ENTACO: 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
ENTACO
NACE 20.412, Manufacture of chemicals and chemical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €1.5m-€503,703
Equity
€8.6m
2024 · €7.5m+€1.0m
Cash
€1.3m
2024 · €5.5m-€4.1m
Balance sheet total
€23.8m
2024 · €23.3m+€490,018
Largest movements
Assets
- Cash -€4.1m
down €4.1m (-75.5%), from €5.5m to €1.3m
mainly Current investments (-€3.7m) and Stocks and contracts (-€1.1m)
- Current investments +€3.7m
up €3.7m (+912.5%), from €400,000 to €4.1m
of which Other investments: +€3.7m
- Stocks and contracts +€1.1m
up €1.1m (+52.1%), from €2.1m to €3.1m
- Tangible fixed assets -€403,480
down €403,480 (-3.2%), from €12.5m to €12.1m
of which Assets under construction and advance payments: -€12.2m
Equity and liabilities
- Profit (loss) carried forward +€616,198
up €616,198 (+12.5%), from €4.9m to €5.5m
- Reserves +€421,000
up €421,000 (+16.4%), from €2.6m to €3.0m
of which Tax-exempt reserves: +€421,000
- Debts after one year -€401,401
down €401,401 (-3.1%), from €13.0m to €12.6m
- Tax, wage and social debts -€320,293
down €320,293 (-58.1%), from €550,939 to €230,646
of which Taxes: -€252,008
Income statement
- Goods and materials +€1.2m
up €1.2m (+19.8%), from €6.2m to €7.4m
of which Purchases: +€1.8m
- Turnover +€678,354
up €678,354 (+4.7%), from €14.4m to €15.1m
- Services and other goods +€563,918
up €563,918 (+17.5%), from €3.2m to €3.8m
- Provisions +€290,562
up €290,562, from -€290,562 to €0
- Staff costs +€250,117
up €250,117 (+13.8%), from €1.8m to €2.1m
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.
Result 2024
€1.5m
Turnover
+€678,354
Other operating income
+€12,938
Goods and materials
-€1.2m
Services and other goods
-€563,918
Staff costs
-€250,117
Depreciation
-€154,593
Write-downs
-€24,765
Provisions
-€290,562
Other operating charges
-€30,936
Other operating items
+€1.2m
Financial income
-€40,197
Financial charges
+€25,881
Taxes
+€194,357
Result 2025
€1.0m
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.
From operations
+€606,312
Investment
-€4.3m
Financing
-€398,285
Cash 2024
€5.5m
From operations (derived)
+€606,312
Net result for the year
+€1.0m
Depreciation
+€1.0m
Receivables after one year
-€122,386
Stocks and contracts
-€1.1m
Receivables within one year
-€133,743
Deferred charges and accrued income
+€25,181
Trade debts
+€155,909
Tax, wage and social debts
-€320,293
Other debts
+€11,379
Accrued charges and deferred income
+€4,111
Investment (derived)
-€4.3m
Investment in fixed assets (net)
-€678,713
Current investments
-€3.7m
Financing
-€398,285
Debts after one year
-€401,401
Current portion of long-term debt
+€3,116
Cash 2025
€1.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,295,693 | €23,785,711 | +€490,018 | +2.1% |
| Fixed assets | 21/28 | €12,491,650 | €12,148,980 | -€342,670 | -2.7% |
| Tangible fixed assets | 22/27 | €12,490,466 | €12,086,986 | -€403,480 | -3.2% |
| Land and buildings | 22 | - | €11,663,930 | +€11.7m | |
| Plant, machinery and equipment | 23 | €41,623 | €114,331 | +€72,707 | +174.7% |
| Furniture and vehicles | 24 | €209,093 | €308,725 | +€99,632 | +47.6% |
| Other tangible fixed assets | 26 | €42,230 | €0 | -€42,230 | -100.0% |
| Assets under construction and advance payments | 27 | €12,197,520 | €0 | -€12.2m | -100.0% |
| Financial fixed assets | 28 | €1,184 | €61,994 | +€60,810 | +5135.0% |
| Affiliated companies | 280/1 | - | €60,810 | +€60,810 | |
| Participating interests | 280 | - | €60,810 | +€60,810 | |
| Other financial fixed assets | 284/8 | €1,184 | €1,184 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,184 | €1,184 | = | 0.0% |
| Current assets | 29/58 | €10,804,043 | €11,636,731 | +€832,688 | +7.7% |
| Amounts receivable after more than one year | 29 | €99,129 | €221,515 | +€122,386 | +123.5% |
| Other amounts receivable | 291 | €99,129 | €221,515 | +€122,386 | +123.5% |
| Stocks and contracts in progress | 3 | €2,060,166 | €3,132,593 | +€1.1m | +52.1% |
| Stocks | 30/36 | €2,060,166 | €3,132,593 | +€1.1m | +52.1% |
| Raw materials and consumables | 30/31 | €1,377,177 | €1,958,041 | +€580,864 | +42.2% |
| Finished goods | 33 | €516,742 | €1,020,630 | +€503,888 | +97.5% |
| Goods purchased for resale | 34 | €166,248 | €153,922 | -€12,326 | -7.4% |
| Amounts receivable within one year | 40/41 | €2,753,957 | €2,887,700 | +€133,743 | +4.9% |
| Trade receivables | 40 | €2,652,301 | €2,544,833 | -€107,468 | -4.1% |
| Other amounts receivable | 41 | €101,656 | €342,867 | +€241,211 | +237.3% |
| Current investments | 50/53 | €400,000 | €4,050,000 | +€3.7m | +912.5% |
| Own shares | 50 | €400,000 | €400,000 | = | 0.0% |
| Other investments | 51/53 | - | €3,650,000 | +€3.7m | |
| Cash at bank and in hand | 54/58 | €5,455,541 | €1,334,854 | -€4.1m | -75.5% |
| Deferred charges and accrued income | 490/1 | €35,250 | €10,069 | -€25,181 | -71.4% |
| Total equity and liabilities | 10/49 | €23,295,693 | €23,785,711 | +€490,018 | +2.1% |
| Equity | 10/15 | €7,534,443 | €8,571,640 | +€1.0m | +13.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,562,843 | €2,983,843 | +€421,000 | +16.4% |
| Non-distributable reserves | 130/1 | €406,150 | €406,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Own shares acquired | 1312 | €400,000 | €400,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,693 | €427,693 | +€421,000 | +6290.0% |
| Distributable reserves | 133 | €2,150,000 | €2,150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,910,099 | €5,526,297 | +€616,198 | +12.5% |
| Provisions and deferred taxes | 16 | €380,000 | €380,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €380,000 | €380,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €380,000 | €380,000 | = | 0.0% |
| Amounts payable | 17/49 | €15,381,251 | €14,834,071 | -€547,179 | -3.6% |
| Amounts payable after more than one year | 17 | €13,010,423 | €12,609,022 | -€401,401 | -3.1% |
| Financial debts | 170/4 | €13,010,423 | €12,609,022 | -€401,401 | -3.1% |
| Credit institutions | 173 | €13,010,423 | €12,609,022 | -€401,401 | -3.1% |
| Amounts payable within one year | 42/48 | €2,366,415 | €2,216,525 | -€149,889 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €716,150 | €719,265 | +€3,116 | +0.4% |
| Trade debts | 44 | €822,781 | €978,691 | +€155,909 | +18.9% |
| Suppliers | 440/4 | €822,781 | €978,691 | +€155,909 | +18.9% |
| Taxes, remuneration and social security | 45 | €550,939 | €230,646 | -€320,293 | -58.1% |
| Taxes | 450/3 | €269,752 | €17,744 | -€252,008 | -93.4% |
| Remuneration and social security | 454/9 | €281,187 | €212,902 | -€68,285 | -24.3% |
| Other amounts payable | 47/48 | €276,544 | €287,923 | +€11,379 | +4.1% |
| Accrued charges and deferred income | 492/3 | €4,413 | €8,524 | +€4,111 | +93.1% |
| Operating income | 70/76A | €14,474,241 | €15,861,177 | +€1.4m | +9.6% |
| Turnover | 70 | €14,429,437 | €15,107,791 | +€678,354 | +4.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€125,356 | €503,888 | +€629,244 | |
| Other operating income | 74 | €20,160 | €33,098 | +€12,938 | +64.2% |
| Non-recurring operating income | 76A | €150,000 | €216,399 | +€66,399 | +44.3% |
| Operating charges | 60/66A | €12,312,361 | €14,383,040 | +€2.1m | +16.8% |
| Goods for resale, raw materials and consumables | 60 | €6,195,170 | €7,421,520 | +€1.2m | +19.8% |
| Purchases | 600/8 | €6,238,960 | €7,990,059 | +€1.8m | +28.1% |
| Change in stocks: decrease (increase) | 609 | -€43,790 | -€568,539 | -€524,749 | -1198.3% |
| Services and other goods | 61 | €3,225,106 | €3,789,024 | +€563,918 | +17.5% |
| Remuneration, social security and pensions | 62 | €1,808,123 | €2,058,240 | +€250,117 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €866,790 | €1,021,383 | +€154,593 | +17.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,185 | €14,580 | +€24,765 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€290,562 | €0 | +€290,562 | |
| Other operating charges | 640/8 | €47,357 | €78,293 | +€30,936 | +65.3% |
| Non-recurring operating charges | 66A | €470,562 | €0 | -€470,562 | -100.0% |
| Operating profit (loss) | 9901 | €2,161,880 | €1,478,137 | -€683,743 | -31.6% |
| Financial income | 75/76B | €159,354 | €119,157 | -€40,197 | -25.2% |
| Recurring financial income | 75 | €159,354 | €119,157 | -€40,197 | -25.2% |
| Income from current assets | 751 | €129,902 | €101,485 | -€28,417 | -21.9% |
| Other financial income | 752/9 | €29,452 | €17,672 | -€11,780 | -40.0% |
| Financial charges | 65/66B | €214,203 | €188,322 | -€25,881 | -12.1% |
| Recurring financial charges | 65 | €214,203 | €188,322 | -€25,881 | -12.1% |
| Debt charges | 650 | €207,933 | €171,989 | -€35,944 | -17.3% |
| Other financial charges | 652/9 | €6,270 | €16,333 | +€10,063 | +160.5% |
| Profit (loss) for the period before taxes | 9903 | €2,107,031 | €1,408,972 | -€698,059 | -33.1% |
| Income taxes | 67/77 | €566,131 | €371,774 | -€194,357 | -34.3% |
| Taxes | 670/3 | €566,131 | €371,774 | -€194,357 | -34.3% |
| Profit (loss) for the period | 9904 | €1,540,900 | €1,037,198 | -€503,703 | -32.7% |
| Transfer to tax-exempt reserves | 689 | - | €421,000 | +€421,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,540,900 | €616,198 | -€924,703 | -60.0% |
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 1 October 2026 via checked.be.