FI 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.
FI ENGINEERING
Largest movements
- Current investments +€100,000
up €100,000 (+50.0%), from €200,000 to €300,000
- Cash -€48,430
down €48,430 (-9.2%), from €523,919 to €475,489
mainly Contributions, distributions and other (-€330,000) and Current investments (-€100,000)
- Tangible fixed assets -€26,794
down €26,794 (-28.1%), from €95,388 to €68,594
of which Furniture and vehicles: -€19,373
- Receivables within one year +€20,159
up €20,159 (+2.1%), from €974,129 to €994,289
of which Trade receivables: +€20,159
- Profit (loss) carried forward +€169,764
up €169,764 (+42.0%), from €404,538 to €574,302
- Reserves -€99,000
down €99,000 (-45.5%), from €217,609 to €118,609
of which Distributable reserves: -€99,000
- Debts after one year -€80,158
down €80,158 (-20.7%), from €388,114 to €307,956
- Trade debts +€26,158
up €26,158 (+14.4%), from €181,893 to €208,050
- Tax, wage and social debts +€20,023
up €20,023 (+8.2%), from €242,777 to €262,800
of which Remuneration and social security: +€12,221
- Gross operating margin +€18,866
up €18,866 (+1.2%), from €1.6m to €1.6m
- Staff costs +€18,622
up €18,622 (+2.0%), from €926,003 to €944,625
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 | €1,894,898 | €1,931,794 | +€36,896 | +1.9% |
| Fixed assets | 21/28 | €171,286 | €135,660 | -€35,626 | -20.8% |
| Intangible fixed assets | 21 | €19,248 | €10,416 | -€8,832 | -45.9% |
| Tangible fixed assets | 22/27 | €95,388 | €68,594 | -€26,794 | -28.1% |
| Furniture and vehicles | 24 | €60,998 | €41,625 | -€19,373 | -31.8% |
| Other tangible fixed assets | 26 | €34,390 | €26,969 | -€7,421 | -21.6% |
| Financial fixed assets | 28 | €56,650 | €56,650 | = | 0.0% |
| Current assets | 29/58 | €1,723,613 | €1,796,134 | +€72,522 | +4.2% |
| Amounts receivable within one year | 40/41 | €974,129 | €994,289 | +€20,159 | +2.1% |
| Trade receivables | 40 | €973,439 | €993,598 | +€20,159 | +2.1% |
| Other amounts receivable | 41 | €690 | €690 | = | 0.0% |
| Current investments | 50/53 | €200,000 | €300,000 | +€100,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €523,919 | €475,489 | -€48,430 | -9.2% |
| Deferred charges and accrued income | 490/1 | €25,565 | €26,357 | +€792 | +3.1% |
| Total equity and liabilities | 10/49 | €1,894,898 | €1,931,794 | +€36,896 | +1.9% |
| Equity | 10/15 | €635,845 | €706,609 | +€70,764 | +11.1% |
| Contributions | 10/11 | €13,697 | €13,697 | = | 0.0% |
| Reserves | 13 | €217,609 | €118,609 | -€99,000 | -45.5% |
| Non-distributable reserves | 130/1 | €17,609 | €17,609 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,609 | €17,609 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €101,000 | -€99,000 | -49.5% |
| Profit (loss) carried forward | 14 | €404,538 | €574,302 | +€169,764 | +42.0% |
| Amounts payable | 17/49 | €1,259,054 | €1,225,185 | -€33,869 | -2.7% |
| Amounts payable after more than one year | 17 | €388,114 | €307,956 | -€80,158 | -20.7% |
| Financial debts | 170/4 | €388,114 | €307,956 | -€80,158 | -20.7% |
| Amounts payable within one year | 42/48 | €864,013 | €910,375 | +€46,362 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €98,490 | €80,158 | -€18,332 | -18.6% |
| Financial debts | 43 | €37,245 | €54,567 | +€17,321 | +46.5% |
| Credit institutions | 430/8 | €37,245 | €54,567 | +€17,321 | +46.5% |
| Trade debts | 44 | €181,893 | €208,050 | +€26,158 | +14.4% |
| Suppliers | 440/4 | €181,893 | €208,050 | +€26,158 | +14.4% |
| Taxes, remuneration and social security | 45 | €242,777 | €262,800 | +€20,023 | +8.2% |
| Taxes | 450/3 | €104,369 | €112,172 | +€7,803 | +7.5% |
| Remuneration and social security | 454/9 | €138,408 | €150,628 | +€12,221 | +8.8% |
| Other amounts payable | 47/48 | €303,609 | €304,800 | +€1,191 | +0.4% |
| Accrued charges and deferred income | 492/3 | €6,927 | €6,854 | -€72 | -1.0% |
| Remuneration, social security and pensions | 62 | €926,003 | €944,625 | +€18,622 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,436 | €42,896 | -€10,539 | -19.7% |
| Other operating charges | 640/8 | €8,324 | €11,296 | +€2,972 | +35.7% |
| Gross operating margin | 9900 | €1,551,271 | €1,570,137 | +€18,866 | +1.2% |
| Operating profit (loss) | 9901 | €563,508 | €571,319 | +€7,811 | +1.4% |
| Financial income | 75/76B | €1,477 | €2,696 | +€1,219 | +82.6% |
| Recurring financial income | 75 | €1,477 | €2,696 | +€1,219 | +82.6% |
| Financial charges | 65/66B | €26,232 | €22,838 | -€3,394 | -12.9% |
| Recurring financial charges | 65 | €26,232 | €22,838 | -€3,394 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €538,752 | €551,177 | +€12,424 | +2.3% |
| Income taxes | 67/77 | €151,273 | €150,413 | -€860 | -0.6% |
| Profit (loss) for the period | 9904 | €387,480 | €400,764 | +€13,284 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €387,480 | €400,764 | +€13,284 | +3.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.