Engineering & Operational Services and Solution: 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 & Operational Services and Solution
Largest movements
- Receivables within one year +€32,790
up €32,790 (+96.1%), from €34,132 to €66,923
of which Trade receivables: +€42,538
- Tangible fixed assets -€14,232
down €14,232 (-27.6%), from €51,587 to €37,355
of which Furniture and vehicles: -€13,827
- Cash +€13,145
up €13,145 (+16.8%), from €78,079 to €91,224
mainly Net result for the year (+€31,207) and Other debts (+€23,215)
- Other debts +€23,215
up €23,215 (+30.2%), from €76,969 to €100,184
- Tax, wage and social debts +€9,949
up €9,949 (+81.1%), from €12,275 to €22,224
of which Taxes: +€5,949
- Gross operating margin -€57,433
down €57,433 (-51.0%), from €112,700 to €55,267
- Taxes -€11,996
down €11,996 (-57.4%), from €20,897 to €8,901
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 | €198,155 | €230,498 | +€32,343 | +16.3% |
| Fixed assets | 21/28 | €51,587 | €37,355 | -€14,232 | -27.6% |
| Tangible fixed assets | 22/27 | €51,587 | €37,355 | -€14,232 | -27.6% |
| Furniture and vehicles | 24 | €50,644 | €36,817 | -€13,827 | -27.3% |
| Other tangible fixed assets | 26 | €943 | €538 | -€405 | -43.0% |
| Current assets | 29/58 | €146,568 | €193,143 | +€46,575 | +31.8% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Trade receivables | 290 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,132 | €66,923 | +€32,790 | +96.1% |
| Trade receivables | 40 | €7,771 | €50,309 | +€42,538 | +547.4% |
| Other amounts receivable | 41 | €26,362 | €16,614 | -€9,748 | -37.0% |
| Cash at bank and in hand | 54/58 | €78,079 | €91,224 | +€13,145 | +16.8% |
| Deferred charges and accrued income | 490/1 | €4,357 | €4,997 | +€639 | +14.7% |
| Total equity and liabilities | 10/49 | €198,155 | €230,498 | +€32,343 | +16.3% |
| Equity | 10/15 | €106,914 | €106,914 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,314 | €88,314 | = | 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 | €86,454 | €86,454 | = | 0.0% |
| Amounts payable | 17/49 | €91,241 | €123,584 | +€32,343 | +35.4% |
| Amounts payable within one year | 42/48 | €90,067 | €123,271 | +€33,205 | +36.9% |
| Trade debts | 44 | €823 | €863 | +€41 | +4.9% |
| Suppliers | 440/4 | €823 | €863 | +€41 | +4.9% |
| Taxes, remuneration and social security | 45 | €12,275 | €22,224 | +€9,949 | +81.1% |
| Taxes | 450/3 | €12,275 | €18,224 | +€5,949 | +48.5% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €76,969 | €100,184 | +€23,215 | +30.2% |
| Accrued charges and deferred income | 492/3 | €1,174 | €313 | -€861 | -73.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,009 | €15,525 | +€516 | +3.4% |
| Other operating charges | 640/8 | €900 | €936 | +€36 | +4.0% |
| Gross operating margin | 9900 | €112,700 | €55,267 | -€57,433 | -51.0% |
| Operating profit (loss) | 9901 | €96,791 | €38,806 | -€57,984 | -59.9% |
| Financial income | 75/76B | €1,918 | €1,478 | -€440 | -23.0% |
| Recurring financial income | 75 | €1,918 | €1,478 | -€440 | -23.0% |
| Financial charges | 65/66B | €281 | €176 | -€105 | -37.4% |
| Recurring financial charges | 65 | €281 | €176 | -€105 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | €98,428 | €40,108 | -€58,320 | -59.3% |
| Income taxes | 67/77 | €20,897 | €8,901 | -€11,996 | -57.4% |
| Profit (loss) for the period | 9904 | €77,531 | €31,207 | -€46,324 | -59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €77,531 | €31,207 | -€46,324 | -59.7% |
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 1 October 2026 via checked.be.