ENNC: 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.
ENNC
Largest movements
- Cash +€29,610
up €29,610 (+58.3%), from €50,786 to €80,396
mainly Net result for the year (+€25,422) and Receivables within one year (+€8,897)
- Receivables within one year -€8,897
down €8,897 (-34.9%), from €25,463 to €16,566
of which Trade receivables: -€8,897
- Tangible fixed assets -€1,413
down €1,413 (-8.2%), from €17,164 to €15,752
of which Land and buildings: -€1,078
- Reserves +€18,840
up €18,840 (+27.1%), from €69,645 to €88,485
of which Distributable reserves: +€18,840
- Tax, wage and social debts +€2,398
up €2,398 (+21.1%), from €11,345 to €13,744
of which Taxes: +€4,114
- Other debts -€1,614
down €1,614 (-28.5%), from €5,668 to €4,054
- Gross operating margin +€12,580
up €12,580 (+40.2%), from €31,270 to €43,850
- Taxes +€6,595
up €6,595 (+85.6%), from €7,707 to €14,302
- Other operating charges +€781
up €781 (+2431.9%), from €32 to €814
- Depreciation -€608
down €608 (-20.1%), from €3,020 to €2,412
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,890 | €116,422 | +€19,532 | +20.2% |
| Fixed assets | 21/28 | €17,164 | €15,752 | -€1,413 | -8.2% |
| Tangible fixed assets | 22/27 | €17,164 | €15,752 | -€1,413 | -8.2% |
| Land and buildings | 22 | €12,882 | €11,804 | -€1,078 | -8.4% |
| Furniture and vehicles | 24 | €4,282 | €3,948 | -€334 | -7.8% |
| Current assets | 29/58 | €79,726 | €100,670 | +€20,944 | +26.3% |
| Amounts receivable within one year | 40/41 | €25,463 | €16,566 | -€8,897 | -34.9% |
| Trade receivables | 40 | €25,463 | €16,566 | -€8,897 | -34.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €50,786 | €80,396 | +€29,610 | +58.3% |
| Deferred charges and accrued income | 490/1 | €3,477 | €3,709 | +€231 | +6.6% |
| Total equity and liabilities | 10/49 | €96,890 | €116,422 | +€19,532 | +20.2% |
| Equity | 10/15 | €75,845 | €94,685 | +€18,840 | +24.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €69,645 | €88,485 | +€18,840 | +27.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €69,645 | €88,485 | +€18,840 | +27.1% |
| Amounts payable | 17/49 | €21,045 | €21,737 | +€692 | +3.3% |
| Amounts payable within one year | 42/48 | €21,045 | €21,737 | +€692 | +3.3% |
| Trade debts | 44 | €4,031 | €3,939 | -€92 | -2.3% |
| Suppliers | 440/4 | €4,031 | €3,939 | -€92 | -2.3% |
| Taxes, remuneration and social security | 45 | €11,345 | €13,744 | +€2,398 | +21.1% |
| Taxes | 450/3 | €9,630 | €13,744 | +€4,114 | +42.7% |
| Remuneration and social security | 454/9 | €1,715 | €0 | -€1,715 | -100.0% |
| Other amounts payable | 47/48 | €5,668 | €4,054 | -€1,614 | -28.5% |
| Non-recurring operating income | 76A | €6,679 | - | -€6,679 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,020 | €2,412 | -€608 | -20.1% |
| Other operating charges | 640/8 | €32 | €814 | +€781 | +2431.9% |
| Gross operating margin | 9900 | €31,270 | €43,850 | +€12,580 | +40.2% |
| Operating profit (loss) | 9901 | €28,218 | €40,624 | +€12,407 | +44.0% |
| Financial income | 75/76B | €15 | €348 | +€333 | +2188.4% |
| Recurring financial income | 75 | €15 | €348 | +€333 | +2188.4% |
| Financial charges | 65/66B | €1,580 | €1,248 | -€332 | -21.0% |
| Recurring financial charges | 65 | €1,580 | €1,248 | -€332 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €26,653 | €39,724 | +€13,071 | +49.0% |
| Income taxes | 67/77 | €7,707 | €14,302 | +€6,595 | +85.6% |
| Profit (loss) for the period | 9904 | €18,946 | €25,422 | +€6,476 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,946 | €25,422 | +€6,476 | +34.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.