IMMO ENNA: 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.
IMMO ENNA
Largest movements
- Deferred charges and accrued income -€53,072
down €53,072 (-60.9%), from €87,090 to €34,018
- Receivables within one year +€52,799
up €52,799 (+40.5%), from €130,293 to €183,091
- Tangible fixed assets -€8,301
down €8,301 (-14.1%), from €58,704 to €50,403
of which Land and buildings: -€7,225
- Cash +€7,609
up €7,609 (+35.6%), from €21,349 to €28,958
mainly Deferred charges and accrued income (+€53,072) and Depreciation (+€8,301)
- Tax, wage and social debts -€3,752
no longer reported in 2025 (was €3,752)
- Profit (loss) carried forward -€3,548
down €3,548 (-1.6%), from €224,734 to €221,186
- Current portion of long-term debt +€3,333
new in 2025: €3,333
- Trade debts +€3,002
up €3,002 (+400.2%), from €750 to €3,752
- Gross operating margin -€10,241
down €10,241 (-55.9%), from €18,316 to €8,075
- Financial charges +€6,631
up €6,631 (+4326.4%), from €153 to €6,784
- Taxes -€3,752
no longer reported in 2025 (was €3,752)
- Financial income -€355
down €355 (-5.3%), from €6,691 to €6,336
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 | €297,435 | €296,471 | -€965 | -0.3% |
| Fixed assets | 21/28 | €58,704 | €50,403 | -€8,301 | -14.1% |
| Tangible fixed assets | 22/27 | €58,704 | €50,403 | -€8,301 | -14.1% |
| Land and buildings | 22 | €54,400 | €47,175 | -€7,225 | -13.3% |
| Plant, machinery and equipment | 23 | €4,304 | €3,228 | -€1,076 | -25.0% |
| Current assets | 29/58 | €238,731 | €246,068 | +€7,336 | +3.1% |
| Amounts receivable within one year | 40/41 | €130,293 | €183,091 | +€52,799 | +40.5% |
| Other amounts receivable | 41 | €130,293 | €183,091 | +€52,799 | +40.5% |
| Cash at bank and in hand | 54/58 | €21,349 | €28,958 | +€7,609 | +35.6% |
| Deferred charges and accrued income | 490/1 | €87,090 | €34,018 | -€53,072 | -60.9% |
| Total equity and liabilities | 10/49 | €297,435 | €296,471 | -€965 | -0.3% |
| Equity | 10/15 | €292,934 | €289,386 | -€3,548 | -1.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €224,734 | €221,186 | -€3,548 | -1.6% |
| Amounts payable | 17/49 | €4,502 | €7,085 | +€2,583 | +57.4% |
| Amounts payable within one year | 42/48 | €4,502 | €7,085 | +€2,583 | +57.4% |
| Current portion of amounts payable after more than one year | 42 | - | €3,333 | +€3,333 | |
| Trade debts | 44 | €750 | €3,752 | +€3,002 | +400.2% |
| Suppliers | 440/4 | €750 | €3,752 | +€3,002 | +400.2% |
| Taxes, remuneration and social security | 45 | €3,752 | - | -€3,752 | |
| Taxes | 450/3 | €3,752 | - | -€3,752 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,301 | €8,301 | = | 0.0% |
| Other operating charges | 640/8 | €2,786 | €2,874 | +€88 | +3.1% |
| Gross operating margin | 9900 | €18,316 | €8,075 | -€10,241 | -55.9% |
| Operating profit (loss) | 9901 | €7,229 | -€3,100 | -€10,328 | |
| Financial income | 75/76B | €6,691 | €6,336 | -€355 | -5.3% |
| Recurring financial income | 75 | €6,691 | €6,336 | -€355 | -5.3% |
| Financial charges | 65/66B | €153 | €6,784 | +€6,631 | +4326.4% |
| Recurring financial charges | 65 | €153 | €6,784 | +€6,631 | +4326.4% |
| Profit (loss) for the period before taxes | 9903 | €13,767 | -€3,548 | -€17,315 | |
| Income taxes | 67/77 | €3,752 | - | -€3,752 | |
| Profit (loss) for the period | 9904 | €10,015 | -€3,548 | -€13,563 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,015 | -€3,548 | -€13,563 |
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 3 October 2026 via checked.be.