ENPROBEL: 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.
ENPROBEL
Largest movements
- Tangible fixed assets -€6,608
down €6,608 (-76.6%), from €8,622 to €2,014
- Stocks and contracts +€2,276
new in 2025: €2,276
- Cash +€1,702
up €1,702 (+270%), from €630 to €2,332
mainly Depreciation (+€6,608) and Net result for the year (+€6,462)
- Receivables within one year +€1,668
up €1,668 (+66.8%), from €2,498 to €4,167
of which Other amounts receivable: +€1,120
- Trade debts -€7,139
down €7,139 (-39.2%), from €18,209 to €11,070
- Profit (loss) carried forward +€6,462
up €6,462 (+16.3%), from -€39,532 to -€33,071
- Other debts +€2,922
up €2,922 (+26.6%), from €10,986 to €13,907
- Short-term financial debts -€2,825
no longer reported in 2025 (was €2,825)
- Tax, wage and social debts -€496
down €496 (-3.9%), from €12,873 to €12,377
of which Taxes: -€1,220
- Staff costs -€12,720
no longer reported in 2025 (was €12,720)
- Gross operating margin +€6,483
up €6,483 (+58.3%), from €11,116 to €17,599
- Depreciation -€4,517
down €4,517 (-40.6%), from €11,124 to €6,608
- Other operating charges +€1,991
up €1,991 (+225%), from €886 to €2,877
- Financial charges +€1,158
up €1,158 (+494%), from €235 to €1,393
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 | €12,506 | €11,429 | -€1,077 | -8.6% |
| Fixed assets | 21/28 | €8,622 | €2,014 | -€6,608 | -76.6% |
| Tangible fixed assets | 22/27 | €8,622 | €2,014 | -€6,608 | -76.6% |
| Furniture and vehicles | 24 | €8,622 | €2,014 | -€6,608 | -76.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €3,884 | €9,415 | +€5,531 | +142% |
| Stocks and contracts in progress | 3 | - | €2,276 | +€2,276 | |
| Stocks | 30/36 | - | €2,276 | +€2,276 | |
| Amounts receivable within one year | 40/41 | €2,498 | €4,167 | +€1,668 | +66.8% |
| Trade receivables | 40 | €2,498 | €3,047 | +€549 | +22.0% |
| Other amounts receivable | 41 | - | €1,120 | +€1,120 | |
| Cash at bank and in hand | 54/58 | €630 | €2,332 | +€1,702 | +270% |
| Deferred charges and accrued income | 490/1 | €756 | €640 | -€116 | -15.4% |
| Total equity and liabilities | 10/49 | €12,506 | €11,429 | -€1,077 | -8.6% |
| Equity | 10/15 | -€32,387 | -€25,926 | +€6,462 | +20.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €945 | €945 | = | 0.0% |
| Non-distributable reserves | 130/1 | €945 | €945 | = | 0.0% |
| Reserves not available under the articles | 1311 | €945 | €945 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,532 | -€33,071 | +€6,462 | +16.3% |
| Amounts payable | 17/49 | €44,893 | €37,354 | -€7,539 | -16.8% |
| Amounts payable within one year | 42/48 | €44,893 | €37,354 | -€7,539 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €2,825 | - | -€2,825 | |
| Credit institutions | 430/8 | €2,825 | - | -€2,825 | |
| Trade debts | 44 | €18,209 | €11,070 | -€7,139 | -39.2% |
| Suppliers | 440/4 | €18,209 | €11,070 | -€7,139 | -39.2% |
| Taxes, remuneration and social security | 45 | €12,873 | €12,377 | -€496 | -3.9% |
| Taxes | 450/3 | €1,498 | €278 | -€1,220 | -81.4% |
| Remuneration and social security | 454/9 | €11,376 | €12,099 | +€724 | +6.4% |
| Other amounts payable | 47/48 | €10,986 | €13,907 | +€2,922 | +26.6% |
| Non-recurring operating income | 76A | €13,388 | €5,640 | -€7,748 | -57.9% |
| Remuneration, social security and pensions | 62 | €12,720 | - | -€12,720 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,124 | €6,608 | -€4,517 | -40.6% |
| Other operating charges | 640/8 | €886 | €2,877 | +€1,991 | +225% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €11,116 | €17,599 | +€6,483 | +58.3% |
| Operating profit (loss) | 9901 | -€13,615 | €8,114 | +€21,729 | |
| Financial income | 75/76B | €22 | €18 | -€4 | -16.8% |
| Recurring financial income | 75 | €22 | €18 | -€4 | -16.8% |
| Financial charges | 65/66B | €235 | €1,393 | +€1,158 | +494% |
| Recurring financial charges | 65 | €235 | €1,393 | +€1,158 | +494% |
| Profit (loss) for the period before taxes | 9903 | -€13,827 | €6,740 | +€20,567 | |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €261 | €278 | +€17 | +6.6% |
| Profit (loss) for the period | 9904 | -€14,088 | €6,462 | +€20,550 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,088 | €6,462 | +€20,550 |
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 17 October 2026 via checked.be.