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Engimmo: 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.

What changed

Engimmo

BE 0448.092.092
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,896
2024 · -€4,577+€681
Equity
€194,281
2024 · €198,177-€3,896
Cash
€127,489
2024 · €137,977-€10,489
Balance sheet total
€199,697
2024 · €201,639-€1,942

Largest movements

2024 to 2025
Assets
  • Cash -€10,489

    down €10,489 (-7.6%), from €137,977 to €127,489

    mainly Investment in fixed assets (net) (-€11,179) and Net result for the year (-€3,896)

  • Tangible fixed assets +€8,464

    up €8,464 (+13.6%), from €62,081 to €70,544

    of which Land and buildings: +€4,302

Equity and liabilities
  • Profit (loss) carried forward -€3,896

    down €3,896 (-85.1%), from -€4,577 to -€8,473

Income statement
  • Gross operating margin +€2,544

    up €2,544 (+68.0%), from -€3,743 to -€1,199

  • Depreciation +€1,873

    up €1,873 (+222.2%), from €843 to €2,715

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€4,577
Gross operating margin +€2,544
Depreciation -€1,873
Financial income +€10
Result 2025 -€3,896

Cash bridge derived

cash 2024 to 2025

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.

From operations +€690
Investment -€11,179
Financing €0
Cash 2024 €137,977
Net result for the year -€3,896
Depreciation +€2,715
Deferred charges and accrued income -€83
Trade debts +€76
Other debts +€1,878
Investment in fixed assets (net) -€11,179
Cash 2025 €127,489
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €201,639 €199,697 -€1,942 -1.0%
Fixed assets 21/28 €62,081 €70,544 +€8,464 +13.6%
Tangible fixed assets 22/27 €62,081 €70,544 +€8,464 +13.6%
Land and buildings 22 €61,753 €66,055 +€4,302 +7.0%
Plant, machinery and equipment 23 €328 €2,385 +€2,057 +627.6%
Furniture and vehicles 24 - €2,104 +€2,104
Current assets 29/58 €139,558 €129,153 -€10,406 -7.5%
Cash at bank and in hand 54/58 €137,977 €127,489 -€10,489 -7.6%
Deferred charges and accrued income 490/1 €1,581 €1,664 +€83 +5.3%
Total equity and liabilities 10/49 €201,639 €199,697 -€1,942 -1.0%
Equity 10/15 €198,177 €194,281 -€3,896 -2.0%
Contributions 10/11 €112,719 €112,719 = 0.0%
Capital 10 €112,719 €112,719 = 0.0%
Issued capital 100 €112,719 €112,719 = 0.0%
Reserves 13 €90,035 €90,035 = 0.0%
Non-distributable reserves 130/1 €11,272 €11,272 = 0.0%
Legal reserve 130 €11,272 €11,272 = 0.0%
Distributable reserves 133 €78,763 €78,763 = 0.0%
Profit (loss) carried forward 14 -€4,577 -€8,473 -€3,896 -85.1%
Amounts payable 17/49 €3,462 €5,416 +€1,954 +56.4%
Amounts payable within one year 42/48 €3,462 €5,416 +€1,954 +56.4%
Trade debts 44 - €76 +€76
Suppliers 440/4 - €76 +€76
Other amounts payable 47/48 €3,462 €5,340 +€1,878 +54.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €843 €2,715 +€1,873 +222.2%
Gross operating margin 9900 -€3,743 -€1,199 +€2,544 +68.0%
Operating profit (loss) 9901 -€4,585 -€3,914 +€671 +14.6%
Financial income 75/76B €8 €18 +€10 +121.2%
Recurring financial income 75 €8 €18 +€10 +121.2%
Profit (loss) for the period before taxes 9903 -€4,577 -€3,896 +€681 +14.9%
Profit (loss) for the period 9904 -€4,577 -€3,896 +€681 +14.9%
Profit (loss) for the period to be appropriated 9905 -€4,577 -€3,896 +€681 +14.9%

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 29 September 2026 via checked.be.