ENGINEERING & COORDINATION: 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.
ENGINEERING & COORDINATION
Largest movements
- Cash +€251,328
up €251,328 (+303.3%), from €82,859 to €334,187
mainly Current investments (+€146,121) and Net result for the year (+€103,245)
- Current investments -€146,121
down €146,121 (-34.7%), from €421,500 to €275,379
- Receivables within one year +€8,870
up €8,870 (+11.8%), from €75,124 to €83,994
of which Other amounts receivable: +€9,290
- Reserves +€103,245
up €103,245 (+18.5%), from €557,122 to €660,367
of which Distributable reserves: +€103,245
- Tax, wage and social debts +€7,795
up €7,795 (+105.7%), from €7,374 to €15,169
of which Taxes: +€7,779
- Financial income +€34,630
up €34,630 (+863.0%), from €4,013 to €38,643
of which Financial income: +€20,637
- Gross operating margin -€19,170
down €19,170 (-13.3%), from €143,786 to €124,616
- Depreciation -€5,352
down €5,352 (-34.6%), from €15,471 to €10,119
- Financial charges +€5,286
up €5,286 (+592.6%), from €892 to €6,178
- Taxes +€2,758
up €2,758 (+7.0%), from €39,528 to €42,286
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 | €601,606 | €717,504 | +€115,898 | +19.3% |
| Fixed assets | 21/28 | €17,995 | €19,624 | +€1,630 | +9.1% |
| Tangible fixed assets | 22/27 | €17,995 | €19,624 | +€1,630 | +9.1% |
| Land and buildings | 22 | €5,161 | €3,593 | -€1,569 | -30.4% |
| Furniture and vehicles | 24 | €12,833 | €16,032 | +€3,198 | +24.9% |
| Current assets | 29/58 | €583,612 | €697,880 | +€114,268 | +19.6% |
| Amounts receivable within one year | 40/41 | €75,124 | €83,994 | +€8,870 | +11.8% |
| Trade receivables | 40 | €24,752 | €24,332 | -€420 | -1.7% |
| Other amounts receivable | 41 | €50,372 | €59,662 | +€9,290 | +18.4% |
| Current investments | 50/53 | €421,500 | €275,379 | -€146,121 | -34.7% |
| Cash at bank and in hand | 54/58 | €82,859 | €334,187 | +€251,328 | +303.3% |
| Deferred charges and accrued income | 490/1 | €4,128 | €4,320 | +€192 | +4.6% |
| Total equity and liabilities | 10/49 | €601,606 | €717,504 | +€115,898 | +19.3% |
| Equity | 10/15 | €564,651 | €667,896 | +€103,245 | +18.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €557,122 | €660,367 | +€103,245 | +18.5% |
| Non-distributable reserves | 130/1 | €3,800 | €3,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,800 | €3,800 | = | 0.0% |
| Distributable reserves | 133 | €553,322 | €656,567 | +€103,245 | +18.7% |
| Profit (loss) carried forward | 14 | €1,329 | €1,329 | = | 0.0% |
| Amounts payable | 17/49 | €36,956 | €49,609 | +€12,653 | +34.2% |
| Amounts payable within one year | 42/48 | €36,956 | €47,707 | +€10,752 | +29.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €387 | €6,116 | +€5,729 | +1479.0% |
| Suppliers | 440/4 | €387 | €6,116 | +€5,729 | +1479.0% |
| Taxes, remuneration and social security | 45 | €7,374 | €15,169 | +€7,795 | +105.7% |
| Taxes | 450/3 | €4,826 | €12,605 | +€7,779 | +161.2% |
| Remuneration and social security | 454/9 | €2,549 | €2,565 | +€16 | +0.6% |
| Other amounts payable | 47/48 | €29,194 | €26,422 | -€2,772 | -9.5% |
| Accrued charges and deferred income | 492/3 | - | €1,901 | +€1,901 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,471 | €10,119 | -€5,352 | -34.6% |
| Other operating charges | 640/8 | €827 | €1,432 | +€605 | +73.1% |
| Gross operating margin | 9900 | €143,786 | €124,616 | -€19,170 | -13.3% |
| Operating profit (loss) | 9901 | €127,488 | €113,066 | -€14,422 | -11.3% |
| Financial income | 75/76B | €4,013 | €38,643 | +€34,630 | +863.0% |
| Recurring financial income | 75 | €4,013 | €24,650 | +€20,637 | +514.3% |
| Non-recurring financial income | 76B | - | €13,993 | +€13,993 | |
| Financial charges | 65/66B | €892 | €6,178 | +€5,286 | +592.6% |
| Recurring financial charges | 65 | €892 | €6,178 | +€5,286 | +592.6% |
| Profit (loss) for the period before taxes | 9903 | €130,609 | €145,531 | +€14,922 | +11.4% |
| Income taxes | 67/77 | €39,528 | €42,286 | +€2,758 | +7.0% |
| Profit (loss) for the period | 9904 | €91,081 | €103,245 | +€12,164 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €91,081 | €103,245 | +€12,164 | +13.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.