ENGIMECA: 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.
ENGIMECA
Largest movements
- Cash -€53,134
down €53,134 (-55.2%), from €96,181 to €43,047
mainly Net result for the year (-€31,795) and Other debts (-€21,700)
- Tangible fixed assets -€8,507
down €8,507 (-88.3%), from €9,634 to €1,127
of which Plant, machinery and equipment: -€7,340
- Deferred charges and accrued income -€1,688
down €1,688 (-87.0%), from €1,940 to €252
- Profit (loss) carried forward -€31,795
down €31,795, from €26,384 to -€5,411
- Other debts -€21,700
down €21,700 (-52.8%), from €41,077 to €19,377
- Current portion of long-term debt -€8,982
no longer reported in 2025 (was €8,982)
- Gross operating margin -€3,728
down €3,728 (-18.7%), from -€19,912 to -€23,640
- Depreciation -€1,885
down €1,885 (-18.1%), from €10,392 to €8,507
- Financial income -€1,678
down €1,678 (-80.2%), from €2,092 to €414
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 | €126,486 | €63,245 | -€63,242 | -50.0% |
| Fixed assets | 21/28 | €9,634 | €1,127 | -€8,507 | -88.3% |
| Tangible fixed assets | 22/27 | €9,634 | €1,127 | -€8,507 | -88.3% |
| Plant, machinery and equipment | 23 | €7,340 | - | -€7,340 | |
| Furniture and vehicles | 24 | €2,294 | €1,127 | -€1,167 | -50.9% |
| Current assets | 29/58 | €116,852 | €62,117 | -€54,735 | -46.8% |
| Amounts receivable within one year | 40/41 | €18,731 | €18,818 | +€87 | +0.5% |
| Trade receivables | 40 | €18,000 | €18,123 | +€123 | +0.7% |
| Other amounts receivable | 41 | €731 | €696 | -€35 | -4.8% |
| Cash at bank and in hand | 54/58 | €96,181 | €43,047 | -€53,134 | -55.2% |
| Deferred charges and accrued income | 490/1 | €1,940 | €252 | -€1,688 | -87.0% |
| Total equity and liabilities | 10/49 | €126,486 | €63,245 | -€63,242 | -50.0% |
| Equity | 10/15 | €73,454 | €41,659 | -€31,795 | -43.3% |
| Contributions | 10/11 | €7,070 | €7,070 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,384 | -€5,411 | -€31,795 | |
| Amounts payable | 17/49 | €53,032 | €21,586 | -€31,446 | -59.3% |
| Amounts payable within one year | 42/48 | €52,866 | €21,106 | -€31,760 | -60.1% |
| Current portion of amounts payable after more than one year | 42 | €8,982 | - | -€8,982 | |
| Trade debts | 44 | €2,782 | €1,708 | -€1,074 | -38.6% |
| Suppliers | 440/4 | €2,782 | €1,708 | -€1,074 | -38.6% |
| Taxes, remuneration and social security | 45 | €25 | €21 | -€4 | -16.7% |
| Taxes | 450/3 | €25 | €21 | -€4 | -16.7% |
| Other amounts payable | 47/48 | €41,077 | €19,377 | -€21,700 | -52.8% |
| Accrued charges and deferred income | 492/3 | €166 | €480 | +€314 | +188.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,392 | €8,507 | -€1,885 | -18.1% |
| Gross operating margin | 9900 | -€19,912 | -€23,640 | -€3,728 | -18.7% |
| Operating profit (loss) | 9901 | -€30,304 | -€32,147 | -€1,843 | -6.1% |
| Financial income | 75/76B | €2,092 | €414 | -€1,678 | -80.2% |
| Recurring financial income | 75 | €2,092 | €414 | -€1,678 | -80.2% |
| Financial charges | 65/66B | €180 | €62 | -€117 | -65.3% |
| Recurring financial charges | 65 | €180 | €62 | -€117 | -65.3% |
| Profit (loss) for the period before taxes | 9903 | -€28,391 | -€31,795 | -€3,404 | -12.0% |
| Profit (loss) for the period | 9904 | -€28,391 | -€31,795 | -€3,404 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,391 | -€31,795 | -€3,404 | -12.0% |
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 7 October 2026 via checked.be.