Entourage GP: 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.
Entourage GP
Largest movements
- Cash -€106,968
down €106,968 (-97.3%), from €109,897 to €2,929
mainly Trade debts (-€70,689) and Investment in fixed assets (net) (-€40,162)
- Receivables within one year -€73,901
down €73,901 (-82.4%), from €89,723 to €15,821
of which Other amounts receivable: -€40,229
- Financial fixed assets +€16,240
up €16,240 (+10.8%), from €150,000 to €166,240
- Tangible fixed assets +€14,304
up €14,304 (+16.2%), from €88,244 to €102,548
of which Plant, machinery and equipment: +€13,357
- Deferred charges and accrued income +€10,988
up €10,988 (+82.4%), from €13,332 to €24,321
- Trade debts -€70,689
down €70,689 (-50.6%), from €139,797 to €69,108
- Reserves -€39,858
down €39,858 (-26.2%), from €151,847 to €111,990
- Other debts -€28,040
down €28,040 (-27.9%), from €100,500 to €72,460
- Gross operating margin -€209,174
down €209,174 (-93.9%), from €222,722 to €13,547
- Taxes -€50,323
down €50,323 (-100.0%), from €50,342 to €19
- Staff costs +€18,575
new in 2025: €18,575
- Depreciation +€8,208
up €8,208 (+582%), from €1,410 to €9,618
- Other operating charges +€4,605
up €4,605 (+24.3%), from €18,953 to €23,558
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 | €451,197 | €311,859 | -€139,338 | -30.9% |
| Fixed assets | 21/28 | €238,244 | €268,788 | +€30,544 | +12.8% |
| Tangible fixed assets | 22/27 | €88,244 | €102,548 | +€14,304 | +16.2% |
| Plant, machinery and equipment | 23 | - | €13,357 | +€13,357 | |
| Furniture and vehicles | 24 | €19,954 | €18,369 | -€1,584 | -7.9% |
| Other tangible fixed assets | 26 | €68,290 | €70,822 | +€2,531 | +3.7% |
| Financial fixed assets | 28 | €150,000 | €166,240 | +€16,240 | +10.8% |
| Current assets | 29/58 | €212,952 | €43,071 | -€169,881 | -79.8% |
| Amounts receivable within one year | 40/41 | €89,723 | €15,821 | -€73,901 | -82.4% |
| Trade receivables | 40 | €38,081 | €4,409 | -€33,672 | -88.4% |
| Other amounts receivable | 41 | €51,641 | €11,412 | -€40,229 | -77.9% |
| Cash at bank and in hand | 54/58 | €109,897 | €2,929 | -€106,968 | -97.3% |
| Deferred charges and accrued income | 490/1 | €13,332 | €24,321 | +€10,988 | +82.4% |
| Total equity and liabilities | 10/49 | €451,197 | €311,859 | -€139,338 | -30.9% |
| Equity | 10/15 | €151,847 | €111,990 | -€39,858 | -26.2% |
| Reserves | 13 | €151,847 | €111,990 | -€39,858 | -26.2% |
| Distributable reserves | 133 | €151,847 | €111,990 | -€39,858 | -26.2% |
| Amounts payable | 17/49 | €299,349 | €199,870 | -€99,480 | -33.2% |
| Amounts payable within one year | 42/48 | €299,349 | €199,870 | -€99,480 | -33.2% |
| Financial debts | 43 | €1,340 | €4,654 | +€3,313 | +247% |
| Credit institutions | 430/8 | €1,340 | €4,654 | +€3,313 | +247% |
| Trade debts | 44 | €139,797 | €69,108 | -€70,689 | -50.6% |
| Suppliers | 440/4 | €139,797 | €69,108 | -€70,689 | -50.6% |
| Taxes, remuneration and social security | 45 | €57,712 | €53,648 | -€4,064 | -7.0% |
| Taxes | 450/3 | €57,712 | €52,187 | -€5,525 | -9.6% |
| Remuneration and social security | 454/9 | - | €1,461 | +€1,461 | |
| Other amounts payable | 47/48 | €100,500 | €72,460 | -€28,040 | -27.9% |
| Remuneration, social security and pensions | 62 | - | €18,575 | +€18,575 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,410 | €9,618 | +€8,208 | +582% |
| Other operating charges | 640/8 | €18,953 | €23,558 | +€4,605 | +24.3% |
| Gross operating margin | 9900 | €222,722 | €13,547 | -€209,174 | -93.9% |
| Operating profit (loss) | 9901 | €202,358 | -€38,204 | -€240,562 | |
| Financial income | 75/76B | €4 | €60 | +€57 | +1,492% |
| Recurring financial income | 75 | €4 | €60 | +€57 | +1,492% |
| Financial charges | 65/66B | €173 | €1,695 | +€1,522 | +881% |
| Recurring financial charges | 65 | €173 | €1,695 | +€1,522 | +881% |
| Profit (loss) for the period before taxes | 9903 | €202,189 | -€39,839 | -€242,028 | |
| Income taxes | 67/77 | €50,342 | €19 | -€50,323 | -100.0% |
| Profit (loss) for the period | 9904 | €151,847 | -€39,858 | -€191,705 | |
| Profit (loss) for the period to be appropriated | 9905 | €151,847 | -€39,858 | -€191,705 |
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 28 October 2026 via checked.be.