Engiflex: what changed
Two fiscal 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.
Engiflex
Largest movements
- Cash +€129,712
up €129,712 (+93.9%), from €138,185 to €267,897
mainly Net result for the year (+€112,041) and Trade debts (+€100,990)
- Current investments +€100,000
up €100,000 (+100.0%), from €100,000 to €200,000
- Receivables within one year -€66,059
down €66,059 (-24.1%), from €274,379 to €208,319
of which Trade receivables: -€73,332
- Reserves +€112,041
up €112,041 (+37.3%), from €300,180 to €412,221
- Trade debts +€100,990
up €100,990 (+203.8%), from €49,546 to €150,537
- Tax, wage and social debts -€45,668
down €45,668 (-28.4%), from €160,878 to €115,210
of which Taxes: -€24,125
- Staff costs +€36,270
up €36,270 (+10.6%), from €340,831 to €377,102
- Taxes -€8,295
down €8,295 (-15.9%), from €52,251 to €43,956
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 | €512,564 | €679,752 | +€167,188 | +32.6% |
| Current assets | 29/58 | €512,564 | €679,752 | +€167,188 | +32.6% |
| Amounts receivable within one year | 40/41 | €274,379 | €208,319 | -€66,059 | -24.1% |
| Trade receivables | 40 | €271,481 | €198,149 | -€73,332 | -27.0% |
| Other amounts receivable | 41 | €2,898 | €10,170 | +€7,272 | +250.9% |
| Current investments | 50/53 | €100,000 | €200,000 | +€100,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €138,185 | €267,897 | +€129,712 | +93.9% |
| Deferred charges and accrued income | 490/1 | - | €3,535 | +€3,535 | |
| Total equity and liabilities | 10/49 | €512,564 | €679,752 | +€167,188 | +32.6% |
| Equity | 10/15 | €301,180 | €413,221 | +€112,041 | +37.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €300,180 | €412,221 | +€112,041 | +37.3% |
| Distributable reserves | 133 | €300,180 | €412,221 | +€112,041 | +37.3% |
| Amounts payable | 17/49 | €211,383 | €266,531 | +€55,148 | +26.1% |
| Amounts payable within one year | 42/48 | €211,383 | €266,531 | +€55,148 | +26.1% |
| Trade debts | 44 | €49,546 | €150,537 | +€100,990 | +203.8% |
| Suppliers | 440/4 | €49,546 | €150,537 | +€100,990 | +203.8% |
| Taxes, remuneration and social security | 45 | €160,878 | €115,210 | -€45,668 | -28.4% |
| Taxes | 450/3 | €120,332 | €96,207 | -€24,125 | -20.0% |
| Remuneration and social security | 454/9 | €40,547 | €19,004 | -€21,543 | -53.1% |
| Other amounts payable | 47/48 | €959 | €784 | -€175 | -18.2% |
| Remuneration, social security and pensions | 62 | €340,831 | €377,102 | +€36,270 | +10.6% |
| Other operating charges | 640/8 | €837 | €272 | -€565 | -67.5% |
| Gross operating margin | 9900 | €531,689 | €533,436 | +€1,747 | +0.3% |
| Operating profit (loss) | 9901 | €190,021 | €156,062 | -€33,958 | -17.9% |
| Financial income | 75/76B | €0 | €3 | +€3 | +25400.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +25400.0% |
| Financial charges | 65/66B | €39 | €68 | +€30 | +76.2% |
| Recurring financial charges | 65 | €39 | €68 | +€30 | +76.2% |
| Profit (loss) for the period before taxes | 9903 | €189,982 | €155,997 | -€33,985 | -17.9% |
| Income taxes | 67/77 | €52,251 | €43,956 | -€8,295 | -15.9% |
| Profit (loss) for the period | 9904 | €137,731 | €112,041 | -€25,691 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €137,731 | €112,041 | -€25,691 | -18.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.