Enterprise Spoc: 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 Spoc
Largest movements
- Intangible fixed assets +€512,149
up €512,149 (+33.8%), from €1.5m to €2.0m
- Receivables within one year -€316,107
down €316,107 (-85.6%), from €369,094 to €52,987
of which Trade receivables: -€362,640
- Deferred charges and accrued income +€240,240
new in 2024: €240,240
- Cash -€190,648
down €190,648 (-21.4%), from €890,915 to €700,267
mainly Investment in fixed assets (net) (-€947,739) and Current portion of long-term debt (-€400,000)
- Profit (loss) carried forward +€413,931
up €413,931 (+40.4%), from €1.0m to €1.4m
- Current portion of long-term debt -€400,000
no longer reported in 2024 (was €400,000)
- Provisions +€360,000
new in 2024: €360,000
- Debts after one year -€350,000
down €350,000 (-51.9%), from €675,000 to €325,000
- Accrued charges and deferred income +€156,415
up €156,415 (+191%), from €81,896 to €238,311
- Gross operating margin +€153,738
up €153,738 (+14.4%), from €1.1m to €1.2m
- Purchases and services -€87,045
down €87,045 (-22.4%), from €389,233 to €302,188
- Turnover +€66,693
up €66,693 (+4.6%), from €1.5m to €1.5m
- Depreciation +€45,752
up €45,752 (+11.7%), from €390,818 to €436,570
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,776,738 | €3,021,392 | +€244,654 | +8.8% |
| Formation expenses | 20 | €980 | - | -€980 | |
| Fixed assets | 21/28 | €1,515,749 | €2,027,898 | +€512,149 | +33.8% |
| Intangible fixed assets | 21 | €1,515,749 | €2,027,898 | +€512,149 | +33.8% |
| Current assets | 29/58 | €1,260,009 | €993,494 | -€266,515 | -21.2% |
| Amounts receivable within one year | 40/41 | €369,094 | €52,987 | -€316,107 | -85.6% |
| Trade receivables | 40 | €362,640 | - | -€362,640 | |
| Other amounts receivable | 41 | €6,454 | €52,987 | +€46,533 | +721% |
| Cash at bank and in hand | 54/58 | €890,915 | €700,267 | -€190,648 | -21.4% |
| Deferred charges and accrued income | 490/1 | - | €240,240 | +€240,240 | |
| Total equity and liabilities | 10/49 | €2,776,738 | €3,021,392 | +€244,654 | +8.8% |
| Equity | 10/15 | €1,325,504 | €1,739,435 | +€413,931 | +31.2% |
| Reserves | 13 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,025,504 | €1,439,435 | +€413,931 | +40.4% |
| Provisions and deferred taxes | 16 | - | €360,000 | +€360,000 | |
| Provisions for liabilities and charges | 160/5 | - | €360,000 | +€360,000 | |
| Major repairs and maintenance | 162 | - | €360,000 | +€360,000 | |
| Amounts payable | 17/49 | €1,451,234 | €921,957 | -€529,277 | -36.5% |
| Amounts payable after more than one year | 17 | €675,000 | €325,000 | -€350,000 | -51.9% |
| Financial debts | 170/4 | €675,000 | €325,000 | -€350,000 | -51.9% |
| Amounts payable within one year | 42/48 | €694,338 | €358,646 | -€335,692 | -48.3% |
| Current portion of amounts payable after more than one year | 42 | €400,000 | - | -€400,000 | |
| Trade debts | 44 | €234,425 | €357,367 | +€122,942 | +52.4% |
| Suppliers | 440/4 | €234,425 | €357,367 | +€122,942 | +52.4% |
| Taxes, remuneration and social security | 45 | €59,913 | €1,279 | -€58,634 | -97.9% |
| Taxes | 450/3 | €59,913 | €1,279 | -€58,634 | -97.9% |
| Accrued charges and deferred income | 492/3 | €81,896 | €238,311 | +€156,415 | +191% |
| Turnover | 70 | €1,457,605 | €1,524,298 | +€66,693 | +4.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €389,233 | €302,188 | -€87,045 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €390,818 | €436,570 | +€45,752 | +11.7% |
| Gross operating margin | 9900 | €1,068,372 | €1,222,110 | +€153,738 | +14.4% |
| Operating profit (loss) | 9901 | €677,554 | €425,540 | -€252,014 | -37.2% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €923 | €11,609 | +€10,686 | +1,158% |
| Recurring financial charges | 65 | €923 | €11,609 | +€10,686 | +1,158% |
| Profit (loss) for the period before taxes | 9903 | €676,661 | €413,931 | -€262,730 | -38.8% |
| Profit (loss) for the period | 9904 | €676,661 | €413,931 | -€262,730 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €676,661 | €413,931 | -€262,730 | -38.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.