ENOLAN: 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.
What changed
ENOLAN
NACE 14.299, Manufacture of wearing apparel
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€9,599
2023 · -€12,899+€22,498
Equity
€719,765
2023 · €710,166+€9,599
Cash
€3,402
2023 · €7,475-€4,073
Balance sheet total
€2.1m
2023 · €2.1m-€45,330
Largest movements
Assets
- Tangible fixed assets -€32,244
down €32,244 (-1.6%), from €2.1m to €2.0m
of which Land and buildings: -€27,904
Equity and liabilities
- Debts after one year -€50,908
down €50,908 (-4.2%), from €1.2m to €1.2m
of which Financial debts: -€51,268
Income statement
- Other operating charges -€53,129
down €53,129 (-83.3%), from €63,779 to €10,650
- Financial charges +€22,794
up €22,794 (+132.0%), from €17,272 to €40,066
- Depreciation +€8,537
up €8,537 (+36.0%), from €23,707 to €32,244
From the 2023 result to the 2024 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.
Result 2023
-€12,899
Gross operating margin
-€448
Staff costs
+€652
Depreciation
-€8,537
Other operating charges
+€53,129
Financial income
+€512
Financial charges
-€22,794
Taxes
-€16
Result 2024
€9,599
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€31,485
Investment
-€3,000
Financing
-€32,558
Cash 2023
€7,475
From operations (derived)
+€31,485
Net result for the year
+€9,599
Depreciation
+€32,244
Stocks and contracts
+€7,928
Receivables within one year
+€3,343
Deferred charges and accrued income
+€742
Trade debts
+€1,475
Tax, wage and social debts
-€4,816
Other debts
-€19,029
Investment (derived)
-€3,000
Investment in fixed assets (net)
-€3,000
Financing
-€32,558
Debts after one year
-€50,908
Current portion of long-term debt
+€4,254
Short-term financial debts
+€14,096
Cash 2024
€3,402
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,118,675 | €2,073,345 | -€45,330 | -2.1% |
| Fixed assets | 21/28 | €2,056,737 | €2,027,493 | -€29,244 | -1.4% |
| Tangible fixed assets | 22/27 | €2,055,362 | €2,023,119 | -€32,244 | -1.6% |
| Land and buildings | 22 | €2,046,314 | €2,018,411 | -€27,904 | -1.4% |
| Furniture and vehicles | 24 | €5,548 | €1,208 | -€4,340 | -78.2% |
| Other tangible fixed assets | 26 | €3,500 | €3,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,374 | €4,374 | +€3,000 | +218.3% |
| Current assets | 29/58 | €61,938 | €45,852 | -€16,086 | -26.0% |
| Stocks and contracts in progress | 3 | €7,928 | - | -€7,928 | |
| Stocks | 30/36 | €7,928 | - | -€7,928 | |
| Amounts receivable within one year | 40/41 | €45,662 | €42,319 | -€3,343 | -7.3% |
| Trade receivables | 40 | €44,972 | €41,584 | -€3,388 | -7.5% |
| Other amounts receivable | 41 | €690 | €735 | +€45 | +6.5% |
| Cash at bank and in hand | 54/58 | €7,475 | €3,402 | -€4,073 | -54.5% |
| Deferred charges and accrued income | 490/1 | €873 | €132 | -€742 | -84.9% |
| Total equity and liabilities | 10/49 | €2,118,675 | €2,073,345 | -€45,330 | -2.1% |
| Equity | 10/15 | €710,166 | €719,765 | +€9,599 | +1.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €816,503 | €816,503 | = | 0.0% |
| Reserves | 13 | €266 | €266 | = | 0.0% |
| Distributable reserves | 133 | €266 | €266 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€168,577 | -€158,978 | +€9,599 | +5.7% |
| Amounts payable | 17/49 | €1,408,509 | €1,353,580 | -€54,929 | -3.9% |
| Amounts payable after more than one year | 17 | €1,222,758 | €1,171,850 | -€50,908 | -4.2% |
| Financial debts | 170/4 | €1,220,348 | €1,169,080 | -€51,268 | -4.2% |
| Other amounts payable | 178/9 | €2,410 | €2,770 | +€360 | +14.9% |
| Amounts payable within one year | 42/48 | €185,751 | €181,731 | -€4,020 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €62,151 | €66,406 | +€4,254 | +6.8% |
| Financial debts | 43 | €23,136 | €37,232 | +€14,096 | +60.9% |
| Credit institutions | 430/8 | €23,136 | €37,232 | +€14,096 | +60.9% |
| Trade debts | 44 | €58,794 | €60,269 | +€1,475 | +2.5% |
| Suppliers | 440/4 | €58,794 | €60,269 | +€1,475 | +2.5% |
| Taxes, remuneration and social security | 45 | €5,377 | €561 | -€4,816 | -89.6% |
| Taxes | 450/3 | €5,377 | €561 | -€4,816 | -89.6% |
| Other amounts payable | 47/48 | €36,293 | €17,264 | -€19,029 | -52.4% |
| Remuneration, social security and pensions | 62 | €652 | - | -€652 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,707 | €32,244 | +€8,537 | +36.0% |
| Other operating charges | 640/8 | €63,779 | €10,650 | -€53,129 | -83.3% |
| Gross operating margin | 9900 | €92,773 | €92,326 | -€448 | -0.5% |
| Operating profit (loss) | 9901 | €4,635 | €49,432 | +€44,796 | +966.4% |
| Financial income | 75/76B | €0 | €512 | +€512 | +159946.9% |
| Recurring financial income | 75 | €0 | €512 | +€512 | +159946.9% |
| Financial charges | 65/66B | €17,272 | €40,066 | +€22,794 | +132.0% |
| Recurring financial charges | 65 | €17,272 | €40,066 | +€22,794 | +132.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,636 | €9,878 | +€22,514 | |
| Income taxes | 67/77 | €263 | €279 | +€16 | +6.1% |
| Profit (loss) for the period | 9904 | -€12,899 | €9,599 | +€22,498 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,899 | €9,599 | +€22,498 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.