Engaging Heroes: 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.
Engaging Heroes
Largest movements
- Deferred charges and accrued income +€17,445
up €17,445 (+42968.4%), from €41 to €17,486
- Receivables within one year +€6,214
up €6,214 (+31.0%), from €20,041 to €26,255
of which Trade receivables: +€3,306
- Tangible fixed assets +€4,794
up €4,794 (+94.5%), from €5,073 to €9,867
of which Plant, machinery and equipment: +€2,659
- Current investments +€3,073
new in 2025: €3,073
- Cash +€2,217
up €2,217 (+4.4%), from €50,097 to €52,313
mainly Net result for the year (+€82,909) and Depreciation (+€4,296)
- Profit (loss) carried forward +€49,092
up €49,092, from -€49,092 to €0
- Current portion of long-term debt -€39,717
down €39,717 (-100.0%), from €39,717 to €0
- Reserves +€33,818
new in 2025: €33,818
- Other debts -€14,156
down €14,156 (-26.6%), from €53,137 to €38,981
- Accrued charges and deferred income +€3,794
up €3,794 (+647.8%), from €586 to €4,380
- Gross operating margin +€36,491
up €36,491 (+49.9%), from €73,140 to €109,631
- Taxes +€16,139
up €16,139 (+3134.3%), from €515 to €16,653
- Financial charges +€5,296
up €5,296 (+3564.2%), from €149 to €5,445
- Depreciation +€2,180
up €2,180 (+103.0%), from €2,116 to €4,296
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 | €75,252 | €108,994 | +€33,742 | +44.8% |
| Fixed assets | 21/28 | €5,073 | €9,867 | +€4,794 | +94.5% |
| Tangible fixed assets | 22/27 | €5,073 | €9,867 | +€4,794 | +94.5% |
| Plant, machinery and equipment | 23 | - | €2,659 | +€2,659 | |
| Furniture and vehicles | 24 | €5,073 | €7,208 | +€2,135 | +42.1% |
| Current assets | 29/58 | €70,178 | €99,127 | +€28,948 | +41.2% |
| Amounts receivable within one year | 40/41 | €20,041 | €26,255 | +€6,214 | +31.0% |
| Trade receivables | 40 | €20,025 | €23,331 | +€3,306 | +16.5% |
| Other amounts receivable | 41 | €16 | €2,924 | +€2,907 | +17924.4% |
| Current investments | 50/53 | - | €3,073 | +€3,073 | |
| Cash at bank and in hand | 54/58 | €50,097 | €52,313 | +€2,217 | +4.4% |
| Deferred charges and accrued income | 490/1 | €41 | €17,486 | +€17,445 | +42968.4% |
| Total equity and liabilities | 10/49 | €75,252 | €108,994 | +€33,742 | +44.8% |
| Equity | 10/15 | -€30,542 | €52,368 | +€82,909 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | - | €33,818 | +€33,818 | |
| Distributable reserves | 133 | - | €33,818 | +€33,818 | |
| Profit (loss) carried forward | 14 | -€49,092 | €0 | +€49,092 | |
| Amounts payable | 17/49 | €105,793 | €56,626 | -€49,167 | -46.5% |
| Amounts payable within one year | 42/48 | €105,208 | €52,246 | -€52,961 | -50.3% |
| Current portion of amounts payable after more than one year | 42 | €39,717 | €0 | -€39,717 | -100.0% |
| Trade debts | 44 | €1,339 | €4,155 | +€2,817 | +210.4% |
| Suppliers | 440/4 | €1,339 | €4,155 | +€2,817 | +210.4% |
| Taxes, remuneration and social security | 45 | €11,015 | €9,110 | -€1,905 | -17.3% |
| Taxes | 450/3 | €8,536 | €6,353 | -€2,182 | -25.6% |
| Remuneration and social security | 454/9 | €2,479 | €2,757 | +€277 | +11.2% |
| Other amounts payable | 47/48 | €53,137 | €38,981 | -€14,156 | -26.6% |
| Accrued charges and deferred income | 492/3 | €586 | €4,380 | +€3,794 | +647.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,116 | €4,296 | +€2,180 | +103.0% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €73,140 | €109,631 | +€36,491 | +49.9% |
| Operating profit (loss) | 9901 | €70,511 | €104,807 | +€34,296 | +48.6% |
| Financial income | 75/76B | €92 | €200 | +€108 | +117.6% |
| Recurring financial income | 75 | €92 | €200 | +€108 | +117.6% |
| Financial charges | 65/66B | €149 | €5,445 | +€5,296 | +3564.2% |
| Recurring financial charges | 65 | €149 | €5,445 | +€5,296 | +3564.2% |
| Profit (loss) for the period before taxes | 9903 | €70,454 | €99,563 | +€29,108 | +41.3% |
| Income taxes | 67/77 | €515 | €16,653 | +€16,139 | +3134.3% |
| Profit (loss) for the period | 9904 | €69,940 | €82,909 | +€12,970 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €69,940 | €82,909 | +€12,970 | +18.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.