ENZOVOORT: 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.
ENZOVOORT
Largest movements
- Tangible fixed assets +€16,201
up €16,201 (+195%), from €8,305 to €24,505
of which Other tangible fixed assets: +€16,614
- Cash +€15,683
up €15,683 (+20.8%), from €75,442 to €91,126
mainly Net result for the year (+€27,631) and Receivables within one year (+€13,630)
- Receivables within one year -€13,630
down €13,630 (-45.7%), from €29,837 to €16,207
of which Trade receivables: -€8,985
- Intangible fixed assets -€4,770
down €4,770 (-6.3%), from €75,131 to €70,360
- Reserves +€27,631
up €27,631 (+27.4%), from €100,702 to €128,333
- Trade debts -€19,660
down €19,660 (-80.4%), from €24,459 to €4,800
- Tax, wage and social debts +€5,648
up €5,648 (+174%), from €3,253 to €8,901
- Gross operating margin +€14,868
up €14,868 (+41.5%), from €35,805 to €50,674
- Taxes +€6,369
up €6,369 (+80.0%), from €7,956 to €14,325
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.
Derived cash bridge
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 | €194,079 | €207,661 | +€13,582 | +7.0% |
| Fixed assets | 21/28 | €83,435 | €94,866 | +€11,431 | +13.7% |
| Intangible fixed assets | 21 | €75,131 | €70,360 | -€4,770 | -6.3% |
| Tangible fixed assets | 22/27 | €8,305 | €24,505 | +€16,201 | +195% |
| Furniture and vehicles | 24 | €2,018 | €1,605 | -€413 | -20.5% |
| Other tangible fixed assets | 26 | €6,287 | €22,901 | +€16,614 | +264% |
| Current assets | 29/58 | €110,643 | €112,795 | +€2,152 | +1.9% |
| Stocks and contracts in progress | 3 | €2,173 | €1,972 | -€201 | -9.3% |
| Stocks | 30/36 | €2,173 | €1,972 | -€201 | -9.3% |
| Amounts receivable within one year | 40/41 | €29,837 | €16,207 | -€13,630 | -45.7% |
| Trade receivables | 40 | €25,192 | €16,207 | -€8,985 | -35.7% |
| Other amounts receivable | 41 | €4,645 | - | -€4,645 | |
| Cash at bank and in hand | 54/58 | €75,442 | €91,126 | +€15,683 | +20.8% |
| Deferred charges and accrued income | 490/1 | €3,191 | €3,491 | +€300 | +9.4% |
| Total equity and liabilities | 10/49 | €194,079 | €207,661 | +€13,582 | +7.0% |
| Equity | 10/15 | €147,416 | €175,047 | +€27,631 | +18.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €100,702 | €128,333 | +€27,631 | +27.4% |
| Distributable reserves | 133 | €100,702 | €128,333 | +€27,631 | +27.4% |
| Profit (loss) carried forward | 14 | €40,514 | €40,514 | = | 0.0% |
| Amounts payable | 17/49 | €46,662 | €32,614 | -€14,049 | -30.1% |
| Amounts payable within one year | 42/48 | €46,662 | €32,614 | -€14,049 | -30.1% |
| Trade debts | 44 | €24,459 | €4,800 | -€19,660 | -80.4% |
| Suppliers | 440/4 | €24,459 | €4,800 | -€19,660 | -80.4% |
| Taxes, remuneration and social security | 45 | €3,253 | €8,901 | +€5,648 | +174% |
| Taxes | 450/3 | €3,253 | €8,901 | +€5,648 | +174% |
| Other amounts payable | 47/48 | €18,950 | €18,912 | -€37 | -0.2% |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,794 | €7,753 | -€41 | -0.5% |
| Other operating charges | 640/8 | €750 | €884 | +€135 | +17.9% |
| Gross operating margin | 9900 | €35,805 | €50,674 | +€14,868 | +41.5% |
| Operating profit (loss) | 9901 | €26,874 | €41,636 | +€14,762 | +54.9% |
| Financial income | 75/76B | €339 | €416 | +€77 | +22.7% |
| Recurring financial income | 75 | €339 | €416 | +€77 | +22.7% |
| Financial charges | 65/66B | €215 | €96 | -€119 | -55.5% |
| Recurring financial charges | 65 | €215 | €96 | -€119 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | €26,998 | €41,956 | +€14,958 | +55.4% |
| Income taxes | 67/77 | €7,956 | €14,325 | +€6,369 | +80.0% |
| Profit (loss) for the period | 9904 | €19,042 | €27,631 | +€8,590 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,042 | €27,631 | +€8,590 | +45.1% |
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 24 October 2026 via checked.be.