ENRE: 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.
ENRE
Largest movements
- Tangible fixed assets -€8,580
down €8,580 (-33.5%), from €25,590 to €17,011
of which Plant, machinery and equipment: -€4,612
- Receivables within one year +€680
up €680 (+22.6%), from €3,006 to €3,686
- Profit (loss) carried forward -€6,533
down €6,533 (-13.2%), from -€49,678 to -€56,211
- Trade debts -€1,904
down €1,904 (-22.0%), from €8,655 to €6,751
- Other debts +€1,662
up €1,662 (+3.0%), from €54,679 to €56,341
- Short-term financial debts -€878
no longer reported in 2025 (was €878)
- Other operating charges -€32,064
down €32,064 (-98.4%), from €32,574 to €510
- Gross operating margin -€25,354
down €25,354 (-90.8%), from €27,911 to €2,557
- Turnover +€23,085
new in 2025: €23,085
- Purchases and services +€20,528
new in 2025: €20,528
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 | €33,134 | €25,481 | -€7,653 | -23.1% |
| Fixed assets | 21/28 | €25,590 | €17,011 | -€8,580 | -33.5% |
| Tangible fixed assets | 22/27 | €25,590 | €17,011 | -€8,580 | -33.5% |
| Plant, machinery and equipment | 23 | €10,336 | €5,724 | -€4,612 | -44.6% |
| Furniture and vehicles | 24 | €15,254 | €11,287 | -€3,967 | -26.0% |
| Current assets | 29/58 | €7,544 | €8,470 | +€926 | +12.3% |
| Stocks and contracts in progress | 3 | €268 | €268 | = | 0.0% |
| Stocks | 30/36 | €268 | €268 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,006 | €3,686 | +€680 | +22.6% |
| Other amounts receivable | 41 | €3,006 | €3,686 | +€680 | +22.6% |
| Cash at bank and in hand | 54/58 | €4,269 | €4,515 | +€246 | +5.8% |
| Total equity and liabilities | 10/49 | €33,134 | €25,481 | -€7,653 | -23.1% |
| Equity | 10/15 | -€31,078 | -€37,611 | -€6,533 | -21.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€49,678 | -€56,211 | -€6,533 | -13.2% |
| Amounts payable | 17/49 | €64,212 | €63,091 | -€1,120 | -1.7% |
| Amounts payable within one year | 42/48 | €64,212 | €63,091 | -€1,120 | -1.7% |
| Financial debts | 43 | €878 | - | -€878 | |
| Credit institutions | 430/8 | €878 | - | -€878 | |
| Trade debts | 44 | €8,655 | €6,751 | -€1,904 | -22.0% |
| Suppliers | 440/4 | €8,655 | €6,751 | -€1,904 | -22.0% |
| Other amounts payable | 47/48 | €54,679 | €56,341 | +€1,662 | +3.0% |
| Turnover | 70 | - | €23,085 | +€23,085 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €20,528 | +€20,528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,701 | €8,580 | -€121 | -1.4% |
| Other operating charges | 640/8 | €32,574 | €510 | -€32,064 | -98.4% |
| Gross operating margin | 9900 | €27,911 | €2,557 | -€25,354 | -90.8% |
| Operating profit (loss) | 9901 | -€13,364 | -€6,533 | +€6,831 | +51.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,364 | -€6,533 | +€6,831 | +51.1% |
| Profit (loss) for the period | 9904 | -€13,364 | -€6,533 | +€6,831 | +51.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,364 | -€6,533 | +€6,831 | +51.1% |
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 30 September 2026 via checked.be.