ENGILEC: 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.
ENGILEC
Largest movements
- Tangible fixed assets -€8,946
down €8,946 (-6.0%), from €149,703 to €140,757
of which Furniture and vehicles: -€7,140
- Receivables within one year +€3,826
up €3,826 (+11.2%), from €34,086 to €37,913
of which Other amounts receivable: +€5,303
- Cash -€2,356
down €2,356 (-70.0%), from €3,366 to €1,010
mainly Current portion of long-term debt (-€10,680) and Debts after one year (-€6,340)
- Current portion of long-term debt -€10,680
down €10,680 (-62.7%), from €17,020 to €6,340
- Reserves +€8,080
up €8,080 (+11.4%), from €70,597 to €78,677
of which Distributable reserves: +€8,080
- Debts after one year -€6,340
down €6,340 (-8.2%), from €77,477 to €71,136
- Short-term financial debts +€3,028
up €3,028, from €0 to €3,028
- Gross operating margin +€2,580
up €2,580 (+9.0%), from €28,594 to €31,174
- Taxes +€1,438
up €1,438 (+28.1%), from €5,128 to €6,566
- Financial charges -€1,027
down €1,027 (-25.2%), from €4,076 to €3,049
- Other operating charges -€867
down €867 (-31.4%), from €2,760 to €1,894
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 | €187,753 | €180,343 | -€7,410 | -3.9% |
| Fixed assets | 21/28 | €149,703 | €140,757 | -€8,946 | -6.0% |
| Tangible fixed assets | 22/27 | €149,703 | €140,757 | -€8,946 | -6.0% |
| Land and buildings | 22 | €127,094 | €125,439 | -€1,655 | -1.3% |
| Plant, machinery and equipment | 23 | €152 | €0 | -€152 | -100.0% |
| Furniture and vehicles | 24 | €22,457 | €15,318 | -€7,140 | -31.8% |
| Current assets | 29/58 | €38,050 | €39,586 | +€1,536 | +4.0% |
| Amounts receivable within one year | 40/41 | €34,086 | €37,913 | +€3,826 | +11.2% |
| Trade receivables | 40 | €13,522 | €12,044 | -€1,477 | -10.9% |
| Other amounts receivable | 41 | €20,565 | €25,868 | +€5,303 | +25.8% |
| Cash at bank and in hand | 54/58 | €3,366 | €1,010 | -€2,356 | -70.0% |
| Deferred charges and accrued income | 490/1 | €598 | €664 | +€66 | +11.1% |
| Total equity and liabilities | 10/49 | €187,753 | €180,343 | -€7,410 | -3.9% |
| Equity | 10/15 | €76,797 | €84,877 | +€8,080 | +10.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,597 | €78,677 | +€8,080 | +11.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,800 | €9,800 | = | 0.0% |
| Distributable reserves | 133 | €58,937 | €67,017 | +€8,080 | +13.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €110,956 | €95,467 | -€15,490 | -14.0% |
| Amounts payable after more than one year | 17 | €77,477 | €71,136 | -€6,340 | -8.2% |
| Financial debts | 170/4 | €77,477 | €71,136 | -€6,340 | -8.2% |
| Amounts payable within one year | 42/48 | €33,479 | €24,330 | -€9,149 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €17,020 | €6,340 | -€10,680 | -62.7% |
| Financial debts | 43 | €0 | €3,028 | +€3,028 | |
| Credit institutions | 430/8 | €0 | €3,028 | +€3,028 | |
| Trade debts | 44 | €2,082 | €1,444 | -€637 | -30.6% |
| Suppliers | 440/4 | €2,082 | €1,444 | -€637 | -30.6% |
| Taxes, remuneration and social security | 45 | €14,378 | €13,517 | -€860 | -6.0% |
| Taxes | 450/3 | €11,678 | €11,117 | -€560 | -4.8% |
| Remuneration and social security | 454/9 | €2,700 | €2,400 | -€300 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,480 | €10,580 | +€100 | +1.0% |
| Other operating charges | 640/8 | €2,760 | €1,894 | -€867 | -31.4% |
| Gross operating margin | 9900 | €28,594 | €31,174 | +€2,580 | +9.0% |
| Operating profit (loss) | 9901 | €15,354 | €18,700 | +€3,346 | +21.8% |
| Financial income | 75/76B | €1,300 | €1,534 | +€234 | +18.0% |
| Recurring financial income | 75 | €1,300 | €1,534 | +€234 | +18.0% |
| Financial charges | 65/66B | €4,076 | €3,049 | -€1,027 | -25.2% |
| Recurring financial charges | 65 | €4,076 | €3,049 | -€1,027 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €12,578 | €17,184 | +€4,607 | +36.6% |
| Income taxes | 67/77 | €5,128 | €6,566 | +€1,438 | +28.1% |
| Profit (loss) for the period | 9904 | €7,450 | €10,618 | +€3,168 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,450 | €10,618 | +€3,168 | +42.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.