6M-engineering: what changed
Two fiscal 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.
6M-engineering
Largest movements
- Cash +€118,579
up €118,579 (+333.1%), from €35,601 to €154,180
mainly Net result for the year (+€87,492) and Tax, wage and social debts (+€26,063)
- Tangible fixed assets -€5,027
down €5,027 (-22.4%), from €22,455 to €17,428
- Reserves +€87,492
up €87,492 (+291.1%), from €30,054 to €117,546
- Tax, wage and social debts +€26,063
up €26,063 (+111.8%), from €23,311 to €49,374
- Gross operating margin +€86,484
up €86,484 (+184.4%), from €46,908 to €133,392
- Taxes +€24,461
up €24,461 (+198.5%), from €12,324 to €36,786
- Depreciation +€6,121
up €6,121 (+223.0%), from €2,745 to €8,866
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 | €58,610 | €172,210 | +€113,600 | +193.8% |
| Fixed assets | 21/28 | €22,455 | €17,428 | -€5,027 | -22.4% |
| Tangible fixed assets | 22/27 | €22,455 | €17,428 | -€5,027 | -22.4% |
| Furniture and vehicles | 24 | €22,455 | €17,428 | -€5,027 | -22.4% |
| Current assets | 29/58 | €36,155 | €154,781 | +€118,626 | +328.1% |
| Amounts receivable within one year | 40/41 | €5 | €0 | -€5 | -100.0% |
| Trade receivables | 40 | €5 | €0 | -€5 | -100.0% |
| Cash at bank and in hand | 54/58 | €35,601 | €154,180 | +€118,579 | +333.1% |
| Deferred charges and accrued income | 490/1 | €549 | €602 | +€52 | +9.5% |
| Total equity and liabilities | 10/49 | €58,610 | €172,210 | +€113,600 | +193.8% |
| Equity | 10/15 | €35,054 | €122,546 | +€87,492 | +249.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,054 | €117,546 | +€87,492 | +291.1% |
| Distributable reserves | 133 | €30,054 | €117,546 | +€87,492 | +291.1% |
| Amounts payable | 17/49 | €23,556 | €49,664 | +€26,108 | +110.8% |
| Amounts payable within one year | 42/48 | €23,552 | €49,650 | +€26,098 | +110.8% |
| Trade debts | 44 | - | €75 | +€75 | |
| Suppliers | 440/4 | - | €75 | +€75 | |
| Taxes, remuneration and social security | 45 | €23,311 | €49,374 | +€26,063 | +111.8% |
| Taxes | 450/3 | €23,311 | €49,374 | +€26,063 | +111.8% |
| Other amounts payable | 47/48 | €241 | €201 | -€40 | -16.5% |
| Accrued charges and deferred income | 492/3 | €4 | €14 | +€10 | +235.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,745 | €8,866 | +€6,121 | +223.0% |
| Other operating charges | 640/8 | €1,773 | €1,005 | -€768 | -43.3% |
| Gross operating margin | 9900 | €46,908 | €133,392 | +€86,484 | +184.4% |
| Operating profit (loss) | 9901 | €42,390 | €123,521 | +€81,131 | +191.4% |
| Financial income | 75/76B | - | €807 | +€807 | |
| Recurring financial income | 75 | - | €807 | +€807 | |
| Financial charges | 65/66B | €12 | €50 | +€38 | +303.6% |
| Recurring financial charges | 65 | €12 | €50 | +€38 | +303.6% |
| Profit (loss) for the period before taxes | 9903 | €42,378 | €124,278 | +€81,900 | +193.3% |
| Income taxes | 67/77 | €12,324 | €36,786 | +€24,461 | +198.5% |
| Profit (loss) for the period | 9904 | €30,054 | €87,492 | +€57,438 | +191.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,054 | €87,492 | +€57,438 | +191.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.