L’ENOTECA: what changed
L’ENOTECA
Largest movements
- Receivables within one year +€157,983
up €157,983 (+2,888%), from €5,471 to €163,454
of which Other amounts receivable: +€156,036
- Tangible fixed assets -€28,014
down €28,014 (-34.9%), from €80,187 to €52,173
of which Land and buildings: -€14,756
- Cash -€22,329
down €22,329 (-95.4%), from €23,404 to €1,075
mainly Receivables within one year (-€157,983) and Trade debts (-€13,777)
- Stocks and contracts -€4,359
no longer reported in 2025 (was €4,359)
- Deferred charges and accrued income -€4,233
down €4,233 (-95.6%), from €4,428 to €195
- Profit (loss) carried forward +€85,156
up €85,156 (+610%), from €13,957 to €99,113
- Tax, wage and social debts +€27,815
up €27,815 (+196%), from €14,192 to €42,007
of which Taxes: +€29,224
- Trade debts -€13,777
down €13,777 (-72.6%), from €18,974 to €5,197
- Other debts +€4,365
up €4,365 (+91.1%), from €4,793 to €9,159
- Debts after one year -€3,571
down €3,571 (-20.0%), from €17,821 to €14,250
- Gross operating margin +€58,020
up €58,020 (+30.4%), from €190,710 to €248,730
- Taxes +€29,230
up €29,230 (+1,140%), from €2,564 to €31,794
- Provisions -€25,000
no longer reported in 2025 (was €25,000)
- Staff costs -€24,736
down €24,736 (-17.1%), from €144,443 to €119,707
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,288 | €216,897 | +€96,609 | +80.3% |
| Fixed assets | 21/28 | €82,626 | €52,173 | -€30,453 | -36.9% |
| Intangible fixed assets | 21 | €1,724 | - | -€1,724 | |
| Tangible fixed assets | 22/27 | €80,187 | €52,173 | -€28,014 | -34.9% |
| Land and buildings | 22 | €66,929 | €52,173 | -€14,756 | -22.0% |
| Plant, machinery and equipment | 23 | €2,004 | - | -€2,004 | |
| Furniture and vehicles | 24 | €11,254 | - | -€11,254 | |
| Financial fixed assets | 28 | €715 | - | -€715 | |
| Current assets | 29/58 | €37,662 | €164,724 | +€127,062 | +337% |
| Stocks and contracts in progress | 3 | €4,359 | - | -€4,359 | |
| Stocks | 30/36 | €4,359 | - | -€4,359 | |
| Amounts receivable within one year | 40/41 | €5,471 | €163,454 | +€157,983 | +2,888% |
| Trade receivables | 40 | - | €1,947 | +€1,947 | |
| Other amounts receivable | 41 | €5,471 | €161,506 | +€156,036 | +2,852% |
| Cash at bank and in hand | 54/58 | €23,404 | €1,075 | -€22,329 | -95.4% |
| Deferred charges and accrued income | 490/1 | €4,428 | €195 | -€4,233 | -95.6% |
| Total equity and liabilities | 10/49 | €120,288 | €216,897 | +€96,609 | +80.3% |
| Equity | 10/15 | €32,557 | €117,713 | +€85,156 | +262% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,957 | €99,113 | +€85,156 | +610% |
| Provisions and deferred taxes | 16 | €25,000 | €25,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €25,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €62,730 | €74,183 | +€11,453 | +18.3% |
| Amounts payable after more than one year | 17 | €17,821 | €14,250 | -€3,571 | -20.0% |
| Financial debts | 170/4 | €17,821 | €14,250 | -€3,571 | -20.0% |
| Amounts payable within one year | 42/48 | €41,369 | €59,934 | +€18,565 | +44.9% |
| Current portion of amounts payable after more than one year | 42 | €3,409 | €3,571 | +€162 | +4.8% |
| Trade debts | 44 | €18,974 | €5,197 | -€13,777 | -72.6% |
| Suppliers | 440/4 | €18,974 | €5,197 | -€13,777 | -72.6% |
| Taxes, remuneration and social security | 45 | €14,192 | €42,007 | +€27,815 | +196% |
| Taxes | 450/3 | €5,135 | €34,358 | +€29,224 | +569% |
| Remuneration and social security | 454/9 | €9,057 | €7,648 | -€1,409 | -15.6% |
| Other amounts payable | 47/48 | €4,793 | €9,159 | +€4,365 | +91.1% |
| Accrued charges and deferred income | 492/3 | €3,541 | - | -€3,541 | |
| Non-recurring operating income | 76A | - | €26,468 | +€26,468 | |
| Remuneration, social security and pensions | 62 | €144,443 | €119,707 | -€24,736 | -17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,096 | €5,526 | +€430 | +8.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €25,000 | - | -€25,000 | |
| Other operating charges | 640/8 | €1,485 | €2,328 | +€842 | +56.7% |
| Gross operating margin | 9900 | €190,710 | €248,730 | +€58,020 | +30.4% |
| Operating profit (loss) | 9901 | €14,686 | €121,170 | +€106,484 | +725% |
| Financial charges | 65/66B | €3,943 | €4,220 | +€277 | +7.0% |
| Recurring financial charges | 65 | €3,943 | €4,220 | +€277 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €10,743 | €116,950 | +€106,207 | +989% |
| Income taxes | 67/77 | €2,564 | €31,794 | +€29,230 | +1,140% |
| Profit (loss) for the period | 9904 | €8,179 | €85,156 | +€76,977 | +941% |
| Profit (loss) for the period to be appropriated | 9905 | €8,179 | €85,156 | +€76,977 | +941% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.