ENGELEN KRIS: 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 KRIS
Largest movements
- Tangible fixed assets +€451,015
up €451,015 (+17.1%), from €2.6m to €3.1m
of which Land and buildings: +€350,399
- Debts after one year +€397,911
up €397,911 (+23.3%), from €1.7m to €2.1m
- Reserves +€45,212
up €45,212 (+5.0%), from €900,876 to €946,088
of which Distributable reserves: +€45,212
- Gross operating margin -€45,027
down €45,027 (-9.6%), from €470,673 to €425,645
- Depreciation +€36,458
up €36,458 (+23.3%), from €156,421 to €192,879
- Taxes -€30,371
down €30,371 (-37.2%), from €81,727 to €51,355
- Financial charges +€12,004
up €12,004 (+27.1%), from €44,363 to €56,367
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
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 | €2,813,902 | €3,311,540 | +€497,637 | +17.7% |
| Fixed assets | 21/28 | €2,758,135 | €3,209,151 | +€451,015 | +16.4% |
| Tangible fixed assets | 22/27 | €2,631,935 | €3,082,951 | +€451,015 | +17.1% |
| Land and buildings | 22 | €2,617,370 | €2,967,769 | +€350,399 | +13.4% |
| Plant, machinery and equipment | 23 | €1,659 | €959 | -€700 | -42.2% |
| Furniture and vehicles | 24 | €12,906 | €114,222 | +€101,316 | +785% |
| Financial fixed assets | 28 | €126,200 | €126,200 | = | 0.0% |
| Current assets | 29/58 | €55,767 | €102,389 | +€46,622 | +83.6% |
| Amounts receivable within one year | 40/41 | - | €20,687 | +€20,687 | |
| Other amounts receivable | 41 | - | €20,687 | +€20,687 | |
| Current investments | 50/53 | €55,452 | €81,374 | +€25,923 | +46.7% |
| Deferred charges and accrued income | 490/1 | €315 | €328 | +€13 | +4.0% |
| Total equity and liabilities | 10/49 | €2,813,902 | €3,311,540 | +€497,637 | +17.7% |
| Equity | 10/15 | €915,176 | €960,388 | +€45,212 | +4.9% |
| Contributions | 10/11 | €14,300 | €14,300 | = | 0.0% |
| Reserves | 13 | €900,876 | €946,088 | +€45,212 | +5.0% |
| Tax-exempt reserves | 132 | €49,500 | €49,500 | = | 0.0% |
| Distributable reserves | 133 | €851,376 | €896,588 | +€45,212 | +5.3% |
| Amounts payable | 17/49 | €1,898,726 | €2,351,152 | +€452,426 | +23.8% |
| Amounts payable after more than one year | 17 | €1,704,782 | €2,102,692 | +€397,911 | +23.3% |
| Financial debts | 170/4 | €1,704,782 | €2,102,692 | +€397,911 | +23.3% |
| Amounts payable within one year | 42/48 | €193,944 | €248,459 | +€54,515 | +28.1% |
| Current portion of amounts payable after more than one year | 42 | €99,351 | €102,672 | +€3,321 | +3.3% |
| Financial debts | 43 | €63,902 | €67,717 | +€3,816 | +6.0% |
| Credit institutions | 430/8 | €63,902 | €67,717 | +€3,816 | +6.0% |
| Trade debts | 44 | €8,777 | €30,109 | +€21,333 | +243% |
| Suppliers | 440/4 | €8,777 | €30,109 | +€21,333 | +243% |
| Taxes, remuneration and social security | 45 | €3,719 | €4,903 | +€1,184 | +31.8% |
| Taxes | 450/3 | €3,719 | €4,903 | +€1,184 | +31.8% |
| Other amounts payable | 47/48 | €18,196 | €43,058 | +€24,862 | +137% |
| Non-recurring operating income | 76A | - | €32,094 | +€32,094 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156,421 | €192,879 | +€36,458 | +23.3% |
| Other operating charges | 640/8 | €7,362 | €9,567 | +€2,205 | +30.0% |
| Gross operating margin | 9900 | €470,673 | €425,645 | -€45,027 | -9.6% |
| Operating profit (loss) | 9901 | €306,890 | €223,199 | -€83,690 | -27.3% |
| Financial income | 75/76B | €9,839 | €7,735 | -€2,104 | -21.4% |
| Recurring financial income | 75 | €9,839 | €7,735 | -€2,104 | -21.4% |
| Financial charges | 65/66B | €44,363 | €56,367 | +€12,004 | +27.1% |
| Recurring financial charges | 65 | €44,363 | €56,367 | +€12,004 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €272,366 | €174,567 | -€97,799 | -35.9% |
| Income taxes | 67/77 | €81,727 | €51,355 | -€30,371 | -37.2% |
| Profit (loss) for the period | 9904 | €190,639 | €123,212 | -€67,427 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €190,639 | €123,212 | -€67,427 | -35.4% |
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 24 October 2026 via checked.be.