E2T 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.
E2T Engineering
Largest movements
- Cash -€4,639
down €4,639 (-64.1%), from €7,235 to €2,596
mainly Net result for the year (-€13,070) and Receivables within one year (-€3,563)
- Receivables within one year +€3,563
up €3,563 (+19.1%), from €18,659 to €22,222
of which Trade receivables: +€1,912
- Tangible fixed assets -€1,367
down €1,367 (-66.4%), from €2,059 to €693
- Profit (loss) carried forward -€13,070
down €13,070 (-11.8%), from -€110,395 to -€123,465
- Other debts +€5,852
up €5,852 (+5.1%), from €114,313 to €120,166
- Trade debts +€4,638
up €4,638 (+353.2%), from €1,313 to €5,951
- Gross operating margin -€24,186
down €24,186, from €14,189 to -€9,997
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 | €51,215 | €48,594 | -€2,621 | -5.1% |
| Fixed assets | 21/28 | €2,059 | €693 | -€1,367 | -66.4% |
| Tangible fixed assets | 22/27 | €2,059 | €693 | -€1,367 | -66.4% |
| Furniture and vehicles | 24 | €2,059 | €693 | -€1,367 | -66.4% |
| Current assets | 29/58 | €49,156 | €47,901 | -€1,254 | -2.6% |
| Stocks and contracts in progress | 3 | €22,500 | €22,500 | = | 0.0% |
| Stocks | 30/36 | €17,500 | €17,500 | = | 0.0% |
| Contracts in progress | 37 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,659 | €22,222 | +€3,563 | +19.1% |
| Trade receivables | 40 | €18,659 | €20,571 | +€1,912 | +10.2% |
| Other amounts receivable | 41 | - | €1,651 | +€1,651 | |
| Cash at bank and in hand | 54/58 | €7,235 | €2,596 | -€4,639 | -64.1% |
| Deferred charges and accrued income | 490/1 | €762 | €584 | -€179 | -23.4% |
| Total equity and liabilities | 10/49 | €51,215 | €48,594 | -€2,621 | -5.1% |
| Equity | 10/15 | -€89,944 | -€103,014 | -€13,070 | -14.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€110,395 | -€123,465 | -€13,070 | -11.8% |
| Amounts payable | 17/49 | €141,159 | €151,608 | +€10,449 | +7.4% |
| Amounts payable after more than one year | 17 | €24,789 | €24,789 | = | 0.0% |
| Financial debts | 170/4 | €24,789 | €24,789 | = | 0.0% |
| Amounts payable within one year | 42/48 | €116,370 | €126,819 | +€10,449 | +9.0% |
| Trade debts | 44 | €1,313 | €5,951 | +€4,638 | +353.2% |
| Suppliers | 440/4 | €1,313 | €5,951 | +€4,638 | +353.2% |
| Taxes, remuneration and social security | 45 | €743 | €702 | -€41 | -5.5% |
| Taxes | 450/3 | €743 | €702 | -€41 | -5.5% |
| Other amounts payable | 47/48 | €114,313 | €120,166 | +€5,852 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,367 | €1,367 | = | 0.0% |
| Other operating charges | 640/8 | €1,336 | €1,366 | +€30 | +2.3% |
| Gross operating margin | 9900 | €14,189 | -€9,997 | -€24,186 | |
| Operating profit (loss) | 9901 | €11,486 | -€12,730 | -€24,216 | |
| Financial charges | 65/66B | €72 | €69 | -€2 | -3.3% |
| Recurring financial charges | 65 | €72 | €69 | -€2 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €11,415 | -€12,799 | -€24,214 | |
| Income taxes | 67/77 | €253 | €271 | +€18 | +7.0% |
| Profit (loss) for the period | 9904 | €11,161 | -€13,070 | -€24,231 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,161 | -€13,070 | -€24,231 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.