ENGEKAM: 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.
ENGEKAM
Largest movements
- Cash +€77,548
up €77,548 (+21.9%), from €353,846 to €431,394
mainly Net result for the year (+€83,047) and Depreciation (+€786)
- Reserves +€82,000
up €82,000 (+25.8%), from €318,000 to €400,000
- Turnover +€31,429
up €31,429 (+18.9%), from €165,938 to €197,367
- Gross operating margin +€14,319
up €14,319 (+15.6%), from €91,671 to €105,990
- Taxes -€3,644
down €3,644 (-15.0%), from €24,305 to €20,662
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 | €370,465 | €449,525 | +€79,060 | +21.3% |
| Fixed assets | 21/28 | €1,373 | €2,239 | +€866 | +63.1% |
| Tangible fixed assets | 22/27 | €1,373 | €2,239 | +€866 | +63.1% |
| Furniture and vehicles | 24 | €1,373 | €2,239 | +€866 | +63.1% |
| Current assets | 29/58 | €369,092 | €447,286 | +€78,194 | +21.2% |
| Amounts receivable within one year | 40/41 | €15,246 | €15,892 | +€646 | +4.2% |
| Trade receivables | 40 | €15,246 | €15,892 | +€646 | +4.2% |
| Cash at bank and in hand | 54/58 | €353,846 | €431,394 | +€77,548 | +21.9% |
| Total equity and liabilities | 10/49 | €370,465 | €449,525 | +€79,060 | +21.3% |
| Equity | 10/15 | €322,785 | €405,832 | +€83,047 | +25.7% |
| Reserves | 13 | €318,000 | €400,000 | +€82,000 | +25.8% |
| Distributable reserves | 133 | €318,000 | €400,000 | +€82,000 | +25.8% |
| Profit (loss) carried forward | 14 | €4,785 | €5,832 | +€1,047 | +21.9% |
| Amounts payable | 17/49 | €47,680 | €43,694 | -€3,986 | -8.4% |
| Amounts payable within one year | 42/48 | €47,680 | €43,694 | -€3,986 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €12,000 | = | 0.0% |
| Trade debts | 44 | €411 | €165 | -€246 | -59.8% |
| Suppliers | 440/4 | €411 | €165 | -€246 | -59.8% |
| Taxes, remuneration and social security | 45 | €33,145 | €30,448 | -€2,697 | -8.1% |
| Taxes | 450/3 | €33,145 | €30,448 | -€2,697 | -8.1% |
| Other amounts payable | 47/48 | €2,123 | €1,080 | -€1,043 | -49.1% |
| Turnover | 70 | €165,938 | €197,367 | +€31,429 | +18.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €93,147 | €95,056 | +€1,908 | +2.0% |
| Remuneration, social security and pensions | 62 | €2,752 | €2,630 | -€121 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €497 | €786 | +€288 | +57.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €91,671 | €105,990 | +€14,319 | +15.6% |
| Operating profit (loss) | 9901 | €88,034 | €102,174 | +€14,140 | +16.1% |
| Financial income | 75/76B | €754 | €2,082 | +€1,328 | +176.0% |
| Recurring financial income | 75 | €754 | €2,082 | +€1,328 | +176.0% |
| Financial charges | 65/66B | €589 | €547 | -€42 | -7.1% |
| Recurring financial charges | 65 | €589 | €547 | -€42 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €88,199 | €103,709 | +€15,510 | +17.6% |
| Income taxes | 67/77 | €24,305 | €20,662 | -€3,644 | -15.0% |
| Profit (loss) for the period | 9904 | €63,894 | €83,047 | +€19,153 | +30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €63,894 | €83,047 | +€19,153 | +30.0% |
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 10 October 2026 via checked.be.