ENPROVE: 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.
ENPROVE
Largest movements
- Intangible fixed assets +€212,339
up €212,339 (+25.8%), from €824,023 to €1.0m
- Cash -€142,364
down €142,364 (-67.0%), from €212,402 to €70,038
mainly Debts after one year (-€878,197) and Investment in fixed assets (net) (-€407,860)
- Receivables within one year +€15,537
up €15,537 (+7.4%), from €210,903 to €226,440
of which Trade receivables: +€15,537
- Contributions +€1.0m
up €1.0m (+89.6%), from €1.1m to €2.2m
- Debts after one year -€878,197
down €878,197 (-66.2%), from €1.3m to €448,037
- Profit (loss) carried forward -€160,284
down €160,284 (-8.2%), from -€1.9m to -€2.1m
- Trade debts +€50,023
up €50,023 (+19.0%), from €263,686 to €313,709
- Current portion of long-term debt -€46,049
down €46,049 (-32.1%), from €143,368 to €97,319
- Purchases and services -€445,178
down €445,178 (-36.7%), from €1.2m to €769,129
- Gross operating margin +€381,363
up €381,363 (+96.5%), from €395,072 to €776,435
- Depreciation +€86,043
up €86,043 (+74.1%), from €116,106 to €202,149
- Staff costs -€77,886
down €77,886 (-10.7%), from €725,290 to €647,404
- Turnover +€42,969
up €42,969 (+4.0%), from €1.1m to €1.1m
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 | €1,292,306 | €1,360,213 | +€67,908 | +5.3% |
| Fixed assets | 21/28 | €838,211 | €1,043,923 | +€205,711 | +24.5% |
| Intangible fixed assets | 21 | €824,023 | €1,036,362 | +€212,339 | +25.8% |
| Tangible fixed assets | 22/27 | €13,238 | €7,311 | -€5,927 | -44.8% |
| Land and buildings | 22 | €1,240 | €300 | -€940 | -75.8% |
| Plant, machinery and equipment | 23 | €665 | €3,110 | +€2,444 | +367% |
| Furniture and vehicles | 24 | €11,333 | €3,902 | -€7,431 | -65.6% |
| Financial fixed assets | 28 | €950 | €250 | -€700 | -73.7% |
| Current assets | 29/58 | €454,094 | €316,291 | -€137,804 | -30.3% |
| Amounts receivable within one year | 40/41 | €210,903 | €226,440 | +€15,537 | +7.4% |
| Trade receivables | 40 | €210,903 | €226,440 | +€15,537 | +7.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €212,402 | €70,038 | -€142,364 | -67.0% |
| Deferred charges and accrued income | 490/1 | €30,790 | €19,814 | -€10,976 | -35.6% |
| Total equity and liabilities | 10/49 | €1,292,306 | €1,360,213 | +€67,908 | +5.3% |
| Equity | 10/15 | -€793,787 | €76,007 | +€869,794 | |
| Contributions | 10/11 | €1,149,060 | €2,179,139 | +€1.0m | +89.6% |
| Profit (loss) carried forward | 14 | -€1,942,847 | -€2,103,132 | -€160,284 | -8.2% |
| Amounts payable | 17/49 | €2,086,093 | €1,284,206 | -€801,886 | -38.4% |
| Amounts payable after more than one year | 17 | €1,326,234 | €448,037 | -€878,197 | -66.2% |
| Financial debts | 170/4 | €1,326,234 | €448,037 | -€878,197 | -66.2% |
| Amounts payable within one year | 42/48 | €637,489 | €745,297 | +€107,809 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €143,368 | €97,319 | -€46,049 | -32.1% |
| Financial debts | 43 | €2,363 | €44,261 | +€41,898 | +1,773% |
| Credit institutions | 430/8 | €2,363 | €44,261 | +€41,898 | +1,773% |
| Trade debts | 44 | €263,686 | €313,709 | +€50,023 | +19.0% |
| Suppliers | 440/4 | €263,686 | €313,709 | +€50,023 | +19.0% |
| Taxes, remuneration and social security | 45 | €138,072 | €182,991 | +€44,919 | +32.5% |
| Taxes | 450/3 | €65,573 | €79,562 | +€13,989 | +21.3% |
| Remuneration and social security | 454/9 | €72,499 | €103,429 | +€30,930 | +42.7% |
| Other amounts payable | 47/48 | €90,000 | €107,018 | +€17,018 | +18.9% |
| Accrued charges and deferred income | 492/3 | €122,370 | €90,872 | -€31,498 | -25.7% |
| Turnover | 70 | €1,068,941 | €1,111,909 | +€42,969 | +4.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,214,308 | €769,129 | -€445,178 | -36.7% |
| Remuneration, social security and pensions | 62 | €725,290 | €647,404 | -€77,886 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,106 | €202,149 | +€86,043 | +74.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,598 | €0 | -€8,598 | -100% |
| Other operating charges | 640/8 | €1,173 | €1,511 | +€338 | +28.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €395,072 | €776,435 | +€381,363 | +96.5% |
| Operating profit (loss) | 9901 | -€456,095 | -€74,629 | +€381,466 | +83.6% |
| Financial income | 75/76B | €29 | €335 | +€307 | +1,071% |
| Recurring financial income | 75 | €29 | €335 | +€307 | +1,071% |
| Financial charges | 65/66B | €71,304 | €85,388 | +€14,084 | +19.8% |
| Recurring financial charges | 65 | €71,304 | €85,388 | +€14,084 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | -€527,370 | -€159,682 | +€367,689 | +69.7% |
| Income taxes | 67/77 | €657 | €603 | -€54 | -8.2% |
| Profit (loss) for the period | 9904 | -€528,027 | -€160,284 | +€367,743 | +69.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€528,027 | -€160,284 | +€367,743 | +69.6% |
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 14 October 2026 via checked.be.