66,289 | €90,616 | +€24,327 | +36.7% |
| Other amounts receivable | 41 | €87,320 | €107,958 | +€20,638 | +23.6% |
| Cash at bank and in hand | 54/58 | €4,502 | €7,237 | +€2,735 | +60.7% |
| Deferred charges and accrued income | 490/1 | - | €2,846 | +€2,846 | |
| Total equity and liabilities | 10/49 | €158,111 | €208,656 | +€50,545 | +32.0% |
| Equity | 10/15 | €97,387 | €29,423 | -€67,964 | -69.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €87,387 | €19,423 | -€67,964 | -77.8% |
| Distributable reserves | 133 | €87,387 | €19,423 | -€67,964 | -77.8% |
| Amounts payable | 17/49 | €60,724 | €179,233 | +€118,509 | +195.2% |
| Amounts payable within one year | 42/48 | €59,224 | €177,233 | +€118,009 | +199.3% |
| Trade debts | 44 | €50,236 | €57,327 | +€7,091 | +14.1% |
| Suppliers | 440/4 | €50,236 | €57,327 | +€7,091 | +14.1% |
| Taxes, remuneration and social security | 45 | €8,281 | €19,858 | +€11,577 | +139.8% |
| Taxes | 450/3 | €8,281 | €19,858 | +€11,577 | +139.8% |
| Other amounts payable | 47/48 | €707 | €100,047 | +€99,340 | +14050.3% |
| Accrued charges and deferred income | 492/3 | €1,500 | €2,000 | +€500 | +33.3% |
| Other operating charges | 640/8 | €839 | €1,182 | +€343 | +40.9% |
| Gross operating margin | 9900 | €23,090 | €50,981 | +€27,891 | +120.8% |
| Operating profit (loss) | 9901 | €22,251 | €49,799 | +€27,548 | +123.8% |
| Financial income | 75/76B | €2,543 | €3,088 | +€544 | +21.4% |
| Recurring financial income | 75 | €2,543 | €3,088 | +€544 | +21.4% |
| Financial charges | 65/66B | €2,753 | €9,613 | +€6,860 | +249.2% |
| Recurring financial charges | 65 | €2,753 | €9,613 | +€6,860 | +249.2% |
| Profit (loss) for the period before taxes | 9903 | €22,041 | €43,274 | +€21,233 | +96.3% |
| Income taxes | 67/77 | €6,078 | €11,120 | +€5,042 | +83.0% |
| Profit (loss) for the period | 9904 | €15,963 | €32,154 | +€16,190 | +101.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,963 | €32,154 | +€16,190 | +101.4% |
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 7 October 2026 via checked.be.