Eng X: 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.
Eng X
Largest movements
- Current investments +€88,855
new in 2025: €88,855
- Cash +€61,029
up €61,029 (+48.2%), from €126,656 to €187,685
mainly Net result for the year (+€118,971) and Tax, wage and social debts (+€34,296)
- Receivables within one year +€7,944
up €7,944 (+39.6%), from €20,039 to €27,983
of which Trade receivables: +€7,613
- Profit (loss) carried forward +€118,971
up €118,971 (+123.3%), from €96,504 to €215,474
- Tax, wage and social debts +€34,296
up €34,296 (+138.2%), from €24,822 to €59,119
- Trade debts +€7,792
up €7,792 (+431.3%), from €1,807 to €9,598
- Gross operating margin +€41,013
up €41,013 (+35.8%), from €114,507 to €155,520
- Taxes +€10,435
up €10,435 (+43.6%), from €23,958 to €34,392
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 | €147,926 | €308,559 | +€160,633 | +108.6% |
| Fixed assets | 21/28 | €1,231 | €4,028 | +€2,797 | +227.2% |
| Tangible fixed assets | 22/27 | €1,231 | €4,028 | +€2,797 | +227.2% |
| Plant, machinery and equipment | 23 | €1,231 | €1,560 | +€329 | +26.7% |
| Other tangible fixed assets | 26 | - | €2,469 | +€2,469 | |
| Current assets | 29/58 | €146,695 | €304,531 | +€157,836 | +107.6% |
| Amounts receivable within one year | 40/41 | €20,039 | €27,983 | +€7,944 | +39.6% |
| Trade receivables | 40 | €19,469 | €27,082 | +€7,613 | +39.1% |
| Other amounts receivable | 41 | €570 | €902 | +€332 | +58.2% |
| Current investments | 50/53 | - | €88,855 | +€88,855 | |
| Cash at bank and in hand | 54/58 | €126,656 | €187,685 | +€61,029 | +48.2% |
| Deferred charges and accrued income | 490/1 | - | €8 | +€8 | |
| Total equity and liabilities | 10/49 | €147,926 | €308,559 | +€160,633 | +108.6% |
| Equity | 10/15 | €99,504 | €218,474 | +€118,971 | +119.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,504 | €215,474 | +€118,971 | +123.3% |
| Amounts payable | 17/49 | €48,422 | €90,085 | +€41,663 | +86.0% |
| Amounts payable within one year | 42/48 | €48,422 | €90,085 | +€41,663 | +86.0% |
| Trade debts | 44 | €1,807 | €9,598 | +€7,792 | +431.3% |
| Suppliers | 440/4 | €1,807 | €9,598 | +€7,792 | +431.3% |
| Taxes, remuneration and social security | 45 | €24,822 | €59,119 | +€34,296 | +138.2% |
| Taxes | 450/3 | €24,822 | €59,119 | +€34,296 | +138.2% |
| Other amounts payable | 47/48 | €21,793 | €21,368 | -€426 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €324 | €772 | +€447 | +138.0% |
| Other operating charges | 640/8 | €1,174 | €890 | -€284 | -24.2% |
| Gross operating margin | 9900 | €114,507 | €155,520 | +€41,013 | +35.8% |
| Operating profit (loss) | 9901 | €113,009 | €153,858 | +€40,849 | +36.1% |
| Financial income | 75/76B | €144 | €0 | -€144 | -100.0% |
| Recurring financial income | 75 | €144 | €0 | -€144 | -100.0% |
| Financial charges | 65/66B | €414 | €496 | +€82 | +19.8% |
| Recurring financial charges | 65 | €414 | €496 | +€82 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €112,740 | €153,363 | +€40,623 | +36.0% |
| Income taxes | 67/77 | €23,958 | €34,392 | +€10,435 | +43.6% |
| Profit (loss) for the period | 9904 | €88,782 | €118,971 | +€30,188 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €88,782 | €118,971 | +€30,188 | +34.0% |
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 7 October 2026 via checked.be.