ENGELS PROSERVICES: 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.
ENGELS PROSERVICES
Largest movements
- Cash -€74,649
down €74,649 (-53.5%), from €139,633 to €64,984
mainly Net result for the year (-€73,626) and Receivables within one year (-€4,076)
- Tangible fixed assets -€10,439
down €10,439 (-65.1%), from €16,034 to €5,595
- Receivables within one year +€4,076
up €4,076 (+15.7%), from €25,947 to €30,023
of which Other amounts receivable: +€5,649
- Profit (loss) carried forward -€73,626
down €73,626 (-1142.1%), from -€6,446 to -€80,072
- Short-term financial debts -€3,798
no longer reported in 2024 (was €3,798)
- Tax, wage and social debts -€2,923
down €2,923 (-40.7%), from €7,174 to €4,251
of which Remuneration and social security: -€1,754
- Gross operating margin +€53,545
up €53,545 (+46.5%), from -€115,133 to -€61,588
- Staff costs -€16,691
no longer reported in 2024 (was €16,691)
- Other operating charges -€1,766
down €1,766 (-65.0%), from €2,716 to €950
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.
Cash bridge derived
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 | €183,545 | €102,093 | -€81,452 | -44.4% |
| Fixed assets | 21/28 | €16,208 | €5,595 | -€10,613 | -65.5% |
| Tangible fixed assets | 22/27 | €16,034 | €5,595 | -€10,439 | -65.1% |
| Furniture and vehicles | 24 | €16,034 | €5,595 | -€10,439 | -65.1% |
| Financial fixed assets | 28 | €174 | - | -€174 | |
| Current assets | 29/58 | €167,337 | €96,498 | -€70,839 | -42.3% |
| Stocks and contracts in progress | 3 | €930 | €930 | = | 0.0% |
| Stocks | 30/36 | €930 | €930 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,947 | €30,023 | +€4,076 | +15.7% |
| Trade receivables | 40 | €22,745 | €21,172 | -€1,573 | -6.9% |
| Other amounts receivable | 41 | €3,201 | €8,851 | +€5,649 | +176.5% |
| Cash at bank and in hand | 54/58 | €139,633 | €64,984 | -€74,649 | -53.5% |
| Deferred charges and accrued income | 490/1 | €827 | €560 | -€267 | -32.3% |
| Total equity and liabilities | 10/49 | €183,545 | €102,093 | -€81,452 | -44.4% |
| Equity | 10/15 | €46,005 | -€27,621 | -€73,626 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €33,859 | €33,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €28,500 | €28,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,446 | -€80,072 | -€73,626 | -1142.1% |
| Amounts payable | 17/49 | €137,540 | €129,714 | -€7,826 | -5.7% |
| Amounts payable within one year | 42/48 | €137,540 | €129,714 | -€7,826 | -5.7% |
| Financial debts | 43 | €3,798 | - | -€3,798 | |
| Credit institutions | 430/8 | €3,798 | - | -€3,798 | |
| Trade debts | 44 | €125,294 | €125,463 | +€168 | +0.1% |
| Suppliers | 440/4 | €125,294 | €125,463 | +€168 | +0.1% |
| Taxes, remuneration and social security | 45 | €7,174 | €4,251 | -€2,923 | -40.7% |
| Taxes | 450/3 | €2,420 | €1,251 | -€1,169 | -48.3% |
| Remuneration and social security | 454/9 | €4,754 | €3,000 | -€1,754 | -36.9% |
| Other amounts payable | 47/48 | €1,273 | - | -€1,273 | |
| Remuneration, social security and pensions | 62 | €16,691 | - | -€16,691 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,439 | €10,439 | = | 0.0% |
| Other operating charges | 640/8 | €2,716 | €950 | -€1,766 | -65.0% |
| Non-recurring operating charges | 66A | €9,508 | - | -€9,508 | |
| Gross operating margin | 9900 | -€115,133 | -€61,588 | +€53,545 | +46.5% |
| Operating profit (loss) | 9901 | -€154,487 | -€72,977 | +€81,510 | +52.8% |
| Financial income | 75/76B | €602 | €615 | +€13 | +2.1% |
| Recurring financial income | 75 | €602 | €615 | +€13 | +2.1% |
| Financial charges | 65/66B | €1,079 | €603 | -€476 | -44.1% |
| Recurring financial charges | 65 | €1,079 | €603 | -€476 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | -€154,964 | -€72,965 | +€81,999 | +52.9% |
| Income taxes | 67/77 | €803 | €661 | -€142 | -17.6% |
| Profit (loss) for the period | 9904 | -€155,767 | -€73,626 | +€82,141 | +52.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€155,767 | -€73,626 | +€82,141 | +52.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.