ENGILIA: 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.
ENGILIA
Largest movements
- Tangible fixed assets +€167,082
up €167,082 (+50.0%), from €334,041 to €501,123
of which Land and buildings: +€164,302
- Cash -€19,161
down €19,161 (-4.0%), from €474,809 to €455,648
mainly Investment in fixed assets (net) (-€216,847) and Contributions, distributions and other (-€35,000)
- Current investments +€18,304
up €18,304 (+29.0%), from €63,174 to €81,478
- Debts after one year +€93,421
up €93,421 (+53.0%), from €176,156 to €269,577
- Other debts +€37,794
up €37,794 (+78.9%), from €47,895 to €85,689
- Reserves +€25,000
up €25,000 (+7.2%), from €345,348 to €370,348
of which Distributable reserves: +€25,000
- Current portion of long-term debt +€11,280
up €11,280 (+58.2%), from €19,387 to €30,666
- Financial charges +€59,685
up €59,685 (+1,962%), from €3,042 to €62,727
- Depreciation +€36,361
up €36,361 (+271%), from €13,404 to €49,765
- Taxes -€29,771
down €29,771 (-64.7%), from €46,012 to €16,241
- Gross operating margin -€22,528
down €22,528 (-10.6%), from €213,016 to €190,487
- Financial income +€7,530
up €7,530 (+166%), from €4,549 to €12,079
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 | €911,122 | €1,080,873 | +€169,751 | +18.6% |
| Fixed assets | 21/28 | €334,177 | €501,259 | +€167,082 | +50.0% |
| Tangible fixed assets | 22/27 | €334,041 | €501,123 | +€167,082 | +50.0% |
| Land and buildings | 22 | €326,785 | €491,087 | +€164,302 | +50.3% |
| Plant, machinery and equipment | 23 | €312 | €216 | -€95 | -30.6% |
| Furniture and vehicles | 24 | €6,944 | €9,820 | +€2,876 | +41.4% |
| Financial fixed assets | 28 | €136 | €136 | = | 0.0% |
| Current assets | 29/58 | €576,946 | €579,614 | +€2,669 | +0.5% |
| Amounts receivable after more than one year | 29 | €4,821 | €1,743 | -€3,078 | -63.8% |
| Other amounts receivable | 291 | €4,821 | €1,743 | -€3,078 | -63.8% |
| Amounts receivable within one year | 40/41 | €30,672 | €39,620 | +€8,948 | +29.2% |
| Trade receivables | 40 | €24,547 | €26,049 | +€1,502 | +6.1% |
| Other amounts receivable | 41 | €6,124 | €13,571 | +€7,446 | +122% |
| Current investments | 50/53 | €63,174 | €81,478 | +€18,304 | +29.0% |
| Cash at bank and in hand | 54/58 | €474,809 | €455,648 | -€19,161 | -4.0% |
| Deferred charges and accrued income | 490/1 | €3,469 | €1,126 | -€2,343 | -67.6% |
| Total equity and liabilities | 10/49 | €911,122 | €1,080,873 | +€169,751 | +18.6% |
| Equity | 10/15 | €625,407 | €656,504 | +€31,097 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €345,348 | €370,348 | +€25,000 | +7.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €343,488 | €368,488 | +€25,000 | +7.3% |
| Profit (loss) carried forward | 14 | €261,459 | €267,556 | +€6,097 | +2.3% |
| Amounts payable | 17/49 | €285,715 | €424,370 | +€138,654 | +48.5% |
| Amounts payable after more than one year | 17 | €176,156 | €269,577 | +€93,421 | +53.0% |
| Financial debts | 170/4 | €176,156 | €269,577 | +€93,421 | +53.0% |
| Amounts payable within one year | 42/48 | €109,560 | €154,793 | +€45,233 | +41.3% |
| Current portion of amounts payable after more than one year | 42 | €19,387 | €30,666 | +€11,280 | +58.2% |
| Financial debts | 43 | €8,014 | €9,198 | +€1,184 | +14.8% |
| Credit institutions | 430/8 | €8,014 | €9,198 | +€1,184 | +14.8% |
| Trade debts | 44 | €5,853 | €1,750 | -€4,103 | -70.1% |
| Suppliers | 440/4 | €5,853 | €1,750 | -€4,103 | -70.1% |
| Taxes, remuneration and social security | 45 | €28,412 | €27,489 | -€922 | -3.2% |
| Taxes | 450/3 | €28,412 | €27,489 | -€922 | -3.2% |
| Other amounts payable | 47/48 | €47,895 | €85,689 | +€37,794 | +78.9% |
| Remuneration, social security and pensions | 62 | €7,665 | €5,538 | -€2,126 | -27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,404 | €49,765 | +€36,361 | +271% |
| Other operating charges | 640/8 | €1,061 | €2,197 | +€1,136 | +107% |
| Gross operating margin | 9900 | €213,016 | €190,487 | -€22,528 | -10.6% |
| Operating profit (loss) | 9901 | €190,886 | €132,987 | -€57,899 | -30.3% |
| Financial income | 75/76B | €4,549 | €12,079 | +€7,530 | +166% |
| Recurring financial income | 75 | €4,549 | €12,079 | +€7,530 | +166% |
| Financial charges | 65/66B | €3,042 | €62,727 | +€59,685 | +1,962% |
| Recurring financial charges | 65 | €3,042 | €62,727 | +€59,685 | +1,962% |
| Profit (loss) for the period before taxes | 9903 | €192,393 | €82,339 | -€110,054 | -57.2% |
| Income taxes | 67/77 | €46,012 | €16,241 | -€29,771 | -64.7% |
| Profit (loss) for the period | 9904 | €146,381 | €66,097 | -€80,284 | -54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €146,381 | €66,097 | -€80,284 | -54.8% |
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 28 October 2026 via checked.be.