ENGINEERING DESIGN DEVELOPMENT: 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 DESIGN DEVELOPMENT
Largest movements
- Cash -€40,357
down €40,357 (-53.1%), from €76,006 to €35,649
mainly Contributions, distributions and other (-€100,000) and Provisions (-€2,483)
- Tangible fixed assets -€11,060
down €11,060 (-3.2%), from €349,426 to €338,366
- Reserves -€107,449
down €107,449 (-32.0%), from €335,902 to €228,453
of which Distributable reserves: -€100,000
- Other debts +€50,000
up €50,000 (+200.0%), from €25,000 to €75,000
- Profit (loss) carried forward +€9,999
up €9,999 (+9.9%), from €100,897 to €110,896
- Other operating charges -€514
down €514 (-17.4%), from €2,947 to €2,433
- Financial charges +€465
up €465 (+1550.7%), from €30 to €495
- Gross operating margin -€292
down €292 (-2.4%), from €12,347 to €12,055
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 | €532,349 | €482,931 | -€49,417 | -9.3% |
| Fixed assets | 21/28 | €349,426 | €338,366 | -€11,060 | -3.2% |
| Tangible fixed assets | 22/27 | €349,426 | €338,366 | -€11,060 | -3.2% |
| Land and buildings | 22 | €349,426 | €338,366 | -€11,060 | -3.2% |
| Current assets | 29/58 | €182,923 | €144,566 | -€38,357 | -21.0% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,917 | €8,917 | +€2,000 | +28.9% |
| Other amounts receivable | 41 | €6,917 | €8,917 | +€2,000 | +28.9% |
| Cash at bank and in hand | 54/58 | €76,006 | €35,649 | -€40,357 | -53.1% |
| Total equity and liabilities | 10/49 | €532,349 | €482,931 | -€49,417 | -9.3% |
| Equity | 10/15 | €461,799 | €364,349 | -€97,450 | -21.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Outside capital | 11 | €25,000 | €25,000 | = | 0.0% |
| Other | 1109/19 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €335,902 | €228,453 | -€107,449 | -32.0% |
| Tax-exempt reserves | 132 | €134,077 | €126,628 | -€7,449 | -5.6% |
| Distributable reserves | 133 | €201,825 | €101,825 | -€100,000 | -49.5% |
| Profit (loss) carried forward | 14 | €100,897 | €110,896 | +€9,999 | +9.9% |
| Provisions and deferred taxes | 16 | €44,692 | €42,209 | -€2,483 | -5.6% |
| Deferred taxes | 168 | €44,692 | €42,209 | -€2,483 | -5.6% |
| Amounts payable | 17/49 | €25,857 | €76,373 | +€50,516 | +195.4% |
| Amounts payable within one year | 42/48 | €25,857 | €76,373 | +€50,516 | +195.4% |
| Trade debts | 44 | €857 | €1,373 | +€516 | +60.2% |
| Suppliers | 440/4 | €857 | €1,373 | +€516 | +60.2% |
| Other amounts payable | 47/48 | €25,000 | €75,000 | +€50,000 | +200.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,060 | €11,060 | = | 0.0% |
| Other operating charges | 640/8 | €2,947 | €2,433 | -€514 | -17.4% |
| Gross operating margin | 9900 | €12,347 | €12,055 | -€292 | -2.4% |
| Operating profit (loss) | 9901 | -€1,660 | -€1,438 | +€222 | +13.4% |
| Financial income | 75/76B | €2,000 | €2,000 | = | 0.0% |
| Recurring financial income | 75 | €2,000 | €2,000 | = | 0.0% |
| Financial charges | 65/66B | €30 | €495 | +€465 | +1550.7% |
| Recurring financial charges | 65 | €30 | €495 | +€465 | +1550.7% |
| Profit (loss) for the period before taxes | 9903 | €310 | €67 | -€243 | -78.4% |
| Transfer from deferred taxes | 780 | €2,483 | €2,483 | = | 0.0% |
| Profit (loss) for the period | 9904 | €2,793 | €2,550 | -€243 | -8.7% |
| Transfer from tax-exempt reserves | 789 | €7,449 | €7,449 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,241 | €9,999 | -€243 | -2.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.