General Engineering & Consulting: 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
General Engineering & Consulting
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€43,037
2024 · €61,428-€18,392
Equity
€7.3m
2024 · €7.2m+€43,037
Cash
€463,118
2024 · €549,016-€85,898
Balance sheet total
€8.6m
2024 · €8.3m+€310,772
Largest movements
Assets
- Current investments +€303,574
up €303,574 (+16.6%), from €1.8m to €2.1m
Equity and liabilities
- Trade debts +€318,832
up €318,832 (+2,315%), from €13,774 to €332,606
- Debts after one year -€115,795
down €115,795 (-72.3%), from €160,170 to €44,375
Income statement
- Financial income -€62,899
down €62,899 (-75.1%), from €83,728 to €20,829
- Gross operating margin +€54,475
up €54,475 (+9.2%), from €595,163 to €649,638
- Taxes -€23,075
down €23,075 (-83.7%), from €27,558 to €4,483
- Depreciation +€21,699
up €21,699 (+5.0%), from €430,452 to €452,151
- Other operating charges +€9,797
up €9,797 (+15.7%), from €62,307 to €72,104
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
€61,428
Gross operating margin
+€54,475
Staff costs
-€1,907
Depreciation
-€21,699
Other operating charges
-€9,797
Other operating items
-€4,826
Financial income
-€62,899
Financial charges
+€5,187
Taxes
+€23,075
Result 2025
€43,037
raises the resultlowers the resultnot broken down further in the accounts
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
+€870,376
Investment
-€793,770
Financing
-€162,504
Cash 2024
€549,016
From operations (derived)
+€870,376
Net result for the year
+€43,037
Depreciation
+€452,151
Receivables within one year
-€53,929
Deferred charges and accrued income
-€1,122
Trade debts
+€318,832
Tax, wage and social debts
+€79,105
Other debts
+€38,482
Accrued charges and deferred income
-€6,181
Investment (derived)
-€793,770
Investment in fixed assets (net)
-€490,196
Current investments
-€303,574
Financing
-€162,504
Debts after one year
-€115,795
Current portion of long-term debt
-€46,709
Cash 2025
€463,118
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,326,515 | €8,637,287 | +€310,772 | +3.7% |
| Fixed assets | 21/28 | €5,887,263 | €5,925,307 | +€38,044 | +0.6% |
| Tangible fixed assets | 22/27 | €5,885,788 | €5,923,832 | +€38,044 | +0.6% |
| Land and buildings | 22 | €5,600,989 | €5,009,376 | -€591,612 | -10.6% |
| Plant, machinery and equipment | 23 | €199,835 | €840,764 | +€640,930 | +321% |
| Furniture and vehicles | 24 | €84,965 | €73,692 | -€11,273 | -13.3% |
| Financial fixed assets | 28 | €1,475 | €1,475 | = | 0.0% |
| Current assets | 29/58 | €2,439,252 | €2,711,979 | +€272,727 | +11.2% |
| Amounts receivable within one year | 40/41 | €54,662 | €108,591 | +€53,929 | +98.7% |
| Trade receivables | 40 | €30,296 | €40,610 | +€10,314 | +34.0% |
| Other amounts receivable | 41 | €24,367 | €67,981 | +€43,615 | +179% |
| Current investments | 50/53 | €1,832,755 | €2,136,330 | +€303,574 | +16.6% |
| Cash at bank and in hand | 54/58 | €549,016 | €463,118 | -€85,898 | -15.6% |
| Deferred charges and accrued income | 490/1 | €2,818 | €3,940 | +€1,122 | +39.8% |
| Total equity and liabilities | 10/49 | €8,326,515 | €8,637,287 | +€310,772 | +3.7% |
| Equity | 10/15 | €7,212,767 | €7,255,804 | +€43,037 | +0.6% |
| Contributions | 10/11 | €6,977,561 | €6,977,561 | = | 0.0% |
| Reserves | 13 | €235,207 | €278,244 | +€43,037 | +18.3% |
| Distributable reserves | 133 | €235,207 | €278,244 | +€43,037 | +18.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,113,748 | €1,381,483 | +€267,735 | +24.0% |
| Amounts payable after more than one year | 17 | €160,170 | €44,375 | -€115,795 | -72.3% |
| Financial debts | 170/4 | €160,170 | €44,375 | -€115,795 | -72.3% |
| Amounts payable within one year | 42/48 | €884,957 | €1,274,668 | +€389,711 | +44.0% |
| Current portion of amounts payable after more than one year | 42 | €162,504 | €115,795 | -€46,709 | -28.7% |
| Trade debts | 44 | €13,774 | €332,606 | +€318,832 | +2,315% |
| Suppliers | 440/4 | €13,774 | €332,606 | +€318,832 | +2,315% |
| Taxes, remuneration and social security | 45 | €17,437 | €96,542 | +€79,105 | +454% |
| Taxes | 450/3 | €11,845 | €89,941 | +€78,096 | +659% |
| Remuneration and social security | 454/9 | €5,593 | €6,601 | +€1,009 | +18.0% |
| Other amounts payable | 47/48 | €691,242 | €729,724 | +€38,482 | +5.6% |
| Accrued charges and deferred income | 492/3 | €68,621 | €62,440 | -€6,181 | -9.0% |
| Non-recurring operating income | 76A | - | €126,386 | +€126,386 | |
| Remuneration, social security and pensions | 62 | €39,094 | €41,001 | +€1,907 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €430,452 | €452,151 | +€21,699 | +5.0% |
| Other operating charges | 640/8 | €62,307 | €72,104 | +€9,797 | +15.7% |
| Non-recurring operating charges | 66A | - | €4,826 | +€4,826 | |
| Gross operating margin | 9900 | €595,163 | €649,638 | +€54,475 | +9.2% |
| Operating profit (loss) | 9901 | €63,310 | €79,556 | +€16,246 | +25.7% |
| Financial income | 75/76B | €83,728 | €20,829 | -€62,899 | -75.1% |
| Recurring financial income | 75 | €83,728 | €20,829 | -€62,899 | -75.1% |
| Financial charges | 65/66B | €58,052 | €52,865 | -€5,187 | -8.9% |
| Recurring financial charges | 65 | €58,052 | €52,865 | -€5,187 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €88,987 | €47,520 | -€41,467 | -46.6% |
| Income taxes | 67/77 | €27,558 | €4,483 | -€23,075 | -83.7% |
| Profit (loss) for the period | 9904 | €61,428 | €43,037 | -€18,392 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,428 | €43,037 | -€18,392 | -29.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.