ENVILEX: 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.
ENVILEX
Largest movements
- Cash -€72,104
down €72,104 (-42.6%), from €169,118 to €97,014
mainly Stocks and contracts (-€71,002) and Investment in fixed assets (net) (-€48,296)
- Stocks and contracts +€71,002
new in 2025: €71,002
- Tangible fixed assets +€9,045
up €9,045 (+4.3%), from €210,958 to €220,003
of which Furniture and vehicles: +€15,065
- Profit (loss) carried forward +€29,561
up €29,561 (+25.0%), from €118,339 to €147,900
- Tax, wage and social debts -€22,217
down €22,217 (-31.7%), from €70,087 to €47,870
of which Taxes: -€21,631
- Debts after one year -€14,759
down €14,759 (-12.2%), from €120,490 to €105,731
- Other debts +€10,473
up €10,473 (+30.3%), from €34,574 to €45,047
- Current portion of long-term debt +€8,479
up €8,479 (+25.1%), from €33,762 to €42,242
- Gross operating margin +€15,932
up €15,932 (+9.3%), from €171,473 to €187,405
- Staff costs +€12,253
up €12,253 (+14.3%), from €85,387 to €97,640
- Depreciation +€9,487
up €9,487 (+31.9%), from €29,763 to €39,250
- Other operating charges -€2,837
down €2,837 (-39.4%), from €7,210 to €4,373
- Taxes -€2,669
down €2,669 (-21.8%), from €12,257 to €9,588
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 | €484,192 | €489,995 | +€5,802 | +1.2% |
| Fixed assets | 21/28 | €210,958 | €220,003 | +€9,045 | +4.3% |
| Tangible fixed assets | 22/27 | €210,958 | €220,003 | +€9,045 | +4.3% |
| Land and buildings | 22 | €144,972 | €140,571 | -€4,401 | -3.0% |
| Plant, machinery and equipment | 23 | €3,735 | €2,116 | -€1,619 | -43.4% |
| Furniture and vehicles | 24 | €62,251 | €77,316 | +€15,065 | +24.2% |
| Current assets | 29/58 | €273,235 | €269,992 | -€3,243 | -1.2% |
| Stocks and contracts in progress | 3 | - | €71,002 | +€71,002 | |
| Stocks | 30/36 | - | €71,002 | +€71,002 | |
| Amounts receivable within one year | 40/41 | €99,488 | €96,380 | -€3,108 | -3.1% |
| Trade receivables | 40 | €84,063 | €94,472 | +€10,409 | +12.4% |
| Other amounts receivable | 41 | €15,424 | €1,908 | -€13,516 | -87.6% |
| Cash at bank and in hand | 54/58 | €169,118 | €97,014 | -€72,104 | -42.6% |
| Deferred charges and accrued income | 490/1 | €4,629 | €5,595 | +€967 | +20.9% |
| Total equity and liabilities | 10/49 | €484,192 | €489,995 | +€5,802 | +1.2% |
| Equity | 10/15 | €213,194 | €242,755 | +€29,561 | +13.9% |
| Contributions | 10/11 | €69,855 | €69,855 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,339 | €147,900 | +€29,561 | +25.0% |
| Amounts payable | 17/49 | €270,999 | €247,239 | -€23,759 | -8.8% |
| Amounts payable after more than one year | 17 | €120,490 | €105,731 | -€14,759 | -12.2% |
| Financial debts | 170/4 | €120,490 | €105,731 | -€14,759 | -12.2% |
| Amounts payable within one year | 42/48 | €150,509 | €141,509 | -€9,000 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €33,762 | €42,242 | +€8,479 | +25.1% |
| Trade debts | 44 | €12,085 | €6,351 | -€5,734 | -47.4% |
| Suppliers | 440/4 | €12,085 | €6,351 | -€5,734 | -47.4% |
| Taxes, remuneration and social security | 45 | €70,087 | €47,870 | -€22,217 | -31.7% |
| Taxes | 450/3 | €53,858 | €32,227 | -€21,631 | -40.2% |
| Remuneration and social security | 454/9 | €16,229 | €15,643 | -€586 | -3.6% |
| Other amounts payable | 47/48 | €34,574 | €45,047 | +€10,473 | +30.3% |
| Remuneration, social security and pensions | 62 | €85,387 | €97,640 | +€12,253 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,763 | €39,250 | +€9,487 | +31.9% |
| Other operating charges | 640/8 | €7,210 | €4,373 | -€2,837 | -39.4% |
| Gross operating margin | 9900 | €171,473 | €187,405 | +€15,932 | +9.3% |
| Operating profit (loss) | 9901 | €49,113 | €46,142 | -€2,970 | -6.0% |
| Financial income | 75/76B | €66 | €92 | +€26 | +39.2% |
| Recurring financial income | 75 | €66 | €92 | +€26 | +39.2% |
| Financial charges | 65/66B | €4,287 | €5,085 | +€798 | +18.6% |
| Recurring financial charges | 65 | €4,287 | €5,085 | +€798 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €44,892 | €41,150 | -€3,742 | -8.3% |
| Income taxes | 67/77 | €12,257 | €9,588 | -€2,669 | -21.8% |
| Profit (loss) for the period | 9904 | €32,635 | €31,561 | -€1,073 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,635 | €31,561 | -€1,073 | -3.3% |
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 5 October 2026 via checked.be.