ENNOVATION: 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.
ENNOVATION
Largest movements
- Receivables within one year +€4,309
up €4,309 (+325.7%), from €1,323 to €5,632
of which Trade receivables: +€4,800
- Cash -€2,303
down €2,303 (-53.9%), from €4,271 to €1,968
mainly Receivables within one year (-€4,309) and Net result for the year (-€3,804)
- Tangible fixed assets +€501
up €501 (+111.3%), from €450 to €950
of which Plant, machinery and equipment: +€501
- Deferred charges and accrued income -€236
down €236 (-22.5%), from €1,048 to €812
- Other debts +€6,054
up €6,054 (+181.4%), from €3,338 to €9,392
- Profit (loss) carried forward -€3,804
down €3,804 (-35.0%), from -€10,858 to -€14,662
- Gross operating margin +€8,562
up €8,562 (+77.2%), from -€11,089 to -€2,527
- Taxes -€208
down €208 (-41.8%), from €498 to €290
- Depreciation -€157
down €157 (-27.6%), from €568 to €411
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 | €7,646 | €9,916 | +€2,270 | +29.7% |
| Fixed assets | 21/28 | €1,005 | €1,505 | +€501 | +49.8% |
| Tangible fixed assets | 22/27 | €450 | €950 | +€501 | +111.3% |
| Plant, machinery and equipment | 23 | €450 | €950 | +€501 | +111.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €555 | €555 | = | 0.0% |
| Current assets | 29/58 | €6,641 | €8,411 | +€1,770 | +26.6% |
| Amounts receivable within one year | 40/41 | €1,323 | €5,632 | +€4,309 | +325.7% |
| Trade receivables | 40 | €450 | €5,250 | +€4,800 | +1066.7% |
| Other amounts receivable | 41 | €873 | €382 | -€491 | -56.3% |
| Cash at bank and in hand | 54/58 | €4,271 | €1,968 | -€2,303 | -53.9% |
| Deferred charges and accrued income | 490/1 | €1,048 | €812 | -€236 | -22.5% |
| Total equity and liabilities | 10/49 | €7,646 | €9,916 | +€2,270 | +29.7% |
| Equity | 10/15 | €3,294 | -€510 | -€3,804 | |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €7,152 | €7,152 | = | 0.0% |
| Distributable reserves | 133 | €7,152 | €7,152 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,858 | -€14,662 | -€3,804 | -35.0% |
| Amounts payable | 17/49 | €4,352 | €10,426 | +€6,074 | +139.6% |
| Amounts payable within one year | 42/48 | €4,352 | €10,426 | +€6,074 | +139.6% |
| Trade debts | 44 | €408 | €401 | -€7 | -1.8% |
| Suppliers | 440/4 | €408 | €401 | -€7 | -1.8% |
| Taxes, remuneration and social security | 45 | €606 | €634 | +€28 | +4.6% |
| Taxes | 450/3 | €606 | €634 | +€28 | +4.6% |
| Other amounts payable | 47/48 | €3,338 | €9,392 | +€6,054 | +181.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €568 | €411 | -€157 | -27.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€11,089 | -€2,527 | +€8,562 | +77.2% |
| Operating profit (loss) | 9901 | -€12,044 | -€3,338 | +€8,707 | +72.3% |
| Financial income | 75/76B | €2 | €5 | +€3 | +197.7% |
| Recurring financial income | 75 | €2 | €5 | +€3 | +197.7% |
| Financial charges | 65/66B | €177 | €182 | +€5 | +2.5% |
| Recurring financial charges | 65 | €177 | €182 | +€5 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,220 | -€3,514 | +€8,706 | +71.2% |
| Income taxes | 67/77 | €498 | €290 | -€208 | -41.8% |
| Profit (loss) for the period | 9904 | -€12,718 | -€3,804 | +€8,914 | +70.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,718 | -€3,804 | +€8,914 | +70.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.