ENÙ: 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.
ENÙ
Largest movements
- Cash +€10,725
up €10,725 (+49.6%), from €21,602 to €32,327
mainly Net result for the year (+€24,802) and Tax, wage and social debts (+€5,000)
- Stocks and contracts +€8,404
up €8,404 (+22.6%), from €37,228 to €45,632
- Profit (loss) carried forward +€19,802
up €19,802, from -€6,284 to €13,518
- Tax, wage and social debts +€5,000
up €5,000 (+80.2%), from €6,236 to €11,236
- Other debts -€2,774
down €2,774 (-25.2%), from €10,990 to €8,216
- Trade debts -€2,763
down €2,763 (-71.5%), from €3,867 to €1,104
- Gross operating margin +€24,701
up €24,701 (+256.4%), from €9,635 to €34,336
- Taxes +€5,473
new in 2025: €5,473
- Other operating charges -€761
down €761 (-30.5%), from €2,498 to €1,736
- Financial charges +€378
up €378 (+367.1%), from €103 to €482
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 | €77,309 | €96,574 | +€19,266 | +24.9% |
| Fixed assets | 21/28 | €9,663 | €8,807 | -€856 | -8.9% |
| Tangible fixed assets | 22/27 | €6,385 | €5,519 | -€866 | -13.6% |
| Furniture and vehicles | 24 | €3,728 | €3,229 | -€499 | -13.4% |
| Other tangible fixed assets | 26 | €2,656 | €2,289 | -€367 | -13.8% |
| Financial fixed assets | 28 | €3,278 | €3,288 | +€10 | +0.3% |
| Current assets | 29/58 | €67,646 | €87,768 | +€20,122 | +29.7% |
| Stocks and contracts in progress | 3 | €37,228 | €45,632 | +€8,404 | +22.6% |
| Stocks | 30/36 | €37,228 | €45,632 | +€8,404 | +22.6% |
| Amounts receivable within one year | 40/41 | €7,724 | €8,159 | +€436 | +5.6% |
| Trade receivables | 40 | €6,724 | €8,159 | +€1,436 | +21.3% |
| Other amounts receivable | 41 | €1,000 | €0 | -€1,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €21,602 | €32,327 | +€10,725 | +49.6% |
| Deferred charges and accrued income | 490/1 | €1,092 | €1,650 | +€558 | +51.0% |
| Total equity and liabilities | 10/49 | €77,309 | €96,574 | +€19,266 | +24.9% |
| Equity | 10/15 | €3,716 | €23,518 | +€19,802 | +532.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,284 | €13,518 | +€19,802 | |
| Amounts payable | 17/49 | €73,592 | €73,056 | -€536 | -0.7% |
| Amounts payable after more than one year | 17 | €52,500 | €52,500 | = | 0.0% |
| Other amounts payable | 178/9 | €52,500 | €52,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,092 | €20,556 | -€536 | -2.5% |
| Trade debts | 44 | €3,867 | €1,104 | -€2,763 | -71.5% |
| Suppliers | 440/4 | €3,867 | €1,104 | -€2,763 | -71.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,236 | €11,236 | +€5,000 | +80.2% |
| Taxes | 450/3 | €6,236 | €11,236 | +€5,000 | +80.2% |
| Other amounts payable | 47/48 | €10,990 | €8,216 | -€2,774 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,899 | €1,873 | -€26 | -1.4% |
| Other operating charges | 640/8 | €2,498 | €1,736 | -€761 | -30.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €9,635 | €34,336 | +€24,701 | +256.4% |
| Operating profit (loss) | 9901 | €5,238 | €30,726 | +€25,488 | +486.6% |
| Financial income | 75/76B | €119 | €30 | -€88 | -74.4% |
| Recurring financial income | 75 | €119 | €30 | -€88 | -74.4% |
| Financial charges | 65/66B | €103 | €482 | +€378 | +367.1% |
| Recurring financial charges | 65 | €103 | €482 | +€378 | +367.1% |
| Profit (loss) for the period before taxes | 9903 | €5,254 | €30,275 | +€25,021 | +476.2% |
| Income taxes | 67/77 | - | €5,473 | +€5,473 | |
| Profit (loss) for the period | 9904 | €5,254 | €24,802 | +€19,548 | +372.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,254 | €24,802 | +€19,548 | +372.1% |
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 8 October 2026 via checked.be.