ENVEKA: 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.
ENVEKA
Largest movements
- Tangible fixed assets -€15,731
down €15,731 (-20.8%), from €75,747 to €60,015
of which Furniture and vehicles: -€14,640
- Receivables within one year -€5,762
down €5,762 (-15.7%), from €36,660 to €30,899
of which Other amounts receivable: -€5,040
- Cash -€2,288
down €2,288 (-2.7%), from €84,035 to €81,747
mainly Contributions, distributions and other (-€90,000) and Debts after one year (-€9,747)
- Profit (loss) carried forward -€34,239
down €34,239 (-29.1%), from €117,624 to €83,385
- Other debts +€21,245
up €21,245 (+70.8%), from €30,000 to €51,245
- Debts after one year -€9,747
down €9,747 (-26.0%), from €37,544 to €27,797
- Tax, wage and social debts -€2,295
down €2,295 (-29.7%), from €7,718 to €5,424
- Gross operating margin +€12,740
up €12,740 (+16.8%), from €75,686 to €88,427
- Depreciation +€9,719
up €9,719 (+161.7%), from €6,012 to €15,731
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 | €206,769 | €183,039 | -€23,731 | -11.5% |
| Fixed assets | 21/28 | €75,747 | €60,015 | -€15,731 | -20.8% |
| Tangible fixed assets | 22/27 | €75,747 | €60,015 | -€15,731 | -20.8% |
| Plant, machinery and equipment | 23 | €2,756 | €2,165 | -€591 | -21.5% |
| Furniture and vehicles | 24 | €68,433 | €53,793 | -€14,640 | -21.4% |
| Other tangible fixed assets | 26 | €4,557 | €4,057 | -€500 | -11.0% |
| Current assets | 29/58 | €131,023 | €123,023 | -€7,999 | -6.1% |
| Amounts receivable within one year | 40/41 | €36,660 | €30,899 | -€5,762 | -15.7% |
| Trade receivables | 40 | €28,682 | €27,960 | -€722 | -2.5% |
| Other amounts receivable | 41 | €7,979 | €2,938 | -€5,040 | -63.2% |
| Current investments | 50/53 | €9,756 | €9,756 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €84,035 | €81,747 | -€2,288 | -2.7% |
| Deferred charges and accrued income | 490/1 | €571 | €622 | +€51 | +8.9% |
| Total equity and liabilities | 10/49 | €206,769 | €183,039 | -€23,731 | -11.5% |
| Equity | 10/15 | €120,124 | €85,885 | -€34,239 | -28.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,624 | €83,385 | -€34,239 | -29.1% |
| Amounts payable | 17/49 | €86,645 | €97,154 | +€10,509 | +12.1% |
| Amounts payable after more than one year | 17 | €37,544 | €27,797 | -€9,747 | -26.0% |
| Financial debts | 170/4 | €37,544 | €27,797 | -€9,747 | -26.0% |
| Amounts payable within one year | 42/48 | €49,101 | €69,356 | +€20,256 | +41.3% |
| Current portion of amounts payable after more than one year | 42 | €9,398 | €9,747 | +€349 | +3.7% |
| Trade debts | 44 | €1,984 | €2,941 | +€957 | +48.2% |
| Suppliers | 440/4 | €1,984 | €2,941 | +€957 | +48.2% |
| Taxes, remuneration and social security | 45 | €7,718 | €5,424 | -€2,295 | -29.7% |
| Taxes | 450/3 | €7,718 | €5,424 | -€2,295 | -29.7% |
| Other amounts payable | 47/48 | €30,000 | €51,245 | +€21,245 | +70.8% |
| Non-recurring operating income | 76A | €5,674 | €0 | -€5,674 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €140 | +€140 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,012 | €15,731 | +€9,719 | +161.7% |
| Other operating charges | 640/8 | €861 | €351 | -€510 | -59.2% |
| Gross operating margin | 9900 | €75,686 | €88,427 | +€12,740 | +16.8% |
| Operating profit (loss) | 9901 | €68,814 | €72,204 | +€3,391 | +4.9% |
| Financial income | 75/76B | €319 | €392 | +€73 | +23.0% |
| Recurring financial income | 75 | €319 | €392 | +€73 | +23.0% |
| Financial charges | 65/66B | €1,492 | €2,021 | +€528 | +35.4% |
| Recurring financial charges | 65 | €1,492 | €2,021 | +€528 | +35.4% |
| Profit (loss) for the period before taxes | 9903 | €67,640 | €70,575 | +€2,935 | +4.3% |
| Income taxes | 67/77 | €14,126 | €14,815 | +€689 | +4.9% |
| Profit (loss) for the period | 9904 | €53,514 | €55,761 | +€2,246 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €53,514 | €55,761 | +€2,246 | +4.2% |
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 11 October 2026 via checked.be.