EWA engineering: 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.
EWA engineering
Largest movements
- Cash +€41,329
up €41,329 (+111.6%), from €37,043 to €78,373
mainly Other debts (+€80,572) and Advances received (+€25,766)
- Receivables within one year -€12,010
down €12,010 (-18.0%), from €66,677 to €54,667
of which Trade receivables: -€11,538
- Deferred charges and accrued income +€1,789
up €1,789 (+59.9%), from €2,989 to €4,778
- Other debts +€80,572
up €80,572, from €0 to €80,572
- Reserves -€72,201
down €72,201 (-100.0%), from €72,201 to €0
of which Distributable reserves: -€72,201
- Advances received +€25,766
new in 2025: €25,766
- Trade debts -€2,300
down €2,300 (-30.2%), from €7,616 to €5,316
- Staff costs -€28,994
down €28,994 (-82.2%), from €35,267 to €6,272
- Gross operating margin -€16,742
down €16,742 (-40.6%), from €41,232 to €24,490
- Financial charges +€2,552
up €2,552 (+586.9%), from €435 to €2,987
- Depreciation -€1,925
down €1,925 (-54.5%), from €3,533 to €1,609
- Write-downs +€1,920
new in 2025: €1,920
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 | €111,195 | €142,081 | +€30,886 | +27.8% |
| Fixed assets | 21/28 | €4,486 | €4,263 | -€223 | -5.0% |
| Tangible fixed assets | 22/27 | €4,486 | €4,263 | -€223 | -5.0% |
| Plant, machinery and equipment | 23 | - | €1,147 | +€1,147 | |
| Furniture and vehicles | 24 | €800 | €0 | -€800 | -100.0% |
| Other tangible fixed assets | 26 | €3,686 | €3,116 | -€570 | -15.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €106,709 | €137,817 | +€31,108 | +29.2% |
| Amounts receivable within one year | 40/41 | €66,677 | €54,667 | -€12,010 | -18.0% |
| Trade receivables | 40 | €65,892 | €54,354 | -€11,538 | -17.5% |
| Other amounts receivable | 41 | €786 | €313 | -€472 | -60.1% |
| Cash at bank and in hand | 54/58 | €37,043 | €78,373 | +€41,329 | +111.6% |
| Deferred charges and accrued income | 490/1 | €2,989 | €4,778 | +€1,789 | +59.9% |
| Total equity and liabilities | 10/49 | €111,195 | €142,081 | +€30,886 | +27.8% |
| Equity | 10/15 | €90,828 | €18,600 | -€72,228 | -79.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,201 | €0 | -€72,201 | -100.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €72,201 | €0 | -€72,201 | -100.0% |
| Profit (loss) carried forward | 14 | €27 | €0 | -€27 | -100.0% |
| Amounts payable | 17/49 | €20,367 | €123,481 | +€103,114 | +506.3% |
| Amounts payable within one year | 42/48 | €19,899 | €123,481 | +€103,582 | +520.5% |
| Financial debts | 43 | €0 | €246 | +€246 | |
| Credit institutions | 430/8 | €0 | €246 | +€246 | |
| Trade debts | 44 | €7,616 | €5,316 | -€2,300 | -30.2% |
| Suppliers | 440/4 | €7,616 | €5,316 | -€2,300 | -30.2% |
| Advances received on contracts in progress | 46 | - | €25,766 | +€25,766 | |
| Taxes, remuneration and social security | 45 | €12,283 | €11,581 | -€701 | -5.7% |
| Taxes | 450/3 | €8,009 | €9,193 | +€1,184 | +14.8% |
| Remuneration and social security | 454/9 | €4,274 | €2,389 | -€1,885 | -44.1% |
| Other amounts payable | 47/48 | €0 | €80,572 | +€80,572 | |
| Accrued charges and deferred income | 492/3 | €468 | €0 | -€468 | -100.0% |
| Remuneration, social security and pensions | 62 | €35,267 | €6,272 | -€28,994 | -82.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,533 | €1,609 | -€1,925 | -54.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,920 | +€1,920 | |
| Other operating charges | 640/8 | €1,073 | €467 | -€606 | -56.4% |
| Gross operating margin | 9900 | €41,232 | €24,490 | -€16,742 | -40.6% |
| Operating profit (loss) | 9901 | €1,358 | €14,221 | +€12,863 | +946.9% |
| Financial income | 75/76B | €8 | €55 | +€47 | +564.4% |
| Recurring financial income | 75 | €8 | €55 | +€47 | +564.4% |
| Financial charges | 65/66B | €435 | €2,987 | +€2,552 | +586.9% |
| Recurring financial charges | 65 | €435 | €2,987 | +€2,552 | +586.9% |
| Profit (loss) for the period before taxes | 9903 | €932 | €11,290 | +€10,358 | +1111.5% |
| Income taxes | 67/77 | €1,791 | €2,946 | +€1,155 | +64.5% |
| Profit (loss) for the period | 9904 | -€859 | €8,344 | +€9,203 | |
| Profit (loss) for the period to be appropriated | 9905 | -€859 | €8,344 | +€9,203 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.