Ennovative Solutions: 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.
Ennovative Solutions
Largest movements
- Receivables within one year -€37,917
down €37,917 (-44.6%), from €84,995 to €47,078
of which Other amounts receivable: -€42,840
- Cash +€14,588
up €14,588 (+10.2%), from €142,321 to €156,909
mainly Net result for the year (+€54,900) and Other debts (+€44,643)
- Tangible fixed assets -€13,608
down €13,608 (-34.5%), from €39,426 to €25,817
of which Furniture and vehicles: -€9,779
- Current investments +€12,000
up €12,000 (+15.4%), from €78,000 to €90,000
- Reserves -€61,340
down €61,340 (-20.1%), from €305,517 to €244,177
of which Distributable reserves: -€61,340
- Other debts +€44,643
up €44,643 (+217%), from €20,620 to €65,263
- Current portion of long-term debt -€7,936
down €7,936 (-91.5%), from €8,677 to €741
- Gross operating margin -€7,945
down €7,945 (-7.7%), from €103,089 to €95,144
- Taxes -€2,468
down €2,468 (-9.6%), from €25,741 to €23,272
- Financial income -€1,234
down €1,234 (-100.0%), from €1,234 to €0
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.
Derived cash bridge
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 | €347,285 | €322,391 | -€24,894 | -7.2% |
| Fixed assets | 21/28 | €39,426 | €25,817 | -€13,608 | -34.5% |
| Tangible fixed assets | 22/27 | €39,426 | €25,817 | -€13,608 | -34.5% |
| Land and buildings | 22 | €4,624 | €1,295 | -€3,329 | -72.0% |
| Plant, machinery and equipment | 23 | €1,370 | €870 | -€500 | -36.5% |
| Furniture and vehicles | 24 | €33,431 | €23,652 | -€9,779 | -29.3% |
| Current assets | 29/58 | €307,859 | €296,574 | -€11,286 | -3.7% |
| Amounts receivable within one year | 40/41 | €84,995 | €47,078 | -€37,917 | -44.6% |
| Trade receivables | 40 | €41,427 | €46,350 | +€4,923 | +11.9% |
| Other amounts receivable | 41 | €43,568 | €728 | -€42,840 | -98.3% |
| Current investments | 50/53 | €78,000 | €90,000 | +€12,000 | +15.4% |
| Cash at bank and in hand | 54/58 | €142,321 | €156,909 | +€14,588 | +10.2% |
| Deferred charges and accrued income | 490/1 | €2,543 | €2,586 | +€43 | +1.7% |
| Total equity and liabilities | 10/49 | €347,285 | €322,391 | -€24,894 | -7.2% |
| Equity | 10/15 | €311,717 | €250,377 | -€61,340 | -19.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €305,517 | €244,177 | -€61,340 | -20.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €303,657 | €242,317 | -€61,340 | -20.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €35,568 | €72,013 | +€36,445 | +102% |
| Amounts payable after more than one year | 17 | €741 | €0 | -€741 | -100% |
| Financial debts | 170/4 | €741 | €0 | -€741 | -100% |
| Amounts payable within one year | 42/48 | €33,827 | €71,013 | +€37,186 | +110% |
| Current portion of amounts payable after more than one year | 42 | €8,677 | €741 | -€7,936 | -91.5% |
| Financial debts | 43 | €1,232 | €845 | -€387 | -31.4% |
| Credit institutions | 430/8 | €0 | €845 | +€845 | |
| Other loans | 439 | €1,232 | €0 | -€1,232 | -100% |
| Trade debts | 44 | €710 | €796 | +€86 | +12.1% |
| Suppliers | 440/4 | €710 | €796 | +€86 | +12.1% |
| Taxes, remuneration and social security | 45 | €2,589 | €3,369 | +€781 | +30.2% |
| Taxes | 450/3 | €2,589 | €3,369 | +€781 | +30.2% |
| Other amounts payable | 47/48 | €20,620 | €65,263 | +€44,643 | +217% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,541 | €15,070 | -€471 | -3.0% |
| Other operating charges | 640/8 | €961 | €1,032 | +€71 | +7.4% |
| Gross operating margin | 9900 | €103,089 | €95,144 | -€7,945 | -7.7% |
| Operating profit (loss) | 9901 | €86,587 | €79,041 | -€7,545 | -8.7% |
| Financial income | 75/76B | €1,234 | €0 | -€1,234 | -100.0% |
| Recurring financial income | 75 | €1,234 | €0 | -€1,234 | -100.0% |
| Financial charges | 65/66B | €1,295 | €869 | -€426 | -32.9% |
| Recurring financial charges | 65 | €1,295 | €869 | -€426 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €86,526 | €78,173 | -€8,354 | -9.7% |
| Income taxes | 67/77 | €25,741 | €23,272 | -€2,468 | -9.6% |
| Profit (loss) for the period | 9904 | €60,786 | €54,900 | -€5,885 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €60,786 | €54,900 | -€5,885 | -9.7% |
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 25 October 2026 via checked.be.