Engitop: 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.
Engitop
Largest movements
- Tangible fixed assets -€355,986
down €355,986 (-74.3%), from €478,818 to €122,833
of which Land and buildings: -€354,034
- Receivables within one year +€171,250
up €171,250 (+4,449%), from €3,849 to €175,099
of which Other amounts receivable: +€173,283
- Cash +€86,358
up €86,358 (+4,848%), from €1,781 to €88,139
mainly Investment in fixed assets (net) (+€336,417) and Depreciation (+€19,569)
- Other debts -€68,905
no longer reported in 2025 (was €68,905)
- Debts after one year -€26,359
down €26,359 (-10.1%), from €260,666 to €234,306
- Depreciation -€7,563
down €7,563 (-27.9%), from €27,132 to €19,569
- Taxes -€3,359
no longer reported in 2025 (was €3,359)
- Other operating charges -€1,515
down €1,515 (-26.0%), from €5,825 to €4,310
- Gross operating margin +€980
up €980 (+3.5%), from €28,376 to €29,356
- Financial income +€908
up €908 (+15,871%), from €6 to €914
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.
Derived cash bridge
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 | €486,597 | €389,236 | -€97,361 | -20.0% |
| Fixed assets | 21/28 | €478,818 | €122,833 | -€355,986 | -74.3% |
| Tangible fixed assets | 22/27 | €478,818 | €122,833 | -€355,986 | -74.3% |
| Land and buildings | 22 | €471,514 | €117,480 | -€354,034 | -75.1% |
| Plant, machinery and equipment | 23 | €6,340 | €5,352 | -€988 | -15.6% |
| Furniture and vehicles | 24 | €964 | - | -€964 | |
| Current assets | 29/58 | €7,779 | €266,403 | +€258,624 | +3,325% |
| Amounts receivable within one year | 40/41 | €3,849 | €175,099 | +€171,250 | +4,449% |
| Trade receivables | 40 | €2,033 | - | -€2,033 | |
| Other amounts receivable | 41 | €1,816 | €175,099 | +€173,283 | +9,540% |
| Cash at bank and in hand | 54/58 | €1,781 | €88,139 | +€86,358 | +4,848% |
| Deferred charges and accrued income | 490/1 | €2,148 | €3,164 | +€1,016 | +47.3% |
| Total equity and liabilities | 10/49 | €486,597 | €389,236 | -€97,361 | -20.0% |
| Equity | 10/15 | €123,991 | €126,516 | +€2,525 | +2.0% |
| Contributions | 10/11 | €6,203 | €6,203 | = | 0.0% |
| Reserves | 13 | €117,788 | €120,313 | +€2,525 | +2.1% |
| Distributable reserves | 133 | €117,788 | €120,313 | +€2,525 | +2.1% |
| Amounts payable | 17/49 | €362,606 | €262,720 | -€99,887 | -27.5% |
| Amounts payable after more than one year | 17 | €260,666 | €234,306 | -€26,359 | -10.1% |
| Financial debts | 170/4 | €260,666 | €234,306 | -€26,359 | -10.1% |
| Amounts payable within one year | 42/48 | €101,340 | €28,413 | -€72,927 | -72.0% |
| Current portion of amounts payable after more than one year | 42 | €26,060 | €26,359 | +€299 | +1.1% |
| Trade debts | 44 | €1,277 | €1,703 | +€426 | +33.3% |
| Suppliers | 440/4 | €1,277 | €1,703 | +€426 | +33.3% |
| Taxes, remuneration and social security | 45 | €5,097 | €351 | -€4,747 | -93.1% |
| Taxes | 450/3 | €5,097 | €351 | -€4,747 | -93.1% |
| Other amounts payable | 47/48 | €68,905 | - | -€68,905 | |
| Accrued charges and deferred income | 492/3 | €601 | - | -€601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,132 | €19,569 | -€7,563 | -27.9% |
| Other operating charges | 640/8 | €5,825 | €4,310 | -€1,515 | -26.0% |
| Gross operating margin | 9900 | €28,376 | €29,356 | +€980 | +3.5% |
| Operating profit (loss) | 9901 | -€4,581 | €5,477 | +€10,058 | |
| Financial income | 75/76B | €6 | €914 | +€908 | +15,871% |
| Recurring financial income | 75 | €6 | €914 | +€908 | +15,871% |
| Financial charges | 65/66B | €4,693 | €3,866 | -€827 | -17.6% |
| Recurring financial charges | 65 | €4,693 | €3,866 | -€827 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,268 | €2,525 | +€11,793 | |
| Income taxes | 67/77 | €3,359 | - | -€3,359 | |
| Profit (loss) for the period | 9904 | -€12,627 | €2,525 | +€15,152 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,627 | €2,525 | +€15,152 |
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 14 October 2026 via checked.be.