Engineering Experience: 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 Experience
Largest movements
- Receivables within one year -€40,219
down €40,219 (-74.4%), from €54,049 to €13,830
of which Trade receivables: -€37,261
- Tangible fixed assets -€10,759
down €10,759 (-27.0%), from €39,792 to €29,033
of which Plant, machinery and equipment: -€24,233
- Cash +€3,307
up €3,307 (+14.4%), from €22,991 to €26,299
mainly Receivables within one year (+€40,219) and Depreciation (+€12,258)
- Tax, wage and social debts -€18,937
down €18,937 (-97.9%), from €19,350 to €412
- Trade debts -€18,395
down €18,395 (-81.7%), from €22,519 to €4,124
- Profit (loss) carried forward -€10,236
down €10,236 (-13.9%), from €73,513 to €63,277
- Gross operating margin -€22,675
down €22,675 (-81.7%), from €27,746 to €5,071
- Taxes -€3,640
down €3,640 (-89.1%), from €4,085 to €445
- Other operating charges +€2,595
up €2,595, from €0 to €2,595
- Depreciation +€2,215
up €2,215 (+22.1%), from €10,043 to €12,258
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 | €119,382 | €71,813 | -€47,568 | -39.8% |
| Fixed assets | 21/28 | €40,192 | €29,433 | -€10,759 | -26.8% |
| Tangible fixed assets | 22/27 | €39,792 | €29,033 | -€10,759 | -27.0% |
| Plant, machinery and equipment | 23 | €25,433 | €1,201 | -€24,233 | -95.3% |
| Furniture and vehicles | 24 | €14,358 | €27,832 | +€13,474 | +93.8% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €79,190 | €42,380 | -€36,810 | -46.5% |
| Amounts receivable within one year | 40/41 | €54,049 | €13,830 | -€40,219 | -74.4% |
| Trade receivables | 40 | €37,261 | €0 | -€37,261 | -100% |
| Other amounts receivable | 41 | €16,789 | €13,830 | -€2,959 | -17.6% |
| Cash at bank and in hand | 54/58 | €22,991 | €26,299 | +€3,307 | +14.4% |
| Deferred charges and accrued income | 490/1 | €2,149 | €2,251 | +€102 | +4.8% |
| Total equity and liabilities | 10/49 | €119,382 | €71,813 | -€47,568 | -39.8% |
| Equity | 10/15 | €77,513 | €67,277 | -€10,236 | -13.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,513 | €63,277 | -€10,236 | -13.9% |
| Amounts payable | 17/49 | €41,869 | €4,536 | -€37,332 | -89.2% |
| Amounts payable within one year | 42/48 | €41,869 | €4,536 | -€37,332 | -89.2% |
| Trade debts | 44 | €22,519 | €4,124 | -€18,395 | -81.7% |
| Suppliers | 440/4 | €22,519 | €4,124 | -€18,395 | -81.7% |
| Taxes, remuneration and social security | 45 | €19,350 | €412 | -€18,937 | -97.9% |
| Taxes | 450/3 | €19,350 | €412 | -€18,937 | -97.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,043 | €12,258 | +€2,215 | +22.1% |
| Other operating charges | 640/8 | €0 | €2,595 | +€2,595 | |
| Gross operating margin | 9900 | €27,746 | €5,071 | -€22,675 | -81.7% |
| Operating profit (loss) | 9901 | €17,703 | -€9,781 | -€27,484 | |
| Financial income | 75/76B | €533 | €367 | -€166 | -31.1% |
| Recurring financial income | 75 | €533 | €367 | -€166 | -31.1% |
| Financial charges | 65/66B | €126 | €376 | +€250 | +198% |
| Recurring financial charges | 65 | €126 | €376 | +€250 | +198% |
| Profit (loss) for the period before taxes | 9903 | €18,110 | -€9,790 | -€27,900 | |
| Income taxes | 67/77 | €4,085 | €445 | -€3,640 | -89.1% |
| Profit (loss) for the period | 9904 | €14,025 | -€10,236 | -€24,261 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,025 | -€10,236 | -€24,261 |
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 21 October 2026 via checked.be.