Engetec: what changed
Engetec
Largest movements
- Receivables within one year +€165,088
up €165,088 (+52.7%), from €313,130 to €478,217
of which Trade receivables: +€153,333
- Cash -€14,978
down €14,978 (-79.5%), from €18,835 to €3,857
mainly Receivables within one year (-€165,088) and Tax, wage and social debts (-€5,644)
- Trade debts +€100,836
up €100,836 (+360%), from €28,031 to €128,867
- Profit (loss) carried forward +€36,811
up €36,811 (+25.5%), from €144,106 to €180,918
- Other debts +€18,107
up €18,107 (+36.7%), from €49,335 to €67,442
- Tax, wage and social debts -€5,644
down €5,644 (-28.6%), from €19,743 to €14,099
of which Taxes: -€5,644
- Gross operating margin +€16,506
up €16,506 (+40.4%), from €40,868 to €57,374
- Depreciation -€9,333
no longer reported in 2025 (was €9,333)
- Write-downs -€7,076
no longer reported in 2025 (was €7,076)
- Taxes +€4,603
up €4,603 (+85.4%), from €5,389 to €9,993
- Financial charges +€2,942
up €2,942 (+58.4%), from €5,035 to €7,977
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 | €331,965 | €482,074 | +€150,109 | +45.2% |
| Current assets | 29/58 | €331,965 | €482,074 | +€150,109 | +45.2% |
| Amounts receivable within one year | 40/41 | €313,130 | €478,217 | +€165,088 | +52.7% |
| Trade receivables | 40 | €248,515 | €401,847 | +€153,333 | +61.7% |
| Other amounts receivable | 41 | €64,615 | €76,370 | +€11,755 | +18.2% |
| Cash at bank and in hand | 54/58 | €18,835 | €3,857 | -€14,978 | -79.5% |
| Total equity and liabilities | 10/49 | €331,965 | €482,074 | +€150,109 | +45.2% |
| Equity | 10/15 | €159,856 | €196,667 | +€36,811 | +23.0% |
| Contributions | 10/11 | €11,155 | €11,155 | = | 0.0% |
| Reserves | 13 | €4,594 | €4,594 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,594 | €4,594 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,594 | €4,594 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,106 | €180,918 | +€36,811 | +25.5% |
| Amounts payable | 17/49 | €172,109 | €285,407 | +€113,298 | +65.8% |
| Amounts payable within one year | 42/48 | €172,109 | €285,407 | +€113,298 | +65.8% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €28,031 | €128,867 | +€100,836 | +360% |
| Suppliers | 440/4 | €28,031 | €128,867 | +€100,836 | +360% |
| Taxes, remuneration and social security | 45 | €19,743 | €14,099 | -€5,644 | -28.6% |
| Taxes | 450/3 | €19,734 | €14,090 | -€5,644 | -28.6% |
| Remuneration and social security | 454/9 | €9 | €9 | = | 0.0% |
| Other amounts payable | 47/48 | €49,335 | €67,442 | +€18,107 | +36.7% |
| Remuneration, social security and pensions | 62 | €3 | €5 | +€2 | +67.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,333 | - | -€9,333 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,076 | - | -€7,076 | |
| Other operating charges | 640/8 | €1,142 | €2,829 | +€1,687 | +148% |
| Gross operating margin | 9900 | €40,868 | €57,374 | +€16,506 | +40.4% |
| Operating profit (loss) | 9901 | €23,314 | €54,540 | +€31,226 | +134% |
| Financial income | 75/76B | €0 | €241 | +€241 | +402,017% |
| Recurring financial income | 75 | €0 | €241 | +€241 | +402,017% |
| Financial charges | 65/66B | €5,035 | €7,977 | +€2,942 | +58.4% |
| Recurring financial charges | 65 | €5,035 | €7,977 | +€2,942 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | €18,279 | €46,804 | +€28,525 | +156% |
| Income taxes | 67/77 | €5,389 | €9,993 | +€4,603 | +85.4% |
| Profit (loss) for the period | 9904 | €12,890 | €36,811 | +€23,922 | +186% |
| Profit (loss) for the period to be appropriated | 9905 | €12,890 | €36,811 | +€23,922 | +186% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.