ENSEMBLE: 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.
ENSEMBLE
Largest movements
- Cash -€118,324
down €118,324 (-88.5%), from €133,740 to €15,416
mainly Receivables within one year (-€112,524) and Contributions, distributions and other (-€60,000)
- Receivables within one year +€112,524
up €112,524 (+8,716%), from €1,291 to €113,815
of which Other amounts receivable: +€110,723
- Tangible fixed assets +€7,784
up €7,784 (+4.3%), from €180,939 to €188,722
of which Furniture and vehicles: +€32,509
- Profit (loss) carried forward -€58,966
down €58,966 (-68.9%), from €85,556 to €26,590
- Other debts +€42,009
up €42,009 (+234%), from €17,991 to €60,000
- Debts after one year +€10,878
up €10,878 (+8.2%), from €133,068 to €143,946
- Current portion of long-term debt +€8,676
up €8,676 (+43.0%), from €20,176 to €28,852
- Tax, wage and social debts +€7,653
up €7,653 (+970%), from €789 to €8,442
- Turnover -€44,087
down €44,087 (-9.8%), from €447,960 to €403,873
- Gross operating margin -€34,162
down €34,162 (-35.5%), from €96,174 to €62,012
- Taxes -€12,597
down €12,597 (-90.3%), from €13,957 to €1,360
- Depreciation +€12,536
up €12,536 (+36.3%), from €34,549 to €47,085
- Purchases and services -€9,925
down €9,925 (-2.8%), from €351,785 to €341,860
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 | €326,107 | €326,481 | +€373 | +0.1% |
| Fixed assets | 21/28 | €181,206 | €188,989 | +€7,784 | +4.3% |
| Tangible fixed assets | 22/27 | €180,939 | €188,722 | +€7,784 | +4.3% |
| Plant, machinery and equipment | 23 | €93,086 | €66,505 | -€26,580 | -28.6% |
| Furniture and vehicles | 24 | €53,659 | €86,168 | +€32,509 | +60.6% |
| Other tangible fixed assets | 26 | €34,194 | €36,049 | +€1,855 | +5.4% |
| Financial fixed assets | 28 | €267 | €267 | = | 0.0% |
| Current assets | 29/58 | €144,902 | €137,492 | -€7,410 | -5.1% |
| Stocks and contracts in progress | 3 | €9,656 | €8,037 | -€1,619 | -16.8% |
| Stocks | 30/36 | €9,656 | €8,037 | -€1,619 | -16.8% |
| Amounts receivable within one year | 40/41 | €1,291 | €113,815 | +€112,524 | +8,716% |
| Trade receivables | 40 | €248 | €2,049 | +€1,801 | +726% |
| Other amounts receivable | 41 | €1,043 | €111,766 | +€110,723 | +10,615% |
| Cash at bank and in hand | 54/58 | €133,740 | €15,416 | -€118,324 | -88.5% |
| Deferred charges and accrued income | 490/1 | €215 | €223 | +€9 | +4.0% |
| Total equity and liabilities | 10/49 | €326,107 | €326,481 | +€373 | +0.1% |
| Equity | 10/15 | €115,556 | €56,590 | -€58,966 | -51.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,556 | €26,590 | -€58,966 | -68.9% |
| Amounts payable | 17/49 | €210,551 | €269,891 | +€59,340 | +28.2% |
| Amounts payable after more than one year | 17 | €133,068 | €143,946 | +€10,878 | +8.2% |
| Financial debts | 170/4 | €133,068 | €143,946 | +€10,878 | +8.2% |
| Amounts payable within one year | 42/48 | €46,769 | €102,682 | +€55,913 | +120% |
| Current portion of amounts payable after more than one year | 42 | €20,176 | €28,852 | +€8,676 | +43.0% |
| Trade debts | 44 | €7,813 | €5,389 | -€2,425 | -31.0% |
| Suppliers | 440/4 | €7,813 | €5,389 | -€2,425 | -31.0% |
| Taxes, remuneration and social security | 45 | €789 | €8,442 | +€7,653 | +970% |
| Taxes | 450/3 | €789 | €8,442 | +€7,653 | +970% |
| Other amounts payable | 47/48 | €17,991 | €60,000 | +€42,009 | +234% |
| Accrued charges and deferred income | 492/3 | €30,714 | €23,262 | -€7,452 | -24.3% |
| Turnover | 70 | €447,960 | €403,873 | -€44,087 | -9.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €351,785 | €341,860 | -€9,925 | -2.8% |
| Remuneration, social security and pensions | 62 | €3,159 | €3,357 | +€199 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,549 | €47,085 | +€12,536 | +36.3% |
| Other operating charges | 640/8 | €819 | €817 | -€2 | -0.2% |
| Gross operating margin | 9900 | €96,174 | €62,012 | -€34,162 | -35.5% |
| Operating profit (loss) | 9901 | €57,648 | €10,752 | -€46,895 | -81.3% |
| Financial income | 75/76B | €3,519 | €2,635 | -€883 | -25.1% |
| Recurring financial income | 75 | €3,519 | €2,635 | -€883 | -25.1% |
| Financial charges | 65/66B | €8,788 | €10,995 | +€2,207 | +25.1% |
| Recurring financial charges | 65 | €8,788 | €10,995 | +€2,207 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | €52,379 | €2,393 | -€49,986 | -95.4% |
| Income taxes | 67/77 | €13,957 | €1,360 | -€12,597 | -90.3% |
| Profit (loss) for the period | 9904 | €38,422 | €1,034 | -€37,388 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,422 | €1,034 | -€37,388 | -97.3% |
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 28 October 2026 via checked.be.