ENTECOM SYSTEMS: 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.
ENTECOM SYSTEMS
Largest movements
- Current investments +€125,000
up €125,000 (+43.9%), from €285,000 to €410,000
- Cash +€52,887
up €52,887 (+53.5%), from €98,825 to €151,712
mainly Net result for the year (+€96,459) and Trade debts (+€81,479)
- Stocks and contracts -€27,062
down €27,062 (-15.2%), from €178,072 to €151,010
- Tangible fixed assets +€26,005
up €26,005 (+69.6%), from €37,363 to €63,368
of which Furniture and vehicles: +€29,257
- Receivables within one year -€16,245
down €16,245 (-2.1%), from €758,653 to €742,408
of which Other amounts receivable: -€12,753
- Trade debts +€81,479
up €81,479 (+13.6%), from €598,795 to €680,274
- Other debts +€70,708
new in 2025: €70,708
- Reserves +€26,459
up €26,459 (+4.5%), from €582,270 to €608,729
of which Distributable reserves: +€26,459
- Tax, wage and social debts -€15,909
down €15,909 (-12.1%), from €131,765 to €115,856
of which Remuneration and social security: -€18,586
- Gross operating margin +€77,853
up €77,853 (+13.3%), from €585,322 to €663,175
- Staff costs +€69,565
up €69,565 (+16.0%), from €435,945 to €505,510
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 | €1,387,860 | €1,548,121 | +€160,260 | +11.5% |
| Fixed assets | 21/28 | €37,581 | €63,368 | +€25,787 | +68.6% |
| Intangible fixed assets | 21 | €218 | - | -€218 | |
| Tangible fixed assets | 22/27 | €37,363 | €63,368 | +€26,005 | +69.6% |
| Plant, machinery and equipment | 23 | €29,225 | €25,973 | -€3,252 | -11.1% |
| Furniture and vehicles | 24 | €8,138 | €37,395 | +€29,257 | +360% |
| Current assets | 29/58 | €1,350,280 | €1,484,753 | +€134,473 | +10.0% |
| Stocks and contracts in progress | 3 | €178,072 | €151,010 | -€27,062 | -15.2% |
| Stocks | 30/36 | €178,072 | €151,010 | -€27,062 | -15.2% |
| Amounts receivable within one year | 40/41 | €758,653 | €742,408 | -€16,245 | -2.1% |
| Trade receivables | 40 | €737,965 | €734,474 | -€3,491 | -0.5% |
| Other amounts receivable | 41 | €20,688 | €7,935 | -€12,753 | -61.6% |
| Current investments | 50/53 | €285,000 | €410,000 | +€125,000 | +43.9% |
| Cash at bank and in hand | 54/58 | €98,825 | €151,712 | +€52,887 | +53.5% |
| Deferred charges and accrued income | 490/1 | €29,730 | €29,623 | -€107 | -0.4% |
| Total equity and liabilities | 10/49 | €1,387,860 | €1,548,121 | +€160,260 | +11.5% |
| Equity | 10/15 | €644,270 | €670,729 | +€26,459 | +4.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Uncalled capital | 101 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €582,270 | €608,729 | +€26,459 | +4.5% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €574,770 | €601,229 | +€26,459 | +4.6% |
| Amounts payable | 17/49 | €743,591 | €877,392 | +€133,801 | +18.0% |
| Amounts payable after more than one year | 17 | €10,499 | €8,424 | -€2,075 | -19.8% |
| Financial debts | 170/4 | €10,499 | €8,424 | -€2,075 | -19.8% |
| Amounts payable within one year | 42/48 | €732,547 | €868,912 | +€136,366 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €1,987 | €2,075 | +€88 | +4.4% |
| Trade debts | 44 | €598,795 | €680,274 | +€81,479 | +13.6% |
| Suppliers | 440/4 | €598,795 | €680,274 | +€81,479 | +13.6% |
| Taxes, remuneration and social security | 45 | €131,765 | €115,856 | -€15,909 | -12.1% |
| Taxes | 450/3 | €39,472 | €42,150 | +€2,677 | +6.8% |
| Remuneration and social security | 454/9 | €92,292 | €73,706 | -€18,586 | -20.1% |
| Other amounts payable | 47/48 | - | €70,708 | +€70,708 | |
| Accrued charges and deferred income | 492/3 | €546 | €56 | -€490 | -89.7% |
| Non-recurring operating income | 76A | €22,268 | - | -€22,268 | |
| Remuneration, social security and pensions | 62 | €435,945 | €505,510 | +€69,565 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,052 | €12,561 | +€5,508 | +78.1% |
| Other operating charges | 640/8 | €2,174 | €2,743 | +€569 | +26.2% |
| Gross operating margin | 9900 | €585,322 | €663,175 | +€77,853 | +13.3% |
| Operating profit (loss) | 9901 | €140,151 | €142,362 | +€2,211 | +1.6% |
| Financial income | 75/76B | €11,370 | €6,485 | -€4,885 | -43.0% |
| Recurring financial income | 75 | €11,370 | €6,485 | -€4,885 | -43.0% |
| Financial charges | 65/66B | €9,150 | €8,360 | -€790 | -8.6% |
| Recurring financial charges | 65 | €9,150 | €8,360 | -€790 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €142,371 | €140,487 | -€1,884 | -1.3% |
| Income taxes | 67/77 | €42,035 | €44,029 | +€1,994 | +4.7% |
| Profit (loss) for the period | 9904 | €100,336 | €96,459 | -€3,877 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €100,336 | €96,459 | -€3,877 | -3.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.