ENGELPARK: 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.
ENGELPARK
Largest movements
- Cash +€19,652
up €19,652 (+122.3%), from €16,075 to €35,727
mainly Other debts (+€35,000) and Net result for the year (+€24,163)
- Tangible fixed assets -€4,546
down €4,546 (-29.6%), from €15,377 to €10,831
- Receivables within one year -€1,228
down €1,228 (-48.5%), from €2,531 to €1,303
of which Other amounts receivable: -€813
- Other debts +€35,000
new in 2025: €35,000
- Profit (loss) carried forward -€17,084
down €17,084 (-76.1%), from €22,452 to €5,367
- Tax, wage and social debts -€3,413
down €3,413 (-59.4%), from €5,746 to €2,334
- Trade debts -€625
down €625 (-79.6%), from €785 to €160
- Turnover -€91,813
no longer reported in 2025 (was €91,813)
- Purchases and services -€62,600
no longer reported in 2025 (was €62,600)
- Gross operating margin +€12,293
up €12,293 (+42.1%), from €29,213 to €41,506
- Other operating charges +€3,154
up €3,154 (+537.0%), from €587 to €3,741
- Financial income -€2,438
down €2,438 (-98.3%), from €2,481 to €43
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 | €33,983 | €47,861 | +€13,878 | +40.8% |
| Fixed assets | 21/28 | €15,377 | €10,831 | -€4,546 | -29.6% |
| Tangible fixed assets | 22/27 | €15,377 | €10,831 | -€4,546 | -29.6% |
| Plant, machinery and equipment | 23 | €15,377 | €10,831 | -€4,546 | -29.6% |
| Current assets | 29/58 | €18,606 | €37,029 | +€18,424 | +99.0% |
| Amounts receivable within one year | 40/41 | €2,531 | €1,303 | -€1,228 | -48.5% |
| Trade receivables | 40 | €784 | €369 | -€415 | -52.9% |
| Other amounts receivable | 41 | €1,747 | €934 | -€813 | -46.5% |
| Cash at bank and in hand | 54/58 | €16,075 | €35,727 | +€19,652 | +122.3% |
| Total equity and liabilities | 10/49 | €33,983 | €47,861 | +€13,878 | +40.8% |
| Equity | 10/15 | €27,452 | €10,367 | -€17,084 | -62.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,452 | €5,367 | -€17,084 | -76.1% |
| Amounts payable | 17/49 | €6,531 | €37,493 | +€30,962 | +474.1% |
| Amounts payable within one year | 42/48 | €6,531 | €37,493 | +€30,962 | +474.1% |
| Trade debts | 44 | €785 | €160 | -€625 | -79.6% |
| Suppliers | 440/4 | €785 | €160 | -€625 | -79.6% |
| Taxes, remuneration and social security | 45 | €5,746 | €2,334 | -€3,413 | -59.4% |
| Taxes | 450/3 | €5,746 | €2,334 | -€3,413 | -59.4% |
| Other amounts payable | 47/48 | - | €35,000 | +€35,000 | |
| Turnover | 70 | €91,813 | - | -€91,813 | |
| Goods, raw materials, services and sundry goods | 60/61 | €62,600 | - | -€62,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,052 | €5,546 | +€1,493 | +36.9% |
| Other operating charges | 640/8 | €587 | €3,741 | +€3,154 | +537.0% |
| Gross operating margin | 9900 | €29,213 | €41,506 | +€12,293 | +42.1% |
| Operating profit (loss) | 9901 | €24,573 | €32,219 | +€7,646 | +31.1% |
| Financial income | 75/76B | €2,481 | €43 | -€2,438 | -98.3% |
| Recurring financial income | 75 | €2,481 | €43 | -€2,438 | -98.3% |
| Financial charges | 65/66B | €571 | €1,337 | +€767 | +134.3% |
| Recurring financial charges | 65 | €571 | €1,337 | +€767 | +134.3% |
| Profit (loss) for the period before taxes | 9903 | €26,483 | €30,925 | +€4,442 | +16.8% |
| Income taxes | 67/77 | €5,161 | €6,762 | +€1,600 | +31.0% |
| Profit (loss) for the period | 9904 | €21,322 | €24,163 | +€2,841 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,322 | €24,163 | +€2,841 | +13.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.