ENGINETIC: 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.
ENGINETIC
Largest movements
- Tangible fixed assets -€9,012
down €9,012 (-17.1%), from €52,800 to €43,788
of which Furniture and vehicles: -€12,074
- Receivables within one year -€3,897
down €3,897 (-41.5%), from €9,388 to €5,490
of which Trade receivables: -€5,130
- Cash -€3,405
down €3,405 (-8.7%), from €39,077 to €35,672
mainly Tax, wage and social debts (-€23,445) and Investment in fixed assets (net) (-€4,609)
- Tax, wage and social debts -€23,445
down €23,445 (-64.1%), from €36,589 to €13,144
- Reserves +€6,928
up €6,928 (+6.3%), from €110,675 to €117,603
- Gross operating margin -€33,724
down €33,724 (-61.3%), from €55,052 to €21,328
- Taxes -€8,685
down €8,685 (-80.5%), from €10,787 to €2,102
- Depreciation +€1,757
up €1,757 (+14.8%), from €11,864 to €13,621
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 | €151,265 | €134,950 | -€16,315 | -10.8% |
| Fixed assets | 21/28 | €52,800 | €43,788 | -€9,012 | -17.1% |
| Tangible fixed assets | 22/27 | €52,800 | €43,788 | -€9,012 | -17.1% |
| Plant, machinery and equipment | 23 | €6,230 | €9,292 | +€3,062 | +49.1% |
| Furniture and vehicles | 24 | €46,570 | €34,496 | -€12,074 | -25.9% |
| Current assets | 29/58 | €98,465 | €91,162 | -€7,303 | -7.4% |
| Amounts receivable within one year | 40/41 | €9,388 | €5,490 | -€3,897 | -41.5% |
| Trade receivables | 40 | €5,130 | €0 | -€5,130 | -100.0% |
| Other amounts receivable | 41 | €4,258 | €5,490 | +€1,233 | +29.0% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,077 | €35,672 | -€3,405 | -8.7% |
| Total equity and liabilities | 10/49 | €151,265 | €134,950 | -€16,315 | -10.8% |
| Equity | 10/15 | €113,675 | €120,603 | +€6,928 | +6.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €110,675 | €117,603 | +€6,928 | +6.3% |
| Distributable reserves | 133 | €110,675 | €117,603 | +€6,928 | +6.3% |
| Amounts payable | 17/49 | €37,590 | €14,347 | -€23,242 | -61.8% |
| Amounts payable within one year | 42/48 | €37,590 | €14,347 | -€23,242 | -61.8% |
| Trade debts | 44 | €1,001 | €1,203 | +€202 | +20.2% |
| Suppliers | 440/4 | €1,001 | €1,203 | +€202 | +20.2% |
| Taxes, remuneration and social security | 45 | €36,589 | €13,144 | -€23,445 | -64.1% |
| Taxes | 450/3 | €36,589 | €13,144 | -€23,445 | -64.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,737 | €1,395 | -€342 | -19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,864 | €13,621 | +€1,757 | +14.8% |
| Other operating charges | 640/8 | €352 | €409 | +€56 | +16.0% |
| Gross operating margin | 9900 | €55,052 | €21,328 | -€33,724 | -61.3% |
| Operating profit (loss) | 9901 | €41,099 | €5,903 | -€35,196 | -85.6% |
| Financial income | 75/76B | €3,338 | €3,188 | -€150 | -4.5% |
| Recurring financial income | 75 | €3,338 | €3,188 | -€150 | -4.5% |
| Financial charges | 65/66B | €55 | €60 | +€5 | +8.9% |
| Recurring financial charges | 65 | €55 | €60 | +€5 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €44,381 | €9,030 | -€35,351 | -79.7% |
| Income taxes | 67/77 | €10,787 | €2,102 | -€8,685 | -80.5% |
| Profit (loss) for the period | 9904 | €33,594 | €6,928 | -€26,666 | -79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,594 | €6,928 | -€26,666 | -79.4% |
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 7 October 2026 via checked.be.