BA 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.
BA Engineering
Largest movements
- Deferred charges and accrued income +€27,240
up €27,240 (+617.4%), from €4,412 to €31,651
- Tangible fixed assets +€22,363
up €22,363 (+5601.4%), from €399 to €22,763
of which Other tangible fixed assets: +€22,763
- Receivables within one year +€21,583
up €21,583 (+10.6%), from €204,180 to €225,763
of which Trade receivables: +€54,254
- Cash +€4,703
up €4,703 (+209.1%), from €2,249 to €6,952
mainly Net result for the year (+€53,976) and Trade debts (+€31,358)
- Reserves +€53,976
up €53,976 (+53.4%), from €100,991 to €154,967
- Trade debts +€31,358
up €31,358 (+108.3%), from €28,951 to €60,309
- Debts after one year -€16,509
down €16,509 (-71.7%), from €23,031 to €6,522
- Tax, wage and social debts +€5,893
up €5,893 (+12.2%), from €48,286 to €54,179
of which Taxes: +€3,204
- Short-term financial debts +€5,500
up €5,500, from €0 to €5,500
- Financial charges -€8,038
down €8,038 (-83.8%), from €9,592 to €1,554
- Gross operating margin -€3,075
down €3,075 (-4.1%), from €75,213 to €72,138
- Taxes +€1,779
up €1,779 (+8.5%), from €21,004 to €22,783
- Other operating charges -€877
down €877 (-89.2%), from €983 to €106
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 | €235,240 | €311,130 | +€75,889 | +32.3% |
| Fixed assets | 21/28 | €399 | €22,763 | +€22,363 | +5601.4% |
| Tangible fixed assets | 22/27 | €399 | €22,763 | +€22,363 | +5601.4% |
| Furniture and vehicles | 24 | €399 | €0 | -€399 | -100.0% |
| Other tangible fixed assets | 26 | - | €22,763 | +€22,763 | |
| Current assets | 29/58 | €234,841 | €288,367 | +€53,526 | +22.8% |
| Amounts receivable after more than one year | 29 | €24,000 | €24,000 | = | 0.0% |
| Other amounts receivable | 291 | €24,000 | €24,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €204,180 | €225,763 | +€21,583 | +10.6% |
| Trade receivables | 40 | €68,731 | €122,986 | +€54,254 | +78.9% |
| Other amounts receivable | 41 | €135,449 | €102,778 | -€32,671 | -24.1% |
| Cash at bank and in hand | 54/58 | €2,249 | €6,952 | +€4,703 | +209.1% |
| Deferred charges and accrued income | 490/1 | €4,412 | €31,651 | +€27,240 | +617.4% |
| Total equity and liabilities | 10/49 | €235,240 | €311,130 | +€75,889 | +32.3% |
| Equity | 10/15 | €113,391 | €167,367 | +€53,976 | +47.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €100,991 | €154,967 | +€53,976 | +53.4% |
| Distributable reserves | 133 | €100,991 | €154,967 | +€53,976 | +53.4% |
| Amounts payable | 17/49 | €121,849 | €143,762 | +€21,913 | +18.0% |
| Amounts payable after more than one year | 17 | €23,031 | €6,522 | -€16,509 | -71.7% |
| Financial debts | 170/4 | €23,031 | €6,522 | -€16,509 | -71.7% |
| Amounts payable within one year | 42/48 | €98,075 | €137,240 | +€39,165 | +39.9% |
| Current portion of amounts payable after more than one year | 42 | €20,838 | €17,251 | -€3,587 | -17.2% |
| Financial debts | 43 | €0 | €5,500 | +€5,500 | |
| Credit institutions | 430/8 | €0 | €5,500 | +€5,500 | |
| Trade debts | 44 | €28,951 | €60,309 | +€31,358 | +108.3% |
| Suppliers | 440/4 | €28,951 | €60,309 | +€31,358 | +108.3% |
| Taxes, remuneration and social security | 45 | €48,286 | €54,179 | +€5,893 | +12.2% |
| Taxes | 450/3 | €48,286 | €51,490 | +€3,204 | +6.6% |
| Remuneration and social security | 454/9 | - | €2,689 | +€2,689 | |
| Accrued charges and deferred income | 492/3 | €743 | €0 | -€743 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €842 | €412 | -€430 | -51.1% |
| Other operating charges | 640/8 | €983 | €106 | -€877 | -89.2% |
| Gross operating margin | 9900 | €75,213 | €72,138 | -€3,075 | -4.1% |
| Operating profit (loss) | 9901 | €73,388 | €71,620 | -€1,768 | -2.4% |
| Financial income | 75/76B | €7,209 | €6,692 | -€517 | -7.2% |
| Recurring financial income | 75 | €7,209 | €6,692 | -€517 | -7.2% |
| Financial charges | 65/66B | €9,592 | €1,554 | -€8,038 | -83.8% |
| Recurring financial charges | 65 | €9,592 | €1,554 | -€8,038 | -83.8% |
| Profit (loss) for the period before taxes | 9903 | €71,006 | €76,759 | +€5,753 | +8.1% |
| Income taxes | 67/77 | €21,004 | €22,783 | +€1,779 | +8.5% |
| Profit (loss) for the period | 9904 | €50,002 | €53,976 | +€3,974 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €50,002 | €53,976 | +€3,974 | +7.9% |
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 7 October 2026 via checked.be.