WE ENJOY: 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.
WE ENJOY
Largest movements
- Current investments -€9,234
down €9,234 (-49.4%), from €18,693 to €9,458
- Cash -€6,244
down €6,244 (-30.1%), from €20,769 to €14,525
mainly Contributions, distributions and other (-€42,701) and Other debts (-€19,901)
- Receivables within one year -€3,913
down €3,913 (-15.7%), from €24,880 to €20,968
of which Trade receivables: -€3,248
- Tangible fixed assets -€2,484
down €2,484 (-25.5%), from €9,736 to €7,252
of which Furniture and vehicles: -€2,258
- Deferred charges and accrued income +€1,041
up €1,041 (+22.6%), from €4,607 to €5,648
- Other debts -€19,901
down €19,901 (-88.4%), from €22,503 to €2,603
- Tax, wage and social debts -€2,491
down €2,491 (-18.0%), from €13,830 to €11,339
- Accrued charges and deferred income +€2,133
new in 2025: €2,133
- Gross operating margin +€15,818
up €15,818 (+35.7%), from €44,330 to €60,148
- Taxes +€3,395
up €3,395 (+39.3%), from €8,636 to €12,030
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 | €81,387 | €61,003 | -€20,385 | -25.0% |
| Fixed assets | 21/28 | €9,936 | €7,502 | -€2,434 | -24.5% |
| Tangible fixed assets | 22/27 | €9,736 | €7,252 | -€2,484 | -25.5% |
| Land and buildings | 22 | €2,157 | €1,931 | -€226 | -10.5% |
| Furniture and vehicles | 24 | €7,579 | €5,321 | -€2,258 | -29.8% |
| Financial fixed assets | 28 | €200 | €250 | +€50 | +25.0% |
| Current assets | 29/58 | €71,451 | €53,500 | -€17,951 | -25.1% |
| Stocks and contracts in progress | 3 | €2,502 | €2,902 | +€400 | +16.0% |
| Stocks | 30/36 | €2,502 | €2,902 | +€400 | +16.0% |
| Amounts receivable within one year | 40/41 | €24,880 | €20,968 | -€3,913 | -15.7% |
| Trade receivables | 40 | €21,575 | €18,327 | -€3,248 | -15.1% |
| Other amounts receivable | 41 | €3,305 | €2,640 | -€665 | -20.1% |
| Current investments | 50/53 | €18,693 | €9,458 | -€9,234 | -49.4% |
| Cash at bank and in hand | 54/58 | €20,769 | €14,525 | -€6,244 | -30.1% |
| Deferred charges and accrued income | 490/1 | €4,607 | €5,648 | +€1,041 | +22.6% |
| Total equity and liabilities | 10/49 | €81,387 | €61,003 | -€20,385 | -25.0% |
| Equity | 10/15 | €40,937 | €40,937 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,477 | €20,477 | = | 0.0% |
| Amounts payable | 17/49 | €40,450 | €20,065 | -€20,385 | -50.4% |
| Amounts payable within one year | 42/48 | €40,450 | €17,933 | -€22,518 | -55.7% |
| Financial debts | 43 | €1,511 | €972 | -€539 | -35.7% |
| Credit institutions | 430/8 | €1,511 | €972 | -€539 | -35.7% |
| Trade debts | 44 | €2,606 | €3,019 | +€413 | +15.8% |
| Suppliers | 440/4 | €2,606 | €3,019 | +€413 | +15.8% |
| Taxes, remuneration and social security | 45 | €13,830 | €11,339 | -€2,491 | -18.0% |
| Taxes | 450/3 | €13,830 | €11,339 | -€2,491 | -18.0% |
| Other amounts payable | 47/48 | €22,503 | €2,603 | -€19,901 | -88.4% |
| Accrued charges and deferred income | 492/3 | - | €2,133 | +€2,133 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,772 | €4,317 | +€545 | +14.5% |
| Other operating charges | 640/8 | €799 | €628 | -€171 | -21.4% |
| Gross operating margin | 9900 | €44,330 | €60,148 | +€15,818 | +35.7% |
| Operating profit (loss) | 9901 | €39,759 | €55,203 | +€15,444 | +38.8% |
| Financial income | 75/76B | €112 | €84 | -€27 | -24.6% |
| Recurring financial income | 75 | €112 | €84 | -€27 | -24.6% |
| Financial charges | 65/66B | €632 | €556 | -€76 | -12.0% |
| Recurring financial charges | 65 | €632 | €556 | -€76 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €39,239 | €54,731 | +€15,492 | +39.5% |
| Income taxes | 67/77 | €8,636 | €12,030 | +€3,395 | +39.3% |
| Profit (loss) for the period | 9904 | €30,603 | €42,701 | +€12,098 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,603 | €42,701 | +€12,098 | +39.5% |
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 20 October 2026 via checked.be.