Engenius: 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.
Engenius
Largest movements
- Cash +€195,146
up €195,146 (+196%), from €99,818 to €294,964
mainly Net result for the year (+€149,346) and Other debts (+€107,647)
- Financial fixed assets +€50,000
up €50,000 (+2,000%), from €2,500 to €52,500
- Receivables within one year +€27,645
up €27,645 (+3.1%), from €898,326 to €925,970
of which Other amounts receivable: +€55,543
- Stocks and contracts -€23,438
down €23,438 (-100%), from €23,438 to €0
- Tangible fixed assets -€20,651
down €20,651 (-33.0%), from €62,642 to €41,991
- Other debts +€107,647
up €107,647 (+12,765%), from €843 to €108,490
- Short-term financial debts +€100,331
up €100,331 (+52.2%), from €192,212 to €292,543
of which Credit institutions: +€99,969
- Reserves +€20,828
up €20,828 (+9.8%), from €213,235 to €234,063
- Gross operating margin +€255,708
up €255,708 (+39.6%), from €645,035 to €900,743
- Staff costs +€170,684
up €170,684 (+37.3%), from €457,731 to €628,415
- Taxes +€30,293
up €30,293 (+72.7%), from €41,674 to €71,968
- Write-downs -€17,955
down €17,955 (-100%), from €17,955 to €0
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 | €1,108,008 | €1,342,063 | +€234,055 | +21.1% |
| Fixed assets | 21/28 | €65,142 | €94,491 | +€29,349 | +45.1% |
| Tangible fixed assets | 22/27 | €62,642 | €41,991 | -€20,651 | -33.0% |
| Furniture and vehicles | 24 | €62,642 | €41,991 | -€20,651 | -33.0% |
| Financial fixed assets | 28 | €2,500 | €52,500 | +€50,000 | +2,000% |
| Current assets | 29/58 | €1,042,866 | €1,247,573 | +€204,706 | +19.6% |
| Stocks and contracts in progress | 3 | €23,438 | €0 | -€23,438 | -100% |
| Stocks | 30/36 | €23,438 | €0 | -€23,438 | -100% |
| Amounts receivable within one year | 40/41 | €898,326 | €925,970 | +€27,645 | +3.1% |
| Trade receivables | 40 | €871,654 | €843,756 | -€27,898 | -3.2% |
| Other amounts receivable | 41 | €26,672 | €82,215 | +€55,543 | +208% |
| Cash at bank and in hand | 54/58 | €99,818 | €294,964 | +€195,146 | +196% |
| Deferred charges and accrued income | 490/1 | €21,285 | €26,638 | +€5,353 | +25.2% |
| Total equity and liabilities | 10/49 | €1,108,008 | €1,342,063 | +€234,055 | +21.1% |
| Equity | 10/15 | €258,235 | €279,063 | +€20,828 | +8.1% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €213,235 | €234,063 | +€20,828 | +9.8% |
| Distributable reserves | 133 | €213,235 | €234,063 | +€20,828 | +9.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €849,774 | €1,063,000 | +€213,227 | +25.1% |
| Amounts payable after more than one year | 17 | €13,264 | €3,618 | -€9,646 | -72.7% |
| Financial debts | 170/4 | €13,264 | €3,618 | -€9,646 | -72.7% |
| Amounts payable within one year | 42/48 | €836,510 | €1,059,382 | +€222,873 | +26.6% |
| Current portion of amounts payable after more than one year | 42 | €13,132 | €9,646 | -€3,486 | -26.5% |
| Financial debts | 43 | €192,212 | €292,543 | +€100,331 | +52.2% |
| Credit institutions | 430/8 | €191,808 | €291,777 | +€99,969 | +52.1% |
| Other loans | 439 | €404 | €766 | +€362 | +89.6% |
| Trade debts | 44 | €469,567 | €482,421 | +€12,854 | +2.7% |
| Suppliers | 440/4 | €469,567 | €482,421 | +€12,854 | +2.7% |
| Taxes, remuneration and social security | 45 | €160,755 | €166,281 | +€5,527 | +3.4% |
| Taxes | 450/3 | €90,580 | €88,908 | -€1,672 | -1.8% |
| Remuneration and social security | 454/9 | €70,175 | €77,374 | +€7,199 | +10.3% |
| Other amounts payable | 47/48 | €843 | €108,490 | +€107,647 | +12,765% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €457,731 | €628,415 | +€170,684 | +37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,818 | €29,184 | +€6,367 | +27.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,955 | €0 | -€17,955 | -100% |
| Other operating charges | 640/8 | €4,810 | €4,946 | +€136 | +2.8% |
| Non-recurring operating charges | 66A | €0 | €5,566 | +€5,566 | |
| Gross operating margin | 9900 | €645,035 | €900,743 | +€255,708 | +39.6% |
| Operating profit (loss) | 9901 | €141,721 | €232,631 | +€90,909 | +64.1% |
| Financial income | 75/76B | €785 | €971 | +€187 | +23.8% |
| Recurring financial income | 75 | €785 | €971 | +€187 | +23.8% |
| Financial charges | 65/66B | €13,793 | €12,289 | -€1,504 | -10.9% |
| Recurring financial charges | 65 | €13,793 | €12,289 | -€1,504 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €128,713 | €221,314 | +€92,600 | +71.9% |
| Income taxes | 67/77 | €41,674 | €71,968 | +€30,293 | +72.7% |
| Profit (loss) for the period | 9904 | €87,039 | €149,346 | +€62,307 | +71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €87,039 | €149,346 | +€62,307 | +71.6% |
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 14 October 2026 via checked.be.