ENTOFACT: 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.
ENTOFACT
Largest movements
- Tangible fixed assets -€31,251
down €31,251 (-8.6%), from €364,620 to €333,369
of which Other tangible fixed assets: -€29,314
- Receivables within one year +€21,783
up €21,783 (+7.4%), from €295,806 to €317,588
of which Other amounts receivable: +€35,222
- Stocks and contracts -€15,473
down €15,473 (-45.0%), from €34,415 to €18,942
- Reserves -€139,085
down €139,085 (-100%), from €139,085 to €0
of which Distributable reserves: -€137,225
- Trade debts +€81,652
up €81,652 (+35.7%), from €228,889 to €310,542
- Other debts +€63,517
up €63,517 (+443%), from €14,329 to €77,846
- Debts after one year -€24,992
down €24,992 (-29.3%), from €85,275 to €60,283
- Staff costs +€34,550
up €34,550 (+14.0%), from €245,936 to €280,486
- Gross operating margin -€28,846
down €28,846 (-14.9%), from €193,228 to €164,382
- Financial income +€11,840
up €11,840 (+209%), from €5,664 to €17,505
- Financial charges -€9,655
down €9,655 (-53.8%), from €17,957 to €8,302
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 | €700,490 | €675,497 | -€24,993 | -3.6% |
| Fixed assets | 21/28 | €364,620 | €333,369 | -€31,251 | -8.6% |
| Tangible fixed assets | 22/27 | €364,620 | €333,369 | -€31,251 | -8.6% |
| Plant, machinery and equipment | 23 | €14,255 | €12,319 | -€1,937 | -13.6% |
| Other tangible fixed assets | 26 | €350,365 | €321,050 | -€29,314 | -8.4% |
| Current assets | 29/58 | €335,870 | €342,128 | +€6,258 | +1.9% |
| Stocks and contracts in progress | 3 | €34,415 | €18,942 | -€15,473 | -45.0% |
| Stocks | 30/36 | €34,415 | €18,942 | -€15,473 | -45.0% |
| Amounts receivable within one year | 40/41 | €295,806 | €317,588 | +€21,783 | +7.4% |
| Trade receivables | 40 | €13,439 | €0 | -€13,439 | -100% |
| Other amounts receivable | 41 | €282,366 | €317,588 | +€35,222 | +12.5% |
| Cash at bank and in hand | 54/58 | €444 | €542 | +€98 | +22.1% |
| Deferred charges and accrued income | 490/1 | €5,205 | €5,055 | -€150 | -2.9% |
| Total equity and liabilities | 10/49 | €700,490 | €675,497 | -€24,993 | -3.6% |
| Equity | 10/15 | €211,753 | €62,538 | -€149,215 | -70.5% |
| Contributions | 10/11 | €6,219 | €6,219 | = | 0.0% |
| Reserves | 13 | €139,085 | €0 | -€139,085 | -100% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €137,225 | €0 | -€137,225 | -100% |
| Profit (loss) carried forward | 14 | - | -€4,592 | -€4,592 | |
| Investment grants | 15 | €66,449 | €60,912 | -€5,537 | -8.3% |
| Provisions and deferred taxes | 16 | €3,497 | €3,206 | -€291 | -8.3% |
| Deferred taxes | 168 | €3,497 | €3,206 | -€291 | -8.3% |
| Amounts payable | 17/49 | €485,239 | €609,753 | +€124,513 | +25.7% |
| Amounts payable after more than one year | 17 | €85,275 | €60,283 | -€24,992 | -29.3% |
| Financial debts | 170/4 | €85,275 | €60,283 | -€24,992 | -29.3% |
| Amounts payable within one year | 42/48 | €399,933 | €549,358 | +€149,424 | +37.4% |
| Current portion of amounts payable after more than one year | 42 | €24,992 | €26,342 | +€1,350 | +5.4% |
| Trade debts | 44 | €228,889 | €310,542 | +€81,652 | +35.7% |
| Suppliers | 440/4 | €228,889 | €310,542 | +€81,652 | +35.7% |
| Taxes, remuneration and social security | 45 | €131,723 | €134,628 | +€2,906 | +2.2% |
| Taxes | 450/3 | €49,145 | €24,595 | -€24,550 | -50.0% |
| Remuneration and social security | 454/9 | €82,578 | €110,033 | +€27,456 | +33.2% |
| Other amounts payable | 47/48 | €14,329 | €77,846 | +€63,517 | +443% |
| Accrued charges and deferred income | 492/3 | €31 | €112 | +€81 | +262% |
| Remuneration, social security and pensions | 62 | €245,936 | €280,486 | +€34,550 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,619 | €31,251 | +€632 | +2.1% |
| Other operating charges | 640/8 | €1,279 | €2,395 | +€1,116 | +87.2% |
| Non-recurring operating charges | 66A | €0 | €3,130 | +€3,130 | |
| Gross operating margin | 9900 | €193,228 | €164,382 | -€28,846 | -14.9% |
| Operating profit (loss) | 9901 | -€84,606 | -€152,880 | -€68,275 | -80.7% |
| Financial income | 75/76B | €5,664 | €17,505 | +€11,840 | +209% |
| Recurring financial income | 75 | €5,664 | €17,505 | +€11,840 | +209% |
| Financial charges | 65/66B | €17,957 | €8,302 | -€9,655 | -53.8% |
| Recurring financial charges | 65 | €17,957 | €8,302 | -€9,655 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | -€96,898 | -€143,677 | -€46,779 | -48.3% |
| Transfer from deferred taxes | 780 | €291 | €291 | = | 0.0% |
| Income taxes | 67/77 | €291 | €291 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€96,898 | -€143,677 | -€46,779 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€96,898 | -€143,677 | -€46,779 | -48.3% |
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 18 October 2026 via checked.be.