E B L 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.
E B L Engineering
Largest movements
- Current investments +€18,000
up €18,000 (+4.1%), from €440,000 to €458,000
- Cash +€17,739
up €17,739 (+37.1%), from €47,854 to €65,593
mainly Other debts (+€39,863) and Net result for the year (+€12,215)
- Receivables within one year +€13,911
up €13,911 (+45.3%), from €30,692 to €44,603
of which Trade receivables: +€9,438
- Other debts +€39,863
up €39,863 (+17.9%), from €222,671 to €262,534
- Reserves +€11,000
up €11,000 (+15.2%), from €72,470 to €83,470
- Gross operating margin -€19,338
down €19,338 (-42.9%), from €45,055 to €25,717
- Taxes -€6,863
down €6,863 (-60.0%), from €11,442 to €4,579
- Financial charges +€1,916
up €1,916 (+12.6%), from €15,201 to €17,117
- Financial income -€1,828
down €1,828 (-15.7%), from €11,609 to €9,781
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 | €529,564 | €573,894 | +€44,330 | +8.4% |
| Fixed assets | 21/28 | €2,419 | €1,375 | -€1,044 | -43.2% |
| Tangible fixed assets | 22/27 | €2,419 | €1,375 | -€1,044 | -43.2% |
| Furniture and vehicles | 24 | €2,419 | €1,375 | -€1,044 | -43.2% |
| Current assets | 29/58 | €527,145 | €572,519 | +€45,374 | +8.6% |
| Stocks and contracts in progress | 3 | €189 | - | -€189 | |
| Stocks | 30/36 | €189 | - | -€189 | |
| Amounts receivable within one year | 40/41 | €30,692 | €44,603 | +€13,911 | +45.3% |
| Trade receivables | 40 | €26,136 | €35,574 | +€9,438 | +36.1% |
| Other amounts receivable | 41 | €4,556 | €9,029 | +€4,473 | +98.2% |
| Current investments | 50/53 | €440,000 | €458,000 | +€18,000 | +4.1% |
| Cash at bank and in hand | 54/58 | €47,854 | €65,593 | +€17,739 | +37.1% |
| Deferred charges and accrued income | 490/1 | €8,410 | €4,323 | -€4,087 | -48.6% |
| Total equity and liabilities | 10/49 | €529,564 | €573,894 | +€44,330 | +8.4% |
| Equity | 10/15 | €285,555 | €297,770 | +€12,215 | +4.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €72,470 | €83,470 | +€11,000 | +15.2% |
| Distributable reserves | 133 | €72,470 | €83,470 | +€11,000 | +15.2% |
| Profit (loss) carried forward | 14 | €200,685 | €201,900 | +€1,215 | +0.6% |
| Amounts payable | 17/49 | €244,009 | €276,124 | +€32,115 | +13.2% |
| Amounts payable within one year | 42/48 | €239,846 | €274,894 | +€35,048 | +14.6% |
| Trade debts | 44 | €1,815 | €1,143 | -€672 | -37.0% |
| Suppliers | 440/4 | €1,815 | €1,143 | -€672 | -37.0% |
| Taxes, remuneration and social security | 45 | €15,360 | €11,217 | -€4,143 | -27.0% |
| Taxes | 450/3 | €15,360 | €11,217 | -€4,143 | -27.0% |
| Other amounts payable | 47/48 | €222,671 | €262,534 | +€39,863 | +17.9% |
| Accrued charges and deferred income | 492/3 | €4,163 | €1,230 | -€2,933 | -70.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,043 | €1,043 | = | 0.0% |
| Other operating charges | 640/8 | €546 | €544 | -€2 | -0.4% |
| Gross operating margin | 9900 | €45,055 | €25,717 | -€19,338 | -42.9% |
| Operating profit (loss) | 9901 | €43,466 | €24,130 | -€19,336 | -44.5% |
| Financial income | 75/76B | €11,609 | €9,781 | -€1,828 | -15.7% |
| Recurring financial income | 75 | €11,609 | €9,781 | -€1,828 | -15.7% |
| Financial charges | 65/66B | €15,201 | €17,117 | +€1,916 | +12.6% |
| Recurring financial charges | 65 | €15,201 | €17,117 | +€1,916 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €39,874 | €16,794 | -€23,080 | -57.9% |
| Income taxes | 67/77 | €11,442 | €4,579 | -€6,863 | -60.0% |
| Profit (loss) for the period | 9904 | €28,432 | €12,215 | -€16,217 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,432 | €12,215 | -€16,217 | -57.0% |
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 6 October 2026 via checked.be.