Ensagent: 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.
What changed
Ensagent
NACE 20.140, Manufacture of chemicals and chemical products
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€496,169
2023 · €496,990-€821
Equity
€3.8m
2023 · €3.4m+€496,169
Cash
€1.3m
2023 · €768,845+€507,029
Balance sheet total
€4.7m
2023 · €4.5m+€222,751
Largest movements
Assets
- Cash +€507,029
up €507,029 (+65.9%), from €768,845 to €1.3m
mainly Net result for the year (+€496,169) and Depreciation (+€425,901)
- Receivables within one year -€132,517
down €132,517 (-13.8%), from €958,176 to €825,659
of which Trade receivables: -€156,479
- Tangible fixed assets -€119,366
down €119,366 (-5.1%), from €2.4m to €2.2m
of which Plant, machinery and equipment: -€216,325
- Receivables after one year -€48,696
down €48,696 (-14.3%), from €340,873 to €292,177
Equity and liabilities
- Profit (loss) carried forward +€496,169
up €496,169 (+20.1%), from €2.5m to €3.0m
- Debts after one year -€214,285
down €214,285 (-40.0%), from €535,714 to €321,429
- Trade debts -€92,109
down €92,109 (-32.6%), from €282,117 to €190,008
Income statement
- Turnover -€2.6m
no longer reported in 2024 (was €2.6m)
- Gross operating margin +€1.8m
new in 2024: €1.8m
- Services and other goods -€1.4m
no longer reported in 2024 (was €1.4m)
- Other operating income -€299,805
no longer reported in 2024 (was €299,805)
- Depreciation +€90,365
up €90,365 (+26.9%), from €335,536 to €425,901
From the 2023 result to the 2024 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.
Result 2023
€496,990
Turnover
-€2.6m
Other operating income
-€299,805
Goods and materials
+€456
Services and other goods
+€1.4m
Staff costs
-€31,766
Depreciation
-€90,365
Other operating charges
-€20,941
Other operating items
+€1.8m
Financial income
-€76,892
Financial charges
+€68,418
Taxes
-€64,741
Result 2024
€496,169
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.0m
Investment
-€296,226
Financing
-€214,286
Cash 2023
€768,845
From operations (derived)
+€1.0m
Net result for the year
+€496,169
Depreciation
+€425,901
Receivables after one year
+€48,696
Receivables within one year
+€132,517
Deferred charges and accrued income
-€26,610
Trade debts
-€92,109
Tax, wage and social debts
+€34,928
Accrued charges and deferred income
-€1,951
Investment (derived)
-€296,226
Investment in fixed assets (net)
-€296,226
Financing
-€214,286
Debts after one year
-€214,285
Current portion of long-term debt
-€0
Cash 2024
€1.3m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,493,124 | €4,715,875 | +€222,751 | +5.0% |
| Fixed assets | 21/28 | €2,402,943 | €2,273,268 | -€129,675 | -5.4% |
| Intangible fixed assets | 21 | €43,656 | €33,347 | -€10,308 | -23.6% |
| Tangible fixed assets | 22/27 | €2,359,287 | €2,239,920 | -€119,366 | -5.1% |
| Land and buildings | 22 | €498,135 | €421,925 | -€76,210 | -15.3% |
| Plant, machinery and equipment | 23 | €1,787,497 | €1,571,172 | -€216,325 | -12.1% |
| Furniture and vehicles | 24 | €73,654 | €246,823 | +€173,169 | +235.1% |
| Current assets | 29/58 | €2,090,182 | €2,442,607 | +€352,426 | +16.9% |
| Amounts receivable after more than one year | 29 | €340,873 | €292,177 | -€48,696 | -14.3% |
| Other amounts receivable | 291 | €340,873 | €292,177 | -€48,696 | -14.3% |
| Amounts receivable within one year | 40/41 | €958,176 | €825,659 | -€132,517 | -13.8% |
| Trade receivables | 40 | €856,521 | €700,041 | -€156,479 | -18.3% |
| Other amounts receivable | 41 | €101,656 | €125,618 | +€23,962 | +23.6% |
| Cash at bank and in hand | 54/58 | €768,845 | €1,275,874 | +€507,029 | +65.9% |
| Deferred charges and accrued income | 490/1 | €22,288 | €48,898 | +€26,610 | +119.4% |
| Total equity and liabilities | 10/49 | €4,493,124 | €4,715,875 | +€222,751 | +5.0% |
| Equity | 10/15 | €3,353,096 | €3,849,265 | +€496,169 | +14.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €632,246 | €632,246 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €607,246 | €607,246 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,470,850 | €2,967,019 | +€496,169 | +20.1% |
| Amounts payable | 17/49 | €1,140,028 | €866,610 | -€273,418 | -24.0% |
| Amounts payable after more than one year | 17 | €535,714 | €321,429 | -€214,285 | -40.0% |
| Financial debts | 170/4 | €535,714 | €321,429 | -€214,285 | -40.0% |
| Credit institutions | 173 | €535,714 | - | -€535,714 | |
| Amounts payable within one year | 42/48 | €602,362 | €545,181 | -€57,182 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €214,286 | €214,285 | -€0 | 0.0% |
| Trade debts | 44 | €282,117 | €190,008 | -€92,109 | -32.6% |
| Suppliers | 440/4 | €282,117 | €190,008 | -€92,109 | -32.6% |
| Taxes, remuneration and social security | 45 | €105,959 | €140,887 | +€34,928 | +33.0% |
| Taxes | 450/3 | €36,609 | €47,118 | +€10,509 | +28.7% |
| Remuneration and social security | 454/9 | €69,350 | €93,770 | +€24,419 | +35.2% |
| Accrued charges and deferred income | 492/3 | €1,951 | - | -€1,951 | |
| Operating income | 70/76A | €2,919,738 | - | -€2.9m | |
| Turnover | 70 | €2,617,267 | - | -€2.6m | |
| Other operating income | 74 | €299,805 | - | -€299,805 | |
| Non-recurring operating income | 76A | €2,666 | €2,668 | +€2 | +0.1% |
| Operating charges | 60/66A | €2,339,496 | - | -€2.3m | |
| Goods for resale, raw materials and consumables | 60 | €456 | - | -€456 | |
| Purchases | 600/8 | €456 | - | -€456 | |
| Services and other goods | 61 | €1,350,560 | - | -€1.4m | |
| Remuneration, social security and pensions | 62 | €638,750 | €670,516 | +€31,766 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €335,536 | €425,901 | +€90,365 | +26.9% |
| Other operating charges | 640/8 | €14,193 | €35,134 | +€20,941 | +147.5% |
| Gross operating margin | 9900 | - | €1,784,187 | +€1.8m | |
| Operating profit (loss) | 9901 | €580,243 | €652,636 | +€72,394 | +12.5% |
| Financial income | 75/76B | €114,825 | €37,934 | -€76,892 | -67.0% |
| Recurring financial income | 75 | €1,085 | €37,934 | +€36,848 | +3395.9% |
| Income from current assets | 751 | €1,075 | - | -€1,075 | |
| Other financial income | 752/9 | €10 | - | -€10 | |
| Non-recurring financial income | 76B | €113,740 | - | -€113,740 | |
| Financial charges | 65/66B | €77,098 | €8,680 | -€68,418 | -88.7% |
| Recurring financial charges | 65 | €54,506 | €8,680 | -€45,826 | -84.1% |
| Debt charges | 650 | €52,383 | - | -€52,383 | |
| Other financial charges | 652/9 | €2,123 | - | -€2,123 | |
| Non-recurring financial charges | 66B | €22,592 | - | -€22,592 | |
| Profit (loss) for the period before taxes | 9903 | €617,969 | €681,890 | +€63,920 | +10.3% |
| Income taxes | 67/77 | €120,980 | €185,721 | +€64,741 | +53.5% |
| Taxes | 670/3 | €121,541 | - | -€121,541 | |
| Tax adjustments and reversals of tax provisions | 77 | €562 | - | -€562 | |
| Profit (loss) for the period | 9904 | €496,990 | €496,169 | -€821 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €496,990 | €496,169 | -€821 | -0.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.