ENGINEERING AND GENERAL GUIDANCE: 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.
ENGINEERING AND GENERAL GUIDANCE
Largest movements
- Tangible fixed assets -€10,129
down €10,129 (-24.8%), from €40,772 to €30,643
of which Furniture and vehicles: -€9,845
- Cash +€9,272
up €9,272 (+11.4%), from €81,165 to €90,437
mainly Depreciation (+€10,129) and Net result for the year (+€4,227)
- Deferred charges and accrued income -€2,465
down €2,465 (-93.2%), from €2,645 to €181
- Profit (loss) carried forward -€7,773
down €7,773 (-38.1%), from €20,399 to €12,626
- Other debts +€3,733
up €3,733 (+136%), from €2,744 to €6,477
- Gross operating margin -€11,521
down €11,521 (-39.9%), from €28,887 to €17,365
- Other operating charges -€2,095
down €2,095 (-60.9%), from €3,440 to €1,344
- Taxes -€570
down €570 (-26.6%), from €2,144 to €1,574
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 | €145,880 | €141,435 | -€4,445 | -3.0% |
| Fixed assets | 21/28 | €40,772 | €30,643 | -€10,129 | -24.8% |
| Tangible fixed assets | 22/27 | €40,772 | €30,643 | -€10,129 | -24.8% |
| Furniture and vehicles | 24 | €39,620 | €29,776 | -€9,845 | -24.8% |
| Other tangible fixed assets | 26 | €1,152 | €867 | -€284 | -24.7% |
| Current assets | 29/58 | €105,108 | €110,792 | +€5,684 | +5.4% |
| Amounts receivable within one year | 40/41 | €21,298 | €20,174 | -€1,124 | -5.3% |
| Trade receivables | 40 | €10,207 | €5,657 | -€4,550 | -44.6% |
| Other amounts receivable | 41 | €11,092 | €14,518 | +€3,426 | +30.9% |
| Cash at bank and in hand | 54/58 | €81,165 | €90,437 | +€9,272 | +11.4% |
| Deferred charges and accrued income | 490/1 | €2,645 | €181 | -€2,465 | -93.2% |
| Total equity and liabilities | 10/49 | €145,880 | €141,435 | -€4,445 | -3.0% |
| Equity | 10/15 | €140,859 | €133,086 | -€7,773 | -5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101,860 | €101,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,399 | €12,626 | -€7,773 | -38.1% |
| Amounts payable | 17/49 | €5,021 | €8,348 | +€3,327 | +66.3% |
| Amounts payable within one year | 42/48 | €5,021 | €8,348 | +€3,327 | +66.3% |
| Trade debts | 44 | - | €265 | +€265 | |
| Suppliers | 440/4 | - | €265 | +€265 | |
| Taxes, remuneration and social security | 45 | €2,277 | €1,607 | -€671 | -29.5% |
| Taxes | 450/3 | €2,277 | €1,607 | -€671 | -29.5% |
| Other amounts payable | 47/48 | €2,744 | €6,477 | +€3,733 | +136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,152 | €10,129 | -€23 | -0.2% |
| Other operating charges | 640/8 | €3,440 | €1,344 | -€2,095 | -60.9% |
| Gross operating margin | 9900 | €28,887 | €17,365 | -€11,521 | -39.9% |
| Operating profit (loss) | 9901 | €15,295 | €5,892 | -€9,403 | -61.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €123 | €91 | -€32 | -26.3% |
| Recurring financial charges | 65 | €123 | €91 | -€32 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €15,172 | €5,801 | -€9,371 | -61.8% |
| Income taxes | 67/77 | €2,144 | €1,574 | -€570 | -26.6% |
| Profit (loss) for the period | 9904 | €13,028 | €4,227 | -€8,801 | -67.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,028 | €4,227 | -€8,801 | -67.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.