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ENGASU: 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.

What changed

ENGASU

BE 0899.346.683
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€4,457
2023 · -€17,483+€21,940
Equity
€1.0m
2023 · €1.0m+€4,457
Cash
€672,994
2023 · €4,930+€668,065
Balance sheet total
€5.1m
2023 · €5.1m-€58,860

Largest movements

2023 to 2024
Assets
  • Current investments -€725,371

    down €725,371 (-14.2%), from €5.1m to €4.4m

  • Cash +€668,065

    up €668,065 (+13552.1%), from €4,930 to €672,994

    mainly Current investments (+€725,371) and Net result for the year (+€4,457)

Equity and liabilities
  • Tax, wage and social debts -€56,788

    no longer reported in 2024 (was €56,788)

Income statement
  • Financial income +€158,048

    up €158,048 (+81.3%), from €194,338 to €352,386

  • Financial charges +€138,934

    up €138,934 (+74.2%), from €187,234 to €326,167

  • Taxes -€2,085

    no longer reported in 2024 (was €2,085)

  • Gross operating margin +€950

    up €950 (+4.2%), from -€22,502 to -€21,553

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€17,483
Gross operating margin +€950
Other operating charges -€209
Financial income +€158,048
Financial charges -€138,934
Taxes +€2,085
Result 2024 €4,457

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€57,306
Investment +€725,371
Financing €0
Cash 2023 €4,930
Net result for the year +€4,457
Receivables within one year +€1,554
Tax, wage and social debts -€56,788
Accrued charges and deferred income -€6,529
Current investments +€725,371
Cash 2024 €672,994
Every line side by side 33 lines
Line Code 2023 2024 Change %
Total assets 20/58 €5,121,797 €5,062,937 -€58,860 -1.1%
Current assets 29/58 €5,121,797 €5,062,937 -€58,860 -1.1%
Amounts receivable within one year 40/41 €5,166 €3,613 -€1,554 -30.1%
Other amounts receivable 41 €5,166 €3,613 -€1,554 -30.1%
Current investments 50/53 €5,111,701 €4,386,330 -€725,371 -14.2%
Cash at bank and in hand 54/58 €4,930 €672,994 +€668,065 +13552.1%
Total equity and liabilities 10/49 €5,121,797 €5,062,937 -€58,860 -1.1%
Equity 10/15 €1,010,738 €1,015,195 +€4,457 +0.4%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €992,138 €996,595 +€4,457 +0.4%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €990,278 €994,735 +€4,457 +0.5%
Amounts payable 17/49 €4,111,059 €4,047,742 -€63,316 -1.5%
Amounts payable within one year 42/48 €4,073,121 €4,016,333 -€56,788 -1.4%
Financial debts 43 €4,000,000 €4,000,000 = 0.0%
Credit institutions 430/8 €4,000,000 €4,000,000 = 0.0%
Trade debts 44 €16,333 €16,333 = 0.0%
Suppliers 440/4 €16,333 €16,333 = 0.0%
Taxes, remuneration and social security 45 €56,788 - -€56,788
Taxes 450/3 €56,788 - -€56,788
Accrued charges and deferred income 492/3 €37,938 €31,409 -€6,529 -17.2%
Other operating charges 640/8 - €209 +€209
Gross operating margin 9900 -€22,502 -€21,553 +€950 +4.2%
Operating profit (loss) 9901 -€22,502 -€21,762 +€741 +3.3%
Financial income 75/76B €194,338 €352,386 +€158,048 +81.3%
Recurring financial income 75 €194,338 €352,386 +€158,048 +81.3%
Financial charges 65/66B €187,234 €326,167 +€138,934 +74.2%
Recurring financial charges 65 €187,234 €326,167 +€138,934 +74.2%
Profit (loss) for the period before taxes 9903 -€15,398 €4,457 +€19,855
Income taxes 67/77 €2,085 - -€2,085
Profit (loss) for the period 9904 -€17,483 €4,457 +€21,940
Profit (loss) for the period to be appropriated 9905 -€17,483 €4,457 +€21,940

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.