ENSEMBLE.BIO: 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.
ENSEMBLE.BIO
Largest movements
- Receivables after one year +€72,000
new in 2025: €72,000
- Cash -€44,039
down €44,039 (-70.7%), from €62,320 to €18,280
mainly Receivables after one year (-€72,000) and Receivables within one year (-€16,887)
- Receivables within one year +€16,887
up €16,887 (+24.4%), from €69,161 to €86,048
of which Trade receivables: +€16,887
- Deferred charges and accrued income -€4,104
down €4,104 (-73.9%), from €5,550 to €1,446
- Debts after one year +€32,398
up €32,398 (+75.6%), from €42,857 to €75,255
- Profit (loss) carried forward +€15,979
up €15,979 (+41.9%), from €38,168 to €54,147
- Contributions -€10,000
down €10,000 (-57.1%), from €17,500 to €7,500
- Current portion of long-term debt +€8,159
up €8,159 (+114.2%), from €7,143 to €15,302
- Tax, wage and social debts -€5,304
down €5,304 (-17.3%), from €30,721 to €25,417
of which Taxes: -€6,888
- Staff costs +€19,804
up €19,804 (+19.1%), from €103,745 to €123,550
- Gross operating margin +€16,566
up €16,566 (+12.5%), from €132,581 to €149,147
- Taxes -€1,513
down €1,513 (-22.8%), from €6,647 to €5,134
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 | €137,623 | €178,043 | +€40,420 | +29.4% |
| Fixed assets | 21/28 | €592 | €268 | -€323 | -54.6% |
| Tangible fixed assets | 22/27 | €592 | €268 | -€323 | -54.6% |
| Plant, machinery and equipment | 23 | €592 | €268 | -€323 | -54.6% |
| Current assets | 29/58 | €137,031 | €177,774 | +€40,744 | +29.7% |
| Amounts receivable after more than one year | 29 | - | €72,000 | +€72,000 | |
| Other amounts receivable | 291 | - | €72,000 | +€72,000 | |
| Amounts receivable within one year | 40/41 | €69,161 | €86,048 | +€16,887 | +24.4% |
| Trade receivables | 40 | €56,311 | €73,198 | +€16,887 | +30.0% |
| Other amounts receivable | 41 | €12,850 | €12,850 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €62,320 | €18,280 | -€44,039 | -70.7% |
| Deferred charges and accrued income | 490/1 | €5,550 | €1,446 | -€4,104 | -73.9% |
| Total equity and liabilities | 10/49 | €137,623 | €178,043 | +€40,420 | +29.4% |
| Equity | 10/15 | €55,668 | €61,647 | +€5,979 | +10.7% |
| Contributions | 10/11 | €17,500 | €7,500 | -€10,000 | -57.1% |
| Profit (loss) carried forward | 14 | €38,168 | €54,147 | +€15,979 | +41.9% |
| Amounts payable | 17/49 | €81,954 | €116,396 | +€34,441 | +42.0% |
| Amounts payable after more than one year | 17 | €42,857 | €75,255 | +€32,398 | +75.6% |
| Financial debts | 170/4 | €42,857 | €75,255 | +€32,398 | +75.6% |
| Amounts payable within one year | 42/48 | €38,765 | €40,844 | +€2,079 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €7,143 | €15,302 | +€8,159 | +114.2% |
| Trade debts | 44 | €901 | €125 | -€776 | -86.1% |
| Suppliers | 440/4 | €901 | €125 | -€776 | -86.1% |
| Taxes, remuneration and social security | 45 | €30,721 | €25,417 | -€5,304 | -17.3% |
| Taxes | 450/3 | €19,505 | €12,617 | -€6,888 | -35.3% |
| Remuneration and social security | 454/9 | €11,216 | €12,799 | +€1,584 | +14.1% |
| Accrued charges and deferred income | 492/3 | €333 | €297 | -€36 | -10.7% |
| Remuneration, social security and pensions | 62 | €103,745 | €123,550 | +€19,804 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €323 | €323 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €132,581 | €149,147 | +€16,566 | +12.5% |
| Operating profit (loss) | 9901 | €28,125 | €24,874 | -€3,251 | -11.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €3,052 | €3,761 | +€710 | +23.3% |
| Recurring financial charges | 65 | €3,052 | €3,761 | +€710 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €25,073 | €21,113 | -€3,961 | -15.8% |
| Income taxes | 67/77 | €6,647 | €5,134 | -€1,513 | -22.8% |
| Profit (loss) for the period | 9904 | €18,427 | €15,979 | -€2,448 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,427 | €15,979 | -€2,448 | -13.3% |
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 29 September 2026 via checked.be.