L'ENTREPOTE: 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'ENTREPOTE
Largest movements
- Tangible fixed assets +€233,572
up €233,572 (+104.8%), from €222,794 to €456,366
of which Land and buildings: +€258,341
- Cash +€37,932
up €37,932 (+692.9%), from €5,475 to €43,407
mainly Other debts (+€290,211) and Depreciation (+€46,129)
- Other debts +€290,211
up €290,211 (+147.1%), from €197,225 to €487,436
- Debts after one year -€15,554
down €15,554 (-7.7%), from €201,260 to €185,706
- Tax, wage and social debts +€11,299
up €11,299 (+303.5%), from €3,723 to €15,022
of which Taxes: +€6,073
- Investment grants -€5,262
down €5,262 (-37.5%), from €14,029 to €8,767
- Gross operating margin +€66,494
up €66,494 (+292.5%), from €22,732 to €89,226
- Other operating charges +€35,804
up €35,804 (+642.4%), from €5,573 to €41,377
- Staff costs +€3,483
new in 2025: €3,483
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 | €247,050 | €522,860 | +€275,810 | +111.6% |
| Fixed assets | 21/28 | €222,794 | €456,366 | +€233,572 | +104.8% |
| Tangible fixed assets | 22/27 | €222,794 | €456,366 | +€233,572 | +104.8% |
| Land and buildings | 22 | €141,969 | €400,310 | +€258,341 | +182.0% |
| Plant, machinery and equipment | 23 | €80,825 | €52,277 | -€28,549 | -35.3% |
| Furniture and vehicles | 24 | - | €3,779 | +€3,779 | |
| Current assets | 29/58 | €24,255 | €66,493 | +€42,238 | +174.1% |
| Amounts receivable within one year | 40/41 | €18,781 | €23,086 | +€4,306 | +22.9% |
| Trade receivables | 40 | €16,741 | €23,086 | +€6,345 | +37.9% |
| Other amounts receivable | 41 | €2,039 | - | -€2,039 | |
| Cash at bank and in hand | 54/58 | €5,475 | €43,407 | +€37,932 | +692.9% |
| Total equity and liabilities | 10/49 | €247,050 | €522,860 | +€275,810 | +111.6% |
| Equity | 10/15 | -€175,005 | -€181,564 | -€6,559 | -3.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€229,034 | -€230,331 | -€1,297 | -0.6% |
| Investment grants | 15 | €14,029 | €8,767 | -€5,262 | -37.5% |
| Amounts payable | 17/49 | €422,054 | €704,423 | +€282,369 | +66.9% |
| Amounts payable after more than one year | 17 | €201,260 | €185,706 | -€15,554 | -7.7% |
| Financial debts | 170/4 | €201,260 | €185,706 | -€15,554 | -7.7% |
| Amounts payable within one year | 42/48 | €220,794 | €518,718 | +€297,923 | +134.9% |
| Current portion of amounts payable after more than one year | 42 | €15,260 | €15,554 | +€294 | +1.9% |
| Trade debts | 44 | €4,586 | €705 | -€3,881 | -84.6% |
| Suppliers | 440/4 | €4,586 | €705 | -€3,881 | -84.6% |
| Taxes, remuneration and social security | 45 | €3,723 | €15,022 | +€11,299 | +303.5% |
| Taxes | 450/3 | €2,948 | €9,022 | +€6,073 | +206.0% |
| Remuneration and social security | 454/9 | €774 | €6,000 | +€5,226 | +674.9% |
| Other amounts payable | 47/48 | €197,225 | €487,436 | +€290,211 | +147.1% |
| Remuneration, social security and pensions | 62 | - | €3,483 | +€3,483 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,358 | €46,129 | +€771 | +1.7% |
| Other operating charges | 640/8 | €5,573 | €41,377 | +€35,804 | +642.4% |
| Gross operating margin | 9900 | €22,732 | €89,226 | +€66,494 | +292.5% |
| Operating profit (loss) | 9901 | -€28,200 | -€1,763 | +€26,437 | +93.7% |
| Financial income | 75/76B | €5,262 | €5,264 | +€2 | 0.0% |
| Recurring financial income | 75 | €5,262 | €5,264 | +€2 | 0.0% |
| Financial charges | 65/66B | €4,802 | €4,798 | -€3 | -0.1% |
| Recurring financial charges | 65 | €4,802 | €4,798 | -€3 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€27,739 | -€1,297 | +€26,442 | +95.3% |
| Profit (loss) for the period | 9904 | -€27,739 | -€1,297 | +€26,442 | +95.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,739 | -€1,297 | +€26,442 | +95.3% |
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 10 October 2026 via checked.be.