EngID: 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.
EngID
Largest movements
- Cash -€542,034
down €542,034 (-32.7%), from €1.7m to €1.1m
mainly Investment in fixed assets (net) (-€467,661) and Contributions, distributions and other (-€337,217)
- Receivables within one year -€353,295
down €353,295 (-73.6%), from €479,814 to €126,519
of which Other amounts receivable: -€364,438
- Tangible fixed assets +€162,052
up €162,052 (+9.3%), from €1.7m to €1.9m
of which Plant, machinery and equipment: +€272,657
- Stocks and contracts +€103,085
up €103,085 (+9,622%), from €1,071 to €104,156
- Reserves -€339,077
down €339,077 (-12.7%), from €2.7m to €2.3m
- Profit (loss) carried forward -€197,482
down €197,482, from €6,393 to -€191,089
- Tax, wage and social debts -€134,513
down €134,513 (-82.7%), from €162,690 to €28,177
of which Taxes: -€139,252
- Debts after one year +€58,184
up €58,184 (+7.2%), from €809,580 to €867,764
- Gross operating margin -€491,337
down €491,337 (-71.0%), from €692,304 to €200,967
- Taxes -€150,266
down €150,266 (-99.6%), from €150,830 to €564
- Staff costs +€70,129
new in 2025: €70,129
- Financial income -€58,611
down €58,611 (-77.1%), from €76,047 to €17,436
of which Financial income: -€58,611
- Depreciation +€58,534
up €58,534 (+23.7%), from €247,014 to €305,548
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 | €3,878,328 | €3,265,555 | -€612,773 | -15.8% |
| Fixed assets | 21/28 | €1,738,234 | €1,900,346 | +€162,112 | +9.3% |
| Tangible fixed assets | 22/27 | €1,738,234 | €1,900,286 | +€162,052 | +9.3% |
| Land and buildings | 22 | €1,070,689 | €992,335 | -€78,354 | -7.3% |
| Plant, machinery and equipment | 23 | €540,679 | €813,336 | +€272,657 | +50.4% |
| Furniture and vehicles | 24 | €126,866 | €94,615 | -€32,251 | -25.4% |
| Financial fixed assets | 28 | €0 | €60 | +€60 | |
| Current assets | 29/58 | €2,140,094 | €1,365,209 | -€774,885 | -36.2% |
| Stocks and contracts in progress | 3 | €1,071 | €104,156 | +€103,085 | +9,622% |
| Stocks | 30/36 | €1,071 | €104,156 | +€103,085 | +9,622% |
| Amounts receivable within one year | 40/41 | €479,814 | €126,519 | -€353,295 | -73.6% |
| Trade receivables | 40 | €93,697 | €104,840 | +€11,143 | +11.9% |
| Other amounts receivable | 41 | €386,117 | €21,679 | -€364,438 | -94.4% |
| Cash at bank and in hand | 54/58 | €1,657,408 | €1,115,374 | -€542,034 | -32.7% |
| Deferred charges and accrued income | 490/1 | €1,800 | €19,160 | +€17,360 | +964% |
| Total equity and liabilities | 10/49 | €3,878,328 | €3,265,555 | -€612,773 | -15.8% |
| Equity | 10/15 | €2,693,256 | €2,156,697 | -€536,559 | -19.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,668,263 | €2,329,186 | -€339,077 | -12.7% |
| Distributable reserves | 133 | €2,668,263 | €2,329,186 | -€339,077 | -12.7% |
| Profit (loss) carried forward | 14 | €6,393 | -€191,089 | -€197,482 | |
| Amounts payable | 17/49 | €1,185,072 | €1,108,858 | -€76,214 | -6.4% |
| Amounts payable after more than one year | 17 | €809,580 | €867,764 | +€58,184 | +7.2% |
| Financial debts | 170/4 | €809,580 | €867,764 | +€58,184 | +7.2% |
| Amounts payable within one year | 42/48 | €369,349 | €234,588 | -€134,761 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €160,917 | €162,172 | +€1,256 | +0.8% |
| Trade debts | 44 | €45,742 | €44,238 | -€1,504 | -3.3% |
| Suppliers | 440/4 | €45,742 | €44,238 | -€1,504 | -3.3% |
| Taxes, remuneration and social security | 45 | €162,690 | €28,177 | -€134,513 | -82.7% |
| Taxes | 450/3 | €162,690 | €23,438 | -€139,252 | -85.6% |
| Remuneration and social security | 454/9 | - | €4,739 | +€4,739 | |
| Accrued charges and deferred income | 492/3 | €6,143 | €6,507 | +€364 | +5.9% |
| Non-recurring operating income | 76A | €317,339 | €0 | -€317,339 | -100% |
| Remuneration, social security and pensions | 62 | - | €70,129 | +€70,129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €247,014 | €305,548 | +€58,534 | +23.7% |
| Other operating charges | 640/8 | €8,655 | €13,735 | +€5,080 | +58.7% |
| Non-recurring operating charges | 66A | - | €17,305 | +€17,305 | |
| Gross operating margin | 9900 | €692,304 | €200,967 | -€491,337 | -71.0% |
| Operating profit (loss) | 9901 | €436,635 | -€205,751 | -€642,386 | |
| Financial income | 75/76B | €76,047 | €17,436 | -€58,611 | -77.1% |
| Recurring financial income | 75 | €76,047 | €17,436 | -€58,611 | -77.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €12,617 | €10,463 | -€2,154 | -17.1% |
| Recurring financial charges | 65 | €12,617 | €10,463 | -€2,154 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €500,065 | -€198,778 | -€698,843 | |
| Income taxes | 67/77 | €150,830 | €564 | -€150,266 | -99.6% |
| Profit (loss) for the period | 9904 | €349,235 | -€199,342 | -€548,577 | |
| Profit (loss) for the period to be appropriated | 9905 | €349,235 | -€199,342 | -€548,577 |
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 17 October 2026 via checked.be.