ENO' BOUTIQUE: 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.
ENO' BOUTIQUE
Largest movements
- Stocks and contracts +€9,819
up €9,819 (+35.3%), from €27,846 to €37,665
- Cash -€7,109
down €7,109 (-66.5%), from €10,699 to €3,589
mainly Net result for the year (-€15,762) and Stocks and contracts (-€9,819)
- Intangible fixed assets -€5,714
down €5,714 (-23.6%), from €24,250 to €18,536
- Tangible fixed assets -€3,055
down €3,055 (-13.4%), from €22,861 to €19,806
of which Other tangible fixed assets: -€2,576
- Receivables within one year +€2,641
up €2,641 (+4,030%), from €66 to €2,707
of which Trade receivables: +€2,641
- Trade debts +€19,312
up €19,312 (+289%), from €6,685 to €25,997
- Profit (loss) carried forward -€15,762
down €15,762 (-34.7%), from -€45,378 to -€61,141
- Other debts -€6,565
down €6,565 (-6.6%), from €100,193 to €93,628
- Debts after one year -€4,961
down €4,961 (-34.3%), from €14,473 to €9,512
- Tax, wage and social debts +€3,224
up €3,224 (+77.6%), from €4,157 to €7,381
of which Taxes: +€3,651
- Staff costs +€24,087
up €24,087 (+74.8%), from €32,189 to €56,276
- Gross operating margin +€9,426
up €9,426 (+19.9%), from €47,407 to €56,833
- Financial charges +€2,637
up €2,637 (+58.4%), from €4,516 to €7,153
- Other operating charges -€1,512
down €1,512 (-68.8%), from €2,199 to €687
- Depreciation -€692
down €692 (-7.3%), from €9,462 to €8,770
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 | €89,820 | €86,401 | -€3,419 | -3.8% |
| Fixed assets | 21/28 | €51,210 | €42,440 | -€8,770 | -17.1% |
| Intangible fixed assets | 21 | €24,250 | €18,536 | -€5,714 | -23.6% |
| Tangible fixed assets | 22/27 | €22,861 | €19,806 | -€3,055 | -13.4% |
| Plant, machinery and equipment | 23 | €1,363 | €884 | -€479 | -35.2% |
| Other tangible fixed assets | 26 | €21,498 | €18,922 | -€2,576 | -12.0% |
| Financial fixed assets | 28 | €4,098 | €4,098 | = | 0.0% |
| Current assets | 29/58 | €38,610 | €43,961 | +€5,350 | +13.9% |
| Stocks and contracts in progress | 3 | €27,846 | €37,665 | +€9,819 | +35.3% |
| Stocks | 30/36 | €27,846 | €37,665 | +€9,819 | +35.3% |
| Amounts receivable within one year | 40/41 | €66 | €2,707 | +€2,641 | +4,030% |
| Trade receivables | 40 | €34 | €2,675 | +€2,641 | +7,761% |
| Other amounts receivable | 41 | €32 | €32 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,699 | €3,589 | -€7,109 | -66.5% |
| Total equity and liabilities | 10/49 | €89,820 | €86,401 | -€3,419 | -3.8% |
| Equity | 10/15 | -€40,378 | -€56,141 | -€15,762 | -39.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,378 | -€61,141 | -€15,762 | -34.7% |
| Amounts payable | 17/49 | €130,198 | €142,542 | +€12,343 | +9.5% |
| Amounts payable after more than one year | 17 | €14,473 | €9,512 | -€4,961 | -34.3% |
| Financial debts | 170/4 | €14,473 | €9,512 | -€4,961 | -34.3% |
| Amounts payable within one year | 42/48 | €115,726 | €131,968 | +€16,242 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €4,691 | €4,961 | +€270 | +5.8% |
| Trade debts | 44 | €6,685 | €25,997 | +€19,312 | +289% |
| Suppliers | 440/4 | €6,685 | €25,997 | +€19,312 | +289% |
| Taxes, remuneration and social security | 45 | €4,157 | €7,381 | +€3,224 | +77.6% |
| Taxes | 450/3 | €471 | €4,122 | +€3,651 | +774% |
| Remuneration and social security | 454/9 | €3,685 | €3,259 | -€427 | -11.6% |
| Other amounts payable | 47/48 | €100,193 | €93,628 | -€6,565 | -6.6% |
| Accrued charges and deferred income | 492/3 | - | €1,063 | +€1,063 | |
| Remuneration, social security and pensions | 62 | €32,189 | €56,276 | +€24,087 | +74.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,462 | €8,770 | -€692 | -7.3% |
| Other operating charges | 640/8 | €2,199 | €687 | -€1,512 | -68.8% |
| Gross operating margin | 9900 | €47,407 | €56,833 | +€9,426 | +19.9% |
| Operating profit (loss) | 9901 | €3,558 | -€8,899 | -€12,457 | |
| Financial income | 75/76B | €66 | €290 | +€224 | +342% |
| Recurring financial income | 75 | €66 | €290 | +€224 | +342% |
| Financial charges | 65/66B | €4,516 | €7,153 | +€2,637 | +58.4% |
| Recurring financial charges | 65 | €4,516 | €7,153 | +€2,637 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | -€893 | -€15,762 | -€14,870 | -1,666% |
| Profit (loss) for the period | 9904 | -€893 | -€15,762 | -€14,870 | -1,666% |
| Profit (loss) for the period to be appropriated | 9905 | -€893 | -€15,762 | -€14,870 | -1,666% |
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 22 October 2026 via checked.be.