Enlite: 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.
Enlite
Largest movements
- Tangible fixed assets +€141,668
up €141,668 (+3471.5%), from €4,081 to €145,749
of which Land and buildings: +€143,409
- Cash -€70,069
down €70,069 (-47.8%), from €146,735 to €76,666
mainly Investment in fixed assets (net) (-€190,978) and Receivables within one year (-€41,119)
- Receivables within one year +€41,119
up €41,119 (+177.4%), from €23,177 to €64,295
of which Trade receivables: +€30,053
- Current investments +€12,000
up €12,000 (+20.0%), from €60,000 to €72,000
- Debts after one year +€109,090
new in 2025: €109,090
- Trade debts +€12,962
up €12,962 (+283.8%), from €4,568 to €17,530
- Current portion of long-term debt +€8,589
new in 2025: €8,589
- Tax, wage and social debts -€6,925
down €6,925 (-16.2%), from €42,644 to €35,720
- Other debts -€6,781
down €6,781 (-38.5%), from €17,611 to €10,830
- Depreciation +€47,245
up €47,245 (+2287.6%), from €2,065 to €49,310
- Other operating charges +€21,914
up €21,914 (+2026.6%), from €1,081 to €22,995
- Taxes -€21,326
down €21,326 (-69.5%), from €30,670 to €9,344
- Financial charges +€2,670
up €2,670 (+2264.3%), from €118 to €2,788
of which Financial charges: +€2,670
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 | €234,062 | €359,140 | +€125,078 | +53.4% |
| Fixed assets | 21/28 | €4,081 | €145,749 | +€141,668 | +3471.5% |
| Tangible fixed assets | 22/27 | €4,081 | €145,749 | +€141,668 | +3471.5% |
| Land and buildings | 22 | - | €143,409 | +€143,409 | |
| Plant, machinery and equipment | 23 | €2,357 | €1,748 | -€608 | -25.8% |
| Furniture and vehicles | 24 | €1,724 | €592 | -€1,133 | -65.7% |
| Current assets | 29/58 | €229,981 | €213,392 | -€16,589 | -7.2% |
| Amounts receivable within one year | 40/41 | €23,177 | €64,295 | +€41,119 | +177.4% |
| Trade receivables | 40 | €23,157 | €53,210 | +€30,053 | +129.8% |
| Other amounts receivable | 41 | €19 | €11,085 | +€11,066 | +57009.6% |
| Current investments | 50/53 | €60,000 | €72,000 | +€12,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €146,735 | €76,666 | -€70,069 | -47.8% |
| Deferred charges and accrued income | 490/1 | €70 | €431 | +€361 | +517.1% |
| Total equity and liabilities | 10/49 | €234,062 | €359,140 | +€125,078 | +53.4% |
| Equity | 10/15 | €169,238 | €175,029 | +€5,791 | +3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €148,905 | €154,696 | +€5,791 | +3.9% |
| Distributable reserves | 133 | €148,905 | €154,696 | +€5,791 | +3.9% |
| Profit (loss) carried forward | 14 | €1,733 | €1,733 | = | 0.0% |
| Amounts payable | 17/49 | €64,824 | €184,112 | +€119,288 | +184.0% |
| Amounts payable after more than one year | 17 | - | €109,090 | +€109,090 | |
| Financial debts | 170/4 | - | €109,090 | +€109,090 | |
| Amounts payable within one year | 42/48 | €64,824 | €72,670 | +€7,846 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | - | €8,589 | +€8,589 | |
| Trade debts | 44 | €4,568 | €17,530 | +€12,962 | +283.8% |
| Suppliers | 440/4 | €4,568 | €17,530 | +€12,962 | +283.8% |
| Taxes, remuneration and social security | 45 | €42,644 | €35,720 | -€6,925 | -16.2% |
| Taxes | 450/3 | €42,644 | €35,720 | -€6,925 | -16.2% |
| Other amounts payable | 47/48 | €17,611 | €10,830 | -€6,781 | -38.5% |
| Accrued charges and deferred income | 492/3 | €0 | €2,352 | +€2,352 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,065 | €49,310 | +€47,245 | +2287.6% |
| Other operating charges | 640/8 | €1,081 | €22,995 | +€21,914 | +2026.6% |
| Gross operating margin | 9900 | €101,601 | €101,499 | -€103 | -0.1% |
| Operating profit (loss) | 9901 | €98,455 | €29,193 | -€69,261 | -70.3% |
| Financial income | 75/76B | €0 | €129 | +€129 | +184471.4% |
| Recurring financial income | 75 | €0 | €129 | +€129 | +184471.4% |
| Financial charges | 65/66B | €118 | €2,788 | +€2,670 | +2264.3% |
| Recurring financial charges | 65 | €118 | €2,788 | +€2,670 | +2264.3% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €98,337 | €26,535 | -€71,802 | -73.0% |
| Transfer from deferred taxes | 780 | - | €0 | = | |
| Income taxes | 67/77 | €30,670 | €9,344 | -€21,326 | -69.5% |
| Profit (loss) for the period | 9904 | €67,666 | €17,191 | -€50,476 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,666 | €17,191 | -€50,476 | -74.6% |
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 12 October 2026 via checked.be.