FLUOR 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.
What changed
FLUOR ENGINEERING
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€973,044
2024 · €3.4m-€2.4m
Equity
€13.5m
2024 · €27.5m-€14.0m
Cash
€11.1m
2024 · €26.4m-€15.3m
Balance sheet total
€20.7m
2024 · €35.5m-€14.8m
Largest movements
Assets
- Cash -€15.3m
down €15.3m (-58.0%), from €26.4m to €11.1m
mainly Contributions, distributions and other (-€15.0m) and Trade debts (-€945,372)
- Receivables after one year +€647,831
new in 2025: €647,831
Equity and liabilities
- Reserves -€14.0m
down €14.0m (-51.0%), from €27.5m to €13.5m
of which Distributable reserves: -€14.0m
- Trade debts -€945,372
down €945,372 (-29.1%), from €3.2m to €2.3m
Income statement
- Turnover -€7.6m
down €7.6m (-22.5%), from €33.9m to €26.3m
- Services and other goods -€4.7m
down €4.7m (-25.4%), from €18.6m to €13.9m
- Taxes -€1.1m
down €1.1m (-83.0%), from €1.3m to €215,942
- Write-downs +€413,609
new in 2025: €413,609
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
€3.4m
Turnover
-€7.6m
Other operating income
-€159,570
Services and other goods
+€4.7m
Staff costs
+€321,758
Depreciation
-€1,973
Write-downs
-€413,609
Other operating charges
-€90,560
Other operating items
+€918
Financial income
-€128,268
Financial charges
-€91,553
Taxes
+€1.1m
Result 2025
€973,044
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.
From operations
-€294,258
Investment
-€26,496
Financing
-€15.0m
Cash 2024
€26.4m
From operations (derived)
-€294,258
Net result for the year
+€973,044
Depreciation
+€252,882
Receivables after one year
-€647,831
Receivables within one year
+€79,368
Deferred charges and accrued income
-€158,606
Trade debts
-€945,372
Tax, wage and social debts
+€97,845
Advances received
-€158,832
Accrued charges and deferred income
+€213,244
Investment (derived)
-€26,496
Investment in fixed assets (net)
-€26,496
Financing
-€15.0m
Contributions, distributions and other
-€15.0m
Cash 2025
€11.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,450,931 | €20,660,489 | -€14.8m | -41.7% |
| Fixed assets | 21/28 | €656,168 | €429,782 | -€226,386 | -34.5% |
| Tangible fixed assets | 22/27 | €599,456 | €373,070 | -€226,386 | -37.8% |
| Plant, machinery and equipment | 23 | €239,975 | €151,746 | -€88,229 | -36.8% |
| Furniture and vehicles | 24 | €79,464 | €45,555 | -€33,909 | -42.7% |
| Other tangible fixed assets | 26 | €280,017 | €175,769 | -€104,248 | -37.2% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €56,712 | €56,712 | = | 0.0% |
| Other financial fixed assets | 284/8 | €56,712 | €56,712 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €56,712 | €56,712 | = | 0.0% |
| Current assets | 29/58 | €34,794,763 | €20,230,707 | -€14.6m | -41.9% |
| Amounts receivable after more than one year | 29 | - | €647,831 | +€647,831 | |
| Other amounts receivable | 291 | - | €647,831 | +€647,831 | |
| Amounts receivable within one year | 40/41 | €8,407,060 | €8,327,692 | -€79,368 | -0.9% |
| Trade receivables | 40 | €8,405,052 | €8,327,692 | -€77,360 | -0.9% |
| Other amounts receivable | 41 | €2,008 | - | -€2,008 | |
| Cash at bank and in hand | 54/58 | €26,374,158 | €11,083,033 | -€15.3m | -58.0% |
| Deferred charges and accrued income | 490/1 | €13,545 | €172,151 | +€158,606 | +1171.0% |
| Total equity and liabilities | 10/49 | €35,450,931 | €20,660,489 | -€14.8m | -41.7% |
| Equity | 10/15 | €27,518,686 | €13,521,359 | -€14.0m | -50.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €27,456,713 | €13,459,386 | -€14.0m | -51.0% |
| Non-distributable reserves | 130/1 | €250,321 | €250,321 | = | 0.0% |
| Legal reserve | 130 | €250,321 | €250,321 | = | 0.0% |
| Distributable reserves | 133 | €27,206,392 | €13,209,065 | -€14.0m | -51.4% |
| Amounts payable | 17/49 | €7,932,245 | €7,139,130 | -€793,115 | -10.0% |
| Amounts payable within one year | 42/48 | €7,072,265 | €6,065,906 | -€1.0m | -14.2% |
| Trade debts | 44 | €3,245,863 | €2,300,491 | -€945,372 | -29.1% |
| Suppliers | 440/4 | €3,245,863 | €2,300,491 | -€945,372 | -29.1% |
| Advances received on contracts in progress | 46 | €158,832 | - | -€158,832 | |
| Taxes, remuneration and social security | 45 | €3,667,570 | €3,765,415 | +€97,845 | +2.7% |
| Taxes | 450/3 | €1,505,669 | €1,884,652 | +€378,983 | +25.2% |
| Remuneration and social security | 454/9 | €2,161,901 | €1,880,763 | -€281,138 | -13.0% |
| Accrued charges and deferred income | 492/3 | €859,980 | €1,073,224 | +€213,244 | +24.8% |
| Operating income | 70/76A | €34,610,559 | €26,817,570 | -€7.8m | -22.5% |
| Turnover | 70 | €33,900,474 | €26,266,137 | -€7.6m | -22.5% |
| Other operating income | 74 | €710,085 | €550,515 | -€159,570 | -22.5% |
| Non-recurring operating income | 76A | - | €918 | +€918 | |
| Operating charges | 60/66A | €30,373,167 | €25,847,707 | -€4.5m | -14.9% |
| Services and other goods | 61 | €18,567,326 | €13,857,482 | -€4.7m | -25.4% |
| Remuneration, social security and pensions | 62 | €11,528,141 | €11,206,383 | -€321,758 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250,909 | €252,882 | +€1,973 | +0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €413,609 | +€413,609 | |
| Other operating charges | 640/8 | €26,791 | €117,351 | +€90,560 | +338.0% |
| Operating profit (loss) | 9901 | €4,237,392 | €969,863 | -€3.3m | -77.1% |
| Financial income | 75/76B | €636,142 | €507,874 | -€128,268 | -20.2% |
| Recurring financial income | 75 | €636,142 | €507,874 | -€128,268 | -20.2% |
| Income from current assets | 751 | €503,089 | €202,792 | -€300,297 | -59.7% |
| Other financial income | 752/9 | €133,053 | €305,082 | +€172,029 | +129.3% |
| Financial charges | 65/66B | €197,198 | €288,751 | +€91,553 | +46.4% |
| Recurring financial charges | 65 | €197,198 | €288,751 | +€91,553 | +46.4% |
| Debt charges | 650 | €231 | €14 | -€217 | -93.9% |
| Other financial charges | 652/9 | €196,967 | €288,737 | +€91,770 | +46.6% |
| Profit (loss) for the period before taxes | 9903 | €4,676,336 | €1,188,986 | -€3.5m | -74.6% |
| Income taxes | 67/77 | €1,268,275 | €215,942 | -€1.1m | -83.0% |
| Taxes | 670/3 | €1,268,275 | €215,942 | -€1.1m | -83.0% |
| Profit (loss) for the period | 9904 | €3,408,061 | €973,044 | -€2.4m | -71.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,408,061 | €973,044 | -€2.4m | -71.4% |
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 30 September 2026 via checked.be.