ENTROPIQ: 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.
ENTROPIQ
Largest movements
- Cash +€14,802
up €14,802 (+200.9%), from €7,367 to €22,170
mainly Net result for the year (+€12,680) and Receivables within one year (+€7,913)
- Receivables within one year -€7,913
down €7,913 (-87.2%), from €9,075 to €1,162
- Tangible fixed assets +€6,968
up €6,968 (+1171.7%), from €595 to €7,562
of which Other tangible fixed assets: +€6,242
- Deferred charges and accrued income -€766
down €766 (-100.0%), from €766 to €0
- Profit (loss) carried forward +€12,680
up €12,680 (+265.6%), from €4,775 to €17,455
- Tax, wage and social debts +€471
up €471 (+6.3%), from €7,492 to €7,963
- Gross operating margin +€13,470
up €13,470 (+206.4%), from €6,527 to €19,997
- Taxes +€3,010
up €3,010 (+180.7%), from €1,666 to €4,676
- Financial charges +€1,464
up €1,464 (+2177.3%), from €67 to €1,531
- Depreciation +€926
up €926 (+4648.7%), from €20 to €946
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 | €17,803 | €30,893 | +€13,091 | +73.5% |
| Fixed assets | 21/28 | €595 | €7,562 | +€6,968 | +1171.7% |
| Tangible fixed assets | 22/27 | €595 | €7,562 | +€6,968 | +1171.7% |
| Plant, machinery and equipment | 23 | €595 | €390 | -€205 | -34.4% |
| Furniture and vehicles | 24 | - | €931 | +€931 | |
| Other tangible fixed assets | 26 | - | €6,242 | +€6,242 | |
| Current assets | 29/58 | €17,208 | €23,331 | +€6,123 | +35.6% |
| Amounts receivable within one year | 40/41 | €9,075 | €1,162 | -€7,913 | -87.2% |
| Trade receivables | 40 | €9,075 | €1,162 | -€7,913 | -87.2% |
| Cash at bank and in hand | 54/58 | €7,367 | €22,170 | +€14,802 | +200.9% |
| Deferred charges and accrued income | 490/1 | €766 | €0 | -€766 | -100.0% |
| Total equity and liabilities | 10/49 | €17,803 | €30,893 | +€13,091 | +73.5% |
| Equity | 10/15 | €9,775 | €22,455 | +€12,680 | +129.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,775 | €17,455 | +€12,680 | +265.6% |
| Amounts payable | 17/49 | €8,028 | €8,439 | +€410 | +5.1% |
| Amounts payable within one year | 42/48 | €8,028 | €8,439 | +€410 | +5.1% |
| Trade debts | 44 | €536 | €475 | -€61 | -11.4% |
| Suppliers | 440/4 | €536 | €475 | -€61 | -11.4% |
| Taxes, remuneration and social security | 45 | €7,492 | €7,963 | +€471 | +6.3% |
| Taxes | 450/3 | €7,492 | €7,963 | +€471 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20 | €946 | +€926 | +4648.7% |
| Other operating charges | 640/8 | - | €165 | +€165 | |
| Gross operating margin | 9900 | €6,527 | €19,997 | +€13,470 | +206.4% |
| Operating profit (loss) | 9901 | €6,507 | €18,886 | +€12,379 | +190.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €67 | €1,531 | +€1,464 | +2177.3% |
| Recurring financial charges | 65 | €67 | €1,531 | +€1,464 | +2177.3% |
| Profit (loss) for the period before taxes | 9903 | €6,440 | €17,356 | +€10,916 | +169.5% |
| Income taxes | 67/77 | €1,666 | €4,676 | +€3,010 | +180.7% |
| Profit (loss) for the period | 9904 | €4,775 | €12,680 | +€7,906 | +165.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,775 | €12,680 | +€7,906 | +165.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.