ENOVATION CONSTRUCT: 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.
ENOVATION CONSTRUCT
Largest movements
- Tangible fixed assets +€9,393
new in 2025: €9,393
- Cash -€3,728
down €3,728 (-58.1%), from €6,414 to €2,686
mainly Investment in fixed assets (net) (-€12,745) and Trade debts (-€10,428)
- Receivables within one year -€934
down €934 (-7.6%), from €12,260 to €11,326
of which Other amounts receivable: -€792
- Trade debts -€10,428
down €10,428 (-96.1%), from €10,846 to €418
- Profit (loss) carried forward +€10,288
up €10,288 (+41.7%), from -€24,646 to -€14,358
- Other debts +€5,153
up €5,153 (+29.0%), from €17,767 to €22,920
- Tax, wage and social debts -€392
down €392 (-8.9%), from €4,398 to €4,005
of which Remuneration and social security: -€2,500
- Gross operating margin +€5,202
up €5,202 (+59.1%), from €8,804 to €14,006
- Depreciation +€3,352
new in 2025: €3,352
- Other operating charges +€151
up €151 (+153.7%), from €98 to €249
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 | €23,174 | €27,796 | +€4,622 | +19.9% |
| Fixed assets | 21/28 | - | €9,393 | +€9,393 | |
| Tangible fixed assets | 22/27 | - | €9,393 | +€9,393 | |
| Leasing and similar rights | 25 | - | €9,393 | +€9,393 | |
| Current assets | 29/58 | €23,174 | €18,403 | -€4,771 | -20.6% |
| Stocks and contracts in progress | 3 | €4,500 | €4,391 | -€109 | -2.4% |
| Stocks | 30/36 | €4,500 | €4,391 | -€109 | -2.4% |
| Amounts receivable within one year | 40/41 | €12,260 | €11,326 | -€934 | -7.6% |
| Trade receivables | 40 | €11,468 | €11,326 | -€142 | -1.2% |
| Other amounts receivable | 41 | €792 | - | -€792 | |
| Cash at bank and in hand | 54/58 | €6,414 | €2,686 | -€3,728 | -58.1% |
| Total equity and liabilities | 10/49 | €23,174 | €27,796 | +€4,622 | +19.9% |
| Equity | 10/15 | -€9,836 | €452 | +€10,288 | |
| Contributions | 10/11 | €14,810 | €14,810 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,646 | -€14,358 | +€10,288 | +41.7% |
| Amounts payable | 17/49 | €33,010 | €27,344 | -€5,667 | -17.2% |
| Amounts payable within one year | 42/48 | €33,010 | €27,344 | -€5,667 | -17.2% |
| Trade debts | 44 | €10,846 | €418 | -€10,428 | -96.1% |
| Suppliers | 440/4 | €10,846 | €418 | -€10,428 | -96.1% |
| Taxes, remuneration and social security | 45 | €4,398 | €4,005 | -€392 | -8.9% |
| Taxes | 450/3 | €1,898 | €4,005 | +€2,108 | +111.1% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €17,767 | €22,920 | +€5,153 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,352 | +€3,352 | |
| Other operating charges | 640/8 | €98 | €249 | +€151 | +153.7% |
| Gross operating margin | 9900 | €8,804 | €14,006 | +€5,202 | +59.1% |
| Operating profit (loss) | 9901 | €8,706 | €10,405 | +€1,699 | +19.5% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €108 | €117 | +€9 | +8.3% |
| Recurring financial charges | 65 | €108 | €117 | +€9 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €8,602 | €10,288 | +€1,687 | +19.6% |
| Profit (loss) for the period | 9904 | €8,602 | €10,288 | +€1,687 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,602 | €10,288 | +€1,687 | +19.6% |
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 6 October 2026 via checked.be.