Engels Consulting: 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.
Engels Consulting
Largest movements
- Receivables within one year -€6,452
down €6,452 (-28.4%), from €22,710 to €16,258
of which Trade receivables: -€6,588
- Cash +€2,070
up €2,070 (+49.0%), from €4,225 to €6,294
mainly Receivables within one year (+€6,452) and Depreciation (+€733)
- Tangible fixed assets -€733
down €733 (-43.1%), from €1,701 to €968
- Tax, wage and social debts -€5,942
down €5,942 (-61.4%), from €9,677 to €3,735
of which Taxes: -€5,851
- Trade debts +€466
up €466 (+31.2%), from €1,493 to €1,960
- Profit (loss) carried forward +€361
up €361 (+2.0%), from €18,462 to €18,822
- Gross operating margin +€30,103
up €30,103, from -€28 to €30,075
- Staff costs +€26,267
new in 2024: €26,267
- Taxes +€738
up €738 (+322%), from €229 to €967
- Other operating charges +€705
up €705 (+133%), from €529 to €1,233
From the 2023 result to the 2024 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
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,732 | €24,616 | -€5,115 | -17.2% |
| Fixed assets | 21/28 | €2,797 | €2,064 | -€733 | -26.2% |
| Tangible fixed assets | 22/27 | €1,701 | €968 | -€733 | -43.1% |
| Plant, machinery and equipment | 23 | €1,701 | €968 | -€733 | -43.1% |
| Financial fixed assets | 28 | €1,097 | €1,097 | = | 0.0% |
| Current assets | 29/58 | €26,934 | €22,552 | -€4,382 | -16.3% |
| Amounts receivable within one year | 40/41 | €22,710 | €16,258 | -€6,452 | -28.4% |
| Trade receivables | 40 | €14,175 | €7,587 | -€6,588 | -46.5% |
| Other amounts receivable | 41 | €8,535 | €8,671 | +€137 | +1.6% |
| Cash at bank and in hand | 54/58 | €4,225 | €6,294 | +€2,070 | +49.0% |
| Total equity and liabilities | 10/49 | €29,732 | €24,616 | -€5,115 | -17.2% |
| Equity | 10/15 | €18,562 | €18,922 | +€361 | +1.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,462 | €18,822 | +€361 | +2.0% |
| Amounts payable | 17/49 | €11,170 | €5,694 | -€5,476 | -49.0% |
| Amounts payable within one year | 42/48 | €11,170 | €5,694 | -€5,476 | -49.0% |
| Trade debts | 44 | €1,493 | €1,960 | +€466 | +31.2% |
| Suppliers | 440/4 | €1,493 | €1,960 | +€466 | +31.2% |
| Taxes, remuneration and social security | 45 | €9,677 | €3,735 | -€5,942 | -61.4% |
| Taxes | 450/3 | €9,586 | €3,735 | -€5,851 | -61.0% |
| Remuneration and social security | 454/9 | €91 | €0 | -€91 | -100% |
| Remuneration, social security and pensions | 62 | - | €26,267 | +€26,267 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €519 | €733 | +€214 | +41.2% |
| Other operating charges | 640/8 | €529 | €1,233 | +€705 | +133% |
| Gross operating margin | 9900 | -€28 | €30,075 | +€30,103 | |
| Operating profit (loss) | 9901 | -€1,077 | €1,841 | +€2,917 | |
| Financial income | 75/76B | €251 | €512 | +€261 | +104% |
| Recurring financial income | 75 | €251 | €512 | +€261 | +104% |
| Financial charges | 65/66B | €739 | €1,025 | +€286 | +38.6% |
| Recurring financial charges | 65 | €739 | €1,025 | +€286 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,565 | €1,328 | +€2,893 | |
| Income taxes | 67/77 | €229 | €967 | +€738 | +322% |
| Profit (loss) for the period | 9904 | -€1,794 | €361 | +€2,155 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,794 | €361 | +€2,155 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.