EngiWorks: 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.
EngiWorks
Largest movements
- Tangible fixed assets -€25,571
down €25,571 (-15.8%), from €162,225 to €136,653
of which Furniture and vehicles: -€14,890
- Current investments +€12,030
up €12,030, from €0 to €12,030
- Cash -€6,826
down €6,826 (-30.9%), from €22,084 to €15,257
mainly Contributions, distributions and other (-€50,130) and Debts after one year (-€21,078)
- Debts after one year -€21,078
down €21,078 (-27.1%), from €77,757 to €56,679
- Other debts +€11,446
up €11,446 (+100.9%), from €11,341 to €22,787
- Current portion of long-term debt -€5,457
down €5,457 (-20.6%), from €26,535 to €21,078
- Reserves -€5,072
down €5,072 (-2.1%), from €243,904 to €238,831
- Financial income -€3,954
down €3,954 (-58.8%), from €6,721 to €2,767
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 | €394,884 | €377,454 | -€17,430 | -4.4% |
| Fixed assets | 21/28 | €162,225 | €136,653 | -€25,571 | -15.8% |
| Tangible fixed assets | 22/27 | €162,225 | €136,653 | -€25,571 | -15.8% |
| Plant, machinery and equipment | 23 | €1,711 | €2,068 | +€356 | +20.8% |
| Furniture and vehicles | 24 | €72,198 | €57,309 | -€14,890 | -20.6% |
| Other tangible fixed assets | 26 | €88,315 | €77,277 | -€11,038 | -12.5% |
| Current assets | 29/58 | €232,659 | €240,801 | +€8,142 | +3.5% |
| Amounts receivable after more than one year | 29 | €179,700 | €180,180 | +€480 | +0.3% |
| Other amounts receivable | 291 | €179,700 | €180,180 | +€480 | +0.3% |
| Amounts receivable within one year | 40/41 | €22,164 | €23,934 | +€1,770 | +8.0% |
| Trade receivables | 40 | €21,266 | €23,934 | +€2,668 | +12.5% |
| Other amounts receivable | 41 | €898 | - | -€898 | |
| Current investments | 50/53 | €0 | €12,030 | +€12,030 | |
| Cash at bank and in hand | 54/58 | €22,084 | €15,257 | -€6,826 | -30.9% |
| Deferred charges and accrued income | 490/1 | €8,712 | €9,400 | +€688 | +7.9% |
| Total equity and liabilities | 10/49 | €394,884 | €377,454 | -€17,430 | -4.4% |
| Equity | 10/15 | €256,304 | €251,231 | -€5,072 | -2.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €243,904 | €238,831 | -€5,072 | -2.1% |
| Distributable reserves | 133 | €243,904 | €238,831 | -€5,072 | -2.1% |
| Amounts payable | 17/49 | €138,580 | €126,223 | -€12,357 | -8.9% |
| Amounts payable after more than one year | 17 | €77,757 | €56,679 | -€21,078 | -27.1% |
| Financial debts | 170/4 | €77,757 | €56,679 | -€21,078 | -27.1% |
| Amounts payable within one year | 42/48 | €60,824 | €69,544 | +€8,721 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €26,535 | €21,078 | -€5,457 | -20.6% |
| Financial debts | 43 | €2,636 | - | -€2,636 | |
| Credit institutions | 430/8 | €2,636 | - | -€2,636 | |
| Trade debts | 44 | €2,428 | €4,675 | +€2,247 | +92.6% |
| Suppliers | 440/4 | €2,428 | €4,675 | +€2,247 | +92.6% |
| Taxes, remuneration and social security | 45 | €17,884 | €21,004 | +€3,120 | +17.4% |
| Taxes | 450/3 | €17,884 | €21,004 | +€3,120 | +17.4% |
| Other amounts payable | 47/48 | €11,341 | €22,787 | +€11,446 | +100.9% |
| Non-recurring operating income | 76A | - | €102 | +€102 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,098 | €41,186 | +€88 | +0.2% |
| Other operating charges | 640/8 | €1,468 | €1,655 | +€187 | +12.8% |
| Gross operating margin | 9900 | €111,316 | €110,667 | -€649 | -0.6% |
| Operating profit (loss) | 9901 | €68,750 | €67,826 | -€924 | -1.3% |
| Financial income | 75/76B | €6,721 | €2,767 | -€3,954 | -58.8% |
| Recurring financial income | 75 | €6,721 | €2,767 | -€3,954 | -58.8% |
| Financial charges | 65/66B | €3,261 | €2,592 | -€669 | -20.5% |
| Recurring financial charges | 65 | €3,261 | €2,592 | -€669 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €72,210 | €68,002 | -€4,208 | -5.8% |
| Income taxes | 67/77 | €22,500 | €22,944 | +€444 | +2.0% |
| Profit (loss) for the period | 9904 | €49,710 | €45,058 | -€4,652 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,710 | €45,058 | -€4,652 | -9.4% |
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 4 October 2026 via checked.be.