ENRJ: 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.
ENRJ
Largest movements
- Tangible fixed assets -€24,151
down €24,151 (-4.7%), from €514,837 to €490,687
of which Land and buildings: -€14,624
- Cash +€18,242
up €18,242 (+38.2%), from €47,731 to €65,973
mainly Net result for the year (+€38,876) and Depreciation (+€24,151)
- Reserves +€38,876
up €38,876 (+3.0%), from €1.3m to €1.4m
- Debts after one year -€15,012
no longer reported in 2025 (was €15,012)
- Depreciation +€6,094
up €6,094 (+33.7%), from €18,057 to €24,151
- Financial income +€4,907
up €4,907 (+353%), from €1,389 to €6,296
- Other operating charges +€1,933
up €1,933 (+151%), from €1,283 to €3,216
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 | €1,371,333 | €1,385,409 | +€14,076 | +1.0% |
| Fixed assets | 21/28 | €1,134,837 | €1,110,687 | -€24,151 | -2.1% |
| Tangible fixed assets | 22/27 | €514,837 | €490,687 | -€24,151 | -4.7% |
| Land and buildings | 22 | €470,015 | €455,390 | -€14,624 | -3.1% |
| Furniture and vehicles | 24 | €44,823 | €35,296 | -€9,527 | -21.3% |
| Financial fixed assets | 28 | €620,000 | €620,000 | = | 0.0% |
| Current assets | 29/58 | €236,496 | €274,723 | +€38,227 | +16.2% |
| Amounts receivable after more than one year | 29 | €38,421 | €48,589 | +€10,167 | +26.5% |
| Other amounts receivable | 291 | €38,421 | €48,589 | +€10,167 | +26.5% |
| Amounts receivable within one year | 40/41 | €6,572 | €5,258 | -€1,313 | -20.0% |
| Trade receivables | 40 | €2,860 | €5,103 | +€2,243 | +78.4% |
| Other amounts receivable | 41 | €3,711 | €155 | -€3,556 | -95.8% |
| Current investments | 50/53 | €140,000 | €150,000 | +€10,000 | +7.1% |
| Cash at bank and in hand | 54/58 | €47,731 | €65,973 | +€18,242 | +38.2% |
| Deferred charges and accrued income | 490/1 | €3,772 | €4,903 | +€1,131 | +30.0% |
| Total equity and liabilities | 10/49 | €1,371,333 | €1,385,409 | +€14,076 | +1.0% |
| Equity | 10/15 | €1,325,493 | €1,364,369 | +€38,876 | +2.9% |
| Contributions | 10/11 | €12,407 | €12,407 | = | 0.0% |
| Reserves | 13 | €1,313,086 | €1,351,961 | +€38,876 | +3.0% |
| Distributable reserves | 133 | €1,313,086 | €1,351,961 | +€38,876 | +3.0% |
| Amounts payable | 17/49 | €45,840 | €21,041 | -€24,799 | -54.1% |
| Amounts payable after more than one year | 17 | €15,012 | - | -€15,012 | |
| Financial debts | 170/4 | €15,012 | - | -€15,012 | |
| Amounts payable within one year | 42/48 | €29,000 | €20,142 | -€8,858 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €19,424 | €15,012 | -€4,412 | -22.7% |
| Trade debts | 44 | €2,250 | - | -€2,250 | |
| Suppliers | 440/4 | €2,250 | - | -€2,250 | |
| Taxes, remuneration and social security | 45 | €7,325 | €5,130 | -€2,196 | -30.0% |
| Taxes | 450/3 | €7,325 | €5,130 | -€2,196 | -30.0% |
| Accrued charges and deferred income | 492/3 | €1,828 | €899 | -€929 | -50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,057 | €24,151 | +€6,094 | +33.7% |
| Other operating charges | 640/8 | €1,283 | €3,216 | +€1,933 | +151% |
| Gross operating margin | 9900 | €81,783 | €81,250 | -€533 | -0.7% |
| Operating profit (loss) | 9901 | €62,443 | €53,883 | -€8,560 | -13.7% |
| Financial income | 75/76B | €1,389 | €6,296 | +€4,907 | +353% |
| Recurring financial income | 75 | €1,389 | €6,296 | +€4,907 | +353% |
| Financial charges | 65/66B | €697 | €1,124 | +€427 | +61.4% |
| Recurring financial charges | 65 | €697 | €1,124 | +€427 | +61.4% |
| Profit (loss) for the period before taxes | 9903 | €63,135 | €59,055 | -€4,080 | -6.5% |
| Income taxes | 67/77 | €19,378 | €20,179 | +€801 | +4.1% |
| Profit (loss) for the period | 9904 | €43,757 | €38,876 | -€4,881 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €43,757 | €38,876 | -€4,881 | -11.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.