Envise Development: 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.
Envise Development
Largest movements
- Receivables within one year +€29,560
up €29,560 (+34.5%), from €85,589 to €115,148
of which Other amounts receivable: +€29,716
- Cash -€4,419
no longer reported in 2025 (was €4,419)
mainly Receivables within one year (-€29,560) and Tax, wage and social debts (-€1,399)
- Tangible fixed assets +€2,164
up €2,164 (+542%), from €399 to €2,563
of which Furniture and vehicles: +€1,597
- Financial fixed assets -€1,700
down €1,700 (-66.7%), from €2,550 to €850
- Reserves +€14,221
up €14,221 (+22.9%), from €62,165 to €76,386
- Profit (loss) carried forward +€9,072
new in 2025: €9,072
- Trade debts +€3,711
up €3,711 (+283%), from €1,313 to €5,024
- Tax, wage and social debts -€1,399
down €1,399 (-5.2%), from €27,114 to €25,715
- Gross operating margin -€8,957
down €8,957 (-20.4%), from €43,843 to €34,886
- Taxes -€2,405
down €2,405 (-19.0%), from €12,690 to €10,284
- Other operating charges -€985
down €985 (-72.9%), from €1,352 to €366
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 | €93,042 | €118,647 | +€25,605 | +27.5% |
| Fixed assets | 21/28 | €2,949 | €3,413 | +€464 | +15.7% |
| Tangible fixed assets | 22/27 | €399 | €2,563 | +€2,164 | +542% |
| Plant, machinery and equipment | 23 | €399 | €966 | +€567 | +142% |
| Furniture and vehicles | 24 | - | €1,597 | +€1,597 | |
| Financial fixed assets | 28 | €2,550 | €850 | -€1,700 | -66.7% |
| Current assets | 29/58 | €90,093 | €115,234 | +€25,141 | +27.9% |
| Amounts receivable within one year | 40/41 | €85,589 | €115,148 | +€29,560 | +34.5% |
| Trade receivables | 40 | €24,019 | €23,862 | -€156 | -0.6% |
| Other amounts receivable | 41 | €61,570 | €91,286 | +€29,716 | +48.3% |
| Cash at bank and in hand | 54/58 | €4,419 | - | -€4,419 | |
| Deferred charges and accrued income | 490/1 | €86 | €86 | = | 0.0% |
| Total equity and liabilities | 10/49 | €93,042 | €118,647 | +€25,605 | +27.5% |
| Equity | 10/15 | €63,765 | €87,058 | +€23,293 | +36.5% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Reserves | 13 | €62,165 | €76,386 | +€14,221 | +22.9% |
| Distributable reserves | 133 | €62,165 | €76,386 | +€14,221 | +22.9% |
| Profit (loss) carried forward | 14 | - | €9,072 | +€9,072 | |
| Amounts payable | 17/49 | €29,277 | €31,589 | +€2,312 | +7.9% |
| Amounts payable within one year | 42/48 | €28,427 | €30,739 | +€2,312 | +8.1% |
| Trade debts | 44 | €1,313 | €5,024 | +€3,711 | +283% |
| Suppliers | 440/4 | €1,313 | €5,024 | +€3,711 | +283% |
| Taxes, remuneration and social security | 45 | €27,114 | €25,715 | -€1,399 | -5.2% |
| Taxes | 450/3 | €27,114 | €25,715 | -€1,399 | -5.2% |
| Accrued charges and deferred income | 492/3 | €850 | €850 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €526 | €454 | -€72 | -13.6% |
| Other operating charges | 640/8 | €1,352 | €366 | -€985 | -72.9% |
| Gross operating margin | 9900 | €43,843 | €34,886 | -€8,957 | -20.4% |
| Operating profit (loss) | 9901 | €41,966 | €34,065 | -€7,900 | -18.8% |
| Financial charges | 65/66B | €430 | €488 | +€59 | +13.7% |
| Recurring financial charges | 65 | €430 | €488 | +€59 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €41,536 | €33,577 | -€7,959 | -19.2% |
| Income taxes | 67/77 | €12,690 | €10,284 | -€2,405 | -19.0% |
| Profit (loss) for the period | 9904 | €28,847 | €23,293 | -€5,554 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,847 | €23,293 | -€5,554 | -19.3% |
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 24 October 2026 via checked.be.