ENGAJI: 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.
ENGAJI
Largest movements
- Tangible fixed assets -€26,277
down €26,277 (-2.8%), from €953,511 to €927,234
- Debts after one year -€41,719
down €41,719 (-12.9%), from €322,967 to €281,248
- Current portion of long-term debt +€21,062
new in 2025: €21,062
- Depreciation +€11,596
up €11,596 (+79.0%), from €14,681 to €26,277
- Gross operating margin -€4,701
down €4,701 (-16.2%), from €29,037 to €24,336
- Financial charges -€2,666
down €2,666 (-20.5%), from €13,008 to €10,342
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.
Derived cash bridge
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 | €957,736 | €928,106 | -€29,630 | -3.1% |
| Fixed assets | 21/28 | €953,511 | €927,234 | -€26,277 | -2.8% |
| Tangible fixed assets | 22/27 | €953,511 | €927,234 | -€26,277 | -2.8% |
| Land and buildings | 22 | €953,511 | €927,234 | -€26,277 | -2.8% |
| Current assets | 29/58 | €4,225 | €872 | -€3,353 | -79.4% |
| Amounts receivable within one year | 40/41 | - | €872 | +€872 | |
| Other amounts receivable | 41 | - | €872 | +€872 | |
| Cash at bank and in hand | 54/58 | €4,225 | €0 | -€4,225 | -100% |
| Total equity and liabilities | 10/49 | €957,736 | €928,106 | -€29,630 | -3.1% |
| Equity | 10/15 | €3,241 | -€10,924 | -€14,166 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €7,895 | €0 | -€7,895 | -100% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100% |
| Distributable reserves | 133 | €6,036 | €0 | -€6,036 | -100% |
| Profit (loss) carried forward | 14 | -€29,654 | -€35,924 | -€6,271 | -21.1% |
| Amounts payable | 17/49 | €954,494 | €939,030 | -€15,464 | -1.6% |
| Amounts payable after more than one year | 17 | €322,967 | €281,248 | -€41,719 | -12.9% |
| Financial debts | 170/4 | €322,967 | €281,248 | -€41,719 | -12.9% |
| Amounts payable within one year | 42/48 | €631,528 | €653,947 | +€22,419 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | - | €21,062 | +€21,062 | |
| Trade debts | 44 | - | €197 | +€197 | |
| Suppliers | 440/4 | - | €197 | +€197 | |
| Other amounts payable | 47/48 | €631,528 | €632,687 | +€1,160 | +0.2% |
| Accrued charges and deferred income | 492/3 | - | €3,835 | +€3,835 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,681 | €26,277 | +€11,596 | +79.0% |
| Other operating charges | 640/8 | €1,827 | €1,883 | +€56 | +3.1% |
| Gross operating margin | 9900 | €29,037 | €24,336 | -€4,701 | -16.2% |
| Operating profit (loss) | 9901 | €12,530 | -€3,824 | -€16,354 | |
| Financial charges | 65/66B | €13,008 | €10,342 | -€2,666 | -20.5% |
| Recurring financial charges | 65 | €13,008 | €10,342 | -€2,666 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | -€478 | -€14,166 | -€13,688 | -2,863% |
| Profit (loss) for the period | 9904 | -€478 | -€14,166 | -€13,688 | -2,863% |
| Profit (loss) for the period to be appropriated | 9905 | -€478 | -€14,166 | -€13,688 | -2,863% |
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 14 October 2026 via checked.be.