ENGENEERING CABLING SYSTEM: 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.
ENGENEERING CABLING SYSTEM
Largest movements
- Cash +€340,030
up €340,030 (+494.7%), from €68,728 to €408,758
mainly Trade debts (+€258,472) and Net result for the year (+€176,697)
- Stocks and contracts -€59,664
down €59,664 (-14.3%), from €417,762 to €358,098
of which Contracts in progress: -€79,310
- Receivables within one year -€32,741
down €32,741 (-3.5%), from €937,529 to €904,788
of which Trade receivables: -€29,664
- Trade debts +€258,472
up €258,472 (+75.9%), from €340,464 to €598,936
- Other debts -€165,000
down €165,000 (-56.9%), from €290,000 to €125,000
- Tax, wage and social debts +€87,590
up €87,590 (+246.7%), from €35,506 to €123,096
of which Taxes: +€75,726
- Profit (loss) carried forward +€51,697
up €51,697 (+7.1%), from €731,288 to €782,985
- Gross operating margin +€110,477
up €110,477 (+20.6%), from €536,162 to €646,639
- Staff costs +€63,562
up €63,562 (+20.5%), from €309,670 to €373,232
- Taxes +€12,525
up €12,525 (+23.4%), from €53,478 to €66,003
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 | €1,526,586 | €1,760,944 | +€234,358 | +15.4% |
| Fixed assets | 21/28 | €97,257 | €82,346 | -€14,911 | -15.3% |
| Tangible fixed assets | 22/27 | €95,757 | €80,846 | -€14,911 | -15.6% |
| Plant, machinery and equipment | 23 | €2,526 | €875 | -€1,651 | -65.4% |
| Furniture and vehicles | 24 | €9,925 | €6,916 | -€3,009 | -30.3% |
| Other tangible fixed assets | 26 | €83,306 | €73,055 | -€10,251 | -12.3% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €1,429,329 | €1,678,598 | +€249,269 | +17.4% |
| Stocks and contracts in progress | 3 | €417,762 | €358,098 | -€59,664 | -14.3% |
| Stocks | 30/36 | €319,479 | €339,125 | +€19,646 | +6.1% |
| Contracts in progress | 37 | €98,283 | €18,973 | -€79,310 | -80.7% |
| Amounts receivable within one year | 40/41 | €937,529 | €904,788 | -€32,741 | -3.5% |
| Trade receivables | 40 | €934,436 | €904,772 | -€29,664 | -3.2% |
| Other amounts receivable | 41 | €3,093 | €16 | -€3,077 | -99.5% |
| Cash at bank and in hand | 54/58 | €68,728 | €408,758 | +€340,030 | +494.7% |
| Deferred charges and accrued income | 490/1 | €5,310 | €6,954 | +€1,644 | +31.0% |
| Total equity and liabilities | 10/49 | €1,526,586 | €1,760,944 | +€234,358 | +15.4% |
| Equity | 10/15 | €855,846 | €907,543 | +€51,697 | +6.0% |
| Contributions | 10/11 | €94,200 | €94,200 | = | 0.0% |
| Reserves | 13 | €30,358 | €30,358 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,420 | €9,420 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,420 | €9,420 | = | 0.0% |
| Distributable reserves | 133 | €20,938 | €20,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | €731,288 | €782,985 | +€51,697 | +7.1% |
| Amounts payable | 17/49 | €670,740 | €853,401 | +€182,661 | +27.2% |
| Amounts payable within one year | 42/48 | €670,229 | €851,277 | +€181,048 | +27.0% |
| Financial debts | 43 | €4,259 | €4,245 | -€14 | -0.3% |
| Credit institutions | 430/8 | €4,259 | €4,245 | -€14 | -0.3% |
| Trade debts | 44 | €340,464 | €598,936 | +€258,472 | +75.9% |
| Suppliers | 440/4 | €340,464 | €598,936 | +€258,472 | +75.9% |
| Taxes, remuneration and social security | 45 | €35,506 | €123,096 | +€87,590 | +246.7% |
| Taxes | 450/3 | €5,934 | €81,660 | +€75,726 | +1276.1% |
| Remuneration and social security | 454/9 | €29,572 | €41,436 | +€11,864 | +40.1% |
| Other amounts payable | 47/48 | €290,000 | €125,000 | -€165,000 | -56.9% |
| Accrued charges and deferred income | 492/3 | €511 | €2,124 | +€1,613 | +315.7% |
| Remuneration, social security and pensions | 62 | €309,670 | €373,232 | +€63,562 | +20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,842 | €20,923 | +€81 | +0.4% |
| Other operating charges | 640/8 | €968 | €998 | +€30 | +3.1% |
| Gross operating margin | 9900 | €536,162 | €646,639 | +€110,477 | +20.6% |
| Operating profit (loss) | 9901 | €204,682 | €251,486 | +€46,804 | +22.9% |
| Financial income | 75/76B | €2 | €1 | -€1 | -50.0% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -50.0% |
| Financial charges | 65/66B | €5,540 | €8,787 | +€3,247 | +58.6% |
| Recurring financial charges | 65 | €5,540 | €8,787 | +€3,247 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | €199,144 | €242,700 | +€43,556 | +21.9% |
| Income taxes | 67/77 | €53,478 | €66,003 | +€12,525 | +23.4% |
| Profit (loss) for the period | 9904 | €145,666 | €176,697 | +€31,031 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €145,666 | €176,697 | +€31,031 | +21.3% |
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 11 October 2026 via checked.be.