Enterprise Content Management Experts: 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 Content Management Experts
Largest movements
- Tangible fixed assets -€8,304
down €8,304 (-16.7%), from €49,582 to €41,278
of which Furniture and vehicles: -€11,821
- Cash +€2,287
up €2,287 (+305%), from €750 to €3,037
mainly Net result for the year (+€42,848) and Depreciation (+€17,448)
- Reserves +€32,848
up €32,848 (+28.2%), from €116,598 to €149,446
- Tax, wage and social debts -€23,568
down €23,568 (-52.8%), from €44,674 to €21,105
- Trade debts -€7,839
down €7,839 (-92.2%), from €8,499 to €660
- Debts after one year -€5,574
down €5,574 (-10.1%), from €55,000 to €49,426
- Gross operating margin +€7,422
up €7,422 (+11.9%), from €62,399 to €69,821
- Taxes +€2,542
up €2,542 (+30.0%), from €8,476 to €11,017
- Depreciation +€2,026
up €2,026 (+13.1%), from €15,422 to €17,448
- Financial income +€766
up €766 (+29.0%), from €2,643 to €3,409
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 | €226,980 | €221,792 | -€5,189 | -2.3% |
| Fixed assets | 21/28 | €127,582 | €119,278 | -€8,304 | -6.5% |
| Tangible fixed assets | 22/27 | €49,582 | €41,278 | -€8,304 | -16.7% |
| Plant, machinery and equipment | 23 | €10,705 | €14,222 | +€3,517 | +32.9% |
| Furniture and vehicles | 24 | €38,877 | €27,056 | -€11,821 | -30.4% |
| Financial fixed assets | 28 | €78,000 | €78,000 | = | 0.0% |
| Current assets | 29/58 | €99,398 | €102,514 | +€3,115 | +3.1% |
| Amounts receivable within one year | 40/41 | €95,438 | €94,526 | -€911 | -1.0% |
| Trade receivables | 40 | €29,342 | €31,288 | +€1,947 | +6.6% |
| Other amounts receivable | 41 | €66,096 | €63,238 | -€2,858 | -4.3% |
| Cash at bank and in hand | 54/58 | €750 | €3,037 | +€2,287 | +305% |
| Deferred charges and accrued income | 490/1 | €3,210 | €4,950 | +€1,740 | +54.2% |
| Total equity and liabilities | 10/49 | €226,980 | €221,792 | -€5,189 | -2.3% |
| Equity | 10/15 | €116,599 | €149,447 | +€32,848 | +28.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €116,598 | €149,446 | +€32,848 | +28.2% |
| Distributable reserves | 133 | €116,598 | €149,446 | +€32,848 | +28.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €110,381 | €72,345 | -€38,037 | -34.5% |
| Amounts payable after more than one year | 17 | €55,000 | €49,426 | -€5,574 | -10.1% |
| Financial debts | 170/4 | €55,000 | €49,426 | -€5,574 | -10.1% |
| Amounts payable within one year | 42/48 | €55,381 | €22,918 | -€32,463 | -58.6% |
| Trade debts | 44 | €8,499 | €660 | -€7,839 | -92.2% |
| Suppliers | 440/4 | €8,499 | €660 | -€7,839 | -92.2% |
| Taxes, remuneration and social security | 45 | €44,674 | €21,105 | -€23,568 | -52.8% |
| Taxes | 450/3 | €44,674 | €21,105 | -€23,568 | -52.8% |
| Other amounts payable | 47/48 | €2,208 | €1,153 | -€1,055 | -47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,422 | €17,448 | +€2,026 | +13.1% |
| Other operating charges | 640/8 | €265 | €635 | +€370 | +140% |
| Non-recurring operating charges | 66A | - | €1,144 | +€1,144 | |
| Gross operating margin | 9900 | €62,399 | €69,821 | +€7,422 | +11.9% |
| Operating profit (loss) | 9901 | €46,712 | €50,593 | +€3,881 | +8.3% |
| Financial income | 75/76B | €2,643 | €3,409 | +€766 | +29.0% |
| Recurring financial income | 75 | €2,643 | €3,409 | +€766 | +29.0% |
| Financial charges | 65/66B | €105 | €137 | +€32 | +30.6% |
| Recurring financial charges | 65 | €105 | €137 | +€32 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | €49,250 | €53,865 | +€4,616 | +9.4% |
| Income taxes | 67/77 | €8,476 | €11,017 | +€2,542 | +30.0% |
| Profit (loss) for the period | 9904 | €40,774 | €42,848 | +€2,074 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,774 | €42,848 | +€2,074 | +5.1% |
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 30 October 2026 via checked.be.