ENGELEN: 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.
ENGELEN
Largest movements
- Receivables within one year +€13,471
up €13,471 (+4.8%), from €280,611 to €294,083
- Debts after one year -€38,758
down €38,758 (-30.1%), from €128,750 to €89,992
- Reserves +€26,936
up €26,936 (+11.2%), from €240,037 to €266,972
of which Distributable reserves: +€26,936
- Tax, wage and social debts +€10,990
up €10,990 (+112.8%), from €9,740 to €20,730
- Other debts +€8,000
up €8,000 (+18.2%), from €43,906 to €51,906
- Gross operating margin -€5,632
down €5,632 (-7.7%), from €73,385 to €67,753
- Taxes -€1,751
down €1,751 (-11.9%), from €14,740 to €12,990
- Financial charges -€1,595
down €1,595 (-14.3%), from €11,164 to €9,569
- Depreciation +€768
up €768 (+4.8%), from €16,066 to €16,834
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €496,077 | €504,544 | +€8,466 | +1.7% |
| Fixed assets | 21/28 | €215,466 | €210,461 | -€5,005 | -2.3% |
| Tangible fixed assets | 22/27 | €215,466 | €210,461 | -€5,005 | -2.3% |
| Land and buildings | 22 | €215,466 | €201,152 | -€14,315 | -6.6% |
| Plant, machinery and equipment | 23 | - | €9,310 | +€9,310 | |
| Current assets | 29/58 | €280,611 | €294,083 | +€13,471 | +4.8% |
| Amounts receivable within one year | 40/41 | €280,611 | €294,083 | +€13,471 | +4.8% |
| Other amounts receivable | 41 | €280,611 | €294,083 | +€13,471 | +4.8% |
| Total equity and liabilities | 10/49 | €496,077 | €504,544 | +€8,466 | +1.7% |
| Equity | 10/15 | €258,637 | €285,572 | +€26,936 | +10.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €240,037 | €266,972 | +€26,936 | +11.2% |
| Tax-exempt reserves | 132 | €1,781 | €1,781 | = | 0.0% |
| Distributable reserves | 133 | €238,255 | €265,191 | +€26,936 | +11.3% |
| Amounts payable | 17/49 | €237,441 | €218,971 | -€18,470 | -7.8% |
| Amounts payable after more than one year | 17 | €128,750 | €89,992 | -€38,758 | -30.1% |
| Financial debts | 170/4 | €128,750 | €89,992 | -€38,758 | -30.1% |
| Amounts payable within one year | 42/48 | €108,691 | €128,980 | +€20,289 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €36,925 | €38,758 | +€1,833 | +5.0% |
| Financial debts | 43 | €18,012 | €16,627 | -€1,385 | -7.7% |
| Credit institutions | 430/8 | €18,012 | €16,627 | -€1,385 | -7.7% |
| Trade debts | 44 | €107 | €958 | +€851 | +792.2% |
| Suppliers | 440/4 | €107 | €958 | +€851 | +792.2% |
| Taxes, remuneration and social security | 45 | €9,740 | €20,730 | +€10,990 | +112.8% |
| Taxes | 450/3 | €9,740 | €20,730 | +€10,990 | +112.8% |
| Other amounts payable | 47/48 | €43,906 | €51,906 | +€8,000 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,066 | €16,834 | +€768 | +4.8% |
| Other operating charges | 640/8 | €1,344 | €1,425 | +€80 | +6.0% |
| Gross operating margin | 9900 | €73,385 | €67,753 | -€5,632 | -7.7% |
| Operating profit (loss) | 9901 | €55,975 | €49,495 | -€6,480 | -11.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €11,164 | €9,569 | -€1,595 | -14.3% |
| Recurring financial charges | 65 | €11,164 | €9,569 | -€1,595 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €44,811 | €39,926 | -€4,885 | -10.9% |
| Income taxes | 67/77 | €14,740 | €12,990 | -€1,751 | -11.9% |
| Profit (loss) for the period | 9904 | €30,070 | €26,936 | -€3,135 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,070 | €26,936 | -€3,135 | -10.4% |
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 9 October 2026 via checked.be.