ENTO PROJECTS: what changed
Two fiscal 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.
ENTO PROJECTS
Largest movements
- Receivables within one year +€42,928
up €42,928 (+2239.1%), from €1,917 to €44,845
of which Trade receivables: +€44,736
- Financial fixed assets +€25,173
up €25,173 (+104.2%), from €24,158 to €49,331
- Cash -€22,874
down €22,874 (-78.6%), from €29,110 to €6,236
mainly Contributions, distributions and other (-€47,957) and Receivables within one year (-€42,928)
- Tangible fixed assets +€6,036
up €6,036 (+392.2%), from €1,539 to €7,575
- Other debts +€32,511
up €32,511 (+129.3%), from €25,138 to €57,649
- Debts after one year +€19,399
new in 2026: €19,399
- Tax, wage and social debts +€6,730
up €6,730 (+162.5%), from €4,141 to €10,871
of which Taxes: +€9,131
- Advances received -€5,890
no longer reported in 2026 (was €5,890)
- Current portion of long-term debt -€3,917
down €3,917 (-39.2%), from €10,000 to €6,083
- Gross operating margin +€37,905
up €37,905 (+120.8%), from €31,384 to €69,290
- Taxes +€9,728
up €9,728 (+118.8%), from €8,192 to €17,920
- Depreciation +€1,202
up €1,202 (+127.1%), from €946 to €2,148
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,373 | €108,646 | +€51,273 | +89.4% |
| Fixed assets | 21/28 | €25,697 | €56,906 | +€31,209 | +121.4% |
| Tangible fixed assets | 22/27 | €1,539 | €7,575 | +€6,036 | +392.2% |
| Furniture and vehicles | 24 | €1,539 | €7,575 | +€6,036 | +392.2% |
| Financial fixed assets | 28 | €24,158 | €49,331 | +€25,173 | +104.2% |
| Current assets | 29/58 | €31,676 | €51,740 | +€20,064 | +63.3% |
| Stocks and contracts in progress | 3 | €250 | €250 | = | 0.0% |
| Stocks | 30/36 | €250 | €250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,917 | €44,845 | +€42,928 | +2239.1% |
| Trade receivables | 40 | - | €44,736 | +€44,736 | |
| Other amounts receivable | 41 | €1,917 | €109 | -€1,808 | -94.3% |
| Cash at bank and in hand | 54/58 | €29,110 | €6,236 | -€22,874 | -78.6% |
| Deferred charges and accrued income | 490/1 | €399 | €409 | +€10 | +2.5% |
| Total equity and liabilities | 10/49 | €57,373 | €108,646 | +€51,273 | +89.4% |
| Equity | 10/15 | €7,126 | €7,126 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,126 | €2,126 | = | 0.0% |
| Distributable reserves | 133 | €2,126 | €2,126 | = | 0.0% |
| Amounts payable | 17/49 | €50,247 | €101,520 | +€51,273 | +102.0% |
| Amounts payable after more than one year | 17 | - | €19,399 | +€19,399 | |
| Financial debts | 170/4 | - | €19,399 | +€19,399 | |
| Amounts payable within one year | 42/48 | €50,247 | €82,120 | +€31,873 | +63.4% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €6,083 | -€3,917 | -39.2% |
| Trade debts | 44 | €5,078 | €7,517 | +€2,439 | +48.0% |
| Suppliers | 440/4 | €5,078 | €7,517 | +€2,439 | +48.0% |
| Advances received on contracts in progress | 46 | €5,890 | - | -€5,890 | |
| Taxes, remuneration and social security | 45 | €4,141 | €10,871 | +€6,730 | +162.5% |
| Taxes | 450/3 | €1,740 | €10,871 | +€9,131 | +524.8% |
| Remuneration and social security | 454/9 | €2,401 | - | -€2,401 | |
| Other amounts payable | 47/48 | €25,138 | €57,649 | +€32,511 | +129.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €946 | €2,148 | +€1,202 | +127.1% |
| Other operating charges | 640/8 | €756 | €458 | -€298 | -39.5% |
| Non-recurring operating charges | 66A | €350 | - | -€350 | |
| Gross operating margin | 9900 | €31,384 | €69,290 | +€37,905 | +120.8% |
| Operating profit (loss) | 9901 | €29,332 | €66,683 | +€37,351 | +127.3% |
| Financial charges | 65/66B | €375 | €806 | +€431 | +114.9% |
| Recurring financial charges | 65 | €375 | €806 | +€431 | +114.9% |
| Profit (loss) for the period before taxes | 9903 | €28,957 | €65,878 | +€36,920 | +127.5% |
| Income taxes | 67/77 | €8,192 | €17,920 | +€9,728 | +118.8% |
| Profit (loss) for the period | 9904 | €20,765 | €47,957 | +€27,192 | +131.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,765 | €47,957 | +€27,192 | +131.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.