Engineering service: 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 service
Largest movements
- Receivables within one year -€6,398
down €6,398 (-32.7%), from €19,561 to €13,163
of which Trade receivables: -€6,898
- Cash -€5,930
down €5,930 (-11.4%), from €51,833 to €45,904
mainly Contributions, distributions and other (-€26,000) and Net result for the year (-€7,916)
- Tangible fixed assets +€1,383
up €1,383 (+139.2%), from €994 to €2,377
of which Furniture and vehicles: +€2,210
- Other debts +€27,997
up €27,997 (+2378.6%), from €1,177 to €29,174
- Reserves -€26,000
down €26,000 (-85.2%), from €30,500 to €4,500
- Profit (loss) carried forward -€7,916
down €7,916, from €6,438 to -€1,478
- Trade debts -€2,939
down €2,939 (-24.8%), from €11,873 to €8,934
- Tax, wage and social debts -€2,421
down €2,421 (-71.8%), from €3,373 to €952
- Gross operating margin -€8,705
down €8,705, from €2,423 to -€6,282
- Depreciation -€1,237
down €1,237 (-54.7%), from €2,262 to €1,025
- Other operating charges -€1,030
down €1,030 (-72.0%), from €1,430 to €400
- Taxes -€167
down €167 (-90.8%), from €184 to €17
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 | €73,812 | €62,533 | -€11,279 | -15.3% |
| Fixed assets | 21/28 | €1,032 | €2,415 | +€1,383 | +134.1% |
| Tangible fixed assets | 22/27 | €994 | €2,377 | +€1,383 | +139.2% |
| Furniture and vehicles | 24 | €168 | €2,377 | +€2,210 | +1318.5% |
| Other tangible fixed assets | 26 | €826 | - | -€826 | |
| Financial fixed assets | 28 | €38 | €38 | = | 0.0% |
| Current assets | 29/58 | €72,780 | €60,118 | -€12,662 | -17.4% |
| Amounts receivable within one year | 40/41 | €19,561 | €13,163 | -€6,398 | -32.7% |
| Trade receivables | 40 | €19,561 | €12,663 | -€6,898 | -35.3% |
| Other amounts receivable | 41 | - | €500 | +€500 | |
| Cash at bank and in hand | 54/58 | €51,833 | €45,904 | -€5,930 | -11.4% |
| Deferred charges and accrued income | 490/1 | €1,386 | €1,052 | -€334 | -24.1% |
| Total equity and liabilities | 10/49 | €73,812 | €62,533 | -€11,279 | -15.3% |
| Equity | 10/15 | €57,389 | €23,473 | -€33,916 | -59.1% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €30,500 | €4,500 | -€26,000 | -85.2% |
| Distributable reserves | 133 | €30,500 | €4,500 | -€26,000 | -85.2% |
| Profit (loss) carried forward | 14 | €6,438 | -€1,478 | -€7,916 | |
| Amounts payable | 17/49 | €16,423 | €39,060 | +€22,637 | +137.8% |
| Amounts payable within one year | 42/48 | €16,423 | €39,060 | +€22,637 | +137.8% |
| Trade debts | 44 | €11,873 | €8,934 | -€2,939 | -24.8% |
| Suppliers | 440/4 | €11,873 | €8,934 | -€2,939 | -24.8% |
| Taxes, remuneration and social security | 45 | €3,373 | €952 | -€2,421 | -71.8% |
| Taxes | 450/3 | €3,373 | €952 | -€2,421 | -71.8% |
| Other amounts payable | 47/48 | €1,177 | €29,174 | +€27,997 | +2378.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,262 | €1,025 | -€1,237 | -54.7% |
| Other operating charges | 640/8 | €1,430 | €400 | -€1,030 | -72.0% |
| Gross operating margin | 9900 | €2,423 | -€6,282 | -€8,705 | |
| Operating profit (loss) | 9901 | -€1,269 | -€7,706 | -€6,438 | -507.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €132 | €192 | +€60 | +45.6% |
| Recurring financial charges | 65 | €132 | €192 | +€60 | +45.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,401 | -€7,899 | -€6,498 | -463.8% |
| Income taxes | 67/77 | €184 | €17 | -€167 | -90.8% |
| Profit (loss) for the period | 9904 | -€1,585 | -€7,916 | -€6,330 | -399.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,585 | -€7,916 | -€6,330 | -399.4% |
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 30 September 2026 via checked.be.