ENGELS - DE LANGE: 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 - DE LANGE
Largest movements
- Cash +€47,571
up €47,571 (+116%), from €40,988 to €88,558
mainly Net result for the year (+€60,348) and Receivables within one year (+€39,304)
- Receivables within one year -€39,304
down €39,304 (-65.5%), from €59,979 to €20,675
of which Trade receivables: -€44,802
- Tangible fixed assets -€6,639
down €6,639 (-54.1%), from €12,281 to €5,643
of which Plant, machinery and equipment: -€5,571
- Trade debts +€7,916
up €7,916 (+31.6%), from €25,067 to €32,983
- Tax, wage and social debts -€2,887
down €2,887 (-10.0%), from €28,835 to €25,947
of which Taxes: -€7,780
- Other debts -€2,648
down €2,648 (-4.4%), from €60,526 to €57,878
- Financial charges +€56,353
up €56,353 (+829%), from €6,801 to €63,154
- Gross operating margin -€45,025
down €45,025 (-13.7%), from €327,921 to €282,896
- Staff costs +€40,120
up €40,120 (+42.3%), from €94,875 to €134,995
- Taxes -€31,273
down €31,273 (-67.0%), from €46,706 to €15,433
- Depreciation -€12,791
down €12,791 (-51.1%), from €25,040 to €12,249
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
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 | €117,708 | €120,034 | +€2,326 | +2.0% |
| Fixed assets | 21/28 | €12,281 | €5,643 | -€6,639 | -54.1% |
| Tangible fixed assets | 22/27 | €12,281 | €5,643 | -€6,639 | -54.1% |
| Land and buildings | 22 | €219 | €0 | -€219 | -100% |
| Plant, machinery and equipment | 23 | €11,045 | €5,473 | -€5,571 | -50.4% |
| Furniture and vehicles | 24 | €1,018 | €169 | -€849 | -83.4% |
| Current assets | 29/58 | €105,427 | €114,391 | +€8,964 | +8.5% |
| Stocks and contracts in progress | 3 | €852 | €960 | +€108 | +12.7% |
| Stocks | 30/36 | €852 | €960 | +€108 | +12.7% |
| Amounts receivable within one year | 40/41 | €59,979 | €20,675 | -€39,304 | -65.5% |
| Trade receivables | 40 | €58,731 | €13,929 | -€44,802 | -76.3% |
| Other amounts receivable | 41 | €1,248 | €6,746 | +€5,498 | +441% |
| Cash at bank and in hand | 54/58 | €40,988 | €88,558 | +€47,571 | +116% |
| Deferred charges and accrued income | 490/1 | €3,609 | €4,198 | +€590 | +16.3% |
| Total equity and liabilities | 10/49 | €117,708 | €120,034 | +€2,326 | +2.0% |
| Equity | 10/15 | €2,877 | €3,225 | +€348 | +12.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €377 | €725 | +€348 | +92.4% |
| Distributable reserves | 133 | €377 | €725 | +€348 | +92.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €114,832 | €116,809 | +€1,977 | +1.7% |
| Amounts payable within one year | 42/48 | €114,428 | €116,809 | +€2,380 | +2.1% |
| Trade debts | 44 | €25,067 | €32,983 | +€7,916 | +31.6% |
| Suppliers | 440/4 | €25,067 | €32,983 | +€7,916 | +31.6% |
| Taxes, remuneration and social security | 45 | €28,835 | €25,947 | -€2,887 | -10.0% |
| Taxes | 450/3 | €12,486 | €4,706 | -€7,780 | -62.3% |
| Remuneration and social security | 454/9 | €16,349 | €21,241 | +€4,892 | +29.9% |
| Other amounts payable | 47/48 | €60,526 | €57,878 | -€2,648 | -4.4% |
| Accrued charges and deferred income | 492/3 | €403 | €0 | -€403 | -100% |
| Remuneration, social security and pensions | 62 | €94,875 | €134,995 | +€40,120 | +42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,040 | €12,249 | -€12,791 | -51.1% |
| Other operating charges | 640/8 | €1,517 | €775 | -€742 | -48.9% |
| Gross operating margin | 9900 | €327,921 | €282,896 | -€45,025 | -13.7% |
| Operating profit (loss) | 9901 | €206,489 | €134,877 | -€71,612 | -34.7% |
| Financial income | 75/76B | €1,362 | €4,059 | +€2,696 | +198% |
| Recurring financial income | 75 | €1,362 | €4,059 | +€2,696 | +198% |
| Financial charges | 65/66B | €6,801 | €63,154 | +€56,353 | +829% |
| Recurring financial charges | 65 | €6,801 | €63,154 | +€56,353 | +829% |
| Profit (loss) for the period before taxes | 9903 | €201,050 | €75,782 | -€125,269 | -62.3% |
| Income taxes | 67/77 | €46,706 | €15,433 | -€31,273 | -67.0% |
| Profit (loss) for the period | 9904 | €154,344 | €60,348 | -€93,996 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €154,344 | €60,348 | -€93,996 | -60.9% |
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 30 October 2026 via checked.be.