BORREMANS 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.
BORREMANS ENGINEERING
Largest movements
- Stocks and contracts -€7,598
down €7,598 (-30.3%), from €25,084 to €17,486
- Cash +€5,108
up €5,108 (+12.3%), from €41,442 to €46,551
mainly Stocks and contracts (+€7,598) and Depreciation (+€5,557)
- Tangible fixed assets -€5,057
down €5,057 (-23.7%), from €21,364 to €16,306
of which Furniture and vehicles: -€4,923
- Deferred charges and accrued income -€2,971
down €2,971 (-78.0%), from €3,809 to €838
- Receivables within one year +€1,488
up €1,488 (+236.1%), from €630 to €2,118
of which Trade receivables: +€1,488
- Trade debts -€5,884
down €5,884 (-96.2%), from €6,117 to €233
- Advances received -€4,985
down €4,985 (-100.0%), from €4,985 to €0
- Tax, wage and social debts +€1,472
up €1,472 (+119.0%), from €1,237 to €2,709
- Depreciation +€1,864
up €1,864 (+50.5%), from €3,693 to €5,557
- Gross operating margin +€1,147
up €1,147 (+25.0%), from €4,589 to €5,735
- Other operating charges -€500
down €500 (-66.6%), from €751 to €251
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 | €93,769 | €84,238 | -€9,531 | -10.2% |
| Fixed assets | 21/28 | €22,804 | €17,246 | -€5,557 | -24.4% |
| Intangible fixed assets | 21 | €1,440 | €940 | -€500 | -34.7% |
| Tangible fixed assets | 22/27 | €21,364 | €16,306 | -€5,057 | -23.7% |
| Plant, machinery and equipment | 23 | €135 | €0 | -€135 | -100.0% |
| Furniture and vehicles | 24 | €21,229 | €16,306 | -€4,923 | -23.2% |
| Current assets | 29/58 | €70,965 | €66,992 | -€3,974 | -5.6% |
| Stocks and contracts in progress | 3 | €25,084 | €17,486 | -€7,598 | -30.3% |
| Stocks | 30/36 | €25,084 | €17,486 | -€7,598 | -30.3% |
| Amounts receivable within one year | 40/41 | €630 | €2,118 | +€1,488 | +236.1% |
| Trade receivables | 40 | €630 | €2,118 | +€1,488 | +236.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €41,442 | €46,551 | +€5,108 | +12.3% |
| Deferred charges and accrued income | 490/1 | €3,809 | €838 | -€2,971 | -78.0% |
| Total equity and liabilities | 10/49 | €93,769 | €84,238 | -€9,531 | -10.2% |
| Equity | 10/15 | €40,553 | €40,419 | -€134 | -0.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €553 | €419 | -€134 | -24.2% |
| Non-distributable reserves | 130/1 | €206 | €206 | = | 0.0% |
| Reserves not available under the articles | 1311 | €206 | €206 | = | 0.0% |
| Distributable reserves | 133 | €347 | €213 | -€134 | -38.6% |
| Amounts payable | 17/49 | €53,216 | €43,819 | -€9,397 | -17.7% |
| Amounts payable within one year | 42/48 | €52,339 | €42,942 | -€9,397 | -18.0% |
| Trade debts | 44 | €6,117 | €233 | -€5,884 | -96.2% |
| Suppliers | 440/4 | €6,117 | €233 | -€5,884 | -96.2% |
| Advances received on contracts in progress | 46 | €4,985 | €0 | -€4,985 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,237 | €2,709 | +€1,472 | +119.0% |
| Taxes | 450/3 | €1,237 | €2,709 | +€1,472 | +119.0% |
| Other amounts payable | 47/48 | €40,000 | €40,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €877 | €877 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,693 | €5,557 | +€1,864 | +50.5% |
| Other operating charges | 640/8 | €751 | €251 | -€500 | -66.6% |
| Gross operating margin | 9900 | €4,589 | €5,735 | +€1,147 | +25.0% |
| Operating profit (loss) | 9901 | €144 | -€73 | -€217 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €58 | €61 | +€4 | +6.2% |
| Recurring financial charges | 65 | €58 | €61 | +€4 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €86 | -€134 | -€220 | |
| Profit (loss) for the period | 9904 | €86 | -€134 | -€220 | |
| Profit (loss) for the period to be appropriated | 9905 | €86 | -€134 | -€220 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.