AE+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.
AE+Engineering
Largest movements
- Receivables within one year +€218,301
up €218,301 (+62.1%), from €351,422 to €569,723
of which Trade receivables: +€176,051
- Cash +€134,217
up €134,217 (+428.8%), from €31,298 to €165,516
mainly Net result for the year (+€561,737) and Trade debts (+€81,424)
- Current investments +€75,479
up €75,479 (+8.1%), from €930,625 to €1.0m
- Tangible fixed assets -€29,501
down €29,501 (-10.0%), from €294,802 to €265,301
of which Land and buildings: -€17,562
- Reserves +€246,237
up €246,237 (+28.2%), from €873,401 to €1.1m
- Trade debts +€81,424
up €81,424 (+58.7%), from €138,642 to €220,066
- Other debts +€64,140
up €64,140 (+25.5%), from €251,360 to €315,500
- Tax, wage and social debts +€20,829
up €20,829 (+8.5%), from €244,820 to €265,649
of which Remuneration and social security: +€73,080
- Gross operating margin +€322,472
up €322,472 (+18.4%), from €1.8m to €2.1m
- Staff costs +€230,373
up €230,373 (+21.2%), from €1.1m to €1.3m
- Other operating charges +€22,726
up €22,726 (+534.4%), from €4,253 to €26,979
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 | €1,687,002 | €2,080,875 | +€393,874 | +23.3% |
| Fixed assets | 21/28 | €294,802 | €275,301 | -€19,501 | -6.6% |
| Tangible fixed assets | 22/27 | €294,802 | €265,301 | -€29,501 | -10.0% |
| Land and buildings | 22 | €254,776 | €237,215 | -€17,562 | -6.9% |
| Plant, machinery and equipment | 23 | €616 | €4,421 | +€3,805 | +617.7% |
| Furniture and vehicles | 24 | €39,409 | €23,665 | -€15,744 | -40.0% |
| Financial fixed assets | 28 | - | €10,000 | +€10,000 | |
| Current assets | 29/58 | €1,392,200 | €1,805,574 | +€413,375 | +29.7% |
| Amounts receivable within one year | 40/41 | €351,422 | €569,723 | +€218,301 | +62.1% |
| Trade receivables | 40 | €318,637 | €494,688 | +€176,051 | +55.3% |
| Other amounts receivable | 41 | €32,785 | €75,035 | +€42,250 | +128.9% |
| Current investments | 50/53 | €930,625 | €1,006,103 | +€75,479 | +8.1% |
| Cash at bank and in hand | 54/58 | €31,298 | €165,516 | +€134,217 | +428.8% |
| Deferred charges and accrued income | 490/1 | €78,855 | €64,233 | -€14,622 | -18.5% |
| Total equity and liabilities | 10/49 | €1,687,002 | €2,080,875 | +€393,874 | +23.3% |
| Equity | 10/15 | €879,601 | €1,125,838 | +€246,237 | +28.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €873,401 | €1,119,638 | +€246,237 | +28.2% |
| Distributable reserves | 133 | €873,401 | €1,119,638 | +€246,237 | +28.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €807,400 | €955,037 | +€147,637 | +18.3% |
| Amounts payable after more than one year | 17 | €117,322 | €97,377 | -€19,945 | -17.0% |
| Financial debts | 170/4 | €117,322 | €97,377 | -€19,945 | -17.0% |
| Amounts payable within one year | 42/48 | €654,578 | €821,160 | +€166,582 | +25.4% |
| Current portion of amounts payable after more than one year | 42 | €19,756 | €19,945 | +€189 | +1.0% |
| Trade debts | 44 | €138,642 | €220,066 | +€81,424 | +58.7% |
| Suppliers | 440/4 | €138,642 | €220,066 | +€81,424 | +58.7% |
| Taxes, remuneration and social security | 45 | €244,820 | €265,649 | +€20,829 | +8.5% |
| Taxes | 450/3 | €109,420 | €57,169 | -€52,251 | -47.8% |
| Remuneration and social security | 454/9 | €135,401 | €208,480 | +€73,080 | +54.0% |
| Other amounts payable | 47/48 | €251,360 | €315,500 | +€64,140 | +25.5% |
| Accrued charges and deferred income | 492/3 | €35,500 | €36,500 | +€1,000 | +2.8% |
| Non-recurring operating income | 76A | €677 | €3,620 | +€2,943 | +435.1% |
| Remuneration, social security and pensions | 62 | €1,087,426 | €1,317,800 | +€230,373 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,860 | €39,823 | +€963 | +2.5% |
| Other operating charges | 640/8 | €4,253 | €26,979 | +€22,726 | +534.4% |
| Non-recurring operating charges | 66A | €0 | €7,078 | +€7,078 | |
| Gross operating margin | 9900 | €1,756,811 | €2,079,283 | +€322,472 | +18.4% |
| Operating profit (loss) | 9901 | €626,272 | €687,604 | +€61,332 | +9.8% |
| Financial income | 75/76B | €11,097 | €15,449 | +€4,351 | +39.2% |
| Recurring financial income | 75 | €11,097 | €15,449 | +€4,351 | +39.2% |
| Financial charges | 65/66B | €3,206 | €3,095 | -€112 | -3.5% |
| Recurring financial charges | 65 | €3,206 | €3,095 | -€112 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €634,163 | €699,958 | +€65,795 | +10.4% |
| Income taxes | 67/77 | €139,793 | €138,222 | -€1,571 | -1.1% |
| Profit (loss) for the period | 9904 | €494,370 | €561,737 | +€67,366 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €494,370 | €561,737 | +€67,366 | +13.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.