ENGINEERING CONSULTING GROUP: 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 CONSULTING GROUP
Largest movements
- Receivables within one year -€35,377
down €35,377 (-30.7%), from €115,394 to €80,017
of which Other amounts receivable: -€26,733
- Cash -€16,151
down €16,151 (-62.3%), from €25,919 to €9,769
mainly Tax, wage and social debts (-€45,545) and Trade debts (-€9,018)
- Tax, wage and social debts -€45,545
down €45,545 (-72.3%), from €63,000 to €17,455
- Trade debts -€9,018
down €9,018 (-50.2%), from €17,979 to €8,962
of which Bills of exchange payable: -€8,764
- Profit (loss) carried forward +€5,996
up €5,996 (+5.3%), from €113,836 to €119,832
- Gross operating margin -€7,039
down €7,039 (-21.7%), from €32,426 to €25,388
- Other operating charges -€4,836
down €4,836 (-69.9%), from €6,921 to €2,084
- Financial charges -€3,468
down €3,468 (-46.1%), from €7,526 to €4,059
- Taxes +€2,562
up €2,562 (+32.5%), from €7,882 to €10,444
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 | €206,015 | €157,048 | -€48,967 | -23.8% |
| Fixed assets | 21/28 | €64,402 | €66,375 | +€1,972 | +3.1% |
| Tangible fixed assets | 22/27 | €54,402 | €56,375 | +€1,972 | +3.6% |
| Land and buildings | 22 | €53,000 | €53,000 | = | 0.0% |
| Furniture and vehicles | 24 | €1,402 | €3,375 | +€1,972 | +140.7% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €141,613 | €90,673 | -€50,940 | -36.0% |
| Amounts receivable within one year | 40/41 | €115,394 | €80,017 | -€35,377 | -30.7% |
| Trade receivables | 40 | €9,764 | €1,120 | -€8,644 | -88.5% |
| Other amounts receivable | 41 | €105,630 | €78,897 | -€26,733 | -25.3% |
| Cash at bank and in hand | 54/58 | €25,919 | €9,769 | -€16,151 | -62.3% |
| Deferred charges and accrued income | 490/1 | €300 | €888 | +€588 | +196.0% |
| Total equity and liabilities | 10/49 | €206,015 | €157,048 | -€48,967 | -23.8% |
| Equity | 10/15 | €123,836 | €129,832 | +€5,996 | +4.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,836 | €119,832 | +€5,996 | +5.3% |
| Amounts payable | 17/49 | €82,180 | €27,216 | -€54,963 | -66.9% |
| Amounts payable within one year | 42/48 | €82,180 | €26,416 | -€55,763 | -67.9% |
| Trade debts | 44 | €17,979 | €8,962 | -€9,018 | -50.2% |
| Suppliers | 440/4 | €9,215 | €8,962 | -€254 | -2.8% |
| Bills of exchange payable | 441 | €8,764 | - | -€8,764 | |
| Advances received on contracts in progress | 46 | €1,200 | - | -€1,200 | |
| Taxes, remuneration and social security | 45 | €63,000 | €17,455 | -€45,545 | -72.3% |
| Taxes | 450/3 | €63,000 | €17,455 | -€45,545 | -72.3% |
| Accrued charges and deferred income | 492/3 | - | €800 | +€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €768 | €827 | +€59 | +7.6% |
| Other operating charges | 640/8 | €6,921 | €2,084 | -€4,836 | -69.9% |
| Non-recurring operating charges | 66A | €3,103 | €2,069 | -€1,035 | -33.3% |
| Gross operating margin | 9900 | €32,426 | €25,388 | -€7,039 | -21.7% |
| Operating profit (loss) | 9901 | €21,634 | €20,408 | -€1,226 | -5.7% |
| Financial income | 75/76B | €8 | €91 | +€83 | +1022.7% |
| Recurring financial income | 75 | €8 | €91 | +€83 | +1022.7% |
| Financial charges | 65/66B | €7,526 | €4,059 | -€3,468 | -46.1% |
| Recurring financial charges | 65 | €7,526 | €4,059 | -€3,468 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | €14,116 | €16,440 | +€2,324 | +16.5% |
| Income taxes | 67/77 | €7,882 | €10,444 | +€2,562 | +32.5% |
| Profit (loss) for the period | 9904 | €6,234 | €5,996 | -€238 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,234 | €5,996 | -€238 | -3.8% |
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 12 October 2026 via checked.be.