Engineering Services Daniels: 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 Services Daniels
Largest movements
- Receivables within one year +€11,767
up €11,767 (+43.5%), from €27,043 to €38,810
of which Other amounts receivable: +€11,767
- Cash -€9,534
down €9,534 (-20.7%), from €46,069 to €36,535
mainly Receivables within one year (-€11,767) and Investment in fixed assets (net) (-€3,835)
- Tangible fixed assets +€2,249
up €2,249 (+103%), from €2,178 to €4,427
of which Furniture and vehicles: +€2,920
- Profit (loss) carried forward +€3,315
up €3,315 (+4.5%), from -€73,942 to -€70,627
- Trade debts +€829
up €829 (+68.2%), from €1,216 to €2,045
- Write-downs -€51,649
down €51,649 (-100%), from €51,649 to €0
- Gross operating margin +€15,687
up €15,687, from -€9,310 to €6,377
- Depreciation -€2,600
down €2,600 (-62.1%), from €4,186 to €1,586
- Financial charges -€378
down €378 (-73.9%), from €512 to €134
- Taxes -€199
down €199 (-27.4%), from €724 to €526
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 | €77,557 | €82,167 | +€4,611 | +5.9% |
| Fixed assets | 21/28 | €2,178 | €4,427 | +€2,249 | +103% |
| Tangible fixed assets | 22/27 | €2,178 | €4,427 | +€2,249 | +103% |
| Plant, machinery and equipment | 23 | €1,781 | €1,109 | -€671 | -37.7% |
| Furniture and vehicles | 24 | €397 | €3,318 | +€2,920 | +735% |
| Current assets | 29/58 | €75,379 | €77,740 | +€2,362 | +3.1% |
| Amounts receivable within one year | 40/41 | €27,043 | €38,810 | +€11,767 | +43.5% |
| Trade receivables | 40 | €10,846 | €10,846 | = | 0.0% |
| Other amounts receivable | 41 | €16,197 | €27,964 | +€11,767 | +72.7% |
| Cash at bank and in hand | 54/58 | €46,069 | €36,535 | -€9,534 | -20.7% |
| Deferred charges and accrued income | 490/1 | €2,267 | €2,396 | +€129 | +5.7% |
| Total equity and liabilities | 10/49 | €77,557 | €82,167 | +€4,611 | +5.9% |
| Equity | 10/15 | €74,841 | €78,156 | +€3,315 | +4.4% |
| Contributions | 10/11 | €16,947 | €16,947 | = | 0.0% |
| Reserves | 13 | €131,836 | €131,836 | = | 0.0% |
| Distributable reserves | 133 | €131,836 | €131,836 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,942 | -€70,627 | +€3,315 | +4.5% |
| Amounts payable | 17/49 | €2,716 | €4,011 | +€1,296 | +47.7% |
| Amounts payable within one year | 42/48 | €2,716 | €4,011 | +€1,296 | +47.7% |
| Trade debts | 44 | €1,216 | €2,045 | +€829 | +68.2% |
| Suppliers | 440/4 | €1,216 | €2,045 | +€829 | +68.2% |
| Taxes, remuneration and social security | 45 | €1,500 | €1,966 | +€466 | +31.1% |
| Taxes | 450/3 | €1,500 | €1,966 | +€466 | +31.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,186 | €1,586 | -€2,600 | -62.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €51,649 | €0 | -€51,649 | -100% |
| Other operating charges | 640/8 | €1,735 | €1,904 | +€170 | +9.8% |
| Gross operating margin | 9900 | -€9,310 | €6,377 | +€15,687 | |
| Operating profit (loss) | 9901 | -€66,880 | €2,887 | +€69,767 | |
| Financial income | 75/76B | €988 | €1,088 | +€100 | +10.1% |
| Recurring financial income | 75 | €988 | €1,088 | +€100 | +10.1% |
| Financial charges | 65/66B | €512 | €134 | -€378 | -73.9% |
| Recurring financial charges | 65 | €512 | €134 | -€378 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | -€66,404 | €3,841 | +€70,244 | |
| Income taxes | 67/77 | €724 | €526 | -€199 | -27.4% |
| Profit (loss) for the period | 9904 | -€67,128 | €3,315 | +€70,443 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,128 | €3,315 | +€70,443 |
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.