Engels Florian: what changed
Engels Florian
Largest movements
- Stocks and contracts -€39,420
down €39,420 (-100%), from €39,420 to €0
- Cash +€34,786
up €34,786 (+176%), from €19,751 to €54,537
mainly Stocks and contracts (+€39,420) and Net result for the year (+€28,858)
- Tangible fixed assets +€7,413
up €7,413 (+14.2%), from €52,289 to €59,702
of which Furniture and vehicles: +€9,666
- Receivables within one year +€4,840
up €4,840 (+65.3%), from €7,417 to €12,257
of which Other amounts receivable: +€2,834
- Reserves +€28,858
up €28,858 (+53.4%), from €54,005 to €82,863
- Trade debts -€23,386
down €23,386 (-82.1%), from €28,484 to €5,098
- Tax, wage and social debts -€7,351
down €7,351 (-100%), from €7,351 to €0
of which Taxes: -€4,551
- Debts after one year +€5,022
up €5,022 (+33.7%), from €14,898 to €19,919
- Current portion of long-term debt +€3,786
up €3,786 (+50.4%), from €7,512 to €11,299
- Gross operating margin +€19,633
up €19,633 (+48.1%), from €40,845 to €60,478
- Taxes +€3,661
up €3,661 (+85.0%), from €4,308 to €7,969
- Depreciation +€754
up €754 (+4.4%), from €17,029 to €17,783
- Other operating charges +€615
up €615 (+123%), from €499 to €1,115
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,877 | €126,496 | +€7,619 | +6.4% |
| Fixed assets | 21/28 | €52,289 | €59,702 | +€7,413 | +14.2% |
| Tangible fixed assets | 22/27 | €52,289 | €59,702 | +€7,413 | +14.2% |
| Plant, machinery and equipment | 23 | €9,392 | €7,139 | -€2,253 | -24.0% |
| Furniture and vehicles | 24 | €42,897 | €52,563 | +€9,666 | +22.5% |
| Current assets | 29/58 | €66,588 | €66,794 | +€206 | +0.3% |
| Stocks and contracts in progress | 3 | €39,420 | €0 | -€39,420 | -100% |
| Contracts in progress | 37 | €39,420 | €0 | -€39,420 | -100% |
| Amounts receivable within one year | 40/41 | €7,417 | €12,257 | +€4,840 | +65.3% |
| Trade receivables | 40 | €2,680 | €4,687 | +€2,007 | +74.9% |
| Other amounts receivable | 41 | €4,736 | €7,570 | +€2,834 | +59.8% |
| Cash at bank and in hand | 54/58 | €19,751 | €54,537 | +€34,786 | +176% |
| Total equity and liabilities | 10/49 | €118,877 | €126,496 | +€7,619 | +6.4% |
| Equity | 10/15 | €55,005 | €83,863 | +€28,858 | +52.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €54,005 | €82,863 | +€28,858 | +53.4% |
| Distributable reserves | 133 | €54,005 | €82,863 | +€28,858 | +53.4% |
| Amounts payable | 17/49 | €63,871 | €42,633 | -€21,238 | -33.3% |
| Amounts payable after more than one year | 17 | €14,898 | €19,919 | +€5,022 | +33.7% |
| Financial debts | 170/4 | €14,898 | €19,919 | +€5,022 | +33.7% |
| Amounts payable within one year | 42/48 | €48,534 | €22,713 | -€25,820 | -53.2% |
| Current portion of amounts payable after more than one year | 42 | €7,512 | €11,299 | +€3,786 | +50.4% |
| Trade debts | 44 | €28,484 | €5,098 | -€23,386 | -82.1% |
| Suppliers | 440/4 | €28,484 | €5,098 | -€23,386 | -82.1% |
| Taxes, remuneration and social security | 45 | €7,351 | €0 | -€7,351 | -100% |
| Taxes | 450/3 | €4,551 | €0 | -€4,551 | -100% |
| Remuneration and social security | 454/9 | €2,800 | €0 | -€2,800 | -100% |
| Other amounts payable | 47/48 | €5,186 | €6,317 | +€1,131 | +21.8% |
| Accrued charges and deferred income | 492/3 | €440 | €0 | -€440 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,029 | €17,783 | +€754 | +4.4% |
| Other operating charges | 640/8 | €499 | €1,115 | +€615 | +123% |
| Non-recurring operating charges | 66A | - | €2,988 | +€2,988 | |
| Gross operating margin | 9900 | €40,845 | €60,478 | +€19,633 | +48.1% |
| Operating profit (loss) | 9901 | €23,317 | €38,593 | +€15,276 | +65.5% |
| Financial income | 75/76B | €163 | €98 | -€65 | -40.0% |
| Recurring financial income | 75 | €163 | €98 | -€65 | -40.0% |
| Financial charges | 65/66B | €1,279 | €1,865 | +€586 | +45.8% |
| Recurring financial charges | 65 | €1,279 | €1,865 | +€586 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €22,202 | €36,826 | +€14,625 | +65.9% |
| Income taxes | 67/77 | €4,308 | €7,969 | +€3,661 | +85.0% |
| Profit (loss) for the period | 9904 | €17,894 | €28,858 | +€10,963 | +61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,894 | €28,858 | +€10,963 | +61.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.