ENXOY: 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.
ENXOY
Largest movements
- Current investments +€51,658
up €51,658 (+67.6%), from €76,425 to €128,083
- Tangible fixed assets -€23,619
down €23,619 (-7.6%), from €309,749 to €286,131
- Cash -€8,320
down €8,320 (-18.1%), from €46,013 to €37,693
mainly Current investments (-€51,658) and Debts after one year (-€12,904)
- Receivables within one year +€5,101
up €5,101 (+12.0%), from €42,360 to €47,462
of which Trade receivables: +€11,221
- Reserves +€44,646
up €44,646 (+15.1%), from €294,995 to €339,641
of which Distributable reserves: +€46,506
- Debts after one year -€12,904
down €12,904 (-12.2%), from €106,132 to €93,228
- Other debts -€6,562
down €6,562 (-50.0%), from €13,117 to €6,555
- Gross operating margin +€19,854
up €19,854 (+26.0%), from €76,309 to €96,163
- Taxes +€5,592
up €5,592 (+39.5%), from €14,163 to €19,755
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €474,548 | €499,368 | +€24,821 | +5.2% |
| Fixed assets | 21/28 | €309,749 | €286,131 | -€23,619 | -7.6% |
| Tangible fixed assets | 22/27 | €309,749 | €286,131 | -€23,619 | -7.6% |
| Land and buildings | 22 | €257,107 | €253,847 | -€3,260 | -1.3% |
| Plant, machinery and equipment | 23 | €32,084 | €20,836 | -€11,248 | -35.1% |
| Furniture and vehicles | 24 | €20,558 | €11,448 | -€9,110 | -44.3% |
| Current assets | 29/58 | €164,798 | €213,238 | +€48,439 | +29.4% |
| Amounts receivable within one year | 40/41 | €42,360 | €47,462 | +€5,101 | +12.0% |
| Trade receivables | 40 | €36,240 | €47,462 | +€11,221 | +31.0% |
| Other amounts receivable | 41 | €6,120 | - | -€6,120 | |
| Current investments | 50/53 | €76,425 | €128,083 | +€51,658 | +67.6% |
| Cash at bank and in hand | 54/58 | €46,013 | €37,693 | -€8,320 | -18.1% |
| Total equity and liabilities | 10/49 | €474,548 | €499,368 | +€24,821 | +5.2% |
| Equity | 10/15 | €301,195 | €345,841 | +€44,646 | +14.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €294,995 | €339,641 | +€44,646 | +15.1% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €293,135 | €339,641 | +€46,506 | +15.9% |
| Amounts payable | 17/49 | €173,353 | €153,528 | -€19,825 | -11.4% |
| Amounts payable after more than one year | 17 | €106,132 | €93,228 | -€12,904 | -12.2% |
| Financial debts | 170/4 | €106,132 | €93,228 | -€12,904 | -12.2% |
| Amounts payable within one year | 42/48 | €67,221 | €60,299 | -€6,921 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €12,639 | €12,904 | +€265 | +2.1% |
| Trade debts | 44 | €3,397 | €1,827 | -€1,570 | -46.2% |
| Suppliers | 440/4 | €3,397 | €1,827 | -€1,570 | -46.2% |
| Taxes, remuneration and social security | 45 | €38,068 | €39,013 | +€945 | +2.5% |
| Taxes | 450/3 | €38,068 | €39,013 | +€945 | +2.5% |
| Other amounts payable | 47/48 | €13,117 | €6,555 | -€6,562 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,019 | €24,900 | +€881 | +3.7% |
| Other operating charges | 640/8 | €3,387 | €3,734 | +€347 | +10.3% |
| Gross operating margin | 9900 | €76,309 | €96,163 | +€19,854 | +26.0% |
| Operating profit (loss) | 9901 | €48,903 | €67,529 | +€18,626 | +38.1% |
| Financial charges | 65/66B | €3,320 | €3,127 | -€193 | -5.8% |
| Recurring financial charges | 65 | €3,320 | €3,127 | -€193 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €45,583 | €64,401 | +€18,818 | +41.3% |
| Income taxes | 67/77 | €14,163 | €19,755 | +€5,592 | +39.5% |
| Profit (loss) for the period | 9904 | €31,420 | €44,646 | +€13,226 | +42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,420 | €44,646 | +€13,226 | +42.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.