Engineerinck: what changed
Engineerinck
Largest movements
- Tangible fixed assets +€187,117
up €187,117 (+41.7%), from €448,949 to €636,067
of which Land and buildings: +€138,559
- Cash -€60,570
down €60,570 (-48.6%), from €124,560 to €63,989
mainly Investment in fixed assets (net) (-€223,579) and Trade debts (-€188,923)
- Receivables within one year -€10,768
down €10,768 (-39.3%), from €27,402 to €16,634
of which Trade receivables: -€18,540
- Debts after one year +€289,673
up €289,673 (+101%), from €286,205 to €575,878
- Trade debts -€188,923
down €188,923 (-96.0%), from €196,844 to €7,921
- Other debts +€81,877
up €81,877 (+1,896%), from €4,319 to €86,196
- Reserves -€62,000
down €62,000 (-77.5%), from €80,000 to €18,000
- Tax, wage and social debts -€8,975
down €8,975 (-57.7%), from €15,550 to €6,575
of which Taxes: -€8,975
- Depreciation +€24,304
up €24,304 (+200%), from €12,158 to €36,461
- Gross operating margin +€18,646
up €18,646 (+32.6%), from €57,213 to €75,860
- Financial charges +€7,131
up €7,131 (+66.4%), from €10,744 to €17,875
- Taxes -€1,813
down €1,813 (-97.6%), from €1,857 to €44
- Other operating charges +€817
up €817 (+37.5%), from €2,180 to €2,997
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €605,051 | €722,012 | +€116,961 | +19.3% |
| Fixed assets | 21/28 | €451,399 | €638,517 | +€187,117 | +41.5% |
| Tangible fixed assets | 22/27 | €448,949 | €636,067 | +€187,117 | +41.7% |
| Land and buildings | 22 | €425,543 | €564,103 | +€138,559 | +32.6% |
| Plant, machinery and equipment | 23 | €2,484 | €55,673 | +€53,189 | +2,141% |
| Furniture and vehicles | 24 | €20,922 | €16,291 | -€4,631 | -22.1% |
| Financial fixed assets | 28 | €2,450 | €2,450 | = | 0.0% |
| Current assets | 29/58 | €153,652 | €83,496 | -€70,156 | -45.7% |
| Amounts receivable within one year | 40/41 | €27,402 | €16,634 | -€10,768 | -39.3% |
| Trade receivables | 40 | €27,397 | €8,857 | -€18,540 | -67.7% |
| Other amounts receivable | 41 | €5 | €7,777 | +€7,773 | +163,632% |
| Cash at bank and in hand | 54/58 | €124,560 | €63,989 | -€60,570 | -48.6% |
| Deferred charges and accrued income | 490/1 | €1,691 | €2,873 | +€1,182 | +69.9% |
| Total equity and liabilities | 10/49 | €605,051 | €722,012 | +€116,961 | +19.3% |
| Equity | 10/15 | €83,439 | €21,935 | -€61,503 | -73.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €80,000 | €18,000 | -€62,000 | -77.5% |
| Distributable reserves | 133 | €80,000 | €18,000 | -€62,000 | -77.5% |
| Profit (loss) carried forward | 14 | €439 | €935 | +€497 | +113% |
| Amounts payable | 17/49 | €521,613 | €700,077 | +€178,464 | +34.2% |
| Amounts payable after more than one year | 17 | €286,205 | €575,878 | +€289,673 | +101% |
| Financial debts | 170/4 | €286,205 | €575,878 | +€289,673 | +101% |
| Amounts payable within one year | 42/48 | €232,577 | €121,507 | -€111,070 | -47.8% |
| Current portion of amounts payable after more than one year | 42 | €15,865 | €20,815 | +€4,950 | +31.2% |
| Trade debts | 44 | €196,844 | €7,921 | -€188,923 | -96.0% |
| Suppliers | 440/4 | €196,844 | €7,921 | -€188,923 | -96.0% |
| Taxes, remuneration and social security | 45 | €15,550 | €6,575 | -€8,975 | -57.7% |
| Taxes | 450/3 | €14,042 | €5,067 | -€8,975 | -63.9% |
| Remuneration and social security | 454/9 | €1,508 | €1,508 | = | 0.0% |
| Other amounts payable | 47/48 | €4,319 | €86,196 | +€81,877 | +1,896% |
| Accrued charges and deferred income | 492/3 | €2,831 | €2,692 | -€139 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,158 | €36,461 | +€24,304 | +200% |
| Other operating charges | 640/8 | €2,180 | €2,997 | +€817 | +37.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €57,213 | €75,860 | +€18,646 | +32.6% |
| Operating profit (loss) | 9901 | €42,876 | €36,401 | -€6,475 | -15.1% |
| Financial income | 75/76B | €11 | €15 | +€4 | +38.0% |
| Recurring financial income | 75 | €11 | €15 | +€4 | +38.0% |
| Financial charges | 65/66B | €10,744 | €17,875 | +€7,131 | +66.4% |
| Recurring financial charges | 65 | €10,744 | €17,875 | +€7,131 | +66.4% |
| Profit (loss) for the period before taxes | 9903 | €32,143 | €18,541 | -€13,602 | -42.3% |
| Income taxes | 67/77 | €1,857 | €44 | -€1,813 | -97.6% |
| Profit (loss) for the period | 9904 | €30,285 | €18,497 | -€11,789 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,285 | €18,497 | -€11,789 | -38.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.