ENNEGI: 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.
ENNEGI
Largest movements
- Cash -€11,733
down €11,733 (-80.1%), from €14,641 to €2,907
mainly Provisions (-€12,768) and Net result for the year (-€5,025)
- Receivables within one year -€9,980
down €9,980 (-4.3%), from €234,269 to €224,289
- Reserves -€19,888
down €19,888 (-16.7%), from €118,839 to €98,951
of which Distributable reserves: -€19,888
- Profit (loss) carried forward +€14,862
up €14,862 (+16.5%), from €90,291 to €105,154
- Provisions -€12,768
down €12,768 (-73.9%), from €17,268 to €4,500
- Tax, wage and social debts -€3,920
no longer reported in 2025 (was €3,920)
- Financial income -€13,880
no longer reported in 2025 (was €13,880)
- Gross operating margin +€4,307
up €4,307 (+66.1%), from -€6,517 to -€2,210
- Purchases and services -€4,307
down €4,307 (-66.1%), from €6,517 to €2,210
- Other operating charges +€1,715
new in 2025: €1,715
- Taxes +€899
new in 2025: €899
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 | €248,910 | €227,196 | -€21,713 | -8.7% |
| Current assets | 29/58 | €248,910 | €227,196 | -€21,713 | -8.7% |
| Amounts receivable within one year | 40/41 | €234,269 | €224,289 | -€9,980 | -4.3% |
| Other amounts receivable | 41 | €234,269 | €224,289 | -€9,980 | -4.3% |
| Cash at bank and in hand | 54/58 | €14,641 | €2,907 | -€11,733 | -80.1% |
| Total equity and liabilities | 10/49 | €248,910 | €227,196 | -€21,713 | -8.7% |
| Equity | 10/15 | €227,722 | €222,696 | -€5,025 | -2.2% |
| 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 | €118,839 | €98,951 | -€19,888 | -16.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €116,979 | €97,092 | -€19,888 | -17.0% |
| Profit (loss) carried forward | 14 | €90,291 | €105,154 | +€14,862 | +16.5% |
| Provisions and deferred taxes | 16 | €17,268 | €4,500 | -€12,768 | -73.9% |
| Provisions for liabilities and charges | 160/5 | €17,268 | €4,500 | -€12,768 | -73.9% |
| Taxes | 161 | €12,768 | - | -€12,768 | |
| Other liabilities and charges | 164/5 | €4,500 | €4,500 | = | 0.0% |
| Amounts payable | 17/49 | €3,920 | - | -€3,920 | |
| Amounts payable within one year | 42/48 | €3,920 | - | -€3,920 | |
| Taxes, remuneration and social security | 45 | €3,920 | - | -€3,920 | |
| Taxes | 450/3 | €3,920 | - | -€3,920 | |
| Goods, raw materials, services and sundry goods | 60/61 | €6,517 | €2,210 | -€4,307 | -66.1% |
| Other operating charges | 640/8 | - | €1,715 | +€1,715 | |
| Non-recurring operating charges | 66A | €4,500 | - | -€4,500 | |
| Gross operating margin | 9900 | -€6,517 | -€2,210 | +€4,307 | +66.1% |
| Operating profit (loss) | 9901 | -€11,017 | -€3,925 | +€7,092 | +64.4% |
| Financial income | 75/76B | €13,880 | - | -€13,880 | |
| Recurring financial income | 75 | €13,880 | - | -€13,880 | |
| Financial charges | 65/66B | €330 | €202 | -€128 | -38.8% |
| Recurring financial charges | 65 | €330 | €202 | -€128 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €2,533 | -€4,127 | -€6,660 | |
| Income taxes | 67/77 | - | €899 | +€899 | |
| Profit (loss) for the period | 9904 | €2,533 | -€5,025 | -€7,558 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,533 | -€5,025 | -€7,558 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.