ENTREMARE: 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.
ENTREMARE
Largest movements
- Stocks and contracts -€781,860
down €781,860 (-100.0%), from €781,860 to €0
- Tangible fixed assets +€341,910
new in 2025: €341,910
- Deferred charges and accrued income -€19,210
down €19,210 (-100.0%), from €19,210 to €0
- Cash +€11,502
up €11,502 (+365.7%), from €3,145 to €14,647
mainly Stocks and contracts (+€781,860) and Deferred charges and accrued income (+€19,210)
- Other debts -€460,247
down €460,247 (-85.6%), from €537,947 to €77,700
- Reserves +€12,450
up €12,450 (+8.6%), from €145,450 to €157,900
- Gross operating margin +€25,612
up €25,612, from -€6,259 to €19,353
- Taxes +€3,100
new in 2025: €3,100
- Financial income -€1,070
down €1,070 (-99.7%), from €1,074 to €4
- Other operating charges +€1,047
up €1,047 (+162.1%), from €646 to €1,693
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.
Cash bridge derived
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 | €810,386 | €356,557 | -€453,829 | -56.0% |
| Fixed assets | 21/28 | - | €341,910 | +€341,910 | |
| Tangible fixed assets | 22/27 | - | €341,910 | +€341,910 | |
| Land and buildings | 22 | - | €341,910 | +€341,910 | |
| Current assets | 29/58 | €810,386 | €14,647 | -€795,739 | -98.2% |
| Stocks and contracts in progress | 3 | €781,860 | €0 | -€781,860 | -100.0% |
| Contracts in progress | 37 | €781,860 | €0 | -€781,860 | -100.0% |
| Amounts receivable within one year | 40/41 | €6,172 | €0 | -€6,172 | -100.0% |
| Other amounts receivable | 41 | €6,172 | €0 | -€6,172 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,145 | €14,647 | +€11,502 | +365.7% |
| Deferred charges and accrued income | 490/1 | €19,210 | €0 | -€19,210 | -100.0% |
| Total equity and liabilities | 10/49 | €810,386 | €356,557 | -€453,829 | -56.0% |
| Equity | 10/15 | €164,813 | €176,588 | +€11,775 | +7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €145,450 | €157,900 | +€12,450 | +8.6% |
| Distributable reserves | 133 | €145,450 | €157,900 | +€12,450 | +8.6% |
| Profit (loss) carried forward | 14 | €763 | €88 | -€675 | -88.5% |
| Amounts payable | 17/49 | €645,573 | €179,969 | -€465,604 | -72.1% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €543,023 | €78,969 | -€464,054 | -85.5% |
| Trade debts | 44 | €5,076 | €0 | -€5,076 | -100.0% |
| Suppliers | 440/4 | €5,076 | €0 | -€5,076 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €1,269 | +€1,269 | |
| Taxes | 450/3 | - | €1,269 | +€1,269 | |
| Other amounts payable | 47/48 | €537,947 | €77,700 | -€460,247 | -85.6% |
| Accrued charges and deferred income | 492/3 | €2,550 | €1,000 | -€1,550 | -60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €646 | €1,693 | +€1,047 | +162.1% |
| Gross operating margin | 9900 | -€6,259 | €19,353 | +€25,612 | |
| Operating profit (loss) | 9901 | -€6,905 | €17,660 | +€24,565 | |
| Financial income | 75/76B | €1,074 | €4 | -€1,070 | -99.7% |
| Recurring financial income | 75 | €1,074 | €4 | -€1,070 | -99.7% |
| Financial charges | 65/66B | €1,072 | €1,089 | +€17 | +1.6% |
| Recurring financial charges | 65 | €1,072 | €1,089 | +€17 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,904 | €16,575 | +€23,478 | |
| Income taxes | 67/77 | - | €3,100 | +€3,100 | |
| Profit (loss) for the period | 9904 | -€6,904 | €13,475 | +€20,378 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,904 | €13,475 | +€20,378 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.