Engilico Engineering Solutions: 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.
Engilico Engineering Solutions
Largest movements
- Cash +€349,994
up €349,994 (+452.9%), from €77,285 to €427,279
mainly Net result for the year (+€284,694) and Trade debts (+€235,096)
- Receivables within one year +€91,527
up €91,527 (+35.3%), from €258,947 to €350,474
of which Trade receivables: +€53,163
- Stocks and contracts +€35,079
up €35,079 (+1564.3%), from €2,243 to €37,321
of which Stocks: +€37,321
- Profit (loss) carried forward +€284,694
up €284,694, from -€202,173 to €82,521
- Trade debts +€235,096
up €235,096 (+255.0%), from €92,212 to €327,308
- Current portion of long-term debt -€61,863
down €61,863 (-37.9%), from €163,278 to €101,415
- Tax, wage and social debts +€17,994
up €17,994 (+7.2%), from €249,755 to €267,749
of which Remuneration and social security: +€52,991
- Advances received +€11,550
up €11,550 (+103.9%), from €11,113 to €22,663
- Gross operating margin +€739,910
up €739,910 (+65.5%), from €1.1m to €1.9m
- Staff costs +€278,696
up €278,696 (+23.1%), from €1.2m to €1.5m
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €642,199 | €1,116,655 | +€474,456 | +73.9% |
| Fixed assets | 21/28 | €296,286 | €287,970 | -€8,316 | -2.8% |
| Intangible fixed assets | 21 | €10,093 | €9,508 | -€585 | -5.8% |
| Tangible fixed assets | 22/27 | €100,467 | €92,736 | -€7,731 | -7.7% |
| Plant, machinery and equipment | 23 | €59,858 | €49,771 | -€10,087 | -16.9% |
| Furniture and vehicles | 24 | €27,773 | €33,356 | +€5,583 | +20.1% |
| Other tangible fixed assets | 26 | €12,836 | €9,609 | -€3,227 | -25.1% |
| Financial fixed assets | 28 | €185,726 | €185,726 | = | 0.0% |
| Current assets | 29/58 | €345,913 | €828,685 | +€482,772 | +139.6% |
| Stocks and contracts in progress | 3 | €2,243 | €37,321 | +€35,079 | +1564.3% |
| Stocks | 30/36 | - | €37,321 | +€37,321 | |
| Contracts in progress | 37 | €2,243 | - | -€2,243 | |
| Amounts receivable within one year | 40/41 | €258,947 | €350,474 | +€91,527 | +35.3% |
| Trade receivables | 40 | €258,565 | €311,728 | +€53,163 | +20.6% |
| Other amounts receivable | 41 | €382 | €38,746 | +€38,364 | +10042.2% |
| Cash at bank and in hand | 54/58 | €77,285 | €427,279 | +€349,994 | +452.9% |
| Deferred charges and accrued income | 490/1 | €7,438 | €13,610 | +€6,172 | +83.0% |
| Total equity and liabilities | 10/49 | €642,199 | €1,116,655 | +€474,456 | +73.9% |
| Equity | 10/15 | -€37,173 | €247,521 | +€284,694 | |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€202,173 | €82,521 | +€284,694 | |
| Amounts payable | 17/49 | €679,372 | €869,134 | +€189,762 | +27.9% |
| Amounts payable after more than one year | 17 | €151,415 | €150,000 | -€1,415 | -0.9% |
| Financial debts | 170/4 | €151,415 | €150,000 | -€1,415 | -0.9% |
| Amounts payable within one year | 42/48 | €516,557 | €719,134 | +€202,578 | +39.2% |
| Current portion of amounts payable after more than one year | 42 | €163,278 | €101,415 | -€61,863 | -37.9% |
| Trade debts | 44 | €92,212 | €327,308 | +€235,096 | +255.0% |
| Suppliers | 440/4 | €92,212 | €327,308 | +€235,096 | +255.0% |
| Advances received on contracts in progress | 46 | €11,113 | €22,663 | +€11,550 | +103.9% |
| Taxes, remuneration and social security | 45 | €249,755 | €267,749 | +€17,994 | +7.2% |
| Taxes | 450/3 | €42,063 | €7,066 | -€34,997 | -83.2% |
| Remuneration and social security | 454/9 | €207,693 | €260,683 | +€52,991 | +25.5% |
| Other amounts payable | 47/48 | €199 | - | -€199 | |
| Accrued charges and deferred income | 492/3 | €11,400 | - | -€11,400 | |
| Remuneration, social security and pensions | 62 | €1,207,918 | €1,486,614 | +€278,696 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,058 | €61,784 | +€12,726 | +25.9% |
| Other operating charges | 640/8 | €1,942 | €1,259 | -€683 | -35.2% |
| Gross operating margin | 9900 | €1,130,266 | €1,870,176 | +€739,910 | +65.5% |
| Operating profit (loss) | 9901 | -€128,653 | €320,519 | +€449,171 | |
| Financial income | 75/76B | €608 | - | -€608 | |
| Recurring financial income | 75 | €608 | - | -€608 | |
| Financial charges | 65/66B | €22,383 | €33,127 | +€10,744 | +48.0% |
| Recurring financial charges | 65 | €22,383 | €33,127 | +€10,744 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | -€150,427 | €287,392 | +€437,818 | |
| Income taxes | 67/77 | €2,562 | €2,698 | +€136 | +5.3% |
| Profit (loss) for the period | 9904 | -€152,989 | €284,694 | +€437,683 | |
| Profit (loss) for the period to be appropriated | 9905 | -€152,989 | €284,694 | +€437,683 |
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 10 October 2026 via checked.be.