ENLAIGHTEN: 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.
ENLAIGHTEN
Largest movements
- Cash +€1,121
up €1,121 (+7.0%), from €16,068 to €17,189
mainly Other debts (+€558) and Depreciation (+€380)
- Tangible fixed assets -€380
down €380 (-25.2%), from €1,508 to €1,128
- Other debts +€558
up €558 (+437%), from €128 to €685
- Gross operating margin +€4,512
up €4,512, from -€3,493 to €1,019
- Other operating charges +€402
up €402 (+630%), from €64 to €465
- Financial income +€42
up €42 (+8,723%), from €0 to €42
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 | €17,576 | €18,317 | +€741 | +4.2% |
| Fixed assets | 21/28 | €1,508 | €1,128 | -€380 | -25.2% |
| Tangible fixed assets | 22/27 | €1,508 | €1,128 | -€380 | -25.2% |
| Plant, machinery and equipment | 23 | €1,508 | €1,128 | -€380 | -25.2% |
| Current assets | 29/58 | €16,068 | €17,189 | +€1,121 | +7.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €16,068 | €17,189 | +€1,121 | +7.0% |
| Total equity and liabilities | 10/49 | €17,576 | €18,317 | +€741 | +4.2% |
| Equity | 10/15 | €17,335 | €17,481 | +€145 | +0.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,341 | €1,341 | = | 0.0% |
| Distributable reserves | 133 | €1,341 | €1,341 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,005 | -€3,860 | +€145 | +3.6% |
| Amounts payable | 17/49 | €241 | €837 | +€596 | +248% |
| Amounts payable within one year | 42/48 | €241 | €837 | +€596 | +248% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €113 | €152 | +€38 | +34.0% |
| Taxes | 450/3 | €113 | €152 | +€38 | +34.0% |
| Other amounts payable | 47/48 | €128 | €685 | +€558 | +437% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €380 | €380 | = | 0.0% |
| Other operating charges | 640/8 | €64 | €465 | +€402 | +630% |
| Gross operating margin | 9900 | -€3,493 | €1,019 | +€4,512 | |
| Operating profit (loss) | 9901 | -€3,937 | €174 | +€4,110 | |
| Financial income | 75/76B | €0 | €42 | +€42 | +8,723% |
| Recurring financial income | 75 | €0 | €42 | +€42 | +8,723% |
| Financial charges | 65/66B | €69 | €71 | +€2 | +2.3% |
| Recurring financial charges | 65 | €69 | €71 | +€2 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,005 | €145 | +€4,151 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€4,005 | €145 | +€4,151 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,005 | €145 | +€4,151 |
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 13 October 2026 via checked.be.