ENZIAN: 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.
ENZIAN
Largest movements
- Receivables within one year +€33,651
up €33,651 (+9.4%), from €359,264 to €392,915
of which Other amounts receivable: +€28,651
- Tangible fixed assets -€8,802
down €8,802 (-9.6%), from €91,477 to €82,675
- Other debts +€20,000
up €20,000 (+1333.3%), from €1,500 to €21,500
- Reserves +€10,574
up €10,574 (+3.2%), from €328,895 to €339,469
- Gross operating margin -€21,956
down €21,956 (-37.9%), from €57,932 to €35,977
- Taxes -€5,712
down €5,712 (-61.8%), from €9,236 to €3,525
- Depreciation -€658
down €658 (-7.0%), from €9,460 to €8,802
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 | €459,359 | €487,826 | +€28,466 | +6.2% |
| Fixed assets | 21/28 | €91,477 | €82,675 | -€8,802 | -9.6% |
| Tangible fixed assets | 22/27 | €91,477 | €82,675 | -€8,802 | -9.6% |
| Land and buildings | 22 | €91,477 | €82,675 | -€8,802 | -9.6% |
| Current assets | 29/58 | €367,882 | €405,151 | +€37,268 | +10.1% |
| Amounts receivable within one year | 40/41 | €359,264 | €392,915 | +€33,651 | +9.4% |
| Trade receivables | 40 | - | €5,000 | +€5,000 | |
| Other amounts receivable | 41 | €359,264 | €387,915 | +€28,651 | +8.0% |
| Cash at bank and in hand | 54/58 | €7,184 | €10,750 | +€3,566 | +49.6% |
| Deferred charges and accrued income | 490/1 | €1,434 | €1,486 | +€52 | +3.6% |
| Total equity and liabilities | 10/49 | €459,359 | €487,826 | +€28,466 | +6.2% |
| Equity | 10/15 | €446,895 | €457,469 | +€10,574 | +2.4% |
| Contributions | 10/11 | €118,000 | €118,000 | = | 0.0% |
| Reserves | 13 | €328,895 | €339,469 | +€10,574 | +3.2% |
| Distributable reserves | 133 | €328,895 | €339,469 | +€10,574 | +3.2% |
| Amounts payable | 17/49 | €12,464 | €30,357 | +€17,893 | +143.6% |
| Amounts payable within one year | 42/48 | €10,594 | €27,497 | +€16,903 | +159.5% |
| Trade debts | 44 | €5,141 | €5,997 | +€856 | +16.7% |
| Suppliers | 440/4 | €5,141 | €5,997 | +€856 | +16.7% |
| Taxes, remuneration and social security | 45 | €3,953 | - | -€3,953 | |
| Taxes | 450/3 | €3,953 | - | -€3,953 | |
| Other amounts payable | 47/48 | €1,500 | €21,500 | +€20,000 | +1333.3% |
| Accrued charges and deferred income | 492/3 | €1,870 | €2,860 | +€990 | +53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,460 | €8,802 | -€658 | -7.0% |
| Other operating charges | 640/8 | €12,208 | €12,550 | +€342 | +2.8% |
| Gross operating margin | 9900 | €57,932 | €35,977 | -€21,956 | -37.9% |
| Operating profit (loss) | 9901 | €36,264 | €14,625 | -€21,639 | -59.7% |
| Financial charges | 65/66B | €435 | €527 | +€92 | +21.1% |
| Recurring financial charges | 65 | €435 | €527 | +€92 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €35,829 | €14,098 | -€21,731 | -60.7% |
| Income taxes | 67/77 | €9,236 | €3,525 | -€5,712 | -61.8% |
| Profit (loss) for the period | 9904 | €26,593 | €10,574 | -€16,019 | -60.2% |
| Transfer from tax-exempt reserves | 789 | €1,116 | - | -€1,116 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,708 | €10,574 | -€17,135 | -61.8% |
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.