ENT THIRY: 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.
ENT THIRY
Largest movements
- Receivables within one year +€15,923
up €15,923 (+14.7%), from €108,547 to €124,470
of which Trade receivables: +€16,178
- Cash -€15,891
down €15,891 (-34.6%), from €45,920 to €30,029
mainly Advances received (-€39,898) and Receivables within one year (-€15,923)
- Tangible fixed assets -€12,542
down €12,542 (-18.1%), from €69,239 to €56,697
of which Furniture and vehicles: -€11,998
- Deferred charges and accrued income +€3,057
up €3,057 (+13.5%), from €22,689 to €25,745
- Advances received -€39,898
down €39,898 (-56.0%), from €71,238 to €31,340
- Trade debts +€31,753
up €31,753 (+31.9%), from €99,608 to €131,361
- Profit (loss) carried forward +€13,711
up €13,711 (+6.2%), from -€221,956 to -€208,245
- Debts after one year -€12,744
down €12,744 (-17.5%), from €72,795 to €60,051
- Other debts +€5,176
up €5,176 (+3.5%), from €147,717 to €152,892
- Staff costs -€12,338
down €12,338 (-4.3%), from €286,561 to €274,223
- Gross operating margin -€10,147
down €10,147 (-3.1%), from €330,728 to €320,581
- Depreciation -€9,265
down €9,265 (-33.8%), from €27,425 to €18,160
- Financial charges +€4,709
up €4,709 (+158.5%), from €2,971 to €7,680
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €271,818 | €265,246 | -€6,573 | -2.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €70,609 | €59,667 | -€10,942 | -15.5% |
| Tangible fixed assets | 22/27 | €69,239 | €56,697 | -€12,542 | -18.1% |
| Plant, machinery and equipment | 23 | €15,027 | €14,484 | -€543 | -3.6% |
| Furniture and vehicles | 24 | €54,211 | €42,213 | -€11,998 | -22.1% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €1,370 | €2,970 | +€1,600 | +116.8% |
| Current assets | 29/58 | €201,209 | €205,578 | +€4,369 | +2.2% |
| Stocks and contracts in progress | 3 | €24,053 | €25,334 | +€1,281 | +5.3% |
| Stocks | 30/36 | €24,053 | €25,334 | +€1,281 | +5.3% |
| Amounts receivable within one year | 40/41 | €108,547 | €124,470 | +€15,923 | +14.7% |
| Trade receivables | 40 | €108,292 | €124,470 | +€16,178 | +14.9% |
| Other amounts receivable | 41 | €255 | €0 | -€255 | -100.0% |
| Cash at bank and in hand | 54/58 | €45,920 | €30,029 | -€15,891 | -34.6% |
| Deferred charges and accrued income | 490/1 | €22,689 | €25,745 | +€3,057 | +13.5% |
| Total equity and liabilities | 10/49 | €271,818 | €265,246 | -€6,573 | -2.4% |
| Equity | 10/15 | -€209,556 | -€195,845 | +€13,711 | +6.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€221,956 | -€208,245 | +€13,711 | +6.2% |
| Amounts payable | 17/49 | €481,374 | €461,090 | -€20,283 | -4.2% |
| Amounts payable after more than one year | 17 | €72,795 | €60,051 | -€12,744 | -17.5% |
| Other amounts payable | 178/9 | €72,795 | €60,051 | -€12,744 | -17.5% |
| Amounts payable within one year | 42/48 | €403,861 | €401,014 | -€2,847 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €16,673 | €12,744 | -€3,928 | -23.6% |
| Trade debts | 44 | €99,608 | €131,361 | +€31,753 | +31.9% |
| Suppliers | 440/4 | €99,608 | €131,361 | +€31,753 | +31.9% |
| Advances received on contracts in progress | 46 | €71,238 | €31,340 | -€39,898 | -56.0% |
| Taxes, remuneration and social security | 45 | €68,627 | €72,678 | +€4,051 | +5.9% |
| Taxes | 450/3 | €23,371 | €9,471 | -€13,901 | -59.5% |
| Remuneration and social security | 454/9 | €45,256 | €63,207 | +€17,952 | +39.7% |
| Other amounts payable | 47/48 | €147,717 | €152,892 | +€5,176 | +3.5% |
| Accrued charges and deferred income | 492/3 | €4,717 | €25 | -€4,692 | -99.5% |
| Remuneration, social security and pensions | 62 | €286,561 | €274,223 | -€12,338 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,425 | €18,160 | -€9,265 | -33.8% |
| Other operating charges | 640/8 | €2,848 | €2,744 | -€105 | -3.7% |
| Non-recurring operating charges | 66A | €1,479 | €4,119 | +€2,641 | +178.6% |
| Gross operating margin | 9900 | €330,728 | €320,581 | -€10,147 | -3.1% |
| Operating profit (loss) | 9901 | €12,414 | €21,334 | +€8,920 | +71.8% |
| Financial income | 75/76B | €39 | €57 | +€18 | +47.5% |
| Recurring financial income | 75 | €39 | €57 | +€18 | +47.5% |
| Financial charges | 65/66B | €2,971 | €7,680 | +€4,709 | +158.5% |
| Recurring financial charges | 65 | €2,971 | €7,680 | +€4,709 | +158.5% |
| Profit (loss) for the period before taxes | 9903 | €9,482 | €13,711 | +€4,229 | +44.6% |
| Profit (loss) for the period | 9904 | €9,482 | €13,711 | +€4,229 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,482 | €13,711 | +€4,229 | +44.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.