ENGINEERING PROJECT SOLUTIONS: 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 PROJECT SOLUTIONS
Largest movements
- Cash +€11,720
up €11,720 (+200%), from €5,865 to €17,585
mainly Depreciation (+€11,249) and Tax, wage and social debts (+€8,647)
- Tangible fixed assets -€11,249
down €11,249 (-30.1%), from €37,425 to €26,176
- Receivables within one year +€1,897
up €1,897 (+7.3%), from €25,915 to €27,812
of which Trade receivables: +€2,755
- Tax, wage and social debts +€8,647
up €8,647 (+107%), from €8,116 to €16,764
of which Taxes: +€5,114
- Profit (loss) carried forward -€6,173
down €6,173 (-99.4%), from €6,211 to €38
- Gross operating margin +€22,706
up €22,706 (+57.0%), from €39,857 to €62,563
- Staff costs +€17,791
up €17,791 (+77.1%), from €23,083 to €40,874
- Depreciation +€5,965
up €5,965 (+113%), from €5,284 to €11,249
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 | €69,582 | €71,971 | +€2,389 | +3.4% |
| Fixed assets | 21/28 | €37,425 | €26,176 | -€11,249 | -30.1% |
| Tangible fixed assets | 22/27 | €37,425 | €26,176 | -€11,249 | -30.1% |
| Furniture and vehicles | 24 | €37,425 | €26,176 | -€11,249 | -30.1% |
| Current assets | 29/58 | €32,157 | €45,795 | +€13,638 | +42.4% |
| Amounts receivable within one year | 40/41 | €25,915 | €27,812 | +€1,897 | +7.3% |
| Trade receivables | 40 | €24,650 | €27,405 | +€2,755 | +11.2% |
| Other amounts receivable | 41 | €1,265 | €407 | -€858 | -67.8% |
| Cash at bank and in hand | 54/58 | €5,865 | €17,585 | +€11,720 | +200% |
| Deferred charges and accrued income | 490/1 | €376 | €398 | +€21 | +5.7% |
| Total equity and liabilities | 10/49 | €69,582 | €71,971 | +€2,389 | +3.4% |
| Equity | 10/15 | €8,211 | €2,038 | -€6,173 | -75.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,211 | €38 | -€6,173 | -99.4% |
| Amounts payable | 17/49 | €61,371 | €69,933 | +€8,562 | +14.0% |
| Amounts payable after more than one year | 17 | €18,856 | €18,345 | -€511 | -2.7% |
| Financial debts | 170/4 | €18,856 | €7,704 | -€11,152 | -59.1% |
| Other amounts payable | 178/9 | - | €10,641 | +€10,641 | |
| Amounts payable within one year | 42/48 | €42,515 | €51,588 | +€9,072 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €10,684 | €11,152 | +€467 | +4.4% |
| Trade debts | 44 | €12,572 | €12,472 | -€100 | -0.8% |
| Suppliers | 440/4 | €12,572 | €12,472 | -€100 | -0.8% |
| Taxes, remuneration and social security | 45 | €8,116 | €16,764 | +€8,647 | +107% |
| Taxes | 450/3 | €6,344 | €11,459 | +€5,114 | +80.6% |
| Remuneration and social security | 454/9 | €1,772 | €5,305 | +€3,533 | +199% |
| Other amounts payable | 47/48 | €11,143 | €11,200 | +€57 | +0.5% |
| Remuneration, social security and pensions | 62 | €23,083 | €40,874 | +€17,791 | +77.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,284 | €11,249 | +€5,965 | +113% |
| Other operating charges | 640/8 | €1,295 | €1,457 | +€162 | +12.5% |
| Gross operating margin | 9900 | €39,857 | €62,563 | +€22,706 | +57.0% |
| Operating profit (loss) | 9901 | €10,196 | €8,984 | -€1,212 | -11.9% |
| Financial charges | 65/66B | €1,392 | €1,480 | +€87 | +6.3% |
| Recurring financial charges | 65 | €1,392 | €1,480 | +€87 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €8,804 | €7,504 | -€1,300 | -14.8% |
| Income taxes | 67/77 | €2,593 | €2,476 | -€116 | -4.5% |
| Profit (loss) for the period | 9904 | €6,211 | €5,027 | -€1,184 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,211 | €5,027 | -€1,184 | -19.1% |
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 13 October 2026 via checked.be.