EnginIR: 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.
EnginIR
Largest movements
- Current investments +€51,482
up €51,482 (+38.0%), from €135,600 to €187,082
- Cash -€40,441
down €40,441 (-91.9%), from €44,011 to €3,570
mainly Current investments (-€51,482) and Net result for the year (-€31,367)
- Financial fixed assets -€37,400
no longer reported in 2025 (was €37,400)
- Receivables within one year -€13,711
down €13,711 (-66.3%), from €20,691 to €6,980
of which Trade receivables: -€16,562
- Tangible fixed assets +€4,702
up €4,702 (+54.0%), from €8,710 to €13,412
of which Land and buildings: +€5,007
- Profit (loss) carried forward -€31,367
down €31,367 (-57.4%), from €54,658 to €23,291
- Other debts +€10,077
up €10,077 (+1968.8%), from €512 to €10,588
- Trade debts -€6,158
down €6,158 (-92.2%), from €6,683 to €524
- Provisions -€4,706
down €4,706 (-49.4%), from €9,530 to €4,824
- Gross operating margin -€97,959
down €97,959, from €65,481 to -€32,478
- Taxes -€15,243
down €15,243 (-95.9%), from €15,891 to €648
- Provisions -€5,089
down €5,089, from €382 to -€4,706
- Financial charges -€4,190
down €4,190 (-64.8%), from €6,464 to €2,274
- Financial income +€1,976
up €1,976 (+1013.7%), from €195 to €2,171
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 | €246,412 | €212,948 | -€33,464 | -13.6% |
| Fixed assets | 21/28 | €46,110 | €13,412 | -€32,698 | -70.9% |
| Tangible fixed assets | 22/27 | €8,710 | €13,412 | +€4,702 | +54.0% |
| Land and buildings | 22 | €7,611 | €12,618 | +€5,007 | +65.8% |
| Plant, machinery and equipment | 23 | €1,099 | €794 | -€305 | -27.8% |
| Financial fixed assets | 28 | €37,400 | - | -€37,400 | |
| Current assets | 29/58 | €200,302 | €199,536 | -€766 | -0.4% |
| Amounts receivable within one year | 40/41 | €20,691 | €6,980 | -€13,711 | -66.3% |
| Trade receivables | 40 | €20,691 | €4,129 | -€16,562 | -80.0% |
| Other amounts receivable | 41 | - | €2,851 | +€2,851 | |
| Current investments | 50/53 | €135,600 | €187,082 | +€51,482 | +38.0% |
| Cash at bank and in hand | 54/58 | €44,011 | €3,570 | -€40,441 | -91.9% |
| Deferred charges and accrued income | 490/1 | - | €1,903 | +€1,903 | |
| Total equity and liabilities | 10/49 | €246,412 | €212,948 | -€33,464 | -13.6% |
| Equity | 10/15 | €227,487 | €196,121 | -€31,367 | -13.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €160,429 | €160,429 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €158,569 | €158,569 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,658 | €23,291 | -€31,367 | -57.4% |
| Provisions and deferred taxes | 16 | €9,530 | €4,824 | -€4,706 | -49.4% |
| Provisions for liabilities and charges | 160/5 | €9,530 | €4,824 | -€4,706 | -49.4% |
| Environmental obligations | 163 | €9,530 | €4,824 | -€4,706 | -49.4% |
| Amounts payable | 17/49 | €9,394 | €12,003 | +€2,609 | +27.8% |
| Amounts payable within one year | 42/48 | €9,394 | €12,003 | +€2,609 | +27.8% |
| Trade debts | 44 | €6,683 | €524 | -€6,158 | -92.2% |
| Suppliers | 440/4 | €6,683 | €524 | -€6,158 | -92.2% |
| Taxes, remuneration and social security | 45 | €2,200 | €891 | -€1,309 | -59.5% |
| Taxes | 450/3 | €2,200 | €891 | -€1,309 | -59.5% |
| Other amounts payable | 47/48 | €512 | €10,588 | +€10,077 | +1968.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,284 | €2,648 | +€1,364 | +106.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €382 | -€4,706 | -€5,089 | |
| Other operating charges | 640/8 | €393 | €195 | -€198 | -50.5% |
| Gross operating margin | 9900 | €65,481 | -€32,478 | -€97,959 | |
| Operating profit (loss) | 9901 | €63,421 | -€30,615 | -€94,036 | |
| Financial income | 75/76B | €195 | €2,171 | +€1,976 | +1013.7% |
| Recurring financial income | 75 | €195 | €2,171 | +€1,976 | +1013.7% |
| Financial charges | 65/66B | €6,464 | €2,274 | -€4,190 | -64.8% |
| Recurring financial charges | 65 | €6,464 | €2,274 | -€4,190 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | €57,152 | -€30,718 | -€87,870 | |
| Income taxes | 67/77 | €15,891 | €648 | -€15,243 | -95.9% |
| Profit (loss) for the period | 9904 | €41,261 | -€31,367 | -€72,628 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,261 | -€31,367 | -€72,628 |
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 10 October 2026 via checked.be.