DE MUYNCK 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.
DE MUYNCK ENGINEERING
Largest movements
- Current investments -€35,776
down €35,776 (-6.7%), from €535,776 to €500,000
- Cash -€32,090
down €32,090 (-14.2%), from €226,660 to €194,570
mainly Tax, wage and social debts (-€151,747) and Receivables within one year (-€16,265)
- Tangible fixed assets -€26,108
down €26,108 (-3.5%), from €735,859 to €709,751
of which Land and buildings: -€24,586
- Receivables within one year +€16,265
up €16,265, from €0 to €16,265
of which Other amounts receivable: +€15,511
- Tax, wage and social debts -€151,747
down €151,747 (-84.0%), from €180,614 to €28,867
of which Taxes: -€148,325
- Reserves +€48,199
up €48,199 (+4.2%), from €1.2m to €1.2m
of which Distributable reserves: +€48,199
- Other debts +€37,904
up €37,904 (+38.4%), from €98,685 to €136,589
- Taxes -€176,356
down €176,356 (-88.5%), from €199,219 to €22,863
- Gross operating margin -€22,805
down €22,805 (-9.3%), from €244,449 to €221,643
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 | €1,498,294 | €1,432,476 | -€65,819 | -4.4% |
| Fixed assets | 21/28 | €735,859 | €709,751 | -€26,108 | -3.5% |
| Tangible fixed assets | 22/27 | €735,859 | €709,751 | -€26,108 | -3.5% |
| Land and buildings | 22 | €729,462 | €704,876 | -€24,586 | -3.4% |
| Plant, machinery and equipment | 23 | €3,188 | €2,507 | -€681 | -21.4% |
| Furniture and vehicles | 24 | €3,208 | €2,368 | -€840 | -26.2% |
| Current assets | 29/58 | €762,436 | €722,724 | -€39,711 | -5.2% |
| Amounts receivable within one year | 40/41 | €0 | €16,265 | +€16,265 | |
| Trade receivables | 40 | - | €754 | +€754 | |
| Other amounts receivable | 41 | €0 | €15,511 | +€15,511 | |
| Current investments | 50/53 | €535,776 | €500,000 | -€35,776 | -6.7% |
| Cash at bank and in hand | 54/58 | €226,660 | €194,570 | -€32,090 | -14.2% |
| Deferred charges and accrued income | 490/1 | - | €11,890 | +€11,890 | |
| Total equity and liabilities | 10/49 | €1,498,294 | €1,432,476 | -€65,819 | -4.4% |
| Equity | 10/15 | €1,218,664 | €1,266,863 | +€48,199 | +4.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,156,664 | €1,204,863 | +€48,199 | +4.2% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €1,156,664 | €1,204,863 | +€48,199 | +4.2% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €279,631 | €165,613 | -€114,018 | -40.8% |
| Amounts payable within one year | 42/48 | €279,631 | €165,591 | -€114,039 | -40.8% |
| Trade debts | 44 | €331 | €136 | -€196 | -59.1% |
| Suppliers | 440/4 | €331 | €136 | -€196 | -59.1% |
| Taxes, remuneration and social security | 45 | €180,614 | €28,867 | -€151,747 | -84.0% |
| Taxes | 450/3 | €169,301 | €20,976 | -€148,325 | -87.6% |
| Remuneration and social security | 454/9 | €11,313 | €7,891 | -€3,422 | -30.3% |
| Other amounts payable | 47/48 | €98,685 | €136,589 | +€37,904 | +38.4% |
| Accrued charges and deferred income | 492/3 | - | €21 | +€21 | |
| Remuneration, social security and pensions | 62 | €131,020 | €128,933 | -€2,087 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,645 | €26,108 | +€463 | +1.8% |
| Other operating charges | 640/8 | €8,383 | €9,405 | +€1,022 | +12.2% |
| Gross operating margin | 9900 | €244,449 | €221,643 | -€22,805 | -9.3% |
| Operating profit (loss) | 9901 | €79,401 | €57,197 | -€22,203 | -28.0% |
| Financial income | 75/76B | €14,500 | €13,912 | -€589 | -4.1% |
| Recurring financial income | 75 | €14,500 | €13,912 | -€589 | -4.1% |
| Financial charges | 65/66B | €41 | €47 | +€6 | +14.6% |
| Recurring financial charges | 65 | €41 | €47 | +€6 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €93,860 | €71,062 | -€22,798 | -24.3% |
| Transfer from deferred taxes | 780 | €128,012 | €0 | -€128,012 | -100% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €199,219 | €22,863 | -€176,356 | -88.5% |
| Profit (loss) for the period | 9904 | €22,653 | €48,199 | +€25,547 | +113% |
| Transfer from tax-exempt reserves | 789 | €384,035 | €0 | -€384,035 | -100% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €406,688 | €48,199 | -€358,488 | -88.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.