ENROCH: 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.
ENROCH
Largest movements
- Receivables within one year +€634,929
up €634,929 (+46.0%), from €1.4m to €2.0m
of which Trade receivables: +€566,049
- Cash +€212,893
up €212,893 (+138%), from €154,756 to €367,649
mainly Trade debts (+€582,256) and Net result for the year (+€285,943)
- Tangible fixed assets +€138,319
up €138,319 (+38.7%), from €357,522 to €495,841
- Financial fixed assets +€37,905
up €37,905 (+2,808%), from €1,350 to €39,255
- Receivables after one year -€34,000
no longer reported in 2025 (was €34,000)
- Trade debts +€582,256
up €582,256 (+64.5%), from €902,173 to €1.5m
- Reserves +€230,193
up €230,193 (+45.4%), from €506,899 to €737,092
of which Tax-exempt reserves: +€124,438
- Current portion of long-term debt +€103,167
up €103,167 (+139%), from €74,409 to €177,576
- Debts after one year +€51,982
up €51,982 (+20.9%), from €248,745 to €300,727
- Other debts +€36,631
new in 2025: €36,631
- Gross operating margin +€325,482
up €325,482 (+91.8%), from €354,736 to €680,218
- Taxes +€71,410
up €71,410 (+191%), from €37,483 to €108,893
- Staff costs +€42,040
up €42,040 (+44.7%), from €94,074 to €136,114
- Depreciation +€19,238
up €19,238 (+18.7%), from €102,657 to €121,895
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 | €1,950,666 | €2,944,395 | +€993,729 | +50.9% |
| Fixed assets | 21/28 | €358,872 | €535,096 | +€176,224 | +49.1% |
| Tangible fixed assets | 22/27 | €357,522 | €495,841 | +€138,319 | +38.7% |
| Plant, machinery and equipment | 23 | €6,753 | €36,773 | +€30,020 | +445% |
| Furniture and vehicles | 24 | €17,663 | €70,181 | +€52,518 | +297% |
| Leasing and similar rights | 25 | €333,106 | €388,888 | +€55,782 | +16.7% |
| Financial fixed assets | 28 | €1,350 | €39,255 | +€37,905 | +2,808% |
| Current assets | 29/58 | €1,591,794 | €2,409,299 | +€817,505 | +51.4% |
| Amounts receivable after more than one year | 29 | €34,000 | - | -€34,000 | |
| Other amounts receivable | 291 | €34,000 | - | -€34,000 | |
| Amounts receivable within one year | 40/41 | €1,380,321 | €2,015,250 | +€634,929 | +46.0% |
| Trade receivables | 40 | €1,377,168 | €1,943,217 | +€566,049 | +41.1% |
| Other amounts receivable | 41 | €3,154 | €72,033 | +€68,879 | +2,184% |
| Cash at bank and in hand | 54/58 | €154,756 | €367,649 | +€212,893 | +138% |
| Deferred charges and accrued income | 490/1 | €22,716 | €26,400 | +€3,684 | +16.2% |
| Total equity and liabilities | 10/49 | €1,950,666 | €2,944,395 | +€993,729 | +50.9% |
| Equity | 10/15 | €671,574 | €901,767 | +€230,193 | +34.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €506,899 | €737,092 | +€230,193 | +45.4% |
| Tax-exempt reserves | 132 | €12,000 | €136,438 | +€124,438 | +1,037% |
| Distributable reserves | 133 | €494,899 | €600,655 | +€105,756 | +21.4% |
| Profit (loss) carried forward | 14 | €156,615 | €156,615 | = | 0.0% |
| Amounts payable | 17/49 | €1,279,092 | €2,042,628 | +€763,536 | +59.7% |
| Amounts payable after more than one year | 17 | €248,745 | €300,727 | +€51,982 | +20.9% |
| Financial debts | 170/4 | €248,745 | €300,727 | +€51,982 | +20.9% |
| Amounts payable within one year | 42/48 | €1,030,317 | €1,741,843 | +€711,525 | +69.1% |
| Current portion of amounts payable after more than one year | 42 | €74,409 | €177,576 | +€103,167 | +139% |
| Trade debts | 44 | €902,173 | €1,484,429 | +€582,256 | +64.5% |
| Suppliers | 440/4 | €902,173 | €1,484,429 | +€582,256 | +64.5% |
| Taxes, remuneration and social security | 45 | €53,736 | €43,207 | -€10,528 | -19.6% |
| Taxes | 450/3 | €36,015 | €22,073 | -€13,942 | -38.7% |
| Remuneration and social security | 454/9 | €17,721 | €21,134 | +€3,414 | +19.3% |
| Other amounts payable | 47/48 | - | €36,631 | +€36,631 | |
| Accrued charges and deferred income | 492/3 | €29 | €58 | +€29 | +100% |
| Remuneration, social security and pensions | 62 | €94,074 | €136,114 | +€42,040 | +44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,657 | €121,895 | +€19,238 | +18.7% |
| Other operating charges | 640/8 | €6,960 | €4,295 | -€2,665 | -38.3% |
| Non-recurring operating charges | 66A | €1,936 | €791 | -€1,145 | -59.2% |
| Gross operating margin | 9900 | €354,736 | €680,218 | +€325,482 | +91.8% |
| Operating profit (loss) | 9901 | €149,109 | €417,123 | +€268,015 | +180% |
| Financial income | 75/76B | €3,605 | €1,240 | -€2,364 | -65.6% |
| Recurring financial income | 75 | €3,605 | €1,240 | -€2,364 | -65.6% |
| Financial charges | 65/66B | €20,562 | €23,527 | +€2,965 | +14.4% |
| Recurring financial charges | 65 | €20,562 | €23,527 | +€2,965 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €132,151 | €394,836 | +€262,686 | +199% |
| Income taxes | 67/77 | €37,483 | €108,893 | +€71,410 | +191% |
| Profit (loss) for the period | 9904 | €94,668 | €285,943 | +€191,276 | +202% |
| Transfer to tax-exempt reserves | 689 | - | €124,438 | +€124,438 | |
| Profit (loss) for the period to be appropriated | 9905 | €94,668 | €161,506 | +€66,838 | +70.6% |
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 14 October 2026 via checked.be.