B2 Engineering: 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.
B2 Engineering
Largest movements
- Cash -€26,048
down €26,048 (-16.1%), from €162,194 to €136,147
mainly Other debts (-€150,000) and Debts after one year (-€7,480)
- Receivables within one year +€4,919
up €4,919 (+20.9%), from €23,566 to €28,485
of which Other amounts receivable: +€18,970
- Other debts -€150,000
no longer reported in 2025 (was €150,000)
- Profit (loss) carried forward +€130,628
up €130,628 (+53.3%), from €244,942 to €375,570
- Debts after one year -€7,480
no longer reported in 2025 (was €7,480)
- Gross operating margin -€25,529
down €25,529 (-21.6%), from €118,427 to €92,898
- Financial income +€6,989
up €6,989 (+12.1%), from €57,661 to €64,651
- Taxes -€6,330
down €6,330 (-21.9%), from €28,894 to €22,564
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 | €431,788 | €409,136 | -€22,652 | -5.2% |
| Fixed assets | 21/28 | €244,126 | €243,230 | -€896 | -0.4% |
| Tangible fixed assets | 22/27 | €19,938 | €19,042 | -€896 | -4.5% |
| Land and buildings | 22 | - | €2,888 | +€2,888 | |
| Plant, machinery and equipment | 23 | €4,693 | €2,815 | -€1,877 | -40.0% |
| Furniture and vehicles | 24 | €15,245 | €13,339 | -€1,906 | -12.5% |
| Financial fixed assets | 28 | €224,188 | €224,188 | = | 0.0% |
| Current assets | 29/58 | €187,663 | €165,906 | -€21,756 | -11.6% |
| Amounts receivable within one year | 40/41 | €23,566 | €28,485 | +€4,919 | +20.9% |
| Trade receivables | 40 | €14,051 | - | -€14,051 | |
| Other amounts receivable | 41 | €9,516 | €28,485 | +€18,970 | +199% |
| Cash at bank and in hand | 54/58 | €162,194 | €136,147 | -€26,048 | -16.1% |
| Deferred charges and accrued income | 490/1 | €1,902 | €1,274 | -€628 | -33.0% |
| Total equity and liabilities | 10/49 | €431,788 | €409,136 | -€22,652 | -5.2% |
| Equity | 10/15 | €265,402 | €396,030 | +€130,628 | +49.2% |
| 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 | €244,942 | €375,570 | +€130,628 | +53.3% |
| Amounts payable | 17/49 | €166,386 | €13,106 | -€153,280 | -92.1% |
| Amounts payable after more than one year | 17 | €7,480 | - | -€7,480 | |
| Financial debts | 170/4 | €7,480 | - | -€7,480 | |
| Amounts payable within one year | 42/48 | €158,906 | €13,106 | -€145,800 | -91.8% |
| Trade debts | 44 | €465 | €1,400 | +€935 | +201% |
| Suppliers | 440/4 | €465 | €1,400 | +€935 | +201% |
| Taxes, remuneration and social security | 45 | €8,441 | €11,706 | +€3,266 | +38.7% |
| Taxes | 450/3 | €8,441 | €9,906 | +€1,466 | +17.4% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €150,000 | - | -€150,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,784 | €4,052 | +€268 | +7.1% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €118,427 | €92,898 | -€25,529 | -21.6% |
| Operating profit (loss) | 9901 | €114,526 | €88,726 | -€25,799 | -22.5% |
| Financial income | 75/76B | €57,661 | €64,651 | +€6,989 | +12.1% |
| Recurring financial income | 75 | €57,661 | €64,651 | +€6,989 | +12.1% |
| Financial charges | 65/66B | €405 | €185 | -€220 | -54.4% |
| Recurring financial charges | 65 | €405 | €185 | -€220 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | €171,782 | €153,192 | -€18,590 | -10.8% |
| Income taxes | 67/77 | €28,894 | €22,564 | -€6,330 | -21.9% |
| Profit (loss) for the period | 9904 | €142,888 | €130,628 | -€12,260 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €142,888 | €130,628 | -€12,260 | -8.6% |
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 18 October 2026 via checked.be.