ENGINEERING PARTNERS: 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.
What changed
ENGINEERING PARTNERS
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,269
2024 · -€5,967+€9,236
Equity
€80,756
2024 · €77,487+€3,269
Cash
€22,076
2024 · €25,352-€3,275
Balance sheet total
€983,847
2024 · €966,631+€17,216
Largest movements
Assets
- Receivables within one year +€14,891
up €14,891 (+1781.6%), from €836 to €15,727
of which Trade receivables: +€14,791
Equity and liabilities
- Other debts -€33,924
down €33,924 (-11.5%), from €294,529 to €260,605
- Debts after one year +€27,721
up €27,721 (+5.5%), from €500,981 to €528,702
- Current portion of long-term debt +€12,086
up €12,086 (+19.7%), from €61,383 to €73,468
Income statement
- Gross operating margin +€24,958
up €24,958 (+23.7%), from €105,479 to €130,437
- Depreciation +€11,599
up €11,599 (+14.2%), from €81,498 to €93,097
- Staff costs -€2,981
down €2,981 (-82.2%), from €3,626 to €644
- Taxes +€2,275
up €2,275 (+833.7%), from €273 to €2,548
- Other operating charges -€2,148
down €2,148 (-18.2%), from €11,785 to €9,637
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.
Result 2024
-€5,967
Gross operating margin
+€24,958
Staff costs
+€2,981
Depreciation
-€11,599
Other operating charges
+€2,148
Other operating items
-€6,480
Financial income
-€239
Financial charges
-€259
Taxes
-€2,275
Result 2025
€3,269
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.
From operations
+€56,802
Investment
-€99,884
Financing
+€39,807
Cash 2024
€25,352
From operations (derived)
+€56,802
Net result for the year
+€3,269
Depreciation
+€93,097
Receivables within one year
-€14,891
Deferred charges and accrued income
+€1,187
Trade debts
+€7,016
Tax, wage and social debts
+€1,034
Other debts
-€33,924
Accrued charges and deferred income
+€14
Investment (derived)
-€99,884
Investment in fixed assets (net)
-€99,884
Financing
+€39,807
Debts after one year
+€27,721
Current portion of long-term debt
+€12,086
Cash 2025
€22,076
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €966,631 | €983,847 | +€17,216 | +1.8% |
| Fixed assets | 21/28 | €929,887 | €936,674 | +€6,787 | +0.7% |
| Tangible fixed assets | 22/27 | €929,887 | €936,674 | +€6,787 | +0.7% |
| Land and buildings | 22 | €883,713 | €908,216 | +€24,502 | +2.8% |
| Plant, machinery and equipment | 23 | €10,308 | €8,308 | -€2,001 | -19.4% |
| Furniture and vehicles | 24 | €28,854 | €12,915 | -€15,939 | -55.2% |
| Other tangible fixed assets | 26 | €7,011 | €7,235 | +€224 | +3.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €36,743 | €47,173 | +€10,429 | +28.4% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €836 | €15,727 | +€14,891 | +1781.6% |
| Trade receivables | 40 | €0 | €14,791 | +€14,791 | |
| Other amounts receivable | 41 | €836 | €936 | +€100 | +12.0% |
| Cash at bank and in hand | 54/58 | €25,352 | €22,076 | -€3,275 | -12.9% |
| Deferred charges and accrued income | 490/1 | €5,556 | €4,369 | -€1,187 | -21.4% |
| Total equity and liabilities | 10/49 | €966,631 | €983,847 | +€17,216 | +1.8% |
| Equity | 10/15 | €77,487 | €80,756 | +€3,269 | +4.2% |
| Contributions | 10/11 | €44,000 | €44,000 | = | 0.0% |
| Reserves | 13 | €39,454 | €39,454 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,277 | €2,277 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,277 | €2,277 | = | 0.0% |
| Tax-exempt reserves | 132 | €729 | €729 | = | 0.0% |
| Distributable reserves | 133 | €36,448 | €36,448 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,967 | -€2,698 | +€3,269 | +54.8% |
| Amounts payable | 17/49 | €889,143 | €903,091 | +€13,947 | +1.6% |
| Amounts payable after more than one year | 17 | €500,981 | €528,702 | +€27,721 | +5.5% |
| Financial debts | 170/4 | €500,981 | €528,702 | +€27,721 | +5.5% |
| Amounts payable within one year | 42/48 | €388,162 | €374,374 | -€13,788 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €61,383 | €73,468 | +€12,086 | +19.7% |
| Trade debts | 44 | €12,893 | €19,909 | +€7,016 | +54.4% |
| Suppliers | 440/4 | €12,893 | €19,909 | +€7,016 | +54.4% |
| Taxes, remuneration and social security | 45 | €19,358 | €20,392 | +€1,034 | +5.3% |
| Taxes | 450/3 | €12,608 | €14,642 | +€2,034 | +16.1% |
| Remuneration and social security | 454/9 | €6,750 | €5,750 | -€1,000 | -14.8% |
| Other amounts payable | 47/48 | €294,529 | €260,605 | -€33,924 | -11.5% |
| Accrued charges and deferred income | 492/3 | €0 | €14 | +€14 | |
| Non-recurring operating income | 76A | €90 | €0 | -€90 | -100.0% |
| Remuneration, social security and pensions | 62 | €3,626 | €644 | -€2,981 | -82.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,498 | €93,097 | +€11,599 | +14.2% |
| Other operating charges | 640/8 | €11,785 | €9,637 | -€2,148 | -18.2% |
| Non-recurring operating charges | 66A | - | €6,480 | +€6,480 | |
| Gross operating margin | 9900 | €105,479 | €130,437 | +€24,958 | +23.7% |
| Operating profit (loss) | 9901 | €8,570 | €20,579 | +€12,009 | +140.1% |
| Financial income | 75/76B | €287 | €48 | -€239 | -83.2% |
| Recurring financial income | 75 | €287 | €48 | -€239 | -83.2% |
| Financial charges | 65/66B | €14,551 | €14,810 | +€259 | +1.8% |
| Recurring financial charges | 65 | €14,551 | €14,810 | +€259 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,694 | €5,817 | +€11,511 | |
| Income taxes | 67/77 | €273 | €2,548 | +€2,275 | +833.7% |
| Profit (loss) for the period | 9904 | -€5,967 | €3,269 | +€9,236 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,967 | €3,269 | +€9,236 |
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 10 October 2026 via checked.be.