ENGITEC: 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.
ENGITEC
Largest movements
- Cash -€32,402
down €32,402 (-73.3%), from €44,219 to €11,817
mainly Contributions, distributions and other (-€73,000) and Trade debts (-€33,684)
- Stocks and contracts +€14,840
new in 2025: €14,840
- Receivables within one year +€9,535
up €9,535 (+9.5%), from €100,551 to €110,086
of which Other amounts receivable: +€69,380
- Tangible fixed assets -€5,234
down €5,234 (-1.8%), from €288,103 to €282,869
of which Land and buildings: -€9,123
- Other debts +€73,000
new in 2025: €73,000
- Trade debts -€33,684
down €33,684 (-72.9%), from €46,185 to €12,501
- Tax, wage and social debts -€20,421
down €20,421 (-23.4%), from €87,412 to €66,991
of which Taxes: -€20,323
- Profit (loss) carried forward -€19,644
down €19,644 (-22.8%), from €86,150 to €66,506
- Reserves -€18,000
down €18,000 (-8.6%), from €209,011 to €191,011
- Gross operating margin -€167,971
down €167,971 (-49.9%), from €336,925 to €168,954
- Taxes -€42,099
down €42,099 (-69.9%), from €60,257 to €18,158
- Other operating charges -€32,172
down €32,172 (-92.7%), from €34,712 to €2,539
- Depreciation +€11,450
up €11,450 (+182.7%), from €6,266 to €17,716
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 | €434,958 | €422,228 | -€12,730 | -2.9% |
| Fixed assets | 21/28 | €288,103 | €282,869 | -€5,234 | -1.8% |
| Tangible fixed assets | 22/27 | €288,103 | €282,869 | -€5,234 | -1.8% |
| Land and buildings | 22 | €273,440 | €264,317 | -€9,123 | -3.3% |
| Plant, machinery and equipment | 23 | €4,079 | €5,416 | +€1,337 | +32.8% |
| Furniture and vehicles | 24 | €10,584 | €13,137 | +€2,553 | +24.1% |
| Current assets | 29/58 | €146,855 | €139,359 | -€7,496 | -5.1% |
| Stocks and contracts in progress | 3 | - | €14,840 | +€14,840 | |
| Stocks | 30/36 | - | €14,840 | +€14,840 | |
| Amounts receivable within one year | 40/41 | €100,551 | €110,086 | +€9,535 | +9.5% |
| Trade receivables | 40 | €83,614 | €23,769 | -€59,845 | -71.6% |
| Other amounts receivable | 41 | €16,937 | €86,317 | +€69,380 | +409.6% |
| Cash at bank and in hand | 54/58 | €44,219 | €11,817 | -€32,402 | -73.3% |
| Deferred charges and accrued income | 490/1 | €2,086 | €2,617 | +€531 | +25.5% |
| Total equity and liabilities | 10/49 | €434,958 | €422,228 | -€12,730 | -2.9% |
| Equity | 10/15 | €301,361 | €263,717 | -€37,644 | -12.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €209,011 | €191,011 | -€18,000 | -8.6% |
| Distributable reserves | 133 | €209,011 | €191,011 | -€18,000 | -8.6% |
| Profit (loss) carried forward | 14 | €86,150 | €66,506 | -€19,644 | -22.8% |
| Amounts payable | 17/49 | €133,597 | €158,511 | +€24,914 | +18.6% |
| Amounts payable within one year | 42/48 | €133,597 | €152,492 | +€18,895 | +14.1% |
| Trade debts | 44 | €46,185 | €12,501 | -€33,684 | -72.9% |
| Suppliers | 440/4 | €46,185 | €12,501 | -€33,684 | -72.9% |
| Taxes, remuneration and social security | 45 | €87,412 | €66,991 | -€20,421 | -23.4% |
| Taxes | 450/3 | €73,731 | €53,408 | -€20,323 | -27.6% |
| Remuneration and social security | 454/9 | €13,681 | €13,583 | -€98 | -0.7% |
| Other amounts payable | 47/48 | - | €73,000 | +€73,000 | |
| Accrued charges and deferred income | 492/3 | - | €6,018 | +€6,018 | |
| Remuneration, social security and pensions | 62 | €97,632 | €97,556 | -€76 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,266 | €17,716 | +€11,450 | +182.7% |
| Other operating charges | 640/8 | €34,712 | €2,539 | -€32,172 | -92.7% |
| Gross operating margin | 9900 | €336,925 | €168,954 | -€167,971 | -49.9% |
| Operating profit (loss) | 9901 | €198,315 | €51,142 | -€147,173 | -74.2% |
| Financial income | 75/76B | €919 | €2,638 | +€1,719 | +187.0% |
| Recurring financial income | 75 | €919 | €2,638 | +€1,719 | +187.0% |
| Financial charges | 65/66B | €547 | €265 | -€282 | -51.5% |
| Recurring financial charges | 65 | €547 | €265 | -€282 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €198,687 | €53,514 | -€145,173 | -73.1% |
| Income taxes | 67/77 | €60,257 | €18,158 | -€42,099 | -69.9% |
| Profit (loss) for the period | 9904 | €138,430 | €35,356 | -€103,074 | -74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €138,430 | €35,356 | -€103,074 | -74.5% |
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.