ENTELECHEIA: 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.
ENTELECHEIA
Largest movements
- Receivables within one year +€25,771
up €25,771 (+279%), from €9,229 to €35,000
- Cash -€3,789
down €3,789 (-87.2%), from €4,344 to €555
mainly Receivables within one year (-€25,771) and Trade debts (-€3,435)
- Tangible fixed assets -€1,111
down €1,111 (-59.1%), from €1,878 to €768
- Other debts +€21,633
up €21,633 (+24.7%), from €87,666 to €109,299
- Trade debts -€3,435
no longer reported in 2025 (was €3,435)
- Profit (loss) carried forward +€3,120
up €3,120 (+3.2%), from -€96,158 to -€93,038
- Short-term financial debts -€364
no longer reported in 2025 (was €364)
- Gross operating margin +€60,281
up €60,281, from -€55,871 to €4,410
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 | €15,483 | €36,322 | +€20,840 | +135% |
| Fixed assets | 21/28 | €1,878 | €768 | -€1,111 | -59.1% |
| Tangible fixed assets | 22/27 | €1,878 | €768 | -€1,111 | -59.1% |
| Plant, machinery and equipment | 23 | €1,878 | €768 | -€1,111 | -59.1% |
| Current assets | 29/58 | €13,604 | €35,555 | +€21,950 | +161% |
| Amounts receivable within one year | 40/41 | €9,229 | €35,000 | +€25,771 | +279% |
| Trade receivables | 40 | €9,229 | €35,000 | +€25,771 | +279% |
| Cash at bank and in hand | 54/58 | €4,344 | €555 | -€3,789 | -87.2% |
| Deferred charges and accrued income | 490/1 | €31 | - | -€31 | |
| Total equity and liabilities | 10/49 | €15,483 | €36,322 | +€20,840 | +135% |
| Equity | 10/15 | -€76,245 | -€73,125 | +€3,120 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,313 | €1,313 | = | 0.0% |
| Distributable reserves | 133 | €1,313 | €1,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,158 | -€93,038 | +€3,120 | +3.2% |
| Amounts payable | 17/49 | €91,727 | €109,447 | +€17,720 | +19.3% |
| Amounts payable within one year | 42/48 | €91,727 | €109,447 | +€17,720 | +19.3% |
| Financial debts | 43 | €364 | - | -€364 | |
| Credit institutions | 430/8 | €364 | - | -€364 | |
| Trade debts | 44 | €3,435 | - | -€3,435 | |
| Suppliers | 440/4 | €3,435 | - | -€3,435 | |
| Taxes, remuneration and social security | 45 | €262 | €148 | -€114 | -43.6% |
| Taxes | 450/3 | €262 | €148 | -€114 | -43.6% |
| Other amounts payable | 47/48 | €87,666 | €109,299 | +€21,633 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,111 | €1,111 | = | 0.0% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€55,871 | €4,410 | +€60,281 | |
| Operating profit (loss) | 9901 | -€57,369 | €3,300 | +€60,668 | |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €255 | €202 | -€54 | -21.0% |
| Recurring financial charges | 65 | €255 | €202 | -€54 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | -€57,624 | €3,120 | +€60,744 | |
| Profit (loss) for the period | 9904 | -€57,624 | €3,120 | +€60,744 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57,624 | €3,120 | +€60,744 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.