ENGITECH: 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.
ENGITECH
Largest movements
- Receivables within one year +€2,970
up €2,970 (+9.5%), from €31,200 to €34,170
- Cash -€2,638
down €2,638 (-1.4%), from €183,246 to €180,608
mainly Contributions, distributions and other (-€60,000) and Other debts (-€9,708)
- Other debts -€9,708
down €9,708 (-8.3%), from €117,293 to €107,585
- Tax, wage and social debts +€8,152
up €8,152 (+12.6%), from €64,457 to €72,609
of which Taxes: +€6,349
- Gross operating margin -€1,654
down €1,654 (-1.8%), from €91,566 to €89,912
- Taxes -€1,020
down €1,020 (-4.2%), from €24,061 to €23,041
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 | €217,613 | €216,507 | -€1,106 | -0.5% |
| Fixed assets | 21/28 | €3,167 | €1,729 | -€1,438 | -45.4% |
| Tangible fixed assets | 22/27 | €3,167 | €1,729 | -€1,438 | -45.4% |
| Plant, machinery and equipment | 23 | €3,167 | €1,729 | -€1,438 | -45.4% |
| Current assets | 29/58 | €214,446 | €214,778 | +€332 | +0.2% |
| Amounts receivable within one year | 40/41 | €31,200 | €34,170 | +€2,970 | +9.5% |
| Trade receivables | 40 | €31,200 | €34,170 | +€2,970 | +9.5% |
| Cash at bank and in hand | 54/58 | €183,246 | €180,608 | -€2,638 | -1.4% |
| Total equity and liabilities | 10/49 | €217,613 | €216,507 | -€1,106 | -0.5% |
| Equity | 10/15 | €34,277 | €35,317 | +€1,040 | +3.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €9,995 | €9,995 | = | 0.0% |
| Distributable reserves | 133 | €9,995 | €9,995 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,822 | €4,863 | +€1,040 | +27.2% |
| Amounts payable | 17/49 | €183,336 | €181,190 | -€2,146 | -1.2% |
| Amounts payable within one year | 42/48 | €183,336 | €181,190 | -€2,146 | -1.2% |
| Trade debts | 44 | €1,586 | €996 | -€590 | -37.2% |
| Suppliers | 440/4 | €1,586 | €996 | -€590 | -37.2% |
| Taxes, remuneration and social security | 45 | €64,457 | €72,609 | +€8,152 | +12.6% |
| Taxes | 450/3 | €62,656 | €69,006 | +€6,349 | +10.1% |
| Remuneration and social security | 454/9 | €1,800 | €3,603 | +€1,803 | +100.1% |
| Other amounts payable | 47/48 | €117,293 | €107,585 | -€9,708 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,772 | €2,286 | -€487 | -17.6% |
| Other operating charges | 640/8 | €2,347 | €1,934 | -€413 | -17.6% |
| Gross operating margin | 9900 | €91,566 | €89,912 | -€1,654 | -1.8% |
| Operating profit (loss) | 9901 | €86,447 | €85,693 | -€754 | -0.9% |
| Financial charges | 65/66B | €1,837 | €1,612 | -€225 | -12.2% |
| Recurring financial charges | 65 | €1,837 | €1,612 | -€225 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €84,610 | €84,081 | -€529 | -0.6% |
| Income taxes | 67/77 | €24,061 | €23,041 | -€1,020 | -4.2% |
| Profit (loss) for the period | 9904 | €60,549 | €61,040 | +€491 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €60,549 | €61,040 | +€491 | +0.8% |
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 9 October 2026 via checked.be.