FIELD ENGINEERING: 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.
What changed
FIELD ENGINEERING
NACE 46.711, Wholesale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€66,411
2024 · -€69,970+€3,559
Equity
€11.2m
2024 · €11.3m-€66,411
Cash
€505,613
2024 · €369,265+€136,348
Balance sheet total
€15.2m
2024 · €13.3m+€1.9m
Largest movements
Assets
- Current investments +€1.9m
up €1.9m (+99.2%), from €1.9m to €3.8m
Equity and liabilities
- Debts after one year +€2.9m
up €2.9m (+1,736%), from €168,399 to €3.1m
- Other debts -€904,119
down €904,119 (-52.4%), from €1.7m to €822,840
Income statement
- Gross operating margin -€67,062
down €67,062 (-36.3%), from -€184,822 to -€251,884
- Other operating charges -€57,327
down €57,327 (-85.4%), from €67,164 to €9,838
- Financial charges +€56,825
up €56,825 (+112%), from €50,669 to €107,494
- Financial income +€46,137
up €46,137 (+15.1%), from €305,709 to €351,846
- Taxes -€12,824
no longer reported in 2025 (was €12,824)
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.
Result 2024
-€69,970
Gross operating margin
-€67,062
Depreciation
+€1,160
Write-downs
+€10,000
Other operating charges
+€57,327
Financial income
+€46,137
Financial charges
-€56,825
Taxes
+€12,824
Result 2025
-€66,411
raises the resultlowers the result
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.
From operations
-€952,362
Investment
-€1.8m
Financing
+€2.9m
Cash 2024
€369,265
From operations (derived)
-€952,362
Net result for the year
-€66,411
Depreciation
+€49,041
Receivables after one year
+€14,214
Receivables within one year
-€29,220
Smaller working-capital items
-€3,195
Tax, wage and social debts
-€23,451
Other debts
-€904,119
Accrued charges and deferred income
+€10,779
Investment (derived)
-€1.8m
Investment in fixed assets (net)
+€66,875
Current investments
-€1.9m
Financing
+€2.9m
Debts after one year
+€2.9m
Current portion of long-term debt
+€1,729
Cash 2025
€505,613
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,310,589 | €15,249,647 | +€1.9m | +14.6% |
| Fixed assets | 21/28 | €8,385,813 | €8,269,898 | -€115,916 | -1.4% |
| Tangible fixed assets | 22/27 | €1,393,431 | €1,348,290 | -€45,141 | -3.2% |
| Land and buildings | 22 | €677,148 | €662,445 | -€14,703 | -2.2% |
| Plant, machinery and equipment | 23 | €110,572 | €80,876 | -€29,696 | -26.9% |
| Furniture and vehicles | 24 | €605,270 | €604,926 | -€344 | -0.1% |
| Leasing and similar rights | 25 | €442 | €43 | -€399 | -90.3% |
| Financial fixed assets | 28 | €6,992,382 | €6,921,607 | -€70,775 | -1.0% |
| Current assets | 29/58 | €4,924,776 | €6,979,749 | +€2.1m | +41.7% |
| Amounts receivable after more than one year | 29 | €335,698 | €321,484 | -€14,214 | -4.2% |
| Other amounts receivable | 291 | €335,698 | €321,484 | -€14,214 | -4.2% |
| Stocks and contracts in progress | 3 | €1,078,743 | €1,078,743 | = | 0.0% |
| Stocks | 30/36 | €1,078,743 | €1,078,743 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,215,577 | €1,244,797 | +€29,220 | +2.4% |
| Trade receivables | 40 | €34,414 | €41,631 | +€7,216 | +21.0% |
| Other amounts receivable | 41 | €1,181,163 | €1,203,167 | +€22,004 | +1.9% |
| Current investments | 50/53 | €1,918,569 | €3,821,773 | +€1.9m | +99.2% |
| Cash at bank and in hand | 54/58 | €369,265 | €505,613 | +€136,348 | +36.9% |
| Deferred charges and accrued income | 490/1 | €6,923 | €7,338 | +€415 | +6.0% |
| Total equity and liabilities | 10/49 | €13,310,589 | €15,249,647 | +€1.9m | +14.6% |
| Equity | 10/15 | €11,277,909 | €11,211,498 | -€66,411 | -0.6% |
| Contributions | 10/11 | €2,799,696 | €2,799,696 | = | 0.0% |
| Capital | 10 | €2,799,696 | €2,799,696 | = | 0.0% |
| Issued capital | 100 | €2,799,696 | €2,799,696 | = | 0.0% |
| Reserves | 13 | €5,228,611 | €5,228,611 | = | 0.0% |
| Non-distributable reserves | 130/1 | €227,842 | €227,842 | = | 0.0% |
| Legal reserve | 130 | €227,842 | €227,842 | = | 0.0% |
| Tax-exempt reserves | 132 | €768 | €768 | = | 0.0% |
| Distributable reserves | 133 | €5,000,000 | €5,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,249,602 | €3,183,191 | -€66,411 | -2.0% |
| Amounts payable | 17/49 | €2,032,680 | €4,038,149 | +€2.0m | +98.7% |
| Amounts payable after more than one year | 17 | €168,399 | €3,091,710 | +€2.9m | +1,736% |
| Financial debts | 170/4 | €168,399 | €3,091,710 | +€2.9m | +1,736% |
| Amounts payable within one year | 42/48 | €1,845,659 | €917,038 | -€928,621 | -50.3% |
| Current portion of amounts payable after more than one year | 42 | €74,960 | €76,689 | +€1,729 | +2.3% |
| Trade debts | 44 | €5,486 | €2,706 | -€2,780 | -50.7% |
| Suppliers | 440/4 | €5,486 | €2,706 | -€2,780 | -50.7% |
| Taxes, remuneration and social security | 45 | €38,253 | €14,802 | -€23,451 | -61.3% |
| Taxes | 450/3 | €38,253 | €14,802 | -€23,451 | -61.3% |
| Other amounts payable | 47/48 | €1,726,959 | €822,840 | -€904,119 | -52.4% |
| Accrued charges and deferred income | 492/3 | €18,622 | €29,401 | +€10,779 | +57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,201 | €49,041 | -€1,160 | -2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,000 | - | -€10,000 | |
| Other operating charges | 640/8 | €67,164 | €9,838 | -€57,327 | -85.4% |
| Gross operating margin | 9900 | -€184,822 | -€251,884 | -€67,062 | -36.3% |
| Operating profit (loss) | 9901 | -€312,187 | -€310,763 | +€1,424 | +0.5% |
| Financial income | 75/76B | €305,709 | €351,846 | +€46,137 | +15.1% |
| Recurring financial income | 75 | €305,709 | €351,846 | +€46,137 | +15.1% |
| Financial charges | 65/66B | €50,669 | €107,494 | +€56,825 | +112% |
| Recurring financial charges | 65 | €50,669 | €107,494 | +€56,825 | +112% |
| Profit (loss) for the period before taxes | 9903 | -€57,146 | -€66,411 | -€9,264 | -16.2% |
| Income taxes | 67/77 | €12,824 | - | -€12,824 | |
| Profit (loss) for the period | 9904 | -€69,970 | -€66,411 | +€3,559 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,970 | -€66,411 | +€3,559 | +5.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.