ENTERPRISE BUILDERS: 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.
ENTERPRISE BUILDERS
Largest movements
- Cash +€18,784
up €18,784 (+18.1%), from €103,854 to €122,637
mainly Net result for the year (+€170,260) and Other debts (+€33,790)
- Tangible fixed assets +€4,721
up €4,721 (+3.8%), from €125,629 to €130,350
of which Assets under construction and advance payments: +€3,868
- Receivables within one year +€3,620
up €3,620 (+7.3%), from €49,862 to €53,482
of which Trade receivables: +€3,620
- Other debts +€33,790
up €33,790 (+44.3%), from €76,290 to €110,080
- Tax, wage and social debts -€9,406
down €9,406 (-34.5%), from €27,242 to €17,836
- Reserves +€6,353
up €6,353 (+5.0%), from €127,363 to €133,716
of which Distributable reserves: +€6,353
- Debts after one year -€4,129
down €4,129 (-46.9%), from €8,804 to €4,675
- Gross operating margin +€76,675
up €76,675 (+49.2%), from €155,873 to €232,547
- Taxes +€27,360
up €27,360 (+111%), from €24,580 to €51,940
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 | €279,345 | €306,469 | +€27,125 | +9.7% |
| Fixed assets | 21/28 | €125,629 | €130,350 | +€4,721 | +3.8% |
| Tangible fixed assets | 22/27 | €125,629 | €130,350 | +€4,721 | +3.8% |
| Plant, machinery and equipment | 23 | €4,849 | €2,965 | -€1,884 | -38.9% |
| Other tangible fixed assets | 26 | €120,781 | €123,518 | +€2,737 | +2.3% |
| Assets under construction and advance payments | 27 | - | €3,868 | +€3,868 | |
| Current assets | 29/58 | €153,715 | €176,119 | +€22,404 | +14.6% |
| Amounts receivable within one year | 40/41 | €49,862 | €53,482 | +€3,620 | +7.3% |
| Trade receivables | 40 | €49,862 | €53,482 | +€3,620 | +7.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €103,854 | €122,637 | +€18,784 | +18.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €279,345 | €306,469 | +€27,125 | +9.7% |
| Equity | 10/15 | €145,963 | €152,316 | +€6,353 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,363 | €133,716 | +€6,353 | +5.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €125,503 | €131,856 | +€6,353 | +5.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €133,382 | €154,154 | +€20,772 | +15.6% |
| Amounts payable after more than one year | 17 | €8,804 | €4,675 | -€4,129 | -46.9% |
| Financial debts | 170/4 | €8,804 | €4,675 | -€4,129 | -46.9% |
| Amounts payable within one year | 42/48 | €124,578 | €149,479 | +€24,901 | +20.0% |
| Current portion of amounts payable after more than one year | 42 | €4,067 | €4,115 | +€48 | +1.2% |
| Trade debts | 44 | €16,979 | €17,448 | +€470 | +2.8% |
| Suppliers | 440/4 | €16,979 | €17,448 | +€470 | +2.8% |
| Taxes, remuneration and social security | 45 | €27,242 | €17,836 | -€9,406 | -34.5% |
| Taxes | 450/3 | €27,242 | €17,836 | -€9,406 | -34.5% |
| Other amounts payable | 47/48 | €76,290 | €110,080 | +€33,790 | +44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,238 | €9,534 | +€1,296 | +15.7% |
| Other operating charges | 640/8 | €417 | €397 | -€20 | -4.7% |
| Gross operating margin | 9900 | €155,873 | €232,547 | +€76,675 | +49.2% |
| Operating profit (loss) | 9901 | €147,218 | €222,616 | +€75,399 | +51.2% |
| Financial charges | 65/66B | €688 | €416 | -€272 | -39.5% |
| Recurring financial charges | 65 | €688 | €416 | -€272 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €146,530 | €222,200 | +€75,670 | +51.6% |
| Income taxes | 67/77 | €24,580 | €51,940 | +€27,360 | +111% |
| Profit (loss) for the period | 9904 | €121,949 | €170,260 | +€48,310 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €121,949 | €170,260 | +€48,310 | +39.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.