ENGI & MORE: 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.
ENGI & MORE
Largest movements
- Tangible fixed assets +€28,343
up €28,343 (+1,387%), from €2,043 to €30,386
of which Furniture and vehicles: +€14,675
- Cash -€15,206
down €15,206 (-95.9%), from €15,852 to €646
mainly Investment in fixed assets (net) (-€30,000) and Net result for the year (-€12,619)
- Stocks and contracts +€4,986
new in 2025: €4,986
- Trade debts +€17,461
new in 2025: €17,461
- Other debts +€13,664
up €13,664 (+425%), from €3,218 to €16,882
- Profit (loss) carried forward -€12,619
down €12,619 (-255%), from -€4,944 to -€17,563
- Tax, wage and social debts -€383
down €383 (-92.0%), from €417 to €33
- Gross operating margin -€6,922
down €6,922 (-178%), from -€3,891 to -€10,813
- Depreciation +€764
up €764 (+85.6%), from €893 to €1,657
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 | €17,895 | €36,018 | +€18,123 | +101% |
| Fixed assets | 21/28 | €2,043 | €30,386 | +€28,343 | +1,387% |
| Tangible fixed assets | 22/27 | €2,043 | €30,386 | +€28,343 | +1,387% |
| Plant, machinery and equipment | 23 | €1,890 | €15,559 | +€13,669 | +723% |
| Furniture and vehicles | 24 | €153 | €14,827 | +€14,675 | +9,615% |
| Current assets | 29/58 | €15,852 | €5,632 | -€10,220 | -64.5% |
| Stocks and contracts in progress | 3 | - | €4,986 | +€4,986 | |
| Stocks | 30/36 | - | €4,986 | +€4,986 | |
| Cash at bank and in hand | 54/58 | €15,852 | €646 | -€15,206 | -95.9% |
| Total equity and liabilities | 10/49 | €17,895 | €36,018 | +€18,123 | +101% |
| Equity | 10/15 | €14,260 | €1,641 | -€12,619 | -88.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €16,705 | €16,705 | = | 0.0% |
| Distributable reserves | 133 | €16,705 | €16,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,944 | -€17,563 | -€12,619 | -255% |
| Amounts payable | 17/49 | €3,635 | €34,377 | +€30,742 | +846% |
| Amounts payable within one year | 42/48 | €3,635 | €34,377 | +€30,742 | +846% |
| Trade debts | 44 | - | €17,461 | +€17,461 | |
| Suppliers | 440/4 | - | €17,461 | +€17,461 | |
| Taxes, remuneration and social security | 45 | €417 | €33 | -€383 | -92.0% |
| Taxes | 450/3 | €417 | €33 | -€383 | -92.0% |
| Other amounts payable | 47/48 | €3,218 | €16,882 | +€13,664 | +425% |
| Remuneration, social security and pensions | 62 | - | €59 | +€59 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €893 | €1,657 | +€764 | +85.6% |
| Other operating charges | 640/8 | €71 | - | -€71 | |
| Gross operating margin | 9900 | -€3,891 | -€10,813 | -€6,922 | -178% |
| Operating profit (loss) | 9901 | -€4,854 | -€12,529 | -€7,675 | -158% |
| Financial charges | 65/66B | €90 | €90 | -€0 | -0.2% |
| Recurring financial charges | 65 | €90 | €90 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,944 | -€12,619 | -€7,674 | -155% |
| Profit (loss) for the period | 9904 | -€4,944 | -€12,619 | -€7,674 | -155% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,944 | -€12,619 | -€7,674 | -155% |
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 21 October 2026 via checked.be.