ENTRIO: 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.
ENTRIO
Largest movements
- Receivables within one year +€499,225
up €499,225 (+53.1%), from €939,694 to €1.4m
of which Other amounts receivable: +€426,001
- Cash +€148,625
up €148,625 (+36.5%), from €407,163 to €555,788
mainly Net result for the year (+€299,500) and Short-term financial debts (+€200,000)
- Reserves +€299,500
up €299,500 (+68.5%), from €437,076 to €736,576
of which Distributable reserves: +€299,500
- Short-term financial debts +€200,000
up €200,000 (+400.0%), from €50,000 to €250,000
- Debts after one year +€198,940
up €198,940 (+823.8%), from €24,150 to €223,090
- Other debts -€150,564
no longer reported in 2025 (was €150,564)
- Current portion of long-term debt +€60,089
up €60,089 (+36.7%), from €163,684 to €223,773
- Gross operating margin +€452,303
up €452,303 (+12.9%), from €3.5m to €4.0m
- Staff costs +€350,745
up €350,745 (+11.3%), from €3.1m to €3.5m
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 | €1,446,911 | €2,083,650 | +€636,739 | +44.0% |
| Fixed assets | 21/28 | €65,862 | €72,015 | +€6,153 | +9.3% |
| Tangible fixed assets | 22/27 | €58,800 | €64,953 | +€6,153 | +10.5% |
| Plant, machinery and equipment | 23 | €2,057 | €12,178 | +€10,122 | +492.1% |
| Furniture and vehicles | 24 | €56,743 | €52,775 | -€3,969 | -7.0% |
| Financial fixed assets | 28 | €7,061 | €7,061 | = | 0.0% |
| Current assets | 29/58 | €1,381,049 | €2,011,635 | +€630,586 | +45.7% |
| Stocks and contracts in progress | 3 | €20,415 | €14,018 | -€6,397 | -31.3% |
| Stocks | 30/36 | €20,415 | €14,018 | -€6,397 | -31.3% |
| Amounts receivable within one year | 40/41 | €939,694 | €1,438,919 | +€499,225 | +53.1% |
| Trade receivables | 40 | €820,353 | €893,577 | +€73,224 | +8.9% |
| Other amounts receivable | 41 | €119,341 | €545,342 | +€426,001 | +357.0% |
| Cash at bank and in hand | 54/58 | €407,163 | €555,788 | +€148,625 | +36.5% |
| Deferred charges and accrued income | 490/1 | €13,778 | €2,910 | -€10,868 | -78.9% |
| Total equity and liabilities | 10/49 | €1,446,911 | €2,083,650 | +€636,739 | +44.0% |
| Equity | 10/15 | €455,676 | €755,176 | +€299,500 | +65.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €437,076 | €736,576 | +€299,500 | +68.5% |
| Tax-exempt reserves | 132 | €29,250 | €29,250 | = | 0.0% |
| Distributable reserves | 133 | €407,826 | €707,326 | +€299,500 | +73.4% |
| Amounts payable | 17/49 | €991,235 | €1,328,474 | +€337,239 | +34.0% |
| Amounts payable after more than one year | 17 | €24,150 | €223,090 | +€198,940 | +823.8% |
| Financial debts | 170/4 | €24,150 | €223,090 | +€198,940 | +823.8% |
| Amounts payable within one year | 42/48 | €963,197 | €1,101,624 | +€138,427 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €163,684 | €223,773 | +€60,089 | +36.7% |
| Financial debts | 43 | €50,000 | €250,000 | +€200,000 | +400.0% |
| Credit institutions | 430/8 | €50,000 | €250,000 | +€200,000 | +400.0% |
| Trade debts | 44 | €153,760 | €202,342 | +€48,582 | +31.6% |
| Suppliers | 440/4 | €153,760 | €202,342 | +€48,582 | +31.6% |
| Taxes, remuneration and social security | 45 | €445,188 | €425,510 | -€19,679 | -4.4% |
| Taxes | 450/3 | €31,659 | €20,918 | -€10,741 | -33.9% |
| Remuneration and social security | 454/9 | €413,529 | €404,592 | -€8,938 | -2.2% |
| Other amounts payable | 47/48 | €150,564 | - | -€150,564 | |
| Accrued charges and deferred income | 492/3 | €3,888 | €3,760 | -€128 | -3.3% |
| Non-recurring operating income | 76A | €6,348 | - | -€6,348 | |
| Remuneration, social security and pensions | 62 | €3,116,279 | €3,467,024 | +€350,745 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,729 | €27,895 | +€2,166 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,363 | +€14,363 | |
| Other operating charges | 640/8 | €4,107 | €4,018 | -€89 | -2.2% |
| Non-recurring operating charges | 66A | - | €30,855 | +€30,855 | |
| Gross operating margin | 9900 | €3,513,975 | €3,966,278 | +€452,303 | +12.9% |
| Operating profit (loss) | 9901 | €367,860 | €422,123 | +€54,263 | +14.8% |
| Financial income | 75/76B | €2,082 | €2,002 | -€80 | -3.8% |
| Recurring financial income | 75 | €2,082 | €2,002 | -€80 | -3.8% |
| Financial charges | 65/66B | €10,136 | €13,880 | +€3,744 | +36.9% |
| Recurring financial charges | 65 | €10,136 | €13,880 | +€3,744 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | €359,806 | €410,246 | +€50,440 | +14.0% |
| Income taxes | 67/77 | €95,877 | €110,746 | +€14,870 | +15.5% |
| Profit (loss) for the period | 9904 | €263,929 | €299,500 | +€35,570 | +13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €263,929 | €299,500 | +€35,570 | +13.5% |
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 10 October 2026 via checked.be.