ENGINEER-INC: 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.
ENGINEER-INC
Largest movements
- Receivables within one year -€135,687
down €135,687 (-39.6%), from €342,316 to €206,628
of which Trade receivables: -€177,816
- Tangible fixed assets -€10,585
down €10,585 (-4.9%), from €217,896 to €207,311
of which Land and buildings: -€15,060
- Cash -€9,271
down €9,271 (-28.8%), from €32,231 to €22,959
mainly Net result for the year (-€77,196) and Trade debts (-€47,256)
- Profit (loss) carried forward -€77,196
down €77,196, from €48,109 to -€29,087
- Trade debts -€47,256
down €47,256 (-27.1%), from €174,182 to €126,927
- Debts after one year -€22,811
down €22,811 (-20.0%), from €113,859 to €91,048
- Short-term financial debts -€6,771
down €6,771 (-3.2%), from €212,771 to €206,000
of which Other loans: -€6,771
- Gross operating margin +€15,256
up €15,256 (+36.1%), from -€42,224 to -€26,968
- Depreciation -€6,645
down €6,645 (-24.2%), from €27,503 to €20,857
- Financial charges +€5,564
up €5,564 (+34.2%), from €16,255 to €21,819
- Other operating charges +€1,550
up €1,550 (+24.3%), from €6,379 to €7,929
- Financial income -€971
down €971 (-34.1%), from €2,848 to €1,877
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 | €605,231 | €449,901 | -€155,330 | -25.7% |
| Fixed assets | 21/28 | €218,071 | €207,486 | -€10,585 | -4.9% |
| Tangible fixed assets | 22/27 | €217,896 | €207,311 | -€10,585 | -4.9% |
| Land and buildings | 22 | €205,374 | €190,313 | -€15,060 | -7.3% |
| Plant, machinery and equipment | 23 | €9,575 | €8,453 | -€1,122 | -11.7% |
| Furniture and vehicles | 24 | €2,947 | €8,545 | +€5,597 | +190% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €387,160 | €242,415 | -€144,744 | -37.4% |
| Amounts receivable within one year | 40/41 | €342,316 | €206,628 | -€135,687 | -39.6% |
| Trade receivables | 40 | €317,316 | €139,500 | -€177,816 | -56.0% |
| Other amounts receivable | 41 | €25,000 | €67,129 | +€42,129 | +169% |
| Cash at bank and in hand | 54/58 | €32,231 | €22,959 | -€9,271 | -28.8% |
| Deferred charges and accrued income | 490/1 | €12,613 | €12,828 | +€215 | +1.7% |
| Total equity and liabilities | 10/49 | €605,231 | €449,901 | -€155,330 | -25.7% |
| Equity | 10/15 | €68,569 | -€8,627 | -€77,196 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €48,109 | -€29,087 | -€77,196 | |
| Amounts payable | 17/49 | €536,662 | €458,529 | -€78,134 | -14.6% |
| Amounts payable after more than one year | 17 | €113,859 | €91,048 | -€22,811 | -20.0% |
| Financial debts | 170/4 | €113,859 | €91,048 | -€22,811 | -20.0% |
| Amounts payable within one year | 42/48 | €422,669 | €366,676 | -€55,994 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €22,410 | €22,811 | +€401 | +1.8% |
| Financial debts | 43 | €212,771 | €206,000 | -€6,771 | -3.2% |
| Credit institutions | 430/8 | €200,000 | €200,000 | = | 0.0% |
| Other loans | 439 | €12,771 | €6,000 | -€6,771 | -53.0% |
| Trade debts | 44 | €174,182 | €126,927 | -€47,256 | -27.1% |
| Suppliers | 440/4 | €174,182 | €126,927 | -€47,256 | -27.1% |
| Taxes, remuneration and social security | 45 | €7,874 | €4,580 | -€3,294 | -41.8% |
| Taxes | 450/3 | €7,874 | €4,580 | -€3,294 | -41.8% |
| Other amounts payable | 47/48 | €5,432 | €6,358 | +€927 | +17.1% |
| Accrued charges and deferred income | 492/3 | €134 | €805 | +€671 | +501% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,503 | €20,857 | -€6,645 | -24.2% |
| Other operating charges | 640/8 | €6,379 | €7,929 | +€1,550 | +24.3% |
| Gross operating margin | 9900 | -€42,224 | -€26,968 | +€15,256 | +36.1% |
| Operating profit (loss) | 9901 | -€76,106 | -€55,754 | +€20,351 | +26.7% |
| Financial income | 75/76B | €2,848 | €1,877 | -€971 | -34.1% |
| Recurring financial income | 75 | €2,848 | €1,877 | -€971 | -34.1% |
| Financial charges | 65/66B | €16,255 | €21,819 | +€5,564 | +34.2% |
| Recurring financial charges | 65 | €16,255 | €21,819 | +€5,564 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | -€89,513 | -€75,697 | +€13,816 | +15.4% |
| Income taxes | 67/77 | €944 | €1,499 | +€556 | +58.9% |
| Profit (loss) for the period | 9904 | -€90,457 | -€77,196 | +€13,261 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€90,457 | -€77,196 | +€13,261 | +14.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.