L'Entrefaite: 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.
L'Entrefaite
Largest movements
- Cash +€262,991
up €262,991 (+19.9%), from €1.3m to €1.6m
mainly Accrued charges and deferred income (+€188,965) and Debts within one year (+€85,297)
- Receivables within one year +€37,604
up €37,604 (+10.4%), from €361,380 to €398,984
of which Other amounts receivable: +€42,480
- Tangible fixed assets -€29,047
down €29,047 (-23.4%), from €123,975 to €94,928
of which Furniture and vehicles: -€33,249
- Accrued charges and deferred income +€188,965
up €188,965 (+545%), from €34,679 to €223,644
- Debts within one year +€85,297
up €85,297 (+6.4%), from €1.3m to €1.4m
of which Tax, wage and social debts: +€71,590
- Staff costs +€204,346
up €204,346 (+5.9%), from €3.5m to €3.7m
- Gross operating margin +€140,679
up €140,679 (+3.9%), from €3.6m to €3.7m
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 | €1,845,989 | €2,123,665 | +€277,676 | +15.0% |
| Fixed assets | 21/28 | €124,495 | €95,448 | -€29,047 | -23.3% |
| Tangible fixed assets | 22/27 | €123,975 | €94,928 | -€29,047 | -23.4% |
| Plant, machinery and equipment | 23 | €18,855 | €23,057 | +€4,202 | +22.3% |
| Furniture and vehicles | 24 | €105,120 | €71,871 | -€33,249 | -31.6% |
| Financial fixed assets | 28 | €520 | €520 | = | 0.0% |
| Current assets | 29/58 | €1,721,494 | €2,028,217 | +€306,723 | +17.8% |
| Amounts receivable within one year | 40/41 | €361,380 | €398,984 | +€37,604 | +10.4% |
| Trade receivables | 40 | €4,876 | - | -€4,876 | |
| Other amounts receivable | 41 | €356,504 | €398,984 | +€42,480 | +11.9% |
| Cash at bank and in hand | 54/58 | €1,322,563 | €1,585,554 | +€262,991 | +19.9% |
| Deferred charges and accrued income | 490/1 | €37,551 | €43,679 | +€6,128 | +16.3% |
| Total equity and liabilities | 10/49 | €1,845,989 | €2,123,665 | +€277,676 | +15.0% |
| Equity | 10/15 | €466,038 | €473,373 | +€7,335 | +1.6% |
| Contributions | 10/11 | €54,908 | €54,908 | = | 0.0% |
| Capital | 10 | €54,908 | €54,908 | = | 0.0% |
| Profit (loss) carried forward | 14 | €377,730 | €392,665 | +€14,935 | +4.0% |
| Investment grants | 15 | €33,400 | €25,800 | -€7,600 | -22.8% |
| Amounts payable | 17/49 | €1,379,951 | €1,650,292 | +€270,341 | +19.6% |
| Amounts payable after more than one year | 17 | €14,126 | €10,205 | -€3,921 | -27.8% |
| Financial debts | 170/4 | €14,126 | €10,205 | -€3,921 | -27.8% |
| Amounts payable within one year | 42/48 | €1,331,146 | €1,416,443 | +€85,297 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €6,595 | €3,922 | -€2,673 | -40.5% |
| Financial debts | 43 | - | €15 | +€15 | |
| Credit institutions | 430/8 | - | €15 | +€15 | |
| Trade debts | 44 | €24,622 | €40,824 | +€16,202 | +65.8% |
| Suppliers | 440/4 | €24,622 | €40,824 | +€16,202 | +65.8% |
| Taxes, remuneration and social security | 45 | €503,479 | €575,069 | +€71,590 | +14.2% |
| Taxes | 450/3 | €89,651 | €93,415 | +€3,764 | +4.2% |
| Remuneration and social security | 454/9 | €413,828 | €481,654 | +€67,826 | +16.4% |
| Accrued charges and deferred income | 492/3 | €34,679 | €223,644 | +€188,965 | +545% |
| Non-recurring operating income | 76A | €5,522 | €6 | -€5,516 | -99.9% |
| Remuneration, social security and pensions | 62 | €3,470,078 | €3,674,424 | +€204,346 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,236 | €38,447 | -€7,789 | -16.8% |
| Other operating charges | 640/8 | €7,362 | €7,502 | +€140 | +1.9% |
| Non-recurring operating charges | 66A | €26,705 | €1,931 | -€24,774 | -92.8% |
| Gross operating margin | 9900 | €3,593,553 | €3,734,232 | +€140,679 | +3.9% |
| Operating profit (loss) | 9901 | €43,172 | €11,928 | -€31,244 | -72.4% |
| Financial income | 75/76B | €15,999 | €4,929 | -€11,070 | -69.2% |
| Recurring financial income | 75 | €2,770 | €3,229 | +€459 | +16.6% |
| Non-recurring financial income | 76B | €13,229 | €1,700 | -€11,529 | -87.1% |
| Financial charges | 65/66B | €1,206 | €1,922 | +€716 | +59.4% |
| Recurring financial charges | 65 | €1,206 | €1,922 | +€716 | +59.4% |
| Profit (loss) for the period before taxes | 9903 | €57,965 | €14,935 | -€43,030 | -74.2% |
| Profit (loss) for the period | 9904 | €57,965 | €14,935 | -€43,030 | -74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,965 | €14,935 | -€43,030 | -74.2% |
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 13 October 2026 via checked.be.