ENNEAD: 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.
ENNEAD
Largest movements
- Stocks and contracts -€20,510
down €20,510 (-13.1%), from €156,733 to €136,223
- Cash +€1,689
up €1,689 (+38.8%), from €4,354 to €6,043
mainly Stocks and contracts (+€20,510)
- Other debts -€13,013
down €13,013 (-6.4%), from €203,310 to €190,297
- Profit (loss) carried forward -€5,134
down €5,134 (-6.3%), from -€81,045 to -€86,179
- Gross operating margin +€1,320
up €1,320 (+22.3%), from -€5,926 to -€4,606
- Other operating charges -€291
down €291 (-39.3%), from €741 to €450
- Financial charges -€190
no longer reported in 2022 (was €190)
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €161,404 | €142,817 | -€18,587 | -11.5% |
| Current assets | 29/58 | €161,404 | €142,817 | -€18,587 | -11.5% |
| Stocks and contracts in progress | 3 | €156,733 | €136,223 | -€20,510 | -13.1% |
| Stocks | 30/36 | €156,733 | €136,223 | -€20,510 | -13.1% |
| Amounts receivable within one year | 40/41 | €317 | €551 | +€234 | +74.0% |
| Other amounts receivable | 41 | €317 | €551 | +€234 | +74.0% |
| Cash at bank and in hand | 54/58 | €4,354 | €6,043 | +€1,689 | +38.8% |
| Total equity and liabilities | 10/49 | €161,404 | €142,817 | -€18,587 | -11.5% |
| Equity | 10/15 | -€61,184 | -€66,318 | -€5,134 | -8.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,268 | €1,268 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,268 | €1,268 | = | 0.0% |
| Legal reserve | 130 | €1,268 | €1,268 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,045 | -€86,179 | -€5,134 | -6.3% |
| Amounts payable | 17/49 | €222,588 | €209,135 | -€13,452 | -6.0% |
| Amounts payable after more than one year | 17 | €18,592 | €18,592 | = | 0.0% |
| Financial debts | 170/4 | €18,592 | €18,592 | = | 0.0% |
| Amounts payable within one year | 42/48 | €203,996 | €190,543 | -€13,452 | -6.6% |
| Trade debts | 44 | €539 | €127 | -€413 | -76.5% |
| Suppliers | 440/4 | €539 | €127 | -€413 | -76.5% |
| Taxes, remuneration and social security | 45 | €146 | €120 | -€27 | -18.2% |
| Taxes | 450/3 | €146 | €120 | -€27 | -18.2% |
| Other amounts payable | 47/48 | €203,310 | €190,297 | -€13,013 | -6.4% |
| Other operating charges | 640/8 | €741 | €450 | -€291 | -39.3% |
| Gross operating margin | 9900 | -€5,926 | -€4,606 | +€1,320 | +22.3% |
| Operating profit (loss) | 9901 | -€6,667 | -€5,056 | +€1,611 | +24.2% |
| Financial income | 75/76B | - | €41 | +€41 | |
| Recurring financial income | 75 | - | €41 | +€41 | |
| Financial charges | 65/66B | €190 | - | -€190 | |
| Recurring financial charges | 65 | €190 | - | -€190 | |
| Profit (loss) for the period before taxes | 9903 | -€6,857 | -€5,014 | +€1,843 | +26.9% |
| Income taxes | 67/77 | €146 | €120 | -€27 | -18.2% |
| Profit (loss) for the period | 9904 | -€7,004 | -€5,134 | +€1,870 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,004 | -€5,134 | +€1,870 | +26.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.