ENGIMED: 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.
ENGIMED
Largest movements
- Cash -€240,443
down €240,443 (-63.6%), from €378,317 to €137,874
mainly Other debts (-€159,587) and Tax, wage and social debts (-€64,289)
- Tangible fixed assets +€39,611
up €39,611 (+1928.3%), from €2,054 to €41,666
- Receivables within one year -€24,765
down €24,765 (-16.4%), from €151,395 to €126,631
of which Other amounts receivable: -€41,754
- Other debts -€159,587
down €159,587 (-44.0%), from €363,048 to €203,462
- Tax, wage and social debts -€64,289
down €64,289 (-92.9%), from €69,239 to €4,950
- Gross operating margin -€4,586
down €4,586 (-6.8%), from €67,244 to €62,657
- Financial income +€3,317
up €3,317 (+58.8%), from €5,643 to €8,961
- Other operating charges -€1,017
down €1,017 (-71.8%), from €1,416 to €400
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 | €563,537 | €342,140 | -€221,397 | -39.3% |
| Fixed assets | 21/28 | €2,150 | €41,762 | +€39,611 | +1842.2% |
| Tangible fixed assets | 22/27 | €2,054 | €41,666 | +€39,611 | +1928.3% |
| Furniture and vehicles | 24 | €2,054 | €41,666 | +€39,611 | +1928.3% |
| Financial fixed assets | 28 | €96 | €96 | = | 0.0% |
| Current assets | 29/58 | €561,387 | €300,379 | -€261,008 | -46.5% |
| Amounts receivable within one year | 40/41 | €151,395 | €126,631 | -€24,765 | -16.4% |
| Trade receivables | 40 | €522 | €17,511 | +€16,989 | +3254.2% |
| Other amounts receivable | 41 | €150,873 | €109,119 | -€41,754 | -27.7% |
| Current investments | 50/53 | €31,675 | €35,015 | +€3,340 | +10.5% |
| Cash at bank and in hand | 54/58 | €378,317 | €137,874 | -€240,443 | -63.6% |
| Deferred charges and accrued income | 490/1 | - | €859 | +€859 | |
| Total equity and liabilities | 10/49 | €563,537 | €342,140 | -€221,397 | -39.3% |
| Equity | 10/15 | €131,247 | €131,247 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €121,247 | €121,247 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €121,147 | €121,147 | = | 0.0% |
| Amounts payable | 17/49 | €432,290 | €210,893 | -€221,397 | -51.2% |
| Amounts payable within one year | 42/48 | €432,290 | €210,893 | -€221,397 | -51.2% |
| Trade debts | 44 | €3 | €2,481 | +€2,479 | +96076.7% |
| Suppliers | 440/4 | €3 | €2,481 | +€2,479 | +96076.7% |
| Taxes, remuneration and social security | 45 | €69,239 | €4,950 | -€64,289 | -92.9% |
| Taxes | 450/3 | €69,239 | €4,950 | -€64,289 | -92.9% |
| Other amounts payable | 47/48 | €363,048 | €203,462 | -€159,587 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,034 | €1,343 | +€309 | +29.9% |
| Other operating charges | 640/8 | €1,416 | €400 | -€1,017 | -71.8% |
| Gross operating margin | 9900 | €67,244 | €62,657 | -€4,586 | -6.8% |
| Operating profit (loss) | 9901 | €64,794 | €60,915 | -€3,879 | -6.0% |
| Financial income | 75/76B | €5,643 | €8,961 | +€3,317 | +58.8% |
| Recurring financial income | 75 | €5,643 | €8,961 | +€3,317 | +58.8% |
| Financial charges | 65/66B | €331 | €337 | +€6 | +1.7% |
| Recurring financial charges | 65 | €331 | €337 | +€6 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €70,105 | €69,538 | -€567 | -0.8% |
| Income taxes | 67/77 | €15,996 | €15,892 | -€104 | -0.7% |
| Profit (loss) for the period | 9904 | €54,109 | €53,646 | -€463 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,109 | €53,646 | -€463 | -0.9% |
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 3 October 2026 via checked.be.