ENNAKHIL: 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.
ENNAKHIL
Largest movements
- Cash -€3,039
down €3,039 (-11.9%), from €25,599 to €22,560
mainly Net result for the year (-€5,675) and Receivables within one year (-€2,590)
- Receivables within one year +€2,590
up €2,590 (+259.0%), from €1,000 to €3,590
of which Trade receivables: +€2,590
- Tangible fixed assets -€1,747
down €1,747 (-47.5%), from €3,674 to €1,927
of which Furniture and vehicles: -€1,417
- Stocks and contracts -€400
down €400 (-20.0%), from €2,000 to €1,600
- Profit (loss) carried forward -€5,675
down €5,675, from €2,089 to -€3,586
- Tax, wage and social debts +€1,656
up €1,656 (+19.0%), from €8,713 to €10,369
of which Remuneration and social security: +€2,029
- Trade debts +€1,423
up €1,423 (+134.0%), from €1,062 to €2,484
- Gross operating margin -€9,618
down €9,618 (-16.7%), from €57,550 to €47,933
- Staff costs +€1,654
up €1,654 (+4.5%), from €36,474 to €38,128
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 | €32,324 | €29,727 | -€2,596 | -8.0% |
| Fixed assets | 21/28 | €3,724 | €1,977 | -€1,747 | -46.9% |
| Tangible fixed assets | 22/27 | €3,674 | €1,927 | -€1,747 | -47.5% |
| Plant, machinery and equipment | 23 | €467 | €137 | -€330 | -70.6% |
| Furniture and vehicles | 24 | €3,207 | €1,790 | -€1,417 | -44.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €28,599 | €27,750 | -€850 | -3.0% |
| Stocks and contracts in progress | 3 | €2,000 | €1,600 | -€400 | -20.0% |
| Stocks | 30/36 | €2,000 | €1,600 | -€400 | -20.0% |
| Amounts receivable within one year | 40/41 | €1,000 | €3,590 | +€2,590 | +259.0% |
| Trade receivables | 40 | - | €2,590 | +€2,590 | |
| Other amounts receivable | 41 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,599 | €22,560 | -€3,039 | -11.9% |
| Total equity and liabilities | 10/49 | €32,324 | €29,727 | -€2,596 | -8.0% |
| Equity | 10/15 | €22,549 | €16,874 | -€5,675 | -25.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,089 | -€3,586 | -€5,675 | |
| Amounts payable | 17/49 | €9,775 | €12,853 | +€3,079 | +31.5% |
| Amounts payable within one year | 42/48 | €9,775 | €12,853 | +€3,079 | +31.5% |
| Trade debts | 44 | €1,062 | €2,484 | +€1,423 | +134.0% |
| Suppliers | 440/4 | €1,062 | €2,484 | +€1,423 | +134.0% |
| Taxes, remuneration and social security | 45 | €8,713 | €10,369 | +€1,656 | +19.0% |
| Taxes | 450/3 | €1,081 | €708 | -€373 | -34.5% |
| Remuneration and social security | 454/9 | €7,632 | €9,661 | +€2,029 | +26.6% |
| Remuneration, social security and pensions | 62 | €36,474 | €38,128 | +€1,654 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,269 | €1,747 | +€477 | +37.6% |
| Other operating charges | 640/8 | €12,504 | €12,469 | -€35 | -0.3% |
| Non-recurring operating charges | 66A | €132 | - | -€132 | |
| Gross operating margin | 9900 | €57,550 | €47,933 | -€9,618 | -16.7% |
| Operating profit (loss) | 9901 | €7,171 | -€4,411 | -€11,582 | |
| Financial charges | 65/66B | €805 | €1,264 | +€459 | +57.0% |
| Recurring financial charges | 65 | €805 | €1,264 | +€459 | +57.0% |
| Profit (loss) for the period before taxes | 9903 | €6,366 | -€5,675 | -€12,041 | |
| Profit (loss) for the period | 9904 | €6,366 | -€5,675 | -€12,041 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,366 | -€5,675 | -€12,041 |
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 11 October 2026 via checked.be.