DG 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.
DG Engineering
Largest movements
- Cash -€55,661
down €55,661 (-68.7%), from €81,001 to €25,340
mainly Accrued charges and deferred income (-€76,411) and Debts after one year (-€59,914)
- Stocks and contracts +€41,785
up €41,785 (+34.3%), from €121,660 to €163,445
- Deferred charges and accrued income -€26,882
down €26,882 (-81.5%), from €32,980 to €6,098
- Tangible fixed assets -€26,666
down €26,666 (-11.3%), from €236,451 to €209,784
- Receivables within one year +€24,435
up €24,435 (+37.5%), from €65,234 to €89,669
of which Trade receivables: +€24,788
- Accrued charges and deferred income -€76,411
down €76,411 (-95.0%), from €80,422 to €4,011
- Debts after one year -€59,914
down €59,914 (-27.2%), from €220,243 to €160,328
- Other debts +€46,918
up €46,918 (+89.2%), from €52,592 to €99,511
- Trade debts +€46,001
up €46,001 (+60.0%), from €76,652 to €122,653
- Short-term financial debts -€15,000
down €15,000 (-15.0%), from €100,000 to €85,000
of which Other loans: -€15,000
- Gross operating margin +€182,243
up €182,243 (+158.7%), from €114,838 to €297,081
- Staff costs +€86,944
up €86,944 (+82.0%), from €106,056 to €193,000
- Depreciation +€33,685
up €33,685 (+81.5%), from €41,329 to €75,014
- Financial charges +€11,951
up €11,951 (+132.2%), from €9,039 to €20,991
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 | €634,870 | €587,118 | -€47,752 | -7.5% |
| Fixed assets | 21/28 | €333,995 | €302,566 | -€31,429 | -9.4% |
| Intangible fixed assets | 21 | €97,544 | €92,782 | -€4,763 | -4.9% |
| Tangible fixed assets | 22/27 | €236,451 | €209,784 | -€26,666 | -11.3% |
| Land and buildings | 22 | €1,123 | €859 | -€265 | -23.6% |
| Plant, machinery and equipment | 23 | €118,176 | €109,617 | -€8,559 | -7.2% |
| Furniture and vehicles | 24 | €31,230 | €24,587 | -€6,643 | -21.3% |
| Leasing and similar rights | 25 | €27,588 | €21,123 | -€6,464 | -23.4% |
| Other tangible fixed assets | 26 | €58,334 | €53,599 | -€4,735 | -8.1% |
| Current assets | 29/58 | €300,875 | €284,552 | -€16,323 | -5.4% |
| Stocks and contracts in progress | 3 | €121,660 | €163,445 | +€41,785 | +34.3% |
| Stocks | 30/36 | €121,660 | €163,445 | +€41,785 | +34.3% |
| Amounts receivable within one year | 40/41 | €65,234 | €89,669 | +€24,435 | +37.5% |
| Trade receivables | 40 | €64,546 | €89,335 | +€24,788 | +38.4% |
| Other amounts receivable | 41 | €688 | €335 | -€353 | -51.4% |
| Cash at bank and in hand | 54/58 | €81,001 | €25,340 | -€55,661 | -68.7% |
| Deferred charges and accrued income | 490/1 | €32,980 | €6,098 | -€26,882 | -81.5% |
| Total equity and liabilities | 10/49 | €634,870 | €587,118 | -€47,752 | -7.5% |
| Equity | 10/15 | -€19,106 | -€12,420 | +€6,686 | +35.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,106 | -€37,420 | +€6,686 | +15.2% |
| Amounts payable | 17/49 | €653,976 | €599,538 | -€54,438 | -8.3% |
| Amounts payable after more than one year | 17 | €220,243 | €160,328 | -€59,914 | -27.2% |
| Financial debts | 170/4 | €220,243 | €160,328 | -€59,914 | -27.2% |
| Amounts payable within one year | 42/48 | €353,311 | €435,198 | +€81,887 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €85,079 | €88,872 | +€3,792 | +4.5% |
| Financial debts | 43 | €100,000 | €85,000 | -€15,000 | -15.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Other loans | 439 | €50,000 | €35,000 | -€15,000 | -30.0% |
| Trade debts | 44 | €76,652 | €122,653 | +€46,001 | +60.0% |
| Suppliers | 440/4 | €76,652 | €122,653 | +€46,001 | +60.0% |
| Taxes, remuneration and social security | 45 | €38,987 | €39,163 | +€176 | +0.5% |
| Taxes | 450/3 | €30,733 | €24,790 | -€5,943 | -19.3% |
| Remuneration and social security | 454/9 | €8,254 | €14,372 | +€6,118 | +74.1% |
| Other amounts payable | 47/48 | €52,592 | €99,511 | +€46,918 | +89.2% |
| Accrued charges and deferred income | 492/3 | €80,422 | €4,011 | -€76,411 | -95.0% |
| Remuneration, social security and pensions | 62 | €106,056 | €193,000 | +€86,944 | +82.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,329 | €75,014 | +€33,685 | +81.5% |
| Other operating charges | 640/8 | €3,043 | €2,684 | -€359 | -11.8% |
| Gross operating margin | 9900 | €114,838 | €297,081 | +€182,243 | +158.7% |
| Operating profit (loss) | 9901 | -€35,591 | €26,382 | +€61,973 | |
| Financial income | 75/76B | €524 | €2,238 | +€1,714 | +327.2% |
| Recurring financial income | 75 | €524 | €2,238 | +€1,714 | +327.2% |
| Financial charges | 65/66B | €9,039 | €20,991 | +€11,951 | +132.2% |
| Recurring financial charges | 65 | €9,039 | €20,991 | +€11,951 | +132.2% |
| Profit (loss) for the period before taxes | 9903 | -€44,106 | €7,630 | +€51,736 | |
| Income taxes | 67/77 | - | €944 | +€944 | |
| Profit (loss) for the period | 9904 | -€44,106 | €6,686 | +€50,792 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,106 | €6,686 | +€50,792 |
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.