IEJ 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.
IEJ ENGINEERING
Largest movements
- Cash +€46,265
up €46,265 (+4558.6%), from €1,015 to €47,280
mainly Net result for the year (+€54,444) and Other debts (+€48,394)
- Receivables within one year +€27,264
up €27,264 (+2744.0%), from €994 to €28,258
- Tangible fixed assets +€6,615
new in 2025: €6,615
- Other debts +€48,394
up €48,394 (+8076.6%), from €599 to €48,994
- Tax, wage and social debts +€23,459
up €23,459 (+3894.1%), from €602 to €24,061
of which Taxes: +€22,865
- Profit (loss) carried forward +€7,385
up €7,385, from -€2,086 to €5,299
- Trade debts +€974
up €974 (+247.7%), from €393 to €1,367
- Gross operating margin +€74,914
up €74,914 (+5279.5%), from €1,419 to €76,333
- Taxes +€14,828
new in 2025: €14,828
- Staff costs +€4,450
new in 2025: €4,450
- Depreciation +€1,789
new in 2025: €1,789
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 | €2,008 | €82,220 | +€80,212 | +3993.7% |
| Fixed assets | 21/28 | - | €6,615 | +€6,615 | |
| Tangible fixed assets | 22/27 | - | €6,615 | +€6,615 | |
| Furniture and vehicles | 24 | - | €6,615 | +€6,615 | |
| Current assets | 29/58 | €2,008 | €75,606 | +€73,597 | +3664.3% |
| Amounts receivable within one year | 40/41 | €994 | €28,258 | +€27,264 | +2744.0% |
| Trade receivables | 40 | €994 | €28,258 | +€27,264 | +2744.0% |
| Cash at bank and in hand | 54/58 | €1,015 | €47,280 | +€46,265 | +4558.6% |
| Deferred charges and accrued income | 490/1 | - | €68 | +€68 | |
| Total equity and liabilities | 10/49 | €2,008 | €82,220 | +€80,212 | +3993.7% |
| Equity | 10/15 | €414 | €7,799 | +€7,385 | +1785.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Share premium | 1100/10 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,086 | €5,299 | +€7,385 | |
| Amounts payable | 17/49 | €1,595 | €74,422 | +€72,827 | +4566.6% |
| Amounts payable within one year | 42/48 | €1,595 | €74,422 | +€72,827 | +4566.6% |
| Trade debts | 44 | €393 | €1,367 | +€974 | +247.7% |
| Suppliers | 440/4 | €393 | €1,367 | +€974 | +247.7% |
| Taxes, remuneration and social security | 45 | €602 | €24,061 | +€23,459 | +3894.1% |
| Taxes | 450/3 | €602 | €23,467 | +€22,865 | +3795.5% |
| Remuneration and social security | 454/9 | - | €594 | +€594 | |
| Other amounts payable | 47/48 | €599 | €48,994 | +€48,394 | +8076.6% |
| Remuneration, social security and pensions | 62 | - | €4,450 | +€4,450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,789 | +€1,789 | |
| Other operating charges | 640/8 | €1,331 | €741 | -€591 | -44.4% |
| Gross operating margin | 9900 | €1,419 | €76,333 | +€74,914 | +5279.5% |
| Operating profit (loss) | 9901 | €88 | €69,354 | +€69,266 | +78953.7% |
| Financial charges | 65/66B | €44 | €82 | +€38 | +88.1% |
| Recurring financial charges | 65 | €44 | €82 | +€38 | +88.1% |
| Profit (loss) for the period before taxes | 9903 | €44 | €69,272 | +€69,228 | +156517.7% |
| Income taxes | 67/77 | - | €14,828 | +€14,828 | |
| Profit (loss) for the period | 9904 | €44 | €54,444 | +€54,399 | +122992.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44 | €54,444 | +€54,399 | +122992.2% |
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 10 October 2026 via checked.be.