ENSOFY: 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.
ENSOFY
Largest movements
- Cash +€53,012
up €53,012 (+162.7%), from €32,578 to €85,590
mainly Net result for the year (+€74,092) and Depreciation (+€7,561)
- Tangible fixed assets -€7,561
down €7,561 (-26.2%), from €28,805 to €21,244
- Profit (loss) carried forward +€62,592
up €62,592 (+544.3%), from €11,500 to €74,092
- Tax, wage and social debts -€6,259
down €6,259 (-70.4%), from €8,889 to €2,630
of which Taxes: -€4,759
- Debts after one year -€5,399
down €5,399 (-25.2%), from €21,459 to €16,060
- Other debts -€4,705
no longer reported in 2025 (was €4,705)
- Gross operating margin +€71,850
up €71,850 (+231.0%), from €31,110 to €102,959
- Taxes +€13,011
up €13,011 (+188.9%), from €6,889 to €19,900
- Depreciation +€5,536
up €5,536 (+273.5%), from €2,025 to €7,561
- Other operating charges -€1,064
down €1,064 (-83.2%), from €1,278 to €214
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 | €66,432 | €111,958 | +€45,526 | +68.5% |
| Fixed assets | 21/28 | €28,805 | €21,244 | -€7,561 | -26.2% |
| Tangible fixed assets | 22/27 | €28,805 | €21,244 | -€7,561 | -26.2% |
| Furniture and vehicles | 24 | €28,805 | €21,244 | -€7,561 | -26.2% |
| Current assets | 29/58 | €37,627 | €90,714 | +€53,087 | +141.1% |
| Amounts receivable within one year | 40/41 | €4,898 | €5,000 | +€102 | +2.1% |
| Trade receivables | 40 | €1,618 | - | -€1,618 | |
| Other amounts receivable | 41 | €3,280 | €5,000 | +€1,720 | +52.5% |
| Cash at bank and in hand | 54/58 | €32,578 | €85,590 | +€53,012 | +162.7% |
| Deferred charges and accrued income | 490/1 | €152 | €124 | -€28 | -18.4% |
| Total equity and liabilities | 10/49 | €66,432 | €111,958 | +€45,526 | +68.5% |
| Equity | 10/15 | €23,382 | €85,974 | +€62,592 | +267.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,882 | €8,882 | = | 0.0% |
| Distributable reserves | 133 | €8,882 | €8,882 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,500 | €74,092 | +€62,592 | +544.3% |
| Amounts payable | 17/49 | €43,050 | €25,984 | -€17,066 | -39.6% |
| Amounts payable after more than one year | 17 | €21,459 | €16,060 | -€5,399 | -25.2% |
| Financial debts | 170/4 | €21,459 | €16,060 | -€5,399 | -25.2% |
| Amounts payable within one year | 42/48 | €20,136 | €8,531 | -€11,605 | -57.6% |
| Current portion of amounts payable after more than one year | 42 | €5,179 | €5,399 | +€220 | +4.2% |
| Trade debts | 44 | €1,363 | €502 | -€861 | -63.2% |
| Suppliers | 440/4 | €1,363 | €502 | -€861 | -63.2% |
| Taxes, remuneration and social security | 45 | €8,889 | €2,630 | -€6,259 | -70.4% |
| Taxes | 450/3 | €7,389 | €2,630 | -€4,759 | -64.4% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €4,705 | - | -€4,705 | |
| Accrued charges and deferred income | 492/3 | €1,455 | €1,393 | -€62 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,025 | €7,561 | +€5,536 | +273.5% |
| Other operating charges | 640/8 | €1,278 | €214 | -€1,064 | -83.2% |
| Gross operating margin | 9900 | €31,110 | €102,959 | +€71,850 | +231.0% |
| Operating profit (loss) | 9901 | €27,807 | €95,184 | +€67,378 | +242.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €536 | €1,192 | +€656 | +122.5% |
| Recurring financial charges | 65 | €536 | €1,192 | +€656 | +122.5% |
| Profit (loss) for the period before taxes | 9903 | €27,271 | €93,992 | +€66,721 | +244.7% |
| Income taxes | 67/77 | €6,889 | €19,900 | +€13,011 | +188.9% |
| Profit (loss) for the period | 9904 | €20,382 | €74,092 | +€53,709 | +263.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,382 | €74,092 | +€53,709 | +263.5% |
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 6 October 2026 via checked.be.