Engineers in Management: what changed
Engineers in Management
Largest movements
- Receivables within one year -€13,894
down €13,894 (-5.6%), from €246,130 to €232,236
of which Other amounts receivable: -€18,882
- Trade debts -€16,492
down €16,492 (-19.8%), from €83,231 to €66,740
- Tax, wage and social debts +€11,061
up €11,061 (+88.5%), from €12,494 to €23,555
of which Taxes: +€7,458
- Reserves -€10,645
down €10,645 (-33.9%), from €31,419 to €20,774
of which Distributable reserves: -€10,645
- Other debts +€4,601
up €4,601 (+24.0%), from €19,191 to €23,792
- Gross operating margin +€4,441
up €4,441 (+6.7%), from €66,030 to €70,471
- Staff costs +€2,136
up €2,136 (+2.9%), from €73,564 to €75,699
- Other operating charges +€1,322
up €1,322 (+341%), from €387 to €1,710
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €247,459 | €234,861 | -€12,599 | -5.1% |
| Fixed assets | 21/28 | €60 | €60 | = | 0.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €247,399 | €234,801 | -€12,599 | -5.1% |
| Amounts receivable within one year | 40/41 | €246,130 | €232,236 | -€13,894 | -5.6% |
| Trade receivables | 40 | €92,852 | €97,841 | +€4,988 | +5.4% |
| Other amounts receivable | 41 | €153,278 | €134,395 | -€18,882 | -12.3% |
| Cash at bank and in hand | 54/58 | €122 | €1,673 | +€1,551 | +1,269% |
| Deferred charges and accrued income | 490/1 | €1,147 | €892 | -€255 | -22.3% |
| Total equity and liabilities | 10/49 | €247,459 | €234,861 | -€12,599 | -5.1% |
| Equity | 10/15 | €131,419 | €120,774 | -€10,645 | -8.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €31,419 | €20,774 | -€10,645 | -33.9% |
| Tax-exempt reserves | 132 | €408 | €408 | = | 0.0% |
| Distributable reserves | 133 | €31,011 | €20,366 | -€10,645 | -34.3% |
| Amounts payable | 17/49 | €116,040 | €114,087 | -€1,953 | -1.7% |
| Amounts payable within one year | 42/48 | €116,040 | €114,087 | -€1,953 | -1.7% |
| Financial debts | 43 | €1,124 | €0 | -€1,124 | -100% |
| Credit institutions | 430/8 | €1,124 | €0 | -€1,124 | -100% |
| Trade debts | 44 | €83,231 | €66,740 | -€16,492 | -19.8% |
| Suppliers | 440/4 | €83,231 | €66,740 | -€16,492 | -19.8% |
| Taxes, remuneration and social security | 45 | €12,494 | €23,555 | +€11,061 | +88.5% |
| Taxes | 450/3 | €2,392 | €9,850 | +€7,458 | +312% |
| Remuneration and social security | 454/9 | €10,101 | €13,705 | +€3,603 | +35.7% |
| Other amounts payable | 47/48 | €19,191 | €23,792 | +€4,601 | +24.0% |
| Remuneration, social security and pensions | 62 | €73,564 | €75,699 | +€2,136 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €387 | €1,710 | +€1,322 | +341% |
| Gross operating margin | 9900 | €66,030 | €70,471 | +€4,441 | +6.7% |
| Operating profit (loss) | 9901 | -€7,921 | -€6,938 | +€983 | +12.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,981 | €3,531 | -€451 | -11.3% |
| Recurring financial charges | 65 | €3,981 | €3,531 | -€451 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,903 | -€10,469 | +€1,434 | +12.0% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€12,077 | -€10,645 | +€1,432 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,077 | -€10,645 | +€1,432 | +11.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.