ENGYCO: 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.
ENGYCO
Largest movements
- Cash -€39,459
down €39,459 (-43.9%), from €89,895 to €50,436
mainly Contributions, distributions and other (-€60,000) and Deferred charges and accrued income (-€1,141)
- Receivables within one year -€3,286
down €3,286 (-77.1%), from €4,263 to €978
of which Trade receivables: -€1,738
- Tangible fixed assets -€1,564
down €1,564 (-40.8%), from €3,832 to €2,268
of which Plant, machinery and equipment: -€1,003
- Deferred charges and accrued income +€1,141
up €1,141 (+71.9%), from €1,587 to €2,728
- Reserves -€43,827
down €43,827 (-49.3%), from €88,836 to €45,009
- Gross operating margin -€2,229
down €2,229 (-8.8%), from €25,341 to €23,112
- Other operating charges -€708
down €708 (-57.2%), from €1,237 to €529
- Depreciation -€701
down €701 (-30.9%), from €2,265 to €1,564
- Taxes -€339
down €339 (-5.9%), from €5,753 to €5,414
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,578 | €56,410 | -€43,168 | -43.4% |
| Fixed assets | 21/28 | €3,832 | €2,268 | -€1,564 | -40.8% |
| Tangible fixed assets | 22/27 | €3,832 | €2,268 | -€1,564 | -40.8% |
| Plant, machinery and equipment | 23 | €1,671 | €668 | -€1,003 | -60.0% |
| Furniture and vehicles | 24 | €2,160 | €1,600 | -€560 | -25.9% |
| Current assets | 29/58 | €95,746 | €54,142 | -€41,604 | -43.5% |
| Amounts receivable within one year | 40/41 | €4,263 | €978 | -€3,286 | -77.1% |
| Trade receivables | 40 | €1,738 | €0 | -€1,738 | -100% |
| Other amounts receivable | 41 | €2,525 | €978 | -€1,547 | -61.3% |
| Cash at bank and in hand | 54/58 | €89,895 | €50,436 | -€39,459 | -43.9% |
| Deferred charges and accrued income | 490/1 | €1,587 | €2,728 | +€1,141 | +71.9% |
| Total equity and liabilities | 10/49 | €99,578 | €56,410 | -€43,168 | -43.4% |
| Equity | 10/15 | €98,836 | €55,009 | -€43,827 | -44.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €88,836 | €45,009 | -€43,827 | -49.3% |
| Distributable reserves | 133 | €88,836 | €45,009 | -€43,827 | -49.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €742 | €1,402 | +€660 | +88.9% |
| Amounts payable within one year | 42/48 | €676 | €1,335 | +€658 | +97.4% |
| Trade debts | 44 | €525 | €1,072 | +€547 | +104% |
| Suppliers | 440/4 | €525 | €1,072 | +€547 | +104% |
| Taxes, remuneration and social security | 45 | €151 | €262 | +€111 | +73.5% |
| Taxes | 450/3 | €151 | €262 | +€111 | +73.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,265 | €1,564 | -€701 | -30.9% |
| Other operating charges | 640/8 | €1,237 | €529 | -€708 | -57.2% |
| Gross operating margin | 9900 | €25,341 | €23,112 | -€2,229 | -8.8% |
| Operating profit (loss) | 9901 | €21,840 | €21,019 | -€820 | -3.8% |
| Financial income | 75/76B | €464 | €652 | +€189 | +40.7% |
| Recurring financial income | 75 | €464 | €652 | +€189 | +40.7% |
| Financial charges | 65/66B | €66 | €85 | +€19 | +28.6% |
| Recurring financial charges | 65 | €66 | €85 | +€19 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | €22,237 | €21,587 | -€651 | -2.9% |
| Income taxes | 67/77 | €5,753 | €5,414 | -€339 | -5.9% |
| Profit (loss) for the period | 9904 | €16,484 | €16,173 | -€312 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,484 | €16,173 | -€312 | -1.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.